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Daily Outlook - August 17 - Energy

Crude oil futures declined to their lowest level in the entire month to below $66 per barrel on Monday on concerns over the economic recovery. Crude was trading down $1.42 at $66.09 per barrel in the New York Mercantile Exchange ahead of the opening of the market by 8:39 a.m. today.

China study urges greenhouse gas caps, peak in 2030

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China should set firm targets to limit greenhouse gas emissions so they peak around 2030, a study by some of the nation's top climate change policy advisers has proposed ahead of contentious talks on a new global warming pact.
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Asian stocks fall as investors cut recovery bets

Asian stocks tumbled to their lowest level in over two weeks on Monday as investors raked in profits amid gloomy U.S. consumer data and a growing belief that market valuations had overtaken economic fundamentals.
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Daily Wrap Up - August 14 Tech

Search market leader Google Inc holds greater loyalty among its users, who conduct more searches a month than those on Yahoo! and Microsoft, new data issued on Friday showed, posing a challenge for the new team of rivals to Google.
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Blackstone to launch 5 bln yuan Shanghai fund

Private equity firm Blackstone Group LP plans to launch a 5-billion-yuan ($732 million) fund that will primarily invest in the city of Shanghai, the city said in a statement on Friday.
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Q+A: China backs down from Internet filter plans

China has confirmed its back down from a plan to preinstall controversial Green Dam filtering software on all personal computers sold in the country, though it will still be rolled out in schools and Internet bars.
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Mid-day Minute - August 14 Tech

The U.S. government is covertly testing technology in China and Iran that lets residents break through screens set up by their governments to limit access to news on the Internet.
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After Suu Kyi verdict, should the West engage Myanmar?

Myanmar's reduced sentence for opposition leader Aung San Suu Kyi may be an indication the junta is becoming more sensitive to international pressure as it prepares a transition to civilian rule next year, analysts say.
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China South City aims for end-Sept HK IPO - source

China South City, a Shenzhen-based integrated logistics and trade centre operator, plans to raise at least HK$4 billion ($513 million) in a revived plan for its Hong Kong IPO by the end of September, according to a source familiar with the deal.
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Ping An's Q2 profit rises 34 pct as stocks rally

Ping An Insurance (Group) Co of China Ltd, the world's No. 2 life insurer by market value, posted a 34 percent jump in second-quarter earnings as China's stock market boom boosted investment returns.
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World stocks rally, China caps gains

World stocks hit 10-month highs for a second day running on Friday following upbeat growth data from the euro zone, but a fall in Chinese stocks and caution over the ongoing U.S. earnings season tempered gains.
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China names top energy official as nuclear corp head

China appointed a new chief for its top nuclear firm, China National Nuclear Corp (CNNC), after its former general manager was dismissed for seriously violating discipline, the official Xinhua news agency said on Friday.
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Japan shares hit 10-month peak on eurozone data

Japanese stocks ended at a 10-month high on Friday after upbeat eurozone growth data and positive earnings from the world's largest retailer helped offset gloomy U.S. retail and jobs data, factors which pulled down the dollar.
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Stocks, commodities rally on brighter Fed view

Asian stocks and commodities rose on Thursday after the Federal Reserve said it spotted stability in the U.S. economy, spurring investors to buy back shares and other riskier assets and sell U.S. dollars.

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