Detroit Business Daily - Exchange Rates News

Exchange Rates News

County wrap-up Friday, September 3, 2010 @ 12:21AM• City of Fallon proposal for a utility connection for the new juvenile justice facility. Unanimously approved. In exchange for using city utilities, the city of Fallon will receive the old juvenile probation buildings to do with what they chose.
Japan Bonds Fall, Post Biggest Weekly Loss Since 2008, on Ozawa Thursday, September 2, 2010 @ 11:57PMJapanese bonds fell, completing the biggest weekly loss since May 2008, on concern a government led by Ichiro Ozawa will boost debt-fueled spending and as capital expenditure data bolstered demand for higher-yielding assets.
Economic recovery in N.America slipping: Bank Thursday, September 2, 2010 @ 11:48PMBy Gurmukh Singh, Toronto, Sep 3 : Despite reports from the US Thursday that initial jobless claims fell to 472,000 last week and pending home resales were up 5.2 per cent in July, Canada's top Toronto Dominion (TD) Bank said the economic recovery in North America is slipping after positive hints four months ago.
Oil May Fall as U.S. Refineries Conduct Seasonal Maintenance, Survey Shows Thursday, September 2, 2010 @ 11:13PMCrude oil may fall next week as U.S. refineries perform seasonal maintenance, reducing demand, a Bloomberg News survey showed.
An uninformed vote is a waste Thursday, September 2, 2010 @ 11:05PMThis November there will be a special election for New Mexico. It will be the first time our state will elect a female governor.
Needle exchange shutdown led to spike in dangerous sharing: Study Thursday, September 2, 2010 @ 11:04PMSharing of dirty needles among Victoria's injection-drug users increased substantially after the city's only fixed needle exchange closed in 2008, according to a new study.
Stock market kicks off September with strong gains Wednesday, September 1, 2010 @ 10:28AM(AP:NEW YORK) Stocks jumped Wednesday after surprisingly strong growth in U.S. and Chinese manufacturing allayed some of the worries that had been building over the global economy in recent weeks.
Local banks extend longest stock rally Wednesday, September 1, 2010 @ 10:21AMPhilippine banks may extend their longest stock rally in three years and pace gains in the nation’s benchmark index as low borrowing costs and accelerating economic growth spur demand for loans, CLSA Asia-Pacific Markets said.
Trading on Trends Most Successful Strategy in $4 Trillion Currency Market Wednesday, September 1, 2010 @ 10:16AMInvestors who follow trends are reaping the biggest gains in the foreign-exchange market this year as a 11 percent slide in the euro and the surge in the yen against the dollar provide the most profitable returns.
Paragon Shipping Inc. to Present at the Jefferies 7th Global Shipping & Logistics Conference in New York Wednesday, September 1, 2010 @ 10:16AMATHENS, GREECE--(Marketwire - September 1, 2010) - Paragon Shipping Inc. ( NYSE : PRGN ), or the Company, a global shipping transportation company specializing in drybulk cargoes and containers, announced today that Mr. Michael Bodouroglou, Chairman and Chief Executive Officer of Paragon Shipping will be presenting at the Jefferies 7 th Global Shipping & Logistics Conference, which will take ...
Kudrin Sells Most Bonds for Two Weeks in Biggest-Ever Sale Wednesday, September 1, 2010 @ 10:13AMRussia sold the most federal bonds for two weeks as the central bank’s decision to keep interest rates on hold lured investors to the government’s biggest debt sale on record.
Ringgit strengthens against greenback Wednesday, September 1, 2010 @ 10:11AMTHE ringgit ended higher against the US dollar yesterday as buying sentiment rose following a rebound in China's manufacturing sector, dealers said. At 5pm, the local currency strengthened against the greenback to 3.1290/1320 from 3.1380/1420 on Monday.
BSP tells DoF to review pricing for $1-B peso bonds Wednesday, September 1, 2010 @ 10:06AMThe central bank has asked the Department of Finance to revise its proposed $1 billion peso-denominated bond offer since pricing was still off and the bond float’s impact on foreign exchange liquidity has to be clarified. Also, the DoF was planning to use P31.8 billion of the P45-billion or equivalent to $1 billion proceeds from the peso bond offer to plug the deficit, but the Bangko Sentral ng ...
Where to Find Shelter if Deflation Takes Hold Wednesday, September 1, 2010 @ 10:01AMAmid growing worries about deflation, some analysts recommend investors buy bonds. But interest rates on all kinds of bonds are at such skimpy levels that fixed income may not be the place to be.
Paragon Shipping Inc. to Present at the Jefferies 7th Global Shipping & Logistics Conference in New York Wednesday, September 1, 2010 @ 10:00AMATHENS, GREECE--(Marketwire - 09/01/10) - Paragon Shipping Inc. (NYSE: PRGN - News ), or the Company, a global shipping transportation company specializing in drybulk cargoes and containers, announced today that Mr. Michael Bodouroglou, Chairman and Chief Executive Officer of Paragon Shipping will be presenting at the Jefferies 7th Global Shipping & Logistics Conference, which will take place in ...
Ringgit strengthens against greenback Wednesday, September 1, 2010 @ 9:51AMRINGGIT THE ringgit ended higher against the US dollar yesterday as buying sentiment rose following a rebound in China's manufacturing sector, dealers said. At 5pm, the local currency strengthened against the greenback to 3.1290/1320 from 3.1380/1420 on Monday. A dealer said China's higher Purchasing Managers' Index in August had eased concerns of a slow down in growth in the country. The index ...
Boulger casts doubts on 8 per cent interest rates Monday, August 30, 2010 @ 4:16PMRay Boulger, senior technical manager at John Charcol, says reports of interest rates rising to 8% are proof that the August “silly season” is in full swing.
Boulger casts doubts on 8 per cent interest rates Monday, August 30, 2010 @ 4:16PMRay Boulger, senior technical manager at John Charcol, says reports of interest rates rising to 8% are proof that the August “silly season” is in full swing.
Stocks drop as investors enter week cautiously Monday, August 30, 2010 @ 3:56PMNEW YORK - Stocks fell Monday after more signs of slowing economic growth got investors worried ahead of a key report on jobs later this week. The Dow Jones industrial average lost ground throughout the day and closed with a loss of 141 points. Other indexes also fell more than 1 percent.
Stocks drop as investors enter week cautiously Monday, August 30, 2010 @ 3:56PMNEW YORK - Stocks fell Monday after more signs of slowing economic growth got investors worried ahead of a key report on jobs later this week. The Dow Jones industrial average lost ground throughout the day and closed with a loss of 141 points. Other indexes also fell more than 1 percent.
Japan Policy Tinkering Leaves ’Huge’ Risk to Growth Monday, August 30, 2010 @ 3:53PMJapan’s limited policy response yesterday to risks facing economic growth after a surge in the yen may leave the recovery dependent on overseas spending.
Japan Policy Tinkering Leaves ’Huge’ Risk to Growth Monday, August 30, 2010 @ 3:53PMJapan’s limited policy response yesterday to risks facing economic growth after a surge in the yen may leave the recovery dependent on overseas spending.
SCF goes into receivership Monday, August 30, 2010 @ 3:51PMSouth Canterbury Finance has asked for the company to be placed in receivership. It announced today that it has been unable to complete a "recapitalisation and restructure".
SCF goes into receivership Monday, August 30, 2010 @ 3:51PMSouth Canterbury Finance has asked for the company to be placed in receivership. It announced today that it has been unable to complete a "recapitalisation and restructure".
RBI to vet S & P, Dow trading on NSE Monday, August 30, 2010 @ 3:40PMThe issue of allowing trading in indices such as the Dow Jones and the S & P 500 on the National Stock Exchange (NSE) is being considered by the Reserve Bank of India (RBI).
RBI to vet S & P, Dow trading on NSE Monday, August 30, 2010 @ 3:40PMThe issue of allowing trading in indices such as the Dow Jones and the S & P 500 on the National Stock Exchange (NSE) is being considered by the Reserve Bank of India (RBI).
Gold Hawk Files Second Quarter Financial Results Monday, August 30, 2010 @ 3:36PMVANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:GHK) announces today that it has filed on SEDAR.com its financial results for the three and six months ended June 30, 2010.
Gold Hawk Files Second Quarter Financial Results Monday, August 30, 2010 @ 3:36PMVANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2010) - Gold Hawk Resources Inc. ("Gold Hawk" or the "Company") (TSX VENTURE:GHK) announces today that it has filed on SEDAR.com its financial results for the three and six months ended June 30, 2010.
Indian Economy May Expand Fastest Since 2007, Increasing Pressure on Rates Sunday, August 29, 2010 @ 11:44AMIndia’s economy probably grew at the fastest pace in 2 1/2 years, adding pressure on the central bank to raise interest rates even as the global recovery falters.
Are Indian financial markets resilient? Sunday, August 29, 2010 @ 11:33AMOne wonders how resilient the Indian economy or its financial markets would have been, had the global downturn and the resultant flight of capital lasted for a much longer spell than in 2008-09.
STATES Sunday, August 29, 2010 @ 11:31AMTAMIL NADU: Big ticket investments in container terminals Tamil Nadu has the distinction of being the only State to have three major ports — Chennai, Ennore and Tuticorin. Till now, the three did not compete with each other for cargo, but in future, things are going to be different, with ...
INDUSTRY & ECONOMY Sunday, August 29, 2010 @ 11:30AMFOREIGN DIRECT INVESTMENT: Overseas investments by India Inc take a dip Outflows fall to $10.75 b in 2009-10. India Inc was not that aggressive during 2009-10 when it came to expanding global footprint. This has been reflected in the latest data on overseas direct investment for ...
Yen Plays Catch-Up for Asia Exports With Target 75 to Dollar Sunday, August 29, 2010 @ 8:33AMJapan Prime Minister Naoto Kan says he is ready to take “bold” action as the yen approaches its all-time high against the dollar set. Traders say new records are inevitable even after this year’s 9.2 percent gain.
Stocks gain as Bernanke reassures investors Saturday, August 28, 2010 @ 9:06AMStocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the US economy showed further signs of weakening.
Bernanke says Fed backs economy; stocks jump Saturday, August 28, 2010 @ 5:35AMStocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy showed further signs of weakening. Traders were also encouraged by a downward revision in second-quarter economic growth Friday... Ben Bernanke - Federal Reserve System - Economy of the United States - Economic growth - Economic
Jamaica on target Saturday, August 28, 2010 @ 1:06AMJAMAICA has again met the performance targets under the International Monetary Fund's (IMF) Stand-By Arrangement.
Jamaica aces IMF test - More than J$4b available for drawdown as the country meets targets Saturday, August 28, 2010 @ 12:24AMJamaica has aced the second International Monetary Fund (IMF) quarterly test despite unplanned expenditure related to the west Kingston incursion and emergency spending in the health sector.
Stocks slip as economic caution returns Saturday, August 28, 2010 @ 12:19AMNEW YORK -- Stocks fell Thursday after early gains from a better report
Lewis: Former HUD secretary still building his legacy Saturday, August 28, 2010 @ 12:12AMHenry Cisneros has been erased from history. Remember the Alamo? Cisneros became one of the first Latino mayors in America when he ran San Antonio, Texas, from 1981 to 1989.
City vendor may get $1.2B from parking-privatization deal Friday, August 27, 2010 @ 11:15PMThe pitch from Mayor Greg Ballard’s administration to privatize the city's parking meters is compelling, but the proposal to sell the meters to Dallas-based Affiliated Computer Services Inc. has the city giving up more in the long run than is immediately apparent in the talking points.
/C O R R E C T I O N -- New Generation Biofuels Holdings, Inc./ Friday, August 27, 2010 @ 4:45PMAug-2010 by New Generation Biofuels Holdings, Inc. over PR Newswire, we are advised by the company that the second bullet under the key cash conservation points should read "We expect our G&A costs to increase as we expand our customer base and we reach full production levels at our Baltimore facility and approach positive cash flow."
Silverado Gold Mines Ltd.: Claim Rentals Paid and Five Year Permit Received Friday, August 27, 2010 @ 4:36PMVANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 27, 2010) - Silverado Gold Mines Ltd. (OTCBB:SLGLF)(FRANKFURT:SLGL) ( www.silverado.com ) (the "Company" or "Silverado") has timely made its governmental mineral claim rental and royalty payments of US $94,000 and the claims are therefore in good standing.
Japan Yen Intervention May Fail Without U.S., EU Coordination Friday, August 27, 2010 @ 4:33PMAny effort by Japan to weaken the yen after it rallied to a 15-year high may fail without help from the U.S. and the European Union, currency strategists say.
Silverado Gold Mines Ltd.: Claim Rentals Paid and Five Year Permit Received Friday, August 27, 2010 @ 4:32PMVANCOUVER, BRITISH COLUMBIA-- - Silverado Gold Mines Ltd. has timely made its governmental mineral claim rental and royalty payments of US $94,000 and the claims are therefore in good standing.
Silverado Gold Mines Ltd.: Claim Rentals Paid and Five Year Permit Received Friday, August 27, 2010 @ 4:32PMVANCOUVER, BRITISH COLUMBIA--(Marketwire - 08/27/10) - Silverado Gold Mines Ltd. (OTC.BB: SLGLF - News )(Frankfurt: SLGL - News ) ( www.silverado.com ) (the "Company" or "Silverado") has timely made its governmental mineral claim rental and royalty payments of US $94,000 and the claims are therefore in good standing. In another matter: the Company received its ...
The Public Forum . . . El Foro Público Friday, August 27, 2010 @ 4:29PMSweetwater Authority board members cut out the junkets before taxing the citizens On behalf of South Bay residents and ratepayers we unequivocally oppose the 5.6% Proposed Adjustments in Rates for Water Service Fees. Reasons for opposing the proposed rate increase are as followed: 1. Recent news reports that exposed a culture of [...]
Markets Rally on Fed Reassurances Friday, August 27, 2010 @ 4:29PMU.S. investors found renewed confidence Friday after the Federal Reserve chairman said there were options left to reignite the stalled economic recovery.
US stocks gain as Bernanke, GDP reassure investors Friday, August 27, 2010 @ 4:18PMStocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the US economy showed further signs of weakening.
CLOSING BELL: Stocks gain as Bernanke, GDP reassure investors Friday, August 27, 2010 @ 4:16PMThe Dow Jones industrial average and other indexes all gained more than 1 percent.
Andean American Mining Reports Q1 Financial Results Friday, August 27, 2010 @ 4:13PMVANCOUVER, BRITISH COLUMBIA-- - Andean American Mining Corp. reports that for the first quarter ended June 30, 2010, it incurred a loss of $1,190,740 or $0.01 per share compared to a profit of $31,656 or $0.00 for the same period in 2009.