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A look at economic developments around the world (Miami Herald)

A look at economic developments and stock-market activity around the world Wednesday:

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UPDATE: Asian Shares Falter After Recent Run; Techs Weak (The Forex Market)

SINGAPORE (Dow Jones)--Asian share markets were taking their cue Thursday from a sharp fall on Wall Street, as concerns were reignited about the outlook for corporate earnings and the health of the broader U.S. economy.

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Job Losses and Profit Warnings Could Weigh on Markets - RTTNews Daily Market Analysis (Nasdaq)

(RTTNews) - The major U.S. index futures are pointing to a lower opening on Wednesday. The markets have a slew of negative news to digest in today's session and traders could use them to take some profits on their recent gains.

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BASE METALS (Mineweb)

There have been some truly remarkable recoveries in patches of the global equities market, but the issue of sustainability remains on tenterhooks. Measured in dollar terms, the MSCI Barra index for global equities peaked out at a historic 1,675 points on 12 October 2007, exceeding the cyclical highs seen in March 2000, and reflecting five years of solid growth from 2002's cyclical lows.

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(AFX UK Focus) 2009-01-07 09:35 Hong Kong shares close sharply lower as China telcos, banks take a hit - UPDATE (Interactive Investor)

HONG KONG (XFN-ASIA) - Share prices closed sharply lower on further profit-taking in China telecom firms, as Beijing issued long-awaited 3G licenses, and a sell-off of mainland lenders after Bank of America cut its stake in China Construction Bank (CCB).

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