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Asia stocks, currencies rise on risk appetite

Asian stocks rose on Tuesday after U.S. equities hit a 13-month high, while central banks intervened to curb Asian currencies as funds flowed into riskier assets on expectations economic stimulus measures will continue.

Oil below $79 on global stock surge, weak dollar

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Oil prices eased to below $79 a barrel on Tuesday, as tropical storm Ida that cut U.S. oil and gas supplies was downgraded from a powerful hurricane and U.S. crude oil stockpiles were forecast to rise slightly.

Caijing's editor resigns with her editorial team

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Hu Shuli, the chief editor of Caijing, China's most influential business magazine, has submitted resignation with parent company Stock Exchange Executive Council (SEEC) agreeing to her request.
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Conditions in place for new food crisis, FAO warns

Poor nations battered by record food prices last year need international help to raise agricultural output given conditions are still ripe for another food crisis, the U.N. Food and Agriculture Organisation's chief said.
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Angolan oil output to surge over next 5 years

Angola's oil industry is booming as money pours in after the end of three decades of civil war, and officials say output could increase by as much as two-thirds over the next five years.
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China Oct car sales rise 75.8 pct on stimulus steps

China's passenger cars sales in October surged 75.8 percent from a year earlier, official data showed, extending the explosive growth in recent months as government incentive policies continued to lure customers.
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Audi volumes flat in Oct, tweaks car sales target

Volkswagen's premium carmaker Audi (NSUG.DE) tweaked its 2009 sales target higher by some 5,000 units to 925,000 vehicles, it said on Monday after revealing volumes edged 0.4 percent up in October.
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GM Oct China vehicle sales more than double year ago

General Motors Co said on Monday its China vehicle sales in October more than doubled from a year earlier, continuing a string of monthly sales records since the start of the year due to Beijing's stimulus policies.
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Myanmar's Suu Kyi optimistic after U.S. visit

Myanmar's detained opposition leader, Aung San Suu Kyi, expressed hope on Monday that U.S. engagement with the county's military rulers could spur democratic reforms, her lawyer said.
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China executes nine over Xinjiang riots: report

China has executed nine people convicted of violent crimes during ethnic rioting in the far western Xinjiang region in July, the first to be put to death over the unrest, the China News Service said Monday.
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AXA targets Asia growth in spite of China snag

French insurer AXA sought full control of its majority-owned Asian arm to get a tighter grip on the region's booming markets, and stuck with plans to grow in China in spite of regulatory obstacles there.
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Stock futures point to gains after G20

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.9 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 0.8 percent at 5:10 a.m. EST.
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Sands, Minsheng seek combined $7.35 bln in Hong Kong

A Las Vegas casino company and a Chinese bank have set the price range for their upcoming Hong Kong stock offerings, hoping to raise up to $7.35 billion combined in what would be the world's fourth- and fifth-largest IPOs of the year.
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G20 leaves door open for fresh pressure on dollar

The U.S. dollar may come under renewed pressure from emerging market currencies and the euro after a meeting of the world's top finance officials failed to take concrete action on rebalancing global money flows
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China presses developed world on policy after G20

China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations met in Scotland, said countries with global reserve currencies should work to maintain the currencies' value to avoid destabilising the world economy.

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