Dollar flat at noon on US worries
THE dollar was flat at noon, falling in line with other commodity currencies as investors worry about a US economic slow down. news.com.au |
3rd recapitalization grant for Anglo-Irish (AP)
The European Commission allowed Ireland on Tuesday to temporarily grant euro10 billion to Anglo Irish Bank -- the third such emergency recapitalization -- saying the funding was needed to preserve the country s financial stability. finance.yahoo.com |
World food prices highest in 2 years
International food prices have risen to their highest level in two years, fuelled in part by a drought in Russia that lifted the cost of wheat, a UN agency said Wednesday. cbc.ca |
Shares end higher on US data
SHARES in the financial and materials sectors led the Australian share market higher today after a positive lead from US markets. news.com.au |
EU to save taxpayers from 'bad banks'
EUROPEAN Commission calls for a system to allow banks to fail without harming financial sector and forcing taxpayers to save them. news.com.au |