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Stock index futures fall on swine flu worries

U.S. stock index futures traded lower, suggesting a weaker start for Wall Street later on Monday as worries linked to a global swine flu outbreak added to U.S. bank stress-test jitters.

Asia stocks, commodities hit by swine flu

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Asian stocks fell about 2 percent on Monday as the outbreak of swine flu in North America hurt shares of airlines while prompting some market players to trim risky positions, hitting currencies such as the Australian dollar.
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Swiss ask U.S. to drop UBS tax evasion case

Switzerland, under pressure to join a global crackdown on tax fraud, asked the United States Saturday to drop a legal case involving UBS bank in return for a new tax accord the two countries are about to negotiate.
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G7 sees bank clean-up as critical for recovery

Global finance chiefs pointed to glimmers of hope that a deep recession might be easing but warned ahead of Friday meetings that they must clean up bank balance sheets to pave the way for recovery.
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North Korea to boycott nuclear talks: Russia

North Korea will stay away from international nuclear disarmament talks, Russia's foreign minister said on Friday after visiting the secretive state and pressing Pyongyang to return to the sputtering discussions.
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U.S. journalists face criminal trial in North Korea

North Korea will put two U.S. journalists arrested last month on its border with China on trial to face criminal charges, its media said on Friday, ratcheting up tensions already raised by a defiant rocket launch.
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Geithner says downturn may be easing

The global economic downturn has shown signs of easing in recent weeks, although significant risks remain, U.S. Treasury Secretary Timothy Geithner said before a meeting of G20 officials in Washington on Friday.
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Asian stocks slide; gold jumps on China hoard

Earnings disappointments drove Asian stocks lower on Friday, helping to snap the region's longest streak of weekly gains in 18 months, while gold shot to a three-week high above $910 an ounce after China revealed it now has the world's fifth-largest stock pile.
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Financials support Asia stocks; stress tests eyed

Asian stocks edged up on Friday, as financials gained on hopes that credit fears have eased, although the yen drifted higher with investors cautious until more details emerge on the U.S. Treasury's bank stress tests.
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China slams Japan PM over war shrine offering

China slammed Japanese Prime Minister Taro Aso on Thursday for his offering to the Yasukuni shrine for war dead, warning of damage to ties while the two Asian powerhouses grapple with financial woes and North Korea.
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Hyundai, tech fuel Asia stock gains

Stocks staged a comeback across most of Asia on Thursday as a larger-than-expected profit from Korea's Hyundai fed optimism that the auto sector could be nearing a turnaround and tech shares found strength on the back of buoyant earnings from Apple .
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Finance sector fears hit Japan stocks, yen firms

Japanese shares fell on Thursday as worries about the health of the global financial sector flared again after a larger-than-expected loss from Morgan Stanley and a report that top Japanese broker Nomura had also fallen deeply into the red.
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Toyota first-quarter global sales fall 27 percent

Toyota Motor Corp said on Thursday its group-wide sales fell 27 percent to 1.767 million vehicles in the first quarter of 2009, keeping it ahead of Volkswagen AG as the world's top-selling carmaker.
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Caution on banks keeps a lid on Asia stocks

Stocks in Japan and South Korea rose on Wednesday but most Asian markets slipped as caution spread, pushing up the U.S. dollar and yen, before official results of U.S. bank stress tests are released on May 4.
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Asia stocks up on Geithner but caution widespread

Asian stocks edged up on Wednesday supported by the top U.S. Treasury official saying most banks have adequate capital, but caution was likely to reign until official results of stress tests were released on May 4.
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Honda seen beating 08/09 profit estimate: report

Honda Motor Co's operating profit for the last financial year will likely beat the company's estimate by a small margin thanks to a weaker yen and better-than-expected sales in China, a newspaper said on Wednesday.
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Global debt write-downs may reach $4.1 trillion: IMF

Banks and other financial institutions around the world will eventually need to write down assets by $4.1 trillion in order for global financial stability to be restored, the International Monetary Fund said on Tuesday.
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No quick solution to financial crisis: IMF

Banks and other financial institutions around the world will eventually need to write down assets by $4.1 trillion in order for global financial stability to be restored, the International Monetary Fund said on Tuesday.
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Global debt writedowns may reach $4.1 trillion

Global write-downs of toxic debt among banks and other financial institutions in the United States, Europe and Japan could reach $4.1 trillion, the International Monetary Fund said on Tuesday.
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Rare talks among Koreas fizzle over venue row

Rare talks between North and South Koreas fizzled on Tuesday with the rivals unable to even agree on a venue for the meeting, which had already been clouded by Pyongyang's threat to restart its nuclear arms plant.
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IAEA urges sticking to talks with North Korea, Iran

U.N. nuclear watchdog chief Mohamed ElBaradei said on Monday more talk and deeper trust were needed to defuse nuclear disputes with North Korea and Iran, and urged Washington to stick to dialogue with both states.

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