CHINA

Chinese economy slows to near 3-year low

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China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it.
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Lagarde says IMF may need less money for war chest

A stronger firewall is needed to protect the world economy from Europe's debt crisis, but the International Monetary Fund may not need as much money as it thought just a few months ago, the head of the global lender said on Thursday.
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Jobless claims cast cloud on labor market

The number of Americans filing for jobless aid hit a two-month high last week and more applications were received in the prior week than initially reported, suggesting a cooling in the labor market recovery.
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Walmart International focusing on existing markets

Wal-Mart Stores Inc is focused on improving results in China and other foreign countries where it already operates, rather than on entering new markets, its top international executive said on Thursday.
North Korean Soldier at Launch Site

UN Chief Warns North Korea Ahead Of Launch

United Nations Secretary-General Ban Ki-moon sternly rebuked North Korea on Thursday for its planned rocket launch, which is scheduled to take place sometime before Tuesday.
WTO trade map

WTO Warns Global Trade Will Shrink Again In 2012

Trade growth is expected to slow for a second year in 2012 amid severe downside risks that could push it even further below the 20-year average of 5.4 percent, the Geneva-based body forecast Thursday.
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Wall Street Up On Euro Zone Yields, Earnings Bets

Stocks edged higher in early trading on Thursday as concerns about rising yields in some euro zone countries eased and on bets corporate America will beat a lowered bar of earnings expectations.
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U.S. trade gap narrows sharply in February to $46 billion

The U.S. trade deficit narrowed unexpectedly in February as exports hit a record high, imports from China and other key suppliers declined and oil import volume fell to the lowest in 15 years, a government report showed on Thursday.
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US Trade Deficit Plunged To $46 Billion In February

The U.S. trade deficit narrowed unexpectedly in February as exports hit a record high, imports from China and other key suppliers declined and oil import volume fell to the lowest in 15 years, a government report showed on Thursday.

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