Business News:

Euro hurt by European woes; China data boosts oil 10 Mar 2010, 3:00 am

HONG KONG (Reuters) - The euro and sterling were under pressure on Wednesday after renewed concerns about Europe's fiscal problems but oil, copper and the Australian dollar were supported by China's s. […]

Source: Reuters: Business News Reuters: Business News |

Oil slips for 2nd day before U.S. inventories 10 Mar 2010, 2:59 am

SINGAPORE (Reuters) - Oil fell toward $81 a barrel on Wednesday in volatile trade as expectations for a gain in U.S. crude stockpiles offset surging Chinese imports.

Source: Reuters: Business News Reuters: Business News |

China's Geely secures financing to buy Volvo: report 10 Mar 2010, 2:40 am

STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported o. […]

Source: Reuters: Business News Reuters: Business News |

Strong China trade data make case for firmer yuan 10 Mar 2010, 2:27 am

BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan. […]

Source: Reuters: Business News Reuters: Business News |

Swiss Re sees $4-$7 billion insurance losses from quake 10 Mar 2010, 1:37 am

ZURICH (Reuters) - Swiss Re said on Wednesday the insurance sector stood to lose $4-$7 billion from the earthquake in Chile, a sum unlikely to bring the long hoped-for increase in reinsurance prices.

Source: Reuters: Business News Reuters: Business News |

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Financial News:

BofA scraps overdraft fees for card users 10 Mar 2010, 12:15 am

Bank of America said it would eliminate overdraft fees for debit card customers in a move designed to quell consumer frustration and keep the bank a step ahead of new regulations that restrict such ch. […]

Source: FT.com - Financials FT.com - Financials |

Mortgage lending lifts Canada bank earnings 9 Mar 2010, 9:09 pm

The country's five big banks have again shown their mettle after reporting combined quarterly net income of C$5bn, up more than two-thirds from 2009

Source: FT.com - Financials FT.com - Financials |

Apollo to buy Citi real estate unit 9 Mar 2010, 8:24 pm

Apollo Management has signed a preliminary agreement to buy Citigroup's property investment unit in a deal that would give Leon Black's private equity firm a far bigger presence globally, people famil. […]

Source: FT.com - Financials FT.com - Financials |

Gartmore cautious in spite of inflow of funds 9 Mar 2010, 7:45 pm

The asset management group offers a cautious outlook for the rest of 2010 despite a £273m net inflow of funds in the first two months of the year as volatility returned to the market

Source: FT.com - Financials FT.com - Financials |

Senators eye pre-funded resolution authority 9 Mar 2010, 7:37 pm

Senators in the banking committee have agreed in principle to a partially pre-funded 'resolution authority' to wind down a failing bank holding company, favouring a structure that would levy a $50bn c. […]

Source: FT.com - Financials FT.com - Financials |

Who Trades on the Forex Market

Friday, December 12th, 2008

The market of forex is all about the trade between the nations, the currencies of these countries and the synchronization of the investment in defined currencies. The market of FX trades between the counties, usually accomplished a broker or a finance company. Many people are implied in the trade forex, which is similar to the [...]

2 Steps to Guaranteed Forex Trading Profit and Trading Like a Pro

Thursday, November 27th, 2008

Everyday, virtually hundreds and thousands of would be forex traders throw their hats into the ring without knowing the first thing about the market or the business and expect major forex trading profit in their first day or two. You’d be amazed to know the number of traders who jump blindly in thinking they’ll get [...]

Stock Market Investing - The Truth About Your “Advisor”

Tuesday, November 4th, 2008

I’m retired and was handed a large buyout from my company 3 years ago. My investment “Advisor” put me into a variety of large and mid-cap funds and a global one. I capitalized “Advisor” because he deserved a capital “A”for all the capital he cost me. Anyway, within a month, I was receiving sales statements [...]

Profit With Currency Trading in a Declining Economy Or Recession

Monday, June 2nd, 2008

When you are discussing your financial life, it is a good idea to follow the motto of many governmental agencies such as the CIA: “Plan for the best, prepare for the worst.”
In our present economy today there are many volatile factors that may prove tumultuous for the average person’s finances, and it is certainly a [...]