CHINA

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BRIC demand bigger share of IMF votes

The leading emerging BRIC nations maintain their demand for a 7 percent shift in voting power to developing countries at the International Monetary Fund, Brazil's Finance Minister Guido Mantega said on Saturday.

G7 presses for stronger yuan

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The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.

G7 presses for stronger yuan, breaks no new ground

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The Group of Seven rich nations urged China on Saturday to strengthen the yuan, but gave no sign of how it might overcome Chinese resistance to that suggestion or resolve other tensions over global currency rates.
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G7 grapples with exchange rates and own future

Financial officials of the Group of Seven rich nations, which dominated global policymaking for decades, were set Saturday to discuss a diminished future for their group as it grappled with tensions over currency rates.
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First Solar shares up on potential index inclusion

First Solar Inc's shares surged nearly 5 percent on Friday, buoyed by news the U.S. solar power company will join the flagship S&P 500 stock index and after it landed a buyer for a 20-megawatt solar power project in Canada.
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IMF, World Bank warn on cooperation

The International Monetary Fund and the World Bank warned on Friday that the global economic recovery might falter as complacent policymakers lost their will to cooperate.
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Wal-Mart sees slow U.S. business recovery

Wal-Mart Stores Inc, the world's biggest retailer, sees a slow recovery from challenging U.S. business conditions, while its Asia operations are a little better, its Chairman Rob Walton said on Friday.
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World stocks tumble, dollar steady

Equity markets across the globe tumbled and the U.S. dollar broadly held firm on Friday as doubts grew about the pace of economic recovery and the week's major data on U.S. jobs loomed large.
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Asia shares skid, dollar firm before payrolls data

Asian shares fell on Friday as disappointing U.S. manufacturing data raised concern that its economic recovery may not be as fast as thought, while the dollar remained firm as investors booked profits on gains in higher-yielding currencies.
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World stocks tumble, dollar supported

World stocks fell and the U.S. dollar broadly held firm on Friday as doubts grew about the pace of economic recovery and the week's major data on U.S. jobs loomed large.
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Asia shares slump on U.S. data; dollar gains

Asian shares fell on Friday as disappointing U.S. manufacturing data raised concerns that its economic recovery may not be as fast as previously thought, while the dollar remained firm as investors booked profits on higher-yielding currencies.
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Elderly stroke risk reduced by moderate activities

A Curtin University of Technology study has found that regular moderate activity such as housework, gardening, or walking, can reduce the risk of ischemic stroke in the elderly. Ischemic stroke is caused by blockage of arteries leading to or in the brain.
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U.S. says Iran talks could open doors

The United States said on Thursday six-power talks with Iran had opened the door to better relations with the West but cautioned Tehran it must take concrete steps to prove it was not seeking nuclear arms.
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India rejects Chinese protest at Dalai Lama trip

Foreign minister S.M. Krishna said on Wednesday China should not object to the Dalai Lama's planned trip to a northeast Indian state, part of which Beijing claims in a festering border dispute between the two Asian powers.
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China marked 60 years with spectacle of power

China celebrated its wealth and rising might with a show of goose-stepping troops, gaudy floats and nuclear-capable missiles in Beijing on Thursday, 60 years after Mao Zedong proclaimed its embrace of communism.
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Target fined over lead paint in toys

The U.S. Consumer Product Safety Commission has fined discount retailer Target Corp (TGT.N) $600,000 for allegedly violating a federal lead paint ban on toys.
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U.S., Iran meet at six-power nuclear talks

The United States said it held the highest level direct talks with Iran in three decades on Thursday to try to put to rest Western suspicions Tehran is planning a nuclear bomb.
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IMF says global economic recovery has begun

The International Monetary Fund on Thursday declared that a global economic recovery has begun led by Asia, also cautioning that the strength of the rebound depended on a rebalancing of global growth.
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Capital markets feel economic squeeze-RBC report

Activity in global capital markets may be flat or even lower next year as the world economy struggles to pull out of recession, according to a survey released Thursday by RBC Capital Markets.

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