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The activity of the "Asian tigers" is growing
China Unicom Ltd. and the Spanish telephone operator Telefonica reached an agreement to purchase shares of each other for a total of 2 billion dollars, with each side will spend on a $ 1 billion.
The decision to purchase shares was made through a partnership of both companies.
The Japanese market recorded growth for the first time in the last 4 trading sessions. Positive mood on trading floors provided mainly by corporate news. For example, stock quotes, the country's largest manufacturer of microchips Toshiba Corp increased due to the information that the company plans to pay for the implementation of the subcontract works for the production of large-scale circuits. According to Japanese media, this contract can get Singapore Chartered Semiconductor Manufacturing Ltd or American Globalfoundries Inc.
Very good situation on the trading floors for the leading Japanese estate companys, the paper which have risen in price against the backdrop of speculation about long-term growth of property prices. Strengthening U.S. dollar against the Japanese currency, in turn, helps leading Japanese exporters, such as the manufacturer of digital photo and video Canon Inc., Over a quarter of the proceeds of which were from the U.S., and a consumer electronics manufacturer and the popular game consoles Sony Corp.
Foreign exchange reserves of Japan in August this year increased by 19.68 billion dollars - to a historic high of 1.04234 trillion dollars
07.09.2009
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