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Google's Eric Schmidt is preparing to travel to North Korea on a private trip led by former New Mexico Gov. Bill Richardson that could take place as early as this month.
Investors kicked off the new year by celebrating Congress' last-minute agreement on the deficit. All 30 Dow components and all 10 sectors of the S&P 500 tack on gains.
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Data show new signs of resilience in Asian economies, as manufacturing in South Korea and Taiwan picks up after a sluggish 2012.
The Indian government appointed economist Urjit Patel as a deputy governor of the central bank, putting an end to weeks of speculation over who would fill the position left vacant by the exit of Subir Gokarn.
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U.S. new-vehicle registrations—a key indicator of auto sales—are forecast to climb this year to 15.3 million, from an estimated 14.4 million in 2012.
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Malaysia looks set to continue as one of the world's hottest spots for initial public offerings in 2013, with Iskandar Waterfront Holdings being the latest to join the IPO queue as it plans to raise as much as $300 million in a listing.
Manufacturing activity in India expanded sharply in December as new orders grew at their strongest pace in six months and exports remained strong, underscoring a likely recovery in the sector.
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Elections this year in two of the euro-zone's largest countries—Germany and Italy—cast a shadow over the Continent's politics and complicate needed overhauls of the currency union.
India's government may again raise import taxes on gold in an effort to curb demand for the metal, one of the biggest contributors to the country's widening current-account deficit.
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This year's challenges range from whether a new generation of leaders can push through overhauls to the market's continued dominance by small investors rather than buy-and-hold institutional types, such as pension funds.
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Congress broke a rancorous stalemate to pass legislation designed to avert the fiscal cliff. But the bill, which blocked most impending tax increases and postponed spending cuts largely by raising taxes on upper-income Americans, left a host of issues unresolved.
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On a cold, foggy Wednesday, students, activists and professionals continued to protest at central Delhi's Jantar Mantar against the gang rape, and subsequent death, of a 23-year-old girl on a moving bus in Delhi last month. But crowds have thinned from the large numbers seen in the past.
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Singapore residential property prices rose sharply in the fourth quarter, which could push the government to step in to help cool the market.
LG Electronics Inc. is off to a good start this year – it beat larger rival Samsung Electronics Co. in launching a 55-inch organic light-emitting-diode television.
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A government study shows that people who are overweight are significantly less likely to die in any given period than people of normal weight.
Several of India's car makers reported a drop or a modest increase in sales for December, despite year-end discounts and the recent introduction of new models.
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Asteroid 2012 DA14 will pass very close to Earth—much, much closer than the moon—on Feb. 15. Its path won't lead to a collision with Earth, but it will pass close to a ring of orbiting satellites.
People celebrate the new year in Asia, a fire breaks out in a Chinese factory, a bomb blast hits a Pakistani city, and more.
A look at the politicians, regulators and business people who will be leading the news in the coming year.
People all over the world prepared for New Year's Eve celebrations Monday.
In pictures, a selection of the most talked about Bollywood films in 2012.
From the iPhone 5's launch to a deadly factory fire in Bangladesh, business news in 2012 offered opportunities for strong photography. Take a look back at some of the best images.
Some of the best photos of 2012.
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The benefit of bringing Warren Buffett on board in 2011 was questionable for BofA shareholders. Buying him out now would be yet another step in cleaning up the balance sheet.
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China's push to boost household income while raising taxes on state companies will help growth in the medium term, but there is a short-term price to be paid.
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There are no free lunches when very cheap money boosts financial markets. For U.S. investors, look at the currency impact on Japanese investments.