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WSJ.com: What's News Asia
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What's News Asia
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Claims of Faked Shootouts Hit India's Police
One of India's most famous police officers is on trial?accused of being a killer-for-hire?in a case that embodies the difficulty of trying to clean up the nation's notoriously corrupt crime-fighting forces.
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Xstrata, Glencore Agree to Merger Terms
Anglo-Swiss miner Xstrata formally announced plans to merge with commodities titan Glencore International to create a $90 billion, sector-straddling giant.
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Picture Dims for Japanese Electronics
Last week, a trifecta of Japan's most-celebrated electronics companies?Sony, Sharp and Panasonic?gave up hope for an annual profit, projecting combined losses of nearly $17 billion for the fiscal year ending in March.
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U.S. Sets Money-Market Plan
The SEC is finalizing a proposal to shore up the money-market fund industry, more than three years after Lehman's collapse sparked a panic.
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Toyota Shows Optimism Despite Gloom
Toyota Motor Corp.reported a weaker net profit in the fiscal third quarter, but raised its full-year outlook, citing solid worldwide sales.
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Asian Shares Mixed
Asian shares were mixed, with many investors cautious amid prolonged uncertainty over Greece's debt situation. The Nikkei fell 0.4%.
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Japan's Bid to Join Asian Trade Pact Faces a Leery U.S.
Japan's push to enter a broad Asia-Pacific trade pact faces one of its toughest challenges this week: acceptance from Washington.
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Room to Roam for Bulls on Asia
Global markets are rallying, some to multi-year highs. But emerging-market shares remain far from recouping last year's losses and investors are starting to warm to their cheap valuations.
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Xstrata-Glencore Deal Not a Given
With Glencore and Xstrata set to unveil their long-awaited tie-up, a big question is whether Xstrata shareholders will support the deal?not a given in light of U.K. investors' recent history of flexing their muscles.
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Aussie Dollar Surges as Central Bank Holds Rates
Australia's central bank surprised financial markets by keeping interest rates steady, citing reduced risks in Europe for the decision, which sent the Australian dollar surging to a fresh six-month high.
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