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ABUJA: Nigeria said China Civil Engineering Corp. will build a US$5.8bil hydro-power station in the country’s eastern Mambila region with a capacity to generate 3,050 megawatts (MW).
BERLIN: Chancellor Angela Merkel said the rising euro is almost certain to have an impact on exports and that she’s not too concerned about Germany’s trade surplus with other countries.
MUMBAI: Indians have deposited nearly all the currency bills voided by Prime Minister Narendra Modi, denting the central bank’s profit and dealing a blow to his drive to unearth unaccounted wealth.
ONE striking aspect of what has been written about the Malaysian economy in recent years is the extent to which assessments have been coloured by a small number of (admittedly major) controversies.
SHANGHAI: China and Hong Kong stocks started the month on a firm note, with risk appetites boosted by strong Chinese factory activity in August and expectations the market will remain bullish in the lead-up to a key Communist Party congress in mid-October.