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AUD | Australian Dollar sticks to the sidelines

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The Australian dollar inched higher on Friday, with cautious investors and a lack of fresh data keeping the currency within a limited range. At the local close, the dollar was trading at $US0.9220, up from Thursday’s close of $US0.9203. The dollar hovered near a record high against
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ERA tips stronger uranium prices

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Uranium miner Energy Resources of Australia Ltd (ERA) says the market outlook is positive, with stronger ore prices expected in the long term. ERA, which produces about 10 per cent of the world's uranium, said global demand for the commodity is expected to grow significantly during
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Calpers Earnings Up 22% in Last 12 Months, Dear Says (Update1) - Bloomberg.com

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The fund earned 58 percent on equities in the year ending Feb. 28, Dear told Calpers’ governing board today in Sacramento. The pension’s bonds returned 25 percent. The entire portfolio earned 22.3 percent, he said. Calpers had $205 billion in assets as of March 15. “The markets are
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$18 Billion Jobs Bill Edges Closer to Passage in U.S. Senate - Bloomberg.com

Today’s 61-30 vote clears the way for a final vote as soon as tomorrow. Approval would send the bill to President Barack Obama for his signature. The measure would offer companies a holiday from a 6.2 percent Social Security payroll tax for each worker they hire this year who has been