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US Federal Reserve chairman Alan Greenspan and Treasury secretary John Snow made headlines in the Chinese media last week when both warned against slapping tariffs on imports from China - something the Chinese wanted to hear.
Manufacturing activity in Japan expanded at the fastest pace in 18 months in November as robust demand at home, especially for cars, offset a lukewarm rise in orders from overseas, a survey showed yesterday.
SOME 15 government-linked companies (GLCs) announced some of their key performance indicators or KPIs last week. C.S. Tan in this column Between the Lines comments on it.
WASHINGTON (AP) - The U.S. economy appears to be shifting into a lower gear with residential construction falling sharply and manufacturing activity slowing. The big question: Will the slowdown come in time to keep inflation from heating up?