BERLIN - Think of real estate speculation and dubious lending policies and the current financial crisis comes to mind.

WASHINGTON - In a significant gesture to China, US President Barack Obama has issued a waiver on restrictions on export of C-130 cargo aircraft to China to be used in oil spill response operations at sea.

MUMBAI - A benchmark index of Indian equities was ruling 65 points higher Thursday, having slipped from its opening highs.

TOKYO - Japanese stocks soared 1.8 percent in Thursday morning trading as investor sentiment was bolstered by overnight gains on Wall Street.

WASHINGTON - India hopes to commence commercial negotiations with US companies shortly regarding supply of nuclear equipment under the landmark India-US civil nuclear deal, according to the Indian ambassador to the US Meera Shankar.
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