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U.S. stock futures signal firmer start for Wall St

U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, extending the previous session's sharp gains and ahead of the start of third-quarter earnings season, with aluminium group Alcoa (AA.N) the first in line.

Stock futures signal firmer start for Wall St

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U.S. stock index futures pointed to a higher open for Wall Street on Wednesday, extending the previous session's sharp gains and ahead of the start of third-quarter earnings season, with aluminum group Alcoa the first in line.

Asia shares up as confidence in recovery grows

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Asian shares pushed up for a second day on Wednesday, with Taiwan's benchmark index nearing a 16-month high, as growing confidence in a strengthening global recovery boosted resource and financial companies.
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Obama's dilemma on Tibet and China

President Barack Obama breaks a precedent of not meeting with the Tibetan spiritual leader Dalai Lama during his five-day trip to Washington, but intends to meet the exiled leader sometime in December after his November Summit with Chinese president Hu Jintao.
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Oil states say no talks on replacing dollar

Big oil producing nations denied a British newspaper report on Tuesday that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the U.S. dollar with a basket of currencies in trading oil.
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Obama breaks precedent by not meeting Dalai Lama

President Barack Obama will not meet the Dalai Lama during his five-day trip to the U.S. capital beginning on Monday, the first time in 18 years the exiled Tibetan leader has visited Washington without seeing the president.
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China's Minsheng eyes control of U.S. bank UCBH: report

Minsheng Bank, China's first listed non-state lender, is looking to increase its stake in San Francisco-based UCBH Holdings Inc, in order to bolster the U.S. bank's capital, Bloomberg said, citing two people briefed on the matter.
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North Korea says ready to return to nuclear talks

North Korea on Tuesday signaled it could return to nuclear disarmament talks it had declared dead six months ago, but a report it was near restoring its atomic plant underlined the secretive state would keep the stakes high.
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China a bright spot for German luxury carmakers

The booming Chinese auto market continues to be one of the few bright spots for German luxury carmakers, which have drawn few benefits from a flurry of subsidy programmes like the U.S. cash for clunkers scheme.
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Major developing nations must peak CO2 by 2020: IEA

Carbon emissions from a group of richer developing nations including Russia, China, Brazil and the Middle East must stop growing by 2020 to control global warming, the International Energy Agency said on Tuesday.
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Global stocks firmer

The dollar fell broadly Tuesday while stocks rose after Australia's interest rate rise, the first in a G20 economy in more than a year, boosted confidence the global economic recovery is on track and others may follow.
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Oil jumps above $71 as dollar slips

Oil prices rose more than $1 to above $71 per barrel on Tuesday, helped by a fall in the U.S. dollar after a report Gulf Arab states were in talks to replace the greenback with a basket of currencies in oil trading.
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Low health spend blamed for India's child mortality

Nearly 2 million children under five die from lack of care in India every year, more than in any other country, said a new report released on Monday which blames poor public health spending and entrenched inequalities.
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FTSE up 0.5 pct early on; miners and banks advance

Britain's leading share index rose 0.5 percent early on Tuesday, drawing strength from a rebound on Wall Street overnight, with gains in banks and miners offsetting weakness in defensive telecoms and pharmaceuticals.
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Dollar falls after Australia rate hike; stocks firmer

The dollar fell across the board on Tuesday while world stocks rose after Australia became the first developed economy to raise interest rates in more than a year and data showed the U.S. services sector expanded for the first time since 2008.
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Australia central bank raises rates, more expected

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.
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Australia c.bank raises rates, more expected

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.

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