Feds Bullard says most potent weapon was QE3 »

Feds Bullard says most potent weapon was QE3

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

Papandreou says to save Greece, stay in euro »

Papandreou says to save Greece, stay in euro

By Harry Papachristou
THESSALONIKI, Greece | Sun Sep 11, 2011 1:07am EDT

THESSALONIKI, Greece (Reuters) – Greek Prime Minister George Papandreou said on Saturday he would do whatever it takes to rescue his country from bankruptcy and stay in the euro zone, as doubts in Europe grew over [...]

UBS boss says some banks may need state help: report »

UBS boss says some banks may need state help: report

ZURICH | Sun Sep 11, 2011 11:25am EDT

ZURICH (Reuters) – Some banks may have to get help from the state as plunging share prices could make it difficult to raise capital, UBS (UBSN.VX) chief executive Oswald Gruebel told Swiss newspaper Sonntag in an interview published [...]

France says believes the yuan is undervalued »

France says believes the yuan is undervalued

CANBERRA | Sat Sep 10, 2011 10:31pm EDT

CANBERRA (Reuters) – French Foreign Minister Alain Juppe said on Sunday he believed the Chinese currency was undervalued and would raise the issue when he visits Beijing shortly.

“We believe that the yuan is undervalued at present. We will certainly [...]

Greece says will stay the course, despite GDP slump »

Greece says will stay the course, despite GDP slump

By Harry Papachristou
THESSALONIKI, Greece | Sat Sep 10, 2011 10:28am EDT

THESSALONIKI, Greece (Reuters) – Debt-laden Greece’s government vowed on Saturday to stay the course of austerity, sending a message to its increasingly frustrated lenders it will do everything it takes to avoid a bankruptcy that would [...]

Irish fin. minister says Eurozone bailout fund is too small. »

Irish fin. minister says Eurozone bailout fund is too small.

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

BYD warns of slower H2, says dealer pullouts overstated »

BYD warns of slower H2, says dealer pullouts overstated

By Alison Leung and Fang Yan
HONG KONG/BEIJING | Mon Aug 23, 2010 4:45am EDT

HONG KONG/BEIJING (Reuters) – China’s BYD Co Ltd (1211.HK), backed by U.S. billionaire Warren Buffett, warned on Monday of a slowdown in car sales during the second half of the year and said [...]

GM posts $4.3 billion loss, says 2010 profit possible »

GM posts $4.3 billion loss, says 2010 profit possible

DETROIT (Reuters) – General Motors Co posted a net loss for 2009, but said it was possible to make a profit this year and that it was laying the foundation to return to public ownership.

GM reported a $4.3 billion 2009 net loss covering the period from its emergence from bankruptcy in July through the end [...]

SEC says Daimler made $56 million in bribe payments (Reuters) »

SEC says Daimler made $56 million in bribe payments 
    (Reuters)

DAIGn.DE
) allegedly earned $1.9 billion in revenue and at least $91.4 million in illegal profits from transactions tainted by bribes, according to the U.S. Securities and Exchange Commission.
There were more than 200 transactions in which it made at least $56 million in improper payments to foreign officials, the SEC said in its own [...]

Greenspan says Fed did not fuel the housing bubble »

Greenspan says Fed did not fuel the housing bubble

(Reuters) – Former Federal Reserve Chairman Alan Greenspan, whose legacy has been tarnished by the global financial crisis, on Thursday laid out a scholarly defense of why Fed policy did not fuel the housing bubble.
Greenspan did offer somewhat of a mea culpa, though, noting that the regulatory system failed by not demanding financial firms [...]