South Korean stocks rose 0.57 percent Friday as investors were buoyed by the government’s economic stimulus plan, including a possible extra budget, analysts said. The local currency inched up against the U.S. dollar.
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Stocks
Boeing stocks rose 3percent after 2 hour test flight
- Tuesday, 26 March 2013 07:45
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A Boeing 787 with a redesigned battery system made a 2-hour test flight on Monday, and the company said the event "went according to plan."
Cyprus launches banking overhaul as meltdown looms
- Friday, 22 March 2013 10:21
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Cyprus is scrambling to overhaul its banking sector to avoid financial meltdown, after the European Central Bank threatened to pull the plug on emergency funding for the island's lenders, AFP reports.
Kazakhmys loses positions in London
- Tuesday, 12 March 2013 12:47
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Kazakhmys group will be excluded from FTSE-100 and moved to FTSE-250 index, KazTAG reports citing Halyk Finance.
Asian markets mostly down, weak China data
- Friday, 01 March 2013 14:52
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Asian markets were mostly lower on Friday as traders took a breather after healthy gains in the previous session while Chinese data showed growth in manufacturing activity had slowed, AFP reports.
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