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Bank curbs, political fallout slam Wall Street

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Stocks capped their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc's disappointing results.
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Wall Street sinks on bank, political jitters

Stocks tumbled in their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits and a drop in tech shares after Google Inc's disappointing results.
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AMD revenue beats Street but shares slip

Advanced Micro Devices Inc reported better-than-expected revenue on strong holiday spending but its shares slid more than 4 percent as investors cashed in recent gains.
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Airbus, buyers adjourn tough A400M talks

Airbus and seven European NATO nations adjourned crucial talks over the troubled A400M military transporter plane until Friday and a source close to the talks said they remained far apart on a possible rescue package.
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Daily Forecast - 22/1/2010

The Aussie dollar bounced back from sub 91 cents to a 0.9135 in Asia yesterday with the release of Chinese economic data which signalled a strong performance in Q4 2009 and indeed throughout the calendar year.
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Rescue teams pull back as Haiti aid flows in

Somalia's hardline al Shabaab rebels threatened on Thursday to attack neighbouring Kenya following a crackdown on Somalis in the capital Nairobi, according to a recording posted on an al Shabaab Web site.
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Somali hardline rebels threaten Kenya attack

Somalia's hardline al Shabaab rebels threatened on Thursday to attack neighbouring Kenya following a crackdown on Somalis in the capital Nairobi, according to a recording posted on an al Shabaab Web site.
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Yemen stops airport visas to hamper militants

Yemen will stop issuing tourist visas on arrival to foreigners in an effort to prevent militants entering the country as it steps up its war on al Qaeda, a government official and state media said on Thursday.
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Global growth to blossom on stimuli, Asian strength

Global growth is set to blossom this year on the back of resurgent Asian economies and as the world's richest nations emerge from the deepest recession since the Second World War, according to a Reuters poll.
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Daily Forecast - 21/1/2010

Persistent concerns surrounding Chinese lending and tightening credit controls dampened expectations for growth in the Asian region in 2010 yesterday following the news that some lenders were asked to rein in credit as they failed to meet regulatory requirements.
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Auditor blasts EADS over A400M

Airbus parent EADS does not have adequate systems in place to monitor costs on its troubled A400M military plane project, buyer nations have been told, putting pressure on the planemaker ahead of crucial talks on Thursday.
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BA cabin crew rules out Easter strike

British Airways cabin crew have decided not to strike over the Easter holiday period, even if staff do decide to walk out, a Unite spokesman told Reuters on Wednesday.
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Global slide in '09 economic freedom holds risks

Economic freedoms were sharply reduced last year on massive spending and bailouts during the financial crisis, a trend that could imperil future economic prospects, the U.S.-based Heritage Foundation said on Wednesday.
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Daily Forex Forecast 20/01/2010

The Australian dollar trade in a V shape pattern overnight falling from Asian close around 0.9240 to a low of 0.9180 only to bounce back to open this morning around 0.9240. Negative sentiment surrounding the Euro added support to the Greenback against the majors inspiring the move lower however with U.S equities and commodities once again performing well AUD/USD bounced back quickly. The Aussie appears to be range bound at present with resistance around the 93 cent handle proving difficult to br...
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UK denies split with China over Iran sanctions

Foreign Secretary David Miliband denied any split with China over Iran on Tuesday and gave a strong hint that Britain backed more financial sanctions against Tehran over its nuclear programme.

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