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The dollar has dipped as investors weighed prospects for a US ...
Mar 25th, 2009
(AFP/File) - The dollar has dipped as investors weighed prospects for a US economic recovery in light of Washington's plan this week to cleanse banks of bad assets.(AFP/File/Jung Yeon-Je) -
By Herbert Lash NEW YORK (Reuters) - The dollar soared on Friday against a basket of currencies, reaching a nearly three-year peak, and global equity indexes gained as speculation mounted over whether the Federal Reserve would soon begin to rein in its asset-buying program. Wall Street advanced, with the benchmark S&P 500 rebounding from its wo... [Full Article]
(Reuters) - JPMorgan Chase & Co has yet to convince three of its largest shareholders to support the company in an upcoming vote on whether Jamie Dimon should retain both his CEO and Chairman titles, the Wall Street Journal said. Some investors are pushing for a separation in Dimon's roles and seeking more oversight due to the "London... [Full Article]
LONDON (Reuters) - The FTSE benchmark share index rose on Tuesday, boosted by solid corporate earnings and expectations of an European Central Bank (ECB) rate cut this week, which pushed the index back towards its 2013 highs. The blue-chip FTSE 100 index was up by 0.3 percent, or 19.10 points higher, at 6,477.12 points, moving back in the direction... [Full Article]