JAPAN

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Japan machinery orders slump, signal weak investment

Japan's core machinery orders tumbled in July at twice the pace economists' had expected in a sign that companies are delaying investment due to worries about a strong yen, slackening global growth and slow progress in reconstruction from the March earthquake.

Romney puts China squarely in presidential race

mitt Romney
Republican presidential candidate Mitt Romney's threat to get tough with Chinese trade practices has moved China from the background to a potentially significant issue in the 2012 presidential campaign.
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Nvidia up on outlook, analysts skeptical

Shares of Nvidia Corp jumped more than 11 percent on Wednesday, as investors bet on strong sales for the company's chips used in mobile devices like smartphones and tablets.
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Traders work on the floor of the New York Stock Exchange

U.S. Stock Index Futures Rise

Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 1 percent, Dow Jones futures up 0.79 percent and Nasdaq 100 futures up 0.97 percent at 0900 GMT (5 a.m. ET).
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BOJ stays on hold after Swiss move

The Bank of Japan kept its policy settings unchanged on Wednesday, saving up its scant ammunition for later, while the yen stabilized in the wake of Switzerland's radical action to curb its soaring currency.
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Shaw to sell Westinghouse stake to Toshiba

Shaw Group said it will sell its 20 percent stake in nuclear power plant company Westinghouse Electric Co to Japan's Toshiba Corp to eliminate nearly $1.7 billion of debt and strengthen its balance sheet.
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Toyota aims for quake-proof supply chain

Toyota Motor Corp <7203.T> is working to create a robust supply chain that would recover within two weeks in the event of another massive earthquake like the one on March 11 that is still affecting output after six months, a top executive said.
Apple iPhone 4

Android Features Likely to be Missing in Apple's iPhone 5

The most-anticipated device of the year, Apple Inc.'s iPhone 5, is already facing stiff competition from Android smartphones amidst all rumors. The release date of the iPhone 5 is growing closer as the latest rumor has revealed that retailer Best Buy is set for an October launch.
A Honda sign is displayed outside SanTan Honda Superstore in Chandler, Arizona

Honda Recalls 962,000 Cars Worldwide

Honda Motor Co. is recalling 962,000 Fit, CR-V Crossover and Fit Aria vehicles worldwide because of defects in power windows and computer systems.
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Swiss strike blow against fear flows

Switzerland's central bank turned the tables on Tuesday on investors who have driven up the franc, sinking it nearly 9 percent to the euro, while European stocks eked out some gains after sharp losses a day earlier.
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Euro jumps, stocks retreat after Swiss move

Switzerland's central bank stepped in to stop investors driving up the franc on Tuesday, sending the euro up nearly 9 percent and stifling a tentative European stock recovery from sharp losses a day earlier.
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European Markets Stabilize after Monday's Plunge

European financial markets steadied Tuesday, with the euro jumping against the Swiss franc, after a sharp sell-off a day earlier due to fears for the euro zone's future and that of its banking sector.
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Europe steadies after day of turmoil

European financial markets steadied on Tuesday, with the euro jumping against the Swiss franc, after a sharp sell-off a day earlier due to fears for the euro zone's future and that of its banking sector.
A man scratches his head in front of an electronic board displaying falls in major market indices around the world, outside a brokerage in Tokyo

Asian Stocks Slide Again amid Euro Zone Worries

Asian shares fell and U.S. Treasury yields dropped to the lowest levels in at least 60 years on Tuesday on fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.
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Asian Markets Drop on European Debt Fears

Asian shares fell and the euro slipped Tuesday amid fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.
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Toshiba in talks to hike Westinghouse stake: report

Japan's Toshiba Corp is in discussions to buy out U.S.-based Shaw Group's 20 percent stake in nuclear power plant company Westinghouse Electric Co, the Wall Street Journal reported, in a deal that would erase all American ownership of the 125-year-old Westinghouse.
A view shows Toshiba Corp&#039;s logo at the fourth International Photovoltaic Power Generation (PV) Expo in Tokyo

Toshiba in Talks to Increase Westinghouse Stake: Report

Japan's Toshiba Corp is in discussions to buy out Shaw Group's 20 percent stake in nuclear power plant company Westinghouse Electric Co, the Wall Street Journal reported, in a deal that could erase any U.S. ownership of Westinghouse.
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Bank of Japan to stand pat but wary of yen spike

The Bank of Japan is expected to refrain from easing monetary policy this week, with the yen's retreat from its record high and a resilient stock market allowing it to save for later its limited options to support the fragile economy.
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G7 to seek ways to prop up global growth: source

Group of Seven financial leaders, worried about risks to global growth, are likely to agree this week to keep monetary policy accommodative, slow fiscal consolidation in countries where that is possible and implement structural reforms, a G7 source said.

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