Indian scientists try to crack monsoon source code

Published : 12:55 am  July 21, 2012  |  Category: International  |  Leave a Comment  |  955 views  |  
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Reuters: Scientists aided by supercomputers are trying to unravel one of Mother Nature’s biggest mysteries – the vagaries of the summer monsoon rains that bring life, and sometimes death, to India every year.  Read More →


Kim to reform North Korean economy after purge: source

Published : 12:54 am  July 21, 2012  |  Category: International  |  Leave a Comment  |  885 views  |  
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Reuters: Impoverished North Korea is gearing up to experiment with agricultural and economic reforms after young leader Kim Jong-un and his powerful uncle purged the country’s top general for opposing change, a source with ties to both Pyongyang and Beijing said.  Read More →


No region immune to Europe crisis: World Bank Chief

Published : 12:47 am  July 20, 2012  |  Category: International  |  Leave a Comment  |  626 views  |  
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Reuters: World Bank President Jim Yong Kim on Wednesday warned that most regions of the world will be hurt by the debt crisis enveloping the euro zone and said it was vital to protect the strong economic gains of the past decade in the developing world.  Read More →


India chooses President, reforms seen on agenda

Published : 12:46 am  July 20, 2012  |  Category: International  |  Leave a Comment  |  600 views  |  
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Reuters: India’s lawmakers voted for a new president on Thursday, ending weeks of wrangling and opening a much-hyped political window billed as the best chance for Prime Minister Manmohan Singh to launch a wave of reforms and reverse an economic slowdown.  Read More →


Asian shares up on US earnings

Published : 12:44 am  July 20, 2012  |  Category: International  |  1 Comment  |  546 views  |  
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HONG KONG (Reuters) :Asian shares rose on Thursday as strong corporate profits from U.S. bellwethers allayed fears of a slowdown in earnings, particularly for the beleaguered tech sector, while the euro steadied after overnight weakness.  Read More →


Asian shares, euro firmer on Fed easing hopes

Published : 12:00 am  July 19, 2012  |  Category: International  |  1 Comment  |  486 views  |  
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Reuters: Asian shares edged higher on Wednesday on hopes the U.S. central bank has left the door open for more stimulus measures later in the year, after chairman Ben Bernanke outlined a gloomy view of the U.S. economic recovery.  Read More →


Heineken unsettled by Thai brewer’s $ 1.6 b bid for stake in Tiger Beer

Published : 12:00 am  July 19, 2012  |  Category: International  |  Leave a Comment  |  694 views  |  
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Reuters: Heineken, the world’s third-largest brewer, warned it would act to protect its interests in Asia, after the founder of Thailand’s leading beer and spirits group bid for a stake worth $1.6 billion in its partner in the region. The Asia Pacific region is a fast-growing one for Heineken, where it brews Tiger Beer with Singaporean partner Fraser and Neave (F&N).  Read More →


Oil falls on Fed’s gloomy economy outlook

Published : 12:00 am  July 19, 2012  |  Category: International  |  Leave a Comment  |  615 views  |  

LONDON (Reuters):  Oil retreated slightly on Wednesday, snapping five days of gains as U.S. Federal Reserve Chairman Ben Bernanke offered few signs of further monetary stimulus and a gloomy view of the economy of the world’s top oil consumer.  Read More →


Gold edges lower on Fed stimulus uncertainty

Published : 12:00 am  July 19, 2012  |  Category: International  |  Leave a Comment  |  284 views  |  
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Reuters: Gold edged lower on Wednesday, extending losses from the previous session when the U.S. Federal Reserve Chairman Ben Bernanke disappointed gold bugs by offering no signs of imminent monetary stimulus measures.  Read More →


2012 gold price forecasts cut further: Reuters poll

Published : 12:02 am  July 18, 2012  |  Category: International  |  Leave a Comment  |  720 views  |  
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Reuters: Gold experts have further cut back price forecasts for the metal this year after a sluggish first half, a quarterly Reuters poll showed on Monday, while gains in the dollar and a dearth of physical demand are likely to clip any attempted return to last September’s record high for the rest of the year. The precious metal is still on track to post another record-breaking average in 2012, extending its bull run into a twelfth year as ultra-loose monetary policy in key economies keeps interest rates at rock bottom. But the median spot price forecast has been cut to $1,685 an ounce from $1,750 projected in a similar poll at the end of the first quarter, and $1,765 forecast at the... 


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