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Coming to Israel, Biden flags U.S. support vs Iran

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The Obama administration has boosted U.S. defense ties to Israel and will close ranks with its ally against any threat from a nuclear-armed Iran, Vice President Joe Biden said on Monday ahead of a trip to Israel.
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U.S. companies amass record cash vs debt: report

U.S. corporate borrowers amassed the most cash relative to debt on record through the fourth quarter and will likely preserve cash levels this year, supporting corporate bonds, Morgan Stanley said on Friday.
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FOREX-Dollar falls vs euro, yen after Bernanke testimony

The U.S. dollar fell versus the euro and yen on Wednesday after comments by U.S. Federal Reserve chairman Ben Bernanke dampened speculation monetary policy tightening might be nearing. An unexpected plunge in new U.S. home sales last month further dampened investor sentiment and reinforced the low rates outlook. Analysts said the housing figures, combined with a drop in a consumer confidence reading on Tuesday, underscore the fragility of economic recovery.
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Euro turns lower vs dollar after weak Ifo

The euro turned lower against the dollar on Tuesday after a weak German survey raised concerns about the outlook for the euro zone economy. Early demand for euros fizzled after data showed Germany's Ifo business sentiment index unexpectedly fell this month, while Italian confidence data and consumer spending numbers from France were also below forecast.
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ITC to investigate Apple complaint vs Nokia

The U.S. International Trade Commission said on Friday it has agreed to investigate Apple Inc's patent infringement complaint against Nokia Oyj, as the legal battle between the two technology heavyweights continues to play out.
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BOJ may need to do more vs deflation: report

The Bank of Japan may need to do more on the monetary policy front to stop deflation, the Nikkei daily quoted Japan's Finance Minister Naoto Kan as saying, keeping pressure on the BOJ to help support a fragile economic recovery.
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Dollar hits 6-month high vs euro; tech stocks up

The U.S. dollar rose to a six-month high against the euro on Thursday, on signs the Federal Reserve is more confident about a recovery, while Asian equities were on track to snap a nine-day losing streak. U.S. stock futures rose during Asian session after U.S. President Barack Obama in an address to Congress had a more moderate tone on restrictions toward U.S. banks.
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Yen rallies, hits 9-month high vs euro

The yen hit a nine-month high against the euro on Tuesday, rallying after a Japanese Finance Ministry official pledged fiscal discipline after ratings agency S&P downgraded its outlook on the country's sovereign rating.
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en dips vs dollar as risk reduction pauses

The yen held broadly steady on Tuesday, hovering below a nine-month peak struck against the euro last week and taking a breather from a rally triggered by the onset of risk reduction. The yen surged last week as investors dumped higher-yielding currencies and risky assets on concerns that China's efforts to curb its surging economy could impair global growth and worries over a White House plan to curb risk-taking among banks.
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UK High Court rules for Nokia vs IPCom

The world's top mobile phone maker Nokia said on Monday Britain's High Court had ruled in its favor in a patent dispute with IPCom, and it would now seek to recoup legal costs of the case from the German firm.
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Expect more U.S. charges vs Rajaratnam: prosecutors

Indicted Galleon hedge fund founder Raj Rajaratnam faces expanded charges of insider trading and allegations that he earned $36 million in illicit profits, double the amount previously alleged, U.S. prosecutors said on Tuesday.
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Expect more U.S. charges vs. Rajaratnam: prosecutors

Indicted Galleon hedge fund founder Raj Rajaratnam faces expanded charges of insider trading and allegations that he earned $36 million in illicit profits, double the amount previously alleged, U.S. prosecutors said on Tuesday.
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Google Unveils 'Super Phone' Nexus One, Sells Phone Directly to Customers

Google unveiled the Nexus One smartphone on Tuesday and showed off its many features during a press event, and unveiled its new Web store which will sell the device directly to customers. The Google Nexus comes unlocked to consumers who wish to purchase it online for $529, or $179 with a two-year contract from T-Mobile.
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FACTBOX: Nokia vs Apple legal battle

Nokia launched another patent case against Apple, in the latest step in an escalating legal battle between two leaders of the smartphone market.
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Dollar below 4-month high vs yen, U.S. data eyed

The dollar edged down from a four-month high against the yen but held firm against other majors on Monday, the first trading day of 2010, as investors focus on U.S. data this week that could add to optimism about the economy. Investors are set to take cues from the U.S. December employment report on Friday as well as figures from the manufacturing and service sectors.
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U.S., Britain try to shore up Yemen vs al Qaeda

The United States will more than double its security assistance for Yemen and Britain will host an international meeting this month to seek ways of preventing the poorest Arab state from becoming an al Qaeda stronghold.
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Stocks firm on China data, yen dips vs dollar

Asian stocks, oil and most metals rose on Friday after a slew of Chinese data showed the world's third-largest economy is on a brisk recovery path, while the yen dipped against the dollar.
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Dollar soars vs euro, yen, boosted by jobs report

The dollar jumped against major currencies on Friday after data showed the United States lost far fewer jobs than expected last month, bolstering hopes the economy is on a stable path to recovery.

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