Tuesday | August 31, 2010

Business

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Japan plans new economic stimulus

Japan's government and the central bank threw the economy a double lifeline Monday, seeking to contain a strong yen and revive a faltering recovery. To boost liquidity, the central bank unveiled a new six-month low-interest loan programme to financial...

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Intel buys wireless chip business

Intel Corp is buying the wireless-communications unit of Germany's Infineon Technologies AG for US$1.4 billion in cash, the second deal in as many weeks that allows the chipmaker to spread its wings beyond the struggling persona computer...