Financial news on April 06, 2012

Business and Financial news
97% of Investors Agree to Greek Debt Swap

Greece says 97 percent of the investors holding its private sector bonds agree to the terms of a debt swap in which they would take a 75 percent loss in return for a new package of debt securities. Read more..

By LANDON THOMAS Jr - The New York Times

After a Winter of Strong Gains, Job Growth Ebbs

The United States economy added a disappointing 120,000 jobs in March, the Labor Department reported on Friday, about half the gains posted in each of the preceding three months. Read more..

By MOTOKO RICH - The New York Times

Business Day Live | April 6, 2012

A look at today’s jobs report, with technology entrepreneur Louis Hernandez Jr. | Wilbur L. Ross Jr. on private equity and the economy | James B. Stewart on Representative Paul D. Ryan’s budget plan. Read more..

Mac William Bishop, Nadia Sussman, Rob Harris, Matthew Orr, Catriona Stuart and Channon Hodge - The New York Times

Chinese Insurer Halting Coverage for Tankers Carrying Iranian Oil

The action is the first sign that refiners in China, Iran's top customer for crude oil, may struggle to obtain the shipping and insurance to keep importing from the country. Read more..

By REUTERS - International Herald Tribune

For All the Furor Over Ryan’s Plan, It’s a Place to Start

Representative Paul D. Ryan’s much-vilified budget proposal is clearly an opening gambit, leaving plenty of room for further hearings and negotiations. Read more..

By JAMES B. STEWART - The New York Times

From Industrial Space to Illuminated Urban Loft

An Italian architect transformed a former garage in the heart of the Spanish capital into an airy, light-filled home. Read more..

By KRISTEN MCTIGHE - International Herald Tribune

Greg Mortenson, ‘Three Cups of Tea’ Author, to Repay Charity

The writer Greg Mortenson has agreed to pay $1 million to compensate his Montana-based charity for using the group to promote and buy copies of his books. Read more..

By REUTERS - The New York Times

Low Growth in Earnings Is Expected

Analysts predict that when reporting starts in earnest next week, American companies will show the slowest rate of growth in operating earnings in three years. Read more..

By CHRISTINE HAUSER - The New York Times

On Jobs, Obama and Romney Argue Over Fullness of the Glass

President Obama on Friday emphasized the last three months of job creation while Mitt Romney argued that Mr. Obama has been a failed economic steward. Read more..

By MARK LANDLER - The New York Times

The Ryan Budget

James B. Stewart on Representative Paul D. Ryan’s budget plan. Read more..

Mac William Bishop, Rob Harris, Brent McDonald, Channon Hodge and Nadia Sussman - The New York Times

Exchange Rates of April 06, 2012
CurrenciesExchange Rates
US Dollar Japanese Yen 1 USD = 81.620 JPY 1 JPY = 0.012 USD
US Dollar Canadian Dollar 1 USD = 0.997 CAD 1 CAD = 1.004 USD
US Dollar Swiss Franc 1 USD = 0.917 CHF 1 CHF = 1.091 USD
US Dollar Chinese Yuan 1 USD = 6.306 CNY 1 CNY = 0.159 USD
Euro Japanese Yen 1 EUR = 106.780 JPY 1 JPY = 0.009 EUR
Euro Pound Sterling 1 EUR = 0.825 GBP 1 GBP = 1.212 EUR
Euro Australian Dollar 1 EUR = 1.270 AUD 1 AUD = 0.788 EUR
Euro Canadian Dollar 1 EUR = 1.305 CAD 1 CAD = 0.766 EUR
Euro Swiss Franc 1 EUR = 1.201 CHF 1 CHF = 0.833 EUR
Euro Chinese Yuan 1 EUR = 8.259 CNY 1 CNY = 0.121 EUR
Japanese Yen Pound Sterling 1 JPY = 0.771 GBP 1 GBP = 1.297 JPY
Japanese Yen Australian Dollar 1 JPY = 1.188 AUD 1 AUD = 0.842 JPY
Japanese Yen Canadian Dollar 1 JPY = 1.221 CAD 1 CAD = 0.819 JPY
Japanese Yen Swiss Franc 1 JPY = 1.123 CHF 1 CHF = 0.891 JPY
Pound Sterling Australian Dollar 1 GBP = 1.540 AUD 1 AUD = 0.650 GBP
Pound Sterling Canadian Dollar 1 GBP = 1.582 CAD 1 CAD = 0.632 GBP
Pound Sterling Swiss Franc 1 GBP = 1.455 CHF 1 CHF = 0.687 GBP
Pound Sterling Chinese Yuan 1 GBP = 10.009 CNY 1 CNY = 0.100 GBP
Australian Dollar Canadian Dollar 1 AUD = 1.027 CAD 1 CAD = 0.974 AUD
Australian Dollar Swiss Franc 1 AUD = 0.942 CHF 1 CHF = 1.061 AUD
Australian Dollar Chinese Yuan 1 AUD = 6.501 CNY 1 CNY = 0.154 AUD
Canadian Dollar Swiss Franc 1 CAD = 0.918 CHF 1 CHF = 1.090 CAD
Canadian Dollar Chinese Yuan 1 CAD = 6.324 CNY 1 CNY = 0.158 CAD
Swiss Franc Chinese Yuan 1 CHF = 6.878 CNY 1 CNY = 0.145 CHF

See what else happened on April 06, 2012