Oil States Deny British Report on Replacing the US Dollar
The rumors started by a British newspaper were dissipated after a group of Oil producing countries...
Greenspan Sees 10% Unemployment Likely
Suggesting that the current 9.8 percent unemployment is "pretty awful", former Federal Reserve Chair...
Merril Analyst Says Demand, Weak Dollar Could Push Oil to $100
Merrill Lynch analyst Francisco Blanch was quoted in the Global Energy Weekly that oil prices could ...
US Dollar Falls on Stock Market Gains
Investors abandoned the dollar today as the Institute of Supply Management Index rose to 50.9 from 4...
Roubini, Soros Warn Stock Markets Could Lose Gains
Nouriel Roubini continues to warn that we are in the midst of a "W-shaped" recovery, while famed cur...
G7 Minister’s Accept Weaker Greenback
The US dollar appears poised to fall against the other majors as signals from the G7 ministers' meet...
Oil Falls on Weak US Employment News
A greater-than-expected loss of jobs in the US has nervous oil investors backing down from yesterday...
US Lost More Jobs Than Expected
The latest unemployment figures show that the US economy lost 263,000 more jobs in September bringin...
Greenspan Calls for Tighter Credit, Higher Taxes
Former Federal Reserve Chairman Alan Greenspan has been in the news a lot for a retired man. Today h...
Yen May Drop to 100, Former Japan Currency Official Utsumi Says
Yes, but will they consider it "abnormal" and intervene, that is the real question. ââ‚...
Eurozone Jobless Continues Rising
Although many economies are reducing the rate of lost jobs, the Eurozone is far off from a full reco...
German jobs saved by short-time working subsidies, says IMF
While the impact of the worst recession since the second world war has been to push up joblessne...
Dollar jumps on European official’s comments
The euro fell 0.5% on the day against the dollar after the EU's Economic and Monetary Affairs Co...
Stock futures slip further after data
S&P 500 futures fell 4.2 points and were below fair value, a formula that evaluates pricing by t...
UK Corporate Debt Rise Lends Weight to Recovery
In its quarterly Credit Conditions Survey, the Bank said that, over the past three months, avail...
Britain to make ‘stronger’ exit from recession
The IMF lifted forecasts across the board due to the impact of action by several governments as ...
IMF says world economy is recovering
Publishing its twice-yearly World Economic Outlook, the IMF rejected forecasts for either a rapi...
Tankan Survey Results Weighs on Tokyo Stocks
apan's Nikkei 225 finished 1.5% lower at 9978.64, ending below the psychologically-crucial 10000...
New US Jobless Claims Higher Than Expected
We know that a return to "normal" employment levels lags behind overall growth as an economy recover...
Eurozone Unemployment Continues to Rise
Rather difficult to believe that a meaningful recovery in the Eurozone is possible until the governi...