Singapore in recession Peninsula On-line, Qatar - 3 hours ago The Singapore dollar is traded against a basket of currencies of its major trading partners within an undisclosed band known as the nominal effective ...
TOPWRAP 17-G7 pledges urgent, decisive action as markets reel Forbes, NY - 2 hours ago "It all depends on whether the governments can get a grip on this," said Axel Merk, portfolio manager at Merk Hard Currency Fund in Palo Alto, California. ...
Selling frenzy persists as confidence crumbles Reuters UK, UK - 2 hours ago The dollar rose to a 15-month high against a basket of major currencies as investors scrambled for cash preferably in the world's reserve currency. ...
Global bond funds delivering impressive returns Globe and Mail, Canada - 2 hours ago Prior to 2008, the dollar had ridden a multiyear rally that offset gains produced by stocks and bonds denominated in the foreign currencies. ...
Dollar gains as global equities keep sinking Conde Nast Portfolio, NY - 3 hours ago The dollar rose sharply Friday against all major currencies except the yen as investors continue to seek safety and cut risky positions. ...
Trade deficit rises to $5.5bn The News International, Pakistan - 3 hours ago Despite the rupees decline against major currencies, the economy got no significant respite through increase in exports and decrease in imports. ...
Credit crisis to cool Mideast economies Kuwait Times, Kuwait - 3 hours ago Within the six Gulf Cooperation Council nations, "the problem has been that growth has been too strong," said Faulks, adding that currencies in most of ...
Latin America hammered by crisis Maktoob Business (press release), United Arab Emirates - 3 hours ago Brazil, Argentina, Mexico and other Latin American economies are being hammered by the global financial crisis, with battered stocks and currencies hitting ...
LIVE: Paulson holds presser after G7 meeting France24, France - 2 hours ago "It all depends on whether the governments can get a grip on this," said Axel Merk, portfolio manager at Merk Hard Currency Fund in Palo Alto, California. ...
Indonesia plugs seeping confidence, keeps bourse shut The News International, Pakistan - 3 hours ago A central banker told reporters the rupiahs move was inline with other currencies. Of course, we will remain vigilant so as to prevent sharp volatility, ...
G-7 Commit to `All Necessary Steps' to Stem Crisis (Update3) Bloomberg - 19 minutes ago While the joint statement made no mention of currencies, Trichet said the group viewed excess volatility in exchange rates as detrimental and urged China to ...
Latin America hammered by crisis AFP - 1 hour ago The Brazilian currency, the real, has also tumbled, losing a third of its value in the past two months. On Friday it was trading at 2.33 to the dollar. ...
Efforts fail to avert market meltdown Today's Zaman, Turkey - 2 hours ago The frenzy in the market sent Turkish currency investors scouring for safe-havens resulting in the lira sliding against foreign currencies and reaching 1.43 ...
Loonie proves to be a turkey, heading into Thankgiving weekend 660 News, Canada - 2 hours ago That has resulted in a strengthening of the US dollar against other currencies. But Scotia Capital currency strategist Sacha Tihani said Canada's dollar has ...
Talk About the Meltdown Washington Post, United States - 2 hours ago My office was in the heart of the financial district, where banks and currency traders had electronic signs in their windows showing the value of the ...
