The Dow Jones industrials rose 186.79 points, or 1.52%, to 12453.54, the highest closing level since June 5, 2008. Wednesday's climb represented the measure's largest one-day gain since March 3.
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In official comments that have fueled speculation about faster appreciation of the yuan, senior Chinese leaders seem to be acknowledging an argument long made by Washington and others that a stronger yuan may be helpful in taming the country's rising inflation.
Japan's government is considering prohibiting people from entering an evacuation area within a 20-kilometer radius of the Fukushima Daiichi nuclear power plant.
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In a rare victory for shareholder activism in Japan, the president of a boutique shopping-mall operator Wednesday said he would resign, bowing to pressure from shareholders and averting a potentially messy proxy battle.
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Daiwa Securities' efforts to expand in Asia should start paying off in the second half of the current financial year, and the brokerage is stepping up its growth drive, CEO Takashi Hibino said in an interview.
Central banks in South Korea, Thailand and Malaysia intervened to slow a surge in their currencies in a broad Asian rally that carried the Singapore and Australian dollars to fresh highs against the U.S. currency.
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Nissan said it will begin building its new Infiniti JX sport-utility vehicle in the U.S. next year in response to the rising value of the yen against the U.S. dollar.
China Mobile said first-quarter net profit rose 5.4% to $4.12 billion, missing analysts' expectations as competition in China's telecommunications sector intensifies.
The Bank of Thailand raised its benchmark rate for a fourth straight meeting, continuing its normalization efforts as inflationary pressure builds.
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China plans to cut taxes on low-income earners and raise them somewhat for the rich under new legislation expected to pass shortly, one effort to address a widening income gap thought to threaten the country's social stability.
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Tim Hetherington, the Oscar-nominated co-director of the 2010 film "Restrepo" was killed Wednesday in Libya amid a battle between rebel and government forces.
A weaker dollar boosted gold's record-breaking rally, lifting prices firmly above the $1,500 level, while silver futures were at a record.
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But is it prepared for the structurally lower growth it gets as a result of belated tightening?
While Japanese manufacturers have 70% of the global market for industrial robots, the country's robots have been conspicuously absent from the site of the disaster at the Fukushima Daiichi nuclear plant.
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More dog owners are looking to create custom breeds that combine in a single dog the best traits of two registered purebreds. This, in turn, has spawned demand for cavachons, shih-poos, schnoodles and other hybrids.
On the Thai island of Koh Samui, where Maenam and Bophut beaches intersect, 17 luxury residential villas are going up as part of the Residences at W Retreat Koh Samui.
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Macau casino operators Wynn Macau and Galaxy Entertainment Group reported first-quarter earnings were up sharply from a year earlier as revenue in the world's largest gambling market continued its rapid climb.
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The popularity, among Indian fans, of James Cameron's three-dimensional blockbuster Avatar and Carlos Saldanha's computer-animated film Rio has lured private equity capital to back to movies. For instance, Dar Capital Group, in collaboration with BVG Films, will invest 1 billion rupees ($22.5 million) to produce and market three 3-D films over the next two years.
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Most Asian markets posted gains, on strong U.S. technology earnings reports and higher commodity prices. The Nikkei rose 1.8%.
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The largest book publishers are facing increasing pricing pressure on the digital front as the number of cheap, self-published digital titles gain popularity. Amazon's top 50 best-seller list features 19 books under $5, including seven works from part-time thriller writer John Locke--all priced at 99 cents.
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France and Italy are joining Britain in sending military officers to Libya to help rebel forces organize and to bolster the NATO air campaign that has failed to rout Gadhafi's military.
Military personnel who suffer a traumatic brain injury need to be fed adequately and immediately to reduce the severity and improve survival chances, according to a new report.
Furniture makers have found home decorators' new sweet spot—accessible custom furniture.
If you want to invest in a Chinese company, maybe you're better off doing it in China.
Analysis and insights from The Wall Street Journal and Dow Jones Newswires on the news in China, India, Japan and Korea.
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In today's pictures, a Christian woman takes part in a baptism in the Jordan River, Italian police investigate a recently found ancient mausoleum, cyclists race across Belgium, reindeer show their strength and more.
Military personnel who suffer a traumatic brain injury need to be fed adequately and immediately to reduce the severity and improve survival chances, according to a new report.
In the Digital Solution, Katherine Boehret tests the iPhone app for RockMelt, a new Web browser for the serious social network user.
Greg Mortenson, author of Three Cups of Tea is facing accusations that he made up large portions of the best-selling book.
As people from around the globe flood into China in search of riches, more than 50% of China's rich are considering leaving the country.
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A protest against a government plan to build a nuclear power plant in India's state of Maharashtra turned violent on Tuesday. Some snapshots.