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Fukushima disaster-related costs to double to $188bn

  Bloomberg Cleaning up the March 2011 Fukushima nuclear disaster, the world’s worst atomic accident since Chernobyl, will cost almost twice as much as originally expected as decommissioning expenses increase, according to Japan government estimates. Total costs will rise to 21.5 trillion yen ($188 billion), up from a previous estimate of 11 trillion yen, Japan’s Ministry of Economy, Trade and ...

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Vietnam forecasts record $15bn foreign investment in 2016

  Bloomberg Vietnam forecasts disbursed foreign direct investment to rise to a record this year with companies such as South Korea’s Samsung Electronics Co. and LG Electronics Inc. shifting factories to the Southeast Asian nation. Disbursed foreign investment may reach $15 billion in 2016, Prime Minister Nguyen Xuan Phuc told donors, including the World Bank and the International Monetary Fund, ...

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China factory prices jump 3.3%, lifting global inflation outlook

  Bloomberg China’s factory-gate inflation rose to the highest since late 2011, helping to sustain prices around the world. Consumer prices picked up on rising food costs. The producer-price index jumped 3.3 percent in November from a year earlier, exceeding all 47 estimates in a Bloomberg survey and the 1.2 percent gain in October The consumer-price index rose 2.3 percent, ...

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