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The governor of Australia's central bank gave a strong hint Friday that the bank will soon raise interest rates for the first time since December 2003 even though the nation's housing boom has been largely subsiding.
New safety features that General Motors Corp is offering in its vehicles could help it scale back on its high consumer incentives, a top GM official said.
General Motors Corp., the world's biggest automaker, is recalling nearly 200,000 vehicles because of various safety defects, federal regulators said Thursday.