Australia and other Asian countries are just beginning to respond to Japan by lowering exchange rates and by other means, so the “easy” devaluation of the yen has already happened. The hard work is just starting, as other countries will increasingly …
While we put together the second quarter guidance, the assumption is that we would have more pricing flexibility to handle the impact of inflation, currency devaluation and volume performance. April results were in line with this view. In June, when we …
Due to a loss on Venezuelan currency devaluation, net income of General Motors depressed by $200 million in the first quarter of 2013. This hit was because Venezuela devalued its Bolivar currency. General Motor generates more than 60% of its revenue …
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Free zone success in global markets hinges on their staying competitive. At early stages, pioneering free zone countries such as Taiwan offered five-year tax holidays to investors in export processing zones. Other countries extended the tax-free period …
The depreciation of the rand could lure increasing numbers of foreign tourists to local shores in the coming summer months. But any theoretical increase in demand from overseas visitors due to a more “competitive currency” could in part be offset by …
Gold climbs as much as 0.8 percent * Up for 5 sessions out of 6 * Asia stocks erase early losses (Adds analyst comments, updates prices) By A. Ananthalakshmi SINGAPORE, July 15 (Reuters) – Gold extended gains on Monday after posting its biggest weekly …
July 15 (Bloomberg) — Bloomberg senior market correspondent Julie Hyman and Alan Kuckman, senior market analyst at Trading Advantage focus on the recent rebound in the price of gold and other commodities, plus a look at the latest market statistics in …
(Kitco News) – Gold prices are trading near steady in early U.S. dealings Monday. Prices have backed down just a bit from the overnight high as the U.S. dollar index has moved to its daily high as U.S. trading gets under way. August gold was last up $0 …