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Dollar falls on China comments, global stocks rebound

The U.S. dollar fell broadly on Tuesday after a Chinese official said the greenback could weaken further against other major currencies while European equities rebounded as investors picked up beaten-down shares.

Why people would love iCloud despite data vulnerability fears

Steve Jobs takes the stage to discuss the iCloud service at the Apple Worldwide Developers Conference in San Francisco
Big day for Apple and therefore for the rest of the world! People were happy watching frail looking Steve Jobs introduce a host of services, and one among the audience even shouted to the Apple CEO: We love you to which he responded that it helps. As the user reviews poured in following the WWDC, people appeared to be in love with Apple's ideas. But industry experts, rival corporations, music industry insiders and legal experts seem to have qualms about the possible implicati...
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Silicon Valley Bank parent eyes India, China

California-based SVB Financial , the parent of Silicon Valley Bank, is eyeing banking licenses in China and India, Asia's No.1 and No.3 economies, as part of its international expansion, its chief executive told Reuters.
China paper warns Google may pay price for hacking claims

Chinese officials call Google 'political tool'

Internet big Google is a political tool , a top Chinese official told a Beijing paper Monday, claiming the U.S. internet magnet's comments about hacking attacks linked to China is bad for their business.
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China paper warns Google may pay price for hacking claims

Google has become a political tool vilifying the Chinese government, an official Beijing newspaper said on Monday, warning that the U.S. Internet giant's statements about hacking attacks traced to China could hurt its business.
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Airline profit fears as trade fight looms with Europe

Global airlines will spell out the cost of a whirlwind of disasters, political unrest and high oil prices on Monday while mounting an all-out offensive against European plans to make them pay extra for carbon emissions.
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Investors stay wary before Prada's IPO show

Wealthy Asian buyers are used to jostling for seats at fashion house Prada's catwalk shows, but investors may baulk at the price of its upcoming $2 billion initial public share offering in Hong Kong.
France's Finance Minister Lagarde arrives to attend the 17th Children's Parliament at the National Assembly in Paris

Lagarde likely to head IMF - Nikkei

French Finance Minister Christine Lagarde is most likely to head International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington, reported Reuters.
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China says will not threaten anyone with modern

China's defense minister sought to reassure Asia Pacific neighbors on Sunday that his country's growing economic and military power was not a threat, as long-running maritime disputes in the region flare up again.
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Lagarde likely to be next IMF chief: report

French Finance Minister Christine Lagarde will likely become the next head of the International Monetary Fund , with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington.
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Toyota president sees return to full output from November

The president of Toyota Motors <7203.T> said on Saturday he expects the automaker to resume full production globally in November and its Japanese output is expected this month to recover to 90 percent of levels seen before a March earthquake.

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