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Japan
may soon enter currency market to prop up dollar vs yen
Tokyo: Japanese monetary authorities are expected
to step into the currency market soon to try to lift the
dollar against the yen so as to help protect Japanese
exports, dealers and analysts say.
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Analysts
losing stock, real fast
New York: Last month, when Credit Suisse First
Boston laid off Tom Galvin, its chief US market pundit,
a chilly wind could be felt blowing through Wall Street
research departments.
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IBM
unveils integrated 3D circuit
New York: International Business Machines Corp.
on Monday said it has developed a way to build three-dimensional
integrated circuits that can increase the amount of computing
power on a microchip.
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H-P
president Capellas likely to take
the reins at WorldCom
New York: Michael Capellas quit on Monday as the
No. 2 executive at Hewlett-Packard, just hours after a
newspaper reported he is a leading candidate to take over
troubled WorldCom.
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China’s
longest oil pipeline begins trial run
Beijing: China has started trial operations of
the country’s longest and high-tech oil pipeline
that connects major cities in northwest and southwest
China.
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