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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 © 2011 Dow Jones & Company, Inc.
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| Financial Crisis Slowed Migration to Industrialized Nations |
| Migration to industrialized countries slowed after the 2008 financial crisis, as demand for labor shrank along with many economies, a study by the Organization for Economic Cooperation and Development showed on Tuesday. |
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| Contaminated Beef Hits Japan Market |
| Japan grappled with a fresh radiation scare after authorities found that beef from Fukushima contaminated with radioactive cesium had been shipped to shops and restaurants throughout the country. |
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| World Turns to N.Y. Icon |
| Around the world, the 1,454-foot-high building has remained a celebrated symbol of America and is now attracting a stream of global companies. |
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| China GDP Growth Slows to 9.5% |
| China reported surprisingly robust economic growth for the second quarter, a day after Premier Wen Jiabao signaled the continuation of anti-inflation policies that have fueled concerns about the potential for a slowdown. |
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| Junk-Food Fusion: Snack Makers Mix Flavors |
| Many people have preferred summer-food pairings, like lobster and white wine. Sometimes these cravings extend to odd blends of junk foods, like Fritos and Mountain Dew. Snack makers are paying attention. |
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| Designers Make Sculpting Jell-O Cool |
| Long a cubed dessert of cafeterias, flavored gelatin is turning up in the work of avant-garde chefs and established design studios. |
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| Assassination Rocks Afghans |
| Ahmed Wali Karzai, the Afghan president's younger half-brother and southern Afghanistan's most influential power broker, was assassinated by a trusted security aide, dealing a major blow to the region's stability. |
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| Yen's Climb Raises Specter of Intervention |
| The euro-zone crisis and signs of a weaker U.S. economy have pushed the yen near record highs and raised the specter of Japanese market intervention, though Finance Minister Yoshihiko Noda said that wasn't yet in the cards. |
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| China Property Sector Remains Robust |
| Property investment and sales in China remained robust last month, indicating that the government is unlikely to ease the various tightening measures aimed at slowing the rapid rise in house prices in the country. |
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| Fed Crafts Exit Plan but Won't Act Soon |
| Fed officials have formalized a plan for how the central bank will wind down its easy-money policies, but were divided at a meeting last month on when to execute the plan. |
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| Asia Gains Amid Caution |
| Asian stock markets rose after stronger-than-expected data in China allayed concerns about a slowdown. Shanghai's index climbed 1.2%. |
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| Bank of Thailand Raises Key Rate to 3.25% |
| The Bank of Thailand raised its benchmark interest rate for the sixth straight meeting as it attempts to ward off escalating inflation, which it warned could be fueled by the incoming government's spending policies. |
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| Citic Securities Net Profit Up 13% |
| Citic Securities said its net profit in the first half of this year rose 13% to $459 million, likely due to gains in the brokerage's investment business. |
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| American, Chinese Win Key IMF Posts |
| The International Monetary Fund said it would install White House aide David Lipton as its No. 2 official and elevate Zhu Min of China to a newly created deputy managing director post. |
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| Japan's Kao to Step Up in China |
| Kao's CEO said his focus at the Japanese consumer-products group is to expand its Chinese presence and better than triple sales in the country to more than $1 billion within five years. |
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| Europe's Banks Ready for the Worst |
| Some of Europe's biggest banks are taking steps to shore up their defenses should the debt crisis spiral out of control. |
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| Global Demand Buoys Burberry |
| Burberry reported a 34% rise in first-quarter sales, boosted by new store openings and continued global demand for its trenchcoats and designer handbags, especially in China. |
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| China Fund Taps New CIO |
| China's sovereign-wealth fund tapped a top executive from the country's pension-fund manager as its new chief investment officer. |
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| Jordan Feels Heat of Arab Spring |
| Jordan, a crucial U.S. ally in combating militant Islamic groups, has felt the ripple of Middle East protests, prompting King Abdullah II to respond with reforms. |
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| Kicking Hybrid Cars Out of the Fast Lane |
| California stopped allowing single occupants to drive gasoline-electric hybrids in carpool lanes, boosting other technologies including natural-gas and all-electric cars. Will other states follow? |
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