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By Jamie McGeever LONDON, Nov 19 (Reuters) - The dollar inched up against a basket of major currencies and the yen strengthened broadly on Wednesday as deepening unease about the world economy put stock markets back under downward pressure. Asian and ...
Read moreTOKYO, Nov 13 (Reuters) - Japanese Finance Minister Shoichi Nakagawa said on Thursday rapid moves in foreign exchange rates need to be avoided at all costs. 'Rapid foreign exchange rate swings would have a negative impact on the economy,' Nakagawa ...
Read moreLONDON -(Dow Jones)- European businesses don't need subsidies or aid, but they do need governments and central banks to boost demand through interest rate and tax cuts, a group of 47 leading European companies said Monday. Meeting in Istanbul ...
Read moreWASHINGTON, Nov 19 (Reuters) - The International Monetary Fund said on Wednesday its board approved a $2.1 billion loan for Iceland to try to stabilize what the fund called a "banking crisis of extraordinary proportions." The two-year, stand-by ...
Read moreWal-Mart Stores Inc.'s (WMT) performance in international markets is solid despite headwinds from fluctuating exchange rates, Chief Executive and President Lee Scott said Thursday. He and other company executives said during a pre-recorded earnings ...
Read moreQUETTA, Pakistan - The Pakistan government, battling to rescue a tumbling rupee while seeking to raise billions of dollars to stave off a debt default, last week raided the country's top currency exchange company and arrested its senior executives in ...
Read moreTOKYO, Nov 14 (Reuters) - The yen edged up against the dollar and the euro on Friday after a sharp fall the previous day, as investors tip-toed back to the perceived safety of the Japanese currency amid nagging concerns about the global credit crisis ...
Read moreTOKYO, Nov 14 (Reuters) - The yen edged up against the dollar and the euro on Friday after a sharp fall the previous day, as investors tip-toed back to the perceived safety of the Japanese currency amid nagging concerns about the global credit crisis ...
Read moreAs if we needed further indication that risk trends remain the primary driver of the forex market, the release of US retail sales highlighted this point yet again on Friday. Indeed, the US dollar initially rose amidst the 8:30 ET release of US data ...
Read moreSYDNEY, Nov 17 (Reuters) - Australian stocks are expected to start mildly lower on Monday, pushed down by a fall in Wall Street on worries about the deepening of a global economic slump. The Group of 20 leaders from major developed and emerging ...
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