U.S. Dollar Rally Continues
Posted by Financial Market News on August 9th, 2008Bloomberg is reporting Euro Falls the Most in 8 Years on Reduced Bets for Higher Rate .
U.S. Dollar Rally Continues
Posted by Financial Market News on August 9th, 2008Bloomberg is reporting Euro Falls the Most in 8 Years on Reduced Bets for Higher Rate .
UBS to buy securities
Posted by Financial Service News on August 9th, 2008Swiss banking giant UBS AG agreed yesterday to buy back nearly $20 billion in auction-rate securities from investors, a day after Citigroup Inc.
UBS to buy securities
Posted by Financial Service News on August 9th, 2008Swiss banking giant UBS AG agreed yesterday to buy back nearly $20 billion in auction-rate securities from investors, a day after Citigroup Inc.
Euro falls most in almost eight years against dollar
Posted by Financial Market News on August 9th, 2008DOWNSIDE RISK: The euro on Friday had its biggest one-day drop since Sept. 6, 2000, marking a significant change in sentiment for the dollar, one analyst said BLOOMBERG Sunday, Aug 10, 2008, Page 10 The euro ...
Crisis turns free marketeers into regulators
Posted by Financial Service News on August 9th, 2008Worn down by a deepening housing crisis, U.S. Treasury Secretary Henry Paulson and other Washington policy-makers have converted from proponents of hands-off government to reluctant interventionists ready to ...
NYSE: Wall Street ends volatile week on an up note
Posted by Financial Market News on August 9th, 2008Wall Street ended the week on an up note on Friday as cooling oil prices diminished fears that the economy could be further singed by inflationary pressures and after the US Federal Reserve kept interest rates ...
OECD sees growth easing in top economies
Posted by Financial Service News on August 9th, 2008WEAKENING GROWTH: A leading indicator for advanced economies points to weakening growth in the seven biggest economies in the world,the OECD said friday.
MBIA 2nd-quarter profit soars on hefty gains
Posted by Financial Market News on August 9th, 2008Bond insurer MBIA Inc. said Friday its second-quarter profit swelled due to non-cash gains on a portfolio of complex insurance contracts.
Rio Tinto considers IPO for US coal assets
Posted by Financial Service News on August 9th, 2008LONDON : Rio Tinto PLC said Friday that it is considering listing its North American coal assets on the New York Stock Exchange as Cloud Peak Energy Inc.
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