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Japan unveils $110 bn plan to fund Asia infrastructure, eye on AIIB Japan unveils $110 bn plan to fund Asia infrastructure, eye on AIIB Japanese officials said the plan, announced by Prime Minister Shinzo Abe at a symposium of Asian officials and experts, represents a 30 percent increase over Tokyo`s past infrastructure funding.
IMF sees less pessimistic outlook for Russian economy IMF sees less pessimistic outlook for Russian economy The International Monetary Fund on Thursday announced a less pessimistic forecast for Russia`s economy, predicting no more than 3.4 percent contraction in 2015 and emergence from recession in 2016.
ECB sees no need to start tapering QE, minutes show ECB sees no need to start tapering QE, minutes show The European Central Bank revealed Thursday that its governing council believes its contested bond purchase programme is working and there is no talk of scaling it back just yet.
China, India, Russia to be top 3 shareholders of AIIB: Expert China, India, Russia to be top 3 shareholders of AIIB: Expert China will be the largest shareholder in the newly floated Asia Infrastructure Investment Bank (AIIB) with a 30.85 percent stake followed by India and Russia, Chinese officials have said.
Japan unveils $110 billion plan to fund Asia infrastructure, eye on AIIB Japan unveils $110 billion plan to fund Asia infrastructure, eye on AIIB Japan unveiled a plan on Thursday to provide $110 billion in aid for Asian infrastructure projects, as China prepares to launch a new institutional lender that is seen as encroaching on the regional financial clout of Tokyo and its ally Washington.
British retail sales jump in April: Official data British retail sales jump in April: Official data British retail sales rose far stronger than expected in April from the previous month, official data showed on Thursday, with customers profiting from falling prices.
eBay to roll out Amazon Prime-like service in Germany: Report eBay to roll out Amazon Prime-like service in Germany: Report It is not yet clear if eBay plans to take this shipping service in countries outside Germany.
Samsung Elec says halts TV production in Thailand Samsung Elec says halts TV production in Thailand South Korea`s Samsung Electronics Co Ltd, the world`s top television maker, on Thursday said it stopped TV production in Thailand in the first quarter to streamline its global manufacturing footprint.
Alibaba-backed Baozun prices $110 mn US IPO, below expectations Alibaba-backed Baozun prices $110 mn US IPO, below expectations Chinese e-commerce company Baozun Inc, backed by Alibaba Group Holding Ltd, raised $110 million in a U.S. share offering, less than investors had initially expected, after pricing the deal below its own indicative range.
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