IBT Staff Reporter

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Yen dips versus dollar

The yen dipped against the dollar on Thursday as jitters about whether Japanese authorities would take new steps to rein in the yen's rise left investors reluctant to chase it higher. Investors are watching to see if the central bank will take more monetary easing steps -- such as expanding liquidity -- ahead of a meeting between Prime Minister Naoto Kan and Bank of Japan Governor Masaaki Shirakawa expected on Monday.

Gold toils to stay high, remains vulnerable

Gold prices remained vulnerable in Asian trade Thursday despite advanced marginally in early trade. Gold for immediate delivery was seen trading at $1229.02 an ounce at 12.00 noon Singapore time while US gold futures for December delivery was at $ 1231.45 an ounce on the comex division of Nymex.

Gold edges up, near 1-1/2-month high

Gold edged up on Thursday, to just short of its highest since the start of July, as volatile equities and concerns about the global economy spurred buying from investors, but selling from jewelers capped gains.

Oil steady above $75, strong dollar pressures

Oil was under pressure on Thursday from a stronger dollar and brimming U.S. petroleum inventories, while modest gains in Asian equities provided support to a market focused on the prospects for economic growth.

Dollar edges up vs yen, eyes on possible BOJ steps

The dollar edged up against the yen on Thursday with investors reluctant to chase the yen higher as they waited to see if the Bank of Japan or the government will take new steps to rein in the yen's rise. Earlier, rumours had circulated in the market that the BOJ would hold an emergency policy meeting at 2 p.m. (0500 GMT). That followed a media report that the central bank had started considering additional monetary easing steps.

This Week In Petroleum - Northeast States move to reduce sulfur content in heating oil

The Northeast region of the U.S., represented by the New England and Central Atlantic regions shown in Figure 1, typically account for over 80 percent of U.S. heating oil sales. As shown in Figure 2, the top 5 consuming States, in rank order, are New York, Massachusetts, Pennsylvania, Connecticut, and New Jersey. Heating oil is a distillate fuel, coming from the same boiling-range portion of crude oil as diesel fuel. However, unlike diesel fuel used in transportation, heating oil has no Federal...

Regular heart check for 45 up urged

The winning party in Saturday's elections should offer regular heart checks for Australians over the age of 45, the National Heart Foundation and National Stroke Foundation have urged.

Eat healthy-kits for Australian children

n an effort to improve the diet of Australian kids, Avocado growers have just launched eat-healthy kits funded by the government for early childhood educators to encourage and promote healthier eating habits among 3 to 5 years old.

Australian Dollar Outlook 19/8/2010

The Australian Dollar is steady after a relatively quiet night on the economic data front gave the markets little to draw on as far as the state of the economic recovery in the US and Europe is concerned.

Pizza Hut to serve less salty pizzas

Pizzas and other meaty recipes containing 20 to 45 percent less salt will be served in 10 Pizza Hut stores in NSW starting November as the fast food chain prepares to roll out its healthier offerings in all 280 outlets nationwide next year.

Smoking not tied to risk of early breast tumor

Cigarette smoking has been clearly linked to increased risks of a number of cancers, including cancers of the lungs, colon, pancreas and bladder. But studies have yielded conflicting results as to whether smoking may boost a woman's odds of developing breast cancer.

GM and and China's SAIC deepen ties

General Motors and China's SAIC Motor Corp deepened their ties to include the joint development of small engines and transmissions as the U.S. automaker seeks to draw on the allure of the fast-growing China market ahead of a highly anticipated IPO.

GM to recall more than 243,000 vehicles

General Motors Co will recall more than 243,000 model year 2009/2010 crossover sport utilities, mainly in the United States, to inspect safety belts for possible damage.

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