Network News

X My Profile
View More Activity





Morning briefing: Did Japan intervene to weaken yen?

1. Traders said the Bank of Japan intervened to weaken the yen on Friday for the second time in just over a week. But Japanese authorities remained silent.

2. Business confidence in Germany rose unexpectedly to its highest level in over three years in September.

3. Japan's trade minister said China has ordered a halt to rare earth mineral exports to Japan. But China claims there's no official embargo.

3. Gold is heading for its 10th consecutive annual gain, which would be the longest winning streak since at least 1920.

4. Brazil increased its stake in oil giant Petrobras to about 48 percent from 40 percent after a massive stock offering.

By Ariana Eunjung Cha  | September 24, 2010; 9:15 AM ET
Categories:  *Economic agenda, China, International Economics, Trade  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Bank execs on reform: What, me worry?
Next: Ally knew of faulty GMAC documents weeks before eviction moratorium

No comments have been posted to this entry.

Post a Comment

We encourage users to analyze, comment on and even challenge washingtonpost.com's articles, blogs, reviews and multimedia features.

User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions.




characters remaining

 
 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company