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UBS Predicts ‘Limited’ Yuan Drop; Morgan Stanley Sees 10% Loss
Published December 2, 2008, 11:28 pm, Bloomberg
Dec. 3 (Bloomberg) -- China has “very limited scope” to allow sustained declines in the yuan next year because of the risk of a backlash from trading partners, UBS AG said. Morgan Stanley predicted a drop of as much as 10 percent.
China Has ‘Limited Scope’ to Let Yuan Keep Falling, UBS Says
Published December 2, 2008, 10:01 pm, Bloomberg
Dec. 3 (Bloomberg) -- China has “very limited scope” to allow sustained depreciation of the yuan against the dollar next year because of the risk of a backlash from trading partners, UBS AG economist Wang Tao said.
Aviva Investors launches amid market volatility
Published December 2, 2008, 3:10 pm, INO News
(AP:DES MOINES, Iowa) Things can change on a dime. When Britain's largest insurer decided to combine its asset management businesses more than a year ago the global markets hadn't yet begun their tailspin.
Europe looks to bolster banks
Published December 2, 2008, 1:59 pm, Scotland Today
NEW YORK (Reuters) - U.S. automakers sharpened their pleas for a government lifeline on Tuesday and car companies around the world cut costs and production as the global economic crisis continued to ravage the industry.
Chrysler LLC Meets with Stakeholders in Support of Federal Bridge Loan for Automakers
Published December 2, 2008, 1:43 pm, PR Newswire via Yahoo! Finance
Chrysler LLC Chairman and CEO Bob Nardelli will wrap up a series of "Virtual Road Show" events with an actual road trip to Washington, D.C. Chrysler today confirmed that the Company's top executive would drive a fuel-efficient hybrid vehicle to this week's Senate and House hearings.
DAS Sobel Remarks on the Global Financial Crisis and the IMF’s Response
Published December 2, 2008, 1:17 pm, United States Department of the Treasury
Thank you for this opportunity to speak about the global financial crisis and the IMF's response.
East Beats West: Dynamic Enterprise Zones Emerge in Middle East and Africa
Published December 2, 2008, 6:51 am, PR Newswire via Yahoo! Finance
Opportunities to Drive Business Fertility in Middle East and Africa
(AFX UK Focus) 2008-12-02 13:54 UPDATE 3-Turkish bonds supported by rate cut hopes
Published December 2, 2008, 6:19 am, Interactive Investor
ISTANBUL, Dec 2 (Reuters) - Turkey's benchmark bond yield fell to its lowest in two months on Tuesday, supported by hopes that Turkish inflation data on Wednesday would give the central bank more scope to cut interest rates. The lira and shares were also firm, tracking moves in global markets that were boosted by expectations of moves by governments and central banks to counter a wide-based ...
UPDATE 3-Turkish bonds supported by rate cut hopes
Published December 2, 2008, 6:01 am, The Forex Market
ISTANBUL, Dec 2 (Reuters) - Turkey's benchmark bond yield fell to its lowest in two months on Tuesday, supported by hopes that Turkish inflation data on Wednesday would give the central bank more scope to cut interest rates.
Turkish bonds supported by rate cut hopes
Published December 2, 2008, 5:39 am, Reuters via Yahoo! Malaysia News
(Recasts, adds share, lira moves)
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