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South Korea regulators to review Hana loan to Lone Star

South Korean regulators are set to launch a probe into Hana Bank's 1.5 trillion won ($1.4 billion) loan to a unit of U.S. buyout fund Lone Star that holds a majority stake in Korea Exchange Bank <004940.KS>, an official said on Tuesday.

Prosecutors to drop charges against Strauss-Kahn

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Prosecutors will drop sexual assault charges against ex-IMF chief Dominique Strauss-Kahn at his next court appearance in two weeks, or earlier, because of doubts about the credibility of the alleged victim, the New York Post said Tuesday.

Hackitivism is about counter abuse; I'm not some cape-wearing hero: LulzSec mastermind Sabu

Disbanded hacker group, LulzSec's leader Sabu said, WikiLeaks founder Julian Assange's arrest prompted him to get involved with the hacker group Anonymous, in an interview with Newscientist. When I found out about what happened to Julian Assange, his arrest in the UK and so on, I found it absolutely absurd. So I got involved with Anonymous at that point, said Sabu. This is the first time a key LulzSec member is giving a media interview shedding light on hackers' beliefs, and mot...
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Equities settle after recent rally; Aussie dips

Asian stocks steadied near one-month highs on Tuesday as market players took a breather after five consecutive days of gains while the Australian dollar dipped ahead of a policy meeting of the country's central bank where it may signal a dovish stance.
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Asia stocks pause after 5-day rally

Asian stocks were steady near one-month highs on Tuesday as market players took a breather after five consecutive days of gains while the Australian dollar slipped ahead of a policy meeting of the country's central bank.
Unemployed worker Pollock carries a sign outside Cobo Center to demonstrate for jobs and good wages before start of press days at North American International Auto show in Detroit, Michigan

Detroit's dilemma: How to share gains with UAW

Over the past two years, Ford Motor Co has roared back from the brink of failure, won accolades for its gains in quality, posted its highest profits in a decade and rewarded patient investors with a 14-fold increase in its share price.
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World stocks at 4.5 week high, risk back in favor

World stocks hit a 4-1/2 week high on Monday as investors grew confident over global economic prospects after Greece avoided an early debt default and data pointed to a moderate slowdown in China's growth.

9 Reasons for Higher Treasury Yields

Since June 15, there has been a significant rise in Treasury yields. Below we present several reasons for the spike and why we think that interest rates will continue to move higher.
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Job cuts at major banks intensify: IFR

- Hundreds of bankers will lose their jobs over coming weeks, victims of what senior bosses say is likely to be an industry-wide culling of staff in response to a sharp downturn in demand for trading and investment banking services.
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Stocks at 4.5 week high, risk back in favour

World stocks hit a 4-1/2 week high on Monday as investors grew confident over global economic prospects after Greece avoided an early debt default and data pointed to a moderate slowdown in China's growth.
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Baidu picks Microsoft for English search

China's Baidu is to partner with Microsoft for English-language search, giving the U.S. software giant a chance to expand its tiny Web presence in a market Google has stepped back from, and helping the Chinese company's international ambitions.
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Anonymous hacker group hits Apple, publishes data

The Internet vigilante hacker group Anonymous claimed to have broken into an Apple Inc server and published a small number of usernames and passwords for one of the U.S. technology company's websites.

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