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Stock Market

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BEIJING (AP) — Trying to dispel investor fears, some Chinese banks are disclosing what they are owed by a real estate developer that is struggling under $310 billion in debt and say they can cope with a potential default.

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ABOARD THE OCEAN WARRIOR in the eastern Pacific Ocean (AP) — José López proudly remembers his first catch: he was 13 and a local skipper, pitying his ragamuffin look, hired him as an extra hand. When he returned home, his pockets stuffed with a day’s wages, his mother protested.

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Stocks rose broadly for a second day in a row on Wall Street Thursday, reversing the market’s losses for the week just three days after the S&P 500 had its biggest skid since May.

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BEIJING (AP) — Fears that a Chinese real estate developer’s possible default on multibillion-dollar debts might send shockwaves through global financial markets appeared to ease Thursday as creditors waited to see how much they might recover.

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