Indonesia’s government has confirmed it is considering raising fuel prices by as much as 30%. Millions of Indonesians use kerosene…
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Japanese growth grinds to a halt
Growth in Japan evaporated in the three months to September, sparking renewed concern about an economy not long out of…
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Soaring oil ‘hits world economy’
The soaring cost of oil has hit global economic growth, although world’s major economies should weather the storm of price…
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Court rejects $280bn tobacco case
A US government claim accusing the country’s biggest tobacco companies of covering up the effects of smoking has been thrown…
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ECB holds rates amid growth fears
The European Central Bank has left its key interest rate unchanged at 2% for the 19th month in succession. Borrowing…
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Optimism remains over UK housing
The UK property market remains robust despite the recent slowdown, according to mortgage lender Bradford & Bingley and housebuilder George…
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Car giant hit by Mercedes slump
A slump in profitability at luxury car maker Mercedes has prompted a big drop in profits at parent DaimlerChrysler. The…
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IMF ‘cuts’ German growth estimate
The International Monetary Fund is to cut its 2005 growth forecast for the German economy from 1.8% to 0.8%, the…
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Karachi stocks hit historic high
The Karachi Stock Exchange (KSE) has recorded its largest single day gain, surging 3.5% to a new high. The index…
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Police detain Chinese milk bosses
Chinese police have detained three top executives at milk firm Yili, with reports suggesting that they are being investigated for…
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