| Eurozone rescue fund aims for top rating (at Financial Times) The eurozone s new sovereign rescue fund on Monday begins its quest for a vital triple A credit rating as officials from the European Financial Stability Facility kick off a series of meetings with rating agencies. us.rd.yahoo.com |
NZ shares down as fear roils global markets The New Zealand sharemarket dived this morning, as fear roiled global markets, with stocks sinking and the US dollar making its biggest one-day gain in nearly two years against most currencies.The benchmark NZX-50 index is now... nzherald.co.nz |
Yen rise to push more Japan output overseas: survey (Reuters) Two-thirds of Japanese companies expect the yen s strength to squeeze profits and 40 percent will shift production overseas if the currency remains near a 15-year high on the dollar, a government survey showed on Friday. finance.yahoo.com |
Dollar eases after rising toward US75c The New Zealand dollar spent most of today regrouping at slightly lower levels after rising to within a whisker of US75c as a surprise easing by the Bank of Japan rekindled risk appetite and prompted buying of currencies and assets... nzherald.co.nz |
Mexico peso gains 1.08 pct as dollar falls broadly Mexico's peso strengthened 1.08 percent against the U.S. dollar on Wednesday after falling sharply on Tuesday. Sustained expectations of further U.S. monetary easing put an end to a round of risk aversion for emerging market assets. us.rd.yahoo.com |