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Japan's Aeon 9-month profit rises, keeps outlook (Reuters)
Thursday, 05 January 2012
Reuters - Japanese retailer Aeon Co (8267.T) posted a 9 percent rise in nine-month operating profit, helped by cost cuts, the merging of several separate general merchandise store chains and increased sales of higher-margin store brand goods.
 
Oil falls to near $101 ahead of key US jobs report (AP)
Thursday, 05 January 2012

A member of the Nigerian Bar Association holds up a placard to protest a fuel subsidy removal in Lagos January 5, 2012. Nigerian trade unions threatened on Wednesday to call a national strike and shut down large parts of the country's oil industry from next week, if the government failed to restore a scrapped fuel subsidy. REUTERS/Akintunde Akinleye (NIGERIA - Tags: CIVIL UNREST POLITICS ENERGY BUSINESS CRIME LAW)AP - Oil prices fell to near $101 a barrel in Asia as investors await the latest U.S. employment data for clues about crude demand.


 
Europe woes hit shares, euro; U.S. job data eyed (Reuters)
Thursday, 05 January 2012

Traders are pictured at their desks at the Frankfurt stock exchange January 2, 2012. REUTERS/Remote/Pawel KopczynskiReuters - Asian shares fell and the euro hit a fresh 16-month low against the dollar on Friday on worries that the euro zone debt crisis is crippling European banks, with players hoping U.S. jobs data later in the day will improve sentiment.


 
Department forecasts 'modest' growth in Alaska (AP)
Thursday, 05 January 2012
AP - The state labor department is forecasting what it calls modest economic growth of 1.2 percent this year in Alaska.
 
Soros says EU break-up would be catastrophic: report (Reuters)
Thursday, 05 January 2012
Reuters - A collapse of the euro and break-up of the European Union would have catastrophic consequences for the global financial system, billionaire investor George Soros was quoted as saying.