Finance
[$$] Waterford Wedgwood Succumbs (at The Wall Street Journal Online)
Tuesday, 06 January 2009
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Philippine December inflation eases to 8 percent (AP)
Tuesday, 06 January 2009
Inflation in the Philippines slowed in December to 8 percent as fuel and other basic commodity prices continued to decline, the government said Tuesday.
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Dollar dips versus euro in late trading (AP)
Tuesday, 06 January 2009
The dollar dipped against the euro late Monday night in New York. The 16-nation currency traded at $1.3596, down slightly from $1.3602 in late afternoon trading on Monday.
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Dollar higher vs pound in late trading (AP)
Tuesday, 06 January 2009
The dollar took back some ground against the pound in late trading Monday night. The pound fell to $1.4659 from $1.4723 in late afternoon trading in New York on Monday.
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Dollar edges lower against yen in night trading (AP)
Tuesday, 06 January 2009
The dollar edged lower against the Japanese yen late Monday night. The greenback dipped to 93.17 yen from the 93.21 yen it bought in late afternoon trading.
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Prosecutor wants Madoff jailed without bail (AP)
Tuesday, 06 January 2009
A prosecutor on Monday asked that Bernard Madoff be jailed pending trial, saying the disgraced financier violated an agreement with the court by mailing watches, jewelry, cufflinks and mittens worth more than $1 million to relatives and friends.
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British Pound Shows Signs of Life as Gilts Yields Rocket Higher (Daily FX)
Tuesday, 06 January 2009
The British pound has spent most of December drifting toward support at 1.4400, as the markets anticipated that the Bank of England will continue cutting rates aggressively. This also led 2-year gilt yields to fall to record lows on Friday, but they made a comeback on Monday on speculation that the...
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Thain Strain? Merrill's Brokerage Chief Resigns (at CNBC)
Tuesday, 06 January 2009
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Obama plunges into econ talks, predicts approval (AP)
Tuesday, 06 January 2009
President-elect Barack Obama plunged into rare pre-inaugural crisis talks with congressional leaders Monday, declaring the national economy was "bad and getting worse" and embracing tax cuts now expected to reach $300 billion.
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[video] Turmoil At Merrill (at CNBC)
Monday, 05 January 2009
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