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02/06/2012 01:59 PM

Citigroup get approval to offer credit cards in China

NEW YORK - Citigroup's Chinese subsidiary has been granted permission to offer its credit cards in China, becoming the first US based bank and the second foreign bank to receive the nod.

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02/07/2012 02:00 AM

Australian Reserve Bank leaves cash rate unchanged

The Reserve Bank of Australia (RBA) announced Tuesday its decision to leave the cash rate unchanged at 4.25 percent following its February board meeting.

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02/06/2012 02:20 AM

Qantas boss says proposed law will threaten airline's future

Qantas CEO Alan Joyce has said a proposed legislation forcing Qantas to maintain its base in Australia and perform the majority of heavy aircraft maintenance and training at home, would seriously thre

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02/06/2012 12:18 PM

IMF warns of lower growth in China due to Europe slump

NEW YORK - The IMF has warned of lower growth in China in view of the economic slump in Europe, and cut its forecast for the world's second largest economy this year to 8.25 per cent from 9 per cent

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02/06/2012 11:58 AM

China bars airlines from paying EU carbon tax

BEIJING - China's Monday asked its airlines not to pay a charge on carbon emissions imposed by the European Union (EU).

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02/06/2012 11:51 PM

Mitsubishi to wind up Europe plant over debt

PHOTO/FILE A Mitsubishi Outlander sports model produced by NedCar, a Japan's Mitsubishi Motors production unit in the Netherlands. The Japanese car-maker has decided to withdraw production in ...

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02/06/2012 11:32 PM

RBA Unexpectedly Holds Rates, Leaves Door Open to Cut

Australia's central bank held its cash rate steady at 4.25 percent on Tuesday, a surprise to many who had thought it would cut rates, though it did leave the door open to an easing in coming ...

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02/06/2012 11:32 PM

Google, Facebook Pull Content After India Court Warning

removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown "like China" if they did not take steps to protect religious ...

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02/06/2012 11:32 PM

After US Oil Snub, Canada Focuses on China

Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude ...

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02/06/2012 11:25 PM

Goldman upgrades Reliance, shares rise

Reliance Industries (RIL) to buy from neutral, citing a potential lift in margins on increased refining and recovering oil demand, sending the refiner's shares up in pre-open trade on Tuesday. ...

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vkram : Asia Business News

Citigroup get approval to offer credit cards in China

Australian Reserve Bank leaves cash rate unchanged

Qantas boss says proposed law will threaten airline's future

IMF warns of lower growth in China due to Europe slump

China bars airlines from paying EU carbon tax

Mitsubishi to wind up Europe plant over debt

RBA Unexpectedly Holds Rates, Leaves Door Open to Cut

Google, Facebook Pull Content After India Court Warning

After US Oil Snub, Canada Focuses on China

Goldman upgrades Reliance, shares rise