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Uncategorized - October 22, 2007 12:00
Dollar slides to record low against euro
Dollar slides to record low against euroThe dollar hit a record low against the euro after the weekend G7 summit failed to explicitly address dollar weaknessSource: www.ft.com
Company earnings seen up 1.8 percent this week
NEW YORK (Reuters) – Third quarter U.S. corporate earnings are expected to show a lower increase next week, weighed down by consumer and financial sectors, Reuters Estimates said on Monday. Read More… STOCKHOLM (Reuters) – Electrolux undershot forecasts with flat quarterly earnings on Monday as new product launches cost more than expected, and said its […]
Economic, credit worries rattle investors (Reuters)
Economic, credit worries rattle investors (Reuters) Reuters – Worries about the world-leading U.S. economy and fears over bank credit rippled across financial markets on Monday, sending stocks sharply lower and dragging the dollar to a record low against the euro. Source: news.yahoo.com
Fears power shortages could hinder Tomago Aluminium plans
Tomago Aluminium chief executive says while the company is always looking to expand the smelter, any future developments could be hindered by a lack of available power in New South Wales. Tomago Aluminium turns 25 next year and chief executive officer Read More… /Commodities_Oil_tops_& was not found on this server. Read More…
Asian markets tumble on US worries
Asian markets tumble on US worriesRegional stock markets suffered their biggest falls in two months as investors reacted to Wall Street’s drop Friday and worried that credit market losses would slow economic growth in the US and beyond Source: www.ft.com
Halliburton third-quarter profit rises 19 percent
Halliburton third-quarter profit rises 19 percent HOUSTON (Reuters) – Oil services company Halliburton Co on Sunday said third-quarter net profit rose 19 percent, helped by a tax benefit, new international contracts and higher activity from its customers. Source: feeds.reuters.com Oil extends fall SYDNEY (Reuters) – Oil prices fell on Monday, extending the previous session’s decline […]
Government urged to import wheat to avoid crisis
): All Pakistan Flour Mills Association (APFMA) has asked the government to immediately import one million tons wheat in order to avoid any possible crisis in the country. The association also demanded that the wheat support price must be set at Rs500 Read More…
Asian markets tumble on US worries
Regional stock markets suffered their biggest falls in two months as investors reacted to Wall Street’s drop Friday and worried that credit market losses would slow economic growth in the US and beyond Read More…
Dollar hits record low
HONG KONG (Reuters) – The dollar slumped to a record low on Monday after a meeting of the finance chiefs of rich nations ended without words of support for the currency, while Wall Street weakness prompted a broad sell off in Asian stocks. Read More…
Dollar hits record low (Reuters)
Dollar hits record low (Reuters) Reuters – The dollar slumped to a record low on Monday after a meeting of the finance chiefs of rich nations ended without words of support for the currency, while Wall Street weakness prompted a broad sell off in Asian stocks. Source: news.yahoo.com
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