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Global stocks drop on economic jitters

Asian stocks tumbled on Tuesday, as confidence in the recovery ebbed and falling commodity prices and a sharp drop on Wall Street spooked investors into taking profits and buying the yen for safety.

Asia stocks fall on economy doubts

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Asian stocks tumbled on Tuesday, after falling commodity prices and a sharp drop on Wall Street spooked investors into taking profits and buying the yen on speculation the rapid pace of recovery may not be sustainable.

Xstrata-Anglo deal could rattle steelmakers

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A $68 billion merger of coal giants Xstrata and Anglo American would rattle a global steel industry that is already reeling from a tie-up between two of its biggest iron ore suppliers.
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Nuclear nations rush to lock in uranium deals

A global shift toward nuclear power is prompting countries to rush to lock in long-term access to tight supplies of uranium, and China and India look to be the next players to get in on the action.
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CIC, Macquarie to lend $382 m to Aussie firm

The China Investment Corporation (CIC), the country's top wealth fund, is reported to have confirmed on Wednesday it would lend 200 million Australian dollars ($159 million) to Australia's leading property trust Goodman Group.
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China says Rio-BHP ore JV smacks of monopoly

Rio Tinto and BHP Billiton's proposed iron-ore joint venture has a strong monopolistic flavor and Chinese firms are actively seeking ways to cope with it, state media on Wednesday cited a senior official as saying.
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China warns Rio-BHP over ore venture

Rio Tinto (RIO.AX) and BHP Billiton's (BLT.L) proposed iron-ore joint venture has a strong monopolistic flavour and Chinese firms are actively seeking ways to cope with it, state media on Wednesday cited a senior official as saying.
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Oil slides 4th day; resource shares fall

Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.
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Oil slides 4th day; resource shares fall in Asia

Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand.
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Canada fund closes in on Macquarie Comms deal

A Canadian pension fund moved closer to sealing a takeover of Australia's Macquarie Communications Infrastructure Group on Tuesday, raising its offer to $1.3 billion and securing the approval of the two biggest shareholders.
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Australian companies accused of carbon deception

Some of Australia's biggest corporate names, including resource giants Rio Tinto and Woodside, may be investigated by consumer regulators over complaints they have been deceptive on climate change.
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SingTel launches music service for mobile phones

SingTel, Southeast Asia's largest telco, on Sunday launched in Singapore a service that lets mobile subscribers download music files and videos which it hopes to introduce to other parts of Asia.
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7 of the World’s Best Chinatowns

You know the neighborhood straightaway – Chinese signage, glowing red lanterns everywhere, maybe even some neon: you’ve stumbled into another urban Chinatown.
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China nets OZ Minerals assets, appetite undimmed

China cheered Australian investors with its undimmed appetite for resources assets as one state-owned firm, Minmetals, clinched a $1.4 billion deal and another, Chinalco, vowed to bounce back from the shock of its failed $19.5 billion Rio Tinto tie-up.
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Asia resource stocks soar

Asian stocks edged higher, powered by a sharp rise in commodity-related shares as oil prices extended gains on Thursday, keeping a rising trend in raw materials prices intact and boosting the Australian dollar.
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WHO declares first 21st century flu pandemic

The World Health Organization was poised on Thursday to declare that the new H1N1 virus has caused the first influenza pandemic in more than 40 years, health sources said on Thursday.
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WHO may be poised to declare flu pandemic

The World Health Organization has called an emergency meeting of experts on Thursday to discuss the spreading H1N1 flu outbreak, in a sign the U.N. agency may be poised to declare a pandemic.
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More Australia firms block social sites in downturn

More Australian companies are blocking access to social networking websites such as Twitter and Facebook, trying to make employees more productive in a sagging economy, the country's dominant phone company says.
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Bruised, China will shun mega-deals for now: bankers

China's pursuit of mega-sized deals with global leaders in strategic industries will slow as Beijing recovers from Anglo-Australian miner Rio Tinto's stunning rejection of a $19.5 billion tie-up with state-owned Chinalco.
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Shares, oil surge on recovery hopes; dollar slips

World stocks rose for a second day in a row on Wednesday as improving economic data in Asia and a weak dollar pushed oil to a fresh 7-month high above $71 a barrel, fuelling gains in resource-related stocks.
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Asian shares, oil rally on hopes for China

Asian shares rallied on Wednesday as reports of stronger-than-expected industrial output in China raised optimism about the global economy, lifting metals and oil prices at or near multi-month highs.
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Job outlook stable in many large economies: Manpower

A forward-looking measure of hiring expectations held steady in the United States and other large economies amid signs employment is starting to stabilize, but prospects in several countries worsened, according to a quarterly survey by Manpower Inc.
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WHO on verge of declaring H1N1 flu pandemic

The World Health Organization (WHO) is on the verge of declaring the first influenza pandemic in more than 40 years, but wants to ensure countries are well prepared to prevent a panic, its top flu expert said on Tuesday.

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