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document.write('<p class="rss-title"><a class="rss-title" href="http://www.straitstimes.com" target="_self">Straits Times Interactive - MONEY</a><br /><span class="rss-item">The Straits Times Interactive - Singapore news. Find the latest news reports here.</span></p>');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575528.html" title="KUALA LUMPUR - MALAYSIA auto player Naza said on Monday it plans to tie up with US giant General Motors to assemble Chevrolet cars in Malaysia, and could export the vehicles to other Southeast Asian markets...." target="_self">GM Chevrolet models in M\'sia?</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 13:11 GMT</span><br />');
document.write('KUALA LUMPUR - MALAYSIA auto player Naza said on Monday it plans to tie up with US giant General Motors to assemble Chevrolet cars in Malaysia, and could export the vehicles to other Southeast Asian markets.');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575526.html" title="LONDON - BRITISH Airways and Iberia have identified 12 airlines as potential takeover targets once their own tie-up is finalised, as they bid to create the world\'s biggest carrier, newspapers reported on Monday...." target="_self">BA-Iberia target 12 other airlines</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 12:54 GMT</span><br />');
document.write('LONDON - BRITISH Airways and Iberia have identified 12 airlines as potential takeover targets once their own tie-up is finalised, as they bid to create the world\'s biggest carrier, newspapers reported on Monday.');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575517.html" title="NEW DELHI - INDIA said on Monday it aims to sell stakes in two more state-run energy firms as part of its plans to speed reforms and raise funds to combat poverty...." target="_self">India to sell stakes in energy firms</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 12:48 GMT</span><br />');
document.write('NEW DELHI - INDIA said on Monday it aims to sell stakes in two more state-run energy firms as part of its plans to speed reforms and raise funds to combat poverty.');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575468.html" title=" TAIPEI - US INSURANCE giant American International Group has signalled it wants to end the sale of its Taiwan unit to a Hong Kong consortium after the deal failed to get the Taiwanese government\'s approval. Taiwan\'s Investment Commission late last mont..." target="_self">AIG wants end of Taiwan deal</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 10:43 GMT</span><br />');
document.write(' TAIPEI - US INSURANCE giant American International Group has signalled it wants to end the sale of its Taiwan unit to a Hong Kong consortium after the deal failed to get the Taiwanese government\'s approval. Taiwan\'s Investment Commission late last month rejected the application for the acquisition of Nan Shan Life Insurance Co by Hong Kong-listed China Strategic Holdings and its partner Primus Financial Holdings. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575380.html" title="TOKYOJapanese shares closed 2.05 per cent higher on Monday, tracking a rally on Wall Street as better-than-expected jobs data increased optimism for the prospects of the US economy, brokers said.The Nikkei index of the Tokyo Stock Exchange added 187.19 po..." target="_self">Asian stocks mixed at closing</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 09:56 GMT</span><br />');
document.write('TOKYOJapanese shares closed 2.05 per cent higher on Monday, tracking a rally on Wall Street as better-than-expected jobs data increased optimism for the prospects of the US economy, brokers said.The Nikkei index of the Tokyo Stock Exchange added 187.19 points to 9,301.32. The Topix index of all first section shares rose 1.82 per cent or 15.01 points to 838.71. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575385.html" title="SINGAPORE stocks closed 1.07 per cent higher on Monday. With the benchmark Straits Times Index at 3034.58, up 1.07 per cent, or 32.02 points.About 1.9b exchanged hands...." target="_self">STI closes 1.07% higher</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 09:34 GMT</span><br />');
document.write('SINGAPORE stocks closed 1.07 per cent higher on Monday. With the benchmark Straits Times Index at 3034.58, up 1.07 per cent, or 32.02 points.About 1.9b exchanged hands.');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575450.html" title=" KUALA LUMPUR - MALAYSIA\'S once-vaunted biofuel industry has seen production grind to a halt since a March announcement that the government\'s mandatory switch to the green energy will be delayed to June 2011. Malaysia had ambitions to become a global le..." target="_self">M\'sia\'s biofuel demand dries up</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 08:58 GMT</span><br />');
document.write(' KUALA LUMPUR - MALAYSIA\'S once-vaunted biofuel industry has seen production grind to a halt since a March announcement that the government\'s mandatory switch to the green energy will be delayed to June 2011. Malaysia had ambitions to become a global leader in biodiesel and unveiled grand plans for the industry as the price of crude oil spiralled, peaking in mid-2008. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575425.html" title=" SINGAPORE - STOCKS in Asia advanced Monday following solid gains in the US as fears eased that the global economy could slip back into recession. Most investors took heart after the US Labor Department on Friday said private employers added 67,000 jobs i..." target="_self">Asian markets climb</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 06:22 GMT</span><br />');
document.write(' SINGAPORE - STOCKS in Asia advanced Monday following solid gains in the US as fears eased that the global economy could slip back into recession. Most investors took heart after the US Labor Department on Friday said private employers added 67,000 jobs in August, more than analysts expected. However, the jobless rate rose to 9.6 per cent from 9.5 per cent in July. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575410.html" title="BEIJING - CHINA has vowed to make it easier to import goods into its huge market as Beijing seeks to address controversial trade surpluses with its trading partners, a report said on Monday. Beijing will \'loosen its regulation of imports, cut import cost..." target="_self">China vows to boost imports</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 04:19 GMT</span><br />');
document.write('BEIJING - CHINA has vowed to make it easier to import goods into its huge market as Beijing seeks to address controversial trade surpluses with its trading partners, a report said on Monday. Beijing will \'loosen its regulation of imports, cut import costs and make import financing easier for domestic companies,\' among other measures, said Chong Quan, a top trade official, according to Dow Jones Newswires. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575406.html" title="WASHINGTON - PRESIDENT Barack Obama will call for a US$100 billion (S$134 billion) business tax credit this week to boost the sagging US economic recovery, The Washington Post reported late Sunday. Mr Obama will use a speech in Cleveland on Wednesday to l..." target="_self">US$100b tax credit planned</a><br />');
document.write('<span class="rss-date">published on 6 Sep 2010 04:07 GMT</span><br />');
document.write('WASHINGTON - PRESIDENT Barack Obama will call for a US$100 billion (S$134 billion) business tax credit this week to boost the sagging US economic recovery, The Washington Post reported late Sunday. Mr Obama will use a speech in Cleveland on Wednesday to launch what administration officials said was a new policy push, it said. The proposal would increase and permanently extend research and development tax credits for businesses, rewarding companies that develop new technologies domestically and preserve American jobs, the report said. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575371.html" title="LONDON - BRITISH fund management firm City Financial said on Monday it has launched an Asian fund of hedge funds in a move designed to tap into the rapid development of the hedge fund industry in the region. The City Financial Asian Absolute Growth Fund, ..." target="_self">UK manager launches Asian fund</a><br />');
document.write('<span class="rss-date">published on 5 Sep 2010 23:45 GMT</span><br />');
document.write('LONDON - BRITISH fund management firm City Financial said on Monday it has launched an Asian fund of hedge funds in a move designed to tap into the rapid development of the hedge fund industry in the region. The City Financial Asian Absolute Growth Fund, a fund of hedge funds primarily targeting institutional investors, is aimed at capitalising \'on the strong maturation of the Asian hedge fund markets\', the company said. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575357.html" title="LONDON - DEBT levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said. Household and corporate debt soared in many countries prior to the recent global financ..." target="_self">Debt levels should fall: BIS</a><br />');
document.write('<span class="rss-date">published on 5 Sep 2010 22:42 GMT</span><br />');
document.write('LONDON - DEBT levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said. Household and corporate debt soared in many countries prior to the recent global financial crisis, but a report published on Sunday by the Bank for International Settlements (BIS) showed that in almost all past crises the debt increase was reversed once trouble fades. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575355.html" title="NEW YORK - ORACLE Corp has offered a job to Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal involving inaccurate expense receipts related to a female contractor, according to a source familiar with the situation. Th..." target="_self">Hurd may move to Oracle</a><br />');
document.write('<span class="rss-date">published on 5 Sep 2010 22:38 GMT</span><br />');
document.write('NEW YORK - ORACLE Corp has offered a job to Mark Hurd, the former chief executive of Hewlett-Packard Co who resigned amid a scandal involving inaccurate expense receipts related to a female contractor, according to a source familiar with the situation. The source said a final decision has not yet been made. Oracle was not immediately available for a comment. ');
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document.write('<li class="rss-item"><a class="rss-item" href="http://www.straitstimes.com/BreakingNews/Money/Story/STIStory_575354.html" title="NEW YORK - THE chairman of Foxconn Technology Group cut by half his long-term growth target for the big Taiwan-based device maker, according to the Sept 10 issue of Bloomberg Businessweek. In an interview published online, Terry Gou, chairman of the compa..." target="_self">Foxconn cuts growth forecast</a><br />');
document.write('<span class="rss-date">published on 5 Sep 2010 22:37 GMT</span><br />');
document.write('NEW YORK - THE chairman of Foxconn Technology Group cut by half his long-term growth target for the big Taiwan-based device maker, according to the Sept 10 issue of Bloomberg Businessweek. In an interview published online, Terry Gou, chairman of the company\'s flagship Hon Hai Precision Industry Co Ltd, said he lowered Foxconn\'s annual sales growth target to 15 per cent from the previous and long-standing 30 per cent target. ');
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