India and Pakistan agreed to again restart wide-ranging peace talks, largely on hold since Pakistan militants attacked Mumbai in 2008.
Stock markets in Asia were mixed with investors trading cautiously as tensions remained high in Egypt. South Korea's Kopsi fell 1.6%, and Taiwan's Taiex was down 2.6%.
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Vietnam's central bank devalued its currency Friday by 8.5% in its third devaluation in a year as the Southeast Asian country battles high inflation and a gaping trade deficit.
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A cooperating witness "fabricated" information in secretly recorded conversations he had with Galleon's founder, a lawyer said. The criminal trial of Raj Rajaratnam on insider-trading charges was delayed until March 8.
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A U.S. government panel is poised to recommend that the president unravel an acquisition made by China's Huawei Technologies, after the Pentagon sought review of the deal.
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Shares of Indonesian airline Gardua fell 17% in their trading debut amid skepticism of the nation's airline industry, with underwriters taking up 48% of the shares.
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DBS's fourth-quarter net profit rose 38% from a year earlier on an improvement in non-interest-related income and lower allowances.
The sudden departure of Ian Smith, chief executive of Australia's Newcrest Mining, to "pursue other areas of personal interest" has attracted inevitable questions about what he will do next.
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The Bank of Korea left its benchmark interest rate unchanged at 2.75% Friday, expressing caution about external risks to the local economy despite the government's call for a "war on inflation" to combat surging prices.
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Newcrest Mining's profit more than doubled in the fiscal first half, and the gold miner said CEO Ian Smith will step down.
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Luggage-maker Samsonite is set to interview bankers next week for an advisory role on a possible listing in Hong Kong.
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News from the Wall Street Journal and Dow Jones Newswires
Chinese regulators issued a rare denial of a local media report that the country could lose up to $450 billion on its investment in securities issued by U.S. housing giants Fannie Mae and Freddie Mac.
The Indian Air Force search for 126 fighter planes is coming to a head, and the six companies pushing their aircraft are beginning to pull out all the stops to try and nose their way ahead in the race.
The hot gossip in South Korea is that North Korean dictator Kim Jong Il may have another son.
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