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    China's central bank said on Wednesday that it will support stability in the stock market and guard against systemic and regional financial risks. The People's Bank of China will provide sufficient liquidity to China Securities Finance Corp, the state-backed margin finance company, via various channels, the central bank said in a statement on its website.

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    Japanese stocks rolled back downhill in early Wednesday trading, with the Nikkei Average weaker by 1% after a 1.3% climb the previous day, while the Topix also shed 1%. Forex seemed not much of factor, as the dollar was trading at Yen122.45, little changed from the day before. Reasonably strong quarterly earnings from a trio of convenience-store operators failed to stop investors from take some money out of their stocks: Shares of 7- Eleven owner Seven& I Holdings Co. lost 1% despite a...

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    Asian shares tumbled on Wednesday and the safe-haven yen rallied as Chinese stocks remained in a tailspin, shaking investors already rattled by Greece's debt crisis. The drop in China extended a savage correction that has clipped 30 percent off Chinese shares since mid-June, threatening a new blow to the country's already slowing economy despite a slew of market support steps from Beijing.

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    * Chinese shares continue drop despite Beijing's support. * Yen rallies on safe-haven bids as risk sentiment darkens. * Euro zone sets end-of-week deadline for Greece. Asian shares tumbled on Wednesday and the safe-haven yen rallied as Chinese stocks remained in a tailspin, shaking investors already rattled by Greece's debt crisis.

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    * Euro back above $1.10 after bouncing off five-week low. * No Greek deal yet but new EU summit set for Sunday. * Aussie shaky but off six-year low of $0.7398. By Ian Chua. The euro steadied early on Wednesday, having climbed off a five-week trough in line with a rebound in risk assets as the latest emergency meeting of European leaders ended with a sliver of hope still left for Greece.

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    The contagion from the crisis in Greece and the crash in China to other major securities markets so far has been relatively muted. The far greater impact appears to be in commodities, which have fallen hard this week. Losses have been across the board, from crude oil to corn.

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    It's just a matter of time before sanctions on Iran are lifted. And when they are lifted, oil is likely to tumble further as the Persian Gulf country boosts production and battles swing-producer Saudi Arabia for market share. Crude-oil for August delivery has been walloped with a 12% fall so far in July on the New York Mercantile Exchange.

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    The collapse in China's stock market is far from over despite the Shanghai Composite Index having fallen nearly 30% in about a month and experts are urging investors to bail out while there is time. Jared Fogle: What you should know after FBI raids home of Subway pitchman. The house of Subway pitchman Jared Fogle was raided Tuesday morning.

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    * Canadian dollar ends at C$1.2712 or 78.67 U.S. cents * Bond prices higher across the maturity curve By Solarina Ho TORONTO, July 7 - The Canadian dollar tumbled to its weakest close against the greenback since March on Tuesday after data showed Canada posted a bigger-than-expected trade deficit in May, setting the stage for a possible Bank of Canada interest rate cut next week.

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    By Joseph Adinolfi and Carla Mozee, MarketWatch. The euro trimmed losses in afternoon trade Tuesday, jumping back above $1.10 as eurozone leaders weighed proposals that would provide Greece with emergency financing. The shared currency recently traded around $1.1011, down 0.4% on the day.

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     Potash Corp. of Saskatchewan stock is advancing 3.19% to $31.14 in after-hours trading on Tuesday as stakes are high in the global potash pursuit, the Financial Times reports. Less than two weeks ago Potash said that it made a private merger proposal to German rival K+S. . Potash Corp. is a Canadian fertilizer producer and Germany-based K+S is Europe's largest potash supplier.

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    Analyst: if copper can't rise back above $2.45, $1.95 may be next. Copper prices settled at levels they haven't seen since 2009 and with China's failure to fully stem its equity-market dive, the carnage may be just a prelude for the industrial metal. "It's not just copper that's suffering today-- it's a broad-based selloff across all the metals, based primarily over the turmoil in Chinese equity markets," said Brien Lundin, editor of Gold Newsletter.

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    Canada's main stock index staged a dramatic recovery to end in positive territory on Tuesday, with energy stocks cheered by oil's paring of losses and utilities gaining on increased bets that the Bank of Canada could cut interest rates. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 30.93 points, or 0.21 percent, at 14,624.50. It had fallen as low as 14,389.10.

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    Shares of Vipshop Holdings (VIPS) are down by 1.06% to $20.53 on heavy volume in late afternoon trading on Tuesday, as Chinese stocks traded in the U.S. take a hit today, due to the economic uncertainty surrounding China's stock market. Through its wholly owned subsidiaries Vipshop (VIPS) operates as a discount online retailer for brands in China.

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    10- year yield falls to its lowest level since early June. Treasury yields continued their push lower Tuesday. The yield on the 10- year note fell to levels last seen in early June, as international investors sought safety as the eurozone struggles to keep its currency bloc, which is facing its toughest test in Greece, intact.

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    By Myra P. Saefong and Victor Reklaitis, MarketWatch. Oil futures pared their losses by the close on Tuesday, settling with a modest loss, but traders remained concerned over the risk of lower energy demand from China and Europe as well as more oil from Iran. "The gravity of uncertainty is getting too heavy, and the markets-- all of them-- are going into protection, avoidance, and caution," said Richard Hastings, macro strategist at Global Hunter Securities.

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    By Myra P. Saefong and William Watts, MarketWatch. Strong dollar, China growth concerns weigh on metals. Gold lost more than $20 an ounce on Tuesday, as sharp gains in the U.S. dollar helped send futures to the lowest finish since mid-March.

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    * Euro drops below $1.10, dollar index at one-month high. * Lower German Bund yields also weigh on euro. * Commodity currencies sell off. By Gertrude Chavez-Dreyfuss. The euro dropped to a five-week low against a buoyant U.S. dollar on Tuesday, after the European Central Bank tightened lending conditions for Greek banks, raising concerns the lenders could run out of cash.