JPM CEO says Wall St. losses not due to accounting
Stock Buzz ), on Tuesday took aim at top Wall Street executives who claim the recent credit crisis and widespread bank loses were mainly due to accounting changes requiring extensive markdowns.
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FOREX-Dollar holds gains after relief from Bernanke, oil
TOKYO, July 9 (Reuters) - The dollar held steady on Wednesday after rebounding the previous day on a slide in oil prices and after Federal Reserve Chairman Ben Bernanke assured investors the centra...
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Japan gasoline price hits record above 180 yen/litre
TOKYO, July 9 (Reuters) - Japan's retail regular gasoline prices jumped to a record high above 180 yen per litre due to soaring crude oil prices, a research body said on Wednesday.
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China Hangzhou city plans $730 mln industrial fund
HANGZHOU, China, July 9 (Reuters) - China's Hangzhou city plans to set up a 5 billion yuan ($730 million) fund to invest in industrial projects and a 560 million yuan venture capital fund to suppor...
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IndyMac depositers seek cash, comfort at branches
Ducharme and other IndyMac customers said they feared it could follow in the footsteps of failed rivals New Century Financial Corp and American Home Mortgage Investment Corp. In Pasadena and at ano...
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Gold extends losses on dollar, near 2-week low
SINGAPORE, July 9 (Reuters) - Gold fell further on Wednesday after a drop in oil prices and a rebound in the U.S. dollar triggered selling from speculators.
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Japan Hot Stocks-Yamaha Motor, Casio, Promise, Aeon, Inpex
Motorcycle maker Yamaha Motor Co rose 2.3 percent to 1,932 yen, benefiting from the dollar's gains against the yen, despite a price target reduction by JPMorgan to 1,800 yen from 2,000 yen.
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