Nokia warns mobile industry sales will falll in 2009 November 14th, 2008 LONDON (MarketWatch) — Nokia warned that industry volumes for the fourth quarter will be lower than previously expected and said next year’s sales will be down. “In the last few weeks, the global economic slowdown, combined with unprecedented currency volatility, has resulted in a sharp pull back in global consumer spending
GBP/USD Dives to 6 Years Low November 13th, 2008 Yesterday the GBP/USD suffered sharp losses and hit its lowest level in 6 years. The Cable lost 3.7% to end the day at $1.4893
Tokyo, Sydney tilt lower early on; commodity shares fall November 12th, 2008 HONG KONG (MarketWatch) — Asian stocks were lower in early trading Thursday, wtih commodity-related stocks leading the action to the downside, following further declines in crude-oil prices overnight, while Japanese export-related stocks were also weaker after the yen strengthened relative to the U.S. dollar.
Russia’s ruble falls 1% against dual currency basket November 11th, 2008 NEW YORK (MarketWatch) — Russia’s central bank allowed Tuesday the ruble to weaken about 1% from 30.42 to 30.72 against its dual currency basket, analysts said.