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Finance History 2010-06-07 (07 June 2010 ) | Print |
7 Jun 2010 20:57:51 GMTEuro finance chiefs 'sign' deal for bailout fund
Euro finance ministers on Monday fixed an unprecedented 440-billion-euro fund to dig debt-laden partners out of the mire, pressured by a dizzying fall for the single currency.
7 Jun 2010 18:43:34 GMTComments from euro zone finance ministers
Following are comments from euro zone finance ministers and other officials who gathered in Luxembourg on Monday for a meeting, with the agenda focused on the euro zone debt crisis.
7 Jun 2010 16:46:02 GMTEuro finance chiefs fight dizzying currency drop
Euro finance chiefs began fixing bumper emergency funds for debt-burdened governments on Monday amid a dizzying fall in the single currency and growing anxiety over Hungary's finances.
7 Jun 2010 20:11:24 GMTNoda May Bring Spending Discipline to Japans Finance Ministry
Yoshihiko Noda, who may become Japans ninth finance minister in four years, would bring support for spending cuts to the incoming cabinet as policy makers compile a plan to rein in the worlds biggest public debt.
7 Jun 2010 20:01:32 GMTEuro-Zone Finance Ministers Strike Deal to Create a Safety Net
A 440 billion safety net will be established for debt-laden countries in the euro zone.
7 Jun 2010 20:00:32 GMTNoda May Bring Spending Discipline to Japans Finance Ministry
Noda, a 53-year-old member of the ruling Democratic Party of Japan, has been asked to become finance minister, according to a person familiar with the matter speaking on condition of anonymity.
7 Jun 2010 21:29:08 GMTFinance Ministry sets up technology advisory group
NEW DELHI:The Finance Ministry on Monday set up a seven-member committee headed byUIDAI Chairman Nandan Nilekani to advise the government on a host of IT initiatives in various areas such as income tax, the new pension system and the proposed GST (Goods and Services Tax).
7 Jun 2010 21:15:04 GMTIslamic Finance in Russia: New Scope for Thinking
Islamic finance seems to be starting to be implemented in Russia, although by very careful steps. The potential size of the market has received various estimates, from a modest 10 percent of the practicing Muslims to the whole ethnic Muslim population of more than 30 million, or even more.
7 Jun 2010 20:03:44 GMTEuro finance chiefs 'sign' deal for bailout fund
Euro finance ministers on Monday signed papers establishing a 440-billion-euro fund to dig debt-laden partners out of the mire, fresh from a dizzying fall for the single currency.
5 Jun 2010 04:01:26 GMTG20 finance chiefs mull deficits, banking rules
Finance chiefs of leading economies tackled the thorny issue of reforming supervision of banks and other financial institutions Saturday, the urgency of their task sharpened by fears Hungary's debt crisis could bring on a new round of financial turmoil.

Economic History


6 Jun 2010 14:17:40 GMTEconomic Preview: Softer retail sales could depress moods
But economy still has upward momentum, most economists say.
7 Jun 2010 16:32:48 GMTState of Florida and BP to meet about Economic Impact of Oil Spill
Gulf Oil Spill Economic Recovery Task Force to Meet in Tallahassee Wednesday June 9th.
7 Jun 2010 08:58:48 GMTEconomic growth to continue in 2010-11
BEIRUT: HSBC Bank Middle East HSBC Bank Middle East projected economic growth in Lebanon at percent in 2010 and percent in 2011, compared to percent in 2009 and percent in 2008, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group.
7 Jun 2010 15:26:51 GMTGreece's economic crisis delays MLK Memorial in DC
Greece's economic crisis is delaying the giant pieces of sculpture for the new Martin Luther King Jr. Memorial in Washington.
7 Jun 2010 10:45:22 GMTIran pins its economic hopes on oil
The sharp drop in oil prices recently poses serious problems for Iran at a time of mounting public discontent over the state of its economy and the possibility of more . sanctions over its disputed nuclear program.
7 Jun 2010 16:54:44 GMTA look at global economic developments
A look at economic developments and activity in major stock markets around the world Monday: ------ LUXEMBOURG -- The 16 nations that use the euro will lay out plans to cut public spending as they try to convince jittery markets that no more countries will need bailouts and that the debt crisis can be contained.
6 Jun 2010 05:42:52 GMTVietnams Economic Growth to Accelerate, Premier Says (Update1)
June 6 (Bloomberg) -- Vietnams economic growth may accelerate this year, enabling the Southeast Asian country to attract investment from overseas as the global economy rebounds from the worst recession in more than six decades.
5 Jun 2010 23:20:16 GMT'More economic pain' and job cuts
The Scottish economy will continue to lag the rest of the UK and shed thousands of public sector jobs, a think tank warns.
7 Jun 2010 18:17:59 GMTEuropean economic sky darkens
LUXEMBOURG: Europes economic picture darkened further yesterday as Britains prime minister declared the nations finances to be worse than feared requiring sacrifices that will affect our very way of life and the euro slid towards parity with the dollar on worries about the debt crisis.
7 Jun 2010 17:29:50 GMTEuropean economic sky darkens
LUXEMBOURG: Europe's economic picture darkened further yesterday as Britain's prime minister declared the nation's finances to be worse than feared and#8212; requiring sacrifices that will affect "our very way of life" and#8212; and the euro slid towards parity with the dollar on worries about the debt crisis. From small European Union nations like Hungary and Greece to big ones like Germany ...
 
 

FOREX

Eur/Chf1.20260.150%14:30
Eur/Jpy99.93-0.120%14:30
Eur/Usd1.258-0.048%14:30
Gbp/Usd1.56890.000%14:30
Usd/Chf0.95590.199%14:30
Usd/Jpy79.43-0.063%14:30

Stock Market Indexes

AMMEKS2225.3890.339%14:30
ASX2004055.8-0.275%06:31
BSE Sensex16222.31.719%10:10
Bovespa53863.93-1.383%14:30
CSI3002596.286-0.787%07:15
DJ-Ind12506.190.080%14:30
Futsee-1005351.461.615%14:30
Hang Seng18666.4-0.638%08:01
KOSPI1814.470.323%06:01
MICEX1281.321.971%14:30
Merval2285.98-0.114%14:29
N225Jap8563.380.079%06:02
NASDAQ 1002538.49-0.337%14:14
RTSI1283.761.540%14:30
SandP-5001319.760.068%14:30
SandP-Fut1317.880.166%14:30
Shanghai2352.049-0.482%07:15

Commodities Trade

Brent106.5090.899%14:30
Natural Gas2.708-1.058%14:30
Aluminum2011.750.137%14:30
Gasoline2.87-0.083%14:30
Gold1573.341.611%14:30
Fuel oil2.8280.582%14:30
Copper7572.71.145%14:30
Nickel169381.092%14:30
Tin196550.847%11:55
Palladium597.551.091%14:30
Platinum1431.891.258%14:30
Lead19340.939%11:51
Silver28.3813.133%14:30
Zinc1867-0.107%12:09