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 The U.S. trade deficit dropped more than expected in April although the politically sensitive imbalance with China increased to a very high level in the last period.The weakening dollar helped trim imports and hike exports to an all-time record.The Commerce Department reported that the gap in goods and services trade narrowed 6.2...
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Today, China has seen the largest drop in stock market indices ever as the Shanghai Composite Index plunged 330.34 points or 8.26 percent to 3,670.40. Meanwhile, the Shenzhen Component Index, tracking the smaller Shenzhen Stock Exchange, closed at 11,468.46, down 964.23 points or 7.76 percent.On Monday, the Shanghai Index fell for the...
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 Brazilian President Luis Ignacio Lula da Silva made a three-day visit to India with the firm goal of improving ties, especially in the economic sector, where both countries are rising rapidly.Lula met with Prime Minister Manmohan Singh on Monday and discussed several problems appeared in the trade area and world-scale issues like global...
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 The United States and China opened the second round of high-level economic talks on Tuesday.The delegations were composed of 10 Bush administration cabinet-rank officials and Federal Reserve Chairman Ben S. Bernanke, with 17 Chinese ministers, regulators and other policy makers.U.S. Treasury Secretary Paulson said the meeting with...
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 Gasoline’s retail price overreached the last record of $3.03 per gallon (Aug. 11, 2006) and climbed to a nationwide average of $3.07 per gallon on May 4th, due to a number of refinery outages, according to the latest nationwide Lundberg survey.This is an increase of nearly 20 cents per gallon in the past two weeks, according to the...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.787 |
0.670 |
93.525 |
| EUR |
1.271 |
------ |
0.852 |
118.837 |
| GBP |
1.492 |
1.174 |
------ |
139.549 |
| YEN |
0.011 |
0.008 |
0.007 |
------ |
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| Symbol | Last | Change | | Dow | 14,047.31 |  40.24 (0.29%) | | Nasdaq | 2,747.11 |  6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
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 New BMW-6 Series Coupe and convertible
BMW has launched a convertible and new coupe of the 6-Series
featuring several advanced drive technologies and driver assistance
safety systems.
Both the coupe...
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