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European stocks fall on results fears

Published July 10, 2009, 4:20 am, Zawya

LONDON, Jul 10, 2009 (AFP) - Europe's main stock markets slipped on Friday after Tokyo closed lower and Wall Street managed only slight gains amid mounting concerns about the latest earnings season, dealers said.

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Canwest Global Communications Corp. Reports Third Quarter 2009 Results

Published July 10, 2009, 4:13 am, Business Wire via Yahoo! Finance

WINNIPEG----Canwest Global Communications Corp. today reported for the three months ended May 31, 2009 revenues of $727 million compared to $846 million for the same period last year.

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Gold inches down as dollar weighs

Published July 10, 2009, 4:09 am, The Globe and Mail

LONDON — Gold slipped in Europe on Friday as the firmer U.S. dollar and weaker oil pressured prices, but losses were limited as physical buying curbed the metal's slide.

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Asian Shares End Lower; Earnings Season Jitters

Published July 10, 2009, 3:42 am, INO News

SINGAPORE (Dow Jones)--Asian shares erased early gains and finished Friday's session mostly in the red, with Japanese shipping stocks foundering on concerns about lower freight rates, but several companies made strong trading debuts in China.

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India's quest for autonomy

Published July 10, 2009, 3:29 am, Asia Times

Challenge and Strategy. Rethinking India's Foreign Policy In a dog-eat-dog world, autonomy to follow one's own preferences is a scarce commodity that has to be earned by sovereign states.

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Forex: Dollar higher across the board

Published July 10, 2009, 3:18 am, The Forex Market

Fxstreet.com (Buenos Aires) – Dollar is higher across the board with stocks falling in Europe, and futures sinking in Wall Street.

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Yen rise against the euro

Published July 10, 2009, 3:18 am, BusinessDay

The yen rose against the euro, headed for its biggest weekly gain in eight, as speculation the global recovery may be delayed boosted demand for Japan’s currency as a refuge.

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UPDATE:G8:Merkel:China Forex Idea Not Yet Practically Relevant

Published July 10, 2009, 3:18 am, The Forex Market

L'AQUILA, Italy -(Dow Jones)- German Chancellor Angela Merkel said Friday that China's proposal on setting up a global reserve currency has not been an official topic at the summit here and any artificial global currency is not a relevant concept any time soon.

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Poland could enter ERM II in H2, Fin Min says

Published July 10, 2009, 3:00 am, Warsaw Business Journal

The Polish currency might be stable enough to enter ERM II – the exchange rate “waiting room” for entry to the euro zone – in the second half of the year, Finance Minister Jacek Rostowski has said.

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Penford Reports Third Quarter 2009 Financial Results

Published July 10, 2009, 3:00 am, Business Wire via Yahoo! Finance

CENTENNIAL, Colo.----Penford Corporation , a global leader in renewable, natural-based ingredient systems for industrial and food applications, today reported that consolidated sales for the quarter ended May 31, 2009, were $78.7 million compared with $102.8 million a year ago.

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