China's statistics bureau said the nation's economy grew even faster in 2007 than previously estimated, a revision that also made the country the world's third-largest national economy in U.S. dollar terms, overtaking Germany.
Apple CEO Jobs said his health issues are more complex than he thought and plans to take leave until June.
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The government is close to finalizing a deal that would give billions in additional aid to Bank of America to help it close its acquisition of Merrill.
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Satyam began a search for a new CEO and a new finance chief, as the Indian software firm also named Deloitte and KPMG interim auditors.
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Asian shares crumbled under heavy selling pressure, led by resource and financial stocks. Japan's Nikkei lost 4.9%.
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The number of South Koreans with jobs fell by for the first time since October 2003, and economists forecast a further deterioration in the months ahead.
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China's latest trade data showed its exports and imports declined for a second straight month in December, though the steeper drop in imports may give Beijing and other governments the greater cause for concern.
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Pakistan arrested leaders and closed the offices of Jamaat-ud-Dawa, the parent of the militant group Lashkar that India blames for the Mumbai terror attacks.
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Markets tumbled, extending losses as investors sold off shares across sectors on word the bailout deal to aid struggling automakers fell apart in the U.S. The Nikkei closed down 5.6%
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The chairman of one of India's largest tech firms said he concocted financial results, sending shock waves across India and likely prompting investors to question other corporate results as the once-hot economy slows.
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Israeli airstrikes killed Hamas's security chief, providing a tactical victory for the Jewish state as it moved forces into the territory's urban areas.
A US Airways Group jetliner carrying about 150 people crashed into the Hudson River on after hitting a flock of birds. All passengers were safely evacuated.
At Atlanta's High Museum of Art, "The First Emperor: China's Terracotta Army" seeks to enlighten Westerners about one of the greatest leaders of all time.
TARP II and other reasons people are scared.
* at close Source: Dow Jones, Reuters | |||
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Walt Mossberg tests new e-book apps that aim to bring current and popular titles from major publishers to the iPhone and Touch.
How a sedate museum created a home for a sumptuous costume collection.
Tribune is in talks to pay the Washington Post for foreign news while the New York Daily News outsources with a start-up.