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Thousands of Chinese coal miners protest over unpaid wages, layoffs

Beijing / AFP Thousands of miners in China’s coal-rich northeast have gone on strike over months of unpaid wages, amid fears of mass layoffs as the government seeks to restructure lumbering state-owned industries. Social unrest is anathema to China’s Communist leaders, making the threat of worker discontent a disincentive to the hard choices analysts see as necessary to reform the ...

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Australian dollar hits 8-month high as commodity units rise

Tokyo / AFP The Australian dollar hit an eight-month high Monday as commodity-linked currencies got a boost on the back of a rise in global equity markets, with investors focusing on a string of central bank meetings. The Aussie currency bought 75.94 US cents in afternoon Tokyo trading, its highest level since July, while the New Zealand and Canadian dollars ...

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Toyota to make wind-power hydrogen for fuel cells

YOKOHAMA / AP Toyota Motor Corp. is responding to the main criticism of fuel cell cars, that making the hydrogen for the fuel is not clean, with plans to help make the hydrogen using wind power. Fuel cells are zero-emission, running on the power created when hydrogen combines with oxygen in the air to make water. But to have a ...

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