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    Dollar Dilemma
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    European Central Bank President Jean-Claude Trichet led the region's finance chiefs in pushing China to let the yuan strengthen amid mounting concern the euro is shouldering too much of the burden of a sliding dollar. Some currencies 'have in the medium run to appreciate,' Trichet said... Full Article at Safehaven
    European Central Bank President Jean-Claude Trichet led the region's finance chiefs in pushing China to let the yuan strengthen amid mounting concern the euro is shouldering too much of the burden of a sliding dollar. Some currencies 'have in the medium run to appreciate,' Trichet said...
    SOURCE: Safehaven 2 months ago
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Dollar Dilemma
  1. U.S. home sellers cut their asking prices by a total of $28.4 billion... Trulia Inc. said. The average discount was 10% as of Oct. 1... Homes listed for more than $2 million were cut the most, with owners taking an average of 14% off the original price. Luxury homes accounted for 25% of all of the reduc...
    SOURCE: Safehaven 2 months ago
  2. Hedge funds gained for the seventh consecutive month in September returning an average 3% as stock markets rose, Hedge Fund Research Inc. said. Funds have climbed 17% this year after losing a record 19 percent in 2008...
    SOURCE: Safehaven 2 months ago
  3. U.S. apartment vacancies rose to 7.8% in the third quarter, the highest since 1986... Reis Inc. said. Actual rents paid by tenants, known as effective rents, declined 2.7% from a year earlier... Asking rents, or what landlords sought, fell 1.8% from a year earlier.
    SOURCE: Safehaven 2 months ago
  4. Luxury-home sales in Hong Kong almost tripled in September from a month earlier as mainland Chinese residents bought properties in the city. The registered sales of homes worth more than HK$10 million ($1.3 million) rose to 1,351 from 500... A one-bedroom apartment in the Kowloon district sold for a rec...
    SOURCE: Safehaven 2 months ago
  5. Cirque du Soleil founder Guy Laliberte said the $35 million he paid to spend nine days on the International Space Station is 'worth every penny,' even with the physical challenge of being in orbit. 'The best stunt I pulled is hitting my head about three times in the same day trying to figure out how to ...
    SOURCE: Safehaven 2 months ago
  6. China's banking regulator said it's too soon for the government to start winding down stimulus efforts even as growth in the world's third-largest economy accelerates to more than 8%. 'It's far too early to talk about an exit strategy,' Liu Mingkang, chairman of the China Banking Regulatory Commission, ...
    SOURCE: Safehaven 2 months ago
  7. Rent for office space is falling at the fastest pace in more than a decade as vacancies create a glut and landlords slash prices to attract tenants. Nationwide, effective office rents fell 8.5% in the third quarter compared with the same period a year ago... according to Reis Inc...
    SOURCE: Safehaven 2 months ago
  8. Emerging-market bonds posted the best quarterly gain in more than six years... The extra yield investors demand to own developing-nation securities rather than Treasuries shrank to 3.27 percentage points, from a seven-year high of 8.65 points on Oct. 24...
    SOURCE: Safehaven 2 months ago
  9. China's share of global demand for diamonds is set to double..., RBC Capital Markets said. China's share of demand for diamonds in jewelry, measured in polished wholesale prices, will probably climb to 16% after 2015 from 8% this year...analyst Des Kilalea said... citing De Beers... India's share will p...
    SOURCE: Safehaven 2 months ago

Recent Photos From The Wire

  1. In this Wednesday, Dec. 9, 2009 image made from television, a Western official is seen outside a local police station in Sargodha, Pakistan, where reportedly five American Muslims detained on Thursday, Dec. 10, 2009. Five Americans arrested at a house linked to a militant group in eastern Pakistan have told investigators they came to the country to take part in "jihad" or holy war, police said Thursday. Line at bottom reads: "FBI team arrives in Sargodha for investigation.
  2. Hollywood actor Johnny Depp speaks during Japan premiere of his latest film "Public Enemies" in Tokyo, Japan, Thursday, Dec. 10, 2009.
  3. Japanese players, in blue jersey, celebrate after defeating South Korea 2-1 in their soccer semi-finals at the East Asian Games Thursday, Dec. 10, 2009 in Hong Kong.
  4. British and Afghan military officers listen to a joint news conference between the Afghan Minister of Defense and the British Secretary of State for Defense at the Ministry of Defense in Kabul, Afghanistan Thursday Dec. 10, 2009.
  5. Ryusuke Sakata of Japan swims during the men's 200-meter butterfly swimming final of the East Asian Games in Hong Kong, Thursday, Dec. 10, 2009. Sakata won the gold medal.
  6. Hollywood actor Johnny Depp poses for photographers during Japan premiere of his latest film "Public Enemies" in Tokyo, Japan, Thursday, Dec. 10, 2009.
  7. Outgoing President of the Swiss National Bank (SNB) Jean-Pierre Roth (R) and his designated successor Vice-Chairman of the Governing Board of the SNB Philipp Hildebrand arrive before a news conference in Zurich December 10, 2009. The Swiss National Bank started the long route back to normalising monetary policy on Thursday, slightly softening its pledge to fight a rise of the Swiss franc even as it held interest rates steady.
  8. Afghan Defence Minister Abdul Rahim Wardak (L) speaks during a news conference as British Secretary of State for Defence Bob Ainsworth listens in Kabul December 10, 2009.
  9. Outgoing President of the Swiss National Bank (SNB) Jean-Pierre Roth talks to his designated successor Vice-Chairman of the Governing Board of the SNB Philipp Hildebrand (L) before a news conference in Zurich December 10, 2009. The Swiss National Bank started the long route back to normalising monetary policy on Thursday, slightly softening its pledge to fight a rise of the Swiss franc even as it held interest rates steady.
  10. Japan's players celebrate after their team beating South Korea in the men's soccer semifinal match at the East Asian Games in Hong Kong December 10, 2009.
  11. Outgoing President of the Swiss National Bank (SNB) Jean-Pierre Roth (R) and his designated successor Vice-Chairman of the Governing Board of the SNB Philipp Hildebrand address a news conference in Zurich December 10, 2009. The Swiss National Bank started the long route back to normalising monetary policy on Thursday, slightly softening its pledge to fight a rise of the Swiss franc even as it held interest rates steady.
  12. French Ecology Junior Minister Chantal Jouanno (R) speaks with Ecologist militant Alain Bougrain-Dubourg as they arrive at the Elysee Palace in Paris to attend a meeting between Non Governmental Organisation and French Government ahead of the Copenhague summit at the Elysee Palace in Paris, December 10, 2009.
  13. MELBOURNE, AUSTRALIA - DECEMBER 10: Eloise Wellings of New South Wales wins Women 10000m Open Run during the Zatopek Classic at Olympic Park on December 10, 2009 in Melbourne, Australia.
  14. SYDNEY, AUSTRALIA - DECEMBER 10: Annalise Braakensiek arrives for the Australian Premiere of 'The Lovely Bones' at Greater Union George Street on December 10, 2009 in Sydney, Australia.
  15. MELBOURNE, AUSTRALIA - DECEMBER 10: Tamsyn Lewis of Victoria wins Women 400m Open Hurdles during the Zatopek Classic at Olympic Park on December 10, 2009 in Melbourne, Australia.
  16. SYDNEY, AUSTRALIA - DECEMBER 10: Actress Susan Sarandon arrives for the Australian Premiere of 'The Lovely Bones' at Greater Union George Street on December 10, 2009 in Sydney, Australia.
  17. SYDNEY, AUSTRALIA - DECEMBER 10:(L-R) Actors Saoirse Ronan and Susan Sarandon embrace at the Australian Premiere of 'The Lovely Bones' at Greater Union George Street on December 10, 2009 in Sydney, Australia.
  18. HOCHFILZEN, AUSTRIA - DECEMBER 10: Kati Wilhelm of Germany looks on during a training session prior to the IBU Biathlon World Cup on December 10, 2009 in Hochfilzen, Austria.