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Stock futures signal dip; eyes on banks

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.39 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.23 at 0900 GMT (4:00 a.m. ET).

Stocks slip amid China, sovereign debt jitters

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Asian stocks fell from near seven-week highs on Monday as a currency spat between China and the United States and worries about sovereign debt combined to keep investors away from riskier assets.

Talks start in Australia on Pacific trade deal

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Officials from eight nations including the United States began talks on a transpacific trade deal on Monday in a move Australia said could add momentum to stalled World Trade Organization talks.
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Daily Forecast - 15/3/2010

The Australian Dollar opens higher at 0.9180 as the greenback and Yen weakened on Friday night and markets move back into currencies linked to economic growth.
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Data, Fed to test if rally has legs

Investors will try to tack another leg on to the year-long U.S. stock rally, looking to this week's economic data and statement from the central bank for evidence the recovery is still on track.
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China's BYD says Q4 profit jumps 500 pct

BYD Co Ltd , a Chinese car and battery maker backed by U.S. billionaire Warren Buffett, said on Sunday its fourth-quarter net profit rose 500 pct thanks to robust car sales primed by tax incentives from Beijing.
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China's Wen gives no ground on calls for yuan rise

Chinese Premier Wen Jiabao said on Sunday that external calls for yuan appreciation were unhelpful and even a form of trade protectionism, vowing that Beijing would stick to its own course for currency reform.
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China's Wen says external pressure on yuan not helpful

Chinese Premier Wen Jiabao said on Sunday that external calls for yuan appreciation were unhelpful, vowing that Beijing would stick to its own course for currency reform while also warning of global economic risks.
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Ifo's Sinn warns EMF could endanger euro

A European Monetary Fund risks skewing the incentives of debt-ridden euro zone countries thereby endangering the stability of the euro, the head of Ifo think tank told Reuters in an interview.
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Republicans say door open on financial reform

A bipartisan financial regulation reform bill could still be worked out in the Senate, despite a breakdown in negotiations, key Republicans said in a letter obtained by Reuters on Saturday.
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Iran arrests 30 over U.S.-linked cyber ring: report

Iran has arrested 30 people suspected of belonging to a U.S.-linked cyber network gathering information on Iranian nuclear scientists and sending people abroad for training, a news agency reported on Saturday.
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Sex-selection ban to be open for review, says health research council

The ban on the technology that offers allows parent to have the sex of their children, predetermined using IVF will be open for review by Australia's health watchdog. According to the Herald Sun reports, the National Health and Medical Research Council is ready to launch a review of the ban amid criticism from Australian fertility doctors.
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Insulted by Israel, U.S. scrambles to save talks

Israel's relationship with the United States, a defining feature of the troubled Middle East, was under severe strain as diplomats scrambled on Saturday to save newborn U.S.-brokered peace talks with the Palestinians.
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U.S. likely to get peek at HSBC accounts

The revelation that an ex-employee of HSBC Holdings Plc stole tens of thousands of its Swiss accounts is likely to give U.S. tax authorities fresh clues in their pursuit of wealthy tax cheats abroad.
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U.S. arms buyer rejects protectionism charge

The top U.S. arms buyer said no protectionism was involved in the potential $50 billion refueling-aircraft competition that Europe's EADS quit this week along with Northrop Grumman Corp.
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U.S. pledges to probe, bust agribusiness monopolies

Two cabinet members and other top officials on Friday pledged a thorough examination of allegations that monopolistic practices in agriculture are driving small farmers out of business and said they would aggressively enforce antitrust laws.

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