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Australia to buy Chinese government debt

 The Australian central bank plans to invest about 5 per cent of its foreign reserves in Chinese government bonds, in the latest move to build closer economic ties between the two countries.

 

China cuts fuel prices amid weaker demand

 China's top economic planner announced Wednesday it will lower fuel prices due to declines in global oil prices, a move that will help control inflation levels in the world's second-la [ … ]

   

South Korea growth at two-year high

South Korea's growth rate hit a two-year high in the first three months of the year, boosted by a rebound in construction, investment and exports.

   

Tighter rules for mortgage lending agreed by EU

New rules will mean that borrowers across the European Union (EU) will be refused a mortgage if they fail a standard affordability assessment.

   

China manufacturing activity growth slows in April

Growth in China's manufacturing sector slowed in April, a survey by HSBC has indicated, adding to concerns about the country's economic recovery.

   

Dreamliner: Boeing 'may never find battery fault cause'

Boeing has admitted that it may never know what caused the battery malfunctions that resulted in all its 787 Dreamliner aircraft being grounded.

   

Spain's population shrinks as immigrants flee economic crisis

Spain's population fell last year for the first time in decades, as immigrants left the country amid a major economic crisis, officials say.

   

UK to sell stake in Urenco nuclear fuel firm

The UK government is preparing to sell its one-third stake in Urenco, the world's second-largest provider of nuclear fuel.

   

British Airways places order for 18 Airbus A350s

British Airways has ordered 18 new Airbus A350 aircraft in a deal worth $6bn (£3.9bn).

   

Google boss defends UK tax record to BBC

Google's executive chairman, Eric Schmidt, has defended his company paying just £6m in UK corporation tax.

   

Pret A Manger plans 500 new UK jobs as profits rise

Sandwich chain Pret A Manger has said it plans to create at least 500 new jobs in the UK this year, as part of a plan to add 1,000 new staff worldwide.

   

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