Chinese companies encourage to buy land overseas
http://www.interest.co.nz/news
AIG reports a US$7.8 bln loss
Plans to raise US$12.5 billion in new capital
AIG is world's largest insurer
Losses on credit default swaps contracts
Insured US$61 billion of sub prime bonds
Elsewhere, the BoE and the ECB have kept their official interest rates unchanged
Inflation a problem despite slowing economy
Chinese govt to encourage Chinese companies to buy land overseas in Africa and South America
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: 08/05/08 23:32
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