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Sour grapes for wine exports
AUSTRALIA'S wine exports fell for the first time in 13 years as the global financial crisis and volatile exchange rates crimped demand.
News.com

ETF Investing: ETFs bolstered by rush to index funds after market meltdown
Exasperated investors are abandoning riskier stock strategies in favor of the relative calm and lower costs of plain-vanilla exchange-traded funds.
MarketWatch.com

Hong Kong forex reserve hits US182.5 bln - China Knowledge Online
Hong Kong forex reserve hits US182.5 blnChina Knowledge Online, Singapore - 39 minutes ago12, 2009 (China Knowledge) - Hong Kong's official foreign exchange (forex) reserve hit US182.5 billion at the end of December last year, US16.6 billion ...Barclays Wealth to cut 20 jobs in Hong Kong China Knowledge Onlineall 2 news articles
Info 5000

Number of profit warnings hit 7-year high
Research by accountancy group Ernst & Young (E&Y) has found that profit warnings by firms listed on the London Stock Exchange reached a 7-year high last year.E&Y said that the number of profit warnings by UK-listed companies was 449 in 2008, 17% higher than the previous year.The economic downturn has had a major impact on [...]
Telegraph

Obama`s SEC pick could face bumpy ride over Madoff (Reuters)
President-elect Barack Obama's choice to lead the U.S. Securities and Exchange Commission is likely to be roughed up at her confirmation hearing in connection with the Bernard Madoff scandal, but ultimately she is expected to be confirmed.
yahoo.com

Zim labour union pushes for salaries in forex - Zim Online
Zim labour union pushes for salaries in forexZim Online, Zimbabwe - 1 hour agoby Andrew Moyo HARARE The Zimbabwe Congress of Trade Unions (ZCTU) is pushing for workers to be paid in hard currency, with union leader Lovemore Matombo ...
Info 5000

FOREX-Yen buoyed by risk reversal, euro on defensive - Reuters UK
FOREX-Yen buoyed by risk reversal, euro on defensiveReuters UK, UK - 42 minutes agoSYDNEY, Jan 12 (Reuters) - The Japanese yen climbed across the board on Monday as a grim global outlook favoured safe-haven currencies, while the euro ...
Info 5000

Trading in Satyam may resume
NEW YORK: Trading in the securities of Indian IT company, Satyam Computer may resume on Monday, if the New York Stock Exchange finds its assessment of the company satisfactory but the exchange has ...
bignewsnetwork.com

ADX slips, DFM shows slight up
The Abu Dhabi Securities Exchange fell by 1.06%, with 18 companies falling, 12 rising and four holding steady. The Bank of Sharjah showed the biggest decline, going down by 10%. The Dubai Financial Market rose by 0.39%, although a total of 13 companies fell compared to nine which rose. Emirates NBD posted the highest rise, going up 4.93% to Dhs3.62.
AME Info

Russia lets ruble fall as devaluation continues (AP)
AP - Russia's Central Bank allowed the ruble to drop sharply against the dollar Sunday, resuming a controlled devaluation of the currency that began Nov. 11 as the country's economy continued to weaken.
yahoo.com

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