CHINA

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U.S. pressing China Green Dam concern on all fronts

The United States still hopes it can persuade China to abandon, or at least delay, its plan to require controversial filtering software on new computers, despite growing trade friction over the issue, a U.S. trade official said on Thursday.
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Brazilian miner Vale says no rush in China talks

Brazilian mining group Vale is in no rush to finish iron ore price talks with Chinese steelmakers and sees little possibility they could buy ore on spot markets, the company's chief executive said on Thursday.
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Britain says facing growing cyber security threat

Britain warned on Thursday of a growing risk to military and business secrets from computer spies and pledged to toughen cyber security to protect the 50 billion pounds ($82 billion) spent a year online in its economy.
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U.S. urges China to scrap Internet filter plan

China on Thursday stepped up accusations that Google is spreading obscene content, a day after U.S. officials urged Beijing to abandon plans for controversial filtering software on new computers.
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Asia stocks rally on steady Fed

Asian stocks rallied for a second day on Thursday after the Federal Reserve reinforced that interest rates will be kept at a record low for a while, but Treasuries extended losses as the Fed shied away from boosting debt purchases.
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China shuts sex health websites to ordinary users

Ordinary web users in China will be banned from surfing sex-related medical and research websites from next month, amid an Internet crackdown on pornographic online content, according to new regulations.
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Asia stocks rally on steady Fed, merger activity

Asian stocks rallied for a second day on Thursday after the Federal Reserve reinforced that interest rates will be kept at a record low for a while, but Treasuries extended losses as the Fed shied away from boosting its debt purchases.
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Nike orders disappoint, shares fall

Nike Inc reported a worse-than-expected global decline in forward orders, especially in its European region, sending shares of the world's largest athletic shoe and clothing company down nearly 5 percent in extended trading on Wednesday.
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China's Wugang stirves to make oversea deal

China's Wuhan Iron & Steel Inc (WISCO) made a nonbinding offer of $400 million for a minority stake in Brazilian miner MMX and its subsidiary MMX Sudeste Mineracao, MMX said on Tuesday in its website.
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World's rich lost 20 percent of wealth in 2008: study

The world's rich lost a fifth of their wealth in 2008 and the number of people with fortunes of more than $1 million fell 15 percent as the financial crisis wiped out two years of growth, a study showed on Wednesday.
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China's Sinopec to buy Addax for C$8.27 billion

Sinopec Group launched China's biggest-ever foreign oil acquisition on Wednesday, agreeing to buy Addax Petroleum Corp for about C$8.27 billion ($7.24 billion) to secure the Swiss oil explorer's high-potential oil blocks in West Africa and Iraq.
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OECD says downturn close to bottom

The economic outlook has improved for the first time in two years but soaring unemployment and ballooning budget deficits could knock a weak recovery off track, the OECD said on Wednesday.

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