Emerging market currencies firm up against dollar, yen

The won and ringgit strengthened against the dollar and the yen, and concerns about defaults diminished after leaders from the Group of 20 nations endorsed targets to slash budget deficits once the world’s economic recoveries are cemented. The won gained 1.1 percent to 1,201.89 per dollar in evening trade in Tokyo, rising for the first [...]

Jun 30 2010 | Posted in World Business | Read More »

Soybean, wheat futures advance as dollar weakens

Soybean, corn and wheat futures advanced in Chicago as the dollar weakened and crude oil gained, boosting demand for the crops from importers and investors. Soybeans for July delivery rose 0.7 percent to $9.3925 a bushel on the Chicago Board of Trade at 2:24 pm Singapore time. Corn gained 0.4 percent to $3.4975 a bushel [...]

Jun 4 2010 | Posted in World Business | Read More »

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