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Archive for: May, 2011

India GDP quarterly growth slips to 7.8%

NEW DELHI: Indian economic growth slipped in the last quarter of its fiscal year, posting a rise of 7.8 per cent as an aggressive series of interest rate hikes slowed activity, official data showed on Tuesday. Channel NewsAsia Business News

Any Issues The US May Have With Growth Are Dwarfed By The Crisis In The Eurozone

Pro-growth assets like commodities and equities seem to have lost their sense of direction in the… www.minesite.com: Latest News

Japan’s jobless rate rises to 4.7% in April

TOKYO: Japan’s unemployment rate rose to 4.7 percent in April, up 0.1 percentage points from a month earlier, with figures from the disaster-hit northeast excluded, the government said on Tuesday. Channel NewsAsia Business News

S.Korea, Japan firms in cloud computing deal

SEOUL: South Korean telecom operator KT said Monday it would form a cloud computing venture with Japan’s Softbank to help Japanese companies keep their data safe from natural disasters. Channel NewsAsia Business News

That Was The Week That Was … In London

London’s mining sector returned to normal after it pumped massive funds into the flotation of… www.minesite.com: Latest News

British government advised to consider selling Northern Rock

LONDON: The British government has been advised to consider selling nationalised lender Northern Rock, rather than float it on the stock market or return it to the mutual sector, a report said on Sunday. Channel NewsAsia Business News

Lockheed Martin says it repelled cyber attack

WASHINGTON: Lockheed Martin, the world’s top defence contractor, was on Sunday investigating the source of a major cyber attack one week ago against its information network, the company said. Channel NewsAsia Business News

Lockheed Martin confirms attack on its IT network

WASHINGTON: US defense contractor Lockheed Martin confirmed late Saturday that it had detected “a significant and tenacious” attack on its information systems network. Channel NewsAsia Business News

That Was The Week That Was … In Australia

Minews. Good morning Australia. You seem to have suffered another negative week? Oz. It might look… www.minesite.com: Latest News

Swiss bank official defends new regulations

GENEVA : The vice president of the Swiss National Bank defended on Saturday tough new regulatory measures, saying they do not pose a threat to Swiss banks’ competitiveness. Channel NewsAsia Business News

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