Around 140 people had been killed in a riot in Urumqi, the capital of China’s western-most region of Xinjiang, as the Beijing government faced the most severe unrest in ethnic minority areas since the unrest in Tibet last March
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Samsung Electronics, the world’s biggest maker of memory chips and liquid crystal display screens, gave a surprisingly bullish profit forecast which suggested that the worst might be over for the technology giant
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China has called a riot that shook the capital of western Xinjiang region on Sunday a plot against its power, after at least three people died in the eruption of ethnic unrest and authorities launched a crackdown
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The debate over income inequality is about democracy, not economics.
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A US judge approved General Motors Corp’s bankruptcy sale, in a move that will allow the company’s most profitable assets to exit bankruptcy protection under government ownership
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An overworked-parents’ guide to nabbing a great nanny.
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The strong backing for the co-founder of Netscape and one of Silicon Valley’s best-known serial entrepreneurs reflects intense competition among investors to jump into the hottest internet deals
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Rioting in the China’s restive far west region of Xinjiang killed 129 people, the official Xinhua news agency reported, sharply raising the government count of dead in the ethnic unrest
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Investment banks, including Goldman Sachs and Barclays Capital, are inventing schemes to reduce the capital cost of risky assets on banks’ balance sheets, in the latest sign that financial market innovation is far from dead
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US, Japan, Europe and Canada connect food security closely with economic growth and social progress as well as political stability in major scheme against global hunger
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Ousted president seeks reinstatement, but interim team says he will not be let in
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An investment manager part-owned by the Saudi royal family is planning to invest a chunk of its assets in UK and US commercial property, according to Prince Faisal bin Salman bin Abdulaziz, its chairman
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Investment banks, including Goldman Sachs and Barclays Capital, are inventing schemes to reduce the capital cost of risky assets on banks’ balance sheets, in the latest sign that financial market innovation is far from dead
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Amid the vacation rentals and used cars for sale, browsers of the website Craigslist will now find a unique offer: for California IOUs.
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Sarah Palin’s sudden decision to quit as governor of Alaska stunned fellow Republicans and fuelled the sense of disarray surrounding the Grand Old Party as it struggles to regroup following last year’s devastating election defeat
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Oswald Grübel, UBS’s chief executive, wants to shake up the top managerial ranks of the embattled bank’s brokerage business in the US after deciding against a sale, according to people familiar with the matter
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The insurance group will this week assess initial bids for its $2bn Taiwanese life assurance unit, after strong interest from global private equity firms and strategic buyers
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Bank of America has overtaken UBS in the private banking league tables following its tie-up with Merrill Lynch
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MatlinPatterson Global Advisors, a private equity company specialising in distressed investments, is considering leading a rescue bid for the whole of the Canadian telecommunications equipment maker Nortel Networks
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The financial industry’s vaunted belief in trust and long-term relationships is being challenged by research showing that before the crisis US mortgage brokers fed loans of deteriorating quality to the banks they did most business with
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Logic suggests a lot of companies owned by private equity must be on the point of expiring under the weight of their debt. But the bankruptcy rate, though rising, is still historically low
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It is said that some people paid up to £8,000 to watch the Wimbledon men’s singles final in the belief that Britain’s Andy Murray might be playing. They didn’t get Murray. They got a bargain
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US futures brokers could be forced out of business if Washington regulators push forward with a plan to increase capital requirements by at least 25 per cent, one of the biggest companies in the sector has warned
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The launches appeared aimed at grabbing the attention of the Obama administration, which has been wary of extending enticements to North Korea in exchange for only renewed pledges of restraint
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Ousted president seeks reinstatement, but interim team says he will not be let in
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