Despite the slow economy and the ongoing credit crunch, Stuart Schweitzer, global markets strategist at JPMorgan Private Bank, last week shifted 5 pe read more »
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The Cambodian government is considering allowing foreign ownership of property such as apartments and office buildings to boost the country's econom read more »
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Japan's Mitsubishi Electric Corp. said Wednesday it will spend 50 billion yen (458 million dollars) to boost solar power cell production four-fold b read more »
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China's national pension fund is in talks with CITIC Capital Holdings to set up a private equity fund worth up to five billion yuan (730 million dol read more »
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South Korea's main flag carrier Korean Air on Wednesday launched a regular cargo flight service to Uzbekistan, with a regular passenger service also read more »
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Bank of Beijing aims to become China's first city commercial bank to enter the fund management business, planning a joint venture with Canada's Ban read more »
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China's Bank of Communications said Wednesday it plans to set up a branch in San Francisco, its second branch in the United States, as it moves to e read more »
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Bank of China, one of the nation's big four state-owned commercial lenders, Wednesday denied it facilitated terrorism, responding to accusations in read more »
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Spiralling food prices have pushed an estimated four million Bangladeshis below the poverty line despite the country's strong economic growth, the W read more »
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Federal Deposit Insurance Corp (FDIC) might have to borrow money from the Treasury Department to see it through an expected wave of bank failures, th read more »
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U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. read more »
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Mortgage application volume rose less than 1 percent during the week ended Aug. 22, according to the Mortgage Bankers Association's weekly applicati read more »
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