Mon, May 4th, 2009
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May 4 (Bloomberg) -- The Australian dollar rose to thehighest since October and New Zealand’s currency also gained asan expansion in Chinese manufacturing added to optimism theglobal slump is easing, spurring demand for high-yielding assets.
Related stories from top sites:
China's Consumer Prices Fall for Third Month on Food
Apr 27th, 2009 - Bloomberg
May 11 (Bloomberg) -- China’s consumer prices fell for athird month on food and commodity costs, aiding governmentefforts to boost spending in the world’s third-biggest economy.
Santos Seeks to Raise A$3 Billion for LNG Project
Apr 27th, 2009 - Bloomberg
May 11 (Bloomberg) -- Santos Ltd. is seeking to raise A$3billion ($2.3 billion) from a share sale to fund its portionof Exxon Mobil Corp.’s liquefied natural gas venture in PapuaNew Guinea...
New Las Vegas resorts cloud bets for recovery
Apr 27th, 2009 - Reuters
LOS ANGELES (Reuters) - The slump in Las Vegas may be bottoming out, but odds are good that a coming wave of new resorts will hinder any rebound in hotel rates or casino revenue.
Slump helps first-time home buyers
Apr 27th, 2009 - MSNBC
Kostas Kalaitzidis wanted to buy a home when he moved to Phoenix in 2008, but between his modest salary and the expensive market, he couldn’t swing it. What a difference a year makes. Kalaitzidis recently made an offer on a home priced at $82,000...
Japan's economy to shrink 3.3%
Apr 27th, 2009 - guardian.co.uk
The Japanese economy is expected to shrink by 3.3% this year, the government said today, confirming fears that the world's second biggest economy is heading for its worst postwar slump.
Related videos from YouTube:
- First prediction of a recession...www.interest.co.nz Intro Hello. I'm Bernard Hickey with the weekend edition of the daily briefing from interest.co.nz... Today, we'll look at the first prediction of a recession in New Zealand ...
- March 20: US Treasury's...you an idea of how low this is, just compare the 3 month Treasury bill rate with the 90 day bank bill rate in New Zealand, which is currently at 8.86%. The gap between New Zealand and US short term interest rates is now over 8% ...
- New Zealand dollar under pressureNew Zealand dollar under pressure US dollar strong, hit 5mth highs against Euro because 2% seen as bottom www.interest.co.nz Expectations grow of rate cut here Tightening of yield advantage SUV sales in states have slumped GM sales down 16% ...
- 90 at 9: Dow up on retail...better because of cost cutting rather than sharp sales growth, meaning the US consumer remains stuck in their hole The market feels like the calm before a storm in September and October when we could see the market slump again ...
Related stories from Digg:
New Zealand's Dollar Trades Near Year Low on Credit Concerns
New Zealand's dollar traded near its lowest for the year on concern that global credit-market losses will widen after the International Monetary Fund said there was no end in sight for the U.S. housing slump. (Business & Finance)
MollyDoisneauMon, Jul 28th, 20082 Diggs, 0 CommentsThe New Zealand Dollar rebounds despite soft GDP data
The New Zealand dollar rebounded today from an overnight slump despite soft GDP data. In a counter-intuitive move the kiwi climbed against all currencies despite news the economy shrank by 0.3 per cent in the March quarter.(World News)MollyDoisneauSat, Jun 28th, 20082 Diggs, 0 CommentsANZ's Eslake Says Australian Dollar-Yen May Fall on Subprime
Sept. 6 (Bloomberg) -- The Australian dollar may slump 13 percent against the yen in two years as U.S. subprime mortgage defaults encourage investors to cut holdings of the currency bought with borrowed money in Japan, said Saul Eslake, at Australia & New Zealand Banking Group Ltd.(Business & Finance)NesmithDJThu, Sep 6th, 20073 Diggs, 0 Comments
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