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SYDNEY, Nov 17 (Reuters) - Australians are anxious to know if they will avoid recession and are turning to some unexpected, unofficial economic indicators to find answers. Unconvinced by official data, which are sending mixed and sometimes dubious ...
Read moreNov. 18 (Bloomberg) -- The yen rose for a third day against the euro as growing evidence of a recession in the world's largest economies prompted investors to sell higher-yielding assets and pay back low-cost loans in Japan's currency. The yen also ...
Read moreNov. 18 (Bloomberg) -- The dollar rose against the euro and the yen on speculation overseas investors are buying more of the safest U.S. assets as the global economy enters a recession. The greenback gained before the Treasury releases data that will ...
Read moreSINGAPORE, Sept 15 (Reuters) - The U.S. dollar tumbled in Asian trade on Monday as Lehman Brothers (LEH.N: Quote , Profile , Research ) said it would file for bankruptcy, heightening concerns over the U.S. financial system's stability and sparking ...
Read moreNov 14 - US Dollar Still the Safe Haven of Choice, Fed Meeting Minutes Present Event Risk Next Week Nov 14 - Euro Consolidates as Economy Expectedly Falls Into Recession, Will U.S. Retail Sales Spark Volatility? Nov 14 - US Dollar: Retail Sales ...
Read moreNEW YORK - The dollar traded mostly lower in New York Wednesday after a report showed contraction in the U.S. services industry and as markets geared up for interest-rate cuts in Europe. The stabilizing effect of the U.S. election outcome should also ...
Read moreSINGAPORE (Dow Jones)--Asian stock markets have plunged Friday with investors scrambling to sell after Wall Street dropped on concerns about the health of the U.S. financial sector and the broader economy. Traders say retail investors are heavy ...
Read moreSINGAPORE (Dow Jones)--Asian share markets were on the rise Friday after a large intraday turnaround on Wall Street, though caution before the weekend was likely to limit the gains. Analysts were also quick to point out the negatives which remained ...
Read moreStocks declined Friday but held on to solid gains for the week, as investors wondered how badly the economy is ailing, and when it is going to recover. The Dow Jones Industrial Average remained volatile Friday, swinging in a 563-point range including ...
Read moreOct. 20 (Bloomberg) -- The yen fell as state-backed bank rescue plans in the U.S., Europe and South Korea helped reduce the cost of borrowing between banks, encouraging purchases of higher-yielding currencies funded in Japan. The yen declined against ...
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