Posted on January 6, 2009 at 12:14 am in Online Trading News
Toyota is suspending production at all 12 of its Japan plants for 11 days over February and March, a stoppage of unprecedented scale for the nation’s top automaker as it grapples with shrinking global demand.
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Posted on January 5, 2009 at 6:50 pm in Online Trading News
A prosecutor on Monday asked that Bernard Madoff be jailed pending trial, saying the disgraced financier violated an agreement with the court by mailing watches, jewelry, cufflinks and mittens worth more than $1 million to relatives and friends.
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Posted on January 5, 2009 at 2:24 pm in Forex
The prospect of new tax cuts in the United States and Germany injected a measure of New Year cheer on Monday, even as automakers wrapped up 2008 as their worst in more than 15 years with yet another month of slumping U.S. sales.
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Posted on January 5, 2009 at 1:02 pm in Online Trading News
Shares of General Electric Co. traded lower Monday as an analyst warned that the probability of a credit rating or dividend reduction in 2009 has grown because of trouble in the conglomerate’s lending division GE Capital.
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Posted on January 5, 2009 at 12:42 pm in Strategies
Currency trading is a favorite for both short term traders as well as those who like to trade based on longer-term patterns. Among the most widely traded CurrencyShares ETFs is the CurrencyShares Japanese Yen Trust.
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