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Business
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EU urges greater China effort on product safety
The European Union's top consumer protection official on Monday urged China to move more aggressively against the makers of dangerous goods that have raised global fears over Chinese-made products.
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Intel to tap India's rural heartland
Intel marketing veteran John McClure likes to tell the story of an unschooled Indian farmer who wanted to catch and store rain to water his crops but didn't know how to go about it.
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US downplays trade deal with Asean
The United States is not ruling out a free-trade agreement (FTA) with Southeast Asia but it is too early to discuss the issue, Trade Representative Susan Schwab said in remarks published Monday.
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Toyota, Mazda, Honda set to resume output
Carmakers Mazda and Honda and more than half of Toyota's shuttered assembly lines will restart at least some production over the next two days because a key parts supplier damaged by a major earthquake
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US gives up hope for Thai trade deal
The United States has given up hopes of a free-trade agreement (FTA) with Thailand because of the political situation since last year's coup, a US official told a Singapore newspaper.
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Brown rules out joining euro soon
British Prime Minister Gordon Brown on Monday again ruled out joining the euro in the near future, while calling on the European Union to look outwards, not inwards.
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Laos tries to stabilise exchange rates
The Bank of the Lao PDR, the central bank of Laos, is trying to stabilise the exchange rate in the country as much as possible, hoping for a rate fluctuation this year of no more than 5 percent.
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China's cotton sales up 48.4pc
The China National Cotton Reserves Corporation (CNCRC) said Monday that China's cotton sales had jumped to 6.05 million tons by July 18 up 48.4 percent from the same period last year.
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Dollar hits new record low against euro
The dollar touched a fresh record low against the euro in Asian trade Monday, hit by jitters about US housing market problems and heavy falls on Wall Street at the end of last week, dealers said.
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German growth slows in Q2
Growth of the German economy, the biggest in the 13-country eurozone, slowed in the second quarter because of a slight lull in the construction sector, the Bundesbank said in its monthly report on Monday.
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