03 Aug '11, 1am

China's Dagong cuts US credit rating: BEIJING: Chinese rating agency Dagong said Wednesday it had downgraded the...

BEIJING: China warned Wednesday that tortured efforts to raise the US debt ceiling had failed to defuse Washington's "debt bomb", and that it would further diversify its currency holdings away from the dollar. US President Barack Obama finally signed an emergency austerity bill on Tuesday that averted what would have been a catastrophic debt default for the world's biggest economy. But a failure to rein in US borrowing could "jeopardise the well-being of hundreds of millions of families within and beyond the US borders", the official Xinhua news agency said in a blistering commentary on the deal. "The months-long tug of war between Democrats and Republicans... failed to defuse Washington's debt bomb for good, only delaying an immediate detonation by making the fuse an inch longer," the commentary said. "Meanwhile, the madcap farce of brinkmanship has disclosed yet another ...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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The US could still lose their AAA debt rating despite the approval of a deal to raise the debt ceiling, say analysts

The US could still lose their AAA debt rating d...

straitstimes.com 02 Aug '11, 2am

Even though the House of Representatives approved a deal to raise the federal government's debt ceiling, the US could stil...

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channelnewsasia.com 02 Aug '11, 9pm

NEW YORK: US stocks wiped out most of their gains for 2011 on Tuesday, tumbling as poor economic data overshadowed a congr...

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e360.yale.edu 02 Aug '11, 6pm

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A couple of decades ago, clubbing is probably unheard of by people in China. But today, their wild parties put our clubs t...

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sg.news.yahoo.com 01 Aug '11, 1am

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Russia PM Vladimir Putin accuses the US of living 'like a parasite' on the global economy

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straitstimes.com 01 Aug '11, 11pm

Russian Prime Minister Vladimir Putin accused the United States on Monday of living beyond its means 'like a parasite' on ...

Singapore shares rise on US debt deal

channelnewsasia.com 01 Aug '11, 10am

SINGAPORE - Singapore share prices ended 0.8% higher on Monday amid stronger Asian stocks as investors cheered news regard...

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channelnewsasia.com 01 Aug '11, 6am

SINGAPORE : Crude oil markets rallied in Asian trade on Monday amid relief at the announcement of an elusive US debt deal,...

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cleantechnica.com 04 Aug '11, 9am

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US, China talk on Taiwan as jet decision nears - AsiaOne

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asiaone.com 30 Jul '11, 9am

WASHINGTON - The United States and China on Friday held top-level talks on Taiwan, with Washington working pre-emptively t...

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sustainablebusiness.com 29 Jul '11, 11pm

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wilderness.org 01 Aug '11, 6pm

The Wilderness Society said today that the congressional accord on the debt ceiling puts the U.S. on the brink of defaulti...

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todayonline.com 01 Aug '11, 12am

WASHINGTON - United States Senate majority leader Harry Reid has tentatively signed off on the budget deal being negotiate...

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straitstimes.com 26 Jul '11, 11pm

NEW YORK - COULD the US lose its top credit rating even if a deal is reached to raise the debt limit? Market analysts and ...

US loses AAA credit rating for first time

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straitstimes.com 06 Aug '11, 1am

The United States' credit rating was cut for the first time ever Friday when Standard and Poor's lowered it from triple-A ...