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No need for global currency, Obama says WASHINGTON (MarketWatch) -- There is no need for a global currency to replace the dollar as suggested by Chinese leaders, President Barack Obama said Tuesday. 'The dollar is extraordinarily strong right now,' he said, because the American economy and political system are stronger than many others. Global leaders meeting in London next week should commit to do what they can to create jobs, avoid trade protectionism and re-regulate the financial system, he said. Speaking at a news conference, Obama said every country needs to do what it can, rather than hoping to free ride on the efforts of others to end the recession. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. Market WatchStocks to Watch: Stocks in focus for Wednesday Among the companies whose shares are expected to see active trade in Wednesday's session are Paychex Inc., Red Hat Inc. and SAIC Inc. Market WatchJapan`s Mechandise Exports Boosted by Cheaper Yen in February Japan's Merchandise Trade Balance printed better than expected February, showing an 82.4 billion yen monthly surplus versus expectations of a -20.0 billion... Daily FXDay after big gains, stocks end trading downMsn Japan`s Merchandise Exports Boosted by Cheaper Yen in February Japan's Merchandise Trade Balance printed better than expected February, showing an 82.4 billion yen monthly surplus versus expectations of a -20.0 billion... Daily FXIn U.S., Barclays Is Losing Its Grip Plans by Barclays to sell its iShares exchange-traded-fund unit come at a time when the company's hold on the U.S. market may be loosening. Wall Street JournalBanking crisis helps Evolution build trading desk quickly Growing uncertainty at the biggest banks about future bonuses has enabled one of London's newest brokers to build a fixed-income trading desk from scratch in five months FTSeagate Has Room to Rise, Options Show Amid takeover talk, call options in the hard-disk-drive maker exceed regular trading volume by 10 times. The StreetDanese Cooper Starts at REvolution as `Open Source Diva` Danese Cooper, known as the Open-Source Diva after stints as an open-source community builder at Sun Microsystems and Intel, announces she has joined REvolution Computing, a provider of open-source predictive analytics solutions. REvolution focuses on solutions based on the R language. One of Cooper's first initiatives at REvolution will be to work with REvolution R Director of Community David Smith to develop a program to better support user groups and develop new community assets. - Danese Cooper, known as the quot;Open-Source Diva quot; after stints as anopen-source community builder at Sun Microsystems and Intel, announced March 23that she had joined REvolutionComputing, a provider of open-source predictive analytics solutions.At REvolution, Open Source Diva Cooper (... eWeekCarnival outlook down on discounts The world's largest cruise ship operator has underscored the tough trading conditions in the sector after being forced to cut its full-year outlook. FT1 2 3 4 5 |
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