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Hawkish Asia rate views hurt bonds; stocks down

Government bonds in Australia and South Korea fell on Thursday as investors pushed forward expectations for interest rate rises in 2010 because of bullish growth views, while Asian stocks slid on year-end profit taking.

Japan GDP revised down, policy response in doubt

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Japan's economy grew at a far slower pace in the third quarter than first thought as capital spending fell, but a double-dip recession is seen as unlikely as exports rebound and corporate spending shows signs of bottoming out.
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Wall St ends down on recovery jitters

Stocks fell on Tuesday after disappointing corporate news from 3M Co and McDonald's, while negative developments in global credit markets caused a shift to safe-haven assets.
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I've let my family down, says Tiger Woods

Tiger Woods admitted he had let his family down on Wednesday when he spoke candidly for the first time about last week's car crash and the subsequent speculation about his private life.
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British Climate Scientist in hacked email controversy to step down

A British Climate Scientist, one of the central figures in the climategate controversy over emails and other sensitive data published by hackers, has announced that he will step down as Director of the Climate Research Unit. The university said in a statement that Phil Jones would relinquish his position as director of Climatic Research Unit (CRU) until the completion of an independent review.
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Climate Scientist in hacked email scandal to step down

A research director, one of the central figures in the controversy over hacked e-mails from the University of East Anglia's Climate Research Unit announced Tuesday that he is stepping down while the university investigates the incident.
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Fed's Plosser: Winding-down of facilities good sign

It is a good sign that many of the Federal Reserve's emergency facilities are winding down organically as the economy recovers and markets are no longer reliant on them, a senior Fed official said on Tuesday.
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South Korea knocks down rumor North leader dead

South Korea's Unification Ministry dismissed rumors Tuesday that North Korean leader Kim Jong-il had been attacked and killed, which prompted financial markets to slide briefly in what one analyst said was a reflection of fragile sentiment.
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Yen falls on new BOJ operations, dollar down too

The yen fell broadly on Tuesday after the Bank of Japan announced more monetary policy easing measures to fight deflation and help the ailing economy, while holding interest rates at 0.1 percent.
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FAA turned down Boeing 777 warnings: report

The U.S. aviation regulator decided to allow over 130 Boeing Co 777 airplanes to continue flying international trips through early 2011, despite warnings about suspect parts that have caused rare shutdowns in midair, the Wall Street Journal reported.
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FAA turned down Boeing 777 warnings- WSJ

The U.S. aviation regulator decided to allow over 130 Boeing Co 777 airplanes to continue flying international trips through early 2011, despite warnings about suspect parts that have caused rare shutdowns in midair, the Wall Street Journal reported.
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UAE markets seen limit down on Monday open

UAE markets will face intense selling pressure when they reopen on Monday in the first post-holiday trading after Dubai shocked global markets last week by seeking a debt standstill for two flagship firms.
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Banks, world leaders play down Dubai debt threat

World leaders expressed confidence in the global economic recovery on Friday despite fears about a debt default by Gulf emirate Dubai, while major banks played down their exposure to the debt.
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600 Group H1 loss widens, LFL sales down 39 pct

British tool maker 600 Group Plc posted a much wider loss in the first-half as like-for-like sales fell 39 percent on lower order intake, but said it expected level of orders to improve in the second half.
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U.S. third-quarter economic growth revised down

The U.S. economy grew more slowly than first thought in the third quarter, but a fifth month of gains in house prices in September and an improvement in consumer morale signaled the anemic recovery was intact. In its second estimate of third quarter gross domestic product published on Tuesday, the Commerce Department said the economy expanded at a 2.8 percent annual rate, probably ending the most painful U.S. recession in 70 years.
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Microsoft's CFO to step down, looking for other opportunities

Microsoft Corp. said Tuesday its Chief Financial Officer, Chris Liddell, will leave the company at the end of this year to pursue a new job. Liddell, 51, joined Microsoft as CFO in 2005. He has been widely recognized as a force behind cutting $3 billion in costs in the past year after the economic downturn left a dent in Microsoft's profits.
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U.S. GDP growth revised down to 2.8 percent

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.
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U.S. GDP growth revised down to 2.8 pct

The U.S. economy grew more slowly than initially thought in the third quarter, held back by strong imports and weak investment in nonresidential structures, according to data on Tuesday that hinted at a lackluster recovery.

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