JAPAN

BOJ believes Japan in recession, stands pat on policy

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The Bank of Japan kept monetary policy unchanged on Thursday even as it lowered growth forecasts and estimated the economy tipped into recession early this year, disappointing analysts who felt the grim readings after last month's earthquake called for more policy easing.
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Index futures lower ahead of GDP data

U.S. stock index futures edged lower on Thursday, a day after the Nasdaq rose to a 10-year high and investors looked ahead to first-quarter growth data amid concerns the U.S. economy may be starting to slow.
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Stock index futures signal gains; GDP data eyed

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.1 percent, Dow Jones futures up 0.2 percent and Nasdaq 100 futures up 0.1 percent at 0840 GMT.
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Honda Q4 profit down 52 percent, gives no annual guidance

Honda Motor Co <7267.T> reported a 52 percent fall in quarterly operating profit and refrained from providing an outlook for the new business year as it struggles to measure the speed of its recovery after last month's earthquake in Japan.
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Dollar keeps falling after Fed, stocks buoyant

The dollar slid to three-year lows on Thursday, helping U.S. crude oil up to a 2-1/2 year high, and stocks rose worldwide as investors bet ultra-loose U.S. policy will continue to drive money into riskier assets.
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Dollar depressed, stocks cheer easy Fed

The dollar skidded to three-year lows on Thursday, pushing U.S. crude oil to a 2-1/2 year high, while Asian stocks rose as investors bet that the easy U.S. monetary policy will continue to drive money to riskier assets.
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Hyundai shares jump to record high after profit surge

Hyundai Motor Co <005380.KS> reported a 47 percent jump in quarterly profit on Thursday, sending its shares to a record high, with investors betting earnings will continue to grow as Japanese rivals struggle with a production slump.
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Hyundai gains on Japan rivals with strong Q1 results

Hyundai Motor Co <005380.KS> reported a 47 percent rise in quarterly profit on Thursday and said earnings would continue to grow thanks to strong global demand for new models and as Japanese rivals struggle with the aftermath of the March 11 earthquake and tsunami.
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Hyundai Motor Q1 profit up 47 percent on new models

South Korea's Hyundai Motor Co <005380.KS> reported a 47 percent rise in quarterly net profit on Thursday, driven by strong global demand for its new models and as its Japanese rivals grapple with the aftermath of the March 11 earthquake and tsunami.
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Dollar dismayed, Asia stocks cheer easy Fed

The dollar slumped to three-year lows on Thursday, pushing U.S. crude to a 2- year high, while Asian stocks rose as investors bet that the easy U.S. monetary policy will continue to drive money to riskier assets.
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Starbucks forecasts tepid 2011

Starbucks Corp warned that rising fuel and dairy costs will take a bigger chunk out of earnings than previously anticipated, and offered a full-year forecast that disappointed Wall Street.
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GE CEO Immelt says global economy is improving

General Electric Co believes the global economy is continuing to improve and that rising oil prices have not yet taken a toll on growth, the largest U.S. conglomerate's chief executive said.
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Durable goods data shows manufacturing sturdy

A key gauge of U.S. manufacturing rose in March and new orders in February were stronger than initially thought, indicating a vibrant factory sector even as the economy slowed in the first quarter.
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Bernanke seen indicating no haste to tighten policy

Federal Reserve Chairman Ben Bernanke on Wednesday will likely use his first-ever news conference on monetary policy to hammer home the case for a patient approach to withdrawing the central bank's extensive support for the U.S. economy.
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Wall Street edges higher on earnings, Fed on tap

Forecast-beating results from big U.S. corporations and expectations of more of the same easy money policies from the Federal Reserve lifted Wall Street on Wednesday, with stocks set to run higher after the S&P 500 moved above a technical resistance level.
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Wall Street set to rise on earnings, Fed on tap

Forecast-beating results from big U.S. corporations and expectations of more of the same easy money policies from the Federal Reserve lifted index futures on Wednesday, with stocks set to run higher after the S&P 500 moved above a technical resistance level.

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