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Hong Kong shares decline, led by oil, coal stocks
Hong Kong shares opened lower in line with downbeat regional markets Monday after the U.S. government failed to reach an agreement to raise the debt ceiling over the weekend, with coal and other energy stocks leading the decline.
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Koreas agree to work toward resuming nuclear talks
Top nuclear envoys from rivals North and South Korea agreed Friday to work toward a resumption of stalled nuclear disarmament talks, a significant breakthrough after more than a year of confrontation and escalating threats that have put the region on edge.
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Iran says no decision yet to stop oil to India
Iran has no plans yet to cut oil exports to India over a payment dispute, the semi-official Mehr news agency on Friday quoted an oil official as saying.
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Iran cautiously welcomes Russia's nuclear plan
Iranian President Mahmoud Ahmadinejad has cautiously welcomed a Russian proposal for bringing Iran back to talks over its nuclear program.
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Russian company offers to invest in power sector
Russian company M/s INTER RAO UES, Has expressed its interest to invest in the small hydropower, coal power generation projects and to develop transmission lines in Pakistan. A delegation of the company led by Maxim Sergeev, called on Minister for Water and Power, Syed Naveed Qamar on Wednesday to discuss the investment opportunities in the power sector in Pakistan.
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China's Global Energy Strategy Aims at Displacing U.S. Influence in Central Asia
The annual rate of growth has often surpassed double digits and the natural consequence is that its fuel consumption has also risen dramatically. Energy intensive heavy industry and the massive infrastructure construction have not only produced huge demand for steel, cement and aluminum but also for oil equivalents
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Hillary Clinton in India to discuss hundred billion dollar nuclear deal
US Secretary of State Hillary Clinton on Tuesday urged India to open up markets and resolve the questions surrounding a civilian nuclear accord that could be worth billions to US companies.
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Renewable energy sector in India to grow on high resources, incentives and investments
In view of the rising concerns of climate change internationally,rising energy needs of the growing Indian economy, favorable government environment and huge demand supply gap in power sector, the renewable energy sector will play an increasingly important role and throw huge business opportunities for investors, according to the market report on renewable energy released by Vijya Research & Advisory.
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