Currency Trading Reaches $4 Trillion a Day, BIS Says Foreign-exchange trading rose to $4 trillion a day on average even as growth in the market slowed in the three years through April, a Bank for International Settlements survey showed. Read more on BusinessWeek
Skeptical US lays ground for N.Korea talks: analysts After months of rising tension, the United States is gingerly exploring how to launch talks with North Korea without loosening the screws on the isolated state, experts say. Read more on AFP via Yahoo! News
World stocks start new month on positive note World stocks started the new month in positive fashion Wednesday after strong manufacturing figures from China and forecast-busting economic growth in Australia shored up optimism despite a disappointing U.S. jobs survey. Read more on AP via Yahoo! Finance
US consumer confidence rise lifts stocks off lows An unexpected rise in U.S. consumer confidence in August helped stocks in Europe and the U.S. recoup earlier losses Tuesday and trade higher on the day, though markets remain on edge ahead of top-tier economic news from the world’s largest economy. Read more on AP via Yahoo! [...]
Asian stocks retreat as Nikkei slides 3.1 percent BANGKOK — Asian markets sank Tuesday as a strong yen pummeled Japanese shares and pessimism about the U.S. economy intensified. Federal Reserve System – Ben Bernanke – Central bank – Deflation – Chairman of the Federal Reserve Read more on Washington Post
Asian Stocks Falls as U.S. Data Fuels Economic Growth Concern; Sony Drops Asian stocks fell, poised for a third decline in four months, as slower-than-estimated growth in personal incomes in the U.S. heightened concern the economic recovery may slow and the yen strengthened. Read more on Bloomberg
Persisting Economic Uncertainty Sinks Stocks To Open Week – U.S. Commentary (RTTNews) – Stocks suffered a drubbing to open the week on Monday, as continued uncertainty regarding the direction of the economy ahead of this week’s August employment report prompted risk aversion. Read more on INO News
Independence Day of Kyrgyzstan on August 31, 2010 Today (Tuesday) is the Independence Day of Kyrgyzstan. Kyrgyzstan is a country in Central Asia. Landlocked and mountainous, it borders Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the southwest and the People’s Republic of China to the Southeast. Bishkek is the capital and largest [...]
Emerging-Market Stocks Retreat as U.S. Data Fuel Concern Growth Will Stall Emerging-market stocks fell for the first time in four days as smaller-than-estimated growth in personal incomes in the U.S. heightened concern the global economic recovery may falter. Read more on Bloomberg
Wall Street has low expectations for Donaldson Donaldson Company Inc. (DCI) announced after the close on Monday that its fiscal fourth-quarter profit surged on higher worldwide sales and improving margins.DCI earnings rolled in at %2451.2 million, or 65 cents per share, up from %2423.6 million, or 30 cents per share, a year earlier…( Read More [...]