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World stocks tumble, dollar steady

Equity markets across the globe tumbled and the U.S. dollar broadly held firm on Friday as doubts grew about the pace of economic recovery and the week's major data on U.S. jobs loomed large.

Asia shares skid, dollar firm before payrolls data

Asian shares fell on Friday as disappointing U.S. manufacturing data raised concern that its economic recovery may not be as fast as thought, while the dollar remained firm as investors booked profits on gains in higher-yielding currencies.

World stocks tumble, dollar supported

World stocks fell and the U.S. dollar broadly held firm on Friday as doubts grew about the pace of economic recovery and the week's major data on U.S. jobs loomed large.

U.S. September auto sales plunge; GM, Chrysler hit hard

U.S. auto sales tumbled by 23 percent in September as showrooms emptied after the government-funded boom from the cash for clunkers program, with General Motors Co and Chrysler hardest-hit.

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Iran nuclear talks with U.S. and allies eases tension

Talks between Iran and six major powers over Tehran's nuclear program on Thursday opened the door to improved relations as Iran agreed to allow U.N. inspectors into a newly disclosed uranium enrichment plant.

U.S. says Iran talks could open doors

The United States said on Thursday six-power talks with Iran had opened the door to better relations with the West but cautioned Tehran it must take concrete steps to prove it was not seeking nuclear arms.

India rejects Chinese protest at Dalai Lama trip

Foreign minister S.M. Krishna said on Wednesday China should not object to the Dalai Lama's planned trip to a northeast Indian state, part of which Beijing claims in a festering border dispute between the two Asian powers.

China marked 60 years with spectacle of power

China celebrated its wealth and rising might with a show of goose-stepping troops, gaudy floats and nuclear-capable missiles in Beijing on Thursday, 60 years after Mao Zedong proclaimed its embrace of communism.

Target fined over lead paint in toys

The U.S. Consumer Product Safety Commission has fined discount retailer Target Corp (TGT.N) $600,000 for allegedly violating a federal lead paint ban on toys.

U.S., Iran meet at six-power nuclear talks

The United States said it held the highest level direct talks with Iran in three decades on Thursday to try to put to rest Western suspicions Tehran is planning a nuclear bomb.

IMF says global economic recovery has begun

The International Monetary Fund on Thursday declared that a global economic recovery has begun led by Asia, also cautioning that the strength of the rebound depended on a rebalancing of global growth.

Capital markets feel economic squeeze-RBC report

Activity in global capital markets may be flat or even lower next year as the world economy struggles to pull out of recession, according to a survey released Thursday by RBC Capital Markets.

China Parade Gives Clues To Military Capability

China's National Day military parade held no big surprises but there were tantalizing clues for experts assessing the modernization of the world's biggest fighting force.

Philippines braces for second stronger typhoon

Millions of people were battling on Thursday to cope with the aftermath of a typhoon that cut a destructive path through parts of Southeast Asia, killing 400, as an even stronger storm headed toward the Philippines.

U.S., Iran face off at six-power nuclear talks

Six world powers held talks with Iran on Thursday that U.S. officials said would need to convince them Tehran was prepared to show it was not hiding plans for a nuclear bomb.

Poor hit back at rich over new carbon emission demands

David Fogarty, Climate Change Correspondent, Asia

Daily Outlook - Oct 1

Warning on CIT; U.S. Outlook Brighter; Lewis to Step Down

Asia manufacturing picks up. but U.S. remains key worry

Manufacturing activity surged across Asia in September as demand picked up, although plans by Japanese manufacturers for record cuts in capital spending cast doubts on the strength of a recovery in the industrialized world.

Asia manufacturing picks up, U.S. remains key worry

Asian shares fall, weak dollar dents exporters

Asian shares fell on Thursday after negative news on U.S. jobs and manufacturing pointed to a patchy recovery in the world's largest economy, and as dollar weakness sparked concerns for exporters around the region.

China marks 60 years with spectacle of power

China celebrated its ascendance with a show of goose-stepping troops, gaudy floats and nuclear-capable missiles in the nation's capital on Thursday, 60 years after Mao Zedong proclaimed its embrace of communism.

Asia shares struggle, dollar on defensive

Asian shares fell on Thursday after a surprise drop in manufacturing in the U.S. heartland cast doubts on the strength of a global recovery, while the dollar was on the back foot against higher-yielding currencies.

South Korea, Japan lead in broadband quality study

South Korea surpassed Japan and Sweden to take the top spot in an annual ranking of broadband quality, helped by its government's efforts to boost it as an IT world leader, a study showed on Thursday.

Mongolia may add buyers to $2 bln coal mine

Mongolia's government, trying to sell a stake in a coal mine said to be worth around $2 billion, may allow multiple companies to buy into the deal rather than hand it to a single bidder, sources said.

U.S. Q2 GDP fall moderates, manufacturing still weak

The U.S. economy shrank less in the second quarter than first thought but negative news on jobs and on manufacturing in the country's Midwest in September pointed to a patchy recovery from recession.

10 Miniature City Marvels Around the World

If you've ever read the book Gulliver's Travels, and wondered how Gulliver felt when he was washed ashore from his shipwreck and woke up in a land of tiny people called Lilliput, here's your opportunity to find out.

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