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  • Reforms enhance pensions role in emerging markets

    Central and Eastern Europe (CEE) and Asia have undertaken far more extensive and fundamental pension reforms than those in Western industrialised countries, according to a new report from Allianz Global Investors ...

  • Emerging markets are ‘a victim of their own success’ - EXCLUSIVE

    Emerging markets have suffered from ';indiscriminate selling';, as a result of a reduction in investor appetite for risk and are ';a victim of their own success'; according to Nomura. The global investment management firm says that emerging market asset allocations have been sold off aggressively in recent months ';as a result of investors in developed nations ...

  • SA to represent Africa at emerging markets

    The recent invitation to South Africa to join the BRIC group of emerging economies comprising Brazil, Russia, India and China is to "offer opportunities for Africa to strengthen ties with the ...

  • China allocates 27 bln yuan from land sales for water conservation

    BEIJING, April 14 (Xinhua) -- China used 27 billion yuan (4.29 billion U.S. dollars) from land sales to build farmland water conservation projects in 2011, the Ministry of Water Resources said Saturday.Local authorities must set aside 10 percent of their revenues accrued from land sales for farmland water conservation projects, according to the central government's No. 1 document issued at ...

  • Chinas yuan hits record high of 6.4470 against USD Tuesday

    The Chinese currency Renminbi, or the yuan, gained 33 basis points to 6.4470 per U.S. dollar on Tuesday, the highest since China started the exchange rate reform six years ago, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the central parity rate each trading day. The central parity ...

Movie Review

Carnival of Souls [DVD]

Carnival of Souls [DVD]

Television and the cinema have long had a strange, antagonistic relationship. When first introduced in the late 1940s, television posed a major threat to the monopoly the movies held on mass entertainment. Thus, the movies felt forced to evolve, which resulted in technological developments such as stereo sound, Cinemascope wide-screens, and gimmicks like 3-D. ...

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  • China stocks plunge on US debt train crash

    Chinese stocks tumbled Monday as investors sold off holdings increasingly worried about a possible default of government debt by the United States which is to bring the global economy back to a serious slowdown. Also, railway shares plunged after the weekend deadly high-speed train wrecking accident in East China's Zhejiang Province which has killed at least 36 people and injured more than ...

  • Chinas bank card transactions exceed 100t yuan

    BEIJING - China's bank card transactions in the first quarter totaled 100.27 trillion yuan ($16.21 trillion), up 19.34 percent from the same period last year, the country's central bank said on Friday. A total of 10.63 billion transactions were made during the January-March period and the value for the first time exceeded 100 trillion yuan in one quarter, the ...

  • Stocks to Watch Stocks to watch Tiffany United Natural Foods

    SAN FRANCISCO (MarketWatch) -- Tiffany & Co. and United Natural Foods will be among the stocks to watch Tuesday after the three-day holiday ...

  • EMERGING MARKETS-Latam stocks unchanged despite China Fed worries

    * Concerns over Chinese economic growth, Fed stimulus weigh * Brazil Bovespa, Mexico IPC flat; Chile IPSA down 0.94 pct By Asher Levine SAO PAULO, May 24 (Reuters) - Latin American stocks were largely flat on Friday despite concerns over weak economic growth in China and a possible winding down of the U.S. Federal Reserve Bank's asset-buying program. Latin American markets also suffered this ...

  • Google pursuing broad wireless project for emerging markets report says

    Google has reportedly launched an expansive effort to bring wireless networks and affordable computing to emerging markets such as sub-Saharan Africa and Southeast Asia, moves that could bring the Internet to a further billion people.The wireless networks would be introduced outside the major cities, where wired connections are not possible, but could also be used to help make the Internet ...

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