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Asian shares hold week's gains before jobs data

Asian stocks held most of the week's gains before monthly U.S. jobs data on Friday, although property and bank shares fell in many markets as soft U.S. data raised concerns about the pace of economic recovery.

Daily Forecast - 04/12/2009

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The Aussie gained ground ahead of yesterdays Australian Retail Sales data release pressing against 0.9290 only moments before the announcement. With consumer spending during the month of October coming in right on markets expectations of a 0.3% increase the reaction was relatively subdued and the AUD continued to hover around this level. During Afternoon Asian trade however demand re-emerged to push it above the 93 cent mark with offshore markets continuing the theme. Resistance ahead of 0.9320 ...
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Leaked emails trigger controversies in global climate change

The director of a U.K research unit has said he is standing down from his post after hundreds of private e-mails were published on the internet when a computer hacker breached the security of the CRU database in November and stole numerous materials that are skeptical about climate change.
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Italy to send 1,000 more troops to Afghanistan

Italy will send around 1,000 additional soldiers to Afghanistan as part of U.S. President Barack Obama's planned troop increase, Italian Defense Minister Ignazio La Russa said in an interview published on Thursday.
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McChrystal tells Afghans U.S. not leaving yet

The commander of U.S. forces in Afghanistan reassured top officials on Thursday that Washington was not planning an early exit, part of a charm offensive to sell President Barack Obama's new strategy on three continents.
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H1N1 pandemic starting to wane in some countries-WHO

H1N1 swine flu has not peaked yet but seems to be waning in Canada and the United States, signalling that the end of the pandemic may be on the horizon, the World Health Organisation (WHO) said on Thursday.
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Daily Forecast - 3/12/2009

The Aussie dollar bounced from an early morning dip to 0.9235 yesterday to trade within a whisker of the 93 cent handle overnight buoyed by gains in commodity and equity markets.
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Green future affordable with deep CO2 cuts: study

Prices of everyday goods such as clothing and food will barely rise if rich nations slash greenhouse gas emissions by 2050, according to a study on Wednesday that concludes green lifestyles are affordable.
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Britain to shift to smart grid, meter systems

Britain is to shift to a smart energy system, including a national smart grid, which should pave the way to a low carbon future that includes large wind farms, more efficient heating systems and electric vehicles.
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Google offers online news compromise

Google offered publishers a way to attract paying subscribers without having to remove their content from Google News search results, after Rupert Murdoch and others accused it of profiting from their news.
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Kraft sticking to its unhurried plan as deadline looms

Kraft Foods is preparing to post its offer documents for Cadbury as Monday's deadline approaches, but interest from Hershey and Ferrero is unlikely to spook the North American food giant into raising its bid in the short-term.
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Iran releases five Britons detained from yacht

Iran released five Britons detained in the Gulf after their yacht apparently strayed into Iranian waters, Britain said Wednesday, averting a diplomatic row on top of Iran's disputes with the West over its nuclear program.
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UK warns EU not to stifle City of London

Britain has warned its EU partners not to stifle the City of London's financial services industry with excessive regulation, responding to concerns that France will push for tighter rules at its expense.
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Dubai World to meet creditor panel on debt crisis

Government-owned Dubai World will meet its main creditors next week to discuss a request to delay payment on $26 billion in debt that has shaken global markets and confidence in the Gulf Arab business hub.
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Ben Kingsley seeks Indian money for Taj movie

British actor Ben Kingsley, best known for his Oscar-winning role as Mahatma Ghandi, is looking to India again, this time for financing for another historic Indian role -- Mughal emperor Shah Jahan.
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Obama's commander says now has tools for Afghan war

The top U.S. battlefield commander said on Wednesday that President Barack Obama's 30,000-strong troop increase for the Afghan war would make a huge difference, as the White House prepared to sell the new strategy to Congress.
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Google offers publishers limit on free news access

Google is offering news publishers a way to attract paying subscribers without having to remove their content from Google News search results, after some media companies accused it of profiting from their online news.

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