Leading article: Europe must confront its real economic problems The Independent | George Papandreou seems to have decided that the best form of defence is attack. The Greek Prime Minister was in Washington yesterday to lobby for a regulatory crackdown on hedge funds and currency traders who, he argues, are betting vast sums of money on his country defaulting, something which ja...
Yen rises as equities slip; sterling falters The Guardian * Higher-yielding currencies dip vs yen * Some talk of euro/yen selling by Japanese exporters * But BOJ easing speculation seen likely to temper yen rise * Sterling falters after weak housing data * Moody's says UK faces dilemma over bank support By Masayuki Kitano TOKYO, March 9 (Reuters) - The yen...
Yen rises as equities slip; sterling falters The Guardian * Higher-yielding currencies dip vs yen * Some talk of euro/yen selling by Japanese exporters * But BOJ easing speculation seen likely to temper yen rise * Sterling falters after weak housing data * Moody's says UK faces dilemma over bank support By ...
Blame Game Becomes Far Too Tempting The New York Times | PARIS — Before the bell rings for another bout of debt and deficit travail, here are three pieces from a parlor blame game that could be called Europe vs. Elsewhere. | The way one of the governors of the European Central Bank describes things...
Euro gains vs dollar, yen as Greece worries ease The Guardian (Corrects para 11 to show euro/yen 2-week high on EBS of 123.90 yen, not 123.80; also corrects in earlier reports) * Euro up vs yen, dollar; high-yielding currencies up * Sarkozy comments help euro; US jobs data lifts risk demand * Aussie hits 6-week...
The pound will rise as the euro heads south The Times | The time to be greedy, the Sage of Omaha says, is when others are fearful, and the time to be fearful is when others are greedy. Warren Buffett has for years delighted in reusing old investment sayings, and they don't seem to have done the world's ...
AP / Remy de la Mauviniere
Sarkozy backs Greece, vows to fight for euro Daily Star Lebanon | French president pledges to defend entire EU economy | Monday, March 08, 2010 | - Powered by | Elena Beaters and Thibault Leroux | Associated Press | PARIS: Fellow euro-zone stat...
Stock market support critical for Re to hold gains DNA India Syndicate | this column | Easing tensions over fiscal problems in Greece, fresh signs that the global recovery was holding up — notably with the US jobs data improving &mdash...
Dollar weakens as US jobs data fuels risk taking Business Report | The dollar weakened against most other major currencies after a key US monthly jobs report beat expectations, raising hopes for a sustained economic recovery that fueled risk tak...
Dollar gains ahead of key US jobs report Inquirer | NEW YORK – The dollar on Thursday firmed sharply against the euro amid worries about weak US economic data and a looming key jobs report that sent investors scurrying to the safe-haven currency. | The euro was traded at $1.3580 around 2200 GMT, dow...
Euro rises as Greece fear eases; dollar broadly lower The Guardian * Greek cabinet unveils $6.49 bln budget-cutting plan * Euro edges higher, but sentiment remains fragile * U.S. service sector expands; ADP shows 20,000 job losses (Adds quote, details, updates prices) By Wanfeng Zhou NEW YORK, March 3 (Reuters) - Th...
Sterling Slides on Election Worries Wall Street Journal By NEIL SHAH And ALISTAIR MACDONALD | Getty Images | Prime Minister Gordon Brown in Reading, England, on Monday. The opposition Conservatives' lead is dwindling as Labour gains in opinion polls. | LONDON—The pound suffered its worst drop in mon...
Economy of Spain on the Edge The New York Times | MADRID — The idea that Spain could become a target of the world’s markets, an economic basket case weighing down the euro, is a preposterous notion, but not an unthinkable one. | It’s preposterous in the sense that this is a great...
EU urges US to join in action against speculators Newsvine | BRUSSELS — German Chancellor Angela Merkel said Tuesday that a European monetary fund to bail out eurozone nations in need would send a clear signal to markets speculating on the possible break-up of Europe's currency union. | She said Greece's debt crisis is forcing the European Union to make changes that would allow "coherent economic pol...
US stocks fall early on 1-year anniversary of low The Times Of India NEW YORK: US stocks inched lower in early trading Tuesday, a year after the stock market hit bottom during the recession. | With little in the way of economic reports or earnings to help drive shares higher, investors are taking a breather after major indexes rose the past few weeks. | Stocks have surged over the last year since hitting 12-year low...
