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Earnings loom, dousing global stocks rally

Asian stocks tumbled on Wednesday and the U.S. dollar climbed, with investors bailing out of recent positions and camping on the sidelines to await company outlooks as what is expected to be a grim results season begins.

Corporate results loom, weighing on Asia stocks

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Asian stocks slid for a second day on Wednesday while the U.S. dollar climbed, with investors fleeing to the sidelines to await companies' business outlooks as what is expected to be a grim results season begins.
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Obama warns North Korea against missile test

The international community will take steps if North Korea goes ahead with a planned missile launch to show Pyongyang it cannot act with impunity, U.S. President Barack Obama said on Friday.
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Hyundai to go ahead with eco cars

Hyundai Motor Group, the world's No. 5 automaker, will go ahead with plans to develop environment-friendly cars despite the segment's low profitability and an industry downturn, a senior executive said on Thursday.
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North Korea starts fuelling rocket

North Korea has begun fuelling a long-range rocket and could launch it by the weekend, CNN said, with the United States and others promising punishment for a move they say violates U.N. resolutions.
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GM and Ford offer job-loss payments to boost sales

General Motors Corp and Ford Motor Co announced a new series of incentives covering payments if customers lose their jobs, joining rivals in offering heavy discounts to attract consumers sidelined by the recession.
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Ford to cover payments if customers lose jobs

Ford Motor Co introduced an incentive covering payments for up to a year if customers lose their jobs, joining rivals in offering heavy discounts to attract consumers sidelined by a deepening recession.
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Steady after run-up; oil edges down

Global shares paused for breath on Friday at the end of a week that saw them gain nearly 7 percent on tentative hopes of economic recovery, while oil slipped below $54 a barrel after touching a 2009 high.
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Asian shares hit 11-week high

Asian shares hit their highest level in 11 weeks on Thursday on hopes the U.S. economic downturn may be easing, while the dollar recovered after its latest wobble about its status as the main reserve currency.
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North Korea missile on launch pad: U.S. officials

North Korea has positioned what is believed to be a long-range ballistic missile on a launch pad in what could be a preparation for launch, a U.S. counterproliferation official said on Wednesday.
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Obama dismisses idea of single global currency

U.S. President Barack Obama and his top two economic officials on Tuesday dismissed suggestions by emerging economic powers that the world move away from using the dollar as the world's main reserve currency.
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North Korea says to reopen hotline to South

North Korea said on Friday it will reopen a military hotline with the South, a move suggesting the secretive state may be tempering recent harsh rhetoric ahead of a widely condemned missile launch expected early next month.
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Samsung Elec, LG Display expect difficult year

Samsung Electronics and LG Display, two of South Korea's top technology companies, are bracing for a very difficult year and remain cautious on any near-term recovery in the battered sector.
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North Korea gives notice of April rocket launch

North Korea has given global agencies notice of its plans to launch a satellite from April 4-8, an official said on Thursday in a move Washington has called provocative and views as a disguised long-range missile test.
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North Korea accuses U.S. of plotting attack

North Korea's Foreign Ministry on Wednesday accused the United States of preparing for a war against the communist state in Pyongyang's first verbal criticism of the Obama Administration.

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