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Commodities slump on weak China data
Gold prices tumbled to a two-year low and crude oil slumped to a nine-month trough this week, as commodity markets were rocked by weaker-than-expected first-quarter economic growth in key consumer China. ... more
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Yahoo China to end email service: media
Yahoo's China arm will shut down its email service later this year, state media reported Friday, illustrating the brand's diminishing profile in the country. ... more
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Volvo Cars to post big Chinese losses for 2012: report
Volvo Cars, owned by the Chinese auto maker Geely, is expected to post heavy losses in 2012 in China where sales were weaker than expected while investments were substantial, daily Svenska Dagbladet reported Thursday. ... more
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Luxury car makers seek success in China
Construction tycoon Niu Yeqing owns four cars in which he cruises the streets of the Chinese city of Hefei, including a black Mercedes-Benz S600. His wife favours a burgundy red Porsche. ... more
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