CHINA

Dollar slips; mkt eyes US CPI, BoE for direction

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The dollar eased back on Wednesday from its biggest rise in three weeks the previous session, as traders awaited U.S. inflation data and minutes from the Bank of England's November meeting for further direction.
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China's Wen seeks to reassure Obama on trade

Chinese Premier Wen Jiabao told President Barack Obama his nation does not seek a trade surplus with the United States and wants to balance flows, striking a conciliatory note but avoiding public comment on currency rifts.
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Gold hits another high, Asian shares rebound

Gold hit another all-time high on Wednesday on worries about future inflation and economic uncertainties, while Asian stocks rebounded as the generally bearish dollar kept riskier assets in demand.
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Qualcomm CEO pins hopes on China

Qualcomm, the world's biggest chip maker, said on Tuesday that it expects to sell its TD-SCDMA chips in mainland China within the next year.
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Qualcomm CEO pins hopes on China,

Qualcomm, the world's biggest chip maker, said on Tuesday that it expects to sell its TD-SCDMA chips in mainland China within the next year.
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China studying plan to delay final climate deal

China on Monday distanced itself from proposals to delay a binding climate pact to 2010, but might be willing to sign up to a political deal at climate talks next month if it includes strong commitments from rich nations.
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Climate deal must have immediate effect, Obama says

U.S. President Barack Obama said on Tuesday next month's climate talks in Copenhagen should cut a deal with immediate operational effect, even if its original aim of a legally binding pact is not achievable.
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China, U.S. eye pact to help troubled banks: sources

Chinese and U.S. regulators are negotiating a pact aimed at encouraging Chinese financial institutions to buy into small and medium-sized banks in the United States, bankers briefed on the plan said on Tuesday.
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Much work needed for 2010 Doha deal: WTO's Lamy

World Trade Organization members still have much work to do if they want to achieve their goal of reaching a new deal on opening up global commerce in 2010, WTO Director General Pascal Lamy said on Tuesday.
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China, US eye pact to help troubled banks -sources

Chinese and U.S. regulators are negotiating a pact aimed at encouraging Chinese financial institutions to buy into small and medium-sized banks in the United States, bankers briefed on the plan said on Tuesday.
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Obama says China agrees on Iran nuclear transparency

China and the United States agree Iran must show its nuclear program is peaceful and transparent, President Barack Obama said on Tuesday, but Chinese President Hu Jintao was more guarded on the dispute at a summit in Beijing.
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Denmark expects U.S. greenhouse gas cut at summit

Climate talks host Denmark said on Tuesday it expected Washington to pledge deep cuts in greenhouse gas emissions to help rescue a deal at a December summit even though a full U.N. treaty is out of reach.
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Dollar rebounds broadly as market digests Bernanke

The dollar rebounded on Tuesday from Monday's 15-month lows after Federal Reserve Chairman Ben Bernanke made rare comments about the dollar, encouraging traders to trim longer-term bets against the currency.
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Obama prods China on yuan but Hu silent on issue

U.S. President Barack Obama on Tuesday urged a reluctant China to let its yuan currency rise in value at a summit where strains over trade between the two giants crept into proclamations of goodwill.
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IMF head eyes global currency change, presses on yuan

The imperative of greater global currency stability means the world can no longer rely, as it has done since the end of the gold standard, on a currency issued by a single country, the head of the IMF said on Tuesday.

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