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Rates of exchange 26 Nov 2009

	1 USD = 0.666	EUR
	1 USD = 0.606	GBP
	1 USD = 1.061	CAD
	1 USD = 86.505	JPY

Currency converter

	NEWS TAPE

26 Nov 2009 16:53

Dollar Weakens to 14-Year Low as Stocks Drop in Europe, Asia : The dollar dropped to a 14-year low against the yen. Asian stocks declined, led by Japanese exporters, and European stocks fell. The yen strengthened 0.5 percent versus the dollar to 86.89 at 7:10 a.m. in London. The MSCI Asia Pacific Index fell 0.4 percent and Japan’s Topix Index lost 0.5 percent, dragged down by ...

25 Nov 2009 17:39

US consumer spending jumps 0.7% in October : US consumer spending jumped 0.7 percent in October, helped by a rebound in auto sales, government data showed Wednesday. The surge in household expenditures, a key driver of economic activity, rebounded from a a 0.6 percent drop in September, according to Commerce Department data. ...

25 Nov 2009 17:38

Dollar Slides on Fed Minutes, Drops to Parity With Swiss Franc : The dollar dropped to the lowest level against the euro in 15 months and slid versus the yen after the Federal Reserve refrained from voicing concern over the U.S. currency’s decline. ...

24 Nov 2009 17:06

Gold May Gain on Speculation Central Bank Buying to Continue : Gold, little changed in New York and London today, may gain on speculation central banks and investors will continue to purchase bullion. Futures reached an all-time high of $1,174 an ounce yesterday as the U.S. Dollar Index dropped the most in two weeks and Russia’s central bank said it bought more bullion last month. The ...

US economy will 'bounce back': Indian PM : Indian Prime Minister Manmohan Singh has voiced confidence that the US economy will make a strong recovery and poured cold water on talk of dropping the dollar as the key global currency. In an interview ahead of his arrival Sunday on a state visit to the United States, the 77-year-old trained economist said he had grown accustomed to predictions of US economic decline over the decades. ...
23 Nov 2009 17:33

23 Nov 2009 17:31

U.S. Existing Home Sales Rise 10%, More Than Forecast : Sales of existing U.S. homes increased more than forecast in October to the highest level since February 2007, spurred in part by a tax credit that lured first-time buyers. Purchases rose 10.1 percent to a 6.1 million annual rate from a 5.54 million pace in September, the National Association of Realtors said today in Washington. The median sales price decreased 7.1 ...

23 Nov 2009 17:28

Dollar Weakens on Speculation Fed to Maintain Stimulus Measures : The dollar fell the most in two weeks against the euro after President James Bullard of the Federal Reserve Bank of St. Louis said policy makers should keep stimulus measures in place ...

US STOCKS SNAPSHOT-Futures extend losses as dollar firms : U.S. stock index futures extended losses on Friday after the U.S. dollar strengthened and homebuilder D.H. Horton Inc <DHI.N> reported a quarterly loss. * S&P 500 futures <SPc1> fell 9.4 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow ...
20 Nov 2009 17:52

20 Nov 2009 17:49

Ex-smoker's lawyers to discuss $300M Fla. verdict : A former smoker who just won a $300 million verdict in Florida against Philip Morris USA has pulled out of a news conference about the case. Lawyers for 61-year-old Cindy Naugle will talk at the Friday news conference in Fort Lauderdale. But a spokesman for the attorneys said Naugle canceled plans to speak due to health reasons. Naugle has ...

20 Nov 2009 17:29

Air Canada starts trial use of in-flight Internet : Air Canada has begun trial offers of Internet service onboard some flights between Los Angeles and the cities of Toronto and Montreal. The service will cost $9.95 per flight for customers with a laptop computer and $7.95 for a personal electronic device. ...

Hurricane Katrina Victims Win $719,698 From U.S. in First Trial : Hurricane Katrina victims were awarded $719,698 in damages by a judge in a lawsuit claiming a canal dredged by the U.S. Army Corps of Engineers from New Orleans to the Gulf of Mexico ...
19 Nov 2009 17:40

India Suzlon unit wins US wind turbine order : India's Suzlon Energy <SUZL.BO> said on Wednesday its German unit REpower Systems <RPWGn.DE> has signed a contract to supply wind turbines with a total capacity of 18.45 megawatts to U.S. firm Heritage ...
18 Nov 2009 16:55

18 Nov 2009 16:32

Consumer Prices in U.S. Increased 0.3% in October : The cost of living in the U.S. rose more than forecast in October as Americans paid more for fuel, while so-called core prices held at a pace that supports the Federal Reserve’s forecast for tame ...

U.S. inflation edges up, housing starts fall sharply : Construction of new homes in the United States fell sharply last month, showing potential weakness in the economy's recovery, while consumer prices rose slightly more than expected. The Commerce Department said on Wednesday housing starts dropped 10.6 percent to a seasonally adjusted annual rate of 529,000 units, the lowest level since April and the percentage drop was the ...
18 Nov 2009 16:29

U.S. Demand May Take Until Next Year to ‘Regenerate,’ Fung Says : U.S. consumer demand may take until the middle of 2010 to “regenerate,” and it’s unlikely China can fill the gap as the global economy recovers, said Victor Fung, chairman of Wal-Mart Stores Inc. supplier Li & Fung Ltd. ...
16 Nov 2009 16:35

16 Nov 2009 16:32

Devon to Sell Up to $7.5 Bln in Assets, Exit Offshore : Devon Energy Corp., the biggest independent U.S. oil and gas producer, plans to sell its Gulf of Mexico and overseas assets to raise as much as $7.5 billion for debt reduction and focus exclusively ...

13 Nov 2009 17:29

Dollar Drops, Commodities Gain as European Economies Rebound : The dollar fell and commodities rose as Europe’s economy pulled out of its slump, reassuring investors that the recovery from the first global recession since World War II is gaining ...

13 Nov 2009 17:16

Trade Deficit in U.S. Increases by Most Since 1999 : The trade deficit in the U.S. widened in September by the most in a decade, reflecting rising demand for imported oil and automobiles as the economy rebounded from the worst recession since the 1930s. ...

11 Nov 2009 14:28

Dollar Recovers From 15-Month Low as Geithner Sounds Support : The dollar recovered from a 15-month low against six major U.S. counterparts after U.S. Treasury Secretary Timothy Geithner and World Bank President Robert Zoellick reiterated support for ...

10 Nov 2009 17:08

Dollar Rises as Investors Reduce Short Positions Before Holiday : The dollar rebounded from a two-week low against the euro on prospects investors moved before a U.S. public holiday to pare back bets the greenback will slide. The euro weakened against the dollar and yen before data forecast to show German investor confidence fell for a second month. The pound dropped against all 16 major counterparts after ...

U.S. Stocks Fluctuate as MBIA, Fluor Slump, Priceline Rallies : U.S. stocks fluctuated following six straight gains for the Standard & Poor’s 500 Index as earnings that disappointed investors at MBIA Inc. and Fluor Corp. offset better-than-estimated ...
10 Nov 2009 17:08

09 Nov 2009 17:03

Dollar Falls on G-20 Silence, Signs of Global Economic Recovery : The dollar weakened beyond $1.50 against the euro for the first time in two weeks after the Group of 20 nations remained silent on the U.S. currency’s 7 percent decline this year and ...

Britain and U.S. Clash at G-20 on Tax for Rescue : The United States and Britain voiced disagreement Saturday over a proposal that would impose a new tax on financial transactions to support future bank rescues, The New York Times’s Julia Werdigier ...
09 Nov 2009 16:58

A-Power’s Texas Windfarm Doesn’t Involve U.S. Funds : A-Power Energy Generation Systems Ltd.’s $1.5 billion wind farm venture in Texas doesn’t “involve” U.S. stimulus funds, said Chief Operating Officer John Lin. The project will be funded by Chinese banks through loans to be obtained by unit Shenyang Power Group, which owns 49 percent of the wind farm, Lin said by phone from Shenyang, the capital of ...
06 Nov 2009 17:20

06 Nov 2009 17:17

United States lags in health care measures: Surve : A survey of primary care physicians in 11 countries has found that the United States lags on important measures of health care access, quality and use of information technology. “A Survey of Primary Care Physicians in 11 countries, 2009” was released Thursday by the Commonwealth Fund, a private foundation based in New York that aims to promote a high-performing health ...

Treasuries Rise as Unemployment Tops 10%, Job Losses Increase : Treasuries gained after a report showed the unemployment rate exceeded 10 percent for the first time since 1983, signaling recovery from the worst slump since the Great Depression may be in ...
06 Nov 2009 17:15

05 Nov 2009 17:18

San Francisco Tax-Exempt Airport Bonds to Lead Muni Offerings : The San Francisco Airport Commission leads borrowers planning to sell fixed-rate, tax-exempt bonds today with a $512.7 million offering to finance work on the 10th-busiest airport in the ...

03 Nov 2009 17:01

Canada, U.S. urged to get on board high-speed rail projects : American rail advocates are urging the Canadian and U.S. governments to show the courage to get on board interconnected high-speed rail networks that would accelerate economic growth in key ...

02 Nov 2009 16:34

US bank failure jolts stock markets : Asian stock markets tumbled on Monday with investors rattled by the bankruptcy of US bank CIT and sharp pre-weekend falls on Wall Street, but Europe edged up on bargain-hunting, analysts said. Tokyo ended down 2.31 percent, Sydney dropped 2.21 percent and Hong Kong shed 0.61 percent. ...

02 Nov 2009 16:33

Dollar falls as US lender goes bankrupt : The dollar fell against the euro on Monday amid fresh worries about the US financial sector following the bankruptcy of US bank CIT Group over the weekend. In late morning London deals, the European single currency rose to 1.4772 dollars from 1.4715 dollars late on Friday. ...

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24 Nov 2009

Gold May Gain on Speculation Central Bank Buying to Continue

24 Nov 2009

Toyota Said to Plan Moving Some Jobs From California

26 Nov 2009

Dollar Weakens to 14-Year Low as Stocks Drop in Europe, Asia

26 Nov 2009

Toyota’s Recalls Test Promise to Make ‘Better Cars’

25 Nov 2009

US consumer spending jumps 0.7% in October

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