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Report urges U.S. open door to China investment flood

Tens of billions of dollars of Chinese investment could flood into the United States in the next decade, creating a multitude of American jobs if officials do not succumb to a political backlash and throw up barriers, according to a report released on Wednesday.
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MasterCard profit jumps as consumers spend more

MasterCard Inc's first-quarter profit rose 24 percent, beating expectations, as people around the world spent more money and U.S. consumers even started using their credit and debit cards to buy more than the necessities.
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Investors move back into cash in April: Reuters poll

Investors pulled back some of their exposure to equities in April, buying bonds and turning to safe-haven cash amid worries that global economic growth could falter from its rapid pace, Reuters polls showed on Tuesday.
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China, Japan, South Korea wary of inflation risk: draft

Finance ministers of China, Japan and South Korea are mindful of the challenges from inflation, rising commodity prices and the increasing volatility of capital flows to the region, a draft statement seen on Tuesday ahead of a trilateral meeting showed.
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Infineon thrives on cars, hikes outlook

Infineon's decision to exit the wireless business to focus on chips for cars and energy-efficient machines has paid off, as strong second-quarter results let the German chipmaker raise its full-year outlook.
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Tokyo Electric may face $25 billion in liabilities: report

Tokyo Electric Power may be asked to shoulder half of an estimated $49 billion in total compensation for damages stemming from its crippled nuclear power plant with other power firms to bear the rest, a Japanese newspaper reported on Tuesday.
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April auto sales seen up but quake effects loom

U.S. auto sales are expected to show a 16 percent increase for April, as the sales crunch dealt by the Japanese earthquake and tsunami is not expected to show up in new auto purchases until May, automakers and analysts said.
U.S. Stocks

Stocks rise on Bin Laden Death

The dollar rebounded from three-year lows and U.S. crude slid more than 1 percent on Monday on the back of news that a U.S.-led operation killed Osama bin Laden in Pakistan.
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Quake sinks Japan April car sales to record low

Japanese new vehicle sales in April halved, sinking to the lowest monthly tally on record, as domestic automakers felt the full brunt of the March 11 earthquake that caused unprecedented disruption to car production.
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Stocks, dollar up after news bin Laden killed

The dollar rose from three-year lows, oil fell and world stocks put in gains on Monday after news Al Qaeda leader Osama bin Laden was killed by U.S. forces swept across thinly-traded financial markets.
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Dollar rises, oil slides after news of bin Laden's death

The dollar rebounded from three-year lows and U.S. crude slid more than 1 percent on Monday after news al Qaeda leader Osama bin Laden was killed in a firefight with U.S. forces reduced the perception of security risks facing the United States.

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