Archive for the Category ‘Investing’

Dollar's foreign value can affect nearly all of us

Dollar's foreign value can affect nearly all of us

Consider the dollar's changing value when investing in global companies

The Big Mac Index and Currency ETFs

The Big Mac Index and Currency ETFs

The “Big Mac Index” suggests a new long-term trend for the Chinese yuan while the US dollar tries to bottom.

UAE supports dollar peg; Oman says no alternative to US debt

UAE supports dollar peg; Oman says no alternative to US debt

The UAE will keep its currency peg to the US dollar even after Standard & Poor’s downgraded the world’s biggest economy, and Oman sees no risk in investing in US treasuries, officials said yesterday.

No risk to dollar peg, would buy US debt if yields rise: UAE

No risk to dollar peg, would buy US debt if yields rise: UAE

ABU DHABI : The United Arab Emirates will keep its US dollar peg in the aftermath of S&P’s downgrade of the world’s biggest economy, a central bank official told Reuters on Sunday, and saw no credit risk in investing in US treasuries at present.

Barclays Said to Cut Bonuses at Investment Banking Unit by 15%

Barclays Said to Cut Bonuses at Investment Banking Unit by 15%

Barclays Plc, Britain’s third- largest bank, reduced bonuses for employees of its investment- banking unit, Barclays Capital, by about 15 percent on average, according to three people with knowledge of the matter.

U.S. Mortgage Finance Overhaul May Create New Winners, Losers

U.S. Mortgage Finance Overhaul May Create New Winners, Losers

The Obama administration’s proposal for reducing the government’s role in housing finance may pit Wall Street against real estate groups as it restructures the $11 trillion mortgage market.

Saudi Arabian Shares Climb to 2-Week High After Mubarak Resigns

Saudi Arabian Shares Climb to 2-Week High After Mubarak Resigns

Saudi Arabia’s benchmark stock index rose to the highest in two weeks, led by Saudi Arabian Fertilizer Co., as Egypt’s President Hosni Mubarak stepped down and OPEC raised its oil demand forecast.

U.S. Stocks Rise for a Second Week on M&A, Retail Sales, Egypt

U.S. Stocks Rise for a Second Week on M&A, Retail Sales, Egypt

U.S. stocks rose for a second week, sending benchmark indexes to 32-month highs, as takeovers, a rebound in retail sales and Egyptian President Hosni Mubarak’s resignation bolstered investors’ optimism.

Treasury Yields Reach Highs on Economic Growth, U.S. Auctions

Treasury Yields Reach Highs on Economic Growth, U.S. Auctions

Treasuries fell, with 10-year notes touching the highest yield since April, as the U.S.

The iPhone as a Cash Register

The iPhone as a Cash Register

Card readers that plug into smartphones, made by Square and others, are bringing new sales to small merchants