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Fiscal challenges loom for newly elected Japan Democrats

Japan's next prime minister began forming a government on Monday as investors worried the untested Democratic Party would overspend in a bid to revive the economy or would ruffle ties with Tokyo's closest ally, Washington.
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Mondobiotech eyes share issue every 2 months

Mondobiotech, which listed on the Swiss stock exchange last week, aims to raise 5-10 million Swiss francs ($4.7-9.4 million) every two months by issuing new shares, its chief executive said.
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Econ worries drag US copper down from 11-mth highs

NEW YORK - U.S. copper futures extended a pull-back from last week's 11-month highs Monday morning, as a sharp plunge in Chinese and U.S. equity markets curbed economic recovery hopes, and a firmer dollar combined to drag prices down to one-week lows.
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Vogo Fund to buy S.Korea card firm stake for $156 mln

South Korean private equity firm Vogo Fund is buying the 30.7 percent stake of two banks in a domestic card processing company for $156 million and is in talks with other banks to raise its holdings to more than 50 percent within this year.
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Oil drops to near $70, eyes weaker equities

Oil fell more than 3 percent to around $70 a barrel on Monday as a drop in China's key stock dented optimism about the pace of economic recovery and the U.S. dollar strengthened.
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Popcorn and Cereals Contain Good-For-You Antioxidants

Good news if you love to eat popcorn at the movies--your favorite snack is healthier than previously thought! New research shows that popcorn and cereals contain phenol antioxidants, thought to protect against heart disease and cancer.
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Detroit's car woes spread to California

For more than two decades, Frank Ramirez has made a living working an unusual job in Silicon Valley: assembling cars and trucks for Toyota Motor Corp and General Motor Co.
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Fed weighing delayed exit from mortgage purchases

U.S. Federal Reserve officials are thinking carefully about tapering off their purchases of mortgage debt to push the $1.45 trillion program into next year rather than end it on Dec. 31 as planned.
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Oil drops to $71, eyeing weaker equities

Oil fell more than 2 percent to around $71 a barrel on Monday as a drop in China's key stock dented optimism about the pace of economic recovery and the U.S. dollar strengthened.
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New flu hit estimated 10 percent of New Yorkers

The new H1N1 swine flu is estimated to have infected about 800,000 people in New York City in the spring, a top U.S. health official said on Sunday, citing a study due to be released later this week.
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In healthcare debate, both sides cite Kennedy

The day after U.S. Senator Edward Kennedy's burial, leading Democratic and Republican senators on Sunday seized on his reputation for compromise to call for cooperation in the healthcare debate but showed little give in their own positions.
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Regulatory questions for Astra, Boehringer drugs

BARCELONA - AstraZeneca and Boehringer Ingelheim both unveiled strong results for new heart drugs at the European Society of Cardiology congress at the weekend -- but neither is guaranteed a home run with regulators.
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AT&T looking to invest in India's BSNL -report

U.S. phone company AT&T (T.N) is in talks to buy a stake in Indian state-owned telecoms firm Bharat Sanchar Nigam Ltd [BSNL.UL], the Economic Times said on Monday, citing unnamed sources with knowledge of the development.

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