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Written by Reuters
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Friday, 25 September 2009 13:28 |
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NEW YORK (Reuters) - Ambac Financial Group (ABK.N), Bank of America (BAC.N) and Germany's central bank are among new entities claiming assets against Lehman Brothers (LEHMQ.PK) after banks and investors worldwide took losses to the largest bankruptcy in U.S. history. |
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Written by RTT Staff Writer
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Friday, 11 September 2009 15:29 |
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(RTTNews) - During early Asian deals on Friday, the US dollar plunged to a 7-month low against the Japanese yen and 1-month low versus the British pound. The dollar also edged down against the European currency and the Swiss franc. |
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Written by Glenys Sim, Bloomberg
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Friday, 22 May 2009 08:20 |
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May 22 (Bloomberg) -- Gold traded near the highest in two months, set for a third weekly increase, as the dollar fell against the euro, boosting the appeal of the precious metal as an alternative investment. |
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Written by By Lukanyo Mnyanda, Bloomberg
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Wednesday, 20 May 2009 15:44 |
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May 20 (Bloomberg) -- The cost of borrowing in dollars between banks for three months dropped for a 36th day amid signs the recovery in the banking industry is quickening. |
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Written by Timothy R. Homan, Bloomberg
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Sunday, 26 April 2009 10:15 |
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April 26 (Bloomberg) -- The International Monetary Fund is considering selling bonds to several developing countries to raise money to combat the global economic slump. |
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Written by MarketWatch
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Wednesday, 01 April 2009 07:32 |
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SAN FRANCISCO (MarketWatch) -- Japanese Prime Minister Taro Aso will propose at this week's Group of 20 meeting that a new International Monetary Fund lending facility be created that would enable emerging and developing countries to borrow funds without strict conditions, according to a published report. |
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Written by Edmund Conway, Telegraph.co.uk
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Tuesday, 17 March 2009 20:21 |
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Telegraph.co.uk - The International Monetary Fund is poised to embark on what analysts have described as "global quantitative easing" by printing billions of dollars worth of a global "super-currency" in an unprecedented new effort to address the economic crisis. |
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Written by Jonathan Wheatley in São Paulo, Financial Times
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Tuesday, 19 May 2009 09:55 |
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Financial Times - Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz Inácio Lula da Silva, Brazil’s president. |
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Written by Reuters
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Thursday, 02 April 2009 07:39 |
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LONDON (Reuters) - Discussion at a summit of G20 world leaders about selling International Monetary Fund gold to raise extra funds refers to sales over and above existing plans, a minister said on Thursday. |
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Written by Ines Guzman, Reuters
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Wednesday, 01 April 2009 07:26 |
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MEDELLIN, Colombia, March 31 (Reuters) - Argentina's central bank considers its recent currency swap agreement with China as a contingency measure and the South American country does not need it for now, Argentine central bank president, Martin Redrado, said on Tuesday. |
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Written by Simon Kennedy and Brian Swint, Bloomberg
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Sunday, 15 March 2009 10:02 |
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March 15 (Bloomberg) -- Finance chiefs from the biggest developed and emerging economies pledged a “sustained effort” to end the global recession and to cleanse banks of toxic assets. |
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Written by Chen Shiyin and Haslinda Amin, Bloomberg
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Wednesday, 13 May 2009 09:42 |
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May 12 (Bloomberg) -- The dollar’s rally is set to end in a “currency crisis,” investor Jim Rogers said, adding that he may bet on a slide in equities after nine weeks of gains. |
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Written by Brian Swint and Francine Lacqua, Bloomberg
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Thursday, 02 April 2009 07:36 |
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April 2 (Bloomberg) -- The Group of 20 leaders will agree on new rules to rein in hedge funds and may more than double the resources of the International Monetary Fund, U.K. Chancellor of the Exchequer Alistair Darling said. |
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Written by Jeremy Gaunt, European Investment Correspondent, Reuters
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Friday, 20 March 2009 08:15 |
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LUXEMBOURG (Reuters) - A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel said on Wednesday, adding to pressure on the dollar. |
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Written by VOA News
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Monday, 09 March 2009 07:06 |
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Voice of America - The World Bank says it believes the global economy will shrink in 2009, for the first time since World War II. |
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