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China economic growth slows to 18-month low in first quarter

BEIJING - China's economy grew at its slowest pace in 18 months in the first quarter of 2014, official data showed on Wednesday, with signs of waning momentum already prompting limited government action to steady the world's second-largest economy.

Recent Business News

Intel's quarterly net beats Street, CEO talks up tablets

SAN FRANCISCO - Intel Corp's first-quarter net profit exceeded Wall Street's estimates as the chipmaker wrestles with slow demand for personal computers and its chief executive officer said an ambitious goal to stake out market share in tablets was on track.

Tech, Media 15 Apr 2014

Rising food, housing costs push up U.S. inflation

WASHINGTON - U.S. consumer prices firmed a bit in March, as food and housing rental costs rose in a possible sign that a disinflationary trend had run its course.

15 Apr 2014

BOJ Kuroda maintains positive view on economy

TOKYO - Bank of Japan Governor Haruhiko Kuroda on Wednesday affirmed its upbeat view of the economy, even as global financial markets wobble, stressing that growth will pick up around mid-year as the sting of a sales tax hike fades.

15 Apr 2014

Starbucks to relocate European headquarters to UK from Netherlands: The Times

- Starbucks Corp said it decided to move its European headquarters to the United Kingdom from the Netherlands following criticism over its low tax payments in Britain last year, The Times reported.

15 Apr 2014

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