Euro firms in Asian trade

Posted on May 10 , 2012 • 0 Comments

Euro firms in Asian trade The euro held firm against the dollar and yen in Asian trade on Thursday after dropping overnight amid concerns about political upheaval in debt-hit Greece and strains on Spain's banking sector. The euro bought $1.2948 and 103.28 yen in Tokyo morning trade, stronger than $1.2944 and 102.98 yen in New York late Wednesday. The dollar strengthened against the Japanese currency, changing hands at 79.74 yen against 79.69 yen. Despite a breather …

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Dollar steady ahead of meeting

Posted on Apr 26 , 2012 • 1 Comments

Dollar steady ahead of meeting The dollar was steady against other major currencies in Asian trade on Thursday as investors looked to a Bank of Japan policy meeting amid speculation of further monetary easing. The euro bought $1.3217 and 107.49 yen in Tokyo morning trade, almost flat with New York trade late Wednesday. The dollar was also little changed at 81.33 yen. The greenback was likely to move within the 81.00-81.60 yen range on Thursday as the market awaited …

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Euro steady ahead of US jobs data The euro was steady in early Asian trade Friday at the start of the Easter holiday weekend ahead of a US jobs report, after it lost ground on debt concerns over the past week. The eurozone unit bought $1.3064 and 107.58 yen in Tokyo morning trade, compared with $1.3057 and 107.52 yen in New York late Thursday. The dollar was changing hands at 82.36 yen, from 81.84 yen. "The pair of euro/dollar won't move much, but a clear break of technical …

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Dutch helicar takes maiden flight Flying cars are the Jetsons dream that never came true. But wait, some Dutch dudes have cobbled together a weird helicar contraption that combines all the worst, most impractical elements of car and helicopter into one amazingly expensive prototype. On the ground, this thing — called the PAL-V One — has three wheels and tilts as you corner; it’s not a car, as such; it’s more a weird enclosed motorcycle. Like almost every other impractical flying …

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Dollar slips in Asian trade

Posted on Apr 03 , 2012 • 2 Comments

Dollar slips in Asian trade The dollar eased in Asian trade on Tuesday with the euro and safe-haven yen both rising ahead of key economic data due this week, including a US jobs report. The greenback slipped to 81.84 yen in Asian trade, compared with 82.28 yen in New York Monday. The euro gained to $1.3346 from $1.3325 in New York, and edged up to 109.27 yen, compared with 109.22 yen overnight in mixed trade. The yen's lure as a safe haven continued as investors …

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Euro rangebound for lack of trading pegs The euro moved narrowly in Asia on Wednesday as investors looked for fresh trading pegs. The euro bought $1.3324 and 110.64 yen, compared with $1.3315 and 110.71 yen in New York late Tuesday. The dollar edged down to 82.97 yen from 83.15 yen in New York as Japanese exporters moved to repatriate income by the end of the current fiscal year this weekend. "There hasn't been any major news for the euro here," noted Kengo Suzuki, currency …

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Asians fastest-growing race in US Asians are the fastest growing race group in the United States, reflecting a surge in immigration from the entire region over a decade, the US Census Bureau said Tuesday. As part of an ongoing analysis of the data it reaped from its 2010 census, the federal agency said those who identified themselves as Asian alone, and not mixed race, grew by 43.3 percent from a decade earlier. That was more than four times faster than the rate of growth …

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Yen firms on Japan trade surplus The yen strengthened against the dollar in Thursday morning trade after Japan posted an unexpected trade surplus in February, offering some hope for its plodding economy. The dollar eased to 83.13 yen before rebounding to 83.37 yen in Tokyo, still below 83.87 yen in New York late Wednesday. The euro was changing hands at $1.3227 and 110.26 yen compared with $1.3211 and 110.22 yen on Wednesday. Japan logged a trade surplus of 32.9 billion …

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Encyclopedia Britannica goes digital after 244 years The Encyclopedia Britannica (Encyclopaedia Britannica in Latin), globally acknowledged as one of the most scholarly of encyclopedias, has finally moved into the digital age after 244 years, the best possible news that can greet researchers and knowledge seekers all around the planet. According to international news agency “Reuters,” the development that the Encyclopedia Britannica will no longer publish its printed editions and instead focus …

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Video games enter realm of art in Smithsonian exhibition They've come a long way since the man who would be Mario set off to rescue Pauline from Donkey Kong and Pac-Man gobbled up as many dots as he could before the ghosts caught up with him. But really, are video games art? Absolutely, contends a major exhibition that opened Friday at the Smithsonian American Art Museum in Washington that celebrates gaming's rich creative side and the people behind a medium that's still in full bloom. "The …

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