Business

China should stop property stimulus now -c.bank paper

China should immediately halt some of its real estate stimulus policies, or risk inflating a bubble that in its bursting would wreak financial and even social trouble, a government newspaper said on Monday.

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Singapore, Korean Air eye recovery after slump

Singapore Airlines and Korean Air Co, two of Asia's biggest airlines, flagged a recovery in travel demand after their quarterly results showed some signs of improvement. ...

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China raises gasoline, diesel, jet prices by 7 pct

China will lift gasoline and diesel prices by around 7 percent from Tuesday to reflect the rising cost of crude oil, taking pump prices to their highest ever, China's top planning body, the National Development and Reform Commission, said on Monday. ...

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China, like U.S., tackles thorny health care reform

Construction worker Li Fuxing had been in the wealthy Chinese city of Hangzhou for less than a month when a falling beam smashed his knee, landing him with hospital bills equivalent to half a year's wages....

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Singapore's DBS dilemma: build or buy big

Eight years after burning its fingers on a pricy acquisition in Hong Kong, Singapore's DBS Group Holdings Ltd, Southeast Asia's biggest bank, faces a dilemma -- stick to growing its existing business or beef up its Asia presence with a significant buy. ...

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Shanghai to own 57 pct of new Disney park -paper

An investment company controlled by the Shanghai city government will own a majority stake in a planned Disney theme park that won key government approval this week, the People's Daily reported on Thursday. ...

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China container throughput to fall 7 pct in 2009

Container throughput at major Chinese ports is expected to fall 7 percent this year to 120 million TEU, the Ministry of Transport said on Thursday. ...

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Singapore Exchange to launch fuel oil futures in Jan

Singapore Exchange will launch its fuel oil futures contract in January 2010, Elena Sng, senior vice president for AsiaClear said on Wednesday, as it attempts to boost the city-state's role as a regional energy hub. ...

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Internet censorship liable to WTO challenge - study

Censorship of the Internet is open to challenge at the World Trade Organisation as it can restrict trade in services delivered online, a forthcoming study says. ...

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China's biggest bank to get Malaysia license - paper

Industrial and Commercial Bank of China, the country's biggest lender, will get a license to open in Malaysia when Chinese President Hu Jintao visits on Nov. 10-11 and a raft of commercial deals will be signed, the Straits Times newspaper reported. ...

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