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COPYRIGHT 2005 Asia Pulse Pty Ltd
An executive briefing on the economies of Asia for Oct 31, 2005, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia based wire with exclusive news, commercial intelligence and business opportunities.
INTEREST RATE RISE UNLIKELY IN AUSTRALIA THIS MONTH
CANBERRA - Members of the Reserve Bank board are set to discard an interest rate rise and focus their attention on the Melbourne Cup form guide when they meet tomorrow.
Despite inflation hitting the top of the bank's two per cent to three per cent range, the board is expected to devote plenty of discussion to the merits of Makybe Diva and her chances of a record third Melbourne Cup.
CHINA SEES US$8.9 BLN OF EXPORTS INVOLVED IN TRADE DISPUTES
GUANGZHOU - In the first three quarters of this year, the volume of Chinese exports involved in foreign trade disputes totaled US$8.9 billion, according to China's Foreign Trade Report (fall, 2005) released on Friday by the Ministry of Commerce,
S. KOREAN ECONOMY ON RECOVERY TRACK: FINANCE MINISTER
SEOUL - South Korea's economy is on a recovery track after a two-year slump, the country's finance minister said Monday.
"The first half was sluggish, but the economy is on a way to continuous recovery," Han Duck-soo said in a luncheon meeting with foreign correspondents here.
CHINA'S DIRECT OSEAS INVESTMENT SET TO TOP US$60 BLN IN FIVE YRS
BEIJING - China's direct overseas investmentis estimated to total over US$60 billion in five years, said sources with the Ministry of Commerce (MOFCOM).
China had...
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