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 Wall Street mixed as oil price surges | 2008-08-28
NEW YORK, Aug. 21 (Xinhua) ¡ª Wall Street closed mixed Thursday,  as oil jumping nearly six U.S. dollars sent energy stocks higher  and overshadowed concerns about more write-down from financial firms.
 Raw materials costs strangle profits for equipment maker | 2008-08-28
SHANGHAI Electric Group Corp, Chinas biggest maker of power equipment,  said first-half profit declined 14 percent as the cost of raw materials rose.
 Hong Kongs consumer prices rise 6.3% in July | 2008-08-28
HONG KONG, Aug. 21 (Xinhua) ¡ª Hong Kongs consumer prices rose 6.3  percent in July over the same month last year, and were up on Junes 6.1  percent rise, the Census and Statistics Department said in its latest  statistics rele
 China imports less LPG in first half year | 2008-08-28
BEIJING, Aug. 24 (Xinhua) ¡ª Chinas liquefied petroleum gas (LPG)  import declined by a double-digit rate in the first six months  of this year, as importers enthusiasm was dampened by price gap  between domestic and overseas m
 Sinopec Q2 profit dives on pri | 2008-08-28
CHINA Petroleum & Chemical Corp, Asias biggest oil refiner,  posted an 87-percent drop in second-quarter profit. Net income  declined to 2.19 billion yuan (US$320 million) in the  three months ended on June 30 from last yea
 Philippine import growth picks | 2008-08-28
PHILIPPINE import growth accelerated for the first time in five  months in June as oil prices surged, widening the nations trade  deficit. Overseas purchases rose 12.7 percent from a year earlier  to US$5.3 billion, after gaini
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