LACKING BUYERS: Despite rosy statistics about the economy, it appears only a few companies are hiring, a situation that could choke off the nascent recovery
Economists are reassessing their outlook for the US after last week's shock employment report that suggested the US labor market is far weaker than earlier believed.

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TRADE TENSIONS: Beijing is planning to develop its own standards and formats for various electronic products, raising concerns about the effect on American exporters
To high-technology companies, China has been a land of seemingly pure promise in recent years. Not only is it a fast-growing consumer market, but it has also become a low-cost global workshop for assembling technology products for American, European and Japanese companies.

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China's economy grew 8.5 percent last year, its fastest pace in six years, as companies such as PSA Peugeot Citroen and Huawei Technologies Co expanded factories to meet rising consumer demand and surging overseas orders.

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Top central bankers warned Monday against "brutal moves" in currency markets affected by the weak dollar at a meeting here, European Central Bank (ECB) president Jean-Claude Trichet said.

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Viacom Inc's Paramount Pictures, Time Warner Inc's Warner Bros and at least five other film studios will be charged with breaching EU antitrust rules, according to people familiar with the situation.

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■ LCD Panels
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