Stocks End Off Lows; S&P 500 and Nasdaq Log Worst Week in 2013
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Michael Foust, CEO at Digital Realty, speaks about the cost effectiveness of data centers and current trends in the industry along with business model, growth prospects and the company's acquisition plans.
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LONDON/ SEOUL- North Korea has asked embassies to consider moving staff out and warned it cannot guarantee the safety of diplomats after April 10, Britain said, amid high tension and a war of words on the Korean peninsula.
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LONDON, April 5- Britain's most high-profile entertainment retailer HMV was handed a lifeline on Friday when a turnaround group bought it, ensuring a future for a firm which gave the Beatles one of their first big breaks.
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SEOUL- North Korea has placed two of its intermediate range missiles on mobile launchers and hidden them on the east coast of the country in a move that could threaten Japan or U.S.
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SEOUL, April 5- Samsung Electronics is spending more on marketing than R&D for the first time in at least three years, prompting some pundits to warn that the IT giant is sacrificing innovation at a time when the market is teeming with ever smarter gadgets.
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GENEVA, April 5- The World Health Organization said on Friday there was no sign of "sustained human-to-human transmission" of the H7N9 virus in China, but it was important to check on 400 people who had been in close contact with the 14 confirmed cases.
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*BOJ radical easing triggers Hong Kong outflows. HONG KONG, April 5- Hong Kong shares finished a holiday-shortened week at their lowest close since Nov. 28, as fears of a bird flu outbreak sparked a broad selloff, and further falls looked possible after the benchmark index broke below a key technical support.
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HONG KONG, April 5- Hong Kong shares finished a holiday-shortened week at their lowest close since Nov. 28, as fears of a bird flu outbreak sparked a broad selloff, and further falls looked possible after the benchmark index broke below a key technical support. The China Enterprises Index of the leading Chinese listings in Hong Kong shed 3.1 percent.
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HONG KONG, April 5- Hong Kong shares tumbled to a four-month low on Friday, led by airlines as fears of a bird flu outbreak sparked a broad selloff, with a benchmark index breaking below a key chart support, pointing at further losses ahead.
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*Plunge in Korea, China pulls MSCI Asia ex- Japan down 1.1 pct. TOKYO, April 5- Asian shares hit a three-month low on Friday as concerns over bird flu in China and escalating tensions in the Korean peninsula unsettled investors as they counted down to potentially pivotal U.S. payrolls data out later in the session.
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HONG KONG, April 5- Hong Kong shares extended losses in heavy trade on Friday, with growth-sensitive sectors taking some of the bigger hits on escalating worries that a new strain of bird flu in China could hurt the economy.
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*HSI -2.1 pct, H-shares -2.5 pct, China shut. *China oil majors hit by slumping oil prices. HONG KONG, April 5- Hong Kong shares tumbled to a four-month low on Friday, with growth-sensitive sectors taking some of the bigger hits on rising worries a new strain of bird flu in China could hurt the local economy.
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HONG KONG, April 5- Hong Kong shares were set to start lower on Friday as lower oil prices pull down the three Chinese oil majors, with PetroChina and CNOOC each down more than 2 percent. The Hang Seng Index was set to open down 0.5 percent at 22,230.9. The China Enterprises Index of the leading Chinese listings in Hong Kong was indicated to start down 0.4 percent.
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HONG KONG, April 5- Hong Kong shares could start higher on Friday as markets reopen following a public holiday, bolstered by the Bank of Japan's unprecedented monetary expansion.
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Michael Foust, CEO at Digital Realty, speaks about the cost effectiveness of data centers and current trends in the industry along with business model, growth prospects and the company's acquisition plans.
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*Corn market struggles to find a bottom after USDA stocks data. CHICAGO, April 4- U.S. corn futures fell to a nine-month low Thursday on continued technical selling and fund liquidation, while soybeans hit a 10- month low on worries that bird flu cases in China may slow feed demand there, traders said.
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HONG KONG, April 5- The mystery lender behind a Thai billionaire's $9.4 billion purchase of a stake in China's No.2 insurer was UBS, which offered a last minute and complex financing package known to only a few involved, people with knowledge of the matter told Reuters.
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April 4- Here is a list of economic questions that have something in common. In a recession, should governments reduce budget deficits or increase them? Do zero percent interest rates stimulate economic recovery or suppress it?
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*China reports 10 cases, four deaths, from new bird flu. And according to Ab Osterhaus, a world leading flu researcher who is head of viroscience of the Erasmus Medical Centre in the Netherlands, studies his team and another in the United States have been doing are the best way to find out.
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SEOUL/ WASHINGTON- The United States said it would soon send a missile defence system to Guam to defend it from North Korea, as the U.S. military adjusts to what Defense Secretary Chuck Hagel called a "real and clear danger" from Pyongyang.
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HONG KONG-- A rare chance to dine with world-famous Spanish restaurateur Ferran Adria sold at auction Wednesday for 220,500 Hong Kong dollars. An online bidder beat out four others at the Sotheby's auction in Hong Kong with a winning bid of HK $180,000, not including a buyer's premium of more than 20 percent.