Stock futures slip with world stocks on China caution
Stock index futures dipped on Tuesday as investors took a more cautious view over China's vow of more yuan flexibility, while data on home sales was on tap later in the morning.
Stock futures fall as eyes on housing data
Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.4 percent, Dow Jones futures down 0.3 percent and Nasdaq 100 futures down 0.4 percent at 0930 GMT.
China insists yuan reform must be gradual
China on Tuesday stuck to its guns on the pace of exchange rate reform, reaffirming that change must remain gradual and controllable.
Dollar funding costs climb as yuan bets fade
Dollar funding costs edged higher on Tuesday as China's yuan slipped, dashing bets that Beijing may allow it to appreciate more rapidly after a pledge to make the currency more flexible.
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Asian stocks fall as yuan euphoria fades
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Oil falls as yuan impact on China imports seen limited
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Gold rises on bargain hunting
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Bargain hunting, China move keep gold higher
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
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'Gold bull run to continue, target $1300-1500'
Gold prices have once again climbed to record levels of $1264 last week before correcting on profit taking thereby cementing the appeal of the yellow metal as a safe haven for investors. China announced its move toward a more flexible currency exchange rate mechanism which has improved the investor sentiments in general but the softening of the dollar has helped the recent surge in gold prices to record levels.
Spyglass seen as likely candidate to run MGM: report
U.S. film studio Spyglass Entertainment has emerged as the leading contender to run debt-ridden Metro-Goldwyn-Mayer Inc, the Wall Street Journal reported, citing people familiar with the matter.
Google, Twitter go to bat for Theflyonthewall
Google Inc and Twitter Inc have asked an appeals court to overturn a lower court's decision to bar Theflyonthewall.com from issuing immediate news on analyst research from several Wall Street banks, court documents showed.
China makes good on flexibility vow as yuan falls
China pulled back the veil on its new currency regime a little further on Tuesday, appearing to engineer a fall in the yuan to make clear its vow of flexibility did not include one-way bets for appreciation.
Walmart offers plan for dozens of Chicago stores
Wal-Mart Stores Inc offered a plan on Monday aimed at winning over union leaders and Chicago lawmakers in its attempt to open dozens of stores in the city over the next five years.
U.S. meets with industry reps over broadband authority
Communications regulators are holding a series of closed-door meetings with phone, cable and Internet lobbyists in an effort to hammer out a deal over how broadband should be regulated, a senior official said on Monday.
China loosens reins further on yuan ahead of G20
China's yuan jumped on Tuesday to its highest level since the currency was revalued in 2005 as the central bank signaled it would tolerate yet further gains to make good on its vow for more foreign exchange flexibility.
China carrying market hopes at yuan fixing
Asian markets waited with bated breath Tuesday to see how far Beijing would go in allowing its currency to strengthen, a litmus test of just how flexible the Chinese authorities are prepared to be to meet U.S. demands.
New Jersey Democrats fail to extend millionaires tax
New Jersey Democratic legislators on Monday failed to gather enough votes to extend a tax on millionaires that would have been used to provide property tax relief for senior citizens and the disabled.
Petrobras boosts investments in deep-water push
Brazil's state oil company Petrobras announced on Monday a 29 percent investment hike over five years as it stepped up its campaign to tap some of the world's largest deposits of deep sea oil.
Amazon, Barnes & Noble slash e-reader prices
Amazon.com Inc and Barnes & Noble Inc reduced prices of their electronic readers on Monday, responding to the threat from Apple Inc's iPad tablet computer.
Australian Dollar Outlook 22/6/2010
The AUD has opened lower this morning currently trading around USD0.8765 as profit taking entered the market following the announcement from the Chinese central bank regarding the Chinese Yuan.
CORRECTED: Petrobras boosts investment plan
(In paragraph 8, Petrobras corrects projected subsalt production to 241,000 barrels per day instead of 152,000; in paragraph 9, Petrobras corrects planned investment to $33 billion, up 18 percent from previous figure instead of $30.9 billion, up 10 percent; in paragraph 10, corrects subsalt production projection to 1.08 million bpd instead of 1.18 million; in paragraph 15, corrects percent of inve...
Factbox: Winners and losers from a firmer yuan
China's signal it will let its yuan currency appreciate is good news for global manufacturers and resource companies that supply the world's third-biggest economy with the equipment and commodities it needs to fuel growth.
Business Wire bans email submissions after hoax
Press release service Business Wire said on Monday it will no longer accept releases by email after it inadvertently distributed a hoax statement involving a small pharmaceutical company, days after its main rival was burned in a similar fashion.
Connecticut, others pursue Google over data grab
Connecticut's attorney general will lead a multi-state probe of whether Google Inc broke the law when it siphoned personal data off wireless networks around the world, which the Internet search leader has said was inadvertent.
Wastewater upgrade filters gender-bending chemicals
Upgrades to a wastewater treatment plant in Colorado helped filter out gender-bending chemicals that were affecting fish, U.S. researchers reported on Monday.
US ethanol blend rise may revive auto industry
U.S. automakers oppose raising the blend of ethanol in gasoline from the current 10 percent, saying cars won't run as well on higher blends, but Brazil's experience shows their arguments are weak.
China loosens currency grip as G20 summit looms
China's surprise move to relax currency controls ahead of this weekend's G20 summit buoyed global markets and sent the yuan to a five-year peak on Monday, but caution returned as analysts questioned how far Beijing's new currency flexibility would go.
Drugmaker Biovail to buy Valeant in $3.3 billion deal
Biovail Corp is to take over U.S-based Valeant Pharmaceuticals International in a complex deal that positions the enlarged firm to better serve the growing baby boomer market.
Key lawmaker seeks to beef up mortgage risk retention
Some low-risk home loans that meet certain underwriting guidelines will no longer be eligible for an exemption from a broader rule requiring so-called skin-in-the-game if House Financial Services Committee Chairman Barney Frank gets his way as lawmakers put the final touches on new rules for Wall Street.
Internet, technology change high-end art dealing
When Philip Mould began as a professional art dealer 22 years ago, the buying and selling of high-end artwork was confined to a small group of well-versed art historians who scoured the globe in search of masterpieces.
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