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Last updated: 20:48:01 Sunday Dec 6, 2009


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  • No winners if yuan rises, says China think-tank
    BEIJING (Reuters) - Lifting the value of China's yuan currency would hurt, not help, global economic recovery and threaten the country's own financial and trade health, a Chinese state think-tank said in an essay published on Monday.   People:Barack Obama   Activities:Chinese Currency Dispute   Source:(Reuters)   2009-12-06

    Eurozone ministers, IMF see euro as overvalued: Juncker
    BRUSSELS (AFP) - Eurozone finance ministers and the International Monetary Fund see the euro currency as too highly priced, Eurogroup chief Jean-Claude Juncker said Tuesday.   Nations:Luxembourg   People:Wen Jiabao Nicolas Sarkozy   Source:(AFP)   2009-12-01

    Gold hits record near $1,200/oz as dollar slips
    LONDON (Reuters) - Gold hit record highs at $1,198.70 an ounce in Europe on Tuesday as the dollar weakened against a basket of currencies in the wake of policy comments from the Bank of Japan, adding to strong investment demand for the metal.   Source:(Reuters)   2009-12-01

    Dubai debt fears remain focus in world markets
    LONDON - European stock markets regained their poise Friday on hopes Wall Street would not be hit as hard as Asia by the news Dubai is having trouble handling its debt.   Nations:United Arab Emirates Brazil Russia South Korea Australia   Activities:European Markets   Source:(AP)   2009-11-27

    Bank of Canada says China FX policy "great risk"
    OTTAWA (Reuters) - China's foreign exchange policy poses a great risk and it is a top priority of global policy makers to work toward a change, Bank of Canada Governor Mark Carney said on Wednesday.   Nations:Canada China   Source:(Reuters)   2009-10-28

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