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Asia taken aback by Wall St swoon, pins hopes on China

SYDNEY - Asian shares stumbled on Friday after a month-end swoon on Wall Street, though some were hoping China would offer better news on manufacturing and help steady investor sentiment.

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BOJ's Kuroda defends upbeat economic view despite soft data

TOKYO - Bank of Japan Governor Haruhiko Kuroda came out fighting on Friday, giving a spirited defense of the economy's performance after a run of weak data, and reiterated his readiness to expand stimulus if inflation faltered on the path to his 2 percent target rate.

12:55am EDT

China PMIs jump to multi-month highs in July, add to view economy is steadying

BEIJING - China's factories posted their strongest growth in at least 1-1/2 years in July as new orders surged to multi-month highs, two surveys showed on Friday, cementing bets that the economy is re-gaining momentum after a spate of stimulus measures.

12:28am EDT

Disappointment, uncertainty after India blocks WTO trade deal

SYDNEY/GENEVA - Several member states of the World Trade Organisation voiced frustration after India's demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades.

31 Jul 2014

Lawyers expect hundreds of claims at start of GM ignition-switch fund

NEW YORK - Several hundred claims are expected to be filed at the start of a GM-financed program being launched Friday to compensate victims of a faulty ignition switch on some of its vehicles, lawyers say.

31 Jul 2014

SEC launched extensive probe to identify sources in Reuters stories

NEW YORK/WASHINGTON - A U.S. Securities and Exchange Commission watchdog conducted an extensive, months-long investigation to find out who had leaked information that appeared in two Reuters stories published last autumn, but it was unable to identify the sources, according to a report of the probe seen by Reuters on Thursday.

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