Financial news on January 21st, 2010

Business and Financial news
China on Path to Become Second-Largest Economy

If China keeps up its growth rate, it will likely replace Japan as the world’s second-largest economy this year. Read more..

By EDWARD WONG - The New York Times

China to Slow Lending to Fight Inflation

The bank regulator said it expected Chinese banks to extend loans totaling about $1.1 trillion this year, a decline of nearly 22 percent from 2009. Read more..

By BETTINA WASSENER - The New York Times

Earbuds That Dance or Not, and Have Artificial Intelligence

Sony offers $300 headphones with artificial intelligence while two other companies offer headphones that do or don’t move to the music. Read more..

By STEPHEN WILLIAMS - The New York Times

F.B.I. Charges Arms Sellers With Foreign Bribes

The case against 22 top-level arms industry executives is the biggest prosecution of individuals for foreign corporate bribery ever pursued by the Justice Department. Read more..

By DIANA B. HENRIQUES - The New York Times

Guilty Plea in Sale of Products With Steroids

VMG Global, a California sports nutrition company, admitted in federal court that it illegally put steroids in its dietary supplements. Read more..


How Fast Is Your Web Connection?

Internet service providers and various sites offer tests that measure the speed of a Web connection, which could help you get faster service. Read more..

By PETER WAYNER - The New York Times

If Your Password Is 123456, Just Make It HackMe

People favor simple passwords, despite Internet security scares like the recent attacks on Google’s e-mail service. Read more..

By ASHLEE VANCE - The New York Times

Obama’s Move to Limit ‘Reckless Risks’ Has Skeptics

The president on Thursday proposed legislation to limit the scope and size of large financial institutions. Read more..

By SEWELL CHAN and ERIC DASH - The New York Times

Packing a Series of Pluses

New versions of the Pre and Pixi can become personal Wi-Fi hot spots, at a price, of course. Read more..

By DAVID POGUE - The New York Times

Screen Language, Deciphered

I’m shopping around for a laptop, but get confused at the different type of L.C.D. screens offered. For example, I have a choice of C.C.F.L. or LED — what does that even mean? Read more..

By J. D. BIERSDORFER - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
JPMorgan ChaseJPM43.0443.1540.3240.54138M
General ElectricGE16.4716.4815.9516.0299.2M
Wells Fargo & Co.WFC27.9828.5027.1828.0090.2M
Cisco SystemsCSCO24.5124.6523.8623.9854.8M
Oracle Corp.ORCL25.1925.5424.5924.8341.8M
AT&T Inc.T25.9225.9825.4025.6740.1M
UnitedHealth GroupUNH35.4335.6933.0033.1029.2M
Verizon CommunicationsVZ30.7930.9730.2630.6323.6M
Home DepotHD28.6329.0628.3228.4818.9M
HP Inc.HPQ52.4152.4750.8951.2918.5M
Abbott LaboratoriesABT56.2156.5055.0055.5617.3M
Bristol-Myers SquibbBMY25.4225.6424.8924.9516.8M
Wal-Mart StoresWMT54.0754.0752.8452.9216M
Walt Disney & Co.DIS31.1431.4230.5730.6115.4M
Johnson & JohnsonJNJ65.0765.4763.8063.9714.5M
Procter & GamblePG60.5660.9359.4559.8414.3M
Gilead SciencesGILD46.2446.5045.1945.7812.2M
International Business MachinesIBM130.47130.69128.06129.009.61M
Union PacificUNP63.7567.4863.1565.458.74M
United TechnologiesUTX71.4571.8569.7570.135.11M
Berkshire HathawayBRK.B71.1373.4370.5172.72290K
Exchange Rates of January 21st, 2010
CurrenciesExchange Rates
US DollarJapanese Yen1 USD = 90.450 JPY1 JPY = 0.011 USD
US DollarCanadian Dollar1 USD = 1.052 CAD1 CAD = 0.951 USD
US DollarSwiss Franc1 USD = 1.043 CHF1 CHF = 0.959 USD
US DollarChinese Yuan1 USD = 6.828 CNY1 CNY = 0.146 USD
EuroJapanese Yen1 EUR = 127.370 JPY1 JPY = 0.008 EUR
EuroPound Sterling1 EUR = 0.870 GBP1 GBP = 1.150 EUR
EuroAustralian Dollar1 EUR = 1.565 AUD1 AUD = 0.639 EUR
EuroCanadian Dollar1 EUR = 1.481 CAD1 CAD = 0.675 EUR
EuroSwiss Franc1 EUR = 1.468 CHF1 CHF = 0.681 EUR
EuroChinese Yuan1 EUR = 9.619 CNY1 CNY = 0.104 EUR
Japanese YenPound Sterling1 JPY = 0.682 GBP1 GBP = 1.465 JPY
Japanese YenAustralian Dollar1 JPY = 1.228 AUD1 AUD = 0.815 JPY
Japanese YenCanadian Dollar1 JPY = 1.163 CAD1 CAD = 0.860 JPY
Japanese YenSwiss Franc1 JPY = 1.153 CHF1 CHF = 0.868 JPY
Pound SterlingAustralian Dollar1 GBP = 1.799 AUD1 AUD = 0.556 GBP
Pound SterlingCanadian Dollar1 GBP = 1.704 CAD1 CAD = 0.587 GBP
Pound SterlingSwiss Franc1 GBP = 1.688 CHF1 CHF = 0.592 GBP
Pound SterlingChinese Yuan1 GBP = 11.048 CNY1 CNY = 0.091 GBP
Australian DollarCanadian Dollar1 AUD = 0.947 CAD1 CAD = 1.056 AUD
Australian DollarSwiss Franc1 AUD = 0.938 CHF1 CHF = 1.066 AUD
Australian DollarChinese Yuan1 AUD = 6.148 CNY1 CNY = 0.163 AUD
Canadian DollarSwiss Franc1 CAD = 0.991 CHF1 CHF = 1.009 CAD
Canadian DollarChinese Yuan1 CAD = 6.489 CNY1 CNY = 0.154 CAD
Swiss FrancChinese Yuan1 CHF = 6.547 CNY1 CNY = 0.153 CHF

See what else happened on January 21st, 2010