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AFP - Sri Lankan traders reacted with shock at the weekend to US fraud charges laid against a billionaire Sri Lankan-born hedge fund manager who had big interests in the island's stock market.
BERLIN (Reuters) - Economy Minister Karl-Theodor zu Guttenberg expressed confidence on Saturday that Germany could address EU concerns about a sale of carmaker Opel to Canada's Magna, saying they did not put the deal at risk.

Posted By:JeeYeon ParkIs a weak dollar necessarily negative for the economy? David Gilmore, partner at Foreign Exchange Analytics, shared his insights.     Read More
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AP - Stocks ended a strong week with a flash of selling after Bank of America Corp. and General Electric Co. signaled that businesses and consumers are still struggling to pay off their debts.
The criteria may be subjective -- and different from the measures we're used to -- but determining a country's happiness can have economic and societal benefits.
BOSTON (Reuters) - General Electric Co is considering several scenarios for the future of NBC Universal, to be ready for the possibility that its minority partner Vivendi SA chooses to sell its 20 percent stake.

Posted By:JeeYeon ParkTreasury Secretary Timothy Geithner told CNBC in an interview that the economy will grow at a significant ate in the second half of this year and positive growth in 2010 at a level that will begin to gradually bring down the unemployment rate. Is he right? Bruce Kasman, chief U.S. Economist at JPMorgan discussed his insights.    
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Reuters - U.S. securities and futures regulators are considering a joint enforcement squad to investigate and root out fraud in the markets, two sources familiar with the matter said on Thursday.
AMSTERDAM (Reuters) - Consolidation in the private banking industry picked up pace on Thursday, creating fresh players in the Asian and British wealth management sectors and reshaping how the rich manage their money around the world.

Posted By:Pete NajarianBlackstone Group, one of the world's largest private equity firms, hit a 52-week high for the third straight session yesterday along with heavy upside options trading.     Read More
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