Judging from the reaction in the stock and bond markets last week, it's pretty clear the financial markets are not going to be content to take a ho-hum response to inflation indicators anymore. And...
The dollar held flat versus most major currencies on Monday as markets awaited this week's U.S. data for clues to how fast interest rates need to rise to counter inflation, but hit a 22-year low...
21/02/2005
The dollar traded near Thursday's two-week low against the euro on Friday after this week's much awaited testimony from Federal Reserve chairman Alan Greenspan failed to inspire clear direction....
18/02/2005
Mitsubishi Tokyo Financial Group Inc., Japan's second-biggest lender, agreed to buy UFJ Holdings Inc. for 3.08 trillion yen ($29 billion) in stock, to surpass Citigroup Inc. as the world's largest...
18/02/2005
Stocks were slightly higher early Thursday as investors digested upbeat earnings from Hewlett-Packard and Wal-Mart, but showed caution ahead of day two of Fed chair Alan Greenspan's congressional...
17/02/2005
Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) , the world's biggest retailer, on Thursday said quarterly profit rose on strong sales growth from store expansion. The company reported...
17/02/2005
China has overtaken the US in the consumption of basic agricultural and industrial goods, a survey has found. With a booming economy and 1.3bn people, it is now the world's largest consumer of...
17/02/2005
Stocks fell early Wednesday, as investors reacted to news of a blast in Iran and geared up for the start of Federal Reserve Chairman Alan Greenspan's congressional testimony. The Dow Jones...
16/02/2005
Coca-Cola Co. (KO.N: Quote, Profile, Research) on Wednesday reported a slight rise in quarterly net income despite weak North American sales of its soft drinks, juices and bottled water. The world'...
16/02/2005
Japan's economy unexpectedly fell into recession last year for the fourth time in 13 years as consumer spending declined and exports faltered. The yen weakened. Gross domestic product contracted at...
16/02/2005