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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Albert Einstein finally goes online At speeds even he could barely imagine, Albert Einstein's private papers and innermost thoughts will soon be available online, from a rare scribble of "E=mc2" in his own hand, to political pipe-dreams and secret love letters to his mistress. Fifty-seven years after the Nobel Prize-winning physicist's death, the Israeli university which he helped found opened Internet access on Monday to some of the 80,000 documents Einstein bequeathed to it in …

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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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Two major US oil cos interested in TAPI pipeline Two major US oil companies are interested in a four-country pipeline that would ship gas worth billions of dollars from Turkmenistan to India and Pakistan, a US government official said on Friday. The building of the US-backed "TAPI" pipeline through some of Afghanistan's most volatile regions presents a major challenge, adding to the project's other hurdles such as gas pricing and transit fees. "A couple of major US oil companies are interested," …

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SK set to expand ballistic missile range South Korea is set to reach agreement with the US on expanding its ballistic missile range to better guard against attacks by North Korea, the South's leader was quoted Thursday as saying. The two allies are close to agreement on revising a 2001 deal that restricts Seoul's missile range to 300 kilometres (186 miles), President Lee Myung-Bak said in an interview with Dong-A Ilbo newspaper and other media. "Missiles with a 300-kilometre range …

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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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Research firm: New iPad more expensive to make Apple appears to be making less of a profit from each new iPad than it did when it launched the previous model a year ago, according to a research firm's analysis. IHS iSuppli took apart a new iPad on Friday, the day the device went on sale in the U.S. and nine other countries, and found that the components are more expensive than those of the iPad 2. The third iPad comes in several versions starting at $499, the same price as the iPad 2 …

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US threatens sanctions against India over Iran oil The Obama administration is threatening to impose sanctions on India over its continued economic ties with Iran amid disagreements between Washington and New Delhi over how much and how soon the latter is reducing oil imports from the (in US eyes) pariah nation. India has "failed" to reduce its purchase of Iranian oil and if it doesn't do so, President Barack Obama may be "forced" to impose sanction, unnamed administration officials were cited …

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China exerts rare public pressure on North Korea over missile plan China put rare public pressure on ally North Korea over the reclusive state's plan to launch a long-range rocket which is raising tension in the region and could scupper a recent aid deal with the United States. The announcement of the launch immediately threw into doubt recent hopes that the new young head of the family dynasty ruling North Korea was ready open up more to the international community. Experts said the planned launch is clearly …

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Harish Shankar, Ganesh Condemn Rumors Harish Shankar and producer Bandla Ganesh have clarified on the on-going rumors regarding Pawan Kalyan’s absence from Racha audio and a possible split in mega family. Harish was reacting to the speculation about the Pawan was in the city and intentionally skipped the Racha audio function, The director said that he was about to start the climax shooting for Gabbar Singh movie and as such he could not make it to the Racha audio. He was filming chasing …

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