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Economy

Dollar extends falls; euro at 1-month high vs dollar

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economy

LONDON (Reuters) - The dollar extended losses on Friday, hitting its weakest since mid-February, helping the euro to a one-month high versus the U.S. currency.

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China should keep yuan stable as disputes heat up

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economy

BEIJING (Reuters) - The yuan should remain stable even as disputes about the exchange rate grow increasingly sharp, China's customs administration said on Friday.

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Nikkei hits 7-week closing high as yen helps, BOJ eyed

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economy

TOKYO (Reuters) - Japan's Nikkei average hit its highest close in seven weeks on Friday, with exporters helped by speculation that the yen may weaken if the Bank of Japan takes additional steps to ease monetary policy next week.

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S&P 500 hits 17-month high as banks lift Wall Street

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economy

NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy.

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Dollar soft ahead of retail sales test, yen slips

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economy

SYDNEY (Reuters) - The U.S. dollar was subdued on Friday ahead of key retail sales for February which could show consumer spending taking a hit and hurting overall prospects of a durable economic recovery.

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Global stocks, oil rebound on economic optimism

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economy

NEW YORK (Reuters) - Global stocks rebounded and oil edged higher on Thursday on renewed optimism over the U.S. economy, overcoming a scare that interest rates may be heading higher because of an inflation spike in China.

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Chile mines, refineries safe after new aftershocks

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economy

SANTIAGO/TALCAHUANO (Reuters) - Chile's mining and refinery sectors escaped damage on Thursday as a series of powerful aftershocks rocked the world's largest copper producer in the wake of one of the biggest earthquakes ever recorded.

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S&P 500 hits 17-month high as banks lift Wall St

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economy

NEW YORK (Reuters) - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy.

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Gold ends flat with Chinese tightening in focus

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economy

NEW YORK (Reuters) - Gold prices ended flat on Thursday as possible monetary tightening by China and lingering currency volatility kept bullion investors on the sidelines.

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Oil pauses above $82; China inflation spikes

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economy

NEW YORK (Reuters) - Oil settled nearly unchanged above $82 a barrel on Thursday amid uncertainty about whether China will tighten monetary policy, which could dent energy demand in the world's second-largest oil consumer.

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The People's Press

08/27/2009 12:12 PM
(Truthiness)
1 Responses
08/06/2009 4:18 PM
(Truthiness)
1 Responses
08/05/2009 2:55 PM
(Truthiness)
3 Responses
07/29/2009 5:34 PM
(Truthiness)
1 Responses
07/28/2009 5:07 PM
(Truthiness)
0 Responses