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Bajaj Unveils Its First-ever 4-wheeler 'RE60'

Bajaj Auto Ltd launched its first-ever four-wheeled vehicle on Tuesday, saying the RE60 would target commercial users and three-wheeled vehicle owners in India, and that production could involve Nissan and Renault.

IMF to release Japan bank stress tests in summer: report

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The International Monetary Fund will release as early as this summer the results of health checks on Japanese banks, including their ability to withstand the European debt crisis and weak economic growth, the Nikkei business daily reported on Tuesday.

Codelco seeks to lock in Anglo mining stake

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SANTIAGO, Jan 2 - Chile's state copper giant Codelco said on Monday it exercised a disputed option to buy a stake in Anglo American's south Chile mining assets, but is willing to consider taking a smaller stake if Anglo proposes a formula that safeguards its full value.
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Codelco seeks to buy disputed Anglo mining stake

SANTIAGO, Jan 2 - Chile state copper giant Codelco on Monday said it had exercised a $6 billion option to buy mining assets in southern Chile, but global miner Anglo American defied the move, setting the stage for a lengthy legal battle.
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Hyundai, Kia see slower sales growth in 2012

Hyundai Motor <005380.KS> and affiliate Kia Motors <000270.KS> aim to boost global vehicle sales by 6 percent this year to a combined 7 million vehicles, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.
A salesman talks on a phone at a Hyundai Motor dealership in Seoul April 28, 2011.

Hyundai and Kia See Slower Sales Growth in 2012

Hyundai and affiliate Kia aim to boost global vehicle sales by 6 percent this year to a combined 7 million vehicles, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.
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Hyundai, Kia eye 6 percent sales rise in 2012

Hyundai Motor <005380.KS> and affiliate Kia Motors <000270.KS> aim to boost global vehicle sales by 6 percent this year to a combined 7 million units, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.

Japan Earthquake 2012: Strong Quake Shakes New Year's Day

A strong earthquake with a magnitude of 6.8 shook Japan off the country's coast on Sunday, the first day of the new year, according to the U.S. Geological Survey. The USGS said the earthquake struck 495 kilometers (307 miles) south-southwest of Tokyo.
IPL3

2011: The Year of Esports

With the proliferation of cheap and fast video streaming, passionate fans, and eager corporate sponsors, electronic sports may be poised to become a standard ingredient in the global entertainment mix -- although the budding industry still faces a few challenges.
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December auto sales seen up 9 percent

U.S. new-vehicle sales for December are expected to show continued steady growth, but analysts say much of the gains are linked to buyers who delayed purchases and therefore will not an indicate a strengthening economy.
Asia&#039;s Markets

Nikkei, Asia Markets Close Higher Friday, Japan Down 17% for 2011

Japan's leading share average ended higher on Friday but marked a 17 percent loss for 2011, a tumultuous year in which massive natural disasters triggered a nuclear crisis and Europe's debt turmoil drained volumes, leaving investors uncertain of a turnaround next year.
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Asian stocks edge up but poised for 2011 loss

Asian stocks nudged higher and the euro clung to overnight gains on Friday, the last trading day of 2011, as positive data from the United States helped allay concerns on the global economy, while year-end short covering lifted crude prices.
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Asian Stocks Edge up but Face Loss for Year

Asian stocks nudged higher and the euro clung to overnight gains Friday, the last trading day of 2011, as positive data from the United States helped allay concerns on the global economy, while year-end short covering lifted crude prices.
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Analysis: Pricing power evades insurers despite losses

Despite more than $100 billion in disaster losses around the world this year, insurers are not yet experiencing a broad and sustained increase in pricing power, defying predictions from a year ago that even half those losses would be enough to turn the industry around.
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Paul Smith Profit up by 31 Percent Despite Economic Turmoil

Couture designer Paul Smith has reported an increase in pre-tax profits of 31 percent despite the economic downturn. As per the accounts filed in the Company House, the pre-tax profits rose from £20.9 million a year previously to a current £27.4 million.

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