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More to U.S. oil than North Dakota, EIA says
SEOUL, Dec. 19 (UPI) -- South Korean auto parts companies are likely to experience earnings growth due to an expanding market in China, market analysts said.
"We believe that China will continue to post leading global auto sales growth in 2013 thanks to the Chinese government's likely introduction of economic stimulus and capacity expansions via joint ventures with overseas automakers," said Cho Soo-hong, an analyst with Woori Investment & Securities.
Yonhap reported Wednesday that vehicle sales from January through November rose 6.9 percent compared with the first 11 months of 2011.
Auto parts capacity among South Korean companies in China will get a significant boost in July with the start-up of Hyundai Motor Co.'s third plant in China.
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MOSCOW, May 24 (UPI) --
Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.
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OTTAWA, May 23 (UPI) --
The Canadian government and the government of Peru have agreed to cooperate on military equipment and services procurement.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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