Foreign Exchange Market

Stock market rises back into record territory

2013-05-14 14:48:00

The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses. Small business owners were slightly more optimistic in April,...

Toyota annual profit more than triples, sales rise 18.7%

2013-05-09 00:00:00

Riding a wave of increased auto sales, a weakening Japanese yen and a fresh lineup of vehicles, Toyota Motor's profits more than tripled during its most recent fiscal year. The Japanese automaker said earnings for the fiscal year ended March 31 rose...

Toyota profit booms

2013-05-08 08:51:00

Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota Motor Corp., which last year reclaimed the title of world's...

Stocks stall on tepid economic growth

2013-04-26 13:57:18

The stock market stalled Friday after the U.S. economy didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors. The economy grew at a 2.5 percent annual rate in the first three months of the year, the...

Bank of Japan unveils bold plan to lift economy, combat deflation

2013-04-04 17:45:00

Japan's central bank took a massive bet to reset its economy and pull out of nearly two decades of deflation. The Bank of Japan announced an aggressive and ambitious plan Thursday to expand its purchase of long-term bonds and double the amount of...

Could tiny Cyprus trigger collapse of the Eurozone?

2013-03-20 02:00:00

It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation. A government plan to siphon as much as 10% from individual bank deposits to co-...

G-20 moves to allay fears of 'currency war'

2013-02-16 13:46:00

WASHINGTON -- Top finance officials of the Group of 20 largest economies sought Saturday to allay fears of a currency war, pledging not to target exchange rates to gain a competitive advantage in trade. But the joint statement, issued at the end of a G-...

Toyota posts big profit helped by North American sales rebound

2013-02-05 08:14:00

Toyota Motor Corp. profits soared in the latest quarter, helped by strong sales in North America and a slide in the value of the Japanese yen. Toyota, which surpassed GM in 2012 to become the world’s largest auto company, said profit for its third...

Stock markets in Europe and Canada edge higher

2013-01-22 00:00:00

Stock and bond markets in the U.S. were closed Monday for the Martin Luther King Jr. holiday, but trading took place in the rest of the world. European stocks rose while German bonds declined as European finance ministers met for the first time this...

Why the dollar bill's days may be numbered

2012-12-06 05:00:00

Would you be less likely to spend a dollar if it were a coin instead of a bill? The Government Accountability Office is counting on it. According to a November report on the benefits of permanently replacing the $1 bill with a $1 coin, the GAO...

Our 'Million Dollar Decorators' challenge: Shop Kmart, Marshalls

2012-11-14 09:15:00

They shop, they drink, they dine, they kvetch. They turn otherwise ordinary rooms into polished interiors, and then ... they go shopping again. They are the stars of “Million Dollar Decorators,” the Bravo reality series that started its second...

Iranian currency plunges to record low against the dollar

2012-10-01 09:53:59

WASHINGTON, D.C. - The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed.

2011-11-16 00:00:00

Surplus dollar coins are stored in the warehouse vault at the Federal Reserve Bank of Richmond's Baltimore branch. The boxes in cart at center each contain $1000 in dollar coins, and the bags on the shelves contain $2000 in dollar coins. The bank is dealing with an over-supply of the unpopular

2011-08-22 00:00:00

The prices for Euro currency (EC) trades for December (Z9) and March (HO) contracts are posted above the trading floor at the CME Group on October 22, 2009 in Chicago , Illinois . The Euro peaked at a 14-month high of $1.5046 during today's trading. The board also shows prices for the British Pound

2009-10-23 05:46:12