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Roaring outlook for platinum

CPM, a New York-based commodities analysis firm, has predicted that platinum group metals are set to make a roaring investment option in the coming years.

US current, proposed law on currency manipulation

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The U.S. Treasury Department is expected to again decline to name China a currency manipulator in a long-delayed report that will likely anger congressional critics of Beijing's policies. The report was due April 15 but was delayed until after last month's G20 leaders' summit in Canada. China said just before the G20 met that it will make the yuan's exchange rate more flexible gradually and end a two-year peg to the dollar.
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GM to file mid-August IPO: sources

General Motors Co plans to file its nearly $20 billion initial public offering in mid-August, a source familiar with the situation said Friday, later than some expected as bankers work to help sort out the automaker's finances post-bankruptcy.
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Rogers to launch new low-cost wireless brand

Rogers Communications Inc said on Wednesday it plans to launch a low-cost unlimited talk- and text-only mobile phone brand, taking aim at a market targeted by a bunch of new wireless entrants.
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How some textile mills sidestepped Armageddon

To get an idea of how some U.S. textile mills can compete with developing-world rivals who pay far lower wages, roll a bowling ball down one of the production lines at Parkdale Mills' Walnut Cove yarn plant.
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Teenage physical activity reduces risk of cognitive impairment in later life

Women who are physically active at any point over the life course (teenage, age 30, age 50, late life) have lower risk of cognitive impairment in late-life compared to those who are inactive, but teenage physical activity appears to be most important. This is the key finding of a study of over nine thousand women published today in the Journal of the American Geriatrics Society.
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G20 summit cheers spared bankers

Bankers voiced relief on Monday after world leaders abandoned a global bank levy and eased the timetable for new capital requirements at a G20 summit in Canada which posed questions about the forum's effectiveness.
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Do-little G20 summit cheers spared bankers

Bankers voiced relief on Monday after world leaders abandoned a global bank levy and eased the timetable for new capital requirements at a G20 summit in Canada which posed questions about the forum's effectiveness.
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Do-little G20 summit leaves markets unperturbed

Stock markets perked up on Monday after world leaders abandoned a global bank levy and eased the timetable for new capital requirements at a G20 summit in Canada which posed questions about the forum's effectiveness.
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Gold eyes record peak

Gold ticked higher on Monday, trading less than $10 shy of last week's record high, underpinned by worries about the global economy after the G20 summit and U.S. comments that Iran has fissile material for two atomic bombs.
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G20 delays new bank rules to safeguard recovery

The G20 has agreed to give banks more time to adopt tougher global rules in a concession that the body tasked with coordinating reforms said would both safeguard the recovery and ultimately lead to stronger banks.
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Stocks eye jobs amid economic worries

Stock investors will anxiously await the crucial June jobs data this week for clues on how the U.S. economy may weather recent storms that drove Wall Street's major indexes down for the year.
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G20 offers no big boost for fearful markets

Deficit pledges made by Group of 20 leaders on Sunday won't provide a big boost for financial markets, with uncertainty about the strength of global economic recovery still the larger concern for investors.
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Oil spill teams keep wary eye on storm in Gulf

The Atlantic hurricane season's first named storm posed an uncertain threat to the Gulf of Mexico on Sunday, as a report said relief wells may halt the worst U.S. oil spill ahead of schedule.
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G20 statement will not refer to China yuan: sources

Group of 20 leaders will not make explicit reference to China or China's exchange rate in the statement they are to issue at the end of their meeting on Sunday, two sources familiar with the document said.
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Storm threat to oil spill efforts

The first named storm of the Atlantic hurricane season was on track on Saturday to reach the Gulf of Mexico within days, a potential threat to containment and cleanup of the worst ever U.S. oil spill.
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G20 march turns violent in Toronto, cars torched

Thousands of protesters marched through downtown Toronto on Saturday, setting police cars ablaze and smashing store windows in a show of opposition to the G20 summit as police in riot gear scrambled to contain the violence.
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Argentina says Europe's fiscal focus is wrong

Europe's focus on cutting deficits is absolutely wrong, Argentine President Cristina Fernandez said on Saturday, citing her country's experience with austerity she said helped lead to a huge default in 2001.

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