|
|
Heavy selling through the US session as predicted yesterday with the Dow finishing 214 points down on the day. Oil also down only assisting in the strength of the greenback. The risks retracing overnight during the Asian session for the eurodollar to the 38.2% level for the week (high of 1.42, low of 1.3930) and the cable back to the resistance level of 1.6430/35. European stocks selling off this morning at time of writing along with oil, gold up marginally though. Cable trading very much in line with yesterdays view of the break below 1.6330 and holding would indicate a move southwards to 1.63 ahead of 1.6280, hovering around the 1.6315/20 level at time of writing. Resistance at 1.6390 ahead of major resistance... [read full story]
TELUK MERANTI, Indonesia (Reuters) - Logging in Indonesia can be a murky business involving navigating government bureaucracy to get permits and land concessions in one of the world's most corrupt countries, to winning the...
MANILA (Reuters) - Philippine security forces took control of two southern towns on Thursday and arrested 20 men linked to the murder of 57 people in a brutal election-related massacre this week, authorities said.
BEIJING, Nov 25 (Reuters) - Wal-Mart Stores Inc's demand for rock-bottom prices from suppliers in China means some of these companies are forcing their employees to work in sweatshop-like conditions, a new report said on...
Jump to the full entry & travel map Beijing, Beijing, China Under the economic crisis, even the company's many fans acknowledge that Tiffany must overcome several challenges to be able to justify its stock price. No one expects...
