2009-10-12 06:16
U.S. stocks gained, sending the Dow Jones Industrial Average above its highest close in a year, after Alcoa Inc. unexpectedly reported a profit and economic data signaled the U.S. recession… Read More
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2009-08-05 05:56
August 05 Household income in the U.S. is weakening as the influence of the government’s stimulus plan wanes, prompting economists, Federal Reserve officials and a Nobel laureate to w… Read More
2009-08-05 05:53
August 05 Oil traded little changed ahead of official figures expected to show U.S. crude inventories rose and as the dollar gained against the euro, reducing the investment appeal of dollar… Read More
2009-08-05 05:51
August 05 The yen rose for a second day versus the dollar and the euro as regional equities and U.S. stock futures fell, spurring demand for the relative safety of Japanese assets.The yen ga… Read More
2009-08-02 07:28
Aug. 2 -- Employers cut jobs in July at a slower pace and the factory slump eased, indicating the end of the worst U.S. recession since the Great Depression is getting closer, economists sai… Read More
2009-08-02 07:26
The dollar declined to the lowest level this year against six major U.S. trading partners as optimism that a global recovery is near reduced demand for the greenback as a refuge.The Swedish… Read More
2009-08-02 07:18
U.S. stocks rose for a third week, completing the Dow Jones Industrial Average’s best month since 2002, as companies from Motorola Inc. to MasterCard Inc. topped analysts’ profit… Read More
2009-07-31 16:58
The dollar declined to the lowest level this year against six major U.S. trading partners after a report showed the U.S. economy shrank less than economists forecast, reducing the demand for… Read More
2009-07-29 06:36
India’s central bank kept borrowing costs unchanged, signaling an end to its deepest round of interest-rate cuts on concern that inflation will “creep up” from October.The… Read More
2009-07-28 07:08
July 28 -- The dollar fell toward its lowest level in seven weeks against the euro as Asian stocks extended a global rally, adding to evidence investors are shifting to higher-yielding asset… Read More
2009-07-28 07:04
July 28 -- The pound extended gains against the dollar and the yen.The British currency rose 0.3 percent to $1.6540 as of 7:09 a.m. in London. Against the yen, the pound advanced 0.3 percent… Read More
2009-07-28 07:03
july 28 Colombia’s peso, the world’s best- performing currency in the past four months, will weaken by year-end as the central bank’s commitment to “carefully monito… Read More
2009-07-28 06:58
July 28 Asian stocks climbed, lifting the MSCI Asia Pacific Index for an 11th day, as brokerages upgraded banks and steelmakers ahead of earnings announcements.Sumitomo Mitsui Financial Grou… Read More
2009-07-26 08:21
The Bank of Israel will probably hold its benchmark interest rate at a record low tomorrow as the economy contracts and unemployment climbs, a survey showed.The rate will remain at 0.5 perce… Read More
2009-07-26 08:18
Crude oil climbed to a three-week high on optimism that the U.S. economy is strengthening and that fuel consumption will rebound later this year.Oil increased 7.1 percent this week, the bigg… Read More
2009-07-26 08:16
The dollar declined to a seven-week low versus the euro and the yen dropped as U.S. company results beat analysts’ estimates, reducing demand for safety.The euro advanced for a second… Read More
2009-07-22 06:24
China Everbright Bank Co., the Chinese lender preparing for an initial public offering, plans to raise 11.4 billion yuan ($1.7 billion) in a private placement of shares, a person familiar wi… Read More
2009-07-22 06:22
Oil for September delivery in New York fell for the first time in six days after a report showed crude supplies rose in the U.S., the largest energy user.U.S. stockpiles rose last week for t… Read More
2009-07-22 06:20
The yen and the dollar strengthened for a second day against the euro on renewed concern U.S. commercial lender CIT Group Inc. will file for bankruptcy, boosting demand for safer assets.The… Read More
2009-07-22 06:18
U.S. stocks rose, extending the Dow Jones Industrial Average’s longest rally in two years, as Caterpillar Inc.’s earnings tripled analyst estimates and Federal Reserve Chairman B… Read More
2009-07-21 09:29
Australia’s benchmark interest rate at a half-century low of 3 percent is helping drive economic growth amid signs domestic demand is more resilient than expected, the central bank sai… Read More
2009-07-21 09:24
July 21 The U.S. dollar may weaken against the euro, the yen and the Australian dollar as global sentiment turns against the greenback, according to Citigroup Inc.The euro may extend this mo… Read More
2009-07-21 09:23
U.S. stocks rose, sending the Standard & Poor’s 500 Index to its highest level since November, as a gauge of future economic growth topped projections and speculation grew that CIT… Read More
2009-07-21 09:23
U.S. stocks rose, sending the Standard & Poor’s 500 Index to its highest level since November, as a gauge of future economic growth topped projections and speculation grew that CIT… Read More
2009-07-17 10:28
July 17 The yen and the dollar rose as speculation CIT Group Inc. will file for bankruptcy and blasts in Indonesia spurred demand for the currencies as a refuge.The yen climbed more than 1 p… Read More
2009-07-17 10:25
Canada’s dollar depreciated after outperforming all other Group of 10 currencies this week as investors shied away from riskier assets such as commodity- linked currencies.The loonie… Read More
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