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Japan PM calls for "firm steps" against strong yen (Mar 12)
TOKYO: Japanese Prime Minister Yukio Hatoyama on Friday made a rare call for "firm steps" to stem the strength of the yen after the currency's recent advances hit exporters' earnings.


US dollar mildly lower as markets eye retail data (Mar 12)
NEW YORK: The dollar fell slightly against the euro for the second straight day Thursday in quiet trading as traders awaited the release of key US retail data that could drive markets.


Australia iron ore, coal exports hit record (Mar 12)
SYDNEY: Australian exports of iron ore and coal hit record levels in the final quarter of last year thanks to strong demand from Asia, official figures showed.


BP wins foothold in Brazil with deal (Mar 11)
LONDON: British oil giant BP on Thursday unveiled a major strategic deal that will hand it further assets in Azerbaijan and the Gulf of Mexico and its first foothold in Brazil.


Oil prices mixed in holding pattern (Mar 11)
NEW YORK: Oil prices traded narrowly mixed Thursday as the market weighed prospects for global economic recovery ahead of an OPEC meeting next week.


US stocks claw out late rally on upbeat Citigroup (Mar 11)
NEW YORK: US stocks staged an 11th hour rally Thursday after the head of Citigroup, Vikram Pandit, said he was sure the major bank was on track for a sustainable recovery, lifting sentiment.


BMW posts 36.5% drop in 2009 profit (Mar 11)
FRANKFURT: BMW, the world's leading luxury car maker by sales, on Thursday reported a sharp drop in 2009 profit but said deliveries would pick-up this year.


Malaysia studying new regional trade pact with US (Mar 11)
KUALA LUMPUR: Malaysia said Thursday that negotiations towards a bilateral trade pact with the United States have been shelved and it is now considering joining a regional deal promoted by the US.


Samsung unveils world's first 3-D LED TV sets (Mar 11)
NEW YORK: With the star power of hip-hop group The Black Eyed Peas and "Avatar" director James Cameron, South Korea's Samsung Electronics giant late Wednesday unveiled the world's first 3-D TV technology aimed at revolutionising the home viewing experience.


Stolen Swiss bank data at HSBC hits 24,000 clients (Mar 11)
GENEVA: A Swiss unit of global banking giant HSBC revealed Thursday that details on 24,000 bank customers may have been leaked in a major security breach that has helped fuel pressure on Switzerland over tax evasion.