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Daewoo Electronics play hard to get, Videocon edgy

India's leading consumer goods manufacturer, Videocon, is within an arm's length to acquiring South Korea's third largest electronics company, Daewoo Electronics, but certain riders attached by the ailing company relating to its takeover may persuade the Indian company to give it a second thought.

International Finance Corporation Refocusing on Africa

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The World Bank's private sector arm said on Monday it hiked investments in the Middle East and Africa by 80 percent in the year that ended in June due to higher demand in those regions and it aims to do more in 2007. We are refocusing on these countries, International Finance

Rewards, risks as Chinese embrace credit

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As China evolves from a nation of savers to one of borrowers and investors, banks are salivating over the prospects, but risks loom in a market where consumer credit is a novelty and competition is intensifying.
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Investor activism not welcome globally

The investing world today may be a global marketplace, but not every country is playing by the same set of rules when it comes to shareholder activism.
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Matsushita Creates Massive Plasma

Matsushita Electric Industrial Co. Ltd., the maker of Panasonic brand electronics, said on Monday it hoped to start selling the world's largest plasma television by early next year.
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Goal-line technology not yet an option: FIFA

FIFA will not consider using video evidence or other goal-line technology to determine if a goal has been scored until it is 100 percent reliable, spokesman Markus Siegler said on Monday.
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Qualcomm-favored technology on hold: report

A standard-setting organization has put on hold its review of an advanced wireless technology favored by Qualcomm Inc. due to a squabble involving Intel Corp., The Wall Street Journal reported on Monday.
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South Korea Game Makers Eye Global Expansion

testSouth Korea, home to the world's most sophisticated online games, is preparing an assault on North America, Japan and Europe, setting the stage for an international scrum in an industry poised to nearly triple in value in the coming years.
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Hyundai Chairman Chung Mong-Koo Arrested

South Korea has issued a warrant to arrest Chung Mong-koo, the chairman of Hyundai Motor group, on charges of misusing company funds, a senior prosecutor said on Friday.
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Ministers OK Plans to Deal With Oil Prices

Finance ministers endorsed proposals Sunday intended to make it easier for international lending institutions to deal with soaring oil prices, trade gaps and other problems that threaten to derail growth.
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Red hot emerging markets spark some investor worry

The headwind of rising U.S. interest rates may be about to ease, but investors are still facing tighter money across the board and some are beginning to sound warning bells about emerging markets as a result.

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