Archive for February 7th, 2010

Dismal NFP Props up USD
Forexrazor
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Dismal NFP Props up USDFXstreet.com The Forex Market

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New York Times (blog)
Hong Kong tycoons' wealth soars: Forbes
AsiaOne
The only woman on the list is Pong Hong Siu Chu, ranked 34th with a net worth of one billion US dollars. The 88-year-old co-founded Hong Kong's Shiu Wing
Hong Kong stocks at 5-mth low, China fallsReuters

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BigPond News
Euro Poised for Further Declines
Wall Street Journal
China "to move to a more flexible exchange rate" to help rectify growth imbalances between China and countries that have market-based currency rates.
Europe needs to show it has a crisis endgameFinancial Times
Loans alone will not save GreeceThe Guardian
Greece in distress: rescued by the EU?Cyprus Mail
Financial Times
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CTV.ca
Vancouver looks for Games bounce
AFP
But opponents counter by claiming that the original cost of 730 million US dollars to host the February 12-28 Games – an amount further swollen by the 955
Home comforts are golden for Team Canada (News Feature)Monsters and Critics.com
Whistler gets a final breather before Olympic party – FeatureEarthtimes (press release)
Olympic postcard series: Host city VancouverCCTV
GamesBids.com -Earthtimes (press release)
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Globe and Mail
Haiti: Still starving 25 days later
Tehran Times
Dr. Louise Ivers, a Partners in Health physician in Port au Prince, reports a 25 kg (55 pounds) bag of rice that sold for $30 US dollars (1207 Haitian
Haitian aid effort rushes out tents with anger buildingSydney Morning Herald

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Before It’s News
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Radio New Zealand International
Cyclone Oli estimated to have caused US$11m worth of damage
Radio New Zealand International
Mr Tong Sang says much of the infrastructure has been destroyed and road repairs on Tubuai alone are likely to cost nearly six million US dollars.

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Reuters
Europe needs to show it has a crisis endgame
Financial Times
Sterling's central parity in the exchange rate mechanism was as unsustainable then as Greek public finances or Spanish wages are today.
Time for the Euro Zone to Grow UpWall Street Journal
Loans alone will not save GreeceThe Guardian
Greece in distress: rescued by the EU?Cyprus Mail

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Stable rate to see yuan in close range against dollar
Shanghai Daily
WITH China pledging to maintain a stable and reasonable exchange rate, the yuan is likely to remain in a close
Why Is There A $71 Billion Difference Between China's FX Reserves And istockAnalyst.com (press release)

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EURO March to Reserve Currency Status
The Market Oracle
China has stopped formally disclosing its US dollars holding status but common understanding is that China holds roughly 800 billion in dollars of its total

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