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Nickel mining threatens Indonesia coral haven, NGOs warn
Nickel mining threatens Indonesia coral haven, NGOs warn
Business and Economy
by  AFP

Nickel mining threatens one of the world's most important marine biodiversity and coral hotspots in Indonesia, despite the government revoking several permits, a report warned Thursday. In June, Indonesia's government revoked permits for four of the five nickel mining companies operating in the cluster of islands and shoals in Southwest Papua Province.

Asian markets slide as traders prepare for key US data
Asian markets slide as traders prepare for key US data
Business and Economy
by  AFP

Stocks moved narrowly Thursday as traders continue to pull back from the buying that has propelled markets to record highs in recent months, with upcoming US inflation and jobs data seen as likely to be the next catalysts for action. While there appears to be some unease in recent days over the latest market rally, economists at Bank of America were upbeat.