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Scaling
the wall: Dragon scores over Asian tigers
Beijing: China said on Wednesday its economy grew
an above-target 7.9 per cent in the first nine months
thanks to strong exports and state spending, but deflation,
unemployment and global uncertainty are causes for concern.
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Fed
says US economy still in good shape
New York: Policymakers at the Federal Reserve said
on Tuesday that the low level of interest rates is supporting
US economic growth, and the risk of falling back into
recession is slim.
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Global
economy may be up for revival: BoE
London: Bank of England governor Sir Edward George
said on Wednesday that the global economy may finally
be picking up.
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IBM
Q3 net slips 18%, at $1.3 bn
New York: International Business Machines has said
that its net profit in the third quarter slipped 17.7
per cent from a year earlier to $1.31 billion.
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