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What's News - Asia
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| Channel Title: WSJ.com: What's News Asia
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| Channel Website: http://online.wsj.com
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Channel Description: What's News Asia
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Channel Copyright: copyright © 2010 Dow Jones & Company, Inc.
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| State of Emergency Declared in Bangkok |
| Fears are rising that Thailand's embattled prime minister will have to launch a military crackdown?or call new elections sooner than anticipated?after antigovernment protesters temporarily stormed the nation's Parliament and the government responded by declaring a state of emergency. |
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| China Bank Takes Step Toward IPO |
| Agricultural Bank of China asked 21 investment banks to submit proposals for its planned $20 billion-plus initial public offering in Hong Kong and Shanghai, in a step forward for what is expected to be one of the world's largest IPOs. |
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| Renault, Nissan Join Forces With Daimler |
| Auto makers Renault and Nissan expect to reap about $2.68 billion in additional profits over the next five years as a result of their new partnership with Daimler, the chief executive of Renault and Nissan said |
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| Kyrgyz Opposition Demands Control As Protests Rage |
| Opposition leaders in Kyrgyzstan demanded that the government hand over power, as deadly protests continued against an increasingly repressive regime that hosts a major U.S. air base. |
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| Fujitsu's Ex-President Details Damages |
| Fujitsu's former president went public with his plan to file a lawsuit against Fujitsu executives he accuses of forcing his September resignation, a move he says ultimately cost the company $53.3 million in profit. |
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| Japan Holds Rates Steady |
| The Bank of Japan held rates unchanged and indicated the economy appears to have moved a step higher, but the central bank didn't officially upgrade its assessment. |
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| Asian Shares Rise Modestly |
| Resources shares rallied in Hong Kong and strength in the financial sector lifted stocks in Japan, but Chinese real-estate developers fell on fear of further monetary tightening. |
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| Macarthur Rejects Sweetened Offer |
| Macarthur Coal rejected Peabody Energy's sweetened $3.31 billion takeover bid, calling the raised offer inadequate. |
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| Gome Operating Profit Falls on Store Closures |
| Gome Electrical Appliances said its 2009 net profit rose 34% from a year earlier on a derivative gain from its convertible bonds, but operating profit fell 12% as the Chinese retailer closed outlets. |
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| NAB Mulls Options on RBS Sale |
| National Australia Bank's chief executive said the bank is assessing its options regarding the sale of Royal Bank of Scotland's branches in the U.K. but he wouldn't confirm whether NAB has lodged an offer for the assets. |
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| China to Resume Sale of 3-Year Bonds |
| China's central bank will resume selling three-year bonds in its regular open market operation Thursday, part of its effort to curb excess liquidity and head off long-term inflationary pressures. |
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| Citi: India Share Issuance Seen Close to Record |
| India's share issuance in 2010 could be within striking distance of the all-time high of 2007, said Ravi Kapoor, managing director of capital markets origination in South Asia for Citigroup Global Markets India. |
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| World Bank Sees Rising Yuan |
| China's inflation-adjusted exchange rate will likely appreciate as the country faces the pressure of rising asset prices and continued expansion of the economy, the World Bank said |
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| India Sees Foreign Interest in Roads |
| India is seeing much foreign investor interest in its massive roads building project, according to Indian Minister of Transport and Highways Kamal Nath, with particular interest from U.S. and Japanese infrastructure funds. |
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