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Yen-Yuan direct exchange

  • Yen-Yuan direct exchange

    Yen-Yuan direct exchange

  • RCom adds Stanchart, DBS for Singapore IPO

    A man walks past a logo of Reliance Communication before Annual General Meeting in Mumbai

    RCom has appointed another two banks for the upcoming $1 billion IPO of its undersea cable unit in what may be the biggest stock listing in Singapore this year, two sources said.

    Standard Chartered and DBS Group Holdings will join Deutsche Bank as the main advisors in an IPO, which will help the debt-laden teleco reduce a debt burden that stood at $6.9 bn as of December.

  • India set for record output

    A labourer carries a sack of wheat inside a grain-sorting unit at Sanand in Gujarat

    India is set to produce a record 88.31 million tonne of wheat in 2012, Agriculture Minister Sharad Pawar said on Friday, with recent coldwaves helping the growth of the crop.

    Early this month, the agriculture ministry in its second foodgrain production estimate projected a similar output for the main winter season crop.

  • Stock move on Greece deal

    Indices of Asian markets are displayed on a panel at the Hong Kong Stock Exchange

    World stocks hit a fresh 6-1/2 month peak on Friday, the dollar jumped to a 3-1/2 month high against the yen and the euro held above recent lows as hopes Greece will seal a long-awaited bailout deal next week fuelled risk appetite.

    A strong sentiment boost from Thursday's upbeat US jobs and factory activity data also carried over into European trade.

  • Twitter ad service for small biz

    A Twitter page is displayed on an Apple iPhone in Los Angeles

    Twitter on Thursday formally launched a service to allow small businesses to buy and place ads on the online messaging platform.

    Twitter, which for years has sought ways to expand its advertising revenue, hopes the new ad service will at least partially answer looming questions about its long-term business strategy.

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