Posted by Reuters: Business News on January 31, 2012
(Reuters) – Pfizer Inc reported sharply lower quarterly earnings, hurt by generic forms of its Lipitor cholesterol drug, and the company trimmed its 2012 forecasts due to negative effects of the stronger dollar.
Posted by Reuters: Business News on January 24, 2012
(Reuters) – McDonald’s Corp’s strong December sales and fourth-quarter earnings failed to allay fears that exchange rates and increased spending will weaken profits in 2012.
Posted by Reuters: Business News on January 2, 2012
SINGAPORE (Reuters) – The roller-coaster ride for Asian currencies, which saw only the yen and yuan post significant gains for the year against the U.S. dollar, is set to continue in 2012.
Posted by Reuters: Business News on December 26, 2011
TOKYO (Reuters) – Japan and India are in the final stages of deciding on a dollar swap agreement and expect to reach agreement during Japanese Prime Minister Yoshihiko Noda’s visit to India this week, Japan’s finance minister said on Tuesday.
Posted by Reuters: Business News on
SHANGHAI (Reuters) – The yuan hit an all-time trading high against the dollar on Monday, guided by a stronger mid-point by the People’s Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said.
Posted by Reuters: Business News on December 25, 2011
TOKYO (Reuters) – The Japanese government is considering a dollar swap arrangement with India to provide emergency liquidity in case the European debt crisis reaches emerging economies, the Nikkei business newspaper said on Sunday.
Posted by Reuters: Business News on December 19, 2011
TOKYO (Reuters) – Asian stocks and U.S. index futures fell, with South Korean shares tumbling as much as 5 percent, and the dollar gained after North Korea announced the death of leader Kim Jong-il, raising fears of regional instability.
Posted by Reuters: Business News on December 16, 2011
WASHINGTON (Reuters) – A top U.S. Federal Reserve official on Thursday defended the central bank’s decision to provide dollars for overseas banks stressed by Europe’s debt crisis, saying the action was needed to protect the U.S. economy.
Posted by Reuters: Business News on December 14, 2011
LONDON (Reuters) – The euro hit an 11-month low against the dollar and stocks eased on Wednesday after the Federal Reserve warned Europe’s sovereign debt crisis could hurt the U.S. economy but failed to signal fresh action to stimulate growth.
Posted by Reuters: Business News on November 2, 2011
TOKYO (Reuters) – The Bank of Japan offered dollars to banks in market operations on Wednesday for the first time since July last year, a sign that market strains from Europe’s sovereign debt crisis may be broadening.
