Currency
Home > World Currency Information > World Currency News

World Currency News

  • Yen Rises After Attack in Northern Israel Sparks Risk Aversion Thursday, January 8, 2009 @ 3:12AMJan. 8 (Bloomberg) -- The yen advanced for a second day against the dollar after rockets fired from Lebanon struck northern Israel, prompting investors to seek the perceived safety of Japanese assets.
  • 2 charged in alleged $15M fraud scheme Thursday, January 8, 2009 @ 3:09AMTwo executives with a currency trading firm have been arrested on charges they ran a $15 million Ponzi-like scheme, authorities in Chicago said Wednesday. John E. Walsh, 60, of Lake Forest, Ill., was being held on federal wire fraud charges in Chicago and Charles G. Martin, 43, of Glencoe and Malibu, Calif., was in custody in Los Angeles on similar counts, the U.S. attorney's office said in a ...
  • International Briefing Thursday, January 8, 2009 @ 3:05AMEU Commission President Jose Manuel Barroso called Wednesday on European Union governments to approve a 5 billion-euro ($6.8 billion) stimulus program to upgrade energy and Internet links.
  • News: Children Collide film clip Thursday, January 8, 2009 @ 3:00AMFasterLouder are chuffed to be premiering the film clip for Children Collide's new single, Farewell Rocketship.
  • Japan shares sharply down on US economic worries Thursday, January 8, 2009 @ 2:59AM(AP:TOKYO) Japanese shares dropped nearly 4 percent Thursday, snapping a seven-day winning streak on fresh worries over the U.S. economy as jittery investors braced for dire U.S. unemployment data.
  • Euro slips back on the dollar overnight Thursday, January 8, 2009 @ 2:55AMThe euro slipped back on the dollar in Asia overnight, as the greenback recovered from a retreat on steep US job losses in the private sector. It had fallen as low as USD 1.3747 yesterday on trading platform EBS.
  • Lenovo Forecasts Loss as Demand Slumps; Stock Plunges (Update1) Thursday, January 8, 2009 @ 2:52AMJan. 8 (Bloomberg) -- Lenovo Group Ltd. forecast its first loss in three years and will cut 11 percent of employees as the global recession reduces demand for computers, prompting the stock’s steepest decline since 1998.
  • Pimco Says Brazil, Korea Debt ‘Compelling,’ Warns on Ecuador Thursday, January 8, 2009 @ 2:52AMJan. 8 (Bloomberg) -- Bonds sold by Brazil, South Korea, Mexico and Singapore are compelling because emerging markets will avoid a “domino effect” of defaults, according to Pacific Investment Management Co.
  • S.Korean won down 3 pct;econ woes up risk aversion Thursday, January 8, 2009 @ 2:47AM* Won down 3 pct as econ fears resurface
  • London pre-open: Weak start predicted Thursday, January 8, 2009 @ 2:47AMLONDON (SHARECAST) - Last night’s 245-point tumble on Wall Street is set to leave London about 50 lower in early deals, although record Christmas figures from Sainsbury’s may help repair some of the damage.
  • INSTANT VIEW 3-Indonesia's c.bank cuts key rate by 50 bps Wednesday, January 7, 2009 @ 1:53AMJAKARTA, Jan 7 (Reuters) - Indonesia's central bank cut its key interest rate by 50 basis points to 8.75 percent on Wednesday, more than expected, to spur growth amid a global economic slowdown and as inflationary pressures eased.
  • World stocks advance as oil pushes back above $50 Tuesday, January 6, 2009 @ 11:47AMWorld stock markets rose Tuesday amid relatively positive corporate news, particularly from the struggling British retailing sector, but very weak U.S. factory orders data capped investors' optimism.
  • Gold Falls for Third Session as Dollar Climbs; Platinum Gains Tuesday, January 6, 2009 @ 11:45AMJan. 6 (Bloomberg) -- Gold prices fell for the third straight session as the dollar’s rally reduced demand for the precious metal as an alternative investment. Platinum gained.
  • (AFX UK Focus) 2009-01-06 16:02 Bank of Canada to sell at least C$13.5 bln T-Bills Tuesday, January 6, 2009 @ 11:31AMTORONTO, Jan 6 (Reuters) - The Bank of Canada said on Tuesday it would sell at least C$13.5 billion government of Canada treasury bills at its Jan. 20 auction. The central bank said it would sell at least C$7.8 billion three-month, C$2.85 billion six-month and C$2.85 billion one-year bills at the auction. Final totals will be released on Jan. 13. For Reuters bond and money market pricing ...
  • Blog: Tantalising Tevez Tuesday, January 6, 2009 @ 4:30AMInter need a striker who will do the dirty work in the second half of the season that Zlatan Ibrahimovic won’t lower himself to get involved with. Meanwhile, Manchester United won’t, or more likely can’t afford to, pay to make one of their world-class forwards a permanent member of the squad.
  • Gold May Advance for Eighth Year as ‘Perfect Insurance’ Sought Tuesday, January 6, 2009 @ 4:30AMJan. 6 (Bloomberg) -- Gold, the best-performing metal in 2008, may appreciate for an eighth year as investors seek a refuge from declining interest rates at the same time that central banks inject more cash into the banking system.
  • Gold Drops for 4th Day in London as Stronger Dollar Cuts Demand Tuesday, January 6, 2009 @ 4:30AMJan. 6 (Bloomberg) -- Gold dropped for a fourth day in London as the dollar rose to a three-week high against the euro, reducing the metal’s appeal as an alternative investment.
  • The paper clip, 6 January Tuesday, January 6, 2009 @ 4:19AMThe other story dominating the media at the moment is the ‘gas war' between Russia and Ukraine, with Russian Prime Minister Vladimir Putin now threatening that the Russian energy giant Gazprom will reduce gas supplies to Ukraine bound for Europe according to the Financial Times . The Polish daily Gazeta Wyborcza writes that Bulgaria is the country that will be hit worst by lower supplies of ...
  • Pound rises against euro as fears of parity ease Tuesday, January 6, 2009 @ 3:56AMThe pound continued to strenghten against the euro after its biggest oneday rise against the single currency in nine years.
  • Effects of global credit crunch on European football (Goal.com) Tuesday, January 6, 2009 @ 3:49AMBy now, anyone capable of accessing this article is well aware of the financial crisis that has affected every...
  • (AFX UK Focus) 2009-01-06 08:20 HK shares snap 3-day rally as telcos retreat Tuesday, January 6, 2009 @ 3:46AMHONG KONG, Jan 6 (Reuters) - Hong Kong shares fell 0.6 percent on Tuesday, snapping a three-day, 9 percent rally, as investors locked in gains on Chinese telecom stocks on talk that the much-awaited 3G licences may be issued as early as Wednesday. But sharp gains in local property counters, due to a significant improvement in December 2008 home sales as compared with the previous month, offset ...
  • Lawson Software Receives Awards For ERP Innovation And Manufacturing Functionality Tuesday, January 6, 2009 @ 3:45AMLawson Software today announced it recently received two awards for the Lawson M3 Enterprise Management System. The awards were presented jointly by the Centre of Enterprise Research at the University of Potsdam, Germany and ERP Management magazine.
  • Commentary: Monopoly Financial Commentary Tuesday, January 6, 2009 @ 12:05AMCharles Darrow introduced Monopoly to executives at Parker Brothers in 1934 at the height of the Great Depression. With the U-S deep in recession, commentator Shawn Williams found it to be a good time to revisit Monopoly and see what the game has to offer.
  • Asian Chip Stocks Advance on Memory Prices; Utilities Retreat Tuesday, January 6, 2009 @ 12:02AMJan. 6 (Bloomberg) -- Asian chipmaker shares gained after benchmark memory prices rose, while the region’s utilities fell on concern higher oil prices will increase costs.
  • Get Ahead Of The Game Tuesday, January 6, 2009 @ 12:01AMAs a newcomer this also means that your starting point must be some form of Forex trading education.
  • Happy New Year! Monday, January 5, 2009 @ 11:54PMChange is a constant whether perceived or not; but only when we see it do we believe it has occurred. Then, it is too late. The phrase, speculative bubble, is used to describe the financial tumescence that characterizes the often manic unfounded rise of asset values.
  • Asian Chip Stocks Advance on Memory Prices; Utilities Retreat Monday, January 5, 2009 @ 11:52PMJan. 6 (Bloomberg) -- Asian chipmaker shares gained as after benchmark memory prices, while the regions utilities fell on concern higher oil prices will raise costs.
  • (AFX UK Focus) 2009-01-06 04:38 HK shares fall more than 1 pct, led by China telcos Monday, January 5, 2009 @ 11:44PMHONG KONG, Jan 6 (Reuters) - Hong Kong shares fell more than 1 percent in late Tuesday morning trade, pulling back from a three-day, 9 percent rally, as Chinese telecom stocks retreated sharply. China Mobile fell 3.2 percent to HK$82.25 while smaller rival China Unicom dropped 5.2 percent. Both stocks rallied sharply in the last two sessiosn on hopes of an imminent issuance of 3G licences. By ...
  • Japan’s Nikkei Average Advances for Sixth Day on Weaker Yen Monday, January 5, 2009 @ 11:26PMJan. 6 (Bloomberg) -- Japan’s Nikkei 225 Stock Average rose for a sixth day, its longest winning streak in 18 months, as a weaker yen and rising chip prices improved the earnings outlook for electronics manufacturers.
  • Press, paparazzi new worries as Obama children begin first term at D.C. schools Monday, January 5, 2009 @ 11:17PMWASHINGTON (AP) — President-elect Barack Obama’s two daughters were whisked into their new schools on Monday past a line of waiting photographers.
  • (AFX UK Focus) 2009-01-06 03:48 JGB futures slump on Treasuries, auction eyed Monday, January 5, 2009 @ 11:16PMBy Rika Otsuka
  • (AFX UK Focus) 2009-01-05 00:04 UPDATE 1-S.Korea FX reserves up in Dec, halt 8-mth loss Sunday, January 4, 2009 @ 7:30PMSEOUL, Jan 5 (Reuters) - South Korea's foreign exchange reserves rose in December for the first time in nine months as investment gains and rises in non-dollar assets more than offset dollar-selling intervention, the central bank said on Monday.
  • Lending a helping hand in tough times Sunday, January 4, 2009 @ 6:44PMTHIS being the first Monday for Year 2009, one would be tempted to list down a whole year’s agenda on what could and should be done to keep the economy on an even keel.
  • Invest wisely Sunday, January 4, 2009 @ 5:43PMDiversifying investments during these lean times.
  • 2009 will be painful for emerging countries needing cash Sunday, January 4, 2009 @ 8:39AMCapital availability is the key question for emerging markets in 2009. Those who have it should do well. As for those who don't - it may be better not to ask.
  • Desert's fabric revealed in new form Sunday, January 4, 2009 @ 8:00AMBEFORE they became known for their paintings, indigenous women adapted batik as a means of artistic expression.
  • Beating the credit card trap Sunday, January 4, 2009 @ 8:00AMTHERE is no secret to paying off your credit card debt quicker. All you need to do is source a lower interest rate card and increase your repayments.
  • It's taken a young currency lad to NAB this top job Sunday, January 4, 2009 @ 7:58AMAfter a three-month wait to see John Stewart out the door, National Australia Bank's new chief executive, Cameron Clyne, celebrated his first official day in the top job by taking it off.
  • Economic, political wrestling behind Russia-Ukraine gas row Saturday, January 3, 2009 @ 9:21PMRussia's suspension of gas supplies to Ukraine has entered the third day with no settlement in sight. Some European countries have begun to be affected by a gas shortfall. On Friday, Russia's state gas monopoly Gazprom accused Ukraine of "stealing" gas in transit. Ukrainian officials denied the accusation, saying that they are withdrawing only enough gas to operate pumping stations serving the ...
  • Seizing the moment Saturday, January 3, 2009 @ 9:16PMThe Israelis bomb Gaza out of shape, and the Sri Lankan army captures the Kilinochchi headquarters of the Liberation Tigers of Tamil Tigers (LTTE). What could the Palestinians and Sri Lanka’s Tamilians be thinking?
  • (AFX UK Focus) 2009-01-04 01:05 SNAPSHOT - Financial Crisis - 0050 GMT Saturday, January 3, 2009 @ 8:28PMFactories cut output, jobs around world. European carmakers show weak data. U.S. factory activity falls to 28-year low in Dec Ford sees drop in U.S. sales.
  • For U.S., is a strong or weak dollar better? Saturday, January 3, 2009 @ 8:06PMWould the U.S. economy be better off if the mighty dollar weren't so mighty? The dollar has strengthened against most other major currencies for much of the second half of the year. It recently reversed course, but the big picture remains the same: The U.S....
  • SNAPSHOT - Financial Crisis - 0050 GMT Saturday, January 3, 2009 @ 7:50PMNEWS
  • Long-Term Treasuries Tumble Most in 3 Months on Stocks, Supply Saturday, January 3, 2009 @ 7:45PMJan. 3 (Bloomberg) -- Treasury 10-year notes and 30-year bonds fell the most in three months as stocks and the dollar rose, signifying a growing appetite for risk among investors, and the U.S. prepared to sell more debt next week.
  • Rates may sink to lowest since 1694 Saturday, January 3, 2009 @ 7:40PMThe Bank of England is this week poised to cut interest rates to the lowest level in its 300year history.
  • Year in review: Bailing out of 2008 Saturday, January 3, 2009 @ 9:09AMHow weird a year was it? Here's how weird: * O.J. actually got convicted of something. * Gasoline hit $4 a gallon -- and those were the good times. * On several occasions, "Saturday Night Live" was funny.
  • Bhubaneswar boy sitting on a treasure trove of rare coins Saturday, January 3, 2009 @ 8:35AMBy Sharada Lahangir, Bhubaneswar, Jan 3 : A resident of Bhubaneswar, Devi Prasad Maharaj is a proud owner of about 40,000 coins, many of them rare and antique.
  • More than pocket change :Exhibitions make withdrawals from museum's vaults Saturday, January 3, 2009 @ 7:00AMELKHART -- Dr. William Luther couldn't have found a more appropriate place to deposit his coin collection when he donated it to the Midwest Museum of American Art.
  • In Cuba, Cellphone Calls Go Unanswered Saturday, January 3, 2009 @ 12:26AMHAVANA, Jan. 2 -- Tatiana González stood transfixed before the glass display case watching a single cellphone spin around and around on a carousel at the government-run store. It was a Nokia 1112, a simple, boxy gray workhorse of mobile telecommunications technology -- and González was in love.
  • Economy looms as China, US celebrate relations Friday, January 2, 2009 @ 7:19PMChina and the United States should be kicking off 2009 with a celebration of three decades’ hard work building one of the world’s most crucial diplomatic relationships.