CHINA

Dip in China's FX reserves may hasten policy shift

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China's official reserves slipped to $3.18 trillion in the final quarter of 2011, signaling that the days of rampant export-led accumulation of foreign currency are numbered and that new monetary policy steps may be needed to counter capital outflows.
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Lamar Smith Reaffirms Commitment to SOPA

The lawmaker behind a bill to combat online piracy vowed on Thursday to press ahead in the face of fierce criticism from Internet giants such as Google and Facebook.
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Global shares gain as strong debt sales ease risk

Asian shares rose to a one-month high and the euro clung near its strongest in a week on Friday as strong demand for Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day.
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Clean energy investment hits record $260 billion

Global investment in clean energy hit a record $260 billion in 2011, up 5 percent from the previous year as investment in solar grew by more than a third despite shrinking profit margins, some bankruptcies and flagging share prices, a report said.
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Geithner urges more currency flexibility

Treasury Secretary Timothy Geithner said on Thursday that key emerging-market nations must let their currencies rise in value in order permit more stable global growth.
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Japan to Cut Iran Oil Imports

Japan has joined the U.S. in its economic efforts to pressure Iran to abandon its nuclear program by agreeing to buy less Iranian oil.
airline profits plunge

Several Airlines Embrace CO2 Trade, Buy Permits

Several big airlines are taking advantage of European carbon law by snapping up emission allowances at bargain prices, tuning out an outcry against the scheme by many non-EU airlines and shoring up demand in a market that saw prices cut in half last year.
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Analysis: In Latin America, business climate is king again

Here's an economic riddle of sorts: Which economy grew faster over the last seven years? A) President Hugo Chavez's Venezuela, famous for its forced nationalizations and 21st century socialism, or B) Chile, long renowned as a capitalist paradise for investors.
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China December inflation eases to 15-month low

China's annual inflation eased to 4.1 percent December, the lowest level in 15 months, giving the government more room to tilt economic policy away from restraining prices and towards supporting sagging growth.
Harper to visit China, s

Harper to visit China, seeking higher oil sales

Prime Minister Stephen Harper plans to visit China next month as his government looks to open new markets for oil sands crude in the wake of Washington's decision to delay approval of a major pipeline from Alberta to Texas.

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