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  • Overnight business summary: Investors await key economic reports 16 May 2008 04:57 GMT
    ... drove 0.7 percent growth for the entire euro economy, according to statistics released Thursday. The 15 nations ... act on complaints about trade barriers and currency controls. Referring to the dialogue process, Gutierrez said, ...

  • US stocks rise on inflation data 16 May 2008 04:57 GMT
    ... picked up 1.58 points, or 0.1 percent, to 2,496.70. The dollar dipped to 64.61 euro cents from 64.63 euro cents on Tuesday and gained against the Japanese currency to 105.08 yen from 104.76 yen. DPA ...

  • Dollar mostly lower on weak manufacturing data 16 May 2008 04:57 GMT
    ... - The dollar was higher against the euro, but fell against the other major currencies late Thursday, tamped ... Higher interest rates can help bolster a currency by making certain types of investments more attractive. ...

  • Dollar gains as inflation rises less than expected 16 May 2008 04:57 GMT
    ... points in late afternoon trading and increased currency investors' appetite for risky “carry trades” - borrowing ... In late New York trading, the 15-nation euro fell to $1.5461 from $1.5480 late Tuesday. The British pound declined ...

  • Where will the skies take you? 16 May 2008 04:57 GMT
    ... were surcharging for fuel. The others held firm until March and April, when the €20 extra charge began to gain currency. Sometimes they call it a fuel surcharge, sometimes it is described as an airport ...

  • Rate cut unlikely as inflation set for 3.7% 16 May 2008 04:56 GMT
    ... needs to fall further, particularly against the Euro in order to correct our widening trade gap, the £ is ... simple: 1/ Lowering base rates de-values your currency 2/ With a de-valued currency everything you import ...

  • KBA posts 5.5% increase in new orders for the quarter 16 May 2008 04:03 GMT
    ... 2008) Defying the financial crisis, a strong euro and a pre-Drupa lag in demand for sheetfed presses, in the ... sales and earnings, and notwithstanding the economic, currency and commodity-related risks our group is facing, we ...

  • Euro recovers from 3-day lows versus yen and pound 16 May 2008 04:03 GMT
    ... Euro recovers from 3-day lows versus yen and pound (RTTNews) - ... and pound (RTTNews) - The European single currency recovered the losses it incurred in early Friday ...

  • 11:55amUS puts the boot in China's yuan 16 May 2008 04:01 GMT
    ... has accused China of keeping its yuan currency "substantially undervalued", but stopped short of branding ... report mainly focused on international economic and forex developments in the second half of 2007 ... includes some data through mid-April. Regarding the euro, the currency of 15 European Union member nations, the Treasury ...

  • UAE, Qatar may ditch dollar peg in six months, says Merrill 16 May 2008 04:01 GMT
    ... will continue to appreciate against the US currency, currencies supported by stronger fundamentals and credible ... research report titled "ML global currencies — forex weekly: New forex forecasts" said the dollar ... the dollar should continue to recover versus euro and the Anglo-Saxons . "In EMEA we expect a volatile ...

  • Tokyo stocks open higher on overnight US gains, stronger GDP data 16 May 2008 03:19 GMT
    ... of expansion, the government said Friday. On currency markets at 9 am (0000 GMT), the dollar ... 5 pm quote of 104.80-83 yen. The euro was quoted at 1.5457-62 dollars, down from Thursday's 5 pm quote ...

  • Holiday travel expected to slow 16 May 2008 03:19 GMT
    ... meals are paid for in advance.
    euro can fluctuate but if you've already paid, those prices are ... are traveling here now because because their currency is up. We're getting guests from England and ...

  • U.S. ducks China sanction 16 May 2008 02:59 GMT
    ... administration refused again Thursday to identify China's currency practice as manipulative. In a semi-annual report, the ... Japanese yen and has depreciated against the euro. The next true test of the close U.S. economic ties with ...

  • EXIMBANK OF KOREA SELLS US$1.2 BLN WORTH OF EURO BONDS 16 May 2008 02:17 GMT
    ... said Friday it has sold 750 million euro (US$1.2 billion) of global bonds to finance South Korean ... spent on export financing and repaying foreign currency debts, it added. South Korean lenders have sought ...

  • US puts the boot in China's yuan 16 May 2008 02:16 GMT
    ... has accused China of keeping its yuan currency "substantially undervalued", but stopped short of branding ... report mainly focused on international economic and forex developments in the second half of 2007 ... includes some data through mid-April. Regarding the euro, the currency of 15 European Union member nations, the Treasury ...

  • Eurozone economic growth rebounds to 0.7% in Q1 16 May 2008 02:08 GMT
    ... seasonally adjusted growth rate was 2.2 percent in the 15-nation bloc sharing the same currency euro, the same with the final three months of 2007. The unexpected good performance was mainly supported by a ...

  • Forex -U.S. dollar mixed in Sydney after overnight gains; yen firmer after GDP 16 May 2008 02:05 GMT
    ... > > > Forex -U.S. dollar mixed in Sydney after overnight ... Friday after making gains overnight against the euro on growing optimism that the U.S. economy will avoid recession. ... the yen gained strength against the U.S. currency. Japan's official figures showed the economy grew ...

  • US stops short of branding China a currency manipulator 16 May 2008 02:01 GMT
    ... US stops short of branding China a currency manipulator WASHINGTON (AFP) - The United States ... international community." It underscored that China's "rigid" forex policy "continues to support large-scale domestic liquidity ... includes some data through mid-April. Regarding the euro, the currency of 15 , the Treasury noted that its ...

  • Autodesk F1Q09 (Qtr End 4/30/08) Earnings Call Transcript 16 May 2008 01:37 GMT
    ... 24% as reported and 13% at constant currency. While favorable currency exchange rates help fuel ... are you making on currency and maybe Euro exchange rates for your full-year guidance, Al? As we’ve told ...

  • Economic Calendar for Friday, May 16 16 May 2008 01:36 GMT
    ... Sydney, May 16, 2008 (RWE via COMTEX) -- Date Currency Event Actual Forecast Previous 12:00am USD Philadelphia ... 3:00pm JPY Household Confidence 36.0 36.7 4:45pm EUR French Nonfarm Employment q/q (p) 0.3% 0.3% 5:00pm EUR ECB ...

  • FOREX - US DOLLAR ENDS FIRMER AGAINST RUPEE - MAY 15, 2008 16 May 2008 01:36 GMT
    ... the pound sterling closed at Rs 83.02 per pound at the interbank foreign Exchange (FOREX) market here on Thursday. The euro ended at Rs 66.17 and the yen (100) finished at Rs 40.71. ...

  • Travel business off from last year 16 May 2008 01:15 GMT
    ... meals are paid for in advance.
    euro can fluctuate but if you've already paid, those prices are ... are traveling here now because because their currency is up. We're getting guests from England and ...

  • THE RUPEE: dollar trading above 69.10 level 16 May 2008 01:10 GMT
    ... buying and selling at 68.90 and 69.10, currency experts said. According to the market sources, the ... The rupee, however, gained 30 paisa versus euro, for buying and selling at Rs 105.20 and Rs 105.30, they ...

  • Malaysian Stocks - Builders seen in focus in flat market 16 May 2008 00:44 GMT
    ... on natural gas stockbuild, profit taking [O/R] >FOREX-Yen rises broadly amid waning risk demand [USD/] ... jumps 2 pct on surging oil, firm euro [GOL/] >SE Asian Stocks-Mostly up on commodity stocks ...

  • Oil slips on natural gas stock buildup, profit-taking 16 May 2008 00:38 GMT
    ... came as the dollar weakened against the euro on Thursday, after data showing US industrial production fell 0.7 ... since September 2005. Oil and the US currency have become closely intertwined in recent months as ...


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