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Dollar gains ahead of US jobs data
Published December 4, 2008, 10:55 pm, Zawya
TOKYO, Dec 05, 2008 (AFP) - The dollar drifted higher in Asia Friday as markets braced for a US jobs report expected to show widespread layoffs as the world's largest economy struggles through a recession.
Asian stocks mixed as markets lose momentum
Published December 4, 2008, 10:54 pm, Sydney Morning Herald
Asian markets were mostly lower on Friday as a slew of dismal US economic news overshadowed big rate cuts from central banks in Europe.
Asian Development Bank approves $500 mln loan to clean up world's dirtiest river in Indonesia
Published December 4, 2008, 10:54 pm, Minneapolis-St. Paul Star Tribune
MANILA, Philippines - The Asian Development Bank on Friday approved a $500 million loan for cleaning up Indonesia's Citarum River, calling it the world's dirtiest.
BofA-Merrill merger vote may change Wall Street
Published December 4, 2008, 10:54 pm, The Times and Democrat
CHARLOTTE, N.C. - When shareholders vote on Bank of America Corp.’s acquisition of Merrill Lynch & Co. on Friday, they are expected to transform the bank into a business befitting its name and change the face of Wall Street.
Karnataka Cabinet approves new Mining Policy
Published December 4, 2008, 10:53 pm, New Kerala
Bangalore, Dec 4 : Karnataka Cabinet today approved the new mining policy aimed at banning export of iron ore and encourage value addition of the product, keeping in view the domestic market.
Fifth China-U.S. SED Talks Conclude
Published December 4, 2008, 10:53 pm, Nasdaq
(RTTNews) - The two-day fifth round Strategic Economic Dialogue (SED) between the United States and China concluded Friday in Beijing with an announcement to make available an additional $20 billion to support trade flows for trade finance, particularly for creditworthy importers in developing economies, media reports said.
South African Markets - Factors to watch on Dec 5
Published December 4, 2008, 10:51 pm, The Forex Market
JOHANNESBURG, Dec 5 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.
Signs mount of deep recession
Published December 4, 2008, 10:49 pm, The Scranton Times-Tribune
WASHINGTON — The latest evidence of a deepening recession that’s already the longest in a quarter-century came Wednesday in a pair of reports that found little relief in sight.
Rs 1,500-cr WB aid sought for drinking water projects
Published December 4, 2008, 10:49 pm, Business Standard India
The Karnataka cabinet today decided to seek Rs 1,500 crore as financial assistance from the World Bank to implement drinking water projects in the state.
FTSE seen opening down
Published December 4, 2008, 10:48 pm, Tiscali
LONDON (Reuters) - The FTSE 100 index is seen opening down as much as 1.6 percent on Friday, according to financial bookmakers, tracking weakness in the U.S. markets on disappointing profit outlooks from large companies.
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