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India's new government introduced a reform-minded budget on Thursday focusing on promoting manufacturing and infrastructure, expanding the tax base and overhauling populist subsidies.
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Asian stocks gain, Indonesia up after election

Youkyung Lee, Associated Press  |  posted 14 minutes ago
Asian stock markets were mostly higher Thursday after China's exports showed a slight pickup. Indonesian stocks surged despite a contested presidential election result.
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Hoping to project power, China finds itself alone

Jack Chang, Associated Press  |  posted 34 minutes ago
Nearly three decades after Chinese leader Deng Xiaoping famously instructed his diplomats to "be good at maintaining a low profile and never claim leadership," a new generation of rulers has made it clear that they're ready to shed the humility and show off their country's rising military and political power.
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Border surge overwhelming, officials tell Congress

Erica Werner, Associated Press  |  posted Jul 9th - 6:30pm
Tens of thousands of children streaming from chaotic Central American nations to the U.S. border have overwhelmed the government's ability to respond, senior Obama administration officials testified Wednesday as they urged senators to agree to the president's emergency spending request for the crisis.
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Pot gives Oregonians a reason to visit neighbor

Steven Dubois, Associated Press  |  posted Jul 9th - 5:31pm
Legal pot means Portlandia is going to get to know "The Couv" a little better.
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California man faces prison for economic espionage

Paul Elias, Associated Press  |  posted 44 minutes ago
A Northern California chemical engineer is facing more than 20 years in prison for a rare economic-espionage conviction for selling to China the technology that creates a white pigment.
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South Korea cuts growth outlook on ferry disaster

Youkyung Lee, Associated Press  |  posted Jul 9th - 11:10pm
South Korea's central bank said economic growth will be slower than expected this year because consumer spending has waned following a deadly ferry sinking.
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China export growth edges up to 7.2 percent

Kelvin Chan, Associated Press  |  posted Jul 9th - 10:40pm
China's export growth edged higher in June in a small sign of improvement for the world's second biggest economy as it undergoes an uneven recovery.
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Report: Chinese hackers hit US personnel networks

The Associated Press  |  posted Jul 9th - 9:43pm
Chinese hackers broke into the computer networks of the U.S. Office of Personnel Management earlier this year with the intention of accessing the files of tens of thousands of federal employees who had applied for top-secret security clearances, according to The New York Times.
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Colorado completes 1st legal pot market study

Kristen Wyatt, Associated Press  |  posted Jul 9th - 8:31pm
Colorado is smoking pot by the ton, and visitors are, too.
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Study: Psych drug ER trips approach 90,000 a year

Lindsey Tanner, Associated Press  |  posted Jul 9th - 8:20pm
Bad reactions to psychiatric drugs result in nearly 90,000 emergency room visits each year by U.S. adults, with anti-anxiety medicines and sedatives among the most common culprits, a study suggests.
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Brennan's to reopen after bankruptcy sale

The Associated Press  |  posted Jul 9th - 6:40pm
A restaurant that for decades was a fixture of the New Orleans culinary scene is back — at least in name.
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Senate approves bill to clean up toxic Nevada mine

The Associated Press  |  posted Jul 9th - 6:31pm
The U.S. Senate has approved legislation intended to launch the long-awaited cleanup of a toxic, abandoned manganese mine outside of Las Vegas.
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Korean firm to pay $2M to settle case in Virginia

The Associated Press  |  posted Jul 9th - 5:41pm
A South Korean chemical company has agreed to pay $2 million to settle a criminal complaint alleging attempted theft of a competitor's trade secrets.
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Memphis 'Blue Flu' symbol of pension troubles

Adrian Sainz, Associated Press  |  posted Jul 9th - 5:31pm
Faced with major changes to their health insurance benefits, more than 500 Memphis police officers called in sick Wednesday for the second consecutive day to protest cuts aimed at helping buttress the city's troubled pension program in a showdown that reflects wider struggles in cash-strapped urban centers across the country.
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Bank BNP Paribas pleads guilty to violating rules

Larry Neumeister, Associated Press  |  posted Jul 9th - 5:31pm
BNP Paribas, France's largest bank, pleaded guilty Wednesday to a federal charge of violating U.S. economic sanctions by processing transactions for clients in blacklisted countries, a development that a Manhattan judge said should show that no financial institution is "immune from the rule of law."
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