CHINA

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Volatile prices to dim gold's glitter

High and volatile prices will continue to scare physical gold buyers in most parts of the world, but some markets such as China and Japan will remain strong, bullion dealers said.

Microsoft Files 26 U.S. Piracy Lawsuits

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Microsoft Corp. has filed 26 lawsuits accusing U.S. companies of selling pirated software, the latest move in its ramped-up efforts to boost sales by cracking down on illegal copies.
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FX risks mount for China firms as policy evolves

Chinese firms may for the first time face major currency risks in the coming year - not only because the yuan is rising but because officials are shifting more responsibility for risk from the government to companies.
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Rice says powers forced to take U.N. action on Iran

U.S. Secretary of State Condoleezza Rice said Iran's refusal to accept an international incentives offer to negotiate curbs on its nuclear programme will force major powers to decide on Wednesday to deal with the Islamic Republic at the U.N. Security Council.
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Alliance Talks to Start Amid Investor Concerns

As GM, Renault-Nissan prepare to pursue “exploratory” talks about a possible alliance, GM investors are wondering whether the partnership can benefit the world largest automaker, currently in the midst of a major restructuring.
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Africa, China Forge Closer Economic Ties

Chinese Premier Wen Jiabao recently ended a seven nation tour of Africa on June 25 in a bid to improve economic, social and diplomatic ties between China and Africa.
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Pension fund holds promise

China's efforts to defuse what experts have called its pension time bomb have created a multibillion-dollar opportunity for domestic and international fund managers.
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Asian Markets End Week With Rally

Asian markets rallied for a second day Friday, recovering from a plunge Tuesday that sent stocks in the region to their lowest levels in months.
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DuPont sees faster Chinese growth

DuPont Co., the second largest U.S. chemicals maker, said its strong double-digit revenue growth in China would accelerate while it increased investment and manpower in its fastest growing market.
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Canada Dollar Drops After China Ups Reserve Policy

The Canadian dollar fell hard against the the U.S. dollar on Friday after China's central bank decided to increase its reserve requirement, which triggered concerns about future demand for commodities.
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Toyota to Double Output in China Plant

Toyota Motor Corp. will double Camry sedan production capacity at its joint venture with China in the province of Guangzhou to 200,000 units by the end of this year, according to Reuters.
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Fed Officials Talk Tough on Inflation

Federal Reserve officials kept up their tough talk on inflation on Monday, bolstering expectations in financial markets that another rate increase is on the way at the Fed's policy meeting later this month.
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China makes U-turn to embrace efficient cars

Small cars were banned from Beijing's main roads less than a decade ago, as China's rulers worried that cheap, spluttering vehicles would clog lanes they hoped to fill with sleek modern autos.
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U.S. Treasury's Snow Says Inflation in Check

U.S. Treasury Secretary John Snow said on Friday he was confident the Federal Reserve will protect growth by keeping inflation in check, and denied the Bush administration was softening its strong-dollar policy.
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No Bubble to Burst in Commodities: PIMCO

The drop in oil and metal prices this week has raised fears that a speculative bubble in commodities is bursting, but giant U.S. fund manager PIMCO says fundamentals will hold up the asset class.
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Google, China Mobile Launch Phone Services

China Mobile (Hong Kong) Ltd., the largest mobile telephone provider in China, announced on Thursday that they and Google Inc. have been working together to bring internet search capabilities to China.
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China’s Yuan Breaks Exchange Rate Barrier

China’s yuan valuation broke through an important symbolic barrier against the dollar on Monday after the central bank lowered the mid-point of its currency just under the 8.0 yuan per dollar exchange rate.
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Gold Tops $700, at 25-year High

U.S. gold hit new 25-year highs on Tuesday on aggressive buying by investment funds, while oil soared as a letter from Iran's president to U.S. President George W. Bush failed to defuse tensions over Iran's nuclear program.
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Wanted: Investors for China's Guangzhou Airport

China's Guangzhou Baiyun International Airport, now pursuing a $2.16 billion expansion, is considering taking on foreign investors to help bankroll its rapid growth while beefing up management and service standards.
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India a Wealth Management Opportunity: Barclays

UK-based Barclays Bank Plc is looking to develop wealth management in India, where it sees potential in a growing middle class as well as non-residents, two senior executives told Reuters in an interview.

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