HONG KONG (Reuters) – Asian stocks and commodities began the second half of the year on a sour note on Thursday, with Japanese stocks sliding to a seven-month low after manufacturing data showed China’s rapid economic growth was slowing.



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WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday approved a landmark overhaul of financial regulations but the Senate put off action until mid-July, delaying a final victory for President Barack Obama.



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BATON ROUGE, Louisiana (Reuters) – Jitters that financial strains may derail the U.S. economic recovery mean the Federal Reserve will be in no rush to end its ultra-low interest rates, comments by officials of the U.S. central bank suggested on Wednesday.



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SYDNEY, July 1 (Reuters) – Australia’s CHAMP Private
Equity has agreed to buy temporary fencing provider ATF
Services from Sydney-based Quadrant Private Equity, the company
said on Thursday.

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* Stake sale, capital plans seen as boosting asset value

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SYDNEY, July 1 (Reuters) – Australia’s CHAMP Private
Equity has agreed to buy temporary fencing provider ATF
Services from Sydney-based Quadrant Private Equity, the company
said on Thursday.

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SYDNEY, July 1 (Reuters) – U.S. private equity firm
Providence Equity Partners has acquired university programme
provider Study Group from Australia’s CHAMP Private Equity for
$570 million, the company said in a statement on Thursday.

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TOKYO, July 1 (Reuters) – The head of Mazda Motor Corp
said on Thursday he wanted a joint venture in China in
which the Japanese automaker would hold the maximum 50 percent
allowed instead of the 15 percent it now owns in a three-way
venture.

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NEW YORK, June 30 (Reuters) – American International Group
Inc Chief Executive Robert Benmosche said last week he
would quit unless Chairman Harvey Golub leaves the company,
Bloomberg reported on Wednesday.

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