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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 02:30 AM

Japan intervened 5 times in foreign exchange market in Q4

The Japanese government carried out five rounds of interventions into the foreign exchange market in the last three months of 2011, spending about 9.09 trillion yen (about $118.7 billion), data from t

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02/07/2012 02:10 AM

`South Korean economic indicators weakening'

The employment scenario in South Kore continues to improve, but other economic indicators have weakened amid persistent inflation, the finance ministry said Tuesday.

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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 05:15 PM

Greece to Cut Government Jobs as Debt Pressure Intensifies

Greece has agreed to cut 15,000 jobs from its government workforce amid growing international pressure to quickly complete deals to cut its debt and impose more unpopular austerity measures.

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02/06/2012 05:30 AM

Cancel aid to India, say some British MPs

The aid from Britain to India must be cancelled immediately, demanded some British parliamentarians after India's finance minister said they don't need it. The row broke out after India favoured a Fre

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02/06/2012 12:10 AM

In form Hilfenhaus replaces injured Lee in Oz One-Day squad

In form swing bowler Ben Hilfenhaus will replace injured Brett Lee in the Australian One-Day squad for the ongoing Commonwealth Bank series.

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02/06/2012 01:15 PM

Bristol set to launch own currency on May 21

BRISTOL - Hundreds of traders and business establishments have signed up for Bristol's own currency to be launched May 21, with the backing of the Bristol Credit Union, a bank run as a cooperative.

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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 12:09 PM

Greece struggles with spending cuts rider for EU rescue plan

ATHENS - Greek Prime Minister Lucas Papademos has said he would continue intense talks with his coalition partners on austerity measures for a 130 billion-euro EU bailout plan second for Greece.

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vkram : Banking News

Citigroup get approval to offer credit cards in China

Japan intervened 5 times in foreign exchange market in Q4

`South Korean economic indicators weakening'

Australian Reserve Bank leaves cash rate unchanged

Greece to Cut Government Jobs as Debt Pressure Intensifies

Cancel aid to India, say some British MPs

In form Hilfenhaus replaces injured Lee in Oz One-Day squad

Bristol set to launch own currency on May 21

IMF warns of lower growth in China due to Europe slump

Greece struggles with spending cuts rider for EU rescue plan