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Asia Markets: Yen strength sets weaker tone across Asia markets

MarketWatch — Wed, 04 Aug 2010 22:20:21 +0000

Asian shares end mostly lower as the yen’s strength weighs on Japanese exporters’ stocks, while sluggish financials and energy stocks drag Australia’s key index down.
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Toyota Swings to Profit as Sales Rise; Lifts Forecast

CNBC — Wed, 04 Aug 2010 22:20:16 +0000

The number 1 carmaker reported its best operating profit in two years, and lifted its cautious forecasts despite a sluggish US recovery and a stronger yen.
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Asia Markets: Tokyo rises while Shanghai dips in mixed session

MarketWatch — Tue, 03 Aug 2010 22:03:17 +0000

Asian stocks ended mixed on Tuesday, as Tokyo followed Wall Street’s overnight rise despite the strengthening yen, while investors in China worried about slowing economic growth.
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Japan’s Mitsui Gets $480 Million Bill from BP for Leak

CNBC — Tue, 03 Aug 2010 22:03:11 +0000

Japanese trading house Mitsui & Co, whose unit holds a stake in BP’s ruptured oil well in the Gulf of Mexico, said on Tuesday it has so far received a $480 million bill from BP but has yet to decide if it will shoulder any clean-up costs.
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Asia Markets: China July manufacturing slows, but shares rally

MarketWatch — Mon, 02 Aug 2010 05:14:00 +0000

One of two key gauges of China’s manufacturing sector registers a contraction in July, the first such pull-back since in over a year. But stocks rise, expecting a pause in recent policy tightening.
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Asia Markets: China manufacturing slows, but shares advance

MarketWatch — Mon, 02 Aug 2010 03:21:00 +0000

One of two key gauges of China’s manufacturing sector registers a contraction in July, the first such pull-back since in over a year. But stocks rise, expecting a pause in policy tightening.
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Chinese Manufacturing Output Slows Again in July

CNBC — Mon, 02 Aug 2010 00:47:58 +0000

China’s vast manufacturing sector cooled further last month as the government kept its foot on the credit brakes and held firm in its efforts to deter real estate speculation.
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China Becomes Second Biggest World Economy

CNBC — Sun, 01 Aug 2010 23:52:57 +0000

Depending on how fast its exchange rate rises, China is on course to overtake the US and vault into the No.1 spot sometime around 2025, according to various projections.
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Li Ka-Shing to Buy EDF’s UK Power Assets for $9.1 Billion

CNBC — Fri, 30 Jul 2010 06:41:09 +0000

Billionaire Li Ka-shing has offered to buy UK power grids from France’s EDF for 5.8 billion pounds ($9.1 billion), giving his companies a foothold in more lucrative overseas markets.
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Japan’s Economy Sputters; Bank of Japan Under Pressure

CNBC — Fri, 30 Jul 2010 06:38:29 +0000

Japan suffered the biggest fall in factory output in more than a year in June and manufacturers see more cuts in July, boding ill for the fragile economic recovery in the face of a strong yen and weakening overseas demand.
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