Asian shares gain on improving sentiment, G20 eyed

LONDON (Reuters) - The euro dropped and European shares fell on Thursday as growth data from the region's two largest economies came in weaker than forecast, throwing a first quarter recovery for the bloc into doubt. The German economy, Europe's largest, contracted by 0.6 percent in the final quarter of 2012, marking its worst performance since the global financial crisis was raging in...

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Analysis: North Korea nuclear-test drama rehashes old script

WASHINGTON/BEIJING (Reuters) - A North Korean nuclear test draws international condemnation, modest U.N. sanctions and expressions of hope in the United States that China will finally rein in its brazen ally. Beijing chides North Korea, but nothing much happens. The world has seen this movie before and it's likely to witness another rerun after North Korea's third nuclear...

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Westminster Names Affenpinscher Banana Joe Best in Show

People Pets By Kiran Hefa & Alison Schwartz 02/12/2013 at 11:55 PM EST Westminster has its top dog!After two days of meticulous primping, prizes and the less-pretty realities of any spirited championship, the 137th Annual Westminster Kennel Club Dog Show came to its finale Tuesday night, declaring Affenpinscher...

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Study questions kidney cancer treatment in elderly

In a stunning example of when treatment might be worse than the disease, a large review of Medicare records finds that older people with small kidney tumors were much less likely to die over the next five years if doctors monitored them instead of operating right away.Even though nearly all of these tumors turned out to be cancer, they rarely proved fatal. And surgery roughly doubled patients' risk...

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Dollar, euro ease against yen on G7 policy doubts

LONDON (Reuters) - The yen rose against the dollar and the euro on Wednesday as investors reconsidered a G7 statement on exchange rates aimed at soothing concerns of a currency war but instead provoked a fresh bout of volatility. The G7 reaffirmed its commitment to market-determined exchange rates and said that fiscal and monetary policies must not be directed at devaluing currencies...

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North Korea conducts third nuclear test, drawing new sanctions threat

SEOUL (Reuters) - North Korea conducted its third nuclear test on Tuesday in defiance of existing U.N. resolutions, angering the United States and Japan and prompting its only major ally, China, to call for calm. The North said the test had "greater explosive force" than the 2006 and 2009 tests that were widely seen as small-scale. Its KCNA news agency said it had used a "miniaturized"...

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It's a Girl for John Cho

Mom & Babies Celebrity Baby Blog 02/11/2013 at 06:30 PM ET Paul Drinkwater/NBCSurprise: Actor John Cho is a dad again!The Go On star and his wife welcomed a daughter recently, Cho’s rep confirms to PEOPLE exclusively.Baby girl is the second child for the couple, who are also parents to a son. No...

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Pope shows lifetime jobs aren't always for life

The world seems surprised that an 85-year-old globe-trotting pope who just started tweeting wants to resign, but should it be? Maybe what should be surprising is that more leaders his age do not, considering the toll aging takes on bodies and minds amid a culture of constant communication and change.There may be more behind the story of why Pope Benedict XVI decided to leave a job normally held for...

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Yen near lows vs dollar, Asian shares ease in subdued trade

TOKYO (Reuters) - The yen hovered near its lows against the dollar and Tokyo stocks jumped closer to a 33-month high on Tuesday after markets took comments from a U.S. official as approval for Japan to pursue anti-deflation policies that weaken the yen. U.S. Treasury Undersecretary Lael Brainard said on Monday the United States supports Japanese efforts to end deflation, but she noted...

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Back to the future as G20 comes to Russia

MOSCOW (Reuters) - Group of 20 policymakers have an ideal chance in Moscow this week to ponder whether monetary policy largesse will blunt their will to carry out the economic reforms needed to put global growth on a sustainable footing. On their drive from the airport to the city center, down highways clogged with luxury cars, it may dawn on finance ministers and central bankers that...

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