Staff Writer

Shanghai Disneyland Opening Day Tickets Sale Is A Blockbuster!

It's a record for Shanghai Disneyland as its June 16 opening day tickets became sold out after a few hours of selling. Discounts await children, seniors and guests with disabilities including those who will purchase for a two-day event.

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Chinese Production Sector Reports The Highest Growth Since July 2014

Chinese production sector has been witnessed to go through the weakest growth due to reduction in demands and historic low iron ore and crude oil prices. Following the stimulus measures adopted by the Chinese premier, the industrial profits have been revamped to record the highest growth during January and February since July 2014.

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Developing markets show growth in renewable energy investments

Investments in renewable energy soared high with China and India leading the emerging markets in their commitments in the wind and other related renewable sources. India, China and Brazil outstripped developed nations in 2015 renewable investments.

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Global funds bullish on Indian Rupee sovereign bonds

Indian Rupee sovereign bonds are favorite among some global funds. India's high performing debt fund managers are predicting further gains from sovereign bonds as benchmark notes heading towards their best March returns in 13 years.

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Driverless Car Technology Will Boost £15 Billion to Britain's Economy

Chancellor of Exchequer George Osborne in his latest budget has set a £100 million ($141 million) budget for research and development of autonomos vehicle. Driverless cars will be tested on the road next year.

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Three Promised to Surpass Coverage Requirement After Acquisition of O2

CK Hutchison promise to extend coverage in the UK. European Commission are currently investigating whether to approve the acquisition or not.

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Support For Shinzo Abe’s Stimulus Package on Spending Measures Rises

Japanese economy has been witnessed to go through sluggish growth rate. To boost up the economic growth, Prime Minister Shinzo Abe has been planning for announcing a stimulus package of new spending measures. Meanwhile, a Nikkei Inc./ TV Tokyo conducted poll shows that support for Abe’s economic reforms has been witnessed to rise by 8% to 55%.

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Nissin Made a Takeover Approach to Premier Foods, Buying 17 Percent Stake in The Company

Nissin has made its takeover approach to Premier Foods by buying 17.3 percent stake in the company. The deal made Nissin Premier Foods’ largest stakeholder, but the company must agree to not make a takeover bid to Premier Foods in at least six months.

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Britain's Opposition Accused Government Planned to Cut Border Protection Budget

Labour Party said the government plan to cut budget for border force. Shadow Home Secretary Andy Burnham urged government to disclose the budget plan.

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Dumont & Blake reduces Apple's stake by 6%

Dumont & Blake Investment Advisors LLC reduced its shareholding in Apple by 6% in the final quarter of 2015. Dumont sold 2,164 shares of the company in the fourth quarter and currently owns 34,115 of Apple shares.

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Japan gears up for fintech revolution

Japan is planning big for exploring 'fintech' (financial technology) segment. The world's third largest economy has decided to ease restrictions on investment in the fintech sector. After the proposed Bill is cleared by Japan's Parliament, banks can have 100 percent holding in non-finance related firms.

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El Niño Hurts Malaysia's Palm Oil Output

Due to the continuing harmful effects of El Niño, Malaysia's palm oil production has been greatly affected reducing output by millions of metric tons.

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China to make inroads into global chip making

China is planning to become a major force in the global semiconductor segment. State-run XMC is setting up a major $24-billion semiconductor project in association with a US company.

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US Q4 growth rate beats estimates

The rise in household spending has propelled US economy to grow surpass earlier forecasts for fourth quarter of 2015. However, the US GDP growth rate eased in fourth quarter from previous quarter.

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ArcelorMittal to sell 3 of its US steel operations

Billionaire Lakshmi Mittal-controlled ArcelorMittal is selling three of its US steel operations to Black Diamond Capital Management. As part of the sale deal, ArcelorMittal will offload three units at LaPlace in Louisiana, Harriman in Tennessee and El Paso in Texas. Both companies denied to provide terms of the deal.

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