FRANKFURT, Germany (AP) -- The euro edged higher against the dollar on Friday, as markets waited to hear what U.S. Federal Reserve Chairman Ben Bernanke would say at the bank's annual conference in Jackson Hole, Wyoming. The 13-nation euro rose sligh
The top business news from The Associated Press for the morning of Friday, August 31, 2007: Bush to Outline Aid to Mortgage Holders WASHINGTON (AP) -- Offering federal help for strapped mortgage holders, President Bush is proposing to aid hundreds of
SHANGHAI, China (AP) -- Chinese stocks closed at a fresh record high Friday, with airlines and steel makers soaring on expectations of strong corporate earnings. The benchmark Shanghai Composite Index gained 50.94 points, or 1 percent, to 5,218.83 --
TOKYO (AP) -- The dollar rose against the yen Friday in Asia as Japanese investment funds bought the dollar amid reports U.S. President George W. Bush intends to discuss ways to resolve the subprime mortgage crisis. The dollar rose to 116.16 yen mida
TOKYO (AP) -- Japanese stocks rose Friday as exporters rallied on the yen's weakness against the dollar and banks climbed on news that the U.S. government was working on a policy to ease subprime woes. Japan's benchmark Nikkei 225 stock index added 4
TOKYO (AP) -- The economy minister said Friday Japan's recovery was on solid track, brushing off data showing prices and production slipped despite improvement in the job market. In data released Friday, Japan's unemployment rate dropped to 3.6 perce
WELLINGTON, New Zealand (AP) -- A bid by Dubai Aerospace Enterprise for Auckland International Airport Ltd. was in danger of falling apart Friday as the Dubai company claimed the airport operator has breached its obligations under the buyout plan. Au
NEW YORK (AP) -- Leona Helmsley's decision to leave $12 million to her dog so it could live out its life in luxury proved once and for all that she was not one of the little people. But legal experts say that, size aside, Helmsley's gift to her belov
WASHINGTON (AP) -- Calpine Corp. is contemplating a rights offering that would allow its current stockholders to buy some of the new shares the company plans to issue when it exits bankruptcy. In court documents filed Thursday in Manhattan, the San J
With less than 2 weeks to go before the next European Central Bank meeting, Trichet is still keeping the markets guessing. Whose to blame him however since the ECB may not be sure about whether they want to raise interest rates either. The credit ma
The Bank of England announced that they loaned $3.2 billion to an undisclosed bank at their penalty rate of 6.75 percent. The emergency loan facility is usually tapped only when banks have funding problems, but earlier this month, Barclays PLC borro
Today?s sell-off in the Yen crosses is nothing more than a correction of yesterday?s rally. Carry trades are stuck in range as the recent recoveries have been rather baseless. Japanese economic data remains weak as retail sales continue to drop in t
·Dollar Falls Versus Yen
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
Currencies
