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Asian Stocks Climb on M&A Speculation; Rio, Sumitomo Metal Gain May 9 (Bloomberg) -- Asian stocks rose to a record, led by mining companies and steelmakers, on expectations this years record pace of takeovers will be sustained. Roses mental capacity focal point of trial Jason Allen Roses history of group housing were discussed at length Tuesday in the Boardwalk Apartments trial. Social workers and other witnesses who knew Rose described him as having a below-average mental capacity, and said that they couldnt recall any incidents with fire. Rose joins PGA field at Wentworth LONDON, England (Reuters) -- Britains Justin Rose, who plays most of his golf in the United States, will return home for the PGA Championship at Wentworth later this month. Yen Rises on Speculation Investors Are Unwinding Carry Trades May 9 (Bloomberg) -- The yen rose for a fourth day against the dollar and a third versus the euro on speculation investors are reducing holdings funded by borrowing Japans currency before central bank meetings in the U.S. and Europe. Shanghai Stock Index Rises Above 4,000 Shanghais stock index briefly rose above the key 4,000 mark Wednesday as investors shrugged off official warnings of a possible market bubble amid soaring corporate profits. Disney Says Profit Rose 27% on ABC TV, `Wild Hogs May 8 (Bloomberg) -- Walt Disney Co., the second-largest U.S. media company, said second-quarter profit rose 27 percent on the surprise hit movie ``Wild Hogs and higher advertising rates at ABC television. Disney Says Profit Rose 27 Percent on Surprise Hit `Wild Hogs May 8 (Bloomberg) -- Walt Disney Co., the second-largest U.S. media company, said second-quarter profit rose 27 percent on movies such as the surprise hit ``Wild Hogs and higher advertising rates at ABC television. Strong feelings on Callery to carry over to next session A battle for the strongest show of force either for or against Callery-Judge Groves massive proposal rose to a fever pitch this week - and raised some prickly questions. Emerging debt-Asian bonds nudge up; watching supplies, Fed HONG KONG, May 9 (Reuters) - Asian bonds rose marginally on Wednesday tracking emerging debt elsewhere but the mood was cautious ahead of a U.S. Federal Reserve policy meeting and a growing number of new issues. Emergency services director says pandemic flu plan a must BAMBERG – Bamberg County must make developing an emergency plan to deal with pandemic flu a priority, or deal with potentially disastrous consequences, its emergency services director told County Council Monday night. | |||