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Global stocks rise as selloff seen overdone

Asian shares advanced on Monday as market players scooped up beaten-down stocks after heavy losses last week, while oil prices jumped more than $2 as Western forces struck targets in Libya.

China may see trade deficit again in March: report

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China will likely post another trade deficit in March as imports continue to surge, following a an unexpected deficit last month, Commerce Minister Chen Deming was quoted by the China Daily as saying on Sunday.
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World Market Overview 21/03/2011

U.S. stocks climbed higher Friday, as fears of increased violence in Libya ebbed and currency interventions helped to relieve investor worries over Japan's economy.
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Libya, Mid East in focus, seen driving up oil risks

UN-sanctioned aerial and naval attacks on Libyan air defense and ground forces at the weekend are likely to see oil prices vault higher this week, overcoming demand-side jitters stemming from Japan's earthquake and Chinese monetary tightening.
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IBM pays $10 million to settle bribery complaint

IBM has agreed to pay $10 million to settle a complaint its employees tried to bribe South Korean and Chinese officials with cash, gifts and entertainment in return for business for more than a decade.
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U.S. says Samsung SDI to pay fine for price-fixing

Samsung SDI Co Ltd <006400.KS> has agreed to plead guilty and pay a $32 million criminal fine for its role in a scheme to fix prices of color display tubes, the U.S. Justice Department said on Friday.
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Cisco to pay first-ever quarterly dividend

Top network equipment maker Cisco Systems Inc plans to pay a dividend for the first time, helping appease investors' concerns about slowing growth by returning more of its ample cash hoard.
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World Market Update 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.
Libya's leader Muammar Gaddafi

UN Approves Military Force Against Gaddafi Forces

The United Nations Security Council has approved military strikes on Libyan air defenses, a move following weeks of talks led by France, Britain and the United States to mobilize the international community to take action against the regime of Muammar Gaddafi, which is engaged in armed conflict with rebels.
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Nike quarterly profit misses view as margins fall

Nike Inc posted a lower-than-expected quarterly profit on Thursday as the world's largest athletic shoe and clothing maker was hit by the rising costs of oil, cotton and other commodities, and its shares fell more than 5 percent.
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Global Markets Overview 18/03/2011

U.S. stocks rallied on Thursday, bouncing back from three straight days of losses as better-than-expected reports on jobless claims and Consumer Price Index (CPI) buoyed sentiment, and FedEx Corp. boosted its profit forecast.

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