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Stocks Close Off Day's Lows On Report Fed Upbeat On U.S. Economy - Asian Commenatry

(RTTNews) - Tuesday, stock markets across Asia-Pacific region recovered most of their early losses going into close of trading, led by Japan after a press report indicated that the Federal Reserve will publish upbeat economic forecasts for the U.S. when it releases the minutes from its October meeting later today.

Japan's Nikkei 225 index closed up 168.96 points or 1.1% at 15,211.52 and the broader Topix index of all First Section issues on the Tokyo Stock Exchange finished up 12.66 points or 0.87% at 1,469.27.

The U.S. dollar regained some of the lost ground during the course trading today, as it clawed up to lower 110-yen level. At 4:32 p.m. local time, the dollar was quoted at 110.27-110.32 yen, down 0.38 yen from Monday's 5:00 p.m. quotes of 110.65-110.68 yen.


Vendors display 50 handsets for China's 3G network

Vendors including Samsung Electronics and LG Electronics showed off over 50 mobile phones being readied for the launch of China's 3G (third-generation mobile telecommunications) network, an important step in ensuring a smooth launch of mobile services next year.

Chinese mobile phone lovers will be able to choose from dozens of styles, including clam-shell designs, sliders, and large-screen handsets similar to the iPhone and more. Many of the handsets on display at the GSM Associations' Mobile Asia Congress in Macau are already undergoing testing on China's home grown 3G technology, called TD-SCDMA (Time Division Synchronous Code Division Multiple Access).

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Inventory home for insurance

To keep a fire, burglary or other disaster from devastating your assets, make a thorough inventory of everything you have in your home this week, so that you can document the value of any possession you lose. There are a number of home inventory forms available free on the Internet, or you can request one from your insurance company.

Start your home inventory by going through every room, drawer and cupboard and carefully list everything of value. Don't forget your attic, basement or garage. And don't overlook things that you're so used to seeing that they fade into the background - carpets, curtains, linens and the like.

Describe every item in detail. Record any identifying information, such as appliance serial numbers. Include the age, brand name, size, model number and other relevant details of just about any valuable object.


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