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Trends in Manufacturing and the Forex Market

Investment markets around the globe are sensitive to various economic indicators that give traders the first indications where an economy is headed. If an investor can tap into these changes relatively early, then he can hopefully benefit from such crucial news. One of the earliest and most significant economic indicators that are published on a monthly basis is the ISM (Institute for Supply Management) Manufacturing survey or figure.
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Longyuan debut checked by UN carbon funding block

Shares in China Longyuan Power Group Corp Ltd (0916.HK), the world's 5th-largest wind power generator, rose 9 percent on their Hong Kong debut though this was less than expected and came after a U.N. body blocked carbon financing for some China wind projects.
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Oracle -- users tell EU Sun deal not anticompetitive

Oracle Corp's (ORCL.O) customers told concerned European Union regulators on Thursday that the U.S. software company's $7 billion deal to buy Sun Microsystems Inc (JAVA.O) would not curtail competition in the database market.
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Craigslist founder testifies felt betrayed by eBay

Craigslist founder Craig Newmark testified on Thursday he decided to trust eBay Inc after a key 2004 meeting in which then-CEO Meg Whitman and other executives said the Internet giant shared the small private company's core values.
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BlackRock plans hedge fund for U.S. retail clients

BlackRock Inc plans to launch a portfolio that will let wealthy individual investors access hedge funds that have boosted pension funds' and endowments' returns, the company said in a regulatory filing on Thursday.
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Harvard University to suspend campus expansion

Harvard University said on Thursday that it cannot afford to complete construction of its $1 billion science complex right now and will pause its campus expansion outside its Cambridge, Massachusetts, home.
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University endowments beat S&P 500 last year

Endowment funds of major colleges and universities lost 19 percent for the year ended June 2009, outpacing the 28 percent drop in the Standard & Poor's 500, according to a survey released on Thursday.
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Daily Forecast - 11/12/2009

The Australian Dollar opens higher today at 0.9160 and received a boost on Thursday from better than expected local jobs data.
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Obama calls for climate deal

U.S. President Barack Obama urged world leaders on Thursday to break the deadlock at climate change talks in Copenhagen, even though many nations accused the United States of lacking ambition.
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Wall Street ends up after jobs, trade data

Stocks gained on Thursday as signs of improving trends in the job market and a decline in the U.S. October trade deficit reassured investors the economy was on a steady growth path.
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China calls for more emissions cuts from U.S.

China's top climate envoy called on President Barack Obama to increase a U.S. offer to cut greenhouse gases, and said it would discuss a 2050 emissions goal only if rich nations offered more cash and carbon cuts.
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U.S. House approves $447 billion spending bill

The House of Representatives on Thursday approved a $447 billion bill that boosts funding for a large part of the U.S. government and reflects priorities of Democrats who control Congress and the White House.
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Goldman top executives to take bonuses in stock

Goldman Sachs Group Inc plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.
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Wall Street closes up after jobs, trade data

Stocks gained on Thursday as signs of improving trends in the job market and a decline in the U.S. October trade deficit reassured investors the economy was on a steady growth path.
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UK study confirms H1N1 far less lethal than feared

H1N1 pandemic swine flu is far less lethal than feared, British scientists said on Wednesday, but public health officials should not be complacent in fighting it and vaccination campaigns should continue.
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Marrow transplant cures adult sickle cell disease

Bone marrow transplants, already used to treat some children with sickle cell disease, also may cure some adults with this deadly genetic defect that causes red blood cells to contort, U.S. scientists said on Wednesday.

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