Financial news on April 10th, 2012

Business and Financial news
Getting a Better Read on Asian Inflation

Asia's inflation looks tame now, but that is partly because of the way it is measured. Read more..

REUTERS - International Herald Tribune

In the Diamond Business, but Not Wearing Them

Frequent Flier column features Eurostar Diamond Traders consultant Daniel Rose discussing his flying experiences. Read more..

By DANIEL ROSE - The New York Times

Obama Candidate Sketches Vision for World Bank

Dr Jim Yong Kim sketches his vision for the World Bank, including more receptivity to the views of the poorer countries that the institution finances; also responds to criticism related to his lack of experience in economics and foreign policy and his past critiques of the bank. Read more..

By ANNIE LOWREY - The New York Times

Practicing Prudence in Picking Travel Cards

Joe Sharkey On the Road column advises business travelers to remain prudent when deciding between new crop of credit cards that seem to offer lavish travel perks; notes that because frequent applications can hurt credit scores, it is usually best to maintain only a few such cards. Read more..

By JOE SHARKEY - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE19.1219.1318.7018.7454.5M
Cisco SystemsCSCO19.9420.1019.5219.5544.9M
Oracle Corp.ORCL28.8828.9628.0828.3541.2M
JPMorgan ChaseJPM43.8844.0142.6642.9638.8M
AT&T Inc.T30.5230.6229.9530.1334.8M
Wells Fargo & Co.WFC33.3833.6732.8532.9234.7M
HP Inc.HPQ23.1723.6123.1023.2725.8M
Abbott LaboratoriesABT61.0061.0159.9360.1416.6M
Verizon CommunicationsVZ37.4137.5136.8036.8015.2M
Home DepotHD50.3250.8649.3649.3613.2M
Johnson & JohnsonJNJ64.8164.8664.1664.2012.8M
General MotorsGM24.1124.1423.2923.7111.9M
Bristol-Myers SquibbBMY33.0033.0932.4732.4711.3M
Walt Disney & Co.DIS41.8742.1340.8840.9910.7M
Wal-Mart StoresWMT60.0360.3959.5559.939.55M
Procter & GamblePG66.7466.9066.3066.359.44M
Gilead SciencesGILD46.4146.6245.6745.777.27M
UnitedHealth GroupUNH57.9658.3357.2257.565.84M
Berkshire HathawayBRK.B79.6079.8078.6878.705.06M
United TechnologiesUTX79.8180.0778.3578.485.03M
Union PacificUNP105.75106.56104.08104.984.44M
International Business MachinesIBM204.94205.74202.17202.334.13M
Exchange Rates of April 10th, 2012
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 80.730 JPY1 JPY = 0.012 USD
US DollarCanadian Dollar1 USD = 1.004 CAD1 CAD = 0.996 USD
US DollarSwiss Franc1 USD = 0.918 CHF1 CHF = 1.089 USD
US DollarChinese Yuan1 USD = 6.312 CNY1 CNY = 0.158 USD
EuroJapanese Yen1 EUR = 105.590 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.825 GBP1 GBP = 1.213 EUR
EuroAustralian Dollar1 EUR = 1.275 AUD1 AUD = 0.784 EUR
EuroCanadian Dollar1 EUR = 1.314 CAD1 CAD = 0.761 EUR
EuroSwiss Franc1 EUR = 1.201 CHF1 CHF = 0.832 EUR
EuroChinese Yuan1 EUR = 8.262 CNY1 CNY = 0.121 EUR
Japanese YenPound Sterling1 JPY = 0.780 GBP1 GBP = 1.281 JPY
Japanese YenAustralian Dollar1 JPY = 1.207 AUD1 AUD = 0.829 JPY
Japanese YenCanadian Dollar1 JPY = 1.243 CAD1 CAD = 0.804 JPY
Japanese YenSwiss Franc1 JPY = 1.137 CHF1 CHF = 0.879 JPY
Pound SterlingAustralian Dollar1 GBP = 1.546 AUD1 AUD = 0.647 GBP
Pound SterlingCanadian Dollar1 GBP = 1.593 CAD1 CAD = 0.628 GBP
Pound SterlingSwiss Franc1 GBP = 1.456 CHF1 CHF = 0.687 GBP
Pound SterlingChinese Yuan1 GBP = 10.020 CNY1 CNY = 0.100 GBP
Australian DollarCanadian Dollar1 AUD = 1.029 CAD1 CAD = 0.971 AUD
Australian DollarSwiss Franc1 AUD = 0.942 CHF1 CHF = 1.062 AUD
Australian DollarChinese Yuan1 AUD = 6.472 CNY1 CNY = 0.155 AUD
Canadian DollarSwiss Franc1 CAD = 0.914 CHF1 CHF = 1.094 CAD
Canadian DollarChinese Yuan1 CAD = 6.284 CNY1 CNY = 0.159 CAD
Swiss FrancChinese Yuan1 CHF = 6.876 CNY1 CNY = 0.145 CHF

See what else happened on April 10th, 2012