05/16/2008 11:17 PM
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Saudis to boost oil output after US pressure
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The announcement of an increase production by about 300,000 barrels a day came after a plea by US president George W. Bush to King Abdullah at a meeting in Riyadh
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05/16/2008 06:50 PM
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Burma keeps silent on offers of US help
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Burma has failed to respond to a series of offers to let the US military deliver aid to the country, as the official death toll from the cyclone rose to 78,000
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05/16/2008 10:40 PM
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Citigroup mulls sale of German retail operations
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The US bank is looking to sell its German retail banking operations as part of the radical steps being taken by Vikram Pandit, chief executive, to scale back his company's operations in the wake of the credit crisis
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05/16/2008 06:52 PM
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Aftershock hampers China relief workers
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A powerful aftershock Friday near the epicentre of the quake caused landslides, hindering rescuers, as President Hu Jintao visited the disaster area for the first time
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05/16/2008 05:29 PM
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Japan growth at slowest in three years
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Japan's economy grew by just 1 per cent in the first three months of 2008 as strong exports to China and other emerging economies failed to offset weak capital spending
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05/16/2008 11:20 PM
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'Appeasers' row unites Democrats
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Barack Obama accused George W. Bush and John McCain of trying to fool the US electorate by comparing advocates of talks with America's adversaries to the "appeasers" of Nazi Germany
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05/16/2008 12:44 PM
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Sri Lankan blast kills 10 and injures 85
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At least ten people were killed and 85 wounded in a blast that shook a commercial quarter of the Sri Lankan capital on Friday, doctors and the military said.
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05/16/2008 07:14 PM
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Activist resigns from Hong Kong exchange
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Hong Kong's most outspoken corporate governance activist has accused the government of interfering in the running of the Hong Kong stock exchange operator and resigned from its board
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05/16/2008 01:41 PM
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Moneylenders rapped over collection tactics
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Takefuji, one of Japan's largest moneylenders, has been censored by regulators for offending a customer with insensitive music
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05/16/2008 11:19 AM
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Hong Kong GDP hits 7.1 per cent year on year
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Economic growth accelerated to its fastest pace since the third quarter of last year and buoyed by strong investment and resilient exports
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05/16/2008 09:12 AM
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China quake toll 'could reach 50,000'
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The sharp rise in the expected death toll indicates hopes are fading for tens of thousands of people trapped under collapsed buildings as rescuers struggle to reach them
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05/15/2008 11:46 PM
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Court case reveals Kwok family dispute
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A family power struggle for control of one of Hong Kong's biggest quoted property developers boiled over in public as the chairman won a last minute court injunction to stop what he claimed was a boardroom coup led by his two younger brothers
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05/15/2008 04:10 PM
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Rio Tinto hits back at China in iron ore fight
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Rio Tinto slammed Chinese steelmakers over increasingly aggressive negotiating tactics, after the China Iron & Steel Association called for its members to boycott spot sales of its iron ore
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05/15/2008 06:43 PM
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Shaw moves to shed TVB stake
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Sir Run Run Shaw, the founder and chairman of Television Broadcasts, is in talks to sell his stake in the world's leading Chinese language broadcaster, attracting interest from international private equity groups
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05/15/2008 01:57 PM
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Mizuho hit by surprise subprime losses
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Subprime losses at Mizuho Financial Group were Y80bn more than its estimate about a month ago but it provided some cheer for investors by forecasting an 80 per cent rise in annual profit
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