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Taiwan President Ma Ying-jeou has leveraged growing economic ties with China to reduce tensions to their lowest level since the two sides split in 1949. China’s incessant effort to draw the democratic island closer politically has been on the back burner, and as Ma’s second term begins Sunday the question is whether he can keep […]
Bank of England Governor Mervyn King has 10 days left to make up his mind on whether he can risk halting stimulus for an economy trying to shake off a recession.
Reports starting tomorrow on manufacturing, construction and services, as well as consumer credit and house prices, will set the scene for data crunching by […]
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New Yahoo CEO Scott Thompson is the latest leader to promise a splashy turnaround — and though it’s an old party line by now, the earnings for his first full quarter on the job were upbeat.
Yahoo (, Fortune 500) pulled in 23 cents a share on $1.07 billion in sales for the first quarter, […]
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ST. LOUIS • Hope you like guns. Otherwise, there’s nothing for you inside the exhibit hall at the NRA’s annual national convention. Guns in every direction. Acres of them. Big guns, like the sniper-esque Sig Sauer Sig50 tactical rifle with a 29-inch barrel. Or the Taurus revolver, “Raging Judge Magnum” etched along its comically oversize […]
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Islamists that dominate Egypt’s new parliament looked Saturday to solidify their power over the country’s political direction as lawmakers chose a 100-member panel to draw up the country’s new constitution.
The selection process has sparked a fierce debate in Egypt. With so much at stake, a bloc of secular and liberal lawmakers boycotted Saturday’s voting by […]
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Goldman Sachs, the investment bank blistered by a resigning employee this week for how it does business, said Friday that it will try to strengthen internal rules to prevent questions about conflicts of interest.
A Delaware judge almost killed a deal between two energy companies last month because Goldman had ties to both parties: The bank […]
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The biggest five banks in the United States are too powerful and should be broken up, Dallas Fed President Richard Fisher said on Wednesday.
The financial crisis had left the five biggest banks even more powerful than before, he told an event in Mexico City.
“I believe personally that they should be broken up,” Fisher said.
Read […]
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Even as homeowners and commercial landlords count their losses from the great real-estate bust, Midwestern farmers are experiencing the biggest property boom in a generation.
The rapid run-up in land values is bound to make some people nervous, especially older farmers who remember how property values collapsed during the farm crisis of the 1980s. Farm economists, […]