Exporters drive Nikkei to 3-month closing high Zeenews Tokyo: Japan's Nikkei average scaled a new three-month high on Wednesday, boosted by gains in exporters such as Toyota Motor and Canon as the yen weakened following data showing Tokyo posted its first annual trade deficit since 1980. | Battered electronics firms such as Sony Corp and Panasonic Corp ...
EU ministers press Greece for budget cuts Al Jazeera | Eurozone finance ministers have pressed Greece to prepare new budget cuts and conclude negotiations with bank creditors on a massive debt writedown within days to avoid a damaging default. | The ministers called on Greece and its EU-IMF auditors "to agree the key parameters of an ambitious adjustm...
From disillusionment to positive change in the Philippines The Examiner | ( Editorial: The opinions expressed here are solely those of the author. ) | The Philippines - Why is it that ten percent of the population live outside of the Philippines? Most would respond by saying, 'to seek a better life'.&nb...
Gold traders bullish for fourth consecutive week; expect bull run to extend The Times Of India LONDON: Gold traders are bullish for a fourth consecutive week, betting that the Federal Reserve's pledge to keep interest rates low until late 2014 will extend the metal's best start to a year in more than three decades. | Nine of 15 surveyed by Blo...
New Zealand Dollar Overbought, Fundamentals To Fuel Major Correction The Street | Fundamental Forecast for New Zealand Dollar: Bearish NZDUSD: Bulls Meet Key Resistance Level New Zealand Dollar at Short Term Channel Resistance New Zealand Dollar Little Changed as RBNZ Keeps Rates on Hold | The New Zealand dollar extended the adv...
Defense Investors Shouldn't Fret Over Budget Cuts: Analysts The Street | The DoD is charged with saving $487 billion over the next 10 years, with $259 billion, or 53%, over the first five years. The fact that the budget has more cuts in the front half than the back was a surprise to some, according to Lazard Capital Mar...
API not impressed with U.S. Gulf lease sale announcement Business Journal | President Barack Obama announced Thursday the opening of 38 million acres for exploration in the Gulf of Mexico, but the American Petroleum Institute said the sale fails to expand offshore energy access. | The sale, to be held in New Orleans on Jun...
WN / Yolanda Leyba
Dollar Slips Under Mild Correction Pressure The Street | Indeed, the combination of a well-received Greek bill auction, lower eurozone spreads and news that Fitch is unlikely to cut France's AAA rating this year have supported the euro...
Eurozone debt doubts drag euro down Al Jazeera | The euro has sunk to a more than one-year low against the dollar and hit an 11-year low versus the yen amid concerns over Europe’s debt crisis as Italy and Spain came under...
Eastman to Acquire Solutia Seeking Alpha | Raises Outlook for 2013 EPS to Greater Than $6 | KINGSPORT, Tenn. & ST. LOUIS--(BUSINESS WIRE)-- Eastman Chemical Company (NYSE: EMN) and Solutia Inc. (SOA) today announced that they have entered into a definitive agreement, under which Eastman...
Japan prices fall, mild deflation to persist Hartford Courant | TOKYO (Reuters) - Japan's core consumer prices fell for the third consecutive month in the year to December, and mild deflation is expected to persist this year as energy prices stabilize and worries about Europe's debt crisis suppress wage growth ...
Asian stocks pause after rallying on Fed Hartford Courant | TOKYO (Reuters) - The broad asset rally which the U.S. Federal Reserve inspired by pledging to keep rates low decelerated on Friday as investors awaited the outcome of Greek debt talks and U.S. gross domestic product data. | MSCI's broadest index o...
Asian stocks rise on hopes of Greek debt deal The State | BANGKOK - Asian stock markets mostly rose Tuesday, shrugging off tough negotiations between Greece and its creditors amid expectations a deal to cut the country's debt mountain will ultimately be reached. | Trading in the region was subdued due to Chinese New Year holidays. Markets in Hong Kong, mainland China, South Korea, Taiwan, Singapore, Mal...
Economic year to be as tough in 2011: Swan Sydney Morning Herald | AAP | Treasurer Wayne Swan says this year will be at least as tough for the domestic economy as 2011, but Australians should remain optimistic about the nation's economic strengths. | Mr Swan said concerns about the sovereign debt crisis in Europe have kept the focus on the strength of the global economy in recent weeks. | Recent cuts to growth f...
