Insured losses from Thai floods could be in the double-digit billions of dollars and the disaster will lead to a re-assessment of weather risks to industries in Asia, a senior official from global insurer Allianz said . Calculating the true cost of the floods could take years in terms of working out the lost business
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Latin American art sales, which totalled nearly $90 million in New York in 2011, scored their best year since the 2008 financial crisis, aided by a boom in Brazilian art and demand from Asia. The sales at Christie's and Sotheby's were second only to the 2008 Latin American market total of $96 million, according to
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Chinese Vice-Premier Wang Qishan warned on Monday the global economy is in a grim state and the visiting U.S. commerce secretary said China would spend $1.7 trln on strategic sectors as Beijing seeks to bolster waning growth. Wang said an "unbalanced recovery" may be the best option to deal with what he had described on
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Egyptian activists called for a huge turnout in protests on Tuesday to put an end to rule by the military which also saw its authority challenged by the resignation of the civilian cabinet, casting uncertainty on elections due next week. Some 20,000 defiantly demonstrated in Cairo's Tahrir Square overnight despite the deaths of at least
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Asian shares edged down on Tuesday as fears about the ability of politicians on either side of the Atlantic to tackle huge debt burdens sapped investors' confidence in the outlook for Western economies. The dollar held gains near a 6-week high against a basket of currencies, with European banks scrambling to secure dollar cash as
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Focus Media Holding Ltd, a digital advertising firm, has denied accusations by Muddy Waters that it overstated its assets, the latest U.S.-listed Chinese company to be targeted by the influential short-seller. A report from Muddy Waters said Focus Media inflated the number of its LCD screens, sending its shares down by as much as two-thirds
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Industrial turnover rose in August despite the blast in July that knocked out the main power station and led to temporary power cuts. The Statistical Service reported that the industrial turnover index for August 2011 reached 111.7 (base 2005=100), recording an increase of 2.8% compared with August 2010. The manufacturing index in August rose by
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International road transport increased by 28.3% in April-June 2011 compared with the corresponding period of 2010, according to the latest figures from the Statistical Service. However, national road transport fell by 15.2% in the same period.
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Acquisition, Conversion, Retention Most people associate online marketing directly with online advertising and pay-per-click ads or banner ads. Actually online advertising is just one of the three key activities of online marketing. The three main key activities are: -Acquisition -Conversion -Retention Online advertising is actually a method for online acquisition. The goal of online Acquisition
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Hong Kong shares fell for a fifth consecutive session on Monday, dragged lower by financial and property stocks after Chinese Vice-Premier Wang Qishan warned the global economy is in a grim state, further dampening sentiment. Turnover shrank to its lowest in a month, while continued interest in defensive sectors such as Chinese telcos and utilities,
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