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 DollarJapanese Yen1 USD = 81.620 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 0.997 CAD1 CAD = 1.004 USD
US DollarSwiss Franc1 USD = 0.917 CHF1 CHF = 1.091 USD
US DollarChinese Yuan1 USD = 6.306 CNY1 CNY = 0.159 USD
EuroJapanese Yen1 EUR = 106.780 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.825 GBP1 GBP = 1.212 EUR
EuroAustralian Dollar1 EUR = 1.270 AUD1 AUD = 0.788 EUR
EuroCanadian Dollar1 EUR = 1.305 CAD1 CAD = 0.766 EUR
EuroSwiss Franc1 EUR = 1.201 CHF1 CHF = 0.833 EUR
EuroChinese Yuan1 EUR = 8.259 CNY1 CNY = 0.121 EUR
Japanese YenPound Sterling1 JPY = 0.771 GBP1 GBP = 1.297 JPY
Japanese YenAustralian Dollar1 JPY = 1.188 AUD1 AUD = 0.842 JPY
Japanese YenCanadian Dollar1 JPY = 1.221 CAD1 CAD = 0.819 JPY
Japanese YenSwiss Franc1 JPY = 1.123 CHF1 CHF = 0.891 JPY
Pound SterlingAustralian Dollar1 GBP = 1.540 AUD1 AUD = 0.650 GBP
Pound SterlingCanadian Dollar1 GBP = 1.582 CAD1 CAD = 0.632 GBP
Pound SterlingSwiss Franc1 GBP = 1.455 CHF1 CHF = 0.687 GBP
Pound SterlingChinese Yuan1 GBP = 10.009 CNY1 CNY = 0.100 GBP
Australian DollarCanadian Dollar1 AUD = 1.027 CAD1 CAD = 0.974 AUD
Australian DollarSwiss Franc1 AUD = 0.942 CHF1 CHF = 1.061 AUD
Australian DollarChinese Yuan1 AUD = 6.501 CNY1 CNY = 0.154 AUD
Canadian DollarSwiss Franc1 CAD = 0.918 CHF1 CHF = 1.090 CAD
Canadian DollarChinese Yuan1 CAD = 6.324 CNY1 CNY = 0.158 CAD
Swiss FrancChinese Yuan1 CHF = 6.878 CNY1 CNY = 0.145 CHF

See what else happened on April 06, 2012