JAPAN

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China brings hope, threat to global automakers

Top auto executives projected sales growth of up to 10 percent this year in China, but this lone bright spot among the world's major car markets is also producing ambitious potential rivals to the global auto majors.

Asia governments dangle carrots to attract green money

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Asian governments are warming to the idea of offering incentives for green investment and could help attract billions of dollars in funding for solar and wind power industries struggling under tight credit conditions.

Japan banks bid for Citi's Nikko Cordial

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Mitsubishi UFJ Financial Group , Mizuho Financial Group and Sumitomo Mitsui Financial Group have submitted bids to buy the Japanese retail brokerage unit of Citigroup Inc in a deal that could raise about 600 billion yen ($6 billion), five people with direct knowledge of the sale said.
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Asia stocks edge up, but Aussie and oil retreat

Asian stocks edged up on Monday, holding near a six-month peak and withstanding an early bout of profit-taking as investors eyed a slew of corporate earnings reports around the world this week.
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Sony Ericsson says Android phone to take time

Sony Ericsson will take some time developing a phone using Google's Android operating system, its chief executive said on Friday, but declined to say when such a handset would be available.
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Regional powers aim to rein in North Korea

Russia's foreign minister will visit North Korea next week, a source said on Friday, as regional powers try to prevent the state from restarting its nuclear arms plant and defuse tensions that have rattled regional security.
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Volkswagen may oust Toyota as world leader

Volkswagen AG may have overtaken Toyota Motor Co to become the world's top-selling carmaker in the first quarter, thanks to government incentives that fueled demand in VW's major markets.
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VW sales may overtake Toyota as world leader

Volkswagen's global vehicle sales fell by 11.4 percent in the first quarter but its market share gains may have let it overtake Japan's Toyota Motor as the world's top-selling automaker.
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World stocks head for 6th week of gains

World stocks steadied on Friday but were still on track for a sixth consecutive week of gains, while the euro fell on worries about the region's prospects.
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Corporate results support stocks, outlook foggy

Asian stocks rose on Friday after results from JPMorgan and Google kept shares on track for a sixth week of gains, while the euro fell to a one-month low on uncertainty over what non-standard policy action the European Central Bank will enact.
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Corporate results support stocks but outlook hazy

Asian stocks rose on Friday and the yen slipped, after upbeat results from JPMorgan and Google kept a revival of risk taking alive, with Asian shares outside Japan on track for a sixth week of gains.
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Volkswagen may overtake Toyota as No.1 in Q1

Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests.
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Volkswagen could overtake Toyota as world No.1

Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests.
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Obama says U.S. high-speed rail overdue

President Barack Obama outlined his plan for long overdue high-speed rail on Thursday that would rival air travel, create jobs and help curb the U.S. transportation system's appetite for oil.
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Japan to pledge $1 billion to Pakistan amid worries

Japan promised on Thursday to pledge up to $1 billion in aid for cash-strapped Pakistan at a donors conference as allies pressed the country for commitments to fight an Islamist insurgency and implement economic reforms.
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Mixed data gives investors pause

World stocks eked out small gains on Thursday as mixed data from China and the United States reminded investors of the fragility of rebounding economies and markets.
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China growth slowest on record

China struggled out of the gate this year with its weakest quarter on record, but a pick-up in March showed the world's third-largest economy was on track for stronger growth in coming months.
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Asian shares pare gains on China's data

Asian stocks pulled back from a six-month high on Thursday, while the safe-haven yen jumped against major currencies after China posted its slowest quarterly growth ever in a reminder of the frailty of the global economy.
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Asian shares pare gains after China disappoints

Asian stocks pulled back from a six-month high on Thursday, while the safe-haven yen gained after China posted its slowest ever quarterly growth in a signal of the frailty of the global economy.
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Japan sees role for Iran in Afghanistan-Pakistan

A meeting of Pakistan's allies and donors this week could give Iran a chance to show willingness to play a more active role in stabilizing the region, Japan's special envoy to Afghanistan and Pakistan said on Wednesday.
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Toyota Prius orders to outpace Honda Insight: media

Toyota Motor Corp expects pre-sale orders for the new Prius hybrid to reach 40,000 units in Japan by the time it goes on sale in mid-May, a newspaper reported on Wednesday, a pace that would see it easily overtake Honda Motor's rival Insight model.

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