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Olympus eyes fresh start, ex-CEO mulls legal threat

Shareholders of Olympus Corp <7733.T> approved a new board on Friday, hoping for a fresh start at the camera and medical device maker that hid $1.7 billion of investment losses in Japan's biggest corporate scandal in decades.

Emerging powers said ready to give IMF billions

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Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
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With new board, Olympus looks to draw a line under scandal

Peering from a hotel window 50 floors above Japan's bustling capital, Michael Woodford eyes the Olympus Corp building where he was fired six months ago. To the right, he sees the flat he had to quit that day before he was told to take a bus to the airport.
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Opposition Supporters in Myanmar

EU To Suspend Sanctions On Myanmar

The European Union will formalize a suspension of sanctions against Myanmar next Monday, allowing for major easing on restrictions against the country over the next year.
North Korean Missiles

China Provided Missile Know-How To North Korea, Claims UN Probe

UN probe panel is investigating the allegations that China has provided long range ballistic missile technology to North Korea, according to an AFP report quoting a defense magazine. According to the allegations North Korea's new missile launcher is based on Chinese missile technology, report said.Military analysts of IHS Jane's magazine tipped-off the United Nation's panel of experts about a possible transfer of either technology or the missile itself, from China to North Korea.
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Japan exports jump, but trade still in red; corp mood dips

Japan's exports rose in March from a year earlier for the first time in six months, mainly on the strength of U.S. sales, but high fuel imports pushed the trade balance back into deficit and manufacturers remain cautious about business in months ahead.
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Bank Of Japan Committed To Major Monetary Easing

Bank of Japan Governor Masaaki Shirakawa said on Wednesday the central bank is fully committed to continuing powerful monetary easing through various measures, such as keeping interest rates practically at zero and purchasing financial assets until 1 percent inflation is in sight.
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Bank of Japan says committed to powerful easing

Bank of Japan Governor Masaaki Shirakawa said on Wednesday the central bank is fully committed to continuing powerful monetary easing through various measures, such as keeping interest rates practically at zero and purchasing financial assets until 1 percent inflation is in sight.
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Asian Shares Flat Awaiting Spanish Bond Sale

Asian shares moved in a narrow range Thursday after the previous day's rally as investors grew cautious ahead of a key Spanish bond sale that would test the market's risk appetite as concerns mounted over the euro zone's debt crisis.
mouse

Baldness Cure: Japanese Study Finds Stem Cells Induce Hair Regrowth for Bald Heads on Mouse [PHOTO & VIDEO]

From Rogaine to hair plugs, there have been many strides made to induce hair regrowth for bald or balding heads, but a new Japanese study found a possible cure to baldness by using stem cells. Using stem cell therapy, scientists at the Tokyo University of Science in Japan led by Takashi Tsuki gave a hairless mouse a Mohawk by regenerating hair follicles as seen in a shocking photo and video released by researchers.
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Asian Shares Rebound As Spanish Debt Worry Eases

Stabilizing risk appetite lifted Asian shares and riskier currencies Wednesday, after firm demand at Spanish debt sales, positive corporate earnings, and improved sentiment in Germany boosted investor confidence.
Traders on the New York Stock Exchange floor

Stocks, Industrial Commodities Soar: Daily Markets Wrap

Good corporate earnings, falling Spanish interest rates and an upward revision in the International Monetary Fund's outlook for the U.S. economy on Tuesday offset a weak housing report to lift equities and industrial commodities.
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IMF Inches Toward Deal On Boosting Firepower

The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis.

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