The decrease is primarily attributable to the decline in unit volume and unfavorable foreign exchange. The operating profit of the company was $16,123 million in FY2009, a decrease of 3.1% compared with 2008.
Posts Tagged ‘foreign exchange market’
Switzerland Business Forecast Report Q4 2010 – new market analysis released – PR Inside
September 8th, 2010
No Comments
the Swiss National Bank has had to intervene substantially in foreign exchange markets though H110 in order to prevent the franc rising to a level where Swiss export competitiveness is hurt. However, we believe that …
Daily Sound Bites 09.08
September 8th, 2010
No Comments
A daily review of comments from selected officials across the globe and their respective insights into global macro economics as related to the foreign exchange market Written by Jonathan Granby, DailyFX Research Team If you wish to receive Joels reports in a more timely fashion email jskruger@fxcm.com and you will be added to the distribution list.
Price Bubbles Unlikely In Local Stock Market
September 8th, 2010
No Comments
-(Dow Jones)- The Thai stock market rally is unlikely to overheat and lead to price bubbles, a Stock Exchange of Thailand executive said Wednesday.
Kuwait appoints first stock market regulator
September 8th, 2010
No Comments
KUWAIT CITY, Sep 08, 2010 (AFP) – Kuwait has appointed its first independent regulatory body, the Capital Market Authority, to oversee its stock exchange, Commerce Minister Ahmad al-Harun said on Wednesday.
Foreign exchange: Sour Euro dominates market plays – Economy News
September 8th, 2010
No Comments
The British Pound lost ground against the US Dollar yesterday but joined the other major currencies in chipping away at a newly out of favour Euro. At 7 AM in London the Pound Dollar rate is 0.235% higher on the hour …
Reserves near record $50b — BSP
September 7th, 2010
No Comments
Higher foreign exchange inflows and increased prices of gold in the international market pushed the Philippines’ gross international reserves near a record mark of $50 billion at the end of August.
Japanese officials voice concern over economy
September 7th, 2010
No Comments
Talk of intervention in the foreign-exchange markets fails to curb gains in the yen, which hit a 15-year high against the dollar in Asian trading.
Japan’s intervention hints fail to stop yen rally
September 7th, 2010
No Comments
Japan’s government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currency’s strength could threaten the economic recovery.
