Thursday, June 10, 2010

It's the economy (Thursday, June 10, 2010)

In Canada, the rich do get richer, the loonie works towards most stable status and the name that Chevrolet employees can no longer say, some of the items of note from the financials for Thursday.

Globe and Mail-- The close: Dow, TSX surge
Globe and Mail-- Bank reforms won’t hurt recovery, Mark Carney says
Globe and Mail-- Chinese currency reform critical: Geithner
National Post--Canada's rich got richer during financial crisis
National Post-- A glimpse of the new world order
National Post-- BNP sees loonie becoming 'reserve currency'
Vancouver Sun-- Metro Vancouver new home prices post best rebound
Vancouver Sun-- Vancouver-based Lululemon beats profit estimates, boosts forecast
New York Times-- Push for BP to Halt Dividends Hits Resistance in Britain
New York Times-- Central Bank Extends Cash Lifeline and Gives Pep Talk
New York Times-- Chinese Workers at Honda Plant Plan March
USA Today-- Mortgage rates near all-time low, says Freddie Mac
USA Today-- GM memo urges dumping Chevrolet's 'Chevy' nickname
Guardian UK online-- David Cameron admits sympathy with Obama before discussing BP crisis
Guardian UK online-- Trichet says market jitters forced ECB's U-turn on bonds
Guardian UK online-- Investment banks face scrutiny over soaring cost of share issues
Times on line UK-- The world won’t stop to let Britain get off
Times on line UK-- Pressure grows on BP in dividend row
Telegraph online UK-- Should David Cameron talk tough with Barack Obama over BP?
Telegraph online UK-- Budget 2010: what are George Osborne's options in this emergency?
Telegraph online UK-- Gordon Brown's henchmen are rewriting history as we sink into the red
Melbourne Herald Sun-- Plotting way out of tax 'swamp'
Melbourne Herald Sun-- Axe the tax, says protest crowd
Sydney Daily Telegraph-- Andrew Forrest gives PM silent treatment
People's Daily-- Faced with labor shortage, Shenzhen will raise minimum wage
People's Daily-- Capital flow into gold market may trigger economic bubble
China Daily-- China exports surge but Europe debt crisis looms
China Daily-- Global outlook gets riskier
Times of India-- Govt may amend mandatory 25% public float norm
Times of India-- Hike in fuel prices is necessary, says Deora

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