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Fitch Ratings-London-10 July 2009: Fitch Ratings has today affirmed Cumbernauld Funding No.3 Plc's (Cumbernauld) GBP400m class A notes at 'AAA', with Negative Outlook.
Rome, Reuters- China may have told world leaders it wants a better, more stable global reserve currency system, but analysts say Beijing is in no rush to dethrone the dollar because it has vast dollar-denominated assets.
July 10 (Bloomberg) -- Romania’s inflation rate slipped in June, raising analysts’ expectations for further interest rate cuts, as slower lending and wage growth sapped consumption.
currencies across the board, staging a 21% recovery in the year to date. But experts fear the rally is overdone, and that when markets realise this, the unit will lose some of its current gloss.
Ingelheim/Germany, 09 July 2009 - The pharmaceutical company Boehringer Ingelheim has successfully placed a promissory note (Schuldschein) with a volume of EUR 900 million and maturities of 5, 7 and 10 years.
ANKARA, July 10 (Reuters) - Turkey's central bank injected 5 billion lira ($3.22 billion) into the market in a one-week repo auction on Friday at an average simple interest rate of 8.92 percent. Central bank data showed bids amounted to 6.65 billion lira. The repo will mature on July 17. The bank also injected 2 billion lira in three-month repo auction at an average rate of 9.13 percent.
July 10 (Bloomberg) -- The Australian and New Zealand dollars fell, heading for a fourth week of losses against the yen, as a two-week slide in Asian equities spurred speculation investors will sell higher-yielding assets.
July 10 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner is urging Congress to rein in the $592 trillion derivatives market with new laws that are “difficult to evade.”
July 10 (Bloomberg) -- The U.S. economy will expand faster than previously forecast in the second half of this year and in 2010 as a revival in consumer spending signals an end to the recession, a Bloomberg News survey showed.
July 10 (Bloomberg) -- India’s industrial production increased at the fastest pace in eight months as record-low interest rates and government stimulus measures helped revive demand and investment.
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