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The Associated Press Makati PHL

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A Filipino trader gestures in front of the electronic board with shows a downward trend during early trading at the Philippine Stock Exchange in the financial district of Makati, south of Manila, Philippines on Monday Sept. 22, 2008. Philippine shares rose on the U.S. government's proposed US$700 billion plan to rescue banks saddled with risky mortgage debts, but caution trimmed larger gains in early trading. The 30-company Philippine Stock Exchange Index ended 57.34 points, or 2.3 percent, higher at 2,540.13 points, still lower than earlier in the day, when it surged up to 3.9 percent. (AP Photo/Aaron Favila)

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