Oil drops in Asia as stock markets extend slide (AP)

AP - Oil prices extended losses Monday in Asia as stock markets fell and hopes faded for a sudden revival in energy demand.

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Oil drops in Asia as stock markets extend slide
(AP)

Asian stocks extend slump after US growth data (AP)

AP - Asian stocks extended their slump Monday as last year’s rally showed more signs of petering out.

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Asian stocks extend slump after US growth data
(AP)

Toyota plans to give details on pedal fix in US (AP)

AP - Toyota Motor Corp. said it will give details early Monday in the U.S. on how it plans to fix gas pedals in more than 2 million vehicles being recalled there, as the Japanese automaker struggles to reassure anxious owners

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Toyota plans to give details on pedal fix in US
(AP)

SKorea exports post biggest gain in over 2 decades (AP)

AP - South Korea’s exports surged in January, posting their biggest gain in more two than decades as shipments of auto parts, semiconductors and consumer electronics rose amid the global economic recovery.

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SKorea exports post biggest gain in over 2 decades
(AP)

BOJ may need to do more vs deflation: report (Reuters)

Reuters - The Bank of Japan may need to do more on the monetary policy front to stop deflation, the Nikkei daily quoted Japan’s Finance Minister Naoto Kan as saying, keeping pressure on the BOJ to help support a fragile economic recovery.

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BOJ may need to do more vs deflation: report
(Reuters)

Amazon.com to capitulate to Macmillan price demand (AP)

AP - Amazon.com says it will give in to publishing giant Macmillan and agree to sell electronic versions of its books even at prices it considers too high.

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Amazon.com to capitulate to Macmillan price demand
(AP)

Toyota hopes media blitz will reassure customers (AP)

AP - Toyota has launched a media campaign to bolster its reputation for quality as nervous customers confront dealers across the country about faulty gas pedal systems.

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Toyota hopes media blitz will reassure customers
(AP)

Germany divided over buying secret Swiss bank data (Reuters)

Reuters - German politicians were divided at the weekend over whether to buy the bank data of up to 1,500 possible tax evaders with accounts in Switzerland that media say an informant has offered to sell authorities.

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Germany divided over buying secret Swiss bank data
(Reuters)

Fiat unions chafe at boss’s aggressive decisions (AFP)

AFP - Admiration for Sergio Marchionne, the dynamic boss of Italian automaker Fiat, is giving way to grumbling as unions and the government question some of his more aggressive decisions.

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Fiat unions chafe at boss’s aggressive decisions
(AFP)

Formula shows why it’s so hard to cut jobless rate (AP)

AP - The economy’s 5.7 percent growth last quarter — the fastest pace since 2003 — was a step toward shrinking the nation’s 10 percent unemployment rate.

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Formula shows why it’s so hard to cut jobless rate
(AP)

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