JAKARTA, (Xinhua) — A senior Indonesian official said on Wednesday that Google is seeking an exemption from the government regarding its plans to invest in the country.
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NEW YORK (AP) — Oil prices rose Tuesday with some investors anticipating that a recent tropical storm disrupted supplies.
The government will report petroleum supply levels on Wednesday. According to a poll by Platts, the energy information arm of McGraw-Hill Cos., the storm likely cut U.S. supplies by 2.9 million barrels of oil and 400,000 barrels of gasoline.
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SINGAPORE (AP) — Oil prices rose to near $87 a barrel Wednesday in Asia amid hopes that President Barack Obama’s major policy speech later this week will provide a catalyst for stronger U.S. economic growth.
Benchmark oil for October delivery was up 94 cents to $86.96 at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Crude fell 43 cents to settle at $86.02 on Tuesday.
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BEIJING (Xinhua) — China’s peaceful development will manifest its global impact over time, says the white paper on China’s development issued Tuesday by the Information Office of the State Council.
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BEIJING (Xinhua) – Inventories of iron ore at 25 of China’s major sea ports rose to 96.21 million tonnes in the week ending Sept. 5, according to the Xinhua-China Iron Ore Price Index released on Tuesday.
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Cash Subsidy