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Japan scored a victory in its decadelong battle against falling prices known as deflation, as the yen tumbled to trade at 100 to the dollar for the first time in four years.
The largest garment manufacturer in Bangladesh closed three factories, citing structural concerns about the rented space.
Manchester United named David Moyes as its new manager, a day after Alex Ferguson, the most successful coach in English soccer, announced his retirement.
Gunmen on motorcycles attacked Ali Haider Gilani, son of former Pakistani Prime Minister Yousuf Raza Gilani and a candidate in Saturday's election, during a rally in Punjab.
South Korea's central bank unexpectedly cut its benchmark interest rates, as Asia's fourth-biggest economy struggles with weak exports and domestic demand.
Ruquiya Hashmi has been called the Benazir Bhutto of Pakistan's Baluchistan province. She hopes a victory can help keep her people from being marginalized in national politics.
Chinese investors poured more than $200 billion into trust investments in the first quarter, but the industry warned it faces tougher competition as banks and brokerage firms encroach on its turf.
The FCC is likely to vote Thursday in favor of considering a proposal to free up satellite airwaves to provide faster Internet service on airliners.
McDonald's and Wendy's are struggling to attract cost-conscious consumers who are demanding better deals than even these low-price fast-food chains offer.
Enron's incarcerated former president and CEO Jeffrey Skilling and the Justice Department have reached an agreement that would cut his federal prison sentence to as little as 14 years from 24 years.
The Standard & Poor's 500-stock index reached an all-time high for the fifth-consecutive trading session. The Dow industrials added 49 points after topping 15000 for the first time Tuesday.