CHINA

U.S. Stocks Fall, Enabled by Weak Economy

An employee of the Tokyo Stock Exchange is seen at the centre where it monitors stock trading, at its headquarters in Tokyo
World shares regained some ground Wednesday after investors were comforted by the Fed's pledge to keep interest rates near zero for two more years. Despite this, losses on Wall Street ran rampant.
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China's Aircraft Carrier 'Varyag' Sets Out for Sea Trial

China's first aircraft carrier -- which attracted worldwide attention among fears that the second-largest economic powerhouse in the world is rapidly bolstering its military powers -- set sail on Wednesday for its sea trial.
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China July exports hit record high, surplus swells

China's exports hit a record high in July as shipments to Europe and the United States proved surprisingly buoyant, allaying concerns that debt problems abroad may hold back the world's No. 2 economy.
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China July exports top forecast, surplus swells

China's exports were surprisingly buoyant in July as shipments to top trade partner Europe jumped by the most in at least a year, allaying concerns that debt problems abroad may hold back the world's No. 2 economy.
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BHP Billiton sees weak European, U.S. growth for years

BHP Billiton , the world's biggest miner, expects weak growth on both sides of the Atlantic to persist for many years as Europe and the United States deal with their debt crises, heightening the reliance on China's fast-growing economy.
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China says U.S. likely to launch QE III easing

The United States could launch a new round of quantitative monetary easing, China's top economic planner said on Wednesday in a statement addressing the country's future inflation risks.
OPEC building is pictured in the centre Vienna September 14, 2010.

U.S., OPEC cut world oil demand growth on economy

Global oil demand will grow less than previously projected this year, according to forecasts on Tuesday from the U.S. and OPEC, as a worsening economic outlook will curb consumption in developed countries.
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Keanu Reeves in financing talks for directorial debut

Keanu Reeves is in negotiations with China Film Group and Village Roadshow Pictures to get funding for "Man of Tai Chi," a Mandarin-and-English-language movie that Reeves will star in and direct, individuals familiar with the project told TheWrap.
Australia's Share Markets

Global Markets Overview 08/10/2011

U.S. stocks soared in turbulent trading Tuesday, coming off the worst three day selloff since the financial crisis, as investors took in stride the Federal Reserve's pledge to keep interest rates near zero at least through mid-2013.
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World stocks rebound as Wall Street halts rout

World stocks rebounded from a 10-day rout on Tuesday as investors looked to the Federal Reserve to calm markets, though rallies in gold and the Swiss franc showed some were clinging to safe assets.

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