The Australian dollar was stuck near three-week lows on Friday as investors fled riskier trades and higher-yielding currencies, unwinding leveraged positions funded mainly in yen. Most Asian stocks markets were in the red after a slide on Wall Street, while the yen climbed to months highs against the Aussie and the US dollar. Investors were spooked in part by US President Obama's plans to limit risk-taking at banks.
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- IANWGE
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- Index gains 86 points
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- Indian shares up 3.47 percent
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- Israel's cabinet okays plan to approve two-year budget
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- Japan finalising $150 billion stimulus spend
- Japan may make early exit from recession: analysts
- Japan Prime Minister orders $100 billion economic stimulus
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- Latvia GDP drop could be more than 13 percent
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- Lloyds of London profit halves to $2.8 billion
- London
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- low oil prices preventing vital investment
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- Malaysian shares down 1.3 percent
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- Manila to borrow $1.2 billion more in local debt in 2009
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- Monday's midday trade: Wall Street up
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- Moody's
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- Mutual Funds Association of Pakistan
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- Thousands of Chinese workers heading to Vietnam
- Three British managers held in French bossnapping
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