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China FX reserves soar past $3 trillion, add to inflation

China's foreign exchange reserves soared to a record of more than $3 trillion by end-March, while its money supply growth blew past forecasts, threatening to aggravate the nation's inflation woes and trigger more policy tightening.
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Global Markets Overview 04/14/2011

US stocks ended slightly higher on Wednesday after President Barack Obama detailed his plans for cutting the deficit and the Federal Reserve reported encouraging news on the economy.
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Motorola and Huawei settle trade secret dispute

Motorola Solutions Inc and China's Huawei Technologies Co have settled a legal dispute over trade secrets, clearing the way for Motorola to complete the sale of one of its business units to Nokia Siemens Networks.
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Global Markets Overview 04/13/2011

U.S. stocks ended lower on Tuesday as Alcoa sales missed estimates and energy stocks declined as oil prices plunged more than 3 percent. Futures on major U.S. stock indices point to higher opening on Wednesday ahead of economic data including retail sales.
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World Market Overview Report 04/13/2011

Investors retreated from stocks, oil and other risky assets as a worsening nuclear situation in Japan and a lackluster start to the U.S.'s corporate earnings season cast doubt over the global economic recovery. The Dow Jones Industrial Average dropped 117.53 points, or 0.95%, to 12263.58, while the Standard & Poor's 500-stock index lost 10.30 points, or 0.78%, at 1314.16, and the Nasdaq Composite fell 26.72 points, or 0.96%, to 2744.79.
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Foxconn says looking at investment opportunities in Brazil

Foxconn Technology Group, maker of Apple Inc's iPhone and iPad, said it is looking at investment opportunities in Brazil in line with its strategy of being where the market is, a plan that would boost its presence in a fast-growing market for electronic devices.
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World Market Overview 04/13/2011

Asian shares fell Tuesday on selling prompted by Japan declaring its nuclear crisis a match for the Chernobyl disaster in severity and after the International Monetary Fund said global economic growth should slow this year as new risks emerge.
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G20 to work on imbalances plan amid crowded agenda

The world's biggest economies hope to make progress this week on a plan to identify countries that put the global economy at risk, while China warned against any moves that would curb its red-hot growth.
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Trade data shows growth headwinds

U.S. imports and exports fell in February, prompting analysts to cut again their forecasts for U.S. economic growth in early 2011 and showing signs of a slowing in the global recovery.

Versace goes to Japan despite earthquake and tsunami

Earthquake and tsunamis could not keep Versace from Japan.After some delays due to the natural disasters, Versace will proceed with plans to open stores in Japan and add to its Asian income stream. The company already derives 30 percent of its income from China.

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