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Asia shares slump on U.S. data; dollar gains

Asian shares fell on Friday as disappointing U.S. manufacturing data raised concerns that its economic recovery may not be as fast as previously thought, while the dollar remained firm as investors booked profits on higher-yielding currencies.
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South Texas 1 reactor shut

STP Nuclear Operating Co's 1,280-megawatt Unit 1 at the South Texas nuclear power station in Texas shut by early Thursday from 92 percent early Wednesday, the U.S. Nuclear Regulatory Commission said in a report.
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Hugh Jackman, Daniel Craig sell out on Broadway

Hugh Jackman and Daniel Craig, best known for playing big screen action heroes Wolverine and James Bond, have drawn record ticket sales for their play A Steady Rain, but it drew mixed reviews on Wednesday after opening night.
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Asia manufacturing picks up. but U.S. remains key worry

Manufacturing activity surged across Asia in September as demand picked up, although plans by Japanese manufacturers for record cuts in capital spending cast doubts on the strength of a recovery in the industrialized world.
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Japan's Toshiba, Fujitsu conclude hard drive deal

Japan's Toshiba Corp said on Thursday it has taken over Fujitsu Ltd's loss-making hard drive business as it seeks to eke out growth in notebook PC hard drives in a market dominated by bigger rivals.
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Asia manufacturing picks up, U.S. remains key worry

Manufacturing activity surged across Asia in September as demand picked up, although plans by Japanese manufacturers for record cuts in capital spending cast doubts on the strength of a recovery in the industrialized world.
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Asian shares fall, weak dollar dents exporters

Asian shares fell on Thursday after negative news on U.S. jobs and manufacturing pointed to a patchy recovery in the world's largest economy, and as dollar weakness sparked concerns for exporters around the region.
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Seven & I H1 profit falls 20 pct, keeps outlook

Japan's largest retailer Seven & I Holdings on Thursday posted a 20 percent drop in first-half operating profit as it considers closing 16 percent of its supermarkets to cope with a sharp sales decline, and it kept a recently revised-down forecast.
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Asia shares struggle, dollar on defensive

Asian shares fell on Thursday after a surprise drop in manufacturing in the U.S. heartland cast doubts on the strength of a global recovery, while the dollar was on the back foot against higher-yielding currencies.
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Citi closes sale of Nikko Cordial to SMFG

Citigroup completed the sale of its Japanese brokerage Nikko Cordial Securities to Sumitomo Mitsui Financial Group, one more step in the U.S. bank's plans to shed non-core assets.
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Citi closes $8.7 billion sale of Nikko Cordial

Citigroup completed the sale of its Japanese brokerage Nikko Cordial Securities to Sumitomo Mitsui Financial Group , one more step in the U.S. bank's plans to recoup losses from the financial crisis.
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South Korea, Japan lead in broadband quality study

South Korea surpassed Japan and Sweden to take the top spot in an annual ranking of broadband quality, helped by its government's efforts to boost it as an IT world leader, a study showed on Thursday.
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Hugh Craig, Daniel Jackman sell out on Broadway

Hugh Jackman and Daniel Craig, best known for playing big screen action heroes Wolverine and James Bond, have drawn record ticket sales for their play A Steady Rain, but it drew mixed reviews on Wednesday after opening night.
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Japan transport minister says govt to back JAL

Japan's prime minister and transport minister said on Wednesday the government was ready to support Japan Airlines Corp, aiming to dispel worries over the viability of the loss-making carrier.
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Free-to-air services help mobile TV market: chip firm

Fast uptake of free-to-air mobile TV services in Asia, Latin America, the Middle East, Africa and Eastern Europe is breathing new life into the ailing mobile TV broadcasting market, chip firm Telegent Systems said.
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U.S. Q2 GDP decline eases; manufacturing still weak

The U.S. economy contracted in the second quarter more slowly than initially thought, but negative news on jobs and on manufacturing activity in the country's Midwest region in September pointed to a patchy recovery from recession.
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Wall Street set for higher open on encouraging GDP

Wall Street was set for a higher open on Wednesday as data showing the U.S. economy contracted at a slower-than-expected pace and robust factory activity from Asia gave investors more confidence about the economic recovery.
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Toyota plans huge U.S. recall for dangerous floormats

Toyota Motor Corp said it will recall some 3.8 million vehicles in the United States because of the risk that a loose floormat could force down the accelerator, a problem suspected of causing crashes that have killed five people.

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