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Entries for the ‘Financial Morning’ Category

en Rises on Concern a Global Recession Will Curb Carry Trades

Nov.26, 2008 in Banking News, Financial, Financial Morning

Yen Rises on Concern a Global Recession Will Curb Carry Trades
The yen rose against the euro and the dollar as speculation a global recession will deepen prompted investors to pare holdings of higher-yielding assets funded in Japan.
By Ron Harui and Stanley White
Nov. 26 (Bloomberg) — The yen rose against the euro and the dollar [...]

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Dividends Cut Fastest Since 1950s as Citigroup Conserves Cash

Nov.26, 2008 in Banking News, Financial Morning, World Crisis

Dividends Cut Fastest Since 1950s as Citigroup Conserves Cash
Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces U.S. companies to conserve cash.
By Lynn Thomasson and Eric Martin
Nov. 26 (Bloomberg) — Stock dividends are disappearing at the fastest rate in 50 years as the worsening recession forces [...]

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