Economic and Finance
A Chinese saying nicely sums up the likely fallout from this summer’s tussle between state firms and foreign banks over toxic derivative deals: “When […]
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Japanese Finance Minister Hirohisa Fujii said people are wrong to think that he’s in favor of a stronger yen.
The currency pared its gains […]
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The Federal Reserve opened a two-day meeting on Tuesday that was expected to end with a recognition the U.S. economy is on the mend, […]
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The Federal Reserve and other central banks may adopt different strategies for ending monetary stimulus because they have diverging views on the role of […]
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Commercial lender CIT Group Inc. confirmed late Monday that it has secured a $3 billion bailout from its bondholders, saving the company from filing […]
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General Motors of Canada and the Canadian Auto Workers union were still trying to negotiate a labour concession agreement yesterday as the union president […]
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Honda Motor Co’s earnings will hit bottom this year and improve beyond that as demand in the United States returns in the second half, […]
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The Ohio Hospital Association is opposing Gov. Ted Strickland’s proposed state budget, calling it “unworkable.”
Hospitals “cannot support a state budget that will cost hospital employees […]
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WASHINGTON — Conceding that the economy is still spiraling downward on most fronts, the Federal Reserve signaled Wednesday that it would expand its use […]
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Local politicians and United Auto Workers leaders expressed strong approval of President George W. Bush’s decision to approve bailout packages for automakers.
"I’m very […]
Filed under: technology by Fred
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