FOReign EXchange

Market Wire - After recording foreign exchange adjustments of $394,086 and a stock-based compensation expense of $140,986, the Company incurred a small loss for the year to date of $68,344 compared to a profit of $242,404 for 2006. The loss for the quarter was

Brutal Currency Moves Not Welcome: Trichet
CNBC - European Central Bank President Jean-Claude Trichet on Friday repeated that he did not welcome "brutal" currency movements and markets should recognize the improved strength of the Japanese economy. Japanese authorities say foreign exchange rates

Yuan rises to post-reval high as Europe talks loom
Guardian Unlimited - SHANGHAI, Nov 23 (Reuters) - China's yuan rose sharply against the dollar to a post-revaluation high on Friday ahead of the arrival of senior European officials in Beijing next week to discuss economic and foreign exchange issues. The yuan was traded

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CNBC - Macy's, Toys "R" Us and others with locations in big cities also enjoyed increased business from foreign shoppers reveling in exchange rates that made discounts even deeper. Melissa O'Brien, spokeswoman at Wal-Mart Stores Inc., which offered such

Thomas Cook gold quote: C$813 at close Friday
Canada East - TORONTO - Gold was quoted at C$813 bid (US$822) and C$814 asked (US$823) at the close of trading Friday by Thomas Cook, a major gold and foreign exchange dealer. At the close, silver was quoted at C$14.42 bid (US$14.58) and C$14.56 (US$14.71). Log in

Indian shares lower in choppy trade on Wall St drop, poor foreign fund
Forbes - As per provisional data available on the National Stock Exchange, foreign funds were net sellers of equities worth 20 bln rupees yesterday, dragging the benchmmark Sensex lower by 3.5 pct. Wall Street fell overnight on fears about consumer