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Fed's Reassurance, Earnings Optimism Lift Asian Shares

Asian shares gained on Thursday, retaining positive momentum as the Federal Reserve reassured markets that it will keep its highly accommodating stance to support growth, and optimism grew over strong corporate earnings after Apple Inc's robust results.
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Mad Cow Disease: Humans Are Safe, But Is Economy In Danger?

Mad cow disease has emerged once again in the United States, for the first time in six years. The Bovine Spongiform Encephalopathy infection was confirmed on Tuesday. Health concerns were allayed by the USDA, but economic concerns are taking their place.
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London Olympics 2012: German Athelete Ariane Friedrich Names and Shames Stalker

German high-jumper Ariane Friedrich has publicly revealed the identity of the man she says harassed her and e-mailed her pictures of his genitals. The 28-year old athlete, who is the midst of training for London's Summer 2012 Olympics, posted the alleged stalker's name, e-mail address, his hometown, and excerpts from the e-mails she received, reported MSN news. She has also filed a criminal complaint with authorities, who are now investigating the matter.

Argentina Boosted Gold Reserves When Price Was High

Argentina added to its gold reserves for the first time in nearly six years in September 2011 as the price hit record highs, mirroring the trend among emerging central banks to diversify further from paper currencies such as the U.S. dollar.
North Korea

North Korea Nuclear Test 'Ready Soon': Report

The unnamed source said the North had almost completed preparations for the nuclear test, which if it went ahead would draw strong international condemnation and further isolate the impoverished state from its sole major ally, China.
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Asian Stocks Mostly Lower Amid Uncertainty In Europe

Most of the Asian stock markets declined Tuesday, following losses on Wall Street overnight as increased political uncertainty in France and the Netherlands as well as disappointing Euro zone manufacturing and services PMIs weighed on the sentiment.
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Toshiba drops out of bidding for Elpida: sources

Toshiba Corp is no longer bidding for bankrupt Japanese chip maker Elpida Memory, sources close to the talks said, leaving a handful of foreign firms including SK Hynix and Micron Technology in the race to take over the company.

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