Which Countries Make Money Off the iPad?
Everyone knows that iPads are made in China. And when the world's trade statistics get tallied up, China gets to count the full price of each Apple tablet among its exports. But how much money does China ...
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UPDATE 2-SocGen sees 2012 investment-bank revenue slump
* Funding costs, balance-sheet reduction seen hurting-memo * Will exit or slash shipping, property, plane finance * Will cut travel, entertainment expenses by 5 pct in 2012 * Toxic-asset sales to free ...
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UPDATE 2-Moody's sees negative ratings trend for Asian firms
* Credit becoming tighter as European banks retreat * Chinese developers, refining and tech firms vulnerable * India, Korea may suffer from weak or volatile FX * Sanguine on Asian bank ratings (Adds comments by Moody's on banks, S&P on China) SINGAPORE, Feb 2 (Reuters) - Defaults by Asiancompanies are likely to rise this year as the economicenvironment deteriorates and as credit becomes tighter ...
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US puts Asia-Pacific on top amid defense cuts
WASHINGTON D.C. - The Philippines and United States are threading carefully. Nearly 4 decades after it was forced to retreat from Vietnam and 20 years after it closed down Subic Base, the Americans are trying to return to Southeast Asia because of worries over China’s ambitions in the region.
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Markets: FTSE 100 buoyed by Chinese data on Tuesday
17:15 - Despite failing to hold onto all its gains, the FTSE 100 (UKX) closed 36 points higher at 5693 as the positive news from China sustained optimism and Wall Street put in a healthy performance. There was a surprise winner at the end of the session in shape of freshly-promoted Russian miner Polymetal (POLY), which added more than 3%. Sliding further was Essar Energy (ESSR), which lost a ...
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