CHINA

Google distributes 5,000 units of Samsung Galaxy Tab 10.1 free

Google decided to ratchet up excitement around the Samsung Galaxy Tab 10.1, which runs its tablet specific OS Android 3.0, by giving it for free to 5,000 attendees at the Google I/O conference and incurring about $499 per piece or $2.5 million in total.
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Toyota says yen threatens Japan output as Q4 tumbles

Toyota Motor Corp posted a steeper-than-expected fall in quarterly profits after Japan's biggest quake on record hit output, and lamented that making cars at home was tougher than ever now with disasters compounding the impact of a strong yen.
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China eases trade rules, allows U.S. fund sales

China on Tuesday pledged easier access for U.S. companies to key sectors of its economy by removing barriers to its huge market in government contracts and offering a foothold to U.S. mutual funds.
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Commodities recovery boosts Asian markets

Asian shares firmed on Wednesday as rising global commodity prices boosted energy and resource stocks, while investors largely shrugged off data from China suggesting growth there is starting to slow.
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China's April inflation higher than expected

China's inflation eased a touch to 5.3 percent in the year to April from a 32-month high of 5.4 percent in March but was still higher than expected, keeping the door open for more tightening steps.

Which countries have the largest gold reserves?

Governments, or nowadays central banks, are traditionally the largest holders of gold. And for most of the past two decades, central banks have been net sellers of gold. But since 2010, central banks are net buyers again, because central banks of emerging market economies are aiming to diversify their ever growing currency reserves and reach a similar level in gold reserves as the club of old industrial economies.
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Utilities advance market as leadership shifts

Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.

How the US government scams Treasury holders

The US government can’t possibly pay back its $14-trillion debt. Not fairly, at least. Instead, its strategy is to devalue the US dollar so that the nominal value of the $14-trillion debt becomes less in real terms.
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Utilities lift Wall Street as leadership shifts

Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.
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U.S. says China agrees market-opening steps

China has agreed to steps to open its government procurement market to more U.S. companies and let U.S. banks sell mutual funds in the country, a senior U.S. Treasury official said on Tuesday.
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China offers concession on key trade irritant

China on Tuesday pledged to make it easier for U.S. companies to win Chinese government contracts, addressing a long-standing complaint of foreign corporations seeking a piece of the fast-growing market.
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Wall St rises on China hopes, Internet deal

Wall Street edged higher on Tuesday as China's trade surplus eased fears about a slowdown in global economic growth and Microsoft said it would pay $8.5 billion in cash for Internet phone service Skype.

U.S.-China Clashes Laid Bare in Latest Talks

U.S. and Chinese officials in Washington on Monday laid out differences on human rights in China, U.S. exports on high technology products, and China's exchange rate as they held ongoing talks to resolve strategic and economic issues.

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