49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) — The yen rose the most against the euro since January and gained against all of its major counterparts as evidence of global weakness discouraged investors from buying higher-yielding assets.
The euro fell this week versus the d...
DATE: May 18, 2009
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NEW YORK (Reuters) - US stocks are likely to hit more speed bumps this week as investors become more wary of Wall Street's ability to rally further and housing starts, jobless claims and other indicators are in the spotlight.
With first-quarter earni...
DATE: May 18, 2009
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NEW YORK (Bloomberg) — American International Group Inc., the insurer bailed out by the US, was downgraded by Fitch Ratings on the prospect the company will lose customers to competitors because of its faltering reputation.
The financial-strength rat...
DATE: May 18, 2009
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Ever since the financial crisis engulfed us last year, there has been lots of discussion about the failure of free markets and the need for tighter regulation of the financial sector. It is evident from the printed word and the ongoing chatter that t...
DATE: May 18, 2009
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Around four dollars in every ten of deposits in Bermuda's banks are held by non-residents — and any sudden withdrawal of a large proportion of that money would put pressure on the Island's balance of payments and its fixed exchange rate with the US d...
DATE: May 18, 2009
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Demand for disaster derivatives is surging as insurers seek alternatives to scarce reinsurance and expensive catastrophe bonds, with the forthcoming North Atlantic hurricane season likely to give a further boost.
Prices are at reco...
DATE: May 18, 2009
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TORONTO (Bloomberg) — Canada's currency fell the most in five days since January, after six straight weeks of gains, as concern that the global recession won't ease soon dulled investors' appetite for riskier assets such as stocks and commodity-linke...
DATE: May 18, 2009
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london (Bloomberg) — Commercial rents in the UK probably will fall until 2012 as landlords lose tenants in the deepening recession, the global head of research at Deutsche Bank AG's real-estate asset management unit said.
"It's all pretty grim on the...
DATE: May 18, 2009
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LONDON (Reuters) - Victor Blank is to step down as chairman of Lloyds Banking Group in the next year, following intense criticism of his part-nationalised British bank's purchase of troubled rival HBOS. This year's takeover of HBOS has saddled Lloyds...
DATE: May 18, 2009
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A 30 percent surge in the value of Butterfield Bank shares helped The Royal Gazette / Bermuda Stock Exchange (BSX) Index rise for a fourth successive week.
The bank rose $1.20 over the five days of trading to reach $5.20, on the trading of more than ...
DATE: May 18, 2009
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