Archive of 2 June 2011

Dollar under pressure amid debt concerns

NEW YORK: Concerns about a possible US credit ratings downgrade coupled with poor economic data sent the dollar lower against the euro, yen and British...

Canada to increase oil production 68pc by 2025

OTTAWA: Oil production in Canada, the largest supplier to the United States, is forecast to jump 68 percent to 4.7 million barrels per day by...

Hackers claim new Sony cyberattack

WASHINGTON: Hackers claimed Thursday to have compromised more than one million passwords, email addresses and other information from SonyPictures.com in the latest cyberattack on the...

Stocks hurt by economy worries; euro rises

NEW YORK: Worries about the pace of the US economic recovery weighed on equities on Thursday, a day ahead of the US government's closely watched...

US Cash Grain-Corn, soy bids ease in west on light sales

CHICAGO: Corn and soybean spot basis bids eased at ethanol plants and processors in the western US Midwest on Thursday, pressured by a spike in...

UK credit card ABS prices

NEW YORK: Sole arranger Lloyds Bank Corporate Markets and joint lead managers Bank of America Merrill Lynch and Barclays priced the US$750m tranche of the...

MGM China shares to debut in Hong Kong

HONG KONG: Macau's MGM China Holdings will make its Hong Kong trading debut Friday, after raising $1.5 billion in a share sale that underlined casino...

Close
Close