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Thursday, February 25, 2010

Fwd: [bangla-vision] Fw: Business Today: Bernanke eases worries about monetary tightening



---------- Forwarded message ----------
From: Abu Zahrin Abu Bakar <abuzahrinabubakar@yahoo.com>
Date: Thu, Feb 25, 2010 at 5:45 PM
Subject: [bangla-vision] Fw: Business Today: Bernanke eases worries about monetary tightening
To: bangla-vision@yahoogroups.com


 



----- Forwarded Message ----
From: Reuters.com <mail@nl.reuters.com>
To: abuzahrinabubakar@yahoo.com
Sent: Thu, February 25, 2010 5:56:49 AM
Subject: Business Today: Bernanke eases worries about monetary tightening

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WED 24 Feb 2010 
 
Bernanke eases worries about monetary tightening
Senate seeks bank reform, Obama weighs in
Stocks rise on the promise of more cheap money
New home sales hit record low, prices tumble
GM to wind down Hummer after China sale fails
Obama rejects criticism of agenda as "socialism"
A tale of two Das: Citi CEO, academic and mortgages
Toyoda takes center stage in safety crisis
SEC reins in short sellers with new restrictions
Jan durable goods orders seen up 1.5 percent


Business Update: Housing retreat South Africa gears up for World Cup Towns: Strengthen auto oversight

Bernanke eases worries about monetary tightening
February 24, 2010 03:44 PM ET
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke told Congress on Wednesday a weak job market and tame inflation warrant low interest rates for "an extended period," dampening speculation a policy tightening might be nearing.

Full Article
Senate seeks bank reform, Obama weighs in
February 24, 2010 04:16 PM ET
WASHINGTON (Reuters) - Key senators pushed for a bipartisan agreement on a package of reforms to tighten rules for financial industry behavior as President Barack Obama on Wednesday blasted critics who call his policies "socialism."

Full Article
Stocks rise on the promise of more cheap money
February 24, 2010 04:29 PM ET
NEW YORK (Reuters) - Federal Reserve Chairman Ben Bernanke reassured lawmakers interest rates will remain low, driving stocks higher on Wednesday as investors welcomed the promise of more cheap money.

Full Article
New home sales hit record low, prices tumble
February 24, 2010 04:23 PM ET
WASHINGTON (Reuters) - Sales of new homes unexpectedly fell to a record low in January while demand for loans to buy homes hit a 13-year low last week, fanning fears of renewed weakness in the housing market.

Full Article
GM to wind down Hummer after China sale fails
February 24, 2010 03:19 PM ET
DETROIT (Reuters) - General Motors Co will wind down its Hummer SUV line after failing to complete a deal to sell the brand to China's Sichuan Tengzhong Heavy Industrial Machinery Co, the automaker said on Wednesday.

Full Article
Obama rejects criticism of agenda as "socialism"
February 24, 2010 02:38 PM ET
WASHINGTON (Reuters) - President Barack Obama launched a vigorous defense of his economic agenda on Wednesday, rejecting critics who say it amounts to "socialism" and insisting his policies would boost U.S. competitiveness.

Full Article
A tale of two Das: Citi CEO, academic and mortgages
February 24, 2010 03:08 PM ET
NEW YORK (Reuters) - Sanjiv Ranjan Das, a professor at California's Santa Clara University, last fall attacked the problem of "underwater" mortgages often cited as an Achilles' heel to the U.S. housing market.

Full Article
Toyoda takes center stage in safety crisis
February 24, 2010 03:51 PM ET
WASHINGTON (Reuters) - Toyota Motor Corp chief Akio Toyoda stepped to center stage in a sprawling U.S. investigation of the Japanese automaker's safety crisis, apologizing to consumers and pledging reforms to skeptical lawmakers.

Full Article
SEC reins in short sellers with new restrictions
February 24, 2010 03:14 PM ET
WASHINGTON (Reuters) - Securities regulators adopted a new rule to restrict short selling more than a year after the financial crisis provoked cries to rein in investors who bet on a stock's decline.

Full Article
Jan durable goods orders seen up 1.5 percent
February 24, 2010 03:00 PM ET
The median forecast for new orders for durable goods is for a 1.5 percent rise in January after a 1.0 percent gain in December. Forecasts range from a drop of 0.5 percent to a gain of 5.0 percent.

Full Article
 
 











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Palash Biswas
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