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Asian stocks waver as earnings weigh

Asian stocks fluctuated as electronics makers fell on lower earnings, while commodity companies climbed after oil and metal prices increased. Panasonic fell 4.6 per cent in Tokyo after the electronics maker had a loss. Yamaha Motor retreated 4.9 per cent after the motorcycle maker reported

Rio staff charges may not be known until trial: DFAT

The employees include Australian citizen Stern Hu, formerly head of Rio's iron-ore market team in China. The four were arrested last July on charges that have since been downgraded from crimes against the state to industrial espionage and bribery. The Shanghai People's Procuratorate will decide

Weak Dollar Illusory as Correlated Trade Shows Gains (Update1) - Bloomberg.com

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Measured against a basket of currencies from the Group of 10 nations proportioned by how they trade against each other, the greenback is up about 3 percent since 1975, according to Bloomberg Correlation-Weighted Currency Indexes. That was four years after the Bretton Woods agreement, set up
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Yanukovych Says He Won Ukraine’s Presidential Vote (Update1) - Bloomberg.com

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Yanukovych, 59, led with 48.92 percent of the vote versus 45.42 percent for Prime Minister Yulia Timoshenko , after 74.43 percent of the ballots were counted, according to the Central Electoral Commission’s Web Site. The vote was too close to call, said Timoshenko, 49, while Yanukovych
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Weak Dollar Illusory as Correlated Trade Shows Gains (Update1)

By Ben Levisohn Measured against a basket of currencies from the Group of 10 nations proportioned by how they trade against each other, the greenback is up about 3 percent since 1975, according to Bloomberg Correlation-Weighted Currency Indexes. That was four years after the Bretton Woods

Macquarie "biggest loser" as guarantee ends: report

The guarantee, which was announced in October 2008 after the collapse of Lehman Brothers froze credit markets worldwide, will be withdrawn March 31 because funding conditions have improved, Treasurer Wayne Swan said yesterday. View what investors think of Australia's banks: See Investor Pulse

Euro, Japanese Stocks Fall on Europe Budget Deficit Concern - Bloomberg.com

The euro weakened as much as 0.4 percent against the dollar, approaching an eight-month low, and traded at $1.3640 as of 12:14 p.m. in Tokyo. Japan’s Topix index lost 0.2 percent to 889.78, with nine stocks declining for every six that rose. Copper jumped 2.4 percent on the London Metal

Kirin Ends Talks With Suntory, Rejecting $10 Billion Price Tag - Bloomberg.com

Feb. 8 (Bloomberg) -- Kirin Holdings Co. , Japan’s largest beverage company, ended talks to buy Suntory Holdings Ltd. that would have created the world’s fifth-biggest foodmaker after balking at a $10 billion asking price. “Kirin has been negotiating on the premise that the new

Macquarie "biggest loser" from end of guarantee: report

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Macquarie Group's bank unit may sell government-backed bonds to avoid higher debt costs before Australia's funding guarantee is withdrawn, say analysts including Royal Bank of Scotland Group's John Manning. The guarantee, which was announced in October 2008 after the collapse of Lehman
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Japanese Bank Lending Declines Most in Four Years (Update3) - Bloomberg.com

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Lending, excluding loans by credit associations, dropped 1.7 percent last month from a year earlier, the largest decline since September 2005, the Bank of Japan said today. The drop, amid a five-year low in demand for loans, compares with a 1.2 percent contraction in December. With more than a
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