| Uncertainty on Wall St as US stocks fall Stocks in the US fell overnight, erasing an early rally, on evidence of a slowdown in growth in the US services sector.In late trading, the Dow Jones industrial average fell 0.10 per cent, the Standard & Poor's 500 Index lost... nzherald.co.nz |
Forex & Commodities: Yen Gains on Global Growth Worries (at CNBC) The safe-haven yen gained broadly on Monday as investors sold riskier assets amid concerns that the global economic recovery is faltering. us.rd.yahoo.com |
Swiss franc jumps to newhigh against euro [at Financial Times] - The Swiss franc rose to a high against the euro on Tuesday and a seven-month peak against the dollar as nervousness over the health of the global economy boosted haven demand for the Swiss currency. us.rd.yahoo.com |
Currencies: Dollar falls amid currency policy disagreement The U.S. dollar declines against most major rivals after top finance officials fail to produce an agreement over the weekend to ease growing currency friction.. us.rd.yahoo.com |
Wipro profit tempered by staff costs, forex loss Wipro Ltd., India's third-largest software outsourcer, reported a 10 percent rise in quarterly profit Friday, short of expectations as salary hikes and foreign exchange losses hit margins, sending the stock down nearly 4 percent. finance.yahoo.com |