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Reuters - South Korea unveiled an economic stimulus plan on Monday and markets geared for more interest rate cuts in Europe and Australia in a frantic campaign to keep the financial crisis from plunging the world into its worst recession in decades.
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0 Comments AP - India's benchmark stock index rose 4.6 percent in morning trade Monday, as investors digested the central bank's weekend decision to cut the nation's key interest rate and release $8.1 billion into the country's financial system.
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Reuters - South Korea unveiled an economic stimulus plan on Monday and markets geared for more interest rate cuts in Europe and Australia in a frantic campaign to keep the financial crisis from plunging the world into its worst recession in decades.
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Reuters - Panasonic Corp (6752.T) said nothing has been decided about a potential takeover of rival Sanyo Electric Co Ltd (6764.T), after sources said the companies had agreed in principle to a deal to create Japan's largest electronics maker.
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