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Dollar holds near 14-month low vs euro

The dollar remained near a 14-month low against the euro on Monday as investors bet the Federal Reserve will hold U.S. interest rates near zero well into next year. The euro traded within half a cent of $1.50, a level not seen since August 2008, though analysts said investors would be on alert for any comments about excessive euro strength from a euro zone finance ministers' meeting later in the day.
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Did Rajaratnam's money find way to Tamil Tigers?

A Sri Lankan-born billionaire's arrest in the largest U.S. hedge fund insider trading case triggered new scrutiny on Monday in his native country over the possibility his money found its way to the Tamil Tiger rebels.
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White House says stimulus saving education jobs

The Obama administration said on Monday its economic stimulus had saved or created 250,000 education jobs, as it sought to push back against Republicans who contend the package was wasteful and had not worked.
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Bill Cosby and hip-hop artists unite for Emergency

Bill Cosby doesn't rap or sing on his latest project, but he gathered together people who do. Bill Cosby Presents the Cosnarati: State of Emergency is a socially conscious hip-hop CD that focuses on the critical issues affecting young people. The independent project will launch Monday (October 19) during a virtual town hall meeting in New York.
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Risks to global equity rally

Four major risks threaten a solid year-end rally to cap this year's stunning bounce back by global equities -- earnings, bonds, currencies and cash.
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Hasbro profit tops Street estimates

Hasbro Inc reported a higher-than-expected quarterly profit on Monday, boosted by demand for movie-related toys, although revenue fell short of expectations.
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Futures rise on earnings optimism

U.S. stock index futures rose on Monday, as the outlook for corporate earnings lifted investor optimism about the vitality of an economic recovery.
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FTSE up 1.3 pct; miners and energy firms advance

Gains in miners and energy firms pushed Britain's top shares 1.3 percent higher by midday on Monday, underpinned by firmer commodity prices, while investors awaited corporate earnings from the United States for further direction.
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BAIC says man accused of trade theft on leave in U.S.

A Chinese national accused of stealing trade secrets from Ford Motor Co was employed by Beijing Automotive Industry Holding Corp , China's fifth-biggest automaker, but was in the United States on personal leave when he was arrested, BAIC said Monday.
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Stock futures signal rebound along with commods

U.S. stock index futures pointed to a rebound on Wall Street on Monday, with futures for the S&P 500 up 0.46 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.52 percent at 3.30 a.m. EDT.
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Asia shares steady, oil hits 1-year high

Asian shares hovered near 14-month highs on Monday, shaking off an early dip after disappointing earnings from U.S. corporate bellwethers such as General Electric Co spurred some investors to take profits.
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Earnings blitz to test market's mettle

U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations.
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Crisis shows need to right imbalances: Bernanke

The financial crisis has spotlighted the importance of dealing with global imbalances in trade and capital flows, Federal Reserve Chairman Ben Bernanke said on Sunday at a Fed conference on Asia.

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