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Asia stocks hit fresh peaks, dollar steadies

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Growing confidence about the global economy lifted Asian stocks to a fresh 17-month high on Tuesday as investors continued to be drawn to riskier assets, while the dollar stabilized after a weak start to the year.

Dollar steadies after fall on growing risk appetite

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The dollar steadied on Tuesday, keeping broad losses made the previous day, as growing hopes for a global economic recovery encouraged investors to shift funds to riskier assets from the greenback. The dollar was also under pressure from fund mangers trying to rebuild their portfolios at the start of the year by buying stocks, commodities and higher-yielding currencies.
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Metals are the best bet in 2010

Do you know among the commodities metals were the best performing ones in 2009? If not, remember that not only gold other metals also performed extremely well in 2009 riding on hopes for a global economic recovery and fears of runaway inflation.
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Tech showcase looks to regain wow factor

Technology leaders from Microsoft to Intel and Nokia will face new rivals; 3D-TV will be all the rage; and a flurry of glitzy wireless devices -- from e-readers to ever-smaller personal computers -- will make their debuts.
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Global factory output picks up steam in December

Chinese manufacturing grew at its fastest pace on record in December, data showed on Monday, while U.S. factories marked their best month in nearly four years, suggesting more improvement in the world economy.
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Global factory PMI jumps to near 4-year high

Global factory business activity grew at its fastest pace in nearly four years in December as new orders growth accelerated at a rate not seen in more that five and a half years, a survey showed on Monday.
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Recovery bets lift Wall Street as 2010 starts

Stocks climbed broadly on Monday after a report showed the manufacturing sector expanded for a fifth straight month, lifting confidence in the global economy as investors eye fourth quarter earnings.
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Manufacturing posts best showing since 2006

The U.S. manufacturing sector grew at its fastest pace in nearly four years in December, its fifth consecutive month of expansion, data showed on Monday, adding to hopes of economic improvement in 2010.
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Clinton says Yemen instability a global threat

Secretary of State Hillary Clinton said instability in Yemen posed a global threat and pledged on Monday to plug any holes in U.S. security procedures after a Christmas Day airline bombing attempt.
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Daily Forecast - 5/1/2010

The Australian Dollar opens higher on Tuesday at US91 cents as the greenback dropped across the board overnight.
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H&R Block settles nationwide IRA lawsuit: Cuomo

H&R Block Inc will pay as much as $20.2 million to settle a New York lawsuit accusing it of fraudulently marketing retirement accounts that caused hundreds of thousands of mostly lower-income clients to lose money.
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U.S. seeks to pressure Iran, Revolutionary Guards

The United States said on Monday it had begun discussing with other countries fresh sanctions to try to pressure Iran's government and its Islamic Revolutionary Guard Corps to curb Tehran's nuclear programs.
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BofA CEO disagrees with bank break-up calls

Bank of America Corp Chief Executive Brian Moynihan said the financial industry needs to embrace a looming regulatory overhaul instead of fighting it, but added that breaking up the biggest U.S. banks would be a mistake.
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Bosch sees 2010 sales up 10 pct as carmakers restock

German industrial conglomerate Robert Bosch sees sales at its core car parts business rising by a tenth in 2010, on growth in emerging markets and as carmakers build up inventory, a senior official said on Monday.
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Oil jumps more than 2 percent on cold weather

Oil rose more than 2 percent to touch two-month highs over $81 a barrel on Monday as cold weather battered the United States and other big consumer regions, driving up demand for heating fuel.
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Wall Street starts 2010 with strong gains

U.S. stocks climbed in a commodities-fueled rally on Monday after data showed the manufacturing sector expanded for a fifth straight month, lifting confidence in a global economic recovery.
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ISM data, Intel give Wall St higher start in 2010

U.S. stocks rallied in the first session of the New Year on Monday, after data showed the manufacturing sector grew for the fifth straight month and a brokerage upgrade of Intel helped lift semiconductor stocks.

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