Archive for ‘December, 2009’

US dollar ends year higher on bullish labor data (Philippine Daily Inquirer)

US dollar ends year higher on bullish labor data (Philippine Daily Inquirer)

The US dollar ended 2009 higher against the euro and the yen on Thursday after fresh US labor data indicated a possible easing of unemployment, boosting expectations for economic growth and a possible earlier interest rate hike.

Neel Kashkari’s Quiet Path to Pimco

Neel Kashkari’s Quiet Path to Pimco

In joining Pimco, Neel Kashkari, the former Treasury bailout chief, settled on a financial company that didn’t need a government rescue but may be strengthening its federal ties.

AT&T Is the Latest to Drop Woods

AT&T Is the Latest to Drop Woods

AT&T, whose logo had been emblazoned on Tiger Woods’s golf bag, said Thursday that it is ending its sponsorship agreement with him.

Doubts on Regulation and Renewal Hang Over Wall St.

Doubts on Regulation and Renewal Hang Over Wall St.

With the possibility of hefty profits and bonuses at banks, rarely has the divide been so deep between Wall Street and Main Street.

US dollar loses luster over decade (Perth Now)

US dollar loses luster over decade (Perth Now)

THE US dollar lost much of its luster over the past decade as its status as a global reserve currency was challenged and its value against key currencies fell.

Copper hits 16-month high to end stellar year (Manila Bulletin via Yahoo! Philippines News)

Copper hits 16-month high to end stellar year (Manila Bulletin via Yahoo! Philippines News)

SINGAPORE, January 2 (Reuters) – Copper prices rallied 1 percent to 16-month highs on Thursday, powering towards a strong close in the last few hours of the decade. The bullish mood that has lifted copper prices by more than 140 percent this year is expected to set the tone for early 2010.

China Manufacturing Growth Increases to 20-Month High (Update2)

China Manufacturing Growth Increases to 20-Month High (Update2)

China’s manufacturing expanded at the fastest pace in 20 months in December, cementing the recovery in the world’s third-biggest economy.

Shock Critically Injures Man Stealing Copper Wire (The Lakeland Ledger)

Shock Critically Injures Man Stealing Copper Wire (The Lakeland Ledger)

An 18-year-old Mulberry man was in critical condition Thursday in Tampa General Hospital after being shocked while trying to steal about $3 worth of copper wire from an electrical transformer, the Polk County Sheriff’s Office said.

US dollar ends year higher on bullish labor data (Channel NewsAsia)

US dollar ends year higher on bullish labor data (Channel NewsAsia)

WASHINGTON: The US dollar ended 2009 higher against the euro and the yen on Thursday after fresh US labour data indicated a possible easing of unemployment, boosting expectations for economic growth and a possible earlier interest rate hike.

Asia Free-Trade Zone Raises Hopes, and Some Fears About China

Asia Free-Trade Zone Raises Hopes, and Some Fears About China

The new zone, consisting of China and 10 Southeast Asian nations, will remove tariffs on 90 percent of traded goods.

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