March 30 (Bloomberg) — European Union foreign ministers pressed Iran to release 15 captive British sailors and marines, calling the arrest a “big mistake’’ that could do further damage to Iran’s international standing.
“The European Union repeats its call for the immediate and unconditional release of the British Royal Naval personnel,’’ the ministers said in a […]
March 30 (Bloomberg) — The dollar declined against the yen and euro, erasing earlier gains, as the U.S. Commerce Department decided to levy new duties on imports from China to compensate for Chinese subsidies to exporters.
“It is pure protectionism,’’ said Michael Malpede, a senior currency analyst in Chicago at Man Global Research. “The measure raises […]
Stocks traded lower with volatile swings after the U.S. government said it was imposing duties on imports of coated paper from China, reversing a longstanding policy of not applying duties to subsidized goods from non-market economies.
“It’s a new step for the Bush Administration … to some extent it marks the ascendancy of China as a […]
LONDON — The Canadian dollar hit a three-month high against the U.S. currency on Friday as rising oil prices prompted investors to buy the commodity currency. U.S. crude was up above US$66 a barrel, having jumped to a six-month closing high the previous day.
“The Canadian dollar is picking up good support as oil prices are […]
March 30 (Bloomberg) — The U.K. pound is set for a weekly drop versus the euro as signs of a slowing U.K. housing market cool speculation of higher interest rates.
Britain’s currency slid after reports showed house-price growth moderated in March and fourth-quarter economic expansion was less than estimated. The pound also dropped the most in […]
March 30 (Bloomberg) — Asian central banks may tilt toward higher interest rates and allow their currencies to appreciate later this year as inflationary pressures rise, according to Barclays Capital Inc.
Export growth in Asia is showing signs of a pick-up after sliding in the second half of 2006, and rising money supply point to stronger […]
March 30 (Bloomberg) — The dollar strengthened against the euro and the yen after a government report showed an inflation measure closely tracked by the Federal Reserve gained last month.
Signs of price pressure may reduce the likelihood of a cut in borrowing costs by the central bank in the first half, which would give a […]
The yen declined against the dollar and euro, halting two days of gains, on speculation a boost in European and Asian stocks encouraged investors to resume investments in riskier assets.The dollar pared its losses against the euro after U.S. government reports showed the economy grew in the fourth quarter at a faster pace than previously […]
March 29 (Bloomberg) — The U.S. economy grew at an annual rate of 2.5 percent in the fourth quarter, hobbled by slumps in home construction and business investment that show no sign of ending.
The final revision to gross domestic product, the sum of all goods and services produced, compares with a 2.2 percent rate reported […]
Stock futures moved higher after the government reported a stronger than expected revision fourth-quarter economic growth.
The gross domestic product, the broadest measure of the economy’s health, grew a revised 2.5% in the final three months of last year, exceeding analysts forecasts.
The market tumbled on Wednesday after Federal Reserve Chairman Ben Bernanke’s Congressional testimony did little […]
You are currently browsing the EprofitOnline News weblog archives for March, 2007.
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Feb | Apr » | |||||
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | 31 | |
