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Greece closes offer with bond swap set to pass

Greece closed a bond swap offer to private creditors on Thursday after clearing the minimum threshold of acceptance to push the deal through, moving closer to unlocking funds it needs to avoid a dangerous debt default.
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CORRECTED-Anonymous hurt by arrests but hard to kill

In turning one of its best-known hackers into an informant and breaking open the highest profile elements of the Anonymous movement, authorities have dealt a serious blow to a group they found a growing irritant.
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ECB fires inflation warning, trumpets success of cash flood

The European Central Bank signaled its policy course was slowly turning on Thursday, delivering a surprise warning on inflation and calling governments and banks to build on its recent blitz of radical support measures to foster a full crisis recovery.
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Jobless claims rise 8,000 last week

New claims for unemployment benefits unexpectedly rose last week, a government report showed on Thursday, but not enough to change perceptions that the labor market was strengthening.
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Wall Street rises on optimism over Greek deal

Wall Street opened higher on Thursday as strong uptake by investors in Greece's debt swap fed optimism a deal could be completed by a deadline later in the day, staving off a messy default.
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Wall Street opens up on Greek deal hopes

Stocks rose at the open on Thursday as strong uptake by investors in Greece's debt swap fed optimism a deal could be completed by a deadline later in the day, staving off a messy default.
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Whistleblower says BofA defrauded HAMP

Bank of America NA prevented homeowners from receiving mortgage-loan modifications under a federal program in order to avoid millions of dollars in losses while benefitting from financial incentives for participating in the program, according to a complaint unsealed in federal court Wednesday.
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BoE holds policy steady as growth proves patchy

The Bank of England left its monetary policy unchanged on Thursday, deciding that February's extra 50 billion pounds ($79 billion) of quantitative easing was enough for now to support the economy through a period of fitful recovery.
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OSCE urges Tajiks to end shutdown of Facebook, sites

The Organisation for Security and Cooperation in Europe has urged Tajikistan to end a local shutdown of Facebook and several Russian-language sites that had published material critical of the nation's veteran leader.
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ECB expected to hold rates as critics pipe up

The European Central Bank is expected to keep interest rates on hold later on Thursday and signal that it has played its part in fighting the euro zone crisis after unleashing a dramatic sweep of measures that has unsettled some at the bank.
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ECB likely to hold interest rates

The European Central Bank is expected to keep interest rates on hold later on Thursday and signal that it has played its part in fighting the euro zone crisis after unleashing a dramatic sweep of measures that has unsettled some at the bank.
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U.S. to sell $6 billion in AIG stock

The Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
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Treasury to sell $6 billion in AIG stock

The Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
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Treasury to sell $6 billion in AIG stock

The Treasury Department plans to sell $6 billion of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an election year to unwind the unpopular crisis-era bailout.
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China to add to squeeze on world corn supply

Beijing and the influential U.S. agriculture department may have overstated China's corn crop by as much as 14 percent, pointing to higher imports from the world's second-largest consumer of the grain that could squeeze already tightening global supplies.
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Japan GDP contraction eases, current account in red

Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure, but the current account swung to a record deficit in January as a shift away from nuclear power pushes up fossil fuel imports.
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Japan GDP revised up, current account in red

Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure to cope with an increase in demand due to reconstruction of the country's tsunami-battered northeast coast.
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PayPal sparks furor over limits on obscene e-books

PayPal, the online payments arm of eBay Inc, has sparked a furor in the publishing world by asking some e-book distributors to ban books that contain obscene themes including rape, bestiality or incest.
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Fed mulling sterilized bond purchases: report

Federal Reserve officials are considering a novel approach to bond buying aimed at countering some of the worry that another round of asset purchases by the central bank could fuel inflation, according to the Wall Street Journal.
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Analysis: Insurers forced to rethink tornado coverage

The deadly start to the 2012 tornado season is forcing insurers to reconsider the risks of coverage in the most storm-prone parts of the United States and industry insiders say they may have to rethink how they handle the underwriting of the reoccurring natural disasters.
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Banks lift Wall Street, breaking 3-day skid

Stocks broke a three-day losing streak on Wednesday, recovering some recent losses after a report showed the U.S. private sector added more jobs than expected last month.

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