IBT Staff Reporter

110371-110400 (out of 154944)

Yen falls on new BOJ operations, dollar down too

The yen fell broadly on Tuesday after the Bank of Japan announced more monetary policy easing measures to fight deflation and help the ailing economy, while holding interest rates at 0.1 percent.

Nokia files suits against display, monitor makers

Top mobile phone maker Nokia said on Tuesday it filed suits in Britain and the United States last week alleging a number of leading technology firms operate cartels for mobile phone and monitor displays.

Stock futures climb as Dubai fears ease

U.S. stock index futures rose on Tuesday as concerns about Dubai's debt problems eased and investors awaited a host of economic data, including pending home sales.

Key risks in emerging Europe, M.East, Africa

Debt in Dubai and the interplay of politics and IMF deals in Ukraine, Romania and Latvia provide the main political risks to regional emerging markets in December, while in Nigeria presidential health will be in focus.

BOJ offers more liquidity; government backs off

The Bank of Japan offered banks more short-term funds after an emergency meeting on Tuesday, winning an immediate reprieve from government pressure to help avert recession before upper house polls next year.

Euro zone unemployment stable at 9.8 pct in Oct

Euro zone unemployment remained stable at an 11-year high in October but September jobless numbers were higher than previously reported, showing the labour market has yet to feel the effects of nascent economic recovery.

Gold hits record near $1,200/oz as dollar slips

Gold hit record highs at $1,198.70 an ounce in Europe on Tuesday as the dollar weakened against a basket of currencies in the wake of policy comments from the Bank of Japan, adding to strong investment demand for the metal.

Equities rebound as Dubai fears wane

Worries about Dubai's debt slipped away on financial markets on Tuesday, allowing stocks to put in solid gains and weakening low-yield assets such as the dollar.

Wall St set for higher open; ISM data awaited

U.S. stock index futures pointed to a higher open for equities, with investors waiting for a slew of economic data, including U.S. ISM figures for November and pending home sales numbers.

Yen slides as BOJ meets, Asia stocks edge higher

The yen tumbled on Tuesday after the Bank of Japan called an emergency policy review to discuss ways to boost the ailing economy, but it regained some ground after the meeting when the central bank did not go as far as some investors had expected.

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