JAPAN

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Daiwa to buy out SMFG from venture for $2.2 billion

Daiwa Securities Group said it would pay about $2.2 billion to buy out Sumitomo Mitsui Financial Group from their investment banking joint venture, leaving Daiwa vulnerable amid intensifying competition for deals in Japan.

Takeover target Suntory in talks to buy Orangina

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Japanese brewer Suntory Holdings, seeking overseas growth as Japan's population ages, is in talks to buy soft-drinks maker Orangina for at least the $2.6 billion that private equity firms including Blackstone paid for the company just three years ago.
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Stock futures rise; Texas Instruments eyed

U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.27 percent, Dow Jones futures up 0.24 percent and Nasdaq 100 futures up 0.21 percent at 4:46 a.m. EDT.
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China' next round of ore talks in jeopardy

China's next iron ore pricing negotiation is now in jeopardy after Rio Tinto suspended this year's talks with Chinese steel mills without agreement just two months before the 2010 round was due to begin.
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Talbots quarterly loss narrower than expected

Talbots Inc posted a narrower-than-expected quarterly loss on Wednesday, signaling that the retailer's push to turn around its business through cost-cutting and better merchandising is paying off.
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Lone Star's purchase of Japan REIT blocked: BLife

U.S. investment fund Lone Star LS.UL has been unable to get the green light from creditors for its planned acquisition of a failed Japanese real estate investment trust (REIT), the second time the deal has been blocked, rival bidder BLife Investment said.
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Talbots loss tops expectations

Talbots Inc posted a quarterly loss on Wednesday that was not as deep as expected, signaling that the retailer's attempts to turn around its business through cost-cutting efforts and better merchandising are paying off.
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EMC to invest $1.5 bln in India over 5 years

EMC Corp the world's top data storage equipment maker, said on Wednesday it planned to invest $1.5 billion in India over the next five years to mainly expand its research and development infrastructure.
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Asia stocks dip from 1-yr high, dollar bruised

Asian stocks drifted lower after hitting a one-year high earlier on Wednesday and the dollar was stuck near a one-year low as investors, hopeful of an economic recovery, held back from moving more money into risky assets.
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Asia stocks dip from 1-year high, dollar battered

Asian stocks drifted lower after initially hitting a one-year high on Wednesday and the dollar hovered near a one-year low, with investors taking a breather from moving money into riskier assets in the hope that the global recovery is strengthening.
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Japan's Democrats seek to finalize coalition

Japan's new ruling Democratic Party was set to press ahead on Wednesday with coalition talks that stumbled the previous day over plans for U.S. Marine bases, an issue that could cloud ties with Washington.
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AIG interviewing banks on Alico IPO: sources

American International Group Inc is interviewing banks this week to manage a planned initial public offering of life insurance unit American Life Insurance Co, sources familiar with the matter said.
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Honda sticks to fuel-cell car target

Honda Motor Co will maintain the target for lease sales of its newest fuel-cell car after over a year since its launch despite the challenge of boosting productivity, the model's chief engineer said.
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Suzuki to spend $215 million on new India factory

Japan's Suzuki Motor (7269.T) said it plans to invest about 20 billion yen ($215 million) to build a new car factory in India, aiming to upgrade its production facilities in the face of growing competition.
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Japan PM-elect backs 25 pct greenhouse gas cut

Japan's prime minister-elect said on Monday he will forge ahead with a tough 25 percent cut in emissions by 2020, despite growing opposition from industry which says the target will hurt the world's No. 2 economy.
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Final Fantasy XIII to launch December 17

Japanese videogame creator Square Enix Holdings Co said it would launch the latest edition of its Final Fantasy game series on December 17 in Japan, which may help sales of Sony Corp's PlayStation 3 in the key shopping season.
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Square Enix to launch Final Fantasy XIII on Dec 17

Japanese videogame creator Square Enix Holdings Co said it would launch the latest edition of its Final Fantasy game series on Dec. 17 in Japan, which may help sales of Sony Corp's PlayStation 3 in the key shopping season.
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Emerging stocks at pre-Lehman high

Emerging markets stocks hit a new year high on Tuesday, rising to levels last seen before the Lehman Brothers collapse, and world stocks headed firmly toward a new 2009 peak.
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Honda sticks to latest fuel-cell car target

Honda Motor Co will maintain the target for lease sales of its newest fuel-cell car after over a year since its launch despite the challenge of boosting productivity, the model's chief engineer said.
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Final Fantasy XIII to launch December 17 in Japan

Japanese videogame creator Square Enix Holdings Co said it would launch the latest edition of its Final Fantasy game series on December 17 in Japan, which may help sales of Sony Corp's PlayStation 3 in the key shopping season.

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