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Financial shares push US stocks higher

Published July 9, 2009, 10:01 pm, New Kerala

New York, July 10 : US stocks edged up Thursday, led by financial shares, which were buoyed by a positive report on banking giant Goldman Sachs.

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Trade Deficit in the U.S. Probably Widened on Higher Oil Prices

Published July 9, 2009, 10:00 pm, Bloomberg

July 10 (Bloomberg) -- The U.S. trade deficit probably widened in May for a third month as higher oil prices boosted the bill for imports, while exports declined amid a global recession, economists said before reports today.

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SA factory output in May still gloomy

Published July 9, 2009, 10:00 pm, Independent Online

Manufacturing output fell for an eighth consecutive month in May, Statistics SA said yesterday.

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Lair named 'All Star Among Us' by MLB

Published July 9, 2009, 10:00 pm, The Joplin Globe

PITTSBURG, Kan. — Lifelong Pittsburg resident John Lair has volunteered 850 hours in the past year with Special Olympics — that’s the equivalent of 106 eight-hour workdays. Doing so earned him the title of one of 30 “All Stars Among Us,” awarded by Major League Baseball and People Magazine last week in a national effort to recognize community volunteerism.

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HILLSBOROUGH: Committee reworks donation bin ordinance

Published July 9, 2009, 10:00 pm, Hillsborough Beacon

In continuing a public hearing that started at the June 9 meeting, the Township Committee approved amendments to its previously introduced ordinance to regulate clothing donation bins, and will hold its final public hearing on the matter at the July 14 meeting.

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Dollar, yen steady as market hesitates on direction

Published July 9, 2009, 10:00 pm, Khaleej Times

TOKYO - The yen remained on the back foot on Friday after retreating from sharp gains earlier in the week, and the dollar held steady after a steep pullback following fewer than expected US initial jobless claims.

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Japan deflation deepens; US jobs, German news cheer

Published July 9, 2009, 9:59 pm, Khaleej Times

TOKYO - Japanese price data on Friday showed the world’s No. 2 economy was still struggling to find its feet and contrasted with encouraging US jobs figures and news from Germany that briefly lifted global stocks and commodities.

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New listings zoom on debut as China resumes IPOs

Published July 9, 2009, 9:59 pm, The Malaysian Insider

SHANGHAI, July 10 — Shares in China's first initial public offerings in 10 months more than doubled in their debut today, boding well for coming IPOs even as a flood of new offerings poses risks for existing investors. Shenzhen-listed A shares in Guilin Sanjin Pharmaceutical Co, a traditional Chinese medicine maker, kicked off trading at 32.50 yuan from their IPO price of 19.80 yuan and jumped ...

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Euro Weakens on Concern Europe’s Financial Crisis May Deepen

Published July 9, 2009, 9:59 pm, Bloomberg

July 10 (Bloomberg) -- The euro declined, heading for its worst week against the yen in two months, on speculation the financial and economic crisis in Europe will be prolonged, damping demand for the currency.

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Pound Extends Uptrend Against Euro And Franc

Published July 9, 2009, 9:58 pm, INO News

(RTTNews) - Extending yesterday's uptrend, the pound rose to new multi-day highs against the euro and the franc during early Asian deals on Friday as the Bank of England decided yesterday to continue its asset purchase plan.

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