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China data buoys Asia shares
HONG KONG (Reuters) - Asian shares edged up on Friday as strong Chinese economic data supported regional recovery hopes, but Japanese exporters were hurt by a stronger yen as the dollar fell to its lowest in a year against a basket of currencies.
Reuters

China`s exports, trade surplus fall in August
China's exports languished in August, contracting 23 percent, increasing the onus on Beijing's massive stimulus spending to drive an economic recovery. Customs data released Friday show August's exports were worth $103.7 billion compared with $134.9 billion... Sponsored Topics: China - Balance of trade - Export - Asia - Business and Economy
SF Gate

Wall street rallies for fifth day
WALL Street's main indexes jumped to fresh 2009 highs overnight as upbeat corporate news and generally positive economic data helped the market extend its winning streak to a fifth day.
The Australian

Video: Millions Now Face Poverty
As the massive economic recession continues, millions of Americans have encountered increasingly harsh economic prospects. Randall Pinkston reports from Wesson, Miss.
CBS News

Co-movements between US and UK stock prices: the role of time-varying conditional correlations
We provide evidence on the nature of co-movement in monthly US and UK stock returns by investigating time-varying correlations in returns since 1980. There is a marked increase in correlations between these markets around 2000, which we attribute to globalization and model with a time-varying smooth transition conditional correlation (STCC) GARCH specification. A double transition correlation model with time and US stock price volatility indicates that correlations not only increase over time but also during periods of high volatility. The STCC models perform well in comparison with constant and dynamic conditional correlation models in terms of both statistical and economic criteria, but we demonstrate that an investor will gain little from portfolio diversification across these two important markets. Copyright © 2009 John Wiley & Sons, Ltd.
Wiley InterScience

Commercial, multifamily mortgages still showing strain
Many economic indicators such as the stock market are continuing to improve, but these recent gains have yet to show up in areas like mortgage delinquency rates. According to the Mortgage Bankers Association, delinquency rates increased in the second quarter for commercial and multifamily...
Market Watch

Geithner: It`s Time to Wind Down Economic Rescue Programs
A year after September '08 panic, Treasury Secy. says it's time to reevaluate.
ABC News

Dell to Help Hospitals Adopt Electronic Medical Records
Dell is rolling out a package of hardware, software and services designed to make it easier and less costly for hospitals and their affiliated physicians adopt electronic medical records. EMR systems not only promise to make healthcare less costly and more efficient, but also is a key goal behind the federal governments economic stimulus package. Dells solution would be hosted by the hospital or a Dell partner, and would include Dell hardware and third-party applications. - Dell is offering hospitals and their affiliated physicians an EMR (electronic medical information) system that removes the barriers of complexity and cost from the equation. Dell on Sept. 10 announced its Affiliated Physicians EMR offering, a combination of hardware, software and support that will ...
eWEEK

Stocks end at 2009 highs
Stocks surged Thursday, with the major gauges ending at the highest point in nearly a year, after a strong response to a debt auction and Procter & Gamble's improved forecast added to economic recovery hopes..
CNN

Neuroeconomics: Why It Pays to Be Nice
How emotions shape our economic decisions.
Newsweek

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