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Australian stock market

Asian stocks decline, oil prices surge on Libyan concerns

Most Asian stocks ended lower on Wednesday, led by declines from airlines as crude oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.”
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WikiLeaks founder Julian Assange

Japan sets up secret spy agency: WikiLeaks

Japan has created a covert foreign intelligence agency to spy on China and North Korea and to collect information on terrorist attacks, said a media report citing the whistleblower website WikiLeaks.
Japan to send Twitter-using humanoids to space

Japan to send Twitter-using humanoids to space

If Japanese Aerospace Exploration Agency's (JAXA) plans succeed, there will soon be a humanoid robot in the International Space Station. The Twitter-using humanoid will be talking companions to the astronauts and will manage the outpost when the human inhabitants of the station are asleep.
North Korean Scud-B Missile, South Korean Hawk Surface-To-air Missiles

North Korea completes second missile site

Satellite images show North Korea has likely completed a second long range missile launchpad, an expert said on Thursday, amid U.S. concerns that Pyongyang's ballistic missile programme is fast becoming a direct threat.
 Honda Siel to recall 57,853 units in India for faulty engine

Honda to recall 693,497 units globally

Japanese auto major Honda said on Thursday that it will recall more than 693,497 units of the Freed, Fit and City company models globally due to defective parts that could stall the engine and cause problems restarting.
China to shake up rare earth industry

China to shake up rare earth industry

China announced a shake-up of its rare earths industry on Wednesday, vowing reasonable quotas on mining and exports to bring order to the small but strategic sector where its dominance has spooked foreign buyers.
Traders

World Market update 16/2/2011

Futures on major U.S. stock indices point to higher opening on Wednesday ahead of wave of economic data including producer price index and building permits.
India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of  tariffs on more than 90 percent of goods traded between the two countries over the next decade.

India-Japan free trade agreement: A win-win deal

India and Japan, two of Asia's largest economies, signed the landmark free trade agreement (FTA) on Wednesday, paving way for the elimination of tariffs on more than 90 percent of goods traded between the two countries over the next decade.
Former Guns N' Roses guitarist Saul Hudson, better known by his stage name Slash, performs during his concert tour in Jakarta

Slash of Guns N' Roses to auction personal items

The former rock star teamed up with a Beverly Hills auction house to sell a wide range of personal property to fans and collectors. A large share of the proceeds from the auction will go to charity.
Political activist Tsunehira Furuya, 28, speaks on a podium during a rally

Special Report: Can Japan's spirited youth save their aging nation?

A graduate of the prestigious University of Tokyo's economics department, Keishiro Kurabayashi could have joined a blue-chip firm and begun climbing the corporate ladder. Instead, he interned at DeNA, then a fledgling start-up and now a successful social networking and mobile gaming firm.
A pedestrian walks past the Bank of Japan (BOJ) headquarters in Tokyo February 15, 2011

BoJ raises economic outlook, holds rates

The bank of Japan (BoJ) upgraded its economic outlook, taking cues from a strong recovery in exports and industrial output, but refrained from making any change to the monetary policy.

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