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Exclusive: Former Goldman trader Sze's Asia hedge fund down

A hedge fund set up by former Goldman Sachs trader Morgan Sze -- the biggest launched in Asia in 2011 -- lost 6.8 percent last year, two sources with direct knowledge of the matter told Reuters, as it was rattled by a sharp drop in Chinese shares.
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Honda aims to kick-start Acura with new models

Honda Motor Co <7267.T> unveiled three Acura models at the Detroit auto show on Monday including an entry-level sedan and an NSX supercar as it aims to put the struggling premium brand back on the map in the crowded U.S. luxury market.
A worker walks near a power plant at Alcoa Fjardaal aluminium smelter, eastern Iceland

Alcoa Posts Q4 Loss but Gives Positive Aluminum Outlook

Alcoa Inc posted a fourth-quarter loss Monday due to a steep plunge in aluminum prices, but its revenue beat expectations and the company gave a positive outlook for global demand for the metal, especially in the aerospace and automotive markets.
Syria's President Bashar al-Assad is pictured during an interview with Russian television in Damascus

Assad Plans Address to Syrians on Unrest

Syria's President Bashar al-Assad, locked in a violent struggle against a wave of unrest, is to make a speech Tuesday on the internal issue and international and regional developments, state media said Monday night.
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Alcoa posts loss; gives positive aluminum outlook

Alcoa Inc posted a fourth quarter loss due to a steep plunge in aluminum prices, but its revenue beat expectations and the company gave a positive outlook for global demand for the metal, especially in the aerospace and automotive markets.
Jared Rydelek

Contortion Entwines Art and Science

The art of contortion creates nearly impossible feats with the human body where toes wiggle next to ears and backs become like bendy straws, but contortionists say that their extreme acts takes practice and some flexibility, not a freak physique.
iphone

Apple's iPhone Turns 5, Spurs Discussion on Labor Conditions at Foxconn

Five Years ago today, Steve Jobs unveiled the revolutionary iPhone. The gadget that merged together telecommunication, cyberspace, music and video continues to be celebrated to this day, but while many took to the Web to mark its fifth birthday, others took the opportunity to shed light on labor conditions at Foxconn factories where most iPhones are made.
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Huawei unveils slimmest smartphone

Huawei Technologies Co Ltd, China's largest maker of telecommunications gear, unveiled a new smartphone on Monday it is touting as the slimmest on the market as it moves to boost its share on the global consumer market.
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Huawei releases new smartphone in consumer push

Huawei Technologies Co Ltd, China's largest maker of telecommunications gear, unveiled a new smartphone on Monday it is touting as the slimmest on the market as it moves to boost its share on the global consumer market.
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BMW aims for top spot in 2012 as luxury sales soar

BMW posted record car sales for 2011 and forecast that a boom in luxury cars would keep it ahead of rivals this year as the world's biggest maker of premium cars enjoys strong demand from China and the United States.
Gold bars in Saudi Arabia

Gold to Reach $1,940 by Yearend - Goldman Sachs

Oil, gold and base metals are Goldman Sachs' top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said on Monday.
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Goldman sees massive upside risk in oil prices

Oil, gold and base metals are Goldman Sachs' top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said on Monday.
Yanacocha mine

Gold Prices up on Euro Strength

Gold recovered from lows on Monday, lifted by gains in the euro versus the dollar after French and German leaders said there had been progress on the region's fiscal integration, but its rise was capped by caution after the metal's hefty losses last month.
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Wall Street seen up as European leaders meet, Alcoa eyed

Stocks were set to tick up at the open on Monday as investors focused on a European meeting intended to find ways to boost the region's economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings.
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Audi gains ground on premium car rivals

Audi, the premium car brand of Volkswagen , posted record sales in 2011 as demand for luxury cars in China and Russia helped it gain ground on bigger rivals like BMW and Daimler's Mercedes-Benz.
Traders work on the floor of the New York Stock Exchange

Stock Futures Edge up as Euro Leaders Meet, Alcoa Eyed

Stock index futures edged higher on Monday as investors focused on a European meeting intended to find ways to boost the region's economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings.

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