Archive for February, 2011

Kiwi slumps to decade low against Aussie

The New Zealand dollar sank to a more than decade low against the Australian dollar today, on the view that interest rates are likely to fall in New Zealand following last week’s devastating earthquake in Christchurch. (1 hour ago)

WorkCover NSW gets back to business

Amid allegations of bullying within WorkCover NSW and broader questions about its professionalism, workers and businesses should rest assured that the authority is working hard to improve its internal culture. 28 Feb 2011 5:10 PM (11 mins ago)

Sales up; values not

Despite national news that 2010 was the worst year in decades for home sales and new construction, officials for those industries said they did see some improvement last year in Volusia and Flagler counties. (6 mins ago)

Sales up; values not

Despite national news that 2010 was the worst year in decades for home sales and new construction, officials for those industries said they did see some improvement last year in Volusia and Flagler counties. (6 mins ago)

Asian Stocks Snap Four-day Drop, Aussie Gains; Oil Below $100

Asian stocks climbed for the first time in five days, while the Australian dollar and South Korea’s won strengthened as crude oil costs below $100 a barrel eased concern the global economic recovery will be derailed. (18 mins ago)

Sensex Drops to Two-Week Low, Led by Maruti Suzuki, Amid Inflation Concern

Indian stocks fell, dragging the benchmark index to a two-week low, on concern surging oil prices will fan inflation and a weekly report on food prices today will show rising costs for consumers. (22 mins ago)

BOJ upbeat on economy exports show seasonal dip

Bank of Japan Deputy Governor Hirohide Yamaguchi said the country’s economy will soon pull out of its torpor despite a near-stalling of export growth in January but warned risks from rising commodity prices remained. (36 mins ago)

Bond Market Backs Bernanke Mild Inflation in Swap Forwards

In the U.S. bond market, the new normal is looking a lot like the old normal. (6 mins ago)

States ignored warnings on unemployment insurance

WASHINGTON State officials had plenty of warning. Over the past three decades, two national commissions and a series of government audits sounded alarms about the dwindling amount of money states were setting aside to pay unemployment insurance to laid-off workers. (8 mins ago)

Jobless funding strains states

Associated Press WASHINGTON State officials had plenty of warning. Over the past three decades, (37 mins ago)