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Palmer"s $60b claim rejected

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CONFUSION has descended on Clive Palmer's claim to have signed Australia's biggest-ever export deal, after the Chinese company said to be buying $60 billion worth of coal denied having any such agreement with the mining magnate. The rejection, alongside Chinese media reports playing down
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Rocky start for the great deal of China

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Miner correction . . . the thoughts of chairman Palmer. Illustration: John Shakespeare The chairwoman of China Power International Development, Li Xiaolin , is someone who likes to either compartmentalise her life or someone with a memory problem. On Saturday, the daughter of
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Palmer"s $60b coal deal shafted?

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CONFUSION surrounds mining magnate Clive Palmer's claim to have signed Australia's biggest export deal after the Chinese company said to be buying $60 billion worth of coal denied having an agreement with him. The denial, and Chinese media reports playing down the strength of the contract,
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British Pound Gives Back, Euro Advances on Hopes for Greece Bailout

Talking Points •    Japanese Yen: Down Across the Board •    Pound: Trade Deficit Widens as Imports Jump •    Euro: President Trichet Heads to EU Summit Ahead of Schedule •    US Dollar: Wholesale Inventories, IBD/TIPP Economic Optimism on Tap British Pound Gives

$70b Chinese coal deal in doubt

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It remains unclear whether or not a Queensland coal company has actually signed Australia's largest export deal with China. Last weekend billionaire businessman Clive Palmer and Queensland Premier Anna Bligh announced a $70 billion deal with China. But on Tuesday the Chinese
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Euro Up on Hopes For EU Summit

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Top Stories Euro rallies on hopes for EU summit on Thursday Asian equities slightly lower but Europe up on summit hopes Oil at $72.40/bbl Gold holds steady at $1068/oz. Overnight Eco JPY Prelim Machine Tool Orders up 192% EUR German Final CPI -0.6% as expected EUR
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Korean Won Paces Asian Currency Gains; Taiwan Dollar Advances

By Bloomberg News Investor appetite for emerging-market assets picked up after a European Central Bank spokeswoman said President Jean- Claude Trichet will leave a meeting early in Sydney to attend a meeting of euro nation chiefs on Feb. 11. The MSCI Asia-Pacific Index reversed a loss

$US60b coal claim was estimate: Palmer

Queensland billionaire Clive Palmer has backed down from claims he signed a $US60 billion ($A69.38 billion) export coal contract with a Chinese group , saying the price was only an estimate. At a media conference with Queensland Premier Anna Bligh on Saturday, Professor Palmer had

$US60b coal claim was estimate: Palmer

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AAP Queensland billionaire Clive Palmer has backed down from claims he signed a $US60 billion ($A69.38 billion) export coal contract with a Chinese group, saying the price was only an estimate. The chairman of Resourcehouse Ltd also admitted on Tuesday he named the wrong Chinese
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China’s Loan Growth, Inflation Probably Accelerated (Update2)

New bank lending totaled 1.38 trillion yuan ($201 billion) last month, according to the median estimate of 16 economists in a Bloomberg News survey ahead of a government report scheduled for this week. Separate figures are projected to show consumer prices rose the most since 2008 and

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