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Portugal Sets Aside Cash Against Derivatives

Portugal has become the first euro-zone country to agree to set aside cash ? or other assets ? against derivative transactions in a decision intended to reduce its funding costs.
Portugal Sets Aside Cash Against Derivatives

Rupee erases losses tracking shares, euro

The partially convertible rupee ended at 46.7650/7750 per dollar, steady from its previous close
Rupee erases losses tracking shares, euro

91 European banks finally get stress test results after European markets close

Banks, markets await European stress test resultsLONDON ? Ninety-one banks. twenty countries. one exam. so who’s going to flunk the European stress test?Markets were on alert Friday, waiting for regulators to finally publish their investigation into the financial health of Europe’s banking sector. The goal of the tests is to allay market fears that the [...]

Rupee rises on robust shares, stronger euro

The partially convertible rupee ended at 46.8525/8625 per dollar, off an intraday peak of 46.75 and about 0.30% stronger than its previous close
Rupee rises on robust shares, stronger euro

Asian stock markets mixed after erratic Wall Street session; Japan?s Nikkei hit by strong yen

Asian shares mixed after choppy day on Wall StreetTOKYO ? Asian stock markets were mixed in early trading Tuesday, with Japanese shares tumbling on a strong yen and disappointing U.S. earnings results.The Nikkei 225 stock average fell 1.6 percent to 9,255.31 as investors returned from a three-day weekend. Exporters retreated as the dollar stayed under [...]

Buoyant data see euro back in favour

The single currency strengthens after the eurozone manufacturing and services purchasing managers’ indices post surprise rises, easing concerns over the region’s economic recovery
Buoyant data see euro back in favour

Afternoon Run ? May 10, 2010

Key News
* EU announces 750-bln euro crisis shield with IMF

John Bolz

John Bolz: Dearborn Heights / Dearborn – Many people are driven by Tony Welch, with ties to Dearborn and Dearborn Heights and Dearborn headquarters AAA AAA Team have been formed and is the top fundraising team for 15 years, the annual Bike MS (MS), Ride, which is the Lake Fenton, Michigan State University this [...]

Yen nears high as BoJ shrugs off fears

Bank of Japan plays down concerns that further gains in its currency would lead to looser monetary conditions
Yen nears high as BoJ shrugs off fears

UPDATE 1-Aramco awards deals for new Yanbu refinery

Saudi Aramco has signed contracts with international firms to build a multi-billion dollar refinery at Yanbu on Saudi Arabia’s Red Sea coast, the state-run company said on Wednesday.
UPDATE 1-Aramco awards deals for new Yanbu refinery