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Posts Tagged ‘Economy’

Japan liberalizes ban on arms export

December 27, 2011 by Real Estate Investor Comments Off
AHN News Staff

Tokyo, Japan (AHN) – In an attempt to reduce spending on national defense and strengthen domestic arms industry, Japan on Tuesday eased self-imposed arms exports ban.

The liberalization will allow hundreds of Japanese companies to take part in multinational projects of developing weapons for the first time in several decades.

“Under the new standards, Japan will be able to transport military equipment for missions of peace-building and international cooperation,” Foreign Minister Koichiro Gemba told reporters.

“This will mean that Japan can now address international peace cooperation and global challenges such as terrorism and piracy more proactively and effectively,” he added.

Article © AHN – All Rights Reserved

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Asian Stocks Post First Gain in Eight Weeks on Europe Optimism

June 25, 2011 by Real Estate Investor Comments Off

Asian stocks climbed, driving the region’s key benchmark index to its first advance in eight weeks, as concern Europe’s debt crisis will hurt earnings of exporters and banks eased and the Federal Reserve said it is prepared to provide further stimulus to the U.S. economy if needed.

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Fiat 500 given ‘coolest’ car title

June 24, 2011 by Real Estate Investor Comments Off
Ayinde O. Chase – AHN News Staff

Auburn Hills, MI, United States (AHN) – The 2012 Fiat 500 has hit the roads in the United States and has just as quickly garnered the titled Coolest New Car Under $18,000.

This year, Kelley Blue Book’s kbb.com editors decided to rank their Top 10 choices from 10 to 1, and they rated the 2012 Fiat 500 as the No. 1 pick on their “Cool Cars” list. The fun ride can be customized in more than a half-million ways to stylize and personalize.

Kbb.com said of the Fiat 500, “Regardless of what the Hello Kitty mafia would like to believe, cute isn’t cool. Not usually, anyway. But that’s because cute is rarely backed up by substance, as it is in the 2012 Fiat 500.”

The car is Fiat’s first U.S. offering in 28 years.

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Turkey Takes New Measures Against Banks to Curb Loan Growth

June 19, 2011 by Real Estate Investor Comments Off

Turkey’s banking regulator increased costs for banks that exceed a new limit for consumer lending, the latest in a series of steps designed to slow loan growth and rein in a booming economy.

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Manufacturer for Publix Brand Caesar Salad Dressing Issues an Allergen Alert for Undeclared Fish, Soy and Gluten

June 18, 2011 by Real Estate Investor Comments Off

Marlborough, MA, United States (AHN) – The manufacturer of Publix Caesar Salad Dressing, Ken’s Foods, Inc. is recalling a limited number of 16oz Publix Caesar Salad Dressing bottles because it may contain undeclared fish, gluten and soy allergens. People who have an allergy or severe sensitivity to fish, soy and gluten run the risk of serious or life-threatening allergic reaction if they consume these products.

The dressing is 16oz. Publix Caesar Salad Dressing with an expiration date of 31MAR12 A. Bottles labeled correctly will have a UPC#4141500730. The product may have the incorrect ingredient statement for “Buttermilk Ranch” dressing. This dressing was distributed to Publix stores in Florida, Georgia, Tennessee, Alabama and South Carolina.

The recall was initiated after it was discovered a portion of the run contains an incorrect back panel label. This label does not list the presence of fish, gluten and soy.

As of this date, there have been no adverse reaction complaints reported relating to this recall.

As part of Publix commitment to food safety, they are asking customers to return the product to the place where it was purchased for a full refund or replacement. Consumers with questions may contact Publix at 1-800-242-1227, Monday through Friday 8:00am – 5:00pm EST.

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China’s Lending Is Below Analyst Estimates as Economy Cools

June 13, 2011 by Real Estate Investor Comments Off

China’s lending was less than analysts forecast in May and money supply grew at the slowest pace since 2008, adding to signs that the world’s second-biggest economy is cooling.

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China Economy at Risk of ‘Hard Landing’ After 2013, Roubini Says

June 12, 2011 by Real Estate Investor Comments Off

China’s economy is at risk of a “hard landing” after 2013 as efforts to spur growth through investment cause excess capacity, said Nouriel Roubini, the New York University professor who predicted the financial crisis.

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More woes on Wall Street

June 9, 2011 by Real Estate Investor Comments Off

The S&P 500 market index has suffered its longest losing steak since February 2009 as investors fret about the economy.

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Asian Stocks Swing Between Gains and Losses as on U.S. Economy

May 30, 2011 by Real Estate Investor Comments Off

Asian stocks swung between gains and losses after reports showed consumer spending in the U.S. increased less than economists’ estimates and sales of previously owned homes fell. Newcrest Mining Ltd. gained as gold prices rose.

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Most Asian Stocks Decline as Exporters Drop on U.S. Economy

May 27, 2011 by Real Estate Investor Comments Off

Most Asian stocks dropped, with the regional benchmark index set for its longest streak of weekly losses in two years, after reports showed the U.S. economy grew at a slower rate than forecast and jobless claims unexpectedly rose, reducing the earnings outlook for Asian exporters.

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