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UPDATE 2-Moody's sees negative ratings trend for Asian firms

US puts Asia-Pacific on top amid defense cuts

Markets: FTSE 100 buoyed by Chinese data on Tuesday

Moody's sees negative ratings trend for Asian firms

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Asian stock markets fall as inflation in China rebounds in January, Greek debt ... - Washington Post


euronews

Asian stock markets fall as inflation in China rebounds in January, Greek debt ...
Washington Post
BANGKOK — Asian stocks fell Thursday after data showed inflation in China was heating up again, complicating efforts by Beijing to stimulate the world's No. 2 economy. A snag in talks to prevent Greece going bankrupt also weighed on sentiment.
Asia Stocks Fall As Chinese Inflation Heats UpTheStreet.com

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Chinese Shipping Magnate Drops $328000 for Racing Pigeon - Weird Asia News (press release)


Weird Asia News (press release)

Chinese Shipping Magnate Drops $328000 for Racing Pigeon
Weird Asia News (press release)
If you ask the Chinese magnate that bought the pigeon, the rat with wings was definitely the better buy. According to an “international pigeon auction house” (which is apparently a real thing), Zhen Yu Hu, a Chinese shipping magnate, dropped the hefty ...

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Zepol Reports January Vessel Imports Increase 13.4% - MarketWatch (press release)


Zepol Reports January Vessel Imports Increase 13.4%
MarketWatch (press release)
TEU imports from China rose 20% in January from December, while Japanese imports dropped 11.7%. Total TEUs for Asia in January increased by 17%. Imports from Europe were also up 3% in January with significant rises from the countries of Spain and ...

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TEXT-Fitch:Global shipping industry woes continue as BDI collapses - Reuters


Globe and Mail (blog)

TEXT-Fitch:Global shipping industry woes continue as BDI collapses
Reuters
(The following statement was released by the rating agency) Feb 07 - The recent precipitous drop in the Baltic Dry Index (BDI) does not augur well for the global shipping industry, says Fitch Ratings. The industry has been plagued by overcapacity and ...
Bulk carriers sink into the red as cargoes take a diveSydney Morning Herald
Introducing…The Baltic Dry Index (BDI): The Most Bearish Chart in the WorldMoney Morning Australia
Baltic Dry plumbs 25-year depthsGlobe and Mail (blog)
Economic Times -ETF Daily News (blog) -Markets
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Asia-US Container Lines Seek $500 Annual Rate Increase - BusinessWeek


Asia-US Container Lines Seek $500 Annual Rate Increase
BusinessWeek
The industry lost money last year after rates dropped because container shipping lines had added too many ships in anticipation of an economic recovery. TSA, which called the increase “critical” to carriers, said its members will consider further ...
Eastbound Trans-Pacific Carriers Seek $800 in Rate IncreasesThe Journal of Commerce Online

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