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WSJ.com: What's News Asia
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What's News Asia
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Evidence Ties Afghan Leaks to Soldier
Investigators have found concrete evidence linking Pfc. Bradley Manning with the leak of classified Afghanistan war reports, a defense official said.
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From Tiananmen Square to Possible Buffett Successor
Li Lu, a student leader at Tiananmen Square, founded a hedge fund that has garnered a 26% return since 1998, and is now a leading candidate to run a chunk of Berkshire's $100 billion portfolio.
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Asia Slips on U.S. Sentiment
Asian stocks were mostly lower Friday on Wall Street's weakness. The Nikkei fell 1.2% despite strong earnings from Sony and Nissan Motor.
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Japan Consumer Prices Fall 1%
Japan's core consumer price index fell 1% from a year earlier in June, in another sign that the country's economy remains mired in deflation.
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DBS Impairment Charge Hits Results
DBS Group reported a 30% gain in its headline second-quarter net profit, but it flagged a one-off US$748 million impairment charge for its Hong Kong business.
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Cheung Kong Infrastructure Buys EDF Unit
A consortium led by Cheung Kong Infrastructure Holdings agreed to pay $9.05 billion for Electricite de France SA's U.K. electricity distribution networks, a person familiar with the situation said.
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Google Site Shows China Searches Blocked
A Google website indicated its search engine is largely unavailable to users in mainland China, though some users reported the web search was accessible from Beijing.
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IMF Urges China to Consume More
China's trade surplus is set to balloon again unless the government takes more steps to support domestic consumption, including letting its currency strengthen, the IMF warned.
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AgBank IPO Closer To Being World's Biggest
AgBank raised an additional $1.57 billion from exercising the overallotment option of its Hong Kong share offering, bringing the lender a big step closer for being the world's biggest IPO.
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Chinese Police Apologize to Reporter
A showdown between a Chinese business reporter and local police who put him on a wanted list for articles criticizing a local company ended with city officials ordering the police to apologize, in an episode viewed as a victory for the country's increasingly feisty media.
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