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• Japan and China to trade yen-yuan directly
• TED: William Noel: Revealing the lost codex of Archimedes - William Noel (2012)
• Chanos Would Like to Short Sell Chinese Stocks in US

Japan and China to trade yen-yuan directly Posted: 29 May 2012 07:44 AM PDT Japan and China to trade yen-yuan directly www.euronews.com Asia's two biggest economies, Japan and China, are to start trading their currencies directly from the start of June. Previously they have set exchange rates through relative dollar values. The direct yen-yuan trade in the Tokyo and Shanghai markets is to smooth and cut the cost of trade and financial transactions between them. It is also a small step towards boosting the yuan's role as an international currency. The move was announced by Japanese Finance Minister Jun Azumi. "By conducting transactions without using the third country's currency, it will bring merits of reducing transaction costs and lowering risks involved in settlements at financial institutions," Azumi told reporters after a cabinet meeting. "That will contribute to improve convenience of the both countries' currencies and reinvigorate the Tokyo market," he said. Find us on: Youtube bit.ly Facebook www.facebook.com Twitter twitter.com From: Euronews Views: 128 11 ratings Time: 00:26 More in News & Politics

TED: William Noel: Revealing the lost codex of Archimedes - William Noel (2012) Posted: 29 May 2012 08:07 AM PDT How do you read a two-thousand-year-old manuscript that has been erased, cut up, written on and painted over? With a powerful particle accelerator, of course! Ancient books curator William Noel tells the fascinating story behind the Archimedes palimpsest, a Byzantine prayer book containing previously-unknown original writings from ancient Greek mathematician Archimedes and others. This posting includes an audio/video/photo media file: Download Now

Chanos Would Like to Short Sell Chinese Stocks in US Posted: 23 Mar 2012 08:37 AM PDT Chanos Would Like to Short Sell Chinese Stocks in US May 24 (Bloomberg) -- Jim Chanos, president and founder of Kynikos Associates LP, talks about his strategy for Chinese stocks listed in the US, the European debt crisis and China's real estate market. Chanos speaks with Carol Massar and Matt Miller on Bloomberg Television's "Street Smart." (Source: Bloomberg) From: Bloomberg Views: 716 0 ratings Time: 16:54 More in Entertainment