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China not a currency manipulator, says US

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The United States on Friday called on China to speed up progress in making its currency more flexible, but refrained from branding Beijing a currency manipulator, a move that could trigger sanctions.

Wall Street slips on worry about growth outlook

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US stocks dipped in light volume on Tuesday as oil shares' gains failed to offset lingering concerns about slow growth.

Large-cap technology positions continued to be trimmed, leading the tech-heavy

Dollar holds against euro, sends gold to new record

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The dollar recovered slightly against the euro late Friday but not before it hit a 16-month low and sent gold soaring to a new record just shy of $1,570 an ounce.

The euro traded to $1.4878 at midday

BSE awaits SEBI's approval

Mumbai: Bombay Stock Exchange (BSE) expects to launch its small-and-medium-enterprises (SME) exchange platform by the second-half of 2011, a senior Exchange official said.

"We have already applied f

Stocks slip on oil price

Hong Kong: Oil rose towards a 2-1/2-year high and stocks fell on Wednesday as investors shunned risky assets on concern that escalating tension in Libya would spread in the Middle East and disrupt fue

Sensex surges 556 points

Bengaluru: The BSE Sensex extended gains to 3 per cent on Tuesday, tracking firmer global markets and as a strong growth outlook for Asia's third-largest economy boosted sentiments.
The Sensex, at 2.5

Germany's Merkel urges China to open up markets

BEIJING, July 16, 2010: German Chancellor Angela Merkel on Friday prodded China to ease access to its markets, as the world's top two exporting nations signed a series of deals reportedly worth severa

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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