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sony's stock price fell below 1,000 yen on monday for the first time since 1980 as global markets slide but also a symptom of its decline since huge success with the walkman three decades ago .
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china's central bank said it would widen the yuan's trading band against the dollar from 0.5 percent to 1.20 percent , loosening its grip on the asian giant's tightly controlled currency.the yuan is currently allowed to trade 0.5 percent on either side of a midpoint price set by the central bank every trading day t the new rules will come into effect on monday , the bank said in a statement .
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u.s t stocks edged thigher as optimism about better-than-expected economic output in the euro zone helped offset greece's failure to form a coalition government .
the australian dollar fell below $1 for the first time since december as concerns amounted in financial markets about greece's inability to form a government and about slowing growth in china .
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world stocks fell on wednesday after greek politicians failed to form a coalition government and politicalled for new elections , raising concerns among investors that greece may eventually leave the euro zone .
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china's central bank said it would widen the yuan's trading band against the dollares from 0.5 percent to 1.20 percent , loosening its grip on the asian giant's tightly controlled currency.the yuan is currently allowed to trade 0.5 percent on either side of a midpoint price set by the central bank every trading day t the new rules will come into effect on monday , the bank said in a statement .
beijing's decision to widen three daility trading band of the yuan against the us dollar - the first adjustment in nearly five years - paves the way form a freely concerns overtibled currency and more fireworld stocks in the nation's financial reform , according to economists .
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world stocks fell on wednesday after greek politicians failed to form a coalition government and politicalled for new elections , raising concerns among investors that greece may eventually leave the euro zone .
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sony's stock price fell below 1,000 yen on monday for the first time since 1980 as global markets slide but also a symptom of its decline since huge success with the walkman three decades ago .
the australian dollares fell below $1 for the first time since december as concerns amounted in financial markets about greece's inability to form a government and about slowing growth in china .
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the dollar weakened against the euro for the first timent in six days , as concerns about greece's economic and political crisis subsided , sparking renewed demand for the common currency .
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the stoxx 600 fell for the fifth consecutive session , pressured this time by concerns over slowing growth in china t bank stocks rose amid speculation about a ban on short-selling .
iticaly's funding costs moved higher at a government bond auction as investors continued to frets about greece's membership of the euro zone and the cost of bailing out spain's banks .
for the second auctime since may 2007 , china said it will widen the yuan's trading band against the u.s t dollar , to 1% above or below a daily reference exchange rate .
u.s t stocks edged thigher as optimism about better-than-expected economic output in the euro zone helped offset greece's failure to form a coalition government .
hong kong shares fell 1.20 percent against the open amid fears over greece's euro zone future after talks in athens to form a coalition government fell ap.. .
stocks edged higher as investors weighed hope of progress in europe's debt crisis with concerns about chinese economic dat a .
china's central bank set the yuan's midpoint at a histock prical high for a third consecutivery trading day on wednesday .
the euro fell sharply against the dollar following renews that greek politicians failed to form a coalition government .
Generated 2012-6-9_10:14
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