Europe's banks on the brink Reuters | LONDON, May 17 (IFR) - The euro zone crisis was in full swing when Jean-Claude Trichet took the podium in Berlin last October 6 for his final press conference as president of the European Central Bank. Having helped create one of the longest periods of price stability in the history of central ban...
Gold hits 4-1/2 month low on Greek turmoil The Times Of India Tweet | SINGAPORE: Gold extended losses on Wednesday and slipped to its weakest since December after Greece's failure to form a government prompted investors to cut their exposure to the precious metal, which is now behaving like other risk assets. Concerns about upheaval in the euro zone hit the eu...
New Zealand Dollar To Follow Stocks On Euro Crisis, Global Growth Bets The Street | Fundamental Forecast for New Zealand Dollar: Neutral NZDUSD: Two-Year Trend Line Support Level in Focus Stretched Daily Studies Warn NZ Dollar May Bounce vs USD | An iron-clad correlation with the MSCI World Stock Index and a lackluster domestic ec...
Expect lower gas prices heading into Memorial Day Austin American Statesman | If you're lucky enough to live in select parts of the United States, you may see gas pump prices fall to $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon. | ...
EPA report outlines potential Pebble mine risks Reuters | * Report says big mine would destroy fish, habitat | * Does not specifically address proposed Pebble mine | * Pebble mine backers say report "rushed" | By Yereth Rosen | ANCHORAGE, Alaska, May 18 (Reuters) - Large stretches of salmon-spawning strea...
Big picture lost in bureaucratic brouhaha NZ Herald | Murray McCully kept his officials in the dark over the contents of the Cabinet paper he presented ahead of Thursday's embarrassing back-down on plans to scuttle 304 jobs. | No one at the Ministry of Foreign Affairs and Trade (Mfat) - not even boss ...
Greek threat pushes shares down Gulf News | London: World shares slid and German borrowing costs hit record lows yesterday as a deepening Spanish banking crisis, uncertainty about Greece's future in the eurozone and lacklustre US data bolstered safe-haven assets. | World stocks, as mea...
McDonald's April sales rise but miss expectations Palm Beach Post | OAK BROOK, Ill. — McDonald's Corp. says a key revenue figure rose in April as strength in the U.S. and U.K. helped offset weakness in Japan. But results missed analyst expe...
Hawaii man claiming discrimination gets new day in court Business Journal Lynn Nakagawa Reporter- Pacific Business News Email | Twitter | LinkedIn | The Hawaii Intermediate Court of Appeals has reversed a court decision that had ruled a workplace discrimination lawsuit frivolous and resulted in a Honolulu car salesman payi...
Japan looks to central bank to pay for Iran oil - Nikkei Reuters | n">May 19 (Reuters) - The Japanese government and private sector bank officials are considering asking the Bank of Japan (BOJ) for help in settling Iranian oil transactions, the Nikkei reported. | Bank of Tokyo-Mitsubishi UFJ, which handles most of...
India inflation rate rises faster than expected BBC News India's inflation rate rose more than expected in April, figures show. | The wholesale price index rose to 7.23% from 6.89% in March, driven by higher prices of food, fuel and manufactured items. | February's rate was also revised up to 7.36% from 6.95%, according to the Indian government release. | The unexpected rise will make it hard f...
Illegal tour guide menace in Singapore Jakarta Post | While Singapore has welcomed a record number of tourists in the last two years, a problem has also emerged: illegal tourist guides muscling in on the action. | They are sullying Singapore's image, passing on wrong information to tourists, and taking away business from those who play by the rules, say licensed tourist guides, who want the Singapor...
