TOKYO – Value of the dollar weakening against the Japanese yen currency, which dropped below 87 Japanese yen in trading on Thursday local time. This is weakening the lowest since July 1995. As reported by the AFP on Thursday (26/11/2009), the dollar fell to its lowest level against the yen for 86.51 after closing in [...]

rupiah weakened again against the dollar in trading in the spot market this morning, down 0.50% or Rp47 to Rp9.400 level, increasingly approaching Rp9.500. In the last week, the rupiah closed at Rp9.353 level of U.S. $ 1. Mega Capital Indonesia recorded during the last week the rupiah weakened against the dollar at 9345 levels. [...]

However, Deputy Governor of Central Bank of China, Zhu Min, said that the revaluation will not improve the world trade imbalance. In front of the World Economic Forum in Davos, he said China was trying to increase domestic consumption, but warned some time to ask for China’s increasing spending. Zhu said Beijing has been maintaining [...]

Global crisis since 2008 caused the number of property millionaires around the world participated the first time contracted in a decade. A recent survey Boston Consulting Group (BCG) states, the financial crisis has been shrinking funds under management at the asset management division fell 11.7 percent to just USD92, 4 trillion. The number is almost [...]

French President Nicolas Sarkozy threatened to walk out of the action forum group 20 (G20) in Pittsburgh, United States, if there is no agreement in the payment of salaries and bonuses of banking. “If there is no concrete decision, I’ll go,” said Sarkozy told Reuters from the newspaper Le Figaro on Monday (14.9.2009). Not presented [...]