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  Thursday, July 26, 2012
  Today
EU, US economies struggle as China stabilizes
The struggles of the US and Eurozone economies continued in July – weak data and business surveys showed, however, improved Chinese factory output suggested stimulus measures may be gaining traction in boosting the world's second-largest economy...
Greece slowly falling into the deep end
Greece is unlikely to be able to pay what it owes and further debt restructuring is likely to be necessary, three EU officials said earlier this week – a cost that would have to fall on the European Central Bank (ECB) and Eurozone governments...
Li Ka-Shing to buy Wales & West for $1 billion
Hong Kong's richest man Li Ka-Shing has agreed to pay 645 million pounds ($1 billion) for Wales & West Utilities Ltd. in an effort to expand his utility portfolio in the UK...
New BOJ board members doubt rise of CPI
The two new members of the Bank of Japan's (BOJ) policy board said on Tuesday that the central bank's forecasts of a gradual end to deflation are overly optimistic and policymakers should be prepared to take new and bolder steps to boost prices...
  Featured Article
How to make $1k count in Mutual Funds
BENCHMARK has spoken to a number of financial advisers to determine key criteria when seeking the right vehicle to invest US$1,000 per month. One logical approach is to invest into a long-standing mutual fund with a history of positive alpha. As volatility reaches fresh highs every month a diversified mutual fund helps you avoid...
  Gallery
  Events
  Most Read in the past 7 days
Moody's lowers Dutch and German outlooks
Citing "rising uncertainty" about the Eurozone bloc – Moody's Investors Service lowered Germany, the Netherlands and Luxembourg from their outlooks for their Aaa credit ratings to negative...
CNOOC initiates China's largest foreign deal
State-controlled CNOOC Ltd launched China's richest foreign takeover bid by agreeing to buy Canadian oil producer Nexen Inc for $15.1 billion, forcing Ottawa to decide whether security concerns outweigh its desire for foreign investment in its energy resources...
Brazil inflation jumps, ending trend
Brazil's inflation unexpectedly accelerated this month, reinforcing investors' bets that the central bank will soon end a cycle of interest rate cuts that has taken borrowing costs to a record low...
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