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COLOMBO, April 8 (Reuters) - Sri Lanka's rupee and bourse closed flat on Wednesday in dull trade ahead of a long holiday, but concerns over conditions on a $1.9 billion International Monetary Fund (IMF) loan remained, traders said. The rupee
- COLOMBO, April 8 (Reuters) - Sri Lanka's rupee and bourse closed flat on Wednesday in dull trade ahead of a long holiday, but concerns over conditions on a $1.9 billion International Monetary Fund (IMF) loan remained, traders said. The rupee
- HONG KONG - World stock markets dropped for a second day Wednesday, with Tokyo and Hong Kong tumbling about 3 percent, after a dismal start to the U.S. earnings season dampened hopes that the worst of the economic slump is over. Investors in Asia ...
- LITTLE ROCK (AP) — Arkansas lawmakers on Tuesday approved the state's $4.5 billion spending plan for the upcoming year as a renewed fight over school consolidation temporarily stalled the budget for the state education department. The House and ...
- Customers shop for gold at a Bao Tin Minh Chau shop in Ha Noi. The domestic gold price rose by about 4.3 per cent for the first quarter of this year compared to the same period last year. — VNS Photo Truong Vi HA NOI — The US dollar has stayed ...
- April 8 (Bloomberg) -- JPMorgan Chase & Co. , Goldman Sachs Group Inc. and the eight other banks that have dominated the credit-default swaps market for a decade are now ceding some power to their clients as regulators push for transparency. Pacific ...
- TOKYO (Reuters) - The yen rose on Wednesday as falls in share prices and worries about upcoming earnings results for big U.S. companies prompted investors to flock to its perceived safety. The yen showed limited reaction to news that Japan's current ...
- WASHINGTON - We are in a race between economic recovery and economic nationalism. At last week's G-20 summit, leading nations agreed to roughly $1 trillion of additional lending, mostly through the International Monetary Fund, to help end the ...
- ISLAMABAD: Power tariffs for consumers will be raised by four per cent before June 30, 2009, a latest report of the IMF released on Tuesday confirmed. It further states the Pakistani authorities are also considering levy of carbon tax. Any shortfall ...
- TOKYO, April 8 (Reuters) - The yen rose on Wednesday as falls in share prices and worries about upcoming earnings results for big U.S. companies prompted investors to flock to its perceived safety. The yen showed limited reaction to news that Japan's ...
- (CEP News) - The U.S. Federal Reserve has reached agreements with four central banks to provide foreign exchange to U.S. financial institutions in a series of swap lines on Monday. "Should the need arise, euro, yen, sterling and Swiss francs would be ...
- Rupee rises 0.8 pct on dollar inflows before sliding * State banks' dlr bids controls exchange rate-traders * Sri Lanka's growth could hit 8-yr low of 2.5 pct-cbank * Country's BOP hit deficit of $1.23 billion in '08 By Shihar Aneez and Ranga Sirilal ...
- Mexico's central bank announced Friday that it would activate a credit swap with the US Federal Reserve in an auction of up to four billion dollars on April 21. "The purpose of this credit is to provide financing to members of the private sector ...
- Five Wall Street banks -- J.P. Morgan Chase & Co, Bear Stearns, Goldman Sachs Group Inc, Citigroup Inc and Morgan Stanley -- underwrote the financing when the deal was agreed in the summer of 2007. They provided a $7 billion term loan that provided ...
- NEW YORK, April 3 (Reuters) - The star-crossed $7.4 billion Chrysler buyout is not just a headache for private equity firm Cerberus Capital Management, but some of the biggest banks on Wall Street as well. Chrysler is operating thanks to $4 billion ...
- NEW YORK (Reuters) - The star-crossed $7.4 billion Chrysler buyout is not just a headache for private equity firm Cerberus Capital Management, but some of the biggest banks on Wall Street as well. Chrysler is operating thanks to $4 billion of ...
- NEW YORK - Investors dove into stocks Thursday, extending a rally that gave the Dow Jones industrial average its best four weeks since 1933. Stocks rose across the board in heavy trading following an accounting rule change that will help banks and ...
- Wall Street has extended a four-week rally on more good news about the economy. A surge of buying was fueled by an accounting rule change that could strengthen banks' balance sheets and fresh efforts by world leaders to fight the financial crisis ...
- Thursday, April 2, 2009 (04-02) 07:17 PDT HONG KONG, China (AP) -- Struggling casino giant Las Vegas Sands Corp. hopes to resume construction on its stalled multibillion-dollar mega resorts in the Chinese gambling city of Macau later this year, a top ...
- DETROIT - He doesn't know exactly what the Obama administration wants him to cut, but Fritz Henderson, the new CEO of General Motors Corp., isn't waiting around to find out. Cut deeper. Work harder. Move faster. That's how he described the ailing ...
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