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  1. anant1a

    China’s foreign exchange reserves hit $1.76 trillion

    China’s foreign exchange reserves hit $1.76 trillion China on Monday announced that its foreign exchange reserves rose to 1.76 trillion dollars at the end of April. At 1.76 trillion dollars, China's reserves are now larger than those of Japan, Taiwan, South Korea and Hong Kong combined...
  2. M

    Thomson in talks to buy Reuters for $17.6 bn

    Canada's Thomson Corp is in talks to buy Reuters Group Plc for about 8.8 billion pounds ($17.6 billion) to create the world's biggest news and financial data company, the two firms said on Tuesday. In a joint statement, the two firms said Reuters shareholders would get 352-1/2 pence in cash...
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