Archive for November, 2008

Dollar Falls Against Yen as Reports to Show Deepening Recession

Dec. 1 — The dollar fell against the yen before U.S. reports this week that may show manufacturing contracted and employers cut jobs by the most since 2001 as the recession deepens. (2 mins ago)

City predicts further 1% cut in base rate

Interest rates will be cut again this week by up to 1 per cent when the Bank of England’s Monetary Policy Committee has its monthly meeting. (3 hours ago)

Stocks end short session with 5th straight gain

Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress. (3 mins ago)

China Yuan Official Central Parity Rates For Friday

The daily central parity rate for the yuan versus the U.S. dollar is the weighted average of prices given by market makers. The highest and lowest offers are excluded from the calculation. (48 mins ago)

Australia’s Company Investment Growth Slows to 0.6%

Nov. 27 — Australian business investment growth slowed in the third quarter, adding to signs turmoil on global financial markets is buffeting the nation’s economy. (8 mins ago)

Market barely reacts to more discouraging news

WASHINGTON — Bad news was no news to the battered American economy Tuesday. (7 mins ago)

Yen Gains as Deepening U.S. Recession Curbs Carry Trade Demand

Nov. 25 — The yen rose before U.S. reports today that economists forecast will show the recession is deepening in the world’s largest economy, prompting investors to cut holdings of higher-yielding assets financed in Japan. (4 mins ago)

Brand focus

Ipca Laboratories? focus on branded formulations and expansion into the US market will help it post strong growth rates over the next two years. (8 mins ago)

Holidays have retailers boxed in

Facing a bleak shopping season between Thanksgiving and Christmas, stores are offering aggressive discounts to kick-start sales. (43 mins ago)

Robert J Shiller: Reviving the Animal Spirits

The most promising prospect for a return of business confidence now would be some kind of public inspiration’of the kind Obama’s win heralds for the US. (7 mins ago)