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  • Kudrin Backs Holdings in 'Stable' Euro Sunday, August 29, 2010 @ 8:11AMFinance Minister Alexei Kudrin on Friday gave his stamp of approval to efforts to stabilize the euro zone since Greece's debt crisis, saying Moscow continued to invest its huge reserves in euro-denominated assets.
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  • What Obama’s housing foreclosure plan means for you Sunday, August 29, 2010 @ 5:40AMPresident Barack Obama has just given a speech in Arizona announcing his program for helping homeowners who are struggling to make their mortgage payments. By date (default) read more
  • TABLE-Bangladesh key economic indicators - Aug 29 Saturday, August 28, 2010 @ 11:30PMAug 29 ------------------------------------------------------- DAILY INDICATORS
  • S. Korea’s Prime Minister-Nominee Says He Will Give Up Post Saturday, August 28, 2010 @ 9:23PMSouth Korea’s Prime Minister- Designate Kim Tae Ho said he will give up the post after opposition from lawmakers. Kim made the announcement today in a televised speech.
  • South Korea to Extend Tax Breaks for Home Buyers to Spur Market Saturday, August 28, 2010 @ 8:53PMSouth Korea will extend the waiver period for taxes on home trading to encourage buyers back to the property market after home sales slumped to the lowest level in almost a year and a half.
  • BHP Says It Is ‘Opportune Time’ to Make a Bid for Potash Corp. Saturday, August 28, 2010 @ 8:08PMBHP Billiton Ltd., which made a $40 billion bid for Potash Corp. of Saskatchewan Inc., said the offer is fair and that it would abandon the proposed transaction if it’s not in the best interests of shareholders.
  • Growth hope New Delhi, Aug. 28: Saturday, August 28, 2010 @ 5:35PMFinance minister Pranab Mukherjee today exuded confidence that the economy would grow by more than 8.5 per cent this fiscal, despite a partial rollback of stimulus measures.
  • EDP Renov Saturday, August 28, 2010 @ 4:42PMOperator Thank you. (Operator Instructions) The first question comes from the line of Alberto Gandolfi from UBS. Please go ahead. Alberto Gandolfi – UBS ...
  • Hospital wants out of non-emergency NC inmate care Saturday, August 28, 2010 @ 11:26AMRALEIGH, N.C. (AP) - A hospital says it will quit providing non-emergency care for North Carolina prison inmates because of the cost and hassle of dealing with those patients.
  • Forex: USD/JPY hits a fresh 15-year low at 84.15 Tuesday, August 24, 2010 @ 4:28AMFXstreet.com (Barcelona) - The Yen is soaring across the board on Tuesday's European session, with equity markets going through sharp declines, and the USD/JPY has tumbled more than 100 pips on the day, extending its decline from Friday's high at 85.80 to a fresh 15 year low at 84.15.
  • FOREX-Yen rises to 15-yr high vs dlr, Noda to speak Tuesday, August 24, 2010 @ 4:16AMFOREX-Yen rises to 15-yr high vs dlr, Noda to speak
  • Forex: GBP/USD finds support at 1.5370 and returns above 1.5400 Tuesday, August 24, 2010 @ 4:14AMFXstreet.com (Barcelona) - Pound's retreat from 1.6000 high on early August extended on Tuesday's Asian and early European session, weighed by deteriorated global economic outlook, and the pair dropped to a fresh one-month low at 1.5370, where the pair found support for a mild pick up to 1.5414 area.
  • Industrial Orders Top Forecasts Tuesday, August 24, 2010 @ 4:10AMEuropean industrial orders for June rose more than forecast as gathering momentum in the global recovery helped the region post its fastest growth in four years. The European Unions statistic office said that orders increased 2.5% in the 16-nation euro-area from May. Despite a solid report card for the second quarter the EMU is expected to start showing some signs of weakness as growth slows as ...
  • Forex: EUR/GBP rally stalls at 0.8210 Tuesday, August 24, 2010 @ 3:43AMFXstreet.com (Barcelona) - Euro decline from 0.8280 low on Aug 18 found support yesterday at 0.8140 low, to break higher on Tuesday's Asian session, extending beyond 0.8200, to reach 0.8210 high, where the pair found resistance, and pulled back to levels right below 0.8200.
  • SNAPSHOT-Indian policy highlights on Tuesday, Aug 24 Tuesday, August 24, 2010 @ 3:33AMSource: Reuters Aug 24 (Reuters) - Following are statements from Indian policymakers as well as the latest news and scheduled events. * Denotes new entry. * India's environment ministry on Tuesday rejected a plan ...
  • Forex: GBP/JPY tumbles to 3-month lows below 130.00 Tuesday, August 24, 2010 @ 3:28AMFXstreet.com (Barcelona) - The Pound decline from Monday's high at 133.35 has accelerated on Asian session, after breaking below 132.00 support, and the pair extended more than 200 pips so far today, plunging through June low at 130.40 to reach a a fresh 3-month low at 129.40 so far.
  • Forex: EUR/JPY near 106.00, 9-year low Tuesday, August 24, 2010 @ 3:28AMFXstreet.com (Barcelona) - As a press conference from Japan FinMin Noda brings no relevant news to the table other than the usual jawboning, market players continue to speculate on a rising yen, which was given a boost across all its rivals on Tuesday, including EUR/JPY, being hit by an aggressive wave of selling to establish a fresh 9-year low.
  • Forex: Yen soars as economic outlook deteriorates Tuesday, August 24, 2010 @ 3:13AMFXstreet.com (Barcelona) - The Yen has been the biggest winner at the week opening, as the Japanese currency soared across the board on Monday and Tuesday, favoured by its safe haven status, and investors' run off risky assets on account of increased concerns about equity markets in red and economic outlook deteriorating.
  • Forex: USD/JPY breaks below 84.73 to a fresh 15-year low Tuesday, August 24, 2010 @ 2:58AMFXstreet.com (Barcelona) - The Dollar has broken lower against the Japanese Yen, with equity markets posting declines at European session opening, extending its decline from 85.80 high on Friday, to levels below 84.73 -Aug 11 low- hitting a fresh 15-year low at 84.60 low so far.
  • EUR/JPY: Major support point close by Monday, August 23, 2010 @ 5:43PMThe opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to carefully consider the opinions and recommendations offered by the analysts and to use the analysis and opinions in conjunction with the client and/or prospects own independent analysis.
  • EUR/USD: Sovereign bids seen towards 1.2600 Monday, August 23, 2010 @ 5:43PMJamie mentioned earlier that there were sizeable bids seen around 1.2640 during the NY session. I'm also hearing of some Sovereign buying interest between 1.2600/15 although the amounts are not particularly big.
  • Forex: AUD/JPY settles under 76.00 Monday, August 23, 2010 @ 5:43PMFXstreet.com (Barcelona) - The Australian dollar resisted downward pressure for most of Monday despite the political stalemate which has added an extra layer of uncertainty into the financial markets down under.
  • EURUSD: Short Trade Entered as Prices Breach Support Monday, August 23, 2010 @ 4:34PMStrategy: Short at 1.2661, Targeting 1.2130 EURUSD has confirmed the break of a rising trend line set from the low in early June with push through horizontal support in the 1.2715-1.2755 congestion region. We will enter short from here, initially targeting 1.2130. A stop-loss will be activated on a daily close above 1.2925. To discuss these strategies with other traders, please visit the ...
  • Jacques Rogge: YOG is “perfect promotion” for Singapore Saturday, August 21, 2010 @ 9:07PMIn a recent interview with BBC News, International Olympic Committee (IOC) President was asked about the ballooning costs of the inaugural Youth Olympic Games (YOG) which has become a sore point of contention for an increasing number of Singaporeans. The PAP minister in charge of the YOG Dr Vivian Balakrishnan has received much flak from the [...]
  • Athletes risk fines for early return from YOG Saturday, August 21, 2010 @ 9:07PMplaythegame.org, 16 August 2010 In return for the all inclusive package offered to participants at the Youth Olympic Games in Singapore, athletes and trainers are expected to participate in all of the arranged festivities and cultural arrangements throughout the YOG’s 12 days. Failing to do so will leave the NOCs with a bill for the board, lodging [...]
  • Pitt County school board adopts new sex education policy Saturday, August 21, 2010 @ 7:11PMStarting this school year, a more comprehensive sex education curriculum will be taught in schools across Pitt County and the state. The Pitt County Board of Education unanimously approved two policies at its meeting Monday night in accordance with a state law approved last year.
  • Diageo to lift earnings despite tough US and European markets Saturday, August 21, 2010 @ 6:37PMTOUGH markets in North America and Europe have failed to dent Diageo's profits progress, the world's biggest spirits group is expected to reveal this week alongside ne
  • Services sector deficit narrows by 13.83 percent Saturday, August 21, 2010 @ 5:23PMKARACHI (August 22 2010): The country's services trade deficit narrowed down by 14 percent during July 2010 mainly due to low imports and rising exports of services sector.
  • Forex kitty Mumbai, Aug. 21: Saturday, August 21, 2010 @ 5:06PMThe country’s foreign exchange reserves declined $4.56 billion to $282.79 billion for the week ended August 13 from $287.35 billion the previous week because of a heavy dent in foreign currency assets.
  • NC city gets federal grant for wireless network Saturday, August 21, 2010 @ 4:26PMCHARLOTTE, N.C. (AP) - North Carolina's largest city is getting nearly $17 million in federal money to build a wireless broadband network that will aid police, ambulances and firefighters.
  • Management Accountant- Personnel/Recruitment Saturday, August 21, 2010 @ 7:12AMManagement Accountant - Putney, London Please only apply if your cv clearly show your suitability to this role. Based in south west London. Immediate start.
  • Ringgit likely to see volative trading next week Saturday, August 21, 2010 @ 5:54AMKUALA LUMPUR, Aug 21 – The ringgit is expected to see volatile trading next week after hitting a 13-year high of RM3.1260 against the greenback on Thursday following the easing of regulations on ringgit transactions for trade settlement by Bank Negara Malaysia (BNM). RAM Holdings Bhd economist, Jason Fong, said the rating agency expected to see ...
  • Najib puts stimulus packages on back-burner Saturday, August 21, 2010 @ 3:32AMPUTRAJAYA - It is better for the government to strengthen economic fundamentals rather than introduce stimulus packages frequently to overcome the economic slowdown, the Prime Minister said.
  • Ringgit gains on forex news Thursday, August 19, 2010 @ 10:55AMRINGGIT THE ringgit ended higher against the US dollar yesterday on news that Bank Negara Malaysia had eased regulations on ringgit transactions for trade settlement. At 5pm, the ringgit traded at 3.1330/1370 to the US dollar, up from Wednesday's close of 3.1540/1570. The local currency surged to a 28-month high, its strongest level since April 28 2008, a forex dealer said in Kuala Lumpur. At ...
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  • Flooding Pakistan Faces Economic Catastrophe Wednesday, August 18, 2010 @ 4:04PMPakistan faces economic catastrophe after the devastating floods that have wiped out farmland and ruined infrastructure, with feared losses of billions of dollars likely to set back growth by years. The country's worst ever humanitarian disaster has ravaged an area roughly the size of England, affected 20 million people, exacerbated a crippling energy crisis and raising fears of social unrest.
  • Ringgit falls on risk aversion Monday, August 16, 2010 @ 12:58PMTHE ringgit ended slightly lower against the US dollar yesterday on broad risk aversion across the board, said a senior forex trader. At 5pm, the ringgit traded at 3.1790/1830 against the greenback compared with 3.1660/1690 Friday's closing.
  • Forex accounts offered to travellers Saturday, August 14, 2010 @ 8:14PMBudding travelers are being encouraged to try forex as an alternative to variable bank accounts.
  • Piramal Healthcare: Hold Saturday, August 14, 2010 @ 1:48PMThe company's current valuations are based on the huge cash inflows it would get on consummation of recent deals.
  • Indian envoy on Kosovo, bilateral ties Saturday, August 14, 2010 @ 10:33AMBELGRADE -- The sovereignty and territorial integrity of international borders should be fully respected by all states, says India's ambassador to Serbia.
  • Japan's Ruling Party Members Call For Forex Intervention Saturday, August 14, 2010 @ 6:42AM(RTTNews) - Lawmakers from Japanese ruling party reportedly urged the government and the Bank of Japan to consider undertaking foreign-exchange intervention measures in order to control the appreciation of the yen.
  • RCom net profit slides 84% at Rs 251 cr Saturday, August 14, 2010 @ 2:38AMCompetitive pressures over lower tariffs have eaten into the profits of Reliance Communications’ quarterly performance. The company has posted one of its worst-ever results, with an 84 per cent drop in its consolidated net profit to Rs 251 crore, compared with Rs 1,636 crore in the corresponding quarter last year.
  • Ranbaxy Q2 profit falls 52% on forex losses Thursday, August 12, 2010 @ 2:48PMMr Atul Sobti,CEO and MD, Ranbaxy Laboratories Ltd (right), and Mr Arun Sawhney, President, Ranbaxy Global Pharmaceutical Business, at a press conference in the Capital on Thursday.
  • Forex loss pulls down Ranbaxy Q2 PAT by 48 pc Thursday, August 12, 2010 @ 2:08PMNew Delhi, Aug 12 (PTI) Bogged down by a huge foreign exchange loss, pharma major Ranbaxy Laboratories today reported a sharp decline of 48.2 per cent in its PAT (profit after tax) to USD 72 million (Rs 332 crore) for its second quarter ended June 30.
  • Currencies Remain Under Pressure As Weak Global Economic Data Reinforces Investor Fear Thursday, August 12, 2010 @ 6:44AMAny attempts for a currency recovery in overnight trade have proved fleeting, with the rallies just seen as a formidable opportunity to add to safe haven long positions
  • Currencies: Dollar gains; euro's rebound fades as yen slips Thursday, August 12, 2010 @ 6:11AMThe dollar trades broadly higher, a day after fears of a global slowdown sparked a rush out of equities and other riskier assets and into the safe havens of the greenback and the Japanese yen.
  • Looking to Buy EUR/JPY Thursday, August 12, 2010 @ 6:00AMAlthough the market has come back under pressure and threatens a retest of the late June multi-year lows by 107.30, market conditions remain quite choppy and we would still not rule out the possibility for a higher low above 107.30 ahead of the next major upside extension. The 78.6% fib retracement off of the June-July move comes in by 108.90 and for the recovery idea to play out, we would need ...
  • Betting against the U.S. dollar Thursday, August 12, 2010 @ 5:56AMRisk premium gained by greenback through the financial crisis has faded – an opportunity for dollar bears
  • FOREX: Ringgit Slide On Signs Of Slower Economic Recovery Thursday, August 12, 2010 @ 5:43AMKUALA LUMPUR, Aug 12 (Bernama) -- The ringgit slipped against the greenback for a third straight day as investors continued to go for the safe haven dollar amid growing signs of a slower world economic recovery.