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Australia media review eyes Internet

A review of Australia’s media yesterday recommended a major regulatory shakeup, which would put Internet giants under the same umbrella as traditional outlets and see
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Asian markets mostly down, Europe woes drag

Asian markets fell yesterday and the euro sat near one-year lows with traders unconvinced by Europe’s deal to save its currency and downbeat over the ...
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Olympus meets deadline to avoid delisting

Scandal-hit Olympus yesterday filed its delayed earnings report to the Tokyo Stock Exchange, avoiding an automatic delisting that would have wiped out the value of ...
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Eurozone crisis cools oil market: IEA

The eurozone debt crisis is cooling the global oil market rapidly but likely sanctions against Iran are holding prices up for now, the IEA said ...
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French nuke giant Areva suspends investment

French nuclear giant Areva said yesterday it is suspending building work at several sites in France, Africa and the United States, one day after forecasting ...
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Taiwan probes HTC claim against analyst

Taiwanese smartphone maker HTC has accused a local employee of global banking giant Citigroup of spreading “false news” about the firm to encourage ...
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Sinopec, ENN: 2.2 billion US for China gas

China’s Sinopec and ENN Energy Holdings disclosed plans yesterday to acquire China Gas Holdings for USD 2.2 billion, amid the Asian powerhouse’s surging demand for ...
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Asian markets higher after EU debt deal

Asian markets were mixed yesterday as optimism over last week’s European plan to introduce tougher fiscal rules to save the eurozone were weighed by lingering ...
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Sinopec boosts Australian LNG stake

China’s Sinopec raised its stake in a major Australian-US liquefied natural gas (LNG) project and almost doubled its sales contract yesterday as Beijing scrambles to ...
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AirAsia Indonesia postpones IPO

The Indonesian subsidiary of Asia’s biggest budget carrier AirAsia will postpone its initial public offering (IPO) until next year due to the global ...
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