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Michael Lewis made a name for himself on Wall Street by writing about it. His 1989 book, “Liar’s Poker,” exposed the inner workings of Salomon Brothers, a firm then at the peak of its power, and described his improbable run as a bond salesman there.

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Lewis Faults ‘Short-Term Greedy,’ Cites Goldman: Interview

Chileans braced for more blackouts after an outage yesterday left 80 percent of the population in a 2,000-kilometer (1,243-mile) stretch of the country with no electricity, the result of grid damage from last month’s temblor.

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Chile Says Blackout May Reoccur as Cuts Leave 80% Without Power

Asian stocks dropped for the first time in three days while oil and copper declined on prospects China will take more steps to cool its economy. The pound weakened after Moody’s Investor Service said the U.K. is close to losing its top credit rating.

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Asia Stocks, Commodities Fall on China Tightening; Pound Drops

News Corp. will earn $350 million to $400 million from James Cameron’s “Avatar” once the world’s top-grossing film is also released on pay television and DVD, said two people with knowledge of its financial performance.

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Murdoch Nets Up to $400 Million From ‘Avatar’ as Risk Is Spread

On March 15, 1985, a Massachusetts computer systems firm registered the first .com Internet domain name. Although Symbolics.com didn’t spark an instant gold rush, the event planted the first seed of a transformation that has changed the world into a Web-…

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25 years of .com domain names

Cnooc Ltd. may step up overseas acquisitions after buying 50 percent of Argentina’s second- largest oil producer to help achieve its goal of boosting production 28 percent this year and meet Chinese demand.

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Cnooc’s $3.1 Billion Bridas Deal to Boost Expansion (Update1)

Change is in the air for Detroit city workers. City employees will be urged not to wear perfume, cologne or aftershave as a result of a settlement in a federal lawsuit. Officials plan to place warning placards in three city buildings. The signs will warn…

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Detroit city workers being warned to go scentsless

Surging global weapons transfers are raising concerns about arms races in tension-fraught areas of the globe, a leading peace research group warned Monday. New data from the Stockholm International Peace Research Institute showed that transfers of major…

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Surging global weapons transfers raise concerns

China’s Premier Wen Jiabao rebuffed calls for the yuan to appreciate, risking a further downturn in relations with the U.S. where lawmakers and economists say his stance is hampering a global recovery.

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China’s Wen Rebuffs U.S. Calls for Stronger Currency (Update2)

TOKYO (Reuters) – Japan Post Bank bought about 300 billion yen ($3.3 billion) in U.S. Treasuries in October-December, the first time it has purchased U.S. government debt since the start of its privatization process in October 2007, the Nikkei business daily said on Monday.


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Japan Post bought US Treasuries in Oct-Dec: report

Malaysia’s ringgit faces “upward pressure” as regional trade picks up and the central bank raises interest rates before the U.S., Europe and Japan, according to Franklin Templeton Investments.

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Ringgit Faces ‘Upward Pressure’ on Rate Bias, Yuan (Update1)

CANBERRA (Reuters) – Officials from eight nations including the United States began talks on a transpacific trade deal on Monday in a move Australia said could add momentum to stalled World Trade Organization talks.


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Talks start in Australia on Pacific trade deal

Tire sales growth in China, the world’s largest rubber consumer, will be three-times the global rate in coming years as car ownership increases, Sumitomo Rubber Industries Ltd. said.

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China Tire Demand to Triple Global Growth, Sumitomo Rubber Says

China Cosco Holdings Co., the nation’s largest container-ship operator, expects to win its targeted rate increase in new contracts as world trade rebounds and shipping lines curb capacity.

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China Cosco ‘Full of Confidence’ on Container Rates (Update1)

HONG KONG (Reuters) – JP Morgan Asset Management has invested almost a quarter of its $860 million Asian infrastructure fund in China and India assets, as part of efforts to complete investments in the next two years.


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JP Morgan fund invests in China, India