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Bharti Board Said to Clear $9 Billion Offer for Zain Update1 (20 March 05:50) |
| Bharti Airtel Ltd., the Indian phone company planning a $9 billion purchase of Zain’s African wireless assets, intends to make an offer next week, after Bharti’s board today approved the... |
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Thai Protesters Flood Bangkok Demanding Abhisit Quit Update1 (20 March 04:57) |
| Thousands of Thai protesters flooded Bangkok’s streets in pick-up trucks and cars, extending into a second week their pressure on Prime Minister Abhisit Vejjajiva to resign. |
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Pakistan Tribes Plan Anti-Taliban Strategy at Jirga Update1 (20 March 01:00) |
| Pakistan’s tribal leaders began their biggest meeting since the U.S. invaded Afghanistan in 2001 and removed the Taliban from power, to discuss a strategy to end support for militants. |
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Hong Kong Wins No Weekend Respite as Smog Worsens for Third Day (20 March 12:41) |
| Hong Kongers continued to suffer from hazardous levels of roadside pollution, with vehicle emissions and power plants helping drive air quality lower for a third day, sparking government hea... |
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Cyclone Ului Approaching Australia May Strengthen Update1 (20 March 11:22) |
| Tropical Cyclone Ului is forecast to strike Australia’s Queensland coast with damaging winds and heavy rain tomorrow as it’s expected to strengthen to category three before making landfa... |
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Thai Protesters Flood Bangkok Streets Demanding Abhisit Resign (20 March 11:14) |
| About 20,000 Thai protesters flooded Bangkok’s streets in pick-up trucks and cars, extending into a second week their pressure on Prime Minister Abhisit Vejjajiva to resign. |
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Sandstorm Blows Into Beijing Sparks Health Warning Update1 (20 March 10:55) |
| Beijing was blanketed in yellow dust this morning as a sandstorm that has been buffeting much of the country’s northwest hit the capital, prompting government health warnings. |
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Cyclone Ului May Strengthen Before Reaching Australia Tomorrow (20 March 10:04) |
| Tropical Cyclone Ului may return to category three intensity as it approaches Australia’s Queensland coast, where it’s expected to bring damaging winds and heavy rain when it makes landf... |
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Indiarsquos Interest Rate Rise lsquoSign of Things to Comersquo Update1 (20 March 09:34) |
| India’s central bank will probably raise interest rates again next month as the first increase in two years is only the initial step in the battle against inflation, BNP Paribas SA and Sta... |
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Sandstorm Hits Beijing Government Urges People to Stay Home (20 March 09:07) |
| A sandstorm that has plagued northwestern China in the past few weeks, hit Beijing Friday night, blanketing the city. |
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Pakistan Tribes Plan Anti-Taliban Strategy at Biggest Gathering (20 March 08:54) |
| Pakistan’s tribal leaders are gathering today to discuss a strategy to end support for militants, their biggest meeting since the U.S. invaded Afghanistan in 2001 and removed the Taliban f... |
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Australia Needs $92 Billion in Energy Investment Update1 (20 March 08:30) |
| Australia needs to invest at least A$100 billion ($92 billion) in electricity infrastructure in the next decade to meet growing demand by consumers, the Minister for Resources and Energy, Ma... |
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China Inflation Less Important Than Asset Bubbles Fan Says (20 March 08:26) |
| The threat to China’s economy from inflation is “not particularly big” at the moment and is of less concern than tackling asset-price bubbles, said Fan Gang, an adviser to the People... |
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Asian Stocks Gain for Fourth Week on Fed Pledge BOJ Lending (20 March 03:27) |
| Asian stocks rose for a fourth week after the U.S. Federal Reserve pledged to keep borrowing costs near zero for an “extended period” and as the Bank of Japan expanded a bank-loan progra... |
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Asian Currencies Won Leads Weekly Drop on Greece China Risk (20 March 03:20) |
| South Korea’s won and the Malaysian ringgit fell this week as concern about Greece’s ability to secure financial assistance from the European Union cooled demand for emerging-markets ass... |
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Indiarsquos Unexpected Interest Rate Rise lsquoSign of Things to Comersquo (20 March 12:01) |
| India’s central bank will probably raise interest rates again next month as the first increase in two years is only the initial step in the battle against inflation, BNP Paribas SA and Sta... |
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Indian ADRs Fall Most in Six Weeks After Interest-Rate Increase (19 March 10:41) |
| Indian companies’ American depositary receipts fell the most in six weeks after the nation’s central bank unexpectedly raised interest rates for the first time since July 2008. |
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India Raises Interest Rates for First Time Since 2008 Update3 (19 March 09:39) |
| India’s central bank unexpectedly raised interest rates for the first time in almost two years, saying controlling price-gains has become “imperative’ after inflation accelerated to a ... |
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Dai-ichi Life Offers Shares at Premium to TampD in IPO Update2 (19 March 09:15) |
| Dai-ichi Mutual Life Insurance Co.’s initial public offering, the biggest in Japan since 1998, will value the company’s shares right between its two largest competitors. |
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India Raises Interest Rates for First Time Since 2008 Update2 (19 March 08:41) |
| India’s central bank unexpectedly raised interest rates for the first time since July 2008, saying controlling price-gains has become “imperative’ after inflation accelerated to a 16-m... |
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Japan Has Very Little Room for Further Stimulus Sengoku Says (19 March 08:32) |
| National Strategy Minister Yoshito Sengoku said Japan has “extremely little” room for further stimulus spending because of the country’s financial condition. |
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Dai-ichi Life Offers Shares at Premium to TampD in IPO Update1 (19 March 08:22) |
| Dai-ichi Mutual Life Insurance Co.’s initial public offering, the biggest in Japan since 1998, will value the company’s shares right between its two largest competitors. |
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Roach Spars With Krugman Over Call to Pressure China Update1 (19 March 07:34) |
| Morgan Stanley Asia Chairman Stephen Roach said that Paul Krugman’s call to push China to allow a stronger yuan is “very bad” advice and that increased Chinese spending is a better way... |
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Chinas Stocks Cap off a Big Week (19 March 06:37) |
| China’s stocks rose, capping the biggest weekly gain in five weeks, as raw-material producers rallied after Aluminum Corp. of China Ltd.’s parent agreed to buy a stake in an African iron... |
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Obama Delays Indonesia Trip to Focus on Health Care Update4 (19 March 06:27) |
| U.S. President Barack Obama postponed a trip to Indonesia for three months to focus on his health-care plan, ceding ground to China in seeking trade and investment opportunities in Southeast... |
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Bharti Said to Seek Zain Cover on Nigeria for Deal Update2 (19 March 05:48) |
| Bharti Airtel Ltd., the Indian phone company planning a $9 billion purchase of Zain’s African assets, may ask Zain for legal protection from a dispute in Nigeria, according to a person fam... |
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Asian Stocks Record a Fourth Weekly Rise on US Recovery Signs (19 March 04:20) |
| Asian stocks rose, driving the MSCI Asia Pacific Index toward a fourth weekly advance, after U.S. jobs and manufacturing reports boosted confidence in a global economic recovery. |
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Euro Set for Worst Week Since January Amid EU Split on Greece (19 March 04:15) |
| The euro headed for its biggest weekly decline against the dollar since January as concern Greece will fail to secure financial assistance from the European Union damped demand for the curre... |
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Yuan Forwards Rise on Appreciation Stress Tests for Exporters (19 March 03:42) |
| Yuan forwards rose for the first time this week on speculation government tests to gauge the impact of a stronger currency on exporters will pave the way for appreciation to resume. |
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Sengoku Says Japan Has Very Little Room for Stimulus Update2 (19 March 03:41) |
| National Strategy Minister Yoshito Sengoku said Japan has “extremely little” room for additional stimulus spending because of the country’s financial condition. |
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Rio Case Spotlights Chinas Scary Courts (19 March 03:39) |
| Multinationals wary of China's legal system are focusing on the upcoming criminal trial of four Rio Tinto employees accused of taking bribes |
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All Nippon Predicts Profit Next Year (19 March 02:15) |
| All Nippon Airways Co., Asia’s second-largest carrier by sales, predicted a return to profit next fiscal year as the company cuts jobs and adds flights. |
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Vietnam Tycoon Lures Companies from China (19 March 01:23) |
| Property developer Dang Thanh Tam, one of the richest men in Vietnam, says investors can benefit from the country's low labor costs |
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Recovery Signs Depress Japans Bonds (19 March 12:49) |
| Japan’s bonds fell for a third week as signs the world’s second-largest economy is recovering damped demand for the safety of government debt. |
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Rio Chinalco Team Up on African Mine (19 March 12:36) |
| Aluminum Corp. of China agreed to pay $1.35 billion for a stake in Rio Tinto Group’s Simandou iron ore project in Guinea, in a sign relations between the world’s third-largest mining com... |
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Chinarsquos Stocks Rise Set for Biggest Weekly Gain in Five Weeks (19 March 12:07) |
| China’s stocks rose, poised for the biggest weekly gain in five weeks, as raw-material producers rallied after Aluminum Corp. of China Ltd.’s parent agreed to buy a stake in an African i... |
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Rio Chinalco Agree to Develop African Iron Ore Mine Update3 (19 March 11:23) |
| Aluminum Corp. of China agreed to pay $1.35 billion for a stake in Rio Tinto Group’s Simandou iron ore project in Guinea, in a sign relations between the world’s third-largest mining com... |
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Sovereign Credit Swap Curbs May Push Trading to Asia ISDA Says (19 March 11:22) |
| Limits on trading credit-default swaps linked to government debt being pursued in Europe may push trading of the contracts to Asia, according to the International Swaps and Derivatives Assoc... |
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Rio Chinalco Agree to Develop African Iron Ore Mine Update2 (19 March 10:50) |
| Aluminum Corp. of China agreed to pay $1.35 billion for a stake in Rio Tinto Group’s Simandou iron ore project in Guinea, in a sign relations between the world’s third-largest mining com... |
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Obama Delays Indonesia Trip to Focus on Health Care Update2 (19 March 10:37) |
| President Barack Obama postponed a trip to Indonesia for three months to focus on his health-care plan, ceding ground to China in seeking trade and investment opportunities in Southeast Asia... |
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Korea Electric May Bid for Stake in Extract Resources Update2 (19 March 10:33) |
| Korea Electric Power Corp. and state-run Korea Resources Corp. may make a joint bid for a stake in Extract Resources Ltd., an Australian explorer that owns a uranium mine in Namibia, to obta... |
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Indonesiarsquos Pricier Stocks Than China Wonrsquot Slow Gain Update1 (19 March 10:17) |
| Indonesia stocks may rise a further 15 percent this year, extending Southeast Asia’s best rally as the nation’s earnings prospects allow for prices that are higher than those in China, a... |
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Euro Set for Worst Week Since Start of February on Greece Woes (19 March 08:26) |
| The euro is set for its biggest weekly loss since the start of February as concern Greece will fail to secure financial assistance from the European Union damped demand for the currency. |
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Obama Postpones Indonesia Trip Allowing China to Arrive First (19 March 08:25) |
| President Barack Obama postponed a trip to Indonesia for three months to focus on his health-care plan, ceding ground to China in seeking trade and investment opportunities in Southeast Asia... |
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Asia-Pacific Loan Prices Soar as Lending Slump Ignites Trading (19 March 08:24) |
| Asia-Pacific corporate loan prices rose to the highest in two years after syndicated bank lending slumped to the lowest since 2005, attracting investors to an emerging market for older debt. |
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Rudd to Debate Abbott on Health in Start to Election Campaign (19 March 08:22) |
| Australian Prime Minister Kevin Rudd will face opposition leader Tony Abbott in an unprecedented leaders’ debate on health next week, effectively starting the election campaign before a da... |
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Japan Welcomes Vote Against Tuna Ban (19 March 07:51) |
| The UN rejects proposal to ban trade of Atlantic bluefin tuna, a favorite of Japanese consumers |
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Indonesiarsquos Pricier Stocks Than China Wonrsquot Slow Gain AMP Says (19 March 06:18) |
| Indonesia stocks may rise a further 15 percent this year, extending Southeast Asia’s best rally as the nation’s earnings prospects allow for prices that are higher than those in China, a... |
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Arrow Shares Halted Amid Talk of Sweetened Takeover Update2 (19 March 06:10) |
| Arrow Energy Ltd., the focus of a A$3.3 billion ($3 billion) takeover bid by Royal Dutch Shell Plc and PetroChina Co., had its shares halted amid speculation of a sweetened offer for the Aus... |
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Headley Pleads Guilty in Mumbai Denmark Terror Plots Update3 (19 March 05:31) |
| David Coleman Headley pleaded guilty in federal court in Chicago to helping plan the November 2008 terror attacks in Mumbai and an assault on a Danish newspaper that wasn’t carried out. |
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