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Valuations of IPL teams reach new record
The Indian Premier League set a new record, as it sold two new teams for $703m in a clear sign of the growing interest among companies to reach India’s burgeoning consumer classes via the country’s most lucrative sporting extravaganza

Obama makes final pitch on healthcare
President Barack Obama made an emotional final pitch to Democrats on Capitol Hill to pass healthcare legislation, telling lawmakers that Sunday’s vote would be as historic and significant as the creation of Social Security and passage of civil rights protections

Speculation grows on Google’s future in China
As the search engine prepares to unveil plans for its joint venture Chinese website, local employees and legal experts say it could continue operations there in some form

Pakistan accused of disrupting Taliban talks
Pakistan deliberately interrupted talks between the Taliban and the United Nations by arresting senior members of the Afghan Taliban, the UN’s former top official in Kabul has said

India raises key rate to help fight inflation
India’s central bank announced a surprise 25-basis point increase in its key policy rates – the first rise in nearly two years – in a bid to head off inflation that is poised to cross into double digits

Ocean Park has local edge over Disney rival
Mainland Chinese visitors to Ocean Park and its trademark dolphin shows have steadily increased over the past seven years, while Disney’s cartoon characters have struggled to win them over

Japan finalises bill on temporary workers
Japan’s Democratic-led government on Friday finalised a bill that would make it more difficult for companies to hire temporary workers as the ruling party sought to fulfil an election pledge that had upset business groups

Blood flows in Bangkok
In Thailand, democratic institutions no longer provide an orderly means of resolving political differences, so the way is open to more visceral appeals, writes Christopher Caldwell

Tiger Woods's return provokes controversy
For golf and the television networks that cover it, Woods’s decision to rejoin the tour next month is an answered prayer: simply put, the game depends on him. When Woods competes in a tournament, the television audience is 40-60 per cent larger than when he is not taking part

Investors stall as risk-aversion returns
The unresolved Greece situation plus monetary tightening in India, pared risky assets’ weekly gain

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