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S&P 500 extends longest slump of year as euro weakens on Cyprus

By Stephen Kirkland, Sarah Pringle and Lu Wang, Bloomberg | March 19, 2013

Most U.S. stocks fell for a third day, the longest slump of the year for the Standard & Poor’s 500 Index, as Cyprus rejected a bank-deposit levy needed to secure European bailout funds.

U.S. stock futures rise amid housing data before Fed meeting

By Lu Wang and Sarah Pringle, Bloomberg | March 19, 2013

U.S. stock futures rose, following a two-day slide for the Standard & Poor’s 500 Index, as new home construction increased and investors awaited the start of a Federal Reserve meeting.

Yuan overtakes ruble as world payments currency

By Fion Li and Ye Xie, Bloomberg | February 27, 2013

For the first time, China’s yuan has overtaken the Russian ruble for transactions in the global payment system, according to Society for Worldwide Interbank Financial Telecommunication, a financial messaging platform.

Yen reaches weakest since 2010 on BOJ easing expectations

By Joseph Ciolli and Anchalee Worrachate, Bloomberg | January 14, 2013

The yen touched the weakest level versus the dollar since June 2010 on bets Japanese Prime Minister Shinzo Abe will select a central-bank chief who will expand monetary easing, accelerating the currency’s decline.

HP takes $8.8 billion charge saying Autonomy fabricated finances

November 20, 2012

Hewlett-Packard Co. accused Autonomy Corp., the software maker it bought last year, of a broad range of financial falsehoods resulting in an $8.8 billion writedown.

Dollar falls from 3-week high as factory gauge damps safety bid

By John Detrixhe and Joseph Ciolli, Bloomberg | October 1, 2012

The dollar fell from the strongest level in three weeks against the euro as a gauge of U.S. manufacturing unexpectedly rose, damping demand for the refuge of U.S. government securities.

Yen weakens versus euro amid Bank of Japan stimulus speculation

By Allison Bennett, Bloomberg | September 17, 2012

The yen weakened to four-month low versus the euro as investors speculated the Bank of Japan will expand monetary easing at its meeting this week.

Euro weakens from three-month high as debt-crisis optimism wanes

By Joseph Ciolli, Bloomberg | September 10, 2012

The euro fell for the first time in four days versus the dollar as investors expressed skepticism that the region’s debt crisis is being contained.

Germany, France reconnect in joint push to fight crisis

By Rainer Buergin, Bloomberg | August 27, 2012

Germany and France agreed to drive ahead measures on closer European integration in a renewed show of unity by the region’s two biggest economies to fix the crisis in the Eurozone.

Euro gains versus yen on speculation ECB will quell debt crisis

By Joseph Ciolli, Bloomberg | August 7, 2012

The euro rose to a more than three- week high versus the yen amid speculation that the European Central Bank is taking appropriate measures to quell the region’s debt crisis.

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