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- The first quarter US corporate earnings reporting season has kicked off with Wall Street bracing for another dismal performance that could keep markets on tenterhooks. US aluminum giant Alcoa became the first blue chip company to report its January ...
- By Hideyuki Sano and Brian Rohan TOKYO/BERLIN, April 8 (Reuters) - Japan prepared to unveil details of a $150 billion plan to boost its economy on Wednesday, but weak corporate earnings and trade flows raised fresh doubts about governments' ability ...
- NEW YORK — American taxpayers and stock owners have taken it on the chin in this financial crisis. The same can't be said of bondholders who lent money to the most troubled banks. The Obama administration is now ordering General Motors Corp.'s ...
- TOKYO, April 8 (Reuters) - Japan will likely compile an extra budget for the year to March 2010 with spending of $150 billion to stimulate an economy in recession, a news agency reported, as the financial crisis takes its toll on exports. Japan's ...
- BATON ROUGE - After questioning state Transportation Secretary William Ankner, Lafayette and Shreveport area lawmakers say they are satisfied that every dollar available for constructing the northern and southern sections of Interstate 49. While ...
- Poway Ramona Rancho Bernardo Riverside County San Marcos Solana Beach Temecula Valley Center Vista Wildomar Judging from some of the letters I've read in the North County Times, it's clear that many readers are troubled by the actions of the new ...
- LONDON (Reuters) - World leaders clinched a $1.1 trillion (748 billion pound) deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again. U.S. President ...
- G20 leaders meeting in London have agreed to a $1 trillion deal to combat the global economic crisis, with the bulk of the amount going to the International Monetary Fund to help countries in financial trouble. Host Gordon Brown called it "the day ...
- LONDON (Reuters) - Leaders of the G20 nations agreed on Thursday to pump an additional trillion dollars into the troubled global economy through extra funding for groups like the International Monetary Fund (IMF). Outlining the conclusions of the G20 ...
- April 2 (Bloomberg) -- The euro may gain as ailing east European and other emerging-market currencies are buoyed by the Group of 20’s pledge to give $850 billion to the International Monetary Fund and World Bank, according to Calyon. Leaders of the ...
- The $1.1 trillion pledged Thursday by world leaders to combat the worst economic crisis since World War II effectively amounts to a rescue package for both poor and rich countries, potentially including the United States. The bulk of that money will ...
- April 1 (Bloomberg) -- Mexico asked for a $47 billion credit line from the International Monetary Fund and said it will tap a $30 billion swap line with the Federal Reserve to shore up investor confidence and bolster the currency. The peso rose the ...
- If the G-20 leaders meeting in London this week have one goal, it is to find a way to reflate the global economy with the least political cost. As bad luck would have it, the International Monetary Fund is standing by to help. A hint of what's in ...
- LONDON: World Bank chief Robert Zoellick announced plans on Tuesday for a new $50 billion (38-billion-euro) trade liquidity fund, urging G20 leaders to back it when they meet in London this week. Speaking two days before a summit of the Group of 20 ...
- Three U.S. firms are preparing to submit final bids for a pair of NASA International Space Station cargo services contract worth up to $3.1 billion through 2015. Space Exploration Technologies (SpaceX) of Hawthorne, Calif., and Orbital Sciences Corp ...
- Oct. 22 (Bloomberg) -- Argentine stocks had their biggest two-day drop since 1990 and dollar bond yields topped 30 percent as a planned takeover of pension funds heightened concern the government is headed for its second default this decade. The ...
- Emerging-market stocks, already devastated this year, are taking another hit as Argentina stumbles toward its second debt default in this decade. Argentina’s Merval stock index has crashed 17.4% today, bringing its loss for the week so far to ...
- In the face of consistent prodding from Charlie Rose on Tuesday night, Treasury Secretary Hank Paulson did his best to avoid, as he put it, "making any news." He refused to be pinned down on whether he, like Ben Bernanke, supported a second economic ...
- SEOUL,Oct 22 (Reuters) - The South Korean won fell against the dollar on Wednesday as deepening fears of a global recession ah sinabi nyoutweighed relief from billions of dollars in financial support pledged by the country this week. The won also ...
- South Korea announced measures Sunday to shore up its banks by guaranteeing their external debt and pumping more money into the financial system amid the global credit crisis. A South Korean man works in front of a giant electronic screen displaying ...
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