Siemens and VW Surge on Roaring Demand From China The New York Times | FRANKFURT — Germany continued to show surprising strength Thursday as a drop in unemployment, coupled along with better-than-expected profit at two of the country’s biggest manufacturers, underscored how Europe’s largest economy is benefiting from a weaker euro and surging export...
Euro Zone Economic Sentiment Rises to 28-Month High ABC News | By Marcin Grajewski | July 29, 2010 | BRUSSELS (Reuters) - Euro zone economic sentiment rose strongly in July, buoyed by figures from Germany that point to a recovery as the currency area overcomes the sovereign debt crisis, but the outlook remains uncertain. | The European Commission said its eco...
Euro Zone Economic Sentiment Rises to 28-Month High ABC News | By Marcin Grajewski | July 29, 2010 | BRUSSELS (Reuters) - Euro zone economic sentiment rose strongly in July, buoyed by figures from Germany that point to a recovery as the currency area overcomes the sovereign debt crisis, but the outlook remains...
Euro dips vs yen on Japan exporter selling The Guardian * Euro dips vs yen on Japan exporter selling * Kiwi down, hurt by RBNZ statement on future hikes * Dollar index dips, support seen at 81.44 By Masayuki Kitano TOKYO, July 29 (Reuters) - The euro dipped against the yen on Thursday, pulling away from a...
European Markets Slip on Concerns About U.S. The New York Times | European exchanges traded in a narrow range Wednesday amid signs that the recent rally may be running out of steam because of concerns about a recovery in the United States. | Asian stocks closely sharply higher, however, on optimism over the regio...
Dollar, euro firm in Asia Inquirer | TOKYO, Japan—The dollar and the euro firmed in Asia Wednesday as a stronger performance for equities in the region boosted risk appetite, analysts said. | The dollar rose to ¥87.90, slightly higher than ¥87.78 in New York Tuesday afternoon. | The e...
AP / Kiichiro Sato
U.S. Markets Struggle as Consumer Confidence Falls The New York Times | Shares on Wall Street wandered Tuesday morning after a report showed the consumer confidence continue to erode last month. | Exchanges in Europe were higher on better-than-expect...
Euro eases from 11-week highs, Aussie eyes CPI The Guardian * Euro fails to hold above $1.30, slips from 11-week highs * Euro/yen off 2-mth highs, bullish on charts * Focus on Aussie as inflation numbers key for rate case SYDNEY, July 28 (R...
Euro to drift downwards in wake of stress tests The Guardian * Euro to slide vs dollar in wake of bank stress tests * Weak euro zone fundamentals, fiscal woes to sting euro * Euro faces technical resistance at $1.3125 By Naomi Tajitsu LONDON...
Apple lifts world markets; yen weighs on Nikkei Philadelphia Daily News | PAN PYLAS | The Associated Press | LONDON - World stock markets mostly rose Wednesday after better-than-expected earnings from the Apple Inc., but Japanese stocks were undermined again by the continuing strength of the yen, a burden for exporters. ...
Euro rises above $1.30 in 10-week high Daily Star Lebanon | Dollar slides as us economic recovery ‘flounders’ | By Agence France Presse (AFP) | Wednesday, July 21, 2010 | - Powered by | LONDON: The euro briefly topped $1.30 on Tuesday, nearing a 10-week high point as the US currency was plagued by renew...
Dollar in doldrums amid US economic concerns The Times Of India TOKYO: The dollar was in the doldrums in Asia on Tuesday although it resisted further falls after losing ground overnight due to concerns about the US economic recovery. | The dollar was quoted at 86.97 yen in Tokyo afternoon trade, recovering slight...
Gold extends fall as demand slides Gulf News | London: Gold eased below $1,190 (Dh4,377) an ounce in Europe yesterday, extending the previous week's 1.5 per cent fall, due to lower investment demand for the precious metal as appetite for other assets improved. | Spot gold was bid at $1,189...
ICICI Bank Profit up 17 Percent on Better Loans ABC News The Associated Press | MUMBAI, India July 31, 2010 (AP) | ICICI Bank, India's largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India's growing economy. | Net profit in the quarter ended June 30 was 10.3 billion rupees ($221 million), roughly in line with expect...
Arab stocks close week higher on global market gains m&c | Amman - Arab stock markets rallied this week, drawing momentum from global market gains, better world recovery outlook and stable oil prices, financial analysts said Friday. | They expected Arab markets to extend gains in the coming weeks in response to improving business sentiment in the United States and Germany and the resulting positive impac...
