Quantcast
Home » source

Dollar holds firm against yen in Asia

AFP FILE PHOTO

The dollar consolidated its gains against the Japanese yen in Asian trade on Monday after a stronger-than-expected US jobs report offset concerns about the possible phase-out of the Fed’s monetary easing programme, analysts said.

Posted: July 8th, 2013 in Latest Business Stories | Read More »

France’s Hollande threatens nationalization in Mittal row

By
French Minister for Industrial Recovery Arnaud Montebourg leaves Pollutec, an international exhibition of environmental equipment, technologies and services, in Lyon, central France, Tuesday, Nov. 27, 2012. Many European countries with lagging economies are trying to draw in foreign investors. But in France, a Socialist minister says he wants to kick the world's biggest steel maker out of the country, accusing it of lying to the government.  AP PHOTO/LAURENT CIPRIANI

PARIS—French President Francois Hollande threatened Tuesday to nationalize a plant owned by steelmaker ArcelorMittal in an increasingly heated dispute in which ministers have said the multinational is no longer welcome in the country.   Moments before talks steel tycoon Lakshmi Mittal, Holland said that nationalizing ArcelorMittal’s plant in northeastern France remained on the table.   [...]

Posted: November 28th, 2012 in Latest Business Stories | Read More »

London mayor mocks France over Mittal comments

In this photo taken Aug, 6, 2012, a general view of the Arcelor Mittal Factory in Hayange-Florange, eastern France. London's mayor joked that revolutionaries had taken over Paris and told India's investors Tuesday, Nov. 27, 2012, to look to the British capital instead, amid a row between the French government and India-born tycoon Lakshmi Mittal.  AP PHOTO/MATHIEU CUGNOT

NEW DELHI, India—London’s mayor joked that revolutionaries had taken over Paris and told India’s investors Tuesday to look to the British capital instead, amid a row between the French government and India-born tycoon Lakshmi Mittal.   On Monday French Industrial Renewal Minister Arnaud Montebourg said he did not want steel giant ArcelorMittal, controlled by Mittal, [...]

Posted: November 28th, 2012 in Latest Business Stories | Read More »

US not ready for Basel III bank rules—Treasury

US Treasury Secretary Tim Geithner  AFP PHOTO/JEWEL SAMAD

WASHINGTON—The US Treasury announced Friday that it would not implement the Basel III rules for strengthening banks on January 1, saying the banks were not yet ready to meet the tougher capital standards.   “Many industry participants have expressed concern that they may be subject to a final regulatory capital rule on January 1, 2013, [...]

Posted: November 10th, 2012 in Latest Business Stories | Read More »

Asian markets extend losses on US fears

By
A man walks outside a securities firm in Tokyo Thursday, Nov. 8, 2012. Asian markets fell on Friday, extending their losses from the previous day as fears the United States is headed for another economic crisis sent Wall Street diving again and dealers running.  AP PHOTO/JUNJI KUROKAWA

HONG KONG—Asian markets fell on Friday, extending their losses from the previous day as fears the United States is headed for another economic crisis sent Wall Street diving again and dealers running.   The yen remained elevated after Barack Obama’s re-election as US president stoked concerns of political gridlock in Washington with a “fiscal cliff” [...]

Posted: November 9th, 2012 in Latest Business Stories | Read More »

Advertisement

News

  • What PH peacekeepers can look forward to when they come home
  • PCGG raises P158 million from sale of Bugarin properties
  • Palace: Aquino will not take the MRT challenge
  • ‘Poe-Kiko’ tandem? Grace Poe goes LOL!
  • Palace says Aquino still believes in Abaya, problems in MRT ‘systemic’
  • Sports

  • Malacañang says Aquino looking forward to Gilas Pilipinas ‘excellent games’
  • Gabe Norwood puts on show in Fiba World Cup
  • Practicing for Japan
  • Football fan fined after ‘bending it like Beckham’
  • Pacquiao-Mayweather fight likely to happen in 2015, says Arum
  • Lifestyle

  • National immunization drive vs measles-rubella, polio launched
  • Dengue fever strikes models in Japan
  • Dethroned Myanmar beauty queen blasts pageant boss
  • Japanese researchers develop 30-minute Ebola test
  • Sharks off the menu and on the tourist trail in Palau
  • Entertainment

  • Escudero says no wedding date, venue yet
  • PH film ‘Rekorder’ wins in South Korea
  • Eraserheads in mini reunion
  • Super Junior return as ‘real men’
  • Photo ‘hack’ on nude Jennifer Lawrence, Kate Upton, other stars probed
  • Business

  • Oil firms hike pump prices of fuel
  • Dollar, euro surge against yen in Asian trading
  • SM Prime raises P20B from retail bond issue
  • DoubleDragon takes over Skysuites property in QC
  • NGCP eyes cost recovery charge
  • Technology

  • ALS Ice Bucket Challenge arrives in North Korea
  • ‘Internet fasting’—returning to the real world
  • PH ranks 8th in Ice Bucket Challenge participation
  • Google tests using drones to deliver goods
  • DigiTech conference, Best of Anime to keep September busy
  • Opinion

  • Not worth the brag
  • ‘Hilaw’
  • Transition curve?
  • Should he inhibit?
  • Pitching in for inclusive growth
  • Global Nation

  • PCG men in Balintang shooting plead not guilty
  • After ‘great escape’ in Syria, PH commander escapes from Undof chief
  • Trial of PCG men for fatal shooting of Taiwan fisher starts
  • New Solcom chief calls for probe of UN commander
  • Beijing asks Manila to probe anti-China plot
  • Marketplace
    Advertisement