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Asian Markets Decline On Bank Downgrades, Factory Data

Asian shares fell Friday and the safe-haven dollar hovered near its highest in a week-and-a-half after weak manufacturing data from the United States, Europe and China heightened fears over the outlook for global growth.

Manufacturing Data Tells the Same Story

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Advanced readings for German flash PMI came in at 44.7 versus a consensus of 45.2 while the euro zone services came in slightly better than expected at 46.8 versus 46.4
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Indian Corporate Espionage

India's New Booming Sector: Corporate Espionage

According to a report, over 35 percent of Indian companies operating in various sectors across India are engaged in corporate espionage and spy on their employees via social networking websites -- even after they leave the company
Nikkei Stock Exchange

Asian Stocks Fall Amid Fading Greek Optimism

Asian markets fell Tuesday as investor concerns on the euro zone debt crisis were revived amid fading optimism after the Greek elections and increasing borrowing costs of Spain.
Exports Overstated by $9 Billion, Says Indian Government

RBI Rate Decision Pressures Delhi For Fiscal Action

The surprise decision Monday by the Reserve Bank of India to hold its interest rate steady because of inflation concerns puts fresh pressure on the ruling Congress Party to find a fiscal solution to the country's flagging economy.
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QElusional?

After the positive effects of the Greek election fade, markets will shift focus toward the Federal Reserve announcement scheduled for Wednesday.
Wine

US Sen. Coburn Seeks Cuts To Agro-Marketing Subsidies

As the U.S. Senate grapples with how to allocate about $100 billion a year for the next decade on food policy, one subsection of the farm bill is under attack, namely, the $200 million U.S. taxpayers spend every year to subsidize the marketing of well-established brands found in virtually every American pantry.
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Britain's Recession Woes Deepen As Exports Slump

Britain's goods trade deficit unexpectedly widened in April as exports plunged, raising the threat of a third quarter of economic contraction and adding urgency to new measures to foster growth as trading partners in the euro zone weaken.

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