Dollar May Extend Drop on Gains by Equities, Demand for RiskTuesday, March 9, 2010 @ 4:48PMMarch 10 (Bloomberg) -- The dollar may extend a decline against the currencies of commodity-exporting nations including Brazil and Canada after rising stocks encouraged demand for assets that traditionally benefit when growth rebounds.
The people’s kingTuesday, March 9, 2010 @ 4:44PMThe young Crown Prince of Norway Haakon Magnus rules with heart and humility.
Greek Finance Minister George Papaconstantinou on the Debt CrisisTuesday, March 9, 2010 @ 4:37PMAfter I graduated from college in 1984, I lived in Greece for about a year. I was paid in drachma, the currency at the time, and I quickly learned what it means to work in a country where the currency is falling in value as oil prices soared. It was the beginning of my real education in economics. I learned about currency controls. Greece had them, making it hard to exchange my salary into ...
Will Oil Stay Comfortable Near $80?Tuesday, March 9, 2010 @ 4:34PM"The era of cheap energy is over," said Flynn, reiterating a proclamation Tuesday by the International Energy Agency's chief economist.
NovaGold, Teck More Likely to Develop Galore Creek (Update2)Tuesday, March 9, 2010 @ 3:49PMMarch 9 (Bloomberg) -- NovaGold Resources Inc. and Teck Resources Ltd. , assessing plans to dig the delayed Galore Creek project, are more likely to proceed with the mine because of rising Asian demand and falling costs, a NovaGold official said.
Prudence Is Better Than Sovereign BorrowingTuesday, March 9, 2010 @ 3:36PMIt seemed prudent last summer that in presenting the draft 2010 budget to the State Duma the government announced that it would seek to raise as much as $17.8 billion in eurobonds this year for the first time since just before the 1998 default.
Stocks likely to start out positiveTuesday, March 9, 2010 @ 2:57PMStocks have received a mostly positive set of leads from offshore trading. Plus, everything you need to know for the trading day ahead.
Proposed coal gasification plant gets new air permitMonday, March 8, 2010 @ 5:28PMState environmental regulators have granted an air-quality permit for a proposed Western Kentucky effort to use coal to make natural gas.
Iraqi Vote Results to Be Released as Coalition Haggling LoomsMonday, March 8, 2010 @ 4:20PMMarch 9 (Bloomberg) -- The first official results from Iraq’s March 7 parliamentary elections will be released today as political leaders say they don’t expect a clear winner.
Aussie stock market receives mixed leadsMonday, March 8, 2010 @ 3:07PMThe Australian stock market received a mixed set of leads from offshore trading, with Wall St and oil prices flat in afternoon trade but metals prices weaker.
MegaWest Doubles Oil Production and Provides Operations UpdateMonday, March 8, 2010 @ 2:05PMMegaWest Energy Corp., , is very pleased to announce that its seven day trailing average production rate is 250 barrels of oil per day . This is double the rate announced in the Company's November 18, 2009 press release.
Salam Fayyad: The Palestinian with a plan for statehoodMonday, March 8, 2010 @ 1:51PMJERUSALEM (JTA) -- Pundits and politicians have taken recently to comparing Palestinian Authority Prime Minister Salam Fayyad to Israel's founding father, David Ben-Gurion.
Iraq Leaders Say Vote Close; Months of Haggling Ahead (Update2)Monday, March 8, 2010 @ 1:06PMMarch 8 (Bloomberg) -- Iraqi political leaders said yesterday’s parliamentary election was a tight contest, a result that may mean months of haggling over the formation of a coalition government.
Not so free speechMonday, March 8, 2010 @ 12:52PMIt’s tough to convey much in 30 seconds—that annual exercise in super-short fiction that is the collective Super Bowl ad rollout notwithstanding.
Squire Sanders Promotes 12 Distinguished Lawyers From the US, Latin America, Western and Eastern EuropeMonday, March 8, 2010 @ 11:08AMWith a focus on opportunities and the resources needed to respond to client challenges as the economy continues to recover, global law firm Squire, Sanders & Dempsey L.L.P. has made promotions in key practices, electing four new partners and naming four new principals and four new national partners.
European stocks steady after US jobs related gainsMonday, March 8, 2010 @ 6:01AMLONDON - European stocks fell modestly Monday, following big gains on Friday, when markets were boosted by better than expected U.S. jobs data and growing confidence that Greece was getting a handle on its debt difficulties.
New projects fuel bitumen demandMonday, March 8, 2010 @ 3:27AMIn recent years bitumen sales have risen sharply in response to greater demand, owing to the large infrastructure projects that the state has undertaken.
World stocks up as US job data lift recovery hopesMonday, March 8, 2010 @ 2:41AMWorld stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.
Market Commentary and Intraday NewsMonday, March 8, 2010 @ 1:41AM(RTTNews) - Rate hike odds have perked up following the release of a fairly robust job report last week.
Asia stocks up as US jobs data lift recovery hopesMonday, March 8, 2010 @ 1:21AMAsian stocks gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.
Qatar-Russia trade doubles: EnvoyMonday, March 8, 2010 @ 1:01AM08 March 2010 DOHA: The volume of trade between Russia and Qatar has doubled in 2009, which is around $30m, compared with around $15m the previous year.
Asia Stocks up as US Jobs Data Lift Recovery HopesMonday, March 8, 2010 @ 12:40AMAsian stock markets gain as US jobs report boosts recovery hopes; Tokyo up nearly 2 pct Stock market - Business - Investing - Stocks and Bonds - Equities
FACTBOX-Industry analysts forecast global palm oil marketsMonday, March 8, 2010 @ 12:06AMKUALA LUMPUR, March 8 (Reuters) - Vegetable oil traders, planters and consumers meet in Kuala Lumpur this week for Bursa Malaysia's three-day palm oil conference -- the first such industry gathering this year.
Asia stocks up as US jobs data lift recovery hopesSunday, March 7, 2010 @ 11:24PMAsian stocks gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery. Major markets added as much as 2 percent in the region's second day higher. The euro got a boost after France voiced support for... Asia - France - United States - Business - Stocks and Bonds
Beware of power- hungry RuddSunday, March 7, 2010 @ 10:21AMKevin Rudd's proposal to run much of the hospital system is worrying.
What will the Iraq elections achieve?Sunday, March 7, 2010 @ 8:36AMPolls have closed in the second election since Saddam Hussein's fall. Will this poll bring change?
(AFX UK Focus) 2010-03-06 14:54 UAE non-oil exports rise to $18 bln in 2009-agencySaturday, March 6, 2010 @ 9:12AMDUBAI, March 6 (Reuters) - The United Arab Emirates' non-oil exports rose to 66 billion dirhams ($17.97 billion) in 2009, from 60 billion dirhams the previous year, state news agency WAM reported on Saturday. Non-oil imports fell 21 percent to 449.2 billion dirhams in 2009, WAM said, quoting the head of the UAE's Federal Customs Authority. In total, the non-oil foreign trade volume of the world ...
UAE non-oil exports rise to $18 bln in 2009-agencySaturday, March 6, 2010 @ 8:38AMDUBAI, March 6 (Reuters) - The United Arab Emirates' non-oil exports rose to 66 billion dirhams ($17.97 billion) in 2009, from 60 billion dirhams the previous year, state news agency WAM reported on Saturday.
Kirin wants to control San Miguel BrewerySaturday, March 6, 2010 @ 1:57AMKIRIN Holdings Co. may seek control of San Miguel Brewery after dropping a planned merger with Suntory Holdings that would have created the world’s fifth-biggest food and drinks maker.
Chinese Yuan v The U.S. Dollar: In The Case of Global Reserve CurrencyFriday, March 5, 2010 @ 6:47PMBy Dian L. Chu. The practice of accumulating dollar reserves by the central banks has become more pronounced after the 1997 Asian financial crisis, when currency speculators hastened a balance of payments crisis in Thailand, Indonesia and South Korea by demanding dollars for local currency, depleting the central banks' dollar reserves. Read more » »
FX Daily Planet: New York OpenFriday, March 5, 2010 @ 3:27PMClick here for the full Note and disclosures. View for the day The overnight rally in risk markets led by the Nikkei report on BoJ’s possible extension in QE continued into the European session.
Kirin may raise stake to take over San MiguelFriday, March 5, 2010 @ 3:06PMKirin Holdings Co. may seek control of its Philippine beer venture after dropping a planned merger with Suntory Holdings Ltd. that would have created the world's fifth-biggest food and drinks maker. "We'd like to take a majority" of San Miguel Brewery Inc. from the current 48 percent if its parent is willing to sell, Senji Miyake, who will become Kirin's president this month, said in an ...
Malaysia Raises Benchmark Rate Ahead of Indonesia (Update1)Thursday, March 4, 2010 @ 6:55PMMalaysia moved ahead of Indonesia to become the second Southeast Asian nation to raise interest rates, saying it wants to avoid “financial imbalances” as the economy emerges from last year’s recession.
Australian Oil Production Declines to 40-Year Low, Report SaysThursday, March 4, 2010 @ 6:43PMMarch 5 (Bloomberg) -- Australian oil production last year declined to its lowest in four decades and is expected to continue falling as fields age after a temporary increase over the next year or two, consultants EnergyQuest said.
Local stocks gain in early tradingThursday, March 4, 2010 @ 6:26PMThe Australian share market has opened moderately higher, reflecting a positive finish on Wall Street.