Dollar at mid-106 yen level in Tokyo

Monday, July 14th, 2008

The U.S. dollar edged up to the mid-106 yen level early Monday in Tokyo. At 9 a.m., the dollar traded at 106.55-60 yen, against 106.25-35 yen in New York and 107.20-21 yen in Tokyo at 5 p.m. Friday. The euro was quoted ...

Crude prices top $147 for first time

Saturday, July 12th, 2008

Crude prices topped 147 U.S. dollar a barrel Friday on tensions in the Middle East and unrest in Nigeria. Light, sweet crude for August delivery soared 5.6 dollars to 147.25 on the New York Mercantile Exchange. Source:X ...

iPhone 3G makes debut in New York

Saturday, July 12th, 2008

Huge crowds of Apple fans Friday lined outside Apple's flagship Store on 5th Avenue in New York as the company rolled out its revamped iPhone 3G. The sequel to the wildly-popular iPhone went on sale at 8 a.m. "I just love th ...

Fuel price hikes drive rethink of US suburbs

Friday, July 11th, 2008

NEW YORK: Ever since the rise of the automobile in the 1950s, the American Dream has featured a home in the suburbs and two cars in the garage. Now the iconic white picket fence comes with a hefty price tag, in the form of the cost of th ...

Dollar at lower 107 yen level in Tokyo

Friday, July 11th, 2008

The U.S. dollar stood at the lower 107 yen level early Friday in Tokyo. At 9 a.m., the dollar was quoted at 107.00-02 yen, compared with Thursday's 5 p.m. quotes of 107.04-14 yen in New York and 107.16-17 yen in Tokyo. The ...

Crude prices soar on tensions in Middle East

Friday, July 11th, 2008

Crude prices rebounded sharply Thursday on tensions in the Middle East that stirred by Iran's missile testing. Oil futures soared more than 5 U.S. dollars a barrel on the New York Mercantile Exchange. Iran announced that it has succ ...

Wall Street higher as oil further declines

Wednesday, July 9th, 2008

Wall Street saw another choppy session and moved slightly higher Tuesday as oil extended Monday's losses. Light, sweet crude fell 5.66 U.S. dollars to 135.71 dollars a barrel in early trading on the New York Mercantile Exchange, aft ...

U.S. stocks rebound as crude prices plunge

Wednesday, July 9th, 2008

U.S. stocks rebounded sharply Tuesday as crude prices dropped sharply for the second day with all the major indexes up more than 1 percent. Crude prices fell more than 5 U.S. dollars to 136.04 dollars a barrel on the New York Mercan ...