Dow Jones Newswires

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  Xiaomi Raises More Than $1 Billion Funding; Valued Above $45 Billion: Report

  Dow Jones Newswires, citing a person familiar with the issue, said the latest round of funding could close as soon as Monday.

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  Volkswagen Q1 net profit up 18 per cent at $3.3 billion, better than expected

  Volkswagen, Europe's biggest carmaker, posted a solid and better-than-expected first-quarter result on Tuesday and maintained its forecasts for the year.

• Nikkei opens 1.51 per cent higher; yen weak post Cyprus woes

  The Nikkei 225 index at the Tokyo Stock Exchange opened 1.51 per cent higher on Tuesday as the yen weakened against the dollar and euro after euro zone finance ministers told Cyprus to drop a controversial levy on smaller bank deposits.

• Nikkei rises 0.68 per cent post Dow record; dollar stronger against yen

  The Nikkei index at Tokyo Stock Exchange rose 0.68 per cent higher at the start on Tuesday after the Dow in New York set a fresh record for the fifth straight day.

• Nikkei rises on strong US data, weak yen

  The Nikkei index at the Tokyo Stock Exchange rose 0.32 per cent or 39.74 points to 12,323.36 in first minutes of trading. Japanese shares opened higher on Monday as investors looked to strong US economic data and the weakening yen.

• Nikkei opens up sharply on Bernanke's commitment

  Tokyo stocks jumped in opening trade on Thursday, taking a strong lead from Wall Street, which rose on upbeat economic data and the Federal Reserve chief's renewed commitment to loose monetary policy.

• Tokyo stocks open up 1.57 per cent

  Tokyo stocks opened 1.57 per cent higher on Monday after reports said Japan is set to nominate Asian Development Bank president Haruhiko Kuroda as next Bank of Japan governor.

• Volvo Q4 net falls 82 per cent on decline in orders

  Swedish heavy truck and construction equipment maker Volvo expects a weak start to 2013 as orders decline due mainly to the crisis in Europe, the group said today as it announced plunging profits for 2012.

• Oil prices climb before Fed policy decision

  Global oil prices advanced as traders awaited the latest US Federal Reserve policy decision.

• India admits it has no fiscal firepower

  Finance Minister Pranab Mukherjee admitted on Monday that the government had no scope to increase public spending to spur the flagging economy.

• Obama to forecast USD 1.33 trillion budget deficit

  President Barack Obama's budget to be released on Monday will project a USD 1.3 trillion deficit in FY'2012.

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  Manchester United plan to raise $ 1 billion in Singapore: Reports

  English Premier League giants Manchester United plan to raise one billion US dollars in an initial public offering (IPO) in Singapore later this year, Dow Jones Newswires reported on Tuesday.