Twin Cities Business Daily - Exchange Rate News

Exchange Rate News

Local men charged in bribery scheme Thursday, July 29, 2010 @ 9:58PMA Hatfield man and a Chalfont man were two of four people charged by the U.S. Department of Justice Thursday in a bribery scheme that siphoned funds from the City of Philadelphia of more than $600,000 over four years, according to court documents.
Task force seeks to reduce abuse of pills, heroin Thursday, July 29, 2010 @ 9:58PMLeaders have launched a task force to cut prescription drug and heroin abuse. And they want the community to join the effort.
Franklin Resources, Inc. Announces Third Quarter Results Thursday, July 29, 2010 @ 9:46PMSAN MATEO, CA--(Marketwire - July 29, 2010) - Franklin Resources, Inc. (Franklin Templeton Investments) ( NYSE : BEN ) today announced net income(1) of $360.5 million, or $1.58 per share diluted, on revenues of $1,534.1 million for the quarter ended June 30, 2010. For the quarter ended March 31, 2010, net income(1) was $356.7 million, or $1.55 per share diluted, on revenues of $1,413.1 million ...
Oil falls to near $78 as global stocks drop Thursday, July 29, 2010 @ 9:43PMOil prices fell to near $78 a barrel Friday in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report.
Hooray for the Economic Recovery!…of 2016 Thursday, July 29, 2010 @ 9:39PMEach new government initiative - the latest being financial reform - that doesn't decisively address the debt, but rather tightens the government's around private enterprise, only serves to delay or prevent economic revival. And so each new day will bring more distress and bankruptcy to homeowners, businesses, and banks.
Top Hedge Funds That Dodged Crash, Rode Market Back Turn Gloomy Thursday, July 29, 2010 @ 9:35PMShawn Bergerson, founder of Waterstone Capital Management LP, made money when most hedge funds didn’t: in 2007 and 2008, as the housing-market collapse turned into a global financial rout, and in the recovery that has followed.
Oil falls to near $78 as global stocks drop Thursday, July 29, 2010 @ 9:35PMOil prices fell to near $78 a barrel Friday in Asia as the region's stock markets dropped on dour economic figures from Japan ahead of a key U.S. growth report. Benchmark crude for September delivery was down 24 cents to $78.12 a barrel at midday Singapore... Asia - Stock market - Business - Singapore - Investing
US-BUSINESS Summary Thursday, July 29, 2010 @ 9:31PMWall St falls on tech outlook worries
Indonesia's Rupiah Has Longest Winning Streak in 3 Years on Growth Outlook Thursday, July 29, 2010 @ 9:31PMIndonesia’s rupiah rose for a seventh day, the longest winning streak since February 2007, on optimism economic growth in Southeast Asia’s biggest economy will boost demand for its assets.
Oil Falls to Near $78 as Global Stocks Drop Thursday, July 29, 2010 @ 9:29PMOil falls to near $78 in Asia as global stocks drop ahead of 2Q US GDP report Asia - Gross domestic product - Business - Investing - Equities
By Henry C K Liu Wednesday, July 28, 2010 @ 9:07PMRecurring financial crises of past decades had clearly exposed the instability of globalized unregulated financial markets and the great danger that poses for the economic wellbeing of defenseless developing countries participating in such markets.
GLOBAL MARKETS-Asia shares retreat from highs, dollar dips Wednesday, July 28, 2010 @ 8:56PMGLOBAL MARKETS-Asia shares retreat from highs, dollar dips
RBNZ weighs against export recovery Wednesday, July 28, 2010 @ 8:50PMThe Reserve Bank’s decision to hike the Official Cash Rate (OCR) again will stifle the export growth that needs to lead the economic recovery say the New Zealand Manufacturers and Exporters Association (NZMEA). There have been warnings from across the tradeable sector on the damage OCR hikes will do; this advice needs to be heeded.
Panamericano Finds U.S. Yields More Alluring Than Potential Higher Rating Wednesday, July 28, 2010 @ 8:42PMBanco Panamericano SA found the lowest U.S. Treasury yields in 15 months more alluring than the potential for a credit rating upgrade in selling its second international bond this year.
Logitech Turns To Q1 Profit On Margin Expansion, Sales Growth; Boosts 2011 Sales Outlook - Update Wednesday, July 28, 2010 @ 8:41PMComputer interface devices manufacturer Logitech International S.A. (LOGI) reported Wednesday a profit for the first quarter compared to a loss last year, boosted by 47% sales growth and margin expansion amid improved sell-through across all retail regions.
China Hongxing +3.2%; Consumer confidence up, says DMG Wednesday, July 28, 2010 @ 8:37PMChina Hongxing Sports (BR9.SG) +3.2% at $0.16 in active trade, extending 10.7% gain so far this week, as players relook battered-down sportswear retailer, which has been consolidating around 52-week low of $0.115 for last 2 months, holding well below $0.30 book value, according to Dow Jones. Stock one of worst performers among S-chips this year, given concerns over weak consumer demand, lower ...
Ballard Reports Second Quarter 2010 Results Wednesday, July 28, 2010 @ 8:30PMBallard Power Systems announced its financial results for the second quarter ended June 30, 2010 today. All amounts are consolidated to include Dantherm Power's results and are in U.S. dollars, unless otherwise noted.
Indian Market Seen Lower On Downbeat U.S Data Wednesday, July 28, 2010 @ 8:28PMThe Indian market may turn volatile on Thursday, as traders rollover their positions in the derivatives segment from July series to the August series on the last day of F&O expiry today. On the earnings front, Bank of Baroda, GE Shipping, HCL Tech, ONGC, NHPC, Siemens and Hero Honda are among the companies that are set to unveil their quarterly earnings today.
Towns cash in on fees for seized vehicles Wednesday, July 28, 2010 @ 8:22PMJean Wells' boyfriend was caught driving her car without a license. But after police impounded the car, she was the one who had to pay $550 to get it back. The same thing happened to Nancy Boyland after police found her grandson driving her sedan with a small amount of marijuana. And it happened to Larissa Harrington after her son was nabbed behind the wheel of her car with an expired license ...
After four years of Adrian Fenty, his chief rival thinks it's time for politeness, consensus, and lots and lots of ... Wednesday, July 28, 2010 @ 8:22PMSome politicians rule by fear, others through persuasion. Vincent C. Gray governs by process.
17,950.83 Wednesday, July 28, 2010 @ 2:03AMThis is the 2nd time that IndusInd Bank had bid for this mandate (successful last year as well) and its success rate so far has been 100%.
Infineon Raises Forecast Again as Net Beats Estimates Wednesday, July 28, 2010 @ 2:03AMInfineon Technologies AG, Europe’s second-largest chipmaker, raised its fiscal 2010 forecast for a third time on semiconductor demand from makers of cars and consumer electronics.
China and tax in focus at outback mining meet Wednesday, July 28, 2010 @ 2:01AMBy James Regan and Manolo Serapio
News Categories Wednesday, July 28, 2010 @ 1:54AMEight residential decrees issued on Sunday 25th appointing a number of ambassadors for the Republic of Yemen on a list of brotherly and friendly countries.
News Categories Wednesday, July 28, 2010 @ 1:54AMThe British Embassy in Sana’a denied the speculation of an attack against the embassy headquarter in Sana’a, adding “The incident appears to have been an altercation between two Yemeni security officials responsible for protecting the Embassy,” according to a press release issued by the British embassy in Sana’a on Tuesday.
News Categories Wednesday, July 28, 2010 @ 1:54AMSecretariat of the capital is witnessing a mass migration of students from nearby villages and other cities.
Chris Murphy, Justin Bernier butt heads on public option Wednesday, July 28, 2010 @ 1:50AMPLAINVILLE — Justin Bernier, a Republican candidate in the 5th Congressional District, locked horns Friday with incumbent, Democrat Chris Murphy.
EXECUTIVE VIEW-Impact of euro zone debt crisis Wednesday, July 28, 2010 @ 1:49AMJuly 28 (Reuters) - The euro zone's debt woes have raised worries about the outlook for the world economy, which has already been dealt a severe blow by the global financial crisis.
Foreign debt levels pose risks Wednesday, July 28, 2010 @ 1:42AMVietNamNet Bridge – Viet Nam should reduce the level of debt it owes to foreign lenders and increase domestic debt in order to avoid foreign exchange rate-related risks, said the vice chairman of the National Financial Supervisory Committee, Le Xuan Nghia.
POLITICAL HOT TOPICS: Wednesday, July 28, 2010 Wednesday, July 28, 2010 @ 1:42AMThe CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. WASHINGTON/POLITICAL For the latest political news: www.CNNPolitics.com CNN: House passes war funding bill The House of Representatives on Tuesday gave final approval to a nearly $59 billion emergency spending bill, the bulk of which would [...]
Hess Corporation to Acquire American Oil & Gas Inc. Tuesday, July 27, 2010 @ 7:14PMHess Corporation (NYSE: HES) and American Oil Gas Inc. (NYSE-AMEX: AEZ) jointly announced today that Hess has agreed to acquire American ...
Tight Range Called For Thai Stocks Tuesday, July 27, 2010 @ 7:13PM(RTTNews) - The Thai stock market has finished higher now in four straight sessions, wrapped around Monday's market holiday for Asarnha Bucha Day. The Stock Exchange of Thailand has collected nearly 30 points in that span while climbing over the 850-point plateau, and now analysts are looking for muted movement when the market opens for business on Wednesday.
DGAP-Adhoc: International Minerals: New High-Grade Drill Results at Inmaculada Project Tuesday, July 27, 2010 @ 7:13PMDissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
Three options under study for tax breaks Tuesday, July 27, 2010 @ 7:06PMThe Finance Ministry is considering three possible options regarding tax support for listed companies.
NYSE busts trades after botched Bancorp share swap Tuesday, July 27, 2010 @ 7:06PMA botched share swap last month in which 10 times more US Bancorp shares were issued than planned, angering and confusing investors, led the NYSE on Tuesday to cancel three days of trades in the stock.
Australian Consumer Price Growth Unexpectedly Slows Tuesday, July 27, 2010 @ 7:04PMAustralian consumer-price growth unexpectedly slowed in the three months through June as costs for recreation, food and communications fell.
Hess Corporation to Acquire American Oil & Gas Inc. Tuesday, July 27, 2010 @ 7:04PMNEW YORK & DENVER----Hess Corporation and American Oil & Gas Inc. jointly announced today that Hess has agreed to acquire American Oil & Gas pursuant to a merger agreement approved by the Boards of Directors of both companies in an all-stock transaction.
Trade-Weighted Yen Signals Intervention Unlikely: Chart of Day Tuesday, July 27, 2010 @ 6:49PMThe yen’s climb to a near 15-year high versus the dollar may not prompt government intervention to weaken the currency as it contrasts with a trade-weighted level that is not particularly strong, according to UBS AG.
Methadone clinics see changes Tuesday, July 27, 2010 @ 6:47PMAs a Vermont State Police investigator, Matt Birmingham was on the front lines in the state’s fight against heroin a decade ago. “I think we were probably caught off guard a little bit, and it came in fairly quickly,” said Birmingham, now the commander of the agency’s Drug Task Force.
Treasuries Rise on Speculation Fed Report Will Show Economy Is Weakening Tuesday, July 27, 2010 @ 6:46PMTreasuries rose, snapping a decline from yesterday, on speculation a Federal Reserve report today will show the U.S. economy is weakening.
New leaf for alcohol agency Saturday, July 24, 2010 @ 9:00AMNew leaf for alcohol agency
BUSINESS IN BRIEF 24/7 Saturday, July 24, 2010 @ 7:33AMThe real estate market in HCM City this year has yet to match the level recorded in 2006 and 2007, as financing is less plentiful and supply and demand remain unstable.
Business Digest for Saturday, July 24, 2010 Saturday, July 24, 2010 @ 7:33AMThe following companies appear in today's Business Digest: New England unemployment rate, The Business Networking International (BNI) local chapter, Commerce Connection, Sitting Pretty Portraits, Natick Center Associates Inc., D'Angelo Grilled Sandwiches, The Framingham Co-operative Bank Charitable Foundation and O'Brien Commercial Properties in Marlborough.
Parliament Should Discuss FDI Slide Saturday, July 24, 2010 @ 7:32AMKhoo Pay Peng Politicians from both sides of divide should sit back and take note of the of gloomy economic signs. Both sides should cease all unwarranted, wasteful and senseless political bickering and focus their attention on what they were elected to do - govern the govern and come out with policy responses to address the current economic malaise.
Cave-in on managing the money managers Saturday, July 24, 2010 @ 7:13AMCongress falls short on protecting investors from self-interested advisers. Here's what you can do in the meantime to safeguard your money.
How To Be an Android Power User [Android] Saturday, July 24, 2010 @ 6:40AM# android From its auspicious start as the brainchild of Internet giant Google, Android has matured into a well-rounded, extremely capable smartphone operating system. Here's everything you need to know to master Google's smartphone OS. More »
Viet Nam, Korea aim to boost trade Saturday, July 24, 2010 @ 5:18AMVietNamNet Bridge – Viet Nam and South Korea would try to boost trade bilateral turnover to US$20 billion by 2015, deputy director of HCM branch's Viet Nam Chamber of Commerce and Industry Nguyen The Hung said at a business-to-business meeting yesterday in HCM City.
Amb. OAS - World Affairs Council of San Antonio Saturday, July 24, 2010 @ 5:13AMThank you so very much, ladies and gentlemen, for that warm welcome. It's a great pleasure for me to be with you today. And to my good friend Ambassador Gene Scassa, congratulations on this well earned honor.
ADB Raises Growth Forecast For Developing Asia Monday, July 19, 2010 @ 8:58PMDeveloping Asia can look forward to a robust recovery in the next two years supported by buoyant exports, strong private demand, and stimulus policy efforts, the Asian Development Bank says. It also urged the fast rebounding economies of East Asia to unwind stimulus measures and called for greater regional coordination.
ADB Raises Growth Forecast For Developing Asia Monday, July 19, 2010 @ 8:57PM(RTTNews) - Developing Asia can look forward to a robust recovery in the next two years supported by buoyant exports, strong private demand, and stimulus policy efforts, the Asian Development Bank says.