| PSA Peugeot Citroen swings to profit (at MarketWatch) Car maker PSA Peugeot Citroen said Wednesday it swung to a first-half net profit of 680 million euros from a loss of 962 million euros in the same period a year ago. Revenues increased 20.8% to 28.39 billion euros from 23.50 billion euros, as Faurecia s acquisition of Emcon and Plastal generated 1.28 billion euros of additional revenue. us.rd.yahoo.com |
Japanese yen hits 15-year high versus dollar (at MarketWatch) The Japanese yen on Wednesday hit a new 15-year high versus the U.S. dollar. The dollar traded as low as 84.71 yen, according to FactSet, after taking out its previous low for the year near 85.00 yen. us.rd.yahoo.com |
Kiwi dollar remains near five-month low against aussie The New Zealand dollar continues to struggle against its Australian counterpart following hawkish comments from the Reserve Bank of Australia (RBA).It was around a five-month low against the aussie, buying A76.82 at 8am today,... nzherald.co.nz |
Currencies: Dollar’s steady; euro off on Ireland downgrade [at MarketWatch] - As the dollar trades steady, the euro retreats from the highest in nearly eight months against the greenback as Fitch issues an Ireland ratings downgrade. us.rd.yahoo.com |
Sigh of relief on Wall St overnight Shares on Wall Street advanced overnight, helped by better-than-expected results from Citigroup and expectations the Federal Reserve would further ease monetary policy.Citigroup's third-quarter net income of US$2.17 billion brings... nzherald.co.nz |