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Euro steady but cautious after Greek deal

The euro steadied after an initial jump and European stocks were lower after the agreement of a second bailout deal for Greece removed the threat of a disorderly bond default but left markets unconvinced it could avoid further turmoil.

Asian Stocks Unmoved by Greece's Bailout Deal

Asian Stock Market
The euro jumped and U.S. Treasuries dipped on Tuesday after eurozone policymakers agreed to a second bailout package for Greece in talks that went deep into the night in Brussels, but concerns that the deal is only a short-term fix kept stocks subdued and Asian stocks unaffected.
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China impressed by Ireland's hi-tech industries

Ireland's reputation as a technology hub is a big draw for China, the Chinese leader-in-waiting Xi Jinping said at the end of a three-day visit, his only European Union stop on a world tour.
Japan's first trade deficit since 1980 raises debt doubts

Japan Trade Deficit Up on Aftershocks from Earthquake

Japan reported a record-high balance of trade deficit in January as last year's tsunami combined with floods in Thailand, the Eurozone's sovereign debt crisis, a slowing Chinese market and a soaring yen to leave the world's third-largest economy with its first trade deficit since the last century.
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Bullish hedge funds hike their bets in 2012 rally

Hedge funds are cranking up their bets in equities and credit in 2012's buoyant markets in the belief that the euro zone, U.S. and Chinese economies will fare better than many were fearing last year.
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Bank of China moves closer to LME membership

Bank of China International is on track to become the first Chinese member of the London Metals Exchange - giving the bourse a boost while it is considering possible takeover bids - following authorization by the UK financial regulator.
A policeman looks out from a balcony as the crowd is dispersed from the front of an Apple store in Beijing

Apple's Legal Woes in China Offer Hope to Rivals

Apple Inc's legal row over its iPad trademark in China creates a window of opportunity for rivals such as Lenovo Group Ltd and Samsung Electronics Co Ltd as they try to chip away at the U.S. firm's dominance of the potentially vast Chinese tablet market.
Reko Diq

Pakistan's Reko Diq Looking Less Prospective

Pakistan's Reko Diq, an untapped copper and gold mine of fabulous potential, was meant to be the biggest foreign investment in the country's mining sector, but it's beginning to look more like fool's gold to the companies involved.
Gold could hit $2,000 in 2012, according to the latest Thomson Reuters GFMS survey

Gold Prices up on Optimism about Greek Debt Fix

Gold prices rose more than half a percent on Monday as growing optimism that European leaders will sign off on a rescue deal for Greece lifted the euro, and after China's central bank further loosened monetary policy.
iOS 6

Apple's Legal Row in China Helps Its Rivals

Apple Inc's legal row over its iPad trademark in China creates a window of opportunity for rivals such as Lenovo Group Ltd and Samsung Electronics Co Ltd as they try to chip away at the U.S. firm's dominance of the potentially vast Chinese tablet market.
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China's Party leaders pledge prudent policies in 2012

China's ruling Communist Party leadership will implement prudent monetary policy and proactive fiscal policy in 2012, the official Xinhua news agency reported on Monday, reiterating the basic policy tone Beijing set at the end of last year.

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