Economics

Top Stories: Business and Finance

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Jan. 3 (Bloomberg) -- The following are the day's top business stories:

1. Goldman Sachs Investment in Facebook May Draw SEC Scrutiny on Disclosure 2. Yuan Appreciation to Slow in 2011, Top Forecasters Predict: China Credit 3. Japanese Stocks Gain on Improving U.S. Outlook; Canon, Honda Motor Advance 4. Currency Carry Trade Losses Exceeding Lehman Crisis Bolster Dollar Outlook 5. Pimco Favoring Convertibles as Loomis Takes `Equity Risk': Credit Markets 6. Australia Manufacturing Shrinks for Fourth Month on Higher Borrowing Costs 7. U.S. Manufacturing Grows at Fastest Pace in Seven Months, Leading Recovery 8. Banks Flush With Deposits Parking Cash in Government Bonds: Japan Credit 9. Macau December Casino Revenue Rises 66% to $2.36 Billion on China Tourism 10.Afghanistan Considers Standalone Banks to Lure $3 Billion: Islamic Finance 11.Hedge Funds Increase Bullish Crude Bets to Four-Year High: Energy Markets 12.CIC Backs Manhattan Tower as China Steps Up U.S. Real Estate Investments