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SINGAPORE, Nov 21 (Reuters) - Singapore's central bank said on Friday it had no plans to loosen monetary policy before next April, despite data confirming the island is in recession and the government saying the economy may shrink next year. The ...
Read moreLONDON -(Dow Jones)- European businesses don't need subsidies or aid, but they do need governments and central banks to boost demand through interest rate and tax cuts, a group of 47 leading European companies said Monday. Meeting in Istanbul ...
Read moreThe euro moved higher vis-Ã -vis the U.S. dollar today (Thursday) as the single currency tested offers around the US$ 1.2585 level and was supported around the $1.2470 level. The common currency gained ground on a variety of factors. First, weekly U ...
Read moreTOKYO, Nov 14 (Reuters) - The yen edged up against the dollar and the euro on Friday after a sharp fall the previous day, as investors tip-toed back to the perceived safety of the Japanese currency amid nagging concerns about the global credit crisis ...
Read moreAs if we needed further indication that risk trends remain the primary driver of the forex market, the release of US retail sales highlighted this point yet again on Friday. Indeed, the US dollar initially rose amidst the 8:30 ET release of US data ...
Read moreSYDNEY, Nov 17 (Reuters) - Australian stocks are expected to start mildly lower on Monday, pushed down by a fall in Wall Street on worries about the deepening of a global economic slump. The Group of 20 leaders from major developed and emerging ...
Read moreWELLINGTON, Nov 17 (Reuters) - Asian shares are set to fall on Monday after Wall Street tumbled on the prospect of a global recession and a meeting of Group of 20 leaders concluded with few concrete proposals to tackle deepening economic concerns. A ...
Read moreNov 17 - G-20 Disappoints the Markets, US Dollar Short-Term Forecast Nov 14 - ECB Expect to Cut as Price Pressures Alleviate Nov 13 - Forecast for the German Economy Nov 12 - Short-Term Forecast for USD/CAD Nov 10 - DailyFX Analysts Correctly Bet On ...
Read moreChina will remove export taxes on 102 items including steel products, corn and barley from December 1, the government said, as it strives to shore up exports amid the global economic troubles. It will cut export taxes on another 54 items such as ...
Read moreBUDAPEST, Oct 20 (Reuters) - Most Hungarian leasing firms are expected to suspend or tighten financing in certain foreign currencies in the next weeks, the Hungarian Leasing Association said in a statement on Monday. "Financing can become ...
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