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Top banker warns over Indian 'exuberance'

One of India's most influential bankers has cautioned against the "exuberance" fuelling overseas acquisitions by its companies, and has said that prosperity for the country's financial sector lay in domestic opportunities

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Confusion over UK rules on shorting

Rules introduced by the UK's financial watchdog that force hedge funds to disclose short positions in companies holding rights issues have caused confusion among investors.

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Brown warning over rush to biofuels

The British premier will today use an expert study by a UK scientist to warn other world leaders that a rush to increase biofuel use could exacerbate rising food prices

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Tsvangirai rejects talks with Mbeki

Efforts to end the crisis in Zimbabwe suffered further blows as the opposition leader spurned mediation talks and the government stepped up intimidation of opponents

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Rich set to get richer when markets improve

THE rich and super rich will increase their share of the world's wealth when markets eventually turn upwards.

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Drug groups prescribe for future growth

Nearly a quarter of the world's leading pharmaceutical companies consider that diversifying away from selling medicines while expanding sales in emerging markets are the most promising ways to sustain growth, a survey has found

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China and India knock on G8's door

To many observers, a club of the world's leading nations is starting to look hollow without China, the fourth-largest economy in dollar terms, according to the World Bank

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Leaders turn up in full force for G-8 summit

THE G-8 summit which begins today in a tiny lakeside resort in northern Japan's Hokkaido prefecture will be a 'mega' meeting in every sense of the word.

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A culture of price-fixing in airline industry

(SINGAPORE) Last month's agreement by Cathay Pacific and three other airlines to plead guilty and pay more than half a billion dollars in criminal fines has shed light on industry price-fixing, analysts say.

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Airlines shed weight to boost fuel efficiency as oil prices soar

(TOKYO) Next time you take to the skies you may find there are fewer pages in your in-flight magazine, your fork is slimmer and your plate feels different. Blame it on soaring oil prices.

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Air France in talks to start rail service

(PARIS) With the high price of fuel raising the cost of flying, Air France is looking into replacing some of its short-haul European flights with high-speed rail service in partnership with a French train operator, a move that analysts said could lead to significant savings.

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Entertainment & media face dramatic changes: PwC

SINGAPORE entertainment and media (E&M) companies hoping to drive growth over the next five years will need to accommodate dramatic changes in devices, market and consumer behaviour by sewing up strategic business alliances, according to a new study by PricewaterhouseCoopers (PwC).

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S'pore can become video game hub: top educator

SINGAPORE can become a leading game development nation, thanks to strong government initiatives, a rigorous education system and rich imagination of youths here, says Claude Comair, founder and president of DigiPen Institute of Technology.

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Website offers ERP rates at click of a mouse

AS motorists try to figure out how much more ERP (electronic road pricing) charges they will have to pay from today, one enterprising Singaporean start-up company, PortalOne Pte Ltd, has compiled all the information, superimposed on interactive street maps, on its oneshift.com webpage.

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One in four Asian banks hit by phishing attempts

MORE than 25 per cent of banks in the Asia-Pacific region have been hit by phishing attempts over the last 12 months, a study by security software specialist ReadiMinds reveals.