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EU, Iran to hold nuclear talks this month: reports

The European Union's top diplomat and Iran's chief nuclear negotiator agreed on Sunday to hold a new round of talks on Tehran's disputed atomic ambitions by the end of this month, Iranian news agencies said on Sunday.

Average Chinese Wage Increase to $250

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The average monthly wage of workers in China’s cities and towns in the first three quarters this year came out to 1,853 yuan(250$), showing year-on-year growth of 18.8%according to the data from a report issued by People's Bank of China (PBC).
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China tells Iran to heed international pressure

China on Thursday urged Iran to heed rising international worry about its nuclear ambitions, saying Beijing would seek to work with Europe and the United Nations to defuse the crisis but holding its tongue on any new sanctions.
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Oil, platinum scale peaks; dollar slumps

HONG KONG, Nov 7 (Reuters) - Oil soared above $98 a barrel for the first time on Wednesday and gold rose to a 28-year high as investors sought shelter from the falling dollar, which plumbed all-time lows.
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China FX reserve comments push dollar to new lows

The dollar dropped to record lows versus the euro on Wednesday after comments by a Chinese official stoked fears the central bank of the world's fourth largest economy would reduce its holdings of U.S. assets.
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$100 oil in Asia adds to exports worry

Does Asia have more to fear from rising petrol prices as crude oil hurtles towards $100 a barrel than it does from slowing growth in its biggest export market of the United States?
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Low-cost laptop production started

A nonprofit group said on Tuesday production of a new laptop computer for children in developing countries had begun, a milestone that could shake up the PC industry by ushering in a new era of low-cost computing.
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Boot's on the other foot for executive job seekers

A global shortage of executive talent is forcing companies to be much more accommodating as increasingly restless senior managers demand less travel and more flexibility, executive search firms say.
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Toyota profit up on weak yen

Toyota Motor Corp, the world's most profitable automaker, posted a 2.7 percent rise in quarterly operating profit thanks to a weaker yen, stronger sales and cost cuts and nudged up its full-year forecasts.
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Six in 10 U.S. consumers see recession: survey

Six in 10 U.S. consumers say a recession is likely in the next three to six months, a new survey on holiday spending said on Wednesday. A telephone survey found 45.7 percent of 1,000 respondents say a recession is somewhat likely, 14.3 percent said very likely and Forty percent said a recession was not likely
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Oil races to record high above $98 a barrel

Oil sped above $98 a barrel for the first time on Wednesday, closing in on the landmark $100 level, driven by a slumping U.S. dollar and worries over a winter fuel supply crunch.
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Experts say West can't stop Web radicalization

From behind a computer keyboard at his London home, student Younes Tsouli used the Internet to spread al Qaeda propaganda, recruit suicide bombers and promote Web sites that encouraged the killing of non-Muslims.
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Asia Markets See-Saw

Asian markets were volatile on Tuesday with indexes shifting between gains and losses after a turbulent Monday.
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ChemChina to acquire Nufarm

Nufarm said on Monday that it has received an acquisition proposal from China National Chemical Corporation (ChemChina) for $2.75 billion.
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PetroChina tops $1 trillion market cap in debut

PetroChina Co. shares more than doubled in their Shanghai debut Monday, giving the oil giant a $1 trillion market capitalization and easily surpassing Exxon Mobil as the world's largest company.
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Floods kill 46 in Vietnam, Typhoon Peipah nears

Floods have killed at least 46 people in central Vietnam in the last 10 days and a typhoon making its way across the South China Sea is forecast to dump more rain this week, reports said on Monday.
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Microsoft's Ballmer defends Facebook stake

Microsoft Corp Chief Executive Steve Ballmer said on Monday his firm's acquisition of a 1.6 percent stake in socializing Web site Facebook for $240 million was an important investment, not a mistake.
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U.S., Britain pressure Musharraf

The United States and Britain heaped pressure on Pakistan's President Pervez Musharraf on Monday, urging him to hold elections on time, as police detained hundreds of lawyers angry at his imposition of emergency rule.

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