CHINA

Nokia shares up after Symbian sales commitment

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Nokia Oyj reinforced its commitment to its legacy Symbian platform on Wednesday, easing concerns it could face an awkward gap until the launch of new products under its planned Microsoft venture.
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US stocks open lower as oil weighs

US stocks opened lower in early trade on Wednesday, with S&P 500 Index losing 4.68 points, or 0.35 percent, to trade at 1,317.14 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 24.71 points, or 0.20 percent, to trade at 12,189.67. The Nasdaq Composite Index fell 0.61 percent to trade at 2,750.45.
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Futures edge higher as oil holds steady

Stock index futures edged higher on Wednesday as oil prices held steady after an OPEC official said the group saw no need for a meeting to discuss raising output even as turmoil in Libya continued.

Global Markets overview 09/03/2011

U.S. stocks ended higher on Tuesday, as oil prices eased to below $105 a barrel and financials rallied on upbeat profit forecast from the Bank of America.
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World Market Overview 09/03/2011

U.S. stocks rallied on the back of strength in financial shares after a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
Traders work on the floor of the New York Stock Exchange

Global Markets Overview 08/03/2011

U.S. stocks advanced on Tuesday as oil prices eased to below $105 a barrel and financials rallied after Bank of America announced plans to increase dividends in the second half of the year.
North Korean leader Kim Jong-il visits the Pyongyang Floriculture Institute

North Korea’s Appalling Food Shortage [VIDEOS]

Bad economy in most countries means the lack of benefits and job security for many and homelessness for a few. In North Korea, it means starvation/malnutrition for a substantial segment of the population.
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Stocks to open flat on oil uncertainty

U.S. stock index futures pointed to a flat open on Tuesday as more turmoil in Libya indicated a resolution was not close and a drop in oil prices failed to ease investor worry about the economic recovery.
Analysis: For China, new plan is a question of balance

China's Blueprint for Growth in the Next Five Years (SLIDESHOW)

It remains unclear whether Beijing's lofty rhetoric will achieve the desired results given political realities, the analyst says. Since reform and opening up of the 1970s, power has become increasingly decentralized in China meaning that the implementation of nationwide policy now necessitates a more prolonged process of consultation.
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World Market Overview 08/03/2011

U.S. stocks ended lower on Monday, led by declines from technology shares after Wells Fargo downgraded the semiconductors sector.
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Best Buy bets on inland China for growth

U.S. consumer electronics retailer Best Buy Co Inc said its retail strategy in China will focus on expanding its network into inland cities, where consumption is booming.
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IMF: Signs of overheating in emerging markets

Emerging market economies that powered the global recovery may be growing too fast for their own good as inflation pressures build, a top International Monetary Fund official said on Monday.

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