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China Nuokang IPO falls in debut, Trony pulls IPO

Two Chinese companies struggled to gain a foothold in the U.S. equity markets on Thursday, with one falling as much as 11.1 percent in its first day of trading and another withdrawing its initial offering altogether.

Longyuan debut checked by UN carbon funding block

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Shares in China Longyuan Power Group Corp Ltd (0916.HK), the world's 5th-largest wind power generator, rose 9 percent on their Hong Kong debut though this was less than expected and came after a U.N. body blocked carbon financing for some China wind projects.

Obama calls for climate deal

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U.S. President Barack Obama urged world leaders on Thursday to break the deadlock at climate change talks in Copenhagen, even though many nations accused the United States of lacking ambition.
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China calls for more emissions cuts from U.S.

China's top climate envoy called on President Barack Obama to increase a U.S. offer to cut greenhouse gases, and said it would discuss a 2050 emissions goal only if rich nations offered more cash and carbon cuts.
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Iran may face new U.N. sanctions

The United States, Britain and France warned Iran on Thursday that it would face further sanctions if it continued to flout international demands that it halt sensitive nuclear activities.
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Soros sees $100 billion for climate talks

Billionaire financier George Soros outlined a way to unlock $100 billion (61.5 billion pounds) to help slow global warming on Thursday as talks on a new U.N. climate deal slowed over tough demands by the Pacific island state of Tuvalu.
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U.S. envoy makes some ground in North Korea visit

The U.S. envoy for North Korea failed to secure a firm commitment from the isolated state to resume nuclear disarmament negotiations but said on Thursday he had won assurance that it supported the languishing deal.
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FOREX-Dollar down vs euro; aussie and kiwi jump

The dollar fell against the euro for the second straight day on Thursday after a narrower-than-expected U.S. trade deficit for October and some improvement in jobless claims, reducing safe-haven demand for the greenback.
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China's Hu to woo central Asian energy suppliers

China aims to deepen energy ties with Central Asian states seeking new markets for their oil, gas and uranium, an official said on Thursday, ahead of a visit to Kazakhstan and Turkmenistan by Chinese President Hu Jintao.
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Australia dollar jumps on jobs; Asia stocks steady

The Australian dollar surged on Thursday after November jobs growth blew away expectations, while Asian stocks posted small gains ahead of a slew of Chinese economic data on Friday expected to reflect robust growth.
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U.S. favors early action on climate-friendly trade

The United States supports taking early action to liberalize trade in products that reduce greenhouse gas emissions and believes that could spur progress in broader world trade talks on environmental goods and services, a U.S. trade official said on Wednesday.
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U.S. sees robust climate talks, no reparations

President Barack Obama's top aides promised on Wednesday robust negotiations toward a global climate change deal this month, but firmly stated the United States does not owe the world reparations for centuries of carbon pollution
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China urges US to increase Copenhagen offer

China urged President Barack Obama to increase a U.S. offer to cut carbon emissions but its top climate envoy indicated willingness on Wednesday to compromise at a U.N. conference in Copenhagen.
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This Week In Petroleum - Released on December 9, 2009

With the emerging Asian economies rebounding from the global economic downturn faster than the G-7 economies, the Asia-Pacific region is the leading driver of global economic recovery and higher oil demand. Although the emerging Asian economies were generally less exposed to financial risks and credit default arrangements than the U.S. and European economies, many of them have taken strong stimulus measures throughout 2009 that are expected to boost domestic demand, financial credit, and greater...
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Obama rights record questioned ahead of Nobel prize

Two leading international human rights groups gave U.S. President Barack Obama mixed reviews on his human rights record on Wednesday, a day before he is slated to accept the 2009 Nobel Peace Prize in Oslo.
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Volkswagen buys $2.5 billion Suzuki stake

Germany's Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.
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VW buys $2.5 billion Suzuki stake

Germany's Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, tapping the Japanese firm's expertise in small cars and dominance in India as VW seeks to become the No.1 automaker.
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China urges U.S. to increase Copenhagen offer

China said on Wednesday it wanted the United States to offer sharper carbon cuts by 2020, and President Barack Obama's top aides promised robust engagement with world leaders at Copenhagen climate talks.
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Study finds benefits of soy after breast cancer

Is soy food helpful or harmful for women with breast cancer? Studies have yielded mixed results. A new study published today suggests that breast cancer survivors may benefit from eating moderate amounts of soy products.
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Myanmar junta calls detained Suu Kyi dishonest

Myanmar's detained opposition leader, Aung San Suu Kyi, has been insincere and dishonest in her offer to meet the country's military ruler and push for the lifting of Western sanctions, state media said on Wednesday.

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