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Stocks Bounce on U.S. Cues; Sentiment Wary

Asian equities bounced on Monday and safe-haven assets like gold and the Swiss franc fell as market players cautiously returned to pick up bargains after last's week wild ride, though concerns over the weak global economic outlook may keep gains in check.

Tsonga surrenders in face of Djokovic juggernaut

World number one Novak Djokovic advanced to the final of the Montreal Masters when Frenchman Jo Wilfried Tsonga retired trailing 6-4 3-0 on Saturday, leaving the sensational Serb on the brink of a record-smashing title.

Locke says China need not fret over dollar assets

China should rest easy that its investments in the dollar remain safe, the newly arrived U.S. ambassador in Beijing, Gary Locke, said on Sunday, adding that the world's two biggest economies could find common ground despite economic and political strains.

Michele Bachmann wins Iowa Republican poll

Michele Bachmann won the Iowa straw poll on Saturday in the first big test of the 2012 Republican presidential campaign, as Texas Governor Rick Perry launched a White House bid that could reshape the race.

China says will shut plant as thousands protest

Authorities in northeastern China on Sunday ordered a petrochemical plant to be shut down immediately after thousands of people demonstrated, demanding the relocation of the factory at the center of a toxic spill scare, state media said.

U.S. expands probe of News Corp: report

Authorities are investigating if Britain's News Corp had a broader pattern of misconduct in the United States, the Wall Street Journal reported in its online edition on Saturday.

Berlin mayor criticizes nostalgia for Berlin Wall

Berlin's mayor said on Saturday he was appalled that some Germans were nostalgic for the Berlin Wall and supported a newly fashionable leftist view that there were legitimate reasons for building it in 1961.

Obama Says Political Divide is Hurting Economy

President Barack Obama said on Saturday that bitter fights between Democrats and Republicans in Washington were hurting the economy and he urged lawmakers to embrace compromise in order to boost job growth.

UK's Osborne says no change in police reform plans

Britain's Finance Minister George Osborne said Saturday the country must tackle its "deep-seated" social problems after riots spread across the country last week, but said it would stick to its plan to reduce police numbers.

Wal-Mart changes e-commerce leadership

Wal-Mart Stores Inc is shaking up its e-commerce structure, putting the people who run stores in developed markets such as the United States in charge of the websites in those countries, according to an internal memo obtained by Reuters on Friday.

Serena grinds into semi-finals of Toronto Cup

A battle-tested Serena Williams booked her spot in the semi-finals of the Toronto Cup on Friday after overcoming a sluggish start to grind out a 4-6 6-3 6-2 win over Czech Lucie Safarova.

Woods misses cut and heads home

Tiger Woods plunged new depths at the PGA Championship on Friday when he missed the cut in the year's final major for the first time.

Syrian tanks enter coastal city

Syrian tanks and armored vehicles swept into the coastal city of Latakia on Saturday and gunfire was heard in a district where thousands had protested against President Bashar al-Assad, an activist group said.

UK to tackle social problems after riots

Britain needs to tackle deep-seated social problems following riots and looting in English cities this week, the center-right government said on Saturday, and a U.S. street crime expert it has brought in said arrests alone would not solve the problem.

British police out in force to deter riots

British police flooded the streets to ensure weekend drinking does not reignite the rioting that swept London and other cities this week, shocking Britons and sullying the country's image a year before it hosts the Olympics.

Republicans compete in Iowa, Perry poised to run

Six Republican presidential hopefuls compete Saturday in the Iowa straw poll, an unofficial test of campaign strength that will share the stage this year with the launch of Texas Governor Rick Perry's White House run.

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