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Vol XXXVIII (No. 3), 09 Mar 2010
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Federal Reserve Interest Rate raises value of Dollars

MIL/SEWELL CHAN and BETTINA WASSENER, Feb 19, 2010


Washington: February 19, 2010 - IR Summary/NYT – The decision of Federal Reserve to raise the interest rate charged on short-term loans to banks resounded in the financial markets Friday, sending overseas stock indexes lower and giving fresh momentum to a recent rise in the dollar.


Dollar Hits Euro Zone, Euro gets weaker

MIL/Reuters, Feb 5, 2010


LONDON, February 5, 2010 – IR Summary/Reuters - The dollar has hit the Euro Zone; Euro has fallen to its weakest versus the dollar since May 2009 and may not sustain much gains against the Swiss franc since SNB sold some domestic currency in Asian trade.


Toyota picked as Japan's best global brand

MIL/PTI, Jan 30, 2010


January 30, 2010 - Toyota Motor Corp is the best global brand among Japanese companies in a 2010 ranking, followed by Honda Motor Co and Sony Corp, Interbrand Japan Inc has said.


Higher growth & inflation numbers speak of strong recovery

MIL/ET Bureau, Jan 29, 2010


Mumbai: January 29, 2010 - The third quarter review of monetary policy 2009-10 by the Reserve Bank of India (RBI) surprises for four reasons. One, it raises the cash reserve ratio (CRR), the quantum of their deposits and borrowings that banks must keep with the RBI, by 75, rather than 50, basis points as widely expected by the market.


Bears hammer Sensex down 490 points; realty, auto hit

MIL/ET Bureau, Jan 27, 2010


Mumbai: January 27, 2010 - Equity benchmarks witnessed one of the worst falls in the last three months as bears came out strong and hammered stocks across the board. Negative global cues and sustained selling by foreign institutional investors pulled down the indices forcing unwinding of long positions. The market witnessed highest turnover of Rs 1.83 lakh crore.


Maruti plans to double output by 2015 to maintain dominance

MIL/ET/PTI, Jan 5, 2010


New Delhi: January 05, 2010 - The country's largest carmaker Maruti Suzuki on Tuesday said it plans to have an output of 15 lakh units by 2015 to maintain its 50 per cent market share in the Indian car market.


US States Govt. debt may exceed $700 billion a year in 2019

MIL/NYT/By EDMUND L. ANDREWS, Nov 23, 2009


Washington: November ar 23, 2009 – IR Summary/NYT – With the national debt now topping $12 trillion, the White House estimates that the government’s tab for servicing the debt will exceed $700 billion a year in 2019, up from $202 billion this year, even if annual budget deficits shrink drastically. Other forecasters say the figure could be much higher.


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