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U.S. trust in business bounces back from low

Trust in business has rebounded from 10-year lows in the United States, but the majority of Americans still do not count on corporate America to do what is right, according to a survey released on Thursday.

China's central bank reassures on monetary policy

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China's central bank pledged to maintain loose monetary policy to support the economy and said it would ensure sustainable credit growth without resorting to heavy-handed quotas to rein in a lending spree.

TSMC signals strong chips recovery

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TSMC , the world's largest contract chipmaker, underlined the strong recovery in the once-struggling sector as it clocked its biggest profit in three quarters and raised its capital spending target.
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World stocks, commods up after China, Europe earnings

World stocks and commodity prices rose on Thursday after China's central bank reaffirmed loose monetary policy and European corporate earnings cheered investors, while the dollar and government bond prices fell.
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Foxconn suicide turns spotlight on counterfeiting

One week after the apparent suicide of a Chinese factory worker accused of stealing a carefully guarded Apple iPhone prototype, one question remains unanswered: what happened to the missing phone?
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Oil dips towards $63 on US crude build, China fears

Oil eased toward $63 a barrel on Thursday, after sliding almost 6 percent the day before on data showing a jump in U.S. crude stocks, while the market kept an eye on measures by China to manage credit growth.
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China blames WUC's fake video as cause of Xinjiang riot (with video)

A netizen, who was said to be a key member of the World Uygur Congress (WUC), was blamed by Chinese authorities for fanning ethnic confrontation that caused the deadly July 5 riot in Urumqi by spreading a fake video online, state news agency Xinhua reported on Wednesday.
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China State Construction sees 28 billion yuan trapped in stock

China State Construction Engineering Group (CSCEC), the world's largest stock offering in 16 months, had 28 billion yuan capital trapped in stock at their debut in Shanghai as its price fell to 6.53 yuan compared to the opening price of 6.70 yuan.
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Wall St. sags; China stirs world economy fear

Stocks fell on Wednesday as investors worried that China's banks might be ready to hit the brakes on lending to stem market excesses, a move that could curb the global economic recovery.
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Wall St. slips amid China lending concerns

Stocks fell on Wednesday as investors worried that China's banks might be poised to hit the brakes on lending to stem market excesses, a move that could curb the global economic recovery.
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Intel sees no first-time PC buyers for netbooks

Intel Corp said on Wednesday it no longer expects netbooks to appeal to first-time computer buyers, but sees continued sales of the ultra-portable laptops as a secondary machine or a durable option for kids.
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BYD investors, fasten your seatbelts: Wei Gu

China's bubbly stock market is making heroes out of some unlikely companies. And none more so than BYD Co. (1211.HK), in which Warren Buffett plans to take a 10 percent stake.
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Japan carmakers in black, PSA, Daimler turn red

Japanese car manufacturers unexpectedly posted profits on Wednesday and Mercedes-maker Daimler forecast improving performance this year but clear signs of sustained recovery for the world's battered auto sector remained elusive.
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U.S. data, global steel and car outlooks cloud recovery

New orders for U.S. durable goods posted their biggest drop in five months in June while major global steel and auto companies said on Wednesday any return to growth would be gradual, casting doubt over some economists' forecasts for a recovery starting later this year.
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Wall St lower after Fed's Beige Book

Stocks ticked toward session lows on Wednesday after the Federal Reserve's snapshot of economic conditions showed labor market weakness persisted even though the economic slowdown is moderating.
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Wall St stung by data, oil and China

U.S. stocks slipped on Wednesday as a steep drop in U.S. durable goods orders last month underscored fears of more economic weakness, and falling commodity prices hurt shares in the energy and resources sectors.
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Wall St drops on durable goods data, oil and China

U.S. stocks slid on Wednesday as a steep drop in U.S. durable goods orders in June fueled fears of more economic weakness and falling commodity prices hit shares in the energy and resources sectors.
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China deal could add 1.7 pct to Taiwan GDP:Report

A Taiwanese proposal for an agreement establishing closer links with China could add up to 1.72 percent to Taiwan's gross domestic product, according to a think tank report commissioned by the economics ministry.
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Honda, Nissan eke out profit but cautious on demand

Honda Motor Co and Nissan Motor Co surprised markets by eking out small profits last quarter helped by cost cuts, but a sustained recovery looks some way off with demand relying largely on government stimulus.

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