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THERE was a sense of i>deja vu/iin the initial reaction of global markets to the debt problems in Dubai. But what was feared to be a possible cause of a serious contagion effect that could derail the fragile global economic recovery turned out to be merely a case of temporary jitters for the global stock market.
BEIJING (AP): China's manufacturing sector expanded for the eighth straight month in October, pointing to further signs that the recovering economy is on firmer ground, a survey by an industry group said Sunday.
NEW YORK: Stock bulls may hit the pause button again this week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no fresh incentives to extend Wall Street's seven-month rally.