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By Hideyuki Sano TOKYO (Reuters) - The price of shares and other risk assets staged a tentative recovery in early Asian trade on Thursday though volatility remained high as investors fretted over global economic health. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, hovering about 2.8 percent above the three-year low hit last week, while Japan's Nikkei gained 1.4 percent. Also helping to boost the market, Apple , the world's largest company by market capitalization, jumped more than 4 percent, in anticipation of its Sept 9 media event where it is expected to unveil new iPhones and potentially a new version of its Apple TV set-top box.
China's economic slowdown is having a broader impact on the global economy than originally expected, especially on emerging markets, the International Monetary Fund said late on Wednesday. In a report for Group of 20 finance chiefs meeting this week in Ankara, the IMF said the turmoil in China and other factors like capital flow reversals were increasing the risks to economic growth around the world. It warned that advanced and emerging economies need to continue to support demand with reforms and investment to ensure that the turbulence in markets and China's troubles do not stall economic activity in the rest of the world.
HUNTSVILLE, Ala. (AP) — An Indian man left partially paralyzed when he was slammed to the ground during a police stop in Alabama testified Wednesday that he'd been in the state only about a week when he was confronted by officers investigating a call about a suspicious person.