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Japan’s export growth accelerates

By Agency Reporter Thursday, 23 Dec 2010 Tokyo: Japanese export growth picked up for the first time in nine months in November, in part due to a weaker yen, official figures have shown. The British Broadcasting Corporation reported on Wednesday that exports grew by 9.1 per cent compared with a year […]

Rio Tinto near deal on $3.8bn Riversdale bid

By Agency Reporter Thursday, 23 Dec 2010 SYDNEY: Anglo-Australian miner, Rio Tinto, is finalising a $3.8bn takeover bid for Africa-focused Riversdale, according to two sources, upping an earlier offer as it seeks to gain key coking coal supplies amid soaring demand from India and China. Reuters reported on Wednesday that a […]

UK economic growth revised down

By Agency Reporter Thursday, 23 Dec 2010 London: The United Kingdom economy grew less than previously estimated between July and September, revised figures have shown. The British Broadcasting Corporation reported on Wednesday that the Office for National Statistics said UK Gross Domestic Product grew by 0.7 per cent in the third […]