MANUFACTURING

China's economy grew 10.1 pct in 2010 -official

The Chinese economy grew around 10.1 percent last year, the deputy head of China's top economic planning agency told Reuters on Saturday, which amounts to the fastest pace of annual growth in three years.
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King

BoE keeps rates at record low for 22nd month

The Bank of England kept its key interest rate at a record low 0.5 percent as expected on Thursday, judging that longer-term downward pressure on prices will quell a looming spike in inflation.

Australia floods inundate Brisbane, 43 missing

Massive floods shut down the centre of Australia's third-largest city, sent thousands fleeing from their homes and sparked panic buying of food on Wednesday as rescuers searched for 43 people missing in floodwaters.
cedi

Ghana inflation dips, but pressures loom

Ghana's inflation slowed to a new 18-year low of 8.58 percent in December, feeding expectations the West African economic heavyweight will keep its policy interest rate on hold in the short term.

Australia floods inundate Brisbane, 67 missing

Thousands of residents of Australia's third-largest city evacuated homes on Wednesday as massive floods began to inundate the financial district, sparked panic buying of food and left authorities despairing for nearly 70 people missing.

AMD Ousts CEO

Advanced Micro Devices said Monday its chief executive Dirk Meyer has resigned with immediate effect and appointed senior vice president and chief financial officer Thomas Seifert as interim CEO.

India tops Japan's FDI destination survey

In an annual survey conducted by the Japan Bank for International Cooperation, India for the first time topped the list as the most attractive destination, overtaking China.

UK services recovery relapses

The UK service sector reported a drop in output in December, its first fall since April 2009, showing that the economy's growth had declined as the last year drew to a close.
Apple iPad

Global tablet sales to touch $46 bln by 2014

Total global revenue from tablet devices like Apple's iPad and Samsung's Galaxy Tab will increase from 16 billion dollars in 2010 to a whopping 46 billion dollars in 2014, according to a report released Wednesday by U.S. technology research firm Yankee Group.

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