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HSBC says first-quarter profits up

HSBC Holdings said first quarter profits were well ahead of last year, swelled by record results in its investment bank and resilience in Asia, but would have been down without accounting gains on its debt.

Stock futures lower after run-up

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Stock index futures fell about 1 percent on Monday as investors paused after a week when bank stress test results and optimism on the economy boosted the S&P 500 index into positive territory for the year and the Nasdaq closed out its ninth week of gains.

Stock futures lower after run-up; more banks issue stock

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Stock index futures fell about 1 percent on Monday as investors paused after a week when bank stress test results and optimism on the economy boosted the S&P 500 index into positive territory for the year and the Nasdaq closed out its ninth week of gains.
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Soros says economic downward trend easing: report

The downward trend in the financial crisis is easing and national economic stimulus packages are starting to work, billionaire investor George Soros was quoted as saying by a German newspaper on Monday.
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U.S. to make antitrust policy tougher: report

The U.S. government plans to reverse its antitrust policy and put more pressure on companies eyeing bigger market share through their dominance, the New York Times reported on its website.
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Soros says economic downward trend easing

The downward trend in the financial crisis is easing and national economic stimulus packages are starting to work, billionaire investor George Soros was quoted as saying by a German newspaper on Monday.
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Stock futures signal profit taking after rally

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 1.1 percent, Dow Jones futures down 1 percent and Nasdaq 100 futures down 1.5 percent, as investors were poised to book recent hefty gains.
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Oil falls from six-month high above $58

Oil fell $1 a barrel to below $58 on Monday, reversing some of the previous session's gain, pressured by falling European equities and caution over the pace of any global recovery.
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U.S. risks lost decade due to half-steps: Krugman

The United States risks a Japan-style lost decade of growth if it does not take aggressive action to stimulate its economy and clean up its banking system, Nobel Prize-winning economist Paul Krugman said on Monday.
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Asian shares hit seven-month high but some see pullback

Asian shares rose to their highest in seven months while the safe-haven dollar extended its decline on Monday, but warnings about an impending turnaround are growing amid weak corporate results and views that any global recovery will only be gradual.
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Asian shares gain but some see pullback ahead

Asian shares extended their rally on Monday and riskier assets such as the euro held on to recent gains, but warnings about an impending pullback are growing amid weak corporate results and views that any global recovery will only be gradual.
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Oil falls towards $58 on economy fears

Oil fell toward $58 a barrel on Monday, reversing some of the previous session's near 3 percent gains, as investors took profit amid warnings that any global recovery will only be gradual.
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Asian shares gain; some see pullback ahead

Asian shares extended their rally on Monday and riskier assets such as the euro held on to recent gains, but warnings about an impending pullback are growing amid weak corporate results and views that any global recovery will only be gradual.
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Global hoteliers look east as recession bites

Global hoteliers are pinning their hopes on the east's underserved leisure markets to offset falling revenue as holidaymakers and business travelers cut back to save money in the global downturn.
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New U.N. climate deal: not much bolder than Kyoto?

A planned new U.N. climate pact is shaping up to be a mildly tougher version of the existing Kyoto Protocol rather than a bold treaty to save what U.S. President Barack Obama has called a planet in peril.
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Improving markets helped banks pass stress test

U.S. bank regulators breathed a huge sigh of relief in early April when improving financial markets looked set to push the nation's 19 largest banks through the gauntlet of tough stress tests in reasonably good shape.
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Germany has plan for Opel if GM bankruptcy: paper

Germany has a plan to protect the assets of carmaker Opel from creditors if its U.S. parent General Motors is forced into bankruptcy next month, German Economy Minister Karl-Theodor zu Guttenberg said in an interview with a German weekly.
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Iran court to review U.S. reporter's case

An Iranian court will hear Iranian-American journalist Roxana Saberi's appeal against her eight-year prison sentence for espionage on Sunday, her lawyer said on Saturday.

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