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Gold Prices Fall as Greek Default Worries Increase

Crushed ore facility
Gold prices fell on Thursday as the euro slid to a three-week low versus the dollar, pressured by news that European officials considered delaying a bailout package for Greece which fuelled fears the heavily indebted nation could face a chaotic default.

Bond Market Update: Rally in Corporates Disguises Churning, Convoluted Dynamic

Bond Market
A current rally in the sprawling $7.74 trillion field for corporate bonds, which are issued as debt by major American corporations, belies a great churning occurring just beneath the market's surface. Recently, Richard Prager, who heads the bond strategy desk at the world's largest asset management firm, put it succinctly: "Houston, we got a problem."
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WikiLeaks founder Julian Assange arrives at the Supreme Court in Westminster, on the second day of his extradition appeal, in London

Julian Assange joins outcast Simpsons for 500th episode

Wikileaks comes to Springfield as controversial figure Julian Assange joins the cast of The Simpsons for their milestone 500th episode on Sunday, which will see America's famous animated family being banished from their hometown.
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Global stocks fall as Greek bailout delay dampens mood

Asian shares fell and the euro slipped to a 3-week low on Thursday as another delay in cementing a crucial bailout for Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.
Obama

Obama courts dueling industries after piracy flap

President Barack Obama traveled to California on Wednesday for the first time since anti-piracy legislation pitting Hollywood against the tech sector got derailed, ramping up his election-year fundraising with events courting both dueling industries.
China's Vice President Xi Jinping

Remove Export Restrictions, China Tells U.S.

Addressing a gathering of U.S. business leaders, policymakers and academics in Washington, Chinese vice-president Xi Jinpin said that more balanced economic ties are needed for the crucial task of addressing the trade imbalance between the two major economies.
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Alibaba's Taobao at center of failed Yahoo deal: sources

Yahoo Inc's efforts to craft a complex $17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-growing online retail business owned by China's Alibaba Group, according to sources familiar with the matter.
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Asian Shares and Euro Drop on Delay on Greek Bailout

Asian shares and the euro fell Thursday as another delay in cementing a crucial bailout for stricken Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.
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Alibaba Group May Take Unit Private for $2.3B: Report

Chinese e-commerce group Alibaba may take its Hong Kong-listed unit Alibaba.com Ltd private at about the price of its 2007 initial public offering for about HK$18 billion ($2.3 billion), the Hong Kong Economic Times reported on Thursday, citing sources.
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Alibaba group may take unit private for $2.3 billion: report

Chinese e-commerce group Alibaba may take its Hong Kong-listed unit Alibaba.com Ltd private at about the price of its 2007 initial public offering for about HK$18 billion ($2.3 billion), the Hong Kong Economic Times reported on Thursday, citing sources.
Olympus Corp President Kikukawa speaks during a news conference in Tokyo

Olympus Ex-President and Other Execs Arrested

Three former executives of Japan's disgraced Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media reported.
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Olympus ex-president, others arrested: report

Three former executives of Japan's disgraced Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media reported.
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Tokyo prosecutors to quiz former Olympus: report

Three former executives of Japan's disgraced Olympus Corp face possible arrest this week over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media said on Thursday.
Fiscal stimulus measures amounting to about 5 percent of GDP will expire in 2013 unless Washington renews them

Payroll Tax 'Deal Is Done' in Major Victory for Obama

Negotiators Wednesday evening reached a sweeping tax cut deal that provides a victory to President Barack Obama and his fellow Democrats in Congress and frees Republicans of an issue that threatened to stalk them to the November elections.
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NetApp results meet estimates, spark relief rally

Data storage equipment maker NetApp Inc reported results in line with Wall Street projections, news that sent its shares surging nearly 8 percent in relief after disappointing results in past quarters.
Robert Pattinson

Bel Ami Trailer: Robert Pattinson Beds Thurman, Ricci, Thomas [VIDEO]

As the 'Twilight' phenomenon settles down, Robert Pattinson is proving that he has no plans to exit the spotlight. In the trailer, Pattinson beds the likes of Uma Thurman, Christina Ricci and Kristin Scott Thomas are sure to lure female fans to theaters. And if that's not enough, there's plenty of alluring drama to be found in the story. George mercilessly climbs the social ladder, even if it means seducing his close friend's wife.
Motorola Droid Xyboard 10.1

No Android 4.0 for Droid Xyboard 10.1: Buy an iPad 3 Instead?

Motorola announced it's road map for updating its Android tablets and smartphones in 2012, and the Droid Xyboard 10.1 won't get Android 4.0 until July at the earliest. Since the iPad 3 could debut in March, it might be a good time to try it instead of the Xyboard.
Sprint's new HTC Evo View 4G tablet is unveiled at the International CTIA wireless industry conference, at the Orange County Convention Center in Orlando

HTC EVO View 4G vs ZTE Optik: 7-Inch Sprint Tablet War

If you're a Sprint customer and you're torn between the HTC Evo View 4G and the ZTE Optik, here's what you need to know. We generally don't recommend data plans for tablets, but some people do find them necessary, and because Sprint offers both of these tablets on their network, you get them at a subsidized price. Their on-contract prices standout because the Optik is $100 with a new two-year contract compared to the $250 for the View 4G.
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GE's Rice sees China growth slowing in 2012

General Electric Co believes China's economy, a key source of revenue growth for the largest U.S. conglomerate, will slow this year but not substantially below 8 percent, said the executive who runs the company's international operations.

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