Archive for March, 2010
Yen subdued at the start of new qtr, kiwi drops
SYDNEY (Reuters) – The U.S. dollar held firm near three-month highs against the yen on Thursday with more gains expected as Japanese investors look for higher returns abroad now the new financial year has begun. The New Zealand dollar fell sharply to as low as $0.7057, from above $0.7100, after the International Monetary Fund said the kiwi is currently overvalued by 10-25 percent
Oil ends at 2010 peak as dollar slips vs euro
By Robert Gibbons NEW YORK (Reuters) – Oil rose above $83 on Wednesday, lifted to its highest close since October 2008 as the euro’s rise against the dollar offset government data showing crude inventory rose more than expected and gasoline stocks had a surprise build. U.S
Job anxiety hits Wall Street; RIM sinks late
By Ellis Mnyandu NEW YORK (Reuters) – Stocks fell on Wednesday as a report showing a surprising drop in private- sector employment stoked concerns about the health of the labor market two days before the government’s key jobs data. Wall Street took a one-two punch from ADP Employer Services data showing U.S
Stocks drop on job losses; euro holds gains
By Jennifer Ablan NEW YORK (Reuters) – U.S. stocks dropped on Wednesday after a private report showed an unexpected drop in private-sector jobs, while the euro extended gains against the dollar on quarter-end buying. Prices of U.S
Weight of U.S. bond supply just starting to strain
By Burton Frierson – Analysis NEW YORK (Reuters) – The worst might be over for the growth in U.S.
Haiti hopes for $4 billion to rebuild after quake
By Michelle Nichols UNITED NATIONS (Reuters) – Haiti will ask the world on Wednesday for $4 billion to help it rebuild and modernize in the wake of the earthquake that destroyed the Caribbean nation’s capital and killed up to 300,000 people. Some 120 countries, international organizations and aid groups will meet at the United Nations in New York to pledge support for a Haitian government recovery plan that includes decentralizing the economy to create jobs and wealth outside Port-au-Prince, the capital of some 4 million people.
China uproar over dead babies dumped near river
BEIJING (Reuters) – Chinese officials have sought to contain public outrage after workers at a hospital dumped 21 dead fetuses and infants’ bodies near a river bank. The corpses were discovered near a bridge in Jining, a city in Shandong province on China’s east coast, abandoned there by staff at a local hospital morgue, according to Chinese news reports that have stirred sharp public criticism
Tiger Woods ready for media spotlight at Masters, says Player
By Mark Lamport-Stokes RANCHO MIRAGE, California (Reuters) – Tiger Woods will not be distracted by the intense media scrutiny when he steps into the unknown at next week’s U.S. Masters, according to golfing great Gary Player.
Obama wants U.N. sanctions on Iran in weeks
By Steve Holland and David Ljungren WASHINGTON/GATINEAU, Quebec (Reuters) – U.S. President Barack Obama said on Tuesday he wanted tougher U.N
Greece plans global USD bond issue Apr/May- PDMA chief
ATHENS, March 31 (Reuters) – Greece will issue a global U.S. dollar denominated bond in late April or early May, the head of the country’s debt agency (PDMA) said on Wednesday.
