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The European Central Bank said it will intervene in government and private bond markets as part of an unprecedented effort to help stave off a sovereign debt crisis that threatens to destroy the euro.

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China posted a $1.68 billion trade surplus in April, the Xinhua News Agency reported today.

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Transurban Group, subject of a takeover offer from two Canadian pension funds, will sell shares to pay for an agreed purchase of Sydney’s Lane Cove Tunnel in a transaction that may block its own acquisition.

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Three days after a chilling plunge in stock prices and no closer to knowing why it happened, U.S. regulators faced pressure on Sunday to put up emergency measures to prevent a repeat of the episode.

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Following is a statement issued today by European Union finance ministers after an emergency meeting in Brussels.

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The heads of the leading U.S. stock market operators have been called to Washington for an emergency meeting on Monday, days after a spine-chilling plunge in stock prices continued to perplex U.S. regulators.

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China posted a $1.68 billion trade surplus in April, the state-run Xinhua News Agency reported today.

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Softbank Corp., the exclusive iPhone carrier in Japan, will price Apple Inc.’s iPad tablet computer at 48,960 yen ($535) for the basic model with Wi-Fi capability and 16 gigabytes of memory.

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Westland council members weren’t happy with the results of what Mayor William Wild calls hardball negotiations with contractors, including the Westland Youth Assistance Program and WLND cable television.

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BOYERTOWN — Despite pleas from parents and staff asking the Boyertown Area School Board not to cut programs or employees, the board voted to place teachers and math and language programs on the chopping block.

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