JAPAN

Toyota says China plant output to remain suspended

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Honda Motor Co halted production at a car making factory in southern China on Wednesday, making it the second car maker after Toyota Motor Corp to turn off assembly lines because of a strike at a supplier owned by Japan's Denso Corp.

Honda: China plants to restart, supplier strike ends

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Honda Motor Co said production at Chinese joint venture Guangqi Honda's two factories would resume on Thursday after a one-day disruption caused by a strike, now ended, at a Chinese factory of Japan's NHK Spring (5991.T).
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China labor strife silences Toyota, Honda plants

Japanese auto makers Toyota and Honda said major car factories in south China halted work on Wednesday due to strikes at parts suppliers, as worker discontent continued to jolt the industry and unnerve investors.
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Oil slides for 2nd day on surprise U.S. inventory gain

Oil prices fell for a second day on Wednesday, as much as 1 percent, on unexpected gains in U.S. crude and gasoline stocks in an industry report, while weak U.S. home sales drove equities lower and dampened risk appetite.
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Dollar and yen hold gains, yuan focus ebbs

The dollar and the yen were broadly steady on Wednesday while the euro and high-yielders were on the defensive as a recent risk rally appeared to have run its course and the euphoria from China's new yuan policy waned.
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Asia stocks fall, U.S. data fuels recovery fear

Asian stocks slid on Wednesday as an unexpected fall in U.S. home sales added to worries about the fragility of the global economic recovery and optimism over China's promise to make the yuan more flexible faded further.
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Apple says iPad sales hit 3 million as shares climb

Apple Inc said on Tuesday it sold 3 million iPads since the touch-screen tablet computer hit the market less than three months ago, boosting its stock two days before the company's iPhone arrives on store shelves.
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New strike in China affects supplier to Toyota and Honda

A strike at a Japanese car parts supplier in southern China forced Toyota Motor Corp to suspend production at a Chinese auto assembly plant on Tuesday, the latest in a string of labor-related disruptions at foreign-owned manufacturers across the country.
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Weak home data slices into shares, gold rises

Weak May U.S. housing data undercut stocks and sent U.S. Treasuries up, while Europe grappled with a fresh tremor to its banking system after Fitch downgraded French bank BNP Paribas (BNPP.PA).
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Europeans act alone on bank tax before G20

Germany, France and Britain announced plans on Tuesday to introduce a bank levy to help meet the costs of the financial crisis, without waiting for a G20 summit this week, underscoring a rift with key partners.
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Asian stocks fall as yuan euphoria fades

Asian stocks and commodities retreated on Tuesday as wary investors took profits from a rally ignited by China's weekend decision to give its currency more flexibility.
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Asia stocks fall as yuan euphoria fades

Asian stocks retreated on Tuesday as investors booked profits a day after China's weekend decision to give its currency more flexibility triggered a risk rally.
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China yuan rise accelerates move to risk

Stocks and commodities jumped on Monday and U.S. Treasuries fell after China let the yuan rise to the highest since July 2005, with more currency flexibility easing tensions with the West and encouraging investors to snap up riskier assets.
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Oil jumps towards $79 after China vows flexible yuan

Crude prices rose 2.2 percent on Monday to the highest since early May after China vowed to allow a flexible yuan exchange rate, raising expectations of higher petroleum imports by the world's second-largest oil user.
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Stock futures signal gains on China yuan move

U.S. stock index futures pointed to a higher open on Wall Street on Monday, rising alongside global stocks after China's vow to allow a flexible yuan exchange rate boosted investors' appetite for risky assets.
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China yuan change spurs jump into riskier assets

Stocks and commodities jumped on Monday and U.S. Treasuries fell as investors bet China will allow the yuan to rise after promising more currency flexibility, easing political tensions with the West and encouraging investors to snap up riskier assets.
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Global rally cools after China leaves yuan flat

Global markets celebrated on Monday at the merest hint that China would let its currency appreciate, showing just how badly the Middle Kingdom is needed to drive a recovery in the sagging world economy.
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China unleashes global rally with 'flexible' yuan

Global markets celebrated on Monday at the merest hint that China would let its currency appreciate, showing just how badly the Middle Kingdom is needed to drive a recovery in the sagging world economy.
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Tensions easing ahead of second half

Tensions in global financial markets stemming from the euro zone's sovereign debt crisis appear to be easing, setting the stage for investors to dip back into risky assets in the second half of this year.

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