Financial news on July 3rd, 2009
Business and Financial news
A bleak jobs report somewhat offsets a moderating trend in manufacturing. Read more..
Beijing is steering a push toward wind and solar power, while the U.S. is just starting. Read more..
The American health care giant will pay $1 billion to the Irish drug maker Elan to gain access to Alzheimer’s disease treatments. Read more..
Wall Street ended the week with a sharp decline, spurred by the June jobless report. The Dow fell by more than 220 points. Read more..
In a rise reminiscent of an earlier expansion, before the bubble burst in 2008, the Shanghai composite index is up 68 percent so far this year. Read more..
Federal marshals took possession of the $7 million Manhattan apartment of the disgraced financier Bernard L. Madoff, an action that has forced his wife to move. Read more..
Sanofi plans to begin marketing Multaq, generically known as dronedarone, in the United States this summer. Read more..
They have been reviled as the bad hats of Wall Street, nefarious traders who cashed in on the market collapse and, some insist, helped precipitate it. Read more..
Under new rules, private equity funds buying failed banks at bargain prices will need three times as much capital as solvent banks. Read more..
The Justice Department confirmed it was conducting an antitrust investigation into a settlement of a class action between Google and groups representing authors and publishers. Read more..
Exchange Rates of July 3rd, 2009
|US Dollar||Japanese Yen||1 USD = 95.980 JPY||1 JPY = 0.010 USD|
|US Dollar||Canadian Dollar||1 USD = 1.158 CAD||1 CAD = 0.864 USD|
|US Dollar||Swiss Franc||1 USD = 1.086 CHF||1 CHF = 0.921 USD|
|US Dollar||Chinese Yuan||1 USD = 6.833 CNY||1 CNY = 0.146 USD|
|Euro||Japanese Yen||1 EUR = 134.410 JPY||1 JPY = 0.007 EUR|
|Euro||Pound Sterling||1 EUR = 0.857 GBP||1 GBP = 1.167 EUR|
|Euro||Australian Dollar||1 EUR = 1.752 AUD||1 AUD = 0.571 EUR|
|Euro||Canadian Dollar||1 EUR = 1.621 CAD||1 CAD = 0.617 EUR|
|Euro||Swiss Franc||1 EUR = 1.521 CHF||1 CHF = 0.658 EUR|
|Euro||Chinese Yuan||1 EUR = 9.569 CNY||1 CNY = 0.105 EUR|
|Japanese Yen||Pound Sterling||1 JPY = 0.637 GBP||1 GBP = 1.570 JPY|
|Japanese Yen||Australian Dollar||1 JPY = 1.306 AUD||1 AUD = 0.766 JPY|
|Japanese Yen||Canadian Dollar||1 JPY = 1.208 CAD||1 CAD = 0.828 JPY|
|Japanese Yen||Swiss Franc||1 JPY = 1.131 CHF||1 CHF = 0.884 JPY|
|Pound Sterling||Australian Dollar||1 GBP = 2.044 AUD||1 AUD = 0.489 GBP|
|Pound Sterling||Canadian Dollar||1 GBP = 1.892 CAD||1 CAD = 0.529 GBP|
|Pound Sterling||Swiss Franc||1 GBP = 1.774 CHF||1 CHF = 0.564 GBP|
|Australian Dollar||Canadian Dollar||1 AUD = 0.925 CAD||1 CAD = 1.081 AUD|
|Australian Dollar||Swiss Franc||1 AUD = 0.868 CHF||1 CHF = 1.152 AUD|
|Australian Dollar||Chinese Yuan||1 AUD = 5.461 CNY||1 CNY = 0.183 AUD|
|Canadian Dollar||Swiss Franc||1 CAD = 0.938 CHF||1 CHF = 1.066 CAD|
|Canadian Dollar||Chinese Yuan||1 CAD = 5.901 CNY||1 CNY = 0.169 CAD|