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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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02/06/2012 07:17 PM

UN's global report on youth highlights rising concerns over lack of job prospects

A lack of job opportunities, inadequate education, vulnerable working conditions and insufficient government investment are some of the main concerns of young people around the world, according to a U

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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 12:18 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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02/06/2012 11:52 PM

New ethics rules require spouse finance info

PARKERSBURG - In accordance with new state ethics regulations requiring financial disclosure not only by public officials but also by their spouse, Wood County Commissioner Steve Gainer's wife ...

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02/06/2012 11:42 PM

Biggest 10 borrowers face tighter banks, leery markets

Israel's biggest corporate borrowers are in a tough bind: They owe a combined NIS 180 billion but find that neither the banks nor the financial markets are able or willing to lend as ...

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02/06/2012 11:25 PM

Aussie banks unlikely to pass on rate cut

Australian banks said they may not be able pass on any interest rate cut the Reserve Bank is set to make later today. They warned overseas funding may not be available to local banks to lend ...

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vkram : Financial Services 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'

UN's global report on youth highlights rising concerns over lack of job prospects

Cancel aid to India, say some British MPs

IMF warns of lower growth in China due to Europe slump

Greece struggles with spending cuts rider for EU rescue plan

New ethics rules require spouse finance info

Biggest 10 borrowers face tighter banks, leery markets

Aussie banks unlikely to pass on rate cut