Finance

The Daily InquirerDollar Strength Seen in Stocks 1st Since Lehman DiedBloombergIt weakened when they took advantage of record-low interest rates by selling the currency to finance holdings of higher-yielding overseas assets. ...Dollar Expected to Extend RallyWall Street JournalDollar slips vs euro but near 3-month highsReutersDollar Trades Near Three-Month High on US Economy OptimismBloombergReutersall 270 news articles »  

Ask Japanese why their economy plunged in 2008 and most will blame the “Lehman shock.” A year from now, the “Dubai shock” may crop up in discussions about why Japan is shrinking anew. Dubai's debt crisis accelerated an export-killing yen surge and showed that the world eco....  

The dollar declined, poised to end three weeks of gains on speculation the Federal Reserve will maintain stimulus to secure the U.S. economy’s recovery. Japanese stocks dropped, while copper climbed to a 15-month high.  

China, the world’s fastest-growing major economy, revised up its estimate of 2008 gross domestic product to 31.405 trillion yuan ($4.6 trillion) after a census, the statistics bureau said today.  

The dollar was poised to end three consecutive weeks of gains against the euro on speculation the Federal Reserve will maintain stimulus measures to secure the U.S. economy’s recovery.