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Loonie Loses Currency Wings as Canada Hurt by US (Update1) Bloomberg - 1 hour ago By Liz Capo McCormick Aug. 4 (Bloomberg) — Currency traders are beginning to realize that for all its riches in oil, copper and lumber, Canada's economy may not be so different than the US after all. Dollar dips vs yen as carry trades trimmed Reuters Aussie dlr extends losses, at 2-mth lows vs yen Forbes Daily FX - RTT News - Bloomberg - Bloomberg all 404 news articles

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Earthtimes (press release)

Finance Unit of Chrysler Fails to Renew Some Funding Wall Street Journal - 1 hour ago By LIZ RAPPAPORT In another blow to Detroit and the auto-finance industry, Chrysler Financial was unable to renew all of $30 billion in short-term debt after a month of high-strung negotiations with 22 banks, coming up $6 billion short. Chrysler renews credit facilities but cuts amount Reuters Chrysler Financial renews lines of credit The Canadian Press MarketWatch - BusinessWeek - Forbes - CNNMoney.com all 141 news articles

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Strong Productivity Defies Trend And Gives Fed Room to Maneuver Wall Street Journal - 1 hour ago By BRIAN BLACKSTONE In the six US recessions since 1970, worker productivity, or output per hour, grew a sluggish 0.8%, on average. Fed unlikely to change rates this week USA Today Fed likely to hold rates steady amid crosscurrents The Associated Press MarketWatch - Reuters - New York Times - Washington Post all 389 news articles

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Wall Street Journal

Intel to Offer Details Wall Street Journal - 46 minutes ago By DON CLARK Intel Corp. on Monday is providing the first details of a chip technology that is designed to help break into new markets, starting with high-end graphics used for computer games and animation. Intel Plans Chip to Boost Computer Performance Washington Post Intel’s Line of Graphics Chips Could Have Broader Uses New York Times CNET News - Computerworld - MarketWatch - IT Week all 33 news articles

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HSBC to Negotiate Lower Price for Korea Exchange Bank (Update2) Bloomberg - 1 hour ago By Bomi Lim and Patricia Kuo Aug. 4 (Bloomberg) — HSBC Holdings Plc is in talks to cut the price for Korea Exchange Bank after Asian financial stocks tumbled 18 percent since the $6 billion purchase was announced in September, two people familiar with … HSBC Talks to Lone Star About KEB Wall Street Journal HSBC seeking price reduction to buy Korea Exchange Bank MarketWatch Independent - The Standard - Trading Markets (press release) - Telegraph.co.uk all 34 news articles

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Auto Giants Drag on Tokyo Wall Street Journal - 3 hours ago By V. PHANI KUMAR HONG KONG — Japanese shares extended losses Monday as automobile giants Toyota and Honda declined after reporting a drop in US sales in July, while banks such as Sumitomo Mitsui Financial Group dipped after a lower finish on Wall … Seoul shares down on econ fears; shipbuilders fall Forbes Seoul shares extend losses, down 2.5 pct Reuters India Middle East North Africa Financial Network all 14 news articles

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KEPR 19

July Autos Sales Highlight Small Cars' Success BusinessWeek - 42 minutes ago by David Kiley If July sales for the US auto industry show one thing it's this: If it doesn't have a good fuel-economy story, it's not moving out of dealer lots—it's crawling. US Vehicle Sales Fall 13.2% Amid High Gas Prices and Tight Credit New York Times US auto sales in July plunge 13 percent DetNews.com Detroit Free Press - Bloomberg - Wall Street Journal - CNNMoney.com all 650 news articles

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