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  • Syngenta Half Year Results 2008: Strong performance, positive outlook 24 Jul 2008 05:29 GMT
    ... -- Sales up 20 percent at constant exchange rates to $7.3 billion -- Crop Protection sales ... linked to the expansion of the business. Currencies: The weakness of the US dollar, notably against the Euro, had a favorable impact on sales and ...

  • Tokyo stocks open higher on weaker yen, overnight Wall Street rises 24 Jul 2008 05:29 GMT
    ... or 1.48 per cent, to 1,306.75. On currency markets at 9 am (0000 GMT), the dollar ... helps boost Japanese companies' overseas earnings. The euro was quoted at 1.5780-85 dollars, down from ...

  • Tokyo stocks open higher on oil prices drop, eased credit concerns 24 Jul 2008 05:29 GMT
    ... or 1.38 per cent, to 1,321.37. On currency markets at 9 am (0000 GMT), the dollar ... 5 pm quote of 107.68-70 yen. The euro was quoted at 1.5680-85 dollars, down from ...

  • Moscow and Tokyo most expensive cities third year running 24 Jul 2008 05:29 GMT
    ... also lost ground, overtaken by European cities made relatively more expensive by a strengthening Euro and other European currencies. Oslo jumped six places to fourth in the rankings because of a stronger Norwegian Krone ...

  • Oil hits 7-week low at $124.30 a barrel 24 Jul 2008 05:28 GMT
    ... from comments from Federal Reserve officials suggesting interest rate increases are needed sooner rather than later to quell inflation. The dollar hit a one-month high against ... the yen just below 108 yen. The euro was at $1.5680, falling further from its record high... ...



  • Oil hits 7-week low to $125, boosts stock 24 Jul 2008 05:27 GMT
    ... needed sooner rather than later to quell inflation. The dollar hit a one-month high against ... the yen just below 108 yen. The euro was at USD 1.5680, falling further from ... intertwined with oil prices," said Ashley Davies, currency strategist with UBS in Singapore. "The recent weakness ...

  • Oil hits 7-week low 24 Jul 2008 05:27 GMT
    ... needed sooner rather than later to quell inflation. The dollar hit a one-month high against ... the yen just below 108 yen. The euro was at $1.5693, falling further from its ... intertwined with oil prices," said Ashley Davies, currency strategist with UBS in Singapore. "The recent weakness ...

  • Perspectives on the Global Economic Landscape and the Role of the Dollar, Address by John Lipsky, First Deputy Managing Director, IMF  24 Jul 2008 04:34 GMT
    ... effective terms. In both cases, the US currency in broad terms moved in line with ... appreciated markedly. Indeed, in our view, the euro is now overvalued relative to medium-term fundamentals, ... reserve currency, accounting for nearly two-thirds of central bank international reserve holdings in the first quarter ...

  • These 15 spots top the list of the globe\'s priciest.', 150)" onMouseout="hideddrivetip()"> World's Most Expensive Cities 24 Jul 2008 04:34 GMT
    ... the U.S. dollar against most major world currencies," says Mercer's Mitch Barnes, a principal at the ... economies, but may have to deal with inflationary pressures due to competition for expatriate-level housing," ... falling to a record low against the euro earlier this week. While that's bad news ...

  • A Mediterranean Dream Vacation 24 Jul 2008 04:33 GMT
    ... Mediterranean is also a more economical way to see Europe. With the very strong euro (the currency of all the countries we visited except Croatia), and hotel and restaurant prices sky-high, a cruise ...

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  • Post allowance rises in Portugal 24 Jul 2008 04:32 GMT
    ... Sunday, returning to an all-time high. The exchange rate caused the change, according to the memo. Rates ... went up in every country using the euro. Rates in the United Kingdom, which uses the British ...

  • Bad news coming from Japanese carmakers 24 Jul 2008 04:29 GMT
    ... U.S. and West European markets sinking while inflationary risks temper growth in India and other emerging ... this season because the dollar and the euro were at more favorable levels than most assumptions of ¥100 ...

  • July 2008 Roundtable Part I 24 Jul 2008 04:29 GMT
    ... half of it has come from the euro will disappear. In the second quarter, people will start ... has weakened the dollar and created an inflationary environment, leading to the pinch we’re all feeling ...

  • Holiday boom as people shun foreign trrips 24 Jul 2008 04:26 GMT
    ... hit by the credit crunch and rising Euro swap foreign holidays for trips to the coast. The ... to gain from going abroad. When the exchange rate starts to fluctuate you are going to feel ...

  • Germany's Merck says 2Q profit more than doubles 24 Jul 2008 04:26 GMT
    ... in revenue, despite strong headwinds from negative currency effects," said Karl-Ludwig Kley, the company's CEO. "Therefore, ... 2007, mainly stemming from the 10.3 billion euro ($16.17 billion) acquisition of Serono. Excluding charges, ...

  • Strong forint keeps on going 24 Jul 2008 04:25 GMT
    ... remarkable rise against the dollar and the euro, reaching a several-year high of 143.80 against ... several-year high of 143.80 against the American currency in the early New York session on ... falling at a slow rate recently.” The central bank added that it “will stand ready to ...

  • Cost of unrest in the Middle East 24 Jul 2008 04:25 GMT
    ... states - that works out at one euro per EU citizen. Palestine is the largest EU aid programme ... 1.6% in Israel, and 3.3% in Palestine. Inflation, using the consumer price index, shows that in ...

  • Gas inches down toward $4 threshold 24 Jul 2008 04:25 GMT
    ... added pressure from a stronger dollar. The currency rose sharply against the euro after Charles Plosser, president of the Federal ... the Fed's Open Market Committee, said the central bank will probably need to boost interest rates ...

  • Reasons To Be Bullish About City's Hotel Industry 24 Jul 2008 03:57 GMT
    ... stock markets, and the possibility of rapid inflation. Last week, tens of thousands of visitors came ... Canadian dollar, the British pound, and the euro. It is great that we can readily attract foreign tourists, ...

  • UPDATE 2-Gold hits 2-week low on oil, platinum at 6-mth trough 24 Jul 2008 03:35 GMT
    ... * Gold falls to two-week low as oil extends losses * ... reduces gold's appeal as a hedge against inflation, and rising stock markets reduce its appeal as ...

  • Nokia and Qualcomm enter into a new agreement 24 Jul 2008 03:31 GMT
    ... operations transferred to Nokia Siemens Networks; 13) occurrence of any actual or even alleged defects or other ... our collaboration partners, suppliers and customers; 22) exchange rate fluctuations, including, in particular, fluctuations between the ... fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the ...

  • Dollar falls against euro in late trading 24 Jul 2008 03:30 GMT
    ... the discussions in the Dollar falls against euro in late trading NEW YORK (AP) - ... Wednesday night in New York. The 15-nation currency traded at $1.5691, up from $1.5681 in late ...

  • Dollar rises as oil prices keep falling 24 Jul 2008 03:17 GMT
    ... The dollar rose against most major currencies on Wednesday as oil prices slid and ... Bank of England. Policymakers of the British central bank were split three ways when they left ... of the latest meeting released Wednesday. The euro bought 1.5681 dollars in late New York ...

  • New study says US dollar still overvalued against Asian currencies 24 Jul 2008 03:17 GMT
    ... says US dollar still overvalued against Asian currencies WASHINGTON (AFP) - Export-driven Asian economies are ... against several other advanced-country currencies including the euro, the British pound and the Canadian dollar. ... rate management a bigger challenge for Asian central banks, experts said. On average, according to the ...

  • FOREX-Dollar hits one-month high vs yen, kiwi dips 24 Jul 2008 03:16 GMT
    ... who said on Tuesday that the U.S. central bank may have to raise interest rates sooner ... towards dollar buying,' said Hiroshi Yoshida, a currency trader at Shinkin Central Bank. The dollar ... a trader for a European bank. The euro was little changed at $1.5681 <EUR=&gt;, having ...


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