At 14, Hak is youngest to make cut on Euro TourFriday, November 21, 2008 @ 7:34AMA Hong Kong teenager became the youngest player to ever make the cut at an European Tour event on Friday, breaking the record set by current world No. 2 Sergio Garcia.
Gold climbs 2 pct on weak dollar, stronger oilFriday, November 21, 2008 @ 7:33AMLONDON - Gold gained 2 percent on Friday, as the dollar weakened against the euro and oil prices climbed higher, while platinum rallied more than 6 percent in erratic trade.
Greece sets bold 2.7 pct growth goal in ‘09 budgetFriday, November 21, 2008 @ 7:32AMATHENS - Greece said on Friday it expects its economy to grow 2.7 percent next year, faster than its euro zone peers despite the world financial crisis and more pessimistic estimates from its EU partners.
European markets steady ahead of Wall Street open; global economic concerns limit gainsFriday, November 21, 2008 @ 7:30AMLONDON - European stock markets were little changed Friday as expectations of a recovery on Wall Street prompted some investors to scoop up battered financial and energy shares, although concerns about the global economy capped most gains.
Merkel: "Sehr optimistisch"Friday, November 21, 2008 @ 7:27AMMerkel: "Sehr optimistisch"
New Zealand Faces Prolonged Recession as Exports, Tourism SlowThursday, November 20, 2008 @ 10:43PMNov. 21 (Bloomberg) -- New Zealand faces the most prolonged recession in 18 years as a slowing world economy curbs exports, farm incomes and tourist arrivals, forcing companies to fire more workers, economists say.
Yen Slides, Paring Weekly Gain, as Asian Stocks ReboundThursday, November 20, 2008 @ 10:40PMNov. 21 (Bloomberg) -- The yen fell against the dollar and the euro, paring weekly gains, as Asian stocks rebounded following initial losses.
FX round-up: Sterling dives on rate cut expectationsThursday, November 20, 2008 @ 10:26PMLONDON (SHARECAST) - Sterling was on the down escalator again Thursday, sliding against both the euro and the US dollar, as investors became more convinced that the Bank of England will go for another interest rate cut next month.
Yen Heads for Third Weekly Advance on U.S. Recession ConcernThursday, November 20, 2008 @ 10:25PMNov. 21 (Bloomberg) -- The yen headed for a third weekly gain against the dollar and the euro on speculation slides in global stocks will prompt investors to sell higher-yielding assets and pay back loans in Japan.