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Yuan up vs dollar, nears record high on PBOC guidance
Reuters* PBOC fixes official midpoint at all-time high * Signals intention to let yuan appreciate further * Yuan appreciation part of broad reforms By Lu Jianxin and Kazunori Takada SHANGHAI, May 21 (Reuters) - China's yuan rose against the dollar on Tuesday,...Tags: Currency Values, China, Beijing (China), People's Bank, Money and Monetary Policy
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Japan April exports seen up but trade deficit to persist
ReutersTOKYO (Reuters) - Japan's exports are expected to have risen in April from a year earlier for a second straight month led by U.S.-bound shipments of cars and Asian demand for electronics parts in a sign a weak yen and global recovery are helping the...Tags: China Earthquake (2010), Electronics, Petroleum Industry, Tokyo (Japan), Japan Earthquake and Tsunami (2011)
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PREVIEW-Japan April exports seen up but trade deficit to persist
Reuters* Japan April exports forecast +5.9 pct, imports +6.7 pct * Trade balance seen in the red for a 10th straight month * Weak yen, global recovery to help exports albeit slowly * Data due on Wednesday at 8:50 a.m. (Tuesday at 2350 GMT By Tetsushi...Tags: China Earthquake (2010), Electronics, Petroleum Industry, Tokyo (Japan), Japan Earthquake and Tsunami (2011)
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FOREX-Dollar inches up after Japan economy minister clarifies yen comments
Reuters* Japanese econ minister says he hopes FX market can find 'balance' * BOJ meeting, Bernanke's Congressional testimony in focus * Dollar index stays near-3-yr high By Sophie Knight TOKYO, May 21 (Reuters) - The dollar edged up against the yen on...Tags: Federal Reserve, Japan, U.S. Congress, Tokyo (Japan), Money and Monetary Policy
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GLOBAL MARKETS-Dollar index off 3-year high, Asian shares ease
Reuters* Dollar index backs off from near three-year high * MSCI Asia Pacific ex-Japan eases 0.1 percent By Masayuki Kitano SINGAPORE, May 21 (Reuters) - The dollar nursed losses versus a basket of currencies on Tuesday, having retreated the previous day as...Tags: Federal Reserve, U.S. Congress, Japan, S&P 500, Nikkei
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Nikkei set to slip from 5-1/2-yr high on pause in yen weakness
ReutersTOKYO, May 21 (Reuters) - Japan's Nikkei share average is expected to pull back from a 5-1/2-year high on Tuesday as Wall Street ended flat and the dollar slipped against the yen on caution before U.S. Federal Reserve Chairman Ben Bernanke's testimony....Tags: Federal Reserve, Central Bank, Japan, U.S. Congress, Petroleum Industry
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Exclusive: Japan Inc. averse to further yen drop, poll finds
ReutersTOKYO (Reuters) - Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilize or recover ground, rather than continue a slide that will increasingly raise their costs. About...Tags: Sales, Research, Stock Market, Manufacturing and Engineering, Tokyo (Japan)
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EXCLUSIVE-Japan Inc. averse to further yen drop, poll finds
ReutersBy Tetsushi Kajimoto and Kaori Kaneko TOKYO, May 21 (Reuters) - Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilise or recover ground, rather than continue a slide that...Tags: Sales, Stock Market, Manufacturing and Engineering, Petroleum Industry, Services and Shopping
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Dólar retrocede por cautela antes de testimonio de Bernanke
ReutersPor Wanfeng Zhou NUEVA YORK (Reuters) - El dólar cayó el lunes contra el euro y el yen después de que los operadores redujeron sus expectativas de que el presidente de la Reserva Federal, Ben Bernanke, insinúe esta semana que pondrá fin al...Tags: Ben Bernanke
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COMMODITIES-Precious metals, oil rebound from early dives
Reuters* Gold shoots up from 1-month low and 7 days of losses * Silver hits Sept 2010 low before rebounding * Oil reverses early losses to end higher * Raw sugar near 3-year low, arabica coffee down for 5th day By Barani Krishnan NEW YORK, May 20 (Reuters)...Tags: Federal Reserve, Upstream Oil and Gas Activities, Petroleum Industry, Metal, Casino and Gambling Industry
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GLOBAL MARKETS-Shares grind higher, yen rebounds on minister's remarks
Reuters* Global equity markets continue to climb * Yen gains on minister's comments, rise seen temporary * Gold gains after longest losing streak in four years * Oil rebounds, rises above $105 a barrel (Adds oil settlement prices, updates prices) By Herbert...Tags: Ryanair Holdings Plc, Stock Market, Financial Markets, Petroleum Industry, Casino and Gambling Industry
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Diverse retailers compete for food dollars
As millennials come of age and baby boomers ease into retirement, there's a shift in how America shops for food. The results are helping shoppers save money on their groceries and changing the retail-food landscape. Consumers shop 2.2 times a week on...
Tags: Credit and Debt, Services and Shopping, Groceries, Budgets and Budgeting, CVS Corp.
May 20, 2013
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