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World Business News
ASIA LOCAL BONDS-Thai bond yields rise after tepid cbank auction
Reuters - Wednesday, November 25
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Turkish bourse says trading to resume at 0855 GMT
Reuters - Wednesday, November 25ISTANBUL, Nov 24 (Reuters) - Trading on the Istanbul Stock Exchange will resume at 10:55 a.m. (0855 GMT) on Tuesday after it was suspended at 10:15 a.m. due to technical problems, the exchange said in a statement.
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WRAPUP 1-Obama to announce Afghanistan decision within days
Reuters - Wednesday, November 25(For more on Afghanistan, click on [nAFPAK])
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Taiwan's Quanta revises upward Q1 f'cast -paper
Reuters - Wednesday, November 25TAIPEI, Nov 24 (Reuters) - Quanta <2382.TW>, the world's largest contract laptop maker, expects PC shipments in the first quarter of 2010 to fall less than previously projected, local media reported on Tuesday.
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Turkish assets weaken,Dogan begins tax-fine talks
Reuters - Wednesday, November 25* Turkish stocks, bonds, lira fall
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NEW ISSUE-Bank of India to sell 3.25 bln rupees of bonds
Reuters - Wednesday, November 25MUMBAI, Nov 24 (Reuters) - Bank of India will start selling 3.25 billion rupees of perpetual bonds on Wednesday, two sources with knowledge of the matter said on Tuesday.
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NEW ISSUE-State Bank of Mysore sells 1 bln rupees of bonds
Reuters - Wednesday, November 25MUMBAI, Nov 24 (Reuters) - State Bank of Mysore has raised 1 billion rupees via perpetual bonds, two sources with knowledge of the matter said on Tuesday.
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DEALTALK-BHP share buyback hinges on fate of Rio Tinto jv
Reuters - Wednesday, November 25* Has capacity to return billions in share buyback
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NEW ISSUE-Punjab National Bank selling 7 bln rupees bonds
Reuters - Wednesday, November 25MUMBAI, Nov 24 (Reuters) - Punjab National Bank <PNBK.BO> is selling a total 7 billion rupees of upper Tier-II and perpetual bonds, two sources with knowledge of the matter said on Tuesday.
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Frutarom Q3 net profit up, sees return to growth
Reuters - Wednesday, November 25TEL AVIV, Nov 24 (Reuters) - Frutarom Industries Ltd <FRUT.TA> <FRUTq.L>, the world's seventh-largest flavours and specialty fine ingredients company, said on Tuesday it would return to growth and reiterated forecasts for a doubling of sales within four years to $1 billion.
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Sun TV to raise ad rates from Jan 1
Reuters - Wednesday, November 25MUMBAI, Nov 24 (Reuters) - Broadcaster Sun TV Network Ltd <SUTV.BO> said on Tuesday it plans to raise advertisement rates for some of its channels from Jan. 1, 2010.
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NKT Holding says markets remain challenging
Reuters - Wednesday, November 25* Q3 EBITDA 225 mln DKK, above avg forecast of 218 mln
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Turkish bourse trading halted due to technical issue
Reuters - Wednesday, November 25ISTANBUL, Nov 24 (Reuters) - Trading on the Istanbul Stock Exchange was suspended on Tuesday due to technical problems, an official told Reuters on condition of anonymity.
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Turkey to hold one-week 2 bln lira repo auction
Reuters - Wednesday, November 25ISTANBUL, Nov 24 (Reuters) - Turkey's Central Bank will hold a one-week 2 billion lira ($1.3 billion) repo auction on Tuesday, bank data <CBTF> showed.
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Affinity sells S.Korea cosmetics firm for $364 mln
Reuters - Tuesday, November 24* Affinity may reap 3 to 4 times investment from sale
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Russia's Magnit founder reduces stake
Reuters - Tuesday, November 24* Founder and CEO Sergey Galitskiy cuts stake to 35 pct
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UAE consumer prices fall 0.1 in October
Reuters - Tuesday, November 24DUBAI, Nov 24 (Reuters) - The United Arab Emirates' consumer prices fell 0.1 percent in October from a month earlier on lower clothing and household equipment cost, official figures showed on Tuesday.
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Ericsson withdraws EU complaint vs Qualcomm
Reuters - Tuesday, November 24* Firm withdraws complaint concerning licensing practices
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EU seeking to cut Dexia foreign exposure - paper
Reuters - Tuesday, November 24BRUSSELS, Nov 24 (Reuters) - The European Commission wants Belgian-French financial services group Dexia <DEXI.BR> to shed or divest foreign business in return for receiving state aid, Belgian newspaper De Standaard reported on Tuesday.
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Philippines' EDC sells $255 mln in bonds
Reuters - Tuesday, November 24MANILA, Nov 24 (Reuters) - Philippine power producer Energy Development Corp (EDC) <EDC.PS> said on Tuesday it has raised 12 billion pesos ($255 million) from the sale of fixed rate bonds to refinance maturing debt.
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