| Eurozone Not Likely to Survive: Economists (at TheStreet.com) Economists at Capital Economics believe the eurozone is more likely to break up than to survive in its present form. us.rd.yahoo.com |
Currencies: Euro slips ahead of bank stress-test results (at MarketWatch) The euro falls against its major counterparts in Asian trading Friday ahead of the publication of European bank stress-test results. us.rd.yahoo.com |
NZ dollar rises on day of positive news A day after falling in reaction to the collapse of South Canterbury Finance the New Zealand dollar rose in reaction to strong economic data in Australia and China.The NZ dollar was at US70.19c at 5pm from US69.72c at 8am and US70.30c... nzherald.co.nz |
New global rules force banks to increase reserves BASEL, Switzerland - Banks will have to significantly increase their capital reserves under rules endorsed on Sunday by the world's major central banks, which are trying to prevent another financial collapse without impeding the fragile... nzherald.co.nz |
UPDATE - EMERGING MARKETS-Stocks, FX up post-G20 as dollar falls * Emerging stocks see biggest one-day gain in two weeks * Russian, South African stocks and FX boosted by commods * Central bank decisions in Hungary, Israel us.rd.yahoo.com |