REFILE-GLOBAL MARKETS-Stocks up for 3rd day, yen dips

Asian stocks rose for a third day on Thursday, boosted by the prospect of more growth-supportive policies globally following interest rate cuts by ... . This has boosted currencies such as the Australian dollar and the South Korean won. Credit availability ... Reserve cut its benchmark rate to 1 percent on Wednesday to the lowest since June 2004, to [more...]

Date: 2008-10-30 05:47:27

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Australian Banks Criticized For Not Passing On Rate Cuts To Businesses

Australian lenders have been criticized for adding to the problems already faced by small business from the financial crisis by failing to pass on ... currency, robust Australian banking system and deep trading links with large economies that continue [more...]

Date: 2009-01-07 07:36:00

Yen Rises as Stock Drop Boosts Currency’s Appeal as Safe Haven

By Stanley White and Ron Harui Dec. 24 (Bloomberg) -- The yen rose against the euro and the dollar, snapping two days of losses, ... U.S. personal spending and durable goods orders dropped. The South Korean won rose on speculation ... purchases or sales of currencies to influence the exchange rate. Against the Australian dollar [more...]

Date: 2008-12-24 04:14:00

Flee the US dollar and US Treasuries

Teo items today on the subject. The final bubble is getting ready to burst. Expect inflation and rising rates driven in the US, UK and australian cases by a falling currency ... historic lows last year. It will reignite fears about the currency's prospects, as well as sparking fears [more...]

Date: 2009-01-06 03:51:53

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