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  • Mining, energy sectors lead market gains Wednesday, January 7, 2009 @ 1:43AMThe Australian share market has ended the day higher, with strong gains in the mining and energy sectors.
  • (AFX UK Focus) 2009-01-07 05:58 Taiwan stocks hit 2-mth closing high, HTC jumps Wednesday, January 7, 2009 @ 1:30AMTAIPEI, Jan 7 (Reuters) - Taiwan stocks rose 1.32 percent on Wednesday to a two-month closing high, as smartphone maker HTC led the gain on stronger-than-expected 2008 net profit.
  • Boycott US dollar, products: Dr M Wednesday, January 7, 2009 @ 1:26AMKUALA LUMPUR: Former prime minister Tun Dr Mahathir Mohamad yesterday called for a global boycott of the US dollar and US-made products, including Coca-Cola, in protest over Washington’s backing of Israel.
  • Asia stocks at 2-month high Wednesday, January 7, 2009 @ 1:22AMHONG KONG (Reuters) - Asian stocks rose on Wednesday, extending their recent rally into an eighth straight day, inspired by hopes massive U.S. government spending and tax cuts will continue to support the dollar and stimulate demand for exports.
  • Pound rises, US Dollar , Euro, Yen and Yuan ease Wednesday, January 7, 2009 @ 1:21AMMumbai, Jan 7 : Following were the indicative currency notes and travellers' cheques buying and selling rates per unit as given by Thomas Cook India here today.
  • FBI ranks cyber attacks third most dangerous behind nuclear war and WMDs Wednesday, January 7, 2009 @ 1:21AM Yesterday, the FBI announced it considers cyber attacks to be the third greatest threat to the security of the United States. The only two preceding it are nuclear war and weapons of mass destruction (WMD).
  • Bahrain's credit outlook negative, says Moody's Wednesday, January 7, 2009 @ 1:21AM07 January 2009 Global ratings agency Moody's Investors Service has downgraded Bahrain's sovereign ratings outlook from stable to negative after oil prices fell below its budget breakeven level.
  • Somber thought for the New Year: Will there be a recovery? Wednesday, January 7, 2009 @ 1:19AMEconomists will scoff at the question in the title. But that’s because they are trying to fit the present into the past. In the past, recoveries were routine, because recessions were temporary restraints resulting from the Federal Reserve putting the brakes on an overheating economy.
  • Asia Stocks Rise on Expectation U.S. Spending Will Boost Growth Tuesday, January 6, 2009 @ 9:02PMJan. 7 (Bloomberg) -- Asian shares rose, driving the regional benchmark index to a two-month high, after President- elect Barack Obama said the U.S. will run deficits for years, lifting speculation government spending will restore growth.
  • (AFX UK Focus) 2009-01-07 01:29 HK shares seen higher on Wall St gains; telcos eyed Tuesday, January 6, 2009 @ 8:59PMHONG KONG, Jan 7 (Reuters) - Hong Kong shares are seen starting higher on Wednesday following gains on Wall Street on prospects of a government stimulus package but a pullback in crude oil prices after hitting $50 a barrel will limit gains.
  • (AFX UK Focus) 2009-01-07 01:46 Nikkei climbs 2.5 pct, exporters and techs gain Tuesday, January 6, 2009 @ 8:59PMTOKYO, Jan 7 (Reuters) - The Nikkei share average climbed 2.5 percent on Wednesday, buoyed by a weaker yen that lifted Honda Motor Co and other exporters, while tech shares gained after their U.S. peers rose on hopes for an economic stimulus package there. Regional lenders such as Shizuoka Bank rose after a report in the daily Mainichi Shimbun that the Japanese government is looking at a plan to ...
  • $A higher at noon, bonds firmer Tuesday, January 6, 2009 @ 8:58PMThe Australian dollar was higher at noon, as improved risk sentiment and stronger than expected local retail sales lifted the high-yielding currency.
  • (AFX UK Focus) 2009-01-07 01:21 Taiwan stocks open higher, HTC jumps Tuesday, January 6, 2009 @ 8:44PMTAIPEI, Jan 7 (Reuters) - Taiwan stocks opened 1.12 percent higher on Wednesday, continuing their trek upward for a fifth session, as smartphone maker HTC rose after it posted a 2008 net profit that exceeded analysts' expectations.
  • Australian market trades higher Tuesday, January 6, 2009 @ 8:38PM(RTTNews) - The Australian stock market was trading higher Wednesday, following modest gains overnight on Wall Street after release of the U.S. Federal Reserve policy board minutes.
  • 'Stronger sales to slow RBA rate cuts' Tuesday, January 6, 2009 @ 8:37PMA surprising rise in retail sales during November could slow the pace of Reserve Bank of Australia's (RBA) cuts to interest rates, an economist says.
  • (AFX UK Focus) 2009-01-07 01:05 Singapore Hot Stocks-CapitaCommercial Trust in focus Tuesday, January 6, 2009 @ 8:29PMSINGAPORE, Jan 7 (Reuters) - CapitaCommercial Trust may be in focus on Wednesday after the firm managed to secure refinancing for some of its loans.
  • Resource stocks, Wall Street gains push local markets higher Tuesday, January 6, 2009 @ 8:29PMThe Australian share market is higher this morning, led by a rally in resources stocks and gains on Wall Street overnight.
  • BACK STAGE Tuesday, January 6, 2009 @ 12:09PM"The country has gone mad"
  • Customer Service Tuesday, January 6, 2009 @ 11:50AMMONTREAL - Dorel Industries Inc. (TSX:DII.B) has entered a joint venture in Brazil to manufacture and sell juvenile products, including car seats, to capture sales in South America's biggest economy.
  • (AFX UK Focus) 2009-01-06 16:40 SNAPSHOT - Financial Crisis - 1625 GMT Tuesday, January 6, 2009 @ 11:44AMBusiness finance and city news online from Interactive Investor, a leading financial news service. Information on currency market news and financial headlines
  • Mortgages May Be Toxic, But US Treasuries Appear a Safe Haven Tuesday, January 6, 2009 @ 11:12AMBERKELEY: For years before the US financial crisis hit, economists had been warning of a coming collapse of the dollar brought about by the flight of foreign capital from over-leveraged US markets.
  • IASB AND FASB ANNOUNCE MEMBERSHIP OF FINANCIAL CRISIS ADVISORY GROUP Tuesday, January 6, 2009 @ 11:10AMThe International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) this week announced the membership of the Financial Crisis Advisory Group (FCAG). The FCAG is the high-level advisory group set up by the boards to consider financial reporting issues arising from the global financial crisis.
  • Relief for exporters as dollar weakens Tuesday, January 6, 2009 @ 11:10AMExporters should find a weakening kiwi dollar provides some support in 2009 against falling demand and prices for their agricultural and manufactured products.
  • (AFX UK Focus) 2009-01-06 05:45 HK shares reverse gains on China telco profit taking Tuesday, January 6, 2009 @ 1:14AMBy Parvathy Ullatil
  • Euro Zone Inflation to Fall Below 2%, Threatening Currency with Rate Cuts (Euro Open) Tuesday, January 6, 2009 @ 1:13AMThe Euro Zone Consumer Price Index headlines the economic calendar in European hours, with expectations calling for inflation to slow to 1.8% in the year to December.
  • Punjab National Bank cuts foreign currency non-resident deposit rates Tuesday, January 6, 2009 @ 1:07AMNew Delhi, Jan 5 : Punjab National Bank today said it has slashed interest rates on foreign currency non-resident bank (FCNR) (B) deposits scheme for dollar, British Pound and euro.
  • DAILY EXPRESS NEWS Tuesday, January 6, 2009 @ 1:01AMKuala Lumpur : Former Prime Minister Tun Dr Mahathir Mohamad on Monday called for a global boycott of the US dollar and US-made products, including Coca-Cola, in protest over Washington's backing of Israel.
  • ASM International N.V. and SAFC Hitech(TM) Sign Certified Manufacturer and Partnership Agreement Tuesday, January 6, 2009 @ 1:01AM k Insulators; Marks Transition to 3x nm Memory Nodes
  • China's Hu tells Bush Sino-US ties will remain strong: govt Sunday, January 4, 2009 @ 11:31PMThe Chinese and US national flags hang outside the entrance to Goldman Sachs' headquarters in New York. Chinese President Hu Jintao has used one of his last official talks with his US counterpart George W. Bush to voice confidence that bilateral ties would remain strong, the foreign ministry have said.
  • Thailand Currency Slides To 6-day Low Against Dollar Sunday, January 4, 2009 @ 11:28PM(RTTNews) - During early Asian deals on Monday, the Thai Baht fell to a 6-day low of 34.90 against the US dollar. If the Thailand currency slips further, it is likely to target the 35.11 level. The dollar-baht pair was worth 34.7950 at last week's close.
  • Crisis: Automakers reworking export strategy Sunday, January 4, 2009 @ 11:26PMA majority of HMIL's current export comprises the i10 model, which is exported to Asia, Latin America and Western Europe. In addition, the company has stated that 90 per cent of the i20 model (a premium hatchback) will be exported. The company will produce 150,000 units of the model annually.
  • (AFX UK Focus) 2009-01-05 04:08 Indian shares to climb after rate cuts, stimulus Sunday, January 4, 2009 @ 11:13PMMUMBAI, Jan 5 (Reuters) - Indian shares are set to start higher on Monday after hefty rate cuts by the central bank and measures by the federal government to boost growth, but concerns about quarterly earnings could cap gains.
  • A V Rajwade: The God that failed? Sunday, January 4, 2009 @ 7:33PMThe God of Market Fundamentalism died in 2008. The God that failed” was a book written by former believers in Marxism, about how Marxism, as practiced in the communist countries, was altogether different from what their belief held dear and valuable.
  • Auto makers reworking export strategy to tide over downturn Sunday, January 4, 2009 @ 7:27PMIndian auto makers, hit hard by slowing domestic sales, are stepping up their exports to stay afloat. Car companies such as Korea’s Hyundai Motor, and Chennai-based two- and three-wheeler maker TVS Motor are having a fresh look at their export strategy.
  • Export growth to decline for the third month in a row Sunday, January 4, 2009 @ 7:26PMIndian exports are likely to record a dip for the third consecutive month in December 2008, contributing to the first quarterly drop in more than seven years, with recession causing overseas buyers, mainly in the US and Europe, to cancel orders.
  • Follow the recovery van and don’t dilly-dally on the way Sunday, January 4, 2009 @ 7:20PMAfter more than 40 years as a practising economist I should by now be used to eating humble pie.
  • (AFX UK Focus) 2009-01-04 23:28 Diary - Hong Kong - to Janaury 9 Sunday, January 4, 2009 @ 7:00PM(Times are provisional in HK time and GMT time in brackets; * denotes new entry; # denotes results cover; N/A denotes Not Applicable)
  • IT companies may fall short of guidance Sunday, January 4, 2009 @ 9:41AMThe leading Indian information technology services companies are likely to miss their sequential revenue growth forecasts for the third quarter of this financial year (October-December 2008), according to reports put out by prominent brokerage houses.
  • Headline: Infrastructure sorely needed Sunday, January 4, 2009 @ 9:23AMINADEQUATE INFRASTRUCTURE, volatile exchange rates, the possible rescinding of incentives, strict labor rules, and political instability are business leaders' top concerns for 2009.
  • GCC states agree on monetary union Sunday, January 4, 2009 @ 9:01AMThe Arab Gulf states agreed on Tuesday on the final draft of an accord on a monetary union which they plan to launch next year, an official statement said.
  • Foreign currency reserves reach record heights Sunday, January 4, 2009 @ 8:55AMIsrael's foreign currency reserves rose 12% in December 2008, breaking the $40 billion barrier for the first time.
  • DZULKIFLI ABDUL RAZAK: Wouldn't you rather be happy than be rich? Sunday, January 4, 2009 @ 8:21AMIT is that time again when it is customary to wish everyone a Happy New Year! The operational word is, of course, "Happy"!
  • Yearling prices to plummet Sunday, January 4, 2009 @ 8:00AMDOOMSAYERS are predicting a 50 per cent plunge. Others claim it won't be as dramatic.
  • Could interest rates go negative? Saturday, January 3, 2009 @ 10:11AMIf the Bank of England cuts interest rates on Thursday could the interest paid on our savings fall below zero?
  • JOHN CRISP: Rick Warren -- divider or unifier? Saturday, January 3, 2009 @ 9:25AMIn 1963, Supreme Court Justice William Brennan argued that some government-sanctioned activities, though religious in origin, lose their religious meaning over time.
  • Facebook Bans the Breast on Behalf of Mankind Saturday, January 3, 2009 @ 9:25AMBecause of the power it wields, the breast has a unique responsibility and obligation toward its most loyal onlooker. Who can blame the staff of Facebook for removing any photo of a breastfeeding breast wherein the least bit of nipple and/or areola shows? After all, it’s right there in the U.S. Constitution: neither nipple nor involuntary areola, except as a product of pornography whereof the ...
  • Area maple syrup producers enjoy unusually good season Saturday, January 3, 2009 @ 8:49AMBRATTLEBORO -- These are sweet times for sugarmakers in southern Vermont. An almost perfect syrup-making season in the spring produced a bumper crop for maple syrup farmers in some parts of the state while a worldwide shortage of maple syrup has driven up the wholesale price by almost 50 percent.
  • Area maple syrup producers enjoy unusually good season Saturday, January 3, 2009 @ 8:36AMSaturday, January 3 BRATTLEBORO -- These are sweet times for sugarmakers in southern Vermont.
  • Top Property Management Software Providers Saturday, January 3, 2009 @ 6:36AMThis directory, compiled by MHN annually, is designed to simplify the selection process by providing key information for top providers. AMSI 401 E. Jackson St., Suite 1500 Tampa, FL 33602 800-851-1115 www.amsi.com Key Multifamily Contact: George Landgrebe, george.landgrebe.com Software Product: AMSI Property Management Suite Software's Key Functionalities: 1. Centralized site -- level control ...
  • In tough times, bartering boosts small businesses' bottom line Saturday, January 3, 2009 @ 4:16AMIn these cash-strapped times, more small businesses are turning to an ancient system to get products and services without spending a dime.