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Beijing turns to currency to cool inflation
Surging inflation that helped trigger protests in Shanghai is prompting China's leaders to turn to a tool they lo
Read More »First offshore yuan IPO gets cool reception in HK
Investors responded coolly Friday to the first yuandenominated initial public offering outside of mainland Chin
Read More »Samsung 1Q profit falls 30 percent on chips, TVs
SEOUL, South Korea - Samsung Electronics said first-quarter profit fell 30 percent on declines in memory chip prices and reduced profitabili
Read More »Asian markets sink on modest US economic growth
Modest economic growth in the U.S. and mixed corporate earnings dampened stock market sentiment in Asia on Frid
Read More »Microsoft’s 3Q earnings grow 31 pct; stock falls
By MICHAEL LIEDTKE Microsoft Corp.'s latest quarterly earnings rose 31 percent even as sales of its Windows operating system sagged. The f
Read More »Gadhafi forces shell frontline city in west Libya
Moammar Gadhafi's forces shelled the besieged rebel frontline city of Misrata Thursday, hitting residential
Read More »Bernanke Begins Public Dialogue With Pledge to Maintain Record Stimulus
Bernanke, said the economy still requires monetary support while the need to contain inflation means further easing is unlikely
Read More »Exxon earns nearly $11B in 1Q, best since ’08
Exxon earned nearly $11 billion in the first quarter, a performance likely to land it in the center of the nationa
Read More »More people signed contracts to buy homes in March
More Americans signed contracts to buy homes in March, but sales were uneven across the country and were not
Read More »Weak reports on GDP, jobs send stocks lower
Stocks are falling after the government said the economy slowed in the first three months of this year. The econ
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