JAPAN

China urges other nations to accept rare earths position

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Countries that have come to depend on China for large amounts of rare earths metals should understand that Beijing has environmental concerns for curtailing exports, the Chinese Commerce Minister Chen Deming said on Monday.

Japan's PM hangs on but outlook grim

10. Naoto Kan, Prime Minister of Japan
Japan's unpopular Prime Minister Naoto Kan on Monday refused to step down after the resignation of his foreign minister over a political funding scandal that has added to pressure on him to quit or call a snap election.
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Terumo to buy CaridianBCT for $2.6 billion

Japanese medical equipment firm Terumo Corp <4543.T> plans to buy U.S. medical device company CaridianBCT from Sweden's Gambro AB for $2.6 billion, joining a list of firms eyeing to expand abroad via acquisitions.
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Japan's Foreign Minister Seiji Maehara bows at a news conference in Tokyo

Japanese foreign minister quits

The foreign minister of Japan, Seiji Maehara, has resigned his office after revelations emerged that he accepted a political donation from a foreign source (which is illegal according to Japanese law).
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Gold and iron expected to rise, copper steady

Gold should push higher from its near-record levels due to its appeal as a safe haven, while iron ore should regain its upward momentum on the back of red-hot industrial demand from Asia, forecasters told the world's larger mining conference on Sunday.
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World Market Overview 07/03/2011

U.S. stocks ended lower on Friday as a spike in oil prices (driven by deepening unrest in Libya) overshadowed a strong February jobs report.
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GFMS says precious metals prices may go higher

Euan Rocha and Julie GordonMetals consultant GFMS sees considerable upside in global precious metals prices as an investor safe haven, its Chairman Philip Klapwijk told the world's largest mining conference on Sunday.

China CIC official says hopeful of fresh funding

China Investment Corp, the country's $300 billion sovereign wealth fund, is counting on getting a fresh injection of cash from the government to invest abroad, a senior CIC official told Reuters on Friday.
Analyst View: China defense spending back to

Analyst View: China defense spending back to

China said on Friday its military spending for 2011 would rise 12.7 percent, resuming double-digit hikes that have stoked regional disquiet about Beijing's expanding strength.
Vertex Pharmaceuticals

Vertex Pharma stock hits new high again on positive study results

Shares of Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) touched a new 52-week high of $50.83 on Thursday. The company announced positive interim results on Wednesday from a Phase 2 two-part study of 'telaprevir' combination therapy for treatment of hepatitis C virus and human immunodeficiency virus, also known as HCV-HIV co-infection.
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Asia stocks head for biggest weekly rise in 3 months

Asian stocks are heading for their biggest weekly gain in three months on bargain-hunting after their recent drop while the euro perked up after the central bank signaled a rate hike as early as next month.
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Asia stocks set for biggest weekly rise in 3 months

Asian stocks were poised for their best weekly gains in three months as market players hunted for bargains while the euro perked up after the European Central Bank signaled a rate hike as early as next month.
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Nintendo has high hopes for 3DS

Nintendo Co Ltd said it has set ambitious goals for its newest handheld gaming system despite growing competition from smartphones like Apple's iPhone.
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Geithner plays down oil supply risks

Rich nations could tap strategic oil reserves if needed to ward off the risk that Middle East political unrest triggers an inflationary price spiral, Treasury Secretary Timothy Geithner said on Thursday.
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Geithner: Can tap oil reserves if needed

The United States and other major economies can tap strategic oil reserves if need be to keep soaring oil prices from derailing a global recovery, Treasury Secretary Timothy Geithner said Thursday.
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Oil reserves give price safety valve: Geithner

Rich nations could tap strategic oil reserves if needed to ward off the risk that Middle East political unrest triggers an inflationary price spiral, Treasury Secretary Timothy Geithner said on Thursday.
Makoto, who requested that his last name not be used, poses for a photograph as he looks at his cellphone which became an instrument of mental torture that nearly drove him to suicide when he was a high school student in Tokyo October 22, 2007.

More Japanese in 20s in suicides over lack of job

The number of Japanese in their 20s who committed suicide after failing to find a job rose by a quarter in 2010, although overall suicides fell to a nine-year low. Police figures released on Thursday showed 153 people aged 20-29 took their own lives in 2010 because of a failure to find work, with the age group accounting

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