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Oil extends losses below $64 on economic worries

Oil edged down on Tuesday, on course for its fifth consecutive fall and longest losing streak since February, on worries about the economy that have brought the stock market rally to a halt and pushed the dollar higher.

Asia stocks up on tech, but recovery doubts dog

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Asian stocks edged up slightly on Tuesday but struggled after a slide the previous day, while the yen held gains against higher-yielding currencies as investors doubt the speed of the global economy's recovery.

Asia stocks struggle, yen gains on recovery doubt

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Asian stocks edged up slightly on Tuesday but struggled after a slide the previous day, while the yen held gains against higher-yielding currencies as investors doubt the speed of the global economy's recovery.
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Dell to grab more SMB market in China

Dell Inc., the world's second-largest PC maker, will devote more resources to the small-and medium-sized business (SMB) market in China as it considers the segment will be the first to climb out of the recession, said a senior company executive.
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Midday Minute - July 6 - Energy

Toyota to mass produce plug-in electric cars by 2012, EU pushes U.S., Japan to a climate change limit, China to build its biggest wind power facility
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Wrap up - July 6 - Energy

Emissions from U.S.power plants drop in 1Q, U.S. to deploy officials to China to highlight clean energy, Toyota's hybrid tops best-selling cars in Japan in June
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China says 156 dead in Xinjiang riot

At least 156 people have been killed in rioting in China's northwestern Xinjiang region, with the government blaming exiled separatists for the traditionally Muslim area's worst case of unrest in years.
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Chinese visit brings Italian deals worth $2 bln

Chinese President Hu Jintao's visit to Italy generated over $2 billion worth of deals between the two countries on Monday, including a Fiat SpA (FIA.MI) joint venture to produce cars and engines in China.
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NEC looks to resume overseas cellphone sales

NEC Corp, grappling with a steep drop in mobile phone sales in Japan, said on Monday it could resume overseas sales of cellphones next year, three years after losses forced it to pull out of China and Europe.
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China's Coal giant to invest $5.3b in Xinjiang by 2014

Shenhua Group Corp., China`s biggest coal producer, is to invest 36 billion yuan ($5.3 billion) over the five years to expand coal production capacity in Xinjiang Uygur autonomous region, a company executive said last Saturday.
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Suspected North Korea weapons ship heads home

A North Korean ship tracked by the U.S. Navy on suspicion of carrying a banned arms cargo is expected to return home on Monday after a voyage that tested U.N. sanctions aimed at punishing Pyongyang for its May nuclear test.
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World Bank tells G8: 2009 remains dangerous year

The Group of Eight nations should not presume a global economic recovery is near, World Bank President Robert Zoellick said in a letter to G8 host Italian Prime Minister Silvio Berlusconi obtained by Reuters on Monday.
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China builds $17.6 billion wind project: report

China will begin construction of a 120-billion yuan ($17.6 billion) wind power project in about two weeks in Gansu province as part of a major push to boost renewable energy and cut the nation's reliance on coal, the official Xinhua news agency reported.
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Porsche denies report more bidders for VW package

Porsche on Monday denied a newspaper report which said five more potential bidders have emerged for a Porsche-owned derivatives package which controls around 20 percent of Volkswagen voting shares.
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China tightens Web screws after Xinjiang riot

China clamped down on the Internet in the capital of China's northwestern region of Xinjiang on Monday, in the hope of stemming the flow of information about ethnic unrest which left 140 people dead.
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China officials call for displacing dollar, in time

The financial crisis has laid bare defects in the dollar-led global economy and the world should look to displace the U.S. currency, even if that will take many years, Chinese officials said in comments published on Monday.
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Asia stocks slip as safety favored

Markets got off to a hesitant start Monday as investor doubts on the staying power of a global recovery kept Asian stocks soggy and currencies subdued ahead of a much-expanded Group of Eight meeting this week.
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Caution rules on world economy before G8

Markets got off to a hesitant start Monday as investor doubts on the staying power of a global recovery kept Asian stocks soggy and currencies subdued ahead of a much-expanded Group of Eight meeting this week.

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