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Swan pays tribute to Costello and Howard for economic reforms

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Unlikely praise ... Janette and John Howard. Photo: Wolter Peeters THE federal Treasurer, Wayne Swan, set aside party politics last night to pay tribute to his Coalition predecessor Peter Costello. Speaking to the central bankers gathered to commemorate the Reserve Bank's 50th
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G-7 Pledges Action to Force Banks to ‘Bear the Cost’ of Failure - Bloomberg.com

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Without giving details of how the plans will work, the ministers said the world’s most advanced economies should adopt common rules as long as other major countries also agree. Earlier today, a British official, speaking on condition of anonymity, said the G-7 is moving closer to an agreement
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G-7 Vows to Keep Stimulus at Arctic Talks Even as Deficits Rise

“We all committed to maintaining the support for our economies until we make sure we have the recovery established,” U.K. Chancellor of the Exchequer Alistair Darling told reporters today after a meeting of G-7 counterparts and central bankers in Iqaluit, Canada. Governments face a

G-7 Vows to Keep Stimulus at Arctic Talks Even as Deficits Rise - Bloomberg.com

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“We all committed to maintaining the support for our economies until we make sure we have the recovery established,” U.K. Chancellor of the Exchequer Alistair Darling told reporters today after a meeting of G-7 counterparts and central bankers in Iqaluit, Canada. Governments face a
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China to Prevent Yuan From Strengthening This Year, Fukoku Says

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Feb. 5 (Bloomberg) -- China is likely to prevent its currency from strengthening against the dollar this year to help its exporters weather the weakness in global demand, according to Fukoku Capital Management Inc. China’s policy makers have limited gains in the yuan since July 2008 as
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Indian growth "good for Aussie exports"

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AAP Australian mineral exporters are likely to continue to benefit as India's economy grows in importance, the Reserve Bank of Australia (RBA) has suggested. The central bank says the Indian economy has gradually strengthened over the past two decades and the Asian nation should
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Indian growth a boon for Australian exporters - RBA

The central bank says the Indian economy has gradually strengthened over the past two decades and the Asian nation should continue to improve in the years ahead. "The Indian economy looks likely to continue to expand at a relative rapid pace in coming decades and to become an

CMA keeps friends close and directors even closer

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CMA has a cunning plan, to move into the US with the help of German recycler Scholz, and two new board members. SHAREHOLDERS in recycling group CMA Corporation could be forgiven for thinking their company had been taken over by stealth, without them being paid a premium for
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News in Pandora box seat

February 4, 2010 The head of the global media empire yesterday praised director James Cameron's high-grossing epic 3D film Avatar as the most successful in film history. The Oscar-nominated Avatar has enjoyed record box office success since its release in December, taking in about

Asian Stocks Gain for Second Day on U.S. Homes, Commodities - Bloomberg.com

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Canon Inc., a camera maker that earns 28 percent of its revenue in the Americas, climbed 2.5 percent in Tokyo. Nissan Motor Co. , which derives more than a third of its revenue from North America, gained 2.1 percent after saying vehicle sales in the U.S. rose 16 percent in January. BHP
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