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  Wednesday, August 1, 2012
  Today
SG's GIC adds cash, cuts stocks and bonds
Government of Singapore Investment Corp. – managing more than $100 billion – said it almost quadrupled its cash allocation, pared bonds and stocks while reducing its holdings in Europe amid the fiscal crisis...
Indian inflation risks still significant
Indian inflation is a major challenge for monetary policy even as economic expansion remains slow and weak, the Reserve Bank of India (RBI) said...
China's attempt to spur private investments
The mainland government said on Monday, it would make investments in key projects in order to encourage private sector finance to play a larger role in developing vital industry sectors including railways, utilities, finance and healthcare...
Hang Seng yields strong profits
Surpassing analysts' estimates – Hang Seng Bank Ltd. jumped 14% in first-half profits – signaling that Hong Kong lenders are withstanding a slowdown in China's economy and the fallout from Europe's debt crisis...
  Featured Article
Draghi's euro plan gains traction
US Treasury Secretary Timothy F. Geithner and German Finance Minister Wolfgang Schaeuble supported a commitment by European leaders to do everything needed to defend the Eurozone while failing to mention its weakest link, Greece...
  Gallery
  Events

  Most Read in the past 7 days
Disappointing economic data: Japan and Korea
Japan's industrial production took a surprising turn downwards and South Korean manufacturers' confidence dropped to a three-year low, reinforcing the case for extra monetary and fiscal measures to support growth...
UK home prices falling
For the first time this year, UK house prices fell in July and may extend their decline as the deepening recession curbs housing demands, said Hometrack Ltd...
Spanish jobless rate hits 40 year high
Succumbing to a crisis of confidence among business and consumers alike, recession continues to escalate as Spanish unemployment hit its highest level in Q2 since the Franco dictatorship ended in the mid-1970s...
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