Gold erases losses on weaker US Dollar

Note: This section contains information in English only.
Source: Forexpros

Gold rebounded after losses as appreciation of the US Dollar slowed down. The Dollar index was flat on Tuesday at 81.131. COMEX gold for delivery in February traded at USD1,613.85 a troy ounce, on the New York Mercantile Exchange, edging up 0.36% since opening.

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Tue, 10 Jan 2012 08:58:04 GMT

Apple to pay 12 million Yuan for copyrights abuse

Nine writers from China took legal action against Apple Inc. claiming the company has violated copyrights. The claim is writers' attempt to protect rights online as many readers switched to e-books. The writers said the company allows clients to download pirated books via App Store. Beijing No 2 Intermediate People's Court accepted lawsuit and currently is examining all materials.

Tue, 10 Jan 2012 07:52:58 GMT

Asian stocks rally on enlarging hopes about monetary easing

Asian stock markets extended gains on Tuesday on investor hopes Beijing will intervene to support economic growth. Shanghai Composite Index rallied 2.61%, Hong Kong's Hang Seng Index added 0.9% and Japan's Nikkei Stock Average climbed 0.4%. Australia's S&P/ASX 200 index gained 1.1% and South Korea's Kospi increased 0.4%.

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