| Saxo Bank participates as Co-Sponsor in The Middle East Forex ...
'We are pleased to announce that Saxo Bank will be joining the ranks of international forex companies who will be at The Middle East Forex Trading Expo on 1-2 March in Dusit Dubai Hotel. Saxo Bank A/S, a modern investment bank specializing in online investments in the international Capital Markets is the Co-Sponsor of this 2-day Expo and Workshop,' announced Jean Louis Farwagi, Vice President of Arabcom Group, organizer of the event. Saxo Bank enables clients to trade currencies, shares, CFD contracts, futures, options and other derivatives as well as portfolio management via their online trading platform - SaxoTrader. SaxoTrader has been internally developed by Saxo Bank and is available to today's investor directly through Saxo Bank or through one of their global partnerships as an integral part of their own infrastructure.
ITV reported mulling Endemol bid
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FOREX-Yen pressured as market sees no tough talk at G7
NEW YORK, Feb 7 (Reuters) - The yen dropped against the dollar and euro on Wednesday amid increased expectations that Group of Seven finance ministers will not take a tough stance on the Japanese currency's weakness at their weekend meeting. A senior official at Japan's Finance Ministry said on Wednesday the yen could be discussed at the G7 gathering in Essen, Germany, but that it was unlikely to be the main subject of the talks. That followed comments from U.S. Treasury Secretary Henry Paulson earlier this week, saying the yen's value was set by market fundamentals and suggesting Washington does not have a problem with the weak Japanese currency. "There will not be unanimous consent at the G7 meeting to say the yen is a problem," said Tim Mazanec, senior currency strategist with Investors Bank & Trust in Boston.
Asian Stocks Decline On Concerns Of Strengthening Yen, Higher ...
(RTTNews) - The major stock markets in Asia are trading in the negative territory on Monday, on concerns of strengthening Japanese yen and rise in commodity prices in the international markets. While Australian stocks declined led by resource stocks after the prices of commodities, including copper and zinc, rose in international markets, stocks in Japan declined, led by exporters on concerns that measures may be initiated to strengthen yen after the European finance ministers opined that the country's currency is not adequately reflecting the growth in the economy and planned to raise the issue during the forthcoming G-7 meeting. Lowering of profits by Nissan Motor and NTT, on higher costs, also led to the decline of stocks in the Japanese market. Oil and oil related stocks were however, trading in the positive territory after price of crude oil rose 3% in New York to $59.02 per barrel, on Friday.
UK's Brown To Push Aid For Education At G7 Meeting
“UK Chancellor of the Exchequer Gordon Brown will use this weekend's meeting of Group of Seven (G7) leading industrial nations' finance ministers [in Essen, Germany] to press leading countries to honor their commitments on increasing aid for education. Brown will urge the ministers to ensure their governments fulfill their pledges made last year to provide $10 billion a year to developing countries to help provide universal primary education. The UK itself last year pledged to spend an extra $15 billion on aid for education over the next 10 years. ..." [Dow Jones/Factiva] The Times reports that “… The European Commission will host a conference at the end of April to discuss how best to fund education plans put forward by 17 African countries last year. Brown's hope is to guarantee primary education for every child on the planet, at an estimated cost of $17 billion a year.
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