APEC INPUT: The WTO director-general said he would convey the sense of urgency he heard in Hanoi for restarting trade talks to the organization's members in Geneva
WTO chief Pascal Lamy said yesterday that he would pass on a "loud and clear" call from key Asia-Pacific nations for an urgent resumption of talks on tearing down trade barriers.

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FLAT MARKET: Despite revenue problems in the print media, the tycoon said things were still rosy for the company, especially with Internet advertising
Media mogul Rupert Murdoch said yesterday his News Corp was in a "very healthy" state despite flat advertising revenue in major newspaper markets across the globe.

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Venture capitalists hoping to strike it rich are increasingly betting on the entrepreneurial skills of US immigrants -- a melting pot that has already cooked up more than US$500 billion in shareholder wealth, according to a study released yesterday.

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Japanese instant noodle maker Nissin yesterday announced a capital alliance with rival food company Myojo, in a move to block a takeover offer from a US investment fund and possibly trigger a bidding battle.

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Beijing's largest retailer, Wumart Stores Inc (物美商業集團), has appointed an interim replacement for its chairman and co-founder who resigned earlier, Dow Jones Newswires reported yesterday.

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■ Software
Microsoft gets ultimatum
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