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  • China, a focus of much of the recent market concern, released foreign reserves data on Sunday which showed the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. The country's foreign reserves fell $99.5 billion to $3.23 trillion in January, the lowest level since May 2012, central bank data showed. Federal Reserve Chair...

  • *Dollar holds on to Friday's gains. *Much of Asia shut for the Lunar New Year holidays. SYDNEY, Feb 8- The dollar held onto its post-payrolls gains early on Monday in a sluggish start to the week with the Lunar New Year holidays and the Super Bowl game all but guaranteeing a tepid session in Asia.

  • NEW DELHI, Feb 8- A doctor at a hospital in India's capital, New Delhi, was recently tracking a wall of monitors displaying the vital signs of intensive care patients admitted hundreds of miles away when red-and-yellow alerts rang out. India's top private hospitals, seizing on a shortage of critical-care doctors, are expanding into the remote management of...

  • NEW DELHI, Feb 8- India will release data on Monday showing it remains one of the fastest growing economies in the world, but economists are struggling to reconcile that rosy picture with ground realities like weak exports, investment, and flat corporate order books. "There are inconsistencies between the picture presented by new GDP series and many other tried...

  • *China investing $46 billion in new trade route. GWADAR, Pakistan, Feb 8- A heavy police presence, guarded convoys, new checkpoints and troop reinforcements have turned parts of the southern port city of Gwadar into a fortress, as Pakistan's powerful military seeks to protect billions of dollars of Chinese investment. Securing the planned $46 billion economic...

  • In September, German prosecutors searched offices and residences linked to Maple Bank in a probe of serious tax evasion and money laundering connected to so called dividend stripping trades. Bafin said in a statement that once Maple Bank made some necessary tax provisions, over-indebtedness loomed. German daily Sueddeutsche Zeitung reported on Sunday...

  • FRANKFURT, Feb 7- Volkswagen will offer generous compensation packages to the roughly 600,000 U.S. owners of diesel vehicles whose emissions are over the legal limit, the head of its claims fund told a German paper. The German car maker has still not decided whether vehicle owners will be offered cash, car buy-backs, repairs or replacement cars, Kenneth Feinberg...

  • NEW YORK, Feb 7- U.S. cotton farmers are expected to boost acreage by 6.2 percent this year as weak market prices for competing crops including corn and soybeans lead them to devote more area to the fiber, an industry group concluded after a survey. The National Cotton Council, or NCC, expects plantings in the world's biggest exporter to rise to 9.1 million acres in...

  • CAMARILLO, Calif.— The average price of gasoline has dropped 8 cents over the past two weeks, to $1.82 a gallon. In the Lower 48 states, the highest average price of regular gasoline was $2.62 per gallon in Los Angeles. The lowest was $1.44 in Tulsa, Oklahoma.

  • NEW YORK— Chet Kanojia, the founder of startup TV service Aereo, has a new offering that could shake up the cable industry again. The service is expected to launch this summer, starting in Boston. In an interview with The Associated Press, Kanojia insists he's not going after the cable industry— but his service would compete directly with cable companies'...

  • SACRAMENTO, Calif.— California voters embraced the idea of building the nation's first real high-speed rail system, which promised to whisk travelers from San Francisco to Los Angeles in under three hours, a trip that can take six hours or more by car. In the second phase of a court challenge filed in 2011, attorneys for a group of Central Valley farmers will argue...

  • NEW YORK— " Kung Fu Panda 3" again led the box office over Super Bowl weekend, while the Coen brothers' "Hail, Caesar!" Joel and Ethan Coen's' 50 s Hollywood satire "Hail, Caesar! "opened in second place with an estimated $11.4 million for Universal Pictures.

  • AMMAN, Jordan— Jordan's planning minister says his country has been promised easier trade terms by the international community, potentially generating large-scale investment and "hundreds of thousands of job opportunities." Fakhoury spoke after last week's Syria aid conference, where donors pledged more than $10 billion, including aid to 4.6 million...

  • ROCKMART, Ga.— A coroner says a man has died and six others were injured in an explosion at a plant in northwest Georgia. Polk County Coroner Tony Brazier says 25- year-old Justin Deems died in the explosion that occurred at 2:37 a.m. Sunday at JCG Farms, a feed mill related to chicken farming. Rockmart City manager Jeff Ellis told local media that the cause of the...

  • SIOUX FALLS, S.D.— Jessica Ries settles in behind the counter of Tip Top Tux and phones a couple to remind them of an upcoming fitting before their wedding. Dennis Daugaard has proposed a half-cent sales tax increase to help raise teacher pay, but his plan needs two-thirds approval in both the House and the Senate— a tough proposition in a legislature with an...

  • FREEPORT, N.Y.— When this Long Island village switched on its "ring of steel" last fall, it knew it was getting a potent policing tool. Police weren't prepared, though, for the firehose of less-valuable intelligence generated by the $750,000 system. "It is a tremendous amount of workload that has been increased due to this new technology," said Miguel Bermudez, police...

  • ALBANY, N.Y.— An upstate New York town that repeatedly found itself without power for days during a string of storms is planning a dramatic step by pulling its municipal buildings entirely off the electric grid. The decision by Nassau to rely on solar, wind, landfill gas and battery storage by 2020 puts the town of 5,000 near Albany on the leading edge of a national...

  • *Deal to boost tycoon Charoen's retail presence in Thailand. HONG KONG/ BANGKOK, Feb 7- France's Casino Group has agreed to sell its majority stake in Thai hypermarket operator Big C Supercenter for 3.1 billion euros excluding debt to Thailand's TCC Group, it said on Sunday. Casino announced a 4- billion-euro disposal plan in 2016, including the sale of its...

  • MOGADISHU, Somalia— Security video footage taken at Mogadishu airport shows two men handing what looks like a laptop computer to the suspected suicide bomber after he passed through the security checkpoint, Somalia's government spokesman said Sunday. The man who received the laptop is the suspected suicide bomber who was blown from the Daallo Airlines jet...

  • EDEN, N.C.— Giant earthmoving machines beep and grind as they drop 17- ton scoops of coal ash and dirt into dozens of railroad cars lined up for two-thirds of a mile at a site along the Virginia- North Carolina border, where the country's largest electricity company was responsible for one of the worst spills of the toxic, liquefied waste in U.S. history.