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Market fears of a possible intervention by the Bank of Japan to support the dollar helped the U.S. currency recover its poise Friday after it hit a 14-year low against the yen.
U.S. stocks dropped Friday as a wave of fear swept through world markets over concerns that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery.
European stock markets rebounded Friday after Wall Street didn't fall as much as feared on the news that Dubai is having trouble handling its debt.
Swine flu virus mutations are spreading in Europe, French health officials said Friday as the World Health Organisation reported a leap in deaths from the disease by more than 1,000 in a week.
The New York Yankees dominated the free agent scene last offseason, but how active will they be now that they have a championship team in place? Which other clubs are in position to make big moves this offseason? Who isn't? What players will be most and least enticing to teams? We tackle these questions and more as we preview the free agent class.
Market fears of possible dollar buying from the Bank of Japan helped the U.S. currency recover its poise Friday after it fell to a 14-year low against the yen.
Stocks skidded Friday as fear swept world markets that financial trouble in the Middle Eastern city-state of Dubai will upend a global economic recovery.
(AP:TOKYO) Japan's government says deflation accelerated in October, with the core consumer prices down 2.2 percent from a year earlier. The key consumer price index, which excludes volatile fresh food prices, has now fallen for the eight straight month.
Nov. 27 (Bloomberg) -- The yen’s climb to a 14-year high against the dollar may cause the government of Japanese Prime Minister Yukio Hatoyama to change its stance on intervention, said Barclays Bank Plc.
Rory McIlroy and Graeme McDowell shot a better-ball 58 on Thursday to give Ireland a three-stroke lead over Argentina after the first round of the World Cup of Golf on Thursday.
Graeme McDowell and Rory McIlroy held onto Ireland's three-stroke lead in the World Cup of Golf, shooting a four-under par 68 in the second round foursomes Friday.
The dollar’s weakness is causing jitters in Japan and other exporting countries that rely on American consumers to keep them afloat.
European stock markets regained their poise Friday after Wall Street didn't fall as much as feared on the news earlier this week that Dubai is having trouble handling its debt.
Treasurys jumped Friday as investors flocked to the perceived safety of U.S. debt amid concerns about Dubai World's credit problems.
The yen surges to 14-year highs against the U.S. dollar.
Leaders of the two-billion-strong Commonwealth and the UN on Friday opened a summit pushing the rest of the world to strike a deal to save the planet from catastrophic climate change.
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