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ASIA MARKETS Japan Stocks Recover Modestly After Steep Sell-off
HONG KONG – Japanese stocks jumped Friday to stage a modest recovery, with relief buying emerging after the extreme losses they suffered the previous day, amid expectations that the rally that began late last year may have further to go.The Nikkei Stock Average climbed 3% after diving 7.3% in the previous session, while the broader Topix advanced 2.6% after Thursday's 6.9% ...
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UN official encourages Kyrgyzstan to tackle causes of 2010 inter-communal violence
Print 23 May 2013 – A senior United Nations official has encouraged Kyrgyzstan’s efforts to address the causes of the inter-communal violence that erupted in 2010, while stressing that they must be fully in line with human rights standards. Hundreds of people were left dead or injured by the clashes that began in June 2010 between ethnic Kyrgyz and ethnic Uzbeks. The violence ...
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RSSMongolia Digest
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Mongolia coal mine sparking international interest
The government, after much deliberation, has announced that it will sell a 30% stake in the state-owned company that owns one of the largest coking coal reserves in the world, generating a flurry of interest in the industry.
Tavan Tolgoi is a huge coal mine in the Tsogttsetsii district of the southern Mongolian province of Ömnögovi. It is an extremely rural open pit coal mine that is hundreds of miles from any form of efficient transport and faces many difficulties because of this, the nearest railway, for example, is over 400 kilometers from the mine, making the transport of coal time-consuming, expensive and laborious. Read more
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