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Haruhiko Kuroda

Kuroda says markets could be caught unready if BOJ succeeds on inflation

Bank of Japan Governor Haruhiko Kuroda said on Sunday that financial markets "could be surprised" if the central bank hits its 2-percent inflation target in 2016 and interest rates in Japan start to rise as a result.

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U.S. warns export giants not to rely too much on U.S. consumers

The United States on Friday pressed the world's leading exporters, including Germany and Japan, to generate more economic growth within their borders, warning that the world could not rely too much on U.S. consumers.

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IMF and World Bank's 2015 Annual Spring Meetings

IMF nations point to exchange rate, geopolitical risks

The International Monetary Fund's member nations on Saturday warned of risks to the global economy from exchange rate shifts and geopolitical tensions as they took note of "moderate" global growth and "uneven prospects."

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New Zealand says Canada must get serious on Pacific trade pact

Canada must make a meaningful offer to open its markets under a Pacific trade pact now that the United States is moving ahead with a key piece of trade legislation, New Zealand Trade Minister Tim Groser said on Friday.

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Pump jack

Brent crude oil prices fall as OPEC production soars

Brent crude oil prices fell on Friday, ending a run of rallies earlier in the week, after OPEC said that its output surged in March, adding to a global glut.

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Global stocks near all-time highs despite Greek drama

Global equities were set for their third straight weekly gain on Friday, hovering near fresh all-time highs as cheap central bank cash kept buoying markets and offset fears that Greece may run out of money as debt repayments loom.

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Phantom drone

China’s DJI drones flying high among U.S. companies

Chinese drone maker SZ DJI Technology Co Ltd has established a strong early lead in the U.S. commercial market as companies turn to its inexpensive, light-weight flying devices for a host of uses from shooting films to mapping and site inspections.

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Stock Exchange Taiwan

Emerging shares seen lagging developed countries for fifth straight year

The roaring stock market rallies of the United States, Japan and Europe show no sign of reaching most emerging markets, where lackluster economic growth and company profits point to a fifth straight year of lagging performance.

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Dollar gains against euro on dovish ECB; weak U.S. data caps gains

The U.S. dollar rebounded against the euro on Wednesday after the European Central Bank reiterated its dovish stance on monetary policy, though weaker-than-expected U.S. economic data limited the dollar's advance.

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Martin Winterkorn

VW struggle in 'diplomacy phase' as investors weigh CEO change

Volkswagen's (VOWG_p.DE) first leadership crisis in a decade has burst into the open with Chairman Ferdinand Piech's surprise public denunciation of CEO Martin Winterkorn -- but the standoff is now more likely to play out behind closed doors.

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Nokia in talks to buy Alcatel-Lucent; France wary about jobs

Nokia Oyj (NOK1V.HE) is in talks to buy smaller telecom equipment maker Alcatel-Lucent (ALUA.PA), a deal that would combine the industry's two weakest players but could pose challenges in cutting costs and overcoming political opposition.

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China Red Flags

Global business groups urge China to suspend bank IT rules

Business associations from the United States, Japan and Europe told Chinese officials on Monday they still have "strong concerns" about bank information technology rules and urged Beijing to formally suspend them.

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U.S. Capitol

Budget deficit rises to $53 billion in March

The United States ended the month of March with a budget deficit of $53 billion, up 43 percent from the same period last year, the U.S. Treasury Department said on Monday.

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Iranian Crude

IEA sees sharp rise in Iran oil output in 3-5 years post nuclear deal

World oil markets will not see a significant rise in Iranian supplies for up to five years even if the OPEC member and world powers clinch a final nuclear deal by end-June, Fatih Birol chief economist and future head of International Energy Agency (IEA) said.

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Ferdinand Piech (R) and Martin Winterkorn

Volkswagen chairman appears isolated on board after CEO criticism

Volkswagen (VOWG_p.DE) Chairman Ferdinand Piech faces growing resistance within the carmaker's supervisory board to his criticism of Chief Executive Martin Winterkorn.

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