JAPAN

Japan government keeps up pressure, BOJ seen on hold

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Japan's government on Friday kept up pressure on the central bank to further support an economic recovery, but the Bank of Japan appears set to hold monetary policy steady at its regular policy meeting next week.
Visitors try out game software maker Konami Corp's new "UFC Undisputed 2010" at Tokyo Game Show in Chiba, east of Tokyo

Konami Joins Zynga's New Games Service

Japan's Konami Corp (9766.T) and two other game makers have joined Zynga's new gaming network, potentially drawing players to the fledgling service that Zynga hopes will reduce its dependence on Facebook.
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Japan GDP Contraction Eases; Current Account In The Red

Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure, but the current account swung to a record deficit in January as a shift away from nuclear power pushes up fossil fuel imports.
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Japan GDP contraction eases, current account in red

Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure, but the current account swung to a record deficit in January as a shift away from nuclear power pushes up fossil fuel imports.
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Japan GDP revised up, current account in red

Japan's economy shrank less than initially estimated in the fourth quarter as companies ramped up capital expenditure to cope with an increase in demand due to reconstruction of the country's tsunami-battered northeast coast.
jobless claims

Unemployment Rate Likely To Hold At 8.3% In February

Employers probably hired more than 200,000 workers for a third straight month in February, indicating that companies are feeling more upbeat about the U.S. economic recovery, economists said before a report this week.
Baselworld

Luxury watchmakers see clouds on China 'Eldorado'

Luxury watchmakers are hoping a stronger-than-expected recovery in the United States and global exposure will help them sail through a more challenging market in China, where the days of unstoppable growth are ticking by.
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UK bank body wants to keep control of Libor

Britain's banking trade body has no plans to cede oversight of Libor to regulators, saying it remains fully committed to the interbank lending rates being scrutinized by global enforcement agencies for signs of manipulation.
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Luxury watchmakers see clouds on China Eldorado

Luxury watchmakers are hoping a stronger-than-expected recovery in the United States and global exposure will help them sail through a more challenging market in China, where the days of unstoppable growth are ticking by.
a

European Recession 2012: How Would It Affect The US Economy?

If Europe is hit by a recession, bond investors might be led to assume that countries on the continent will have a harder time repaying debts, and that assumption could prompt them to sell off European debt, exacerbating the current crisis.
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Apple Unleashes iOS 5.1 Update, Introduces Siri to Japan

At the iPad event in San Francisco, Apple CEO Tim Cook announced that its iOS devices will receive a new mobile operating system, called iOS 5.1. Part of the update improves Siri, the AI virtual assistant currently exclusive to the iPhone 4S, by giving the technology the ability to work with Japanese-speaking users.
The main headquarters of the FBI, the J. Edgar Hoover Building, is seen in Washington

Hacking 'Mole' Helps FBI Arrest Anonymous Leaders

One of the world's most-wanted hackers secretly became an FBI informant last year, providing evidence that led to charges on Tuesday against five other suspected leaders of the Anonymous international hacking group.
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Japan prosecutors charge key figures in Olympus scandal

Tokyo prosecutors on Wednesday charged Olympus Corp and six key figures in the $1.7 billion accounting fraud at the camera and endoscope maker, tightening their case in the investigation of one of Japan's biggest corporate scandals.
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Asian Markets Fall Again on Renewed Greek Default Fears

Asian shares fell for the third day in a row Wednesday as investors grew more risk averse, with renewed uncertainty over Greece's bailout and mounting worries about slowing global economies overshadowing support provided by ample liquidity.

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