Global Financial Markets: Investment Markets Services

The greenback recovers after British GDP shows zero growth. Bernanke comments have little impact. The dollar staged a rebound Friday, after a report on the United Kingdom’s economy showed lower-than-expected growth.

Comments by Federal Reserve Chairman Ben Bernanke that persistent problems in the financial markets threaten the nation’s economy did little to change the dollar’s upward move.

The 15-nation euro traded at $1.48, down from $1.49 late Thursday. The greenback bought ¥110.08, up from ¥108.44. [Read more →]

Tags: Banks, Currency, Economic news, Economy, Market Data, United Kingdom's economy, financial companies, financial markets, financial planning, foreign exchange, international financial markets, investment markets, money, pounds by Financial Specialist
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Fortune’s Sue Zesiger Callaway hops a ride on the Hawker 4000, a $21 million aircraft that boasts cutting-edge avionics. Plus: Jet etiquette.
When it comes to business jets, the holy grail has long been a reasonably priced jet with enough range to zip you across the Atlantic.
(After all, what mogul wants to refuel in Greenland en route to London?) [Read more →]

Tags: Asian markets, Bank of America, Banks, Business, Canadian Dollars, Currency, Economic news, Economy, Exchange Converter, Market Data, Stock Exchange, bond market, central banks, financial advisor, financial aid, financial asset management, financial companies, financial markets, financial news, financial planning, financial review, global business, global stock markets, international financial markets, investment markets, investors, money, overseas markets, pounds, stock markets by Financial Specialist
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Federal Reserve says a slight rebound in auto industry makes up for plunge in other sectors.
Industrial output rose in July at a slightly better pace than expected as a further rebound in the auto industry offset a big plunge in output at the nation’s utilities. [Read more →]

Tags: Asian markets, Bank of America, Banks, Business, Canadian Dollars, Currency, Economic news, Economy, Exchange Converter, Market Data, Stock Exchange, bond market, central banks, financial advisor, financial aid, financial asset management, financial companies, financial markets, financial news, financial planning, financial review, global business, global stock markets, international financial markets, investment markets, investors, money, overseas markets, pounds, stock markets by Financial Specialist
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The bank joins four others that have settled with New York Attorney General.
Wachovia Corp. has agreed to buy back $8.5 billion in auction-rate securities as part of a wide-ranging investigation by the New York Attorney General and other state regulators into the collapse of the market. [Read more →]

Tags: Asian markets, Bank of America, Banks, Business, Canadian Dollars, Currency, Economic news, Economy, Exchange Converter, Market Data, Stock Exchange, bond market, central banks, financial advisor, financial aid, financial asset management, financial companies, financial markets, financial news, financial planning, financial review, global business, global stock markets, international financial markets, investment markets, investors, money, pounds, stock markets by Financial Specialist
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