Archive for February 27th, 2008
Wednesday, February 27th, 2008
The U.S. dollar dipped to a record low against the euro on Tuesday, breaking the 1.50-dollar mark amid lacklustre U.S. economic data and sending investors to pump more money into commodities such as oil as a hedge against inflation.
...
Posted in People | No Comments »
Wednesday, February 27th, 2008
The Australian share market ended higher on Wednesday for the third day running.
The benchmark S&P/ASX200 index ended the day 101.1 points higher, or 1.78 percent, to 5,767.2 points, while the broader All Ordinaries index climbed 9 ...
Posted in People | No Comments »
Wednesday, February 27th, 2008
The State Bank of Vietnam has required commercial banks not to offer interest rates of more than12 percent a year on deposits in Vietnamese dong (VND) to curb the ongoing interest hike war among them.
The State Bank of Vietnam, the ...
Posted in People | No Comments »
Wednesday, February 27th, 2008
Indonesia's sugar production is expected to grow to between 2.7 million tons and 2.79 million tons this year from 2.44 million tons in 2007, the industry association said Wednesday.
The growth target is based on estimated sugarcane ...
Posted in People | No Comments »
Wednesday, February 27th, 2008
is trimming 3,800 jobs from it corporate telecommunications division in an effort to make the unit more attractive to prospective buyers.
The German electronics and manufacturing conglomerate announced Tuesday that it was downsizing ...
Posted in People | No Comments »
Wednesday, February 27th, 2008
Verizon Communications Inc. said Tuesday it expects to close the planned sale of its landline phone and Internet service in northern New England on March 31.
The setting of a specific date comes a day after New Hampshire regulators a ...
Posted in People | No Comments »
Wednesday, February 27th, 2008
U.S. government reports indicating rising oil prices and less consumer confidence triggered a drop in airline stocks Tuesday.
The industry and investors have worried that weak consumer sentiment could curb demand for airline tickets, ...
Posted in People | No Comments »
Wednesday, February 27th, 2008
Members of the U.S. House of Representatives are discussing a plan that would allow investors to sell up to 15 billion U.S. dollars of troubled mortgages to the Federal Housing Administration, a Depression-era government agency that insures ...
Posted in People | No Comments »