G7 backs bigger forex role for IMF.
Byline: TAMAWA KADOYA WASHINGTON, Apr. 23 (Reuters) a" Finance chiefs from rich nations on Friday welcomed a bigger role for the International Monetary Fund as a global currency watchdog at a time of heightened anxiety about a potential dollar fall, according to a draft of the officialsa...

Business sentiment remains upbeat -- BSP.
Byline: LEE C. CHIPONGIAN Business sentiment is still positive for the second and third quarters since they generally believe "better times" are ahead, a central bank survey said. The latest Business Expectations Survey -- a quarterly survey conducted by the Bangko Sentral ng Pilipinas said...

NEDA urged to aim for higher growth.
Byline: LEE C. CHIPONGIAN After announcing within-target first quarter gross domestic product growth of 5.5 percent yesterday, politicians told Socioeconomic Planning Secretary Romulo L. Neri to be more ambitious and aim for a higher economic growth in the range of seven percent for the year. ...

Re opens weaker in early trade.
Rupee opened the day at 45.78/80 levels weaker than the previous day close at 45.73 but rupee might be helped by accumulated dollar inflows after the previous day's holiday, however sentiment will be wary as the dollar steadied against major currencies. Rupee has opened above 0.11 percent...

Hopes of strong dollar boost forward premia.
MUMBAI: The cost of hedging against foreign currency risks has seen a sudden rise. A spurt in short-term yields, coupled with tightening of liquidity conditions and importers purchasing the greenback to cover open positions have caused a sharp rise in forward premia. Even as the rupee grew...

India to be 3rd largest economy in '06.
Byline: CHIDANAND RAJGHATTA WASHINGTON: India will become the world's third largest economy by equalling or surpassing Japan sometime this year - much earlier than previously projected - according to a new forecast. Measured in Purchasing Power Parity terms (PPP), the Indian economy will eclipse the...

2007 North American International Auto Show Economic Impact Projected Between $540 to $550 Million.
DETROIT, Dec. 13 /PRNewswire/ -- The economic impact of the 2007 North American International Auto Show (NAIAS) is projected to be consistent with last year, reaching between $540 - $550 million, said David Sowerby, C.F.A., portfolio manager and chief market analyst at Loomis Sayles & Co. (Logo:...

U.S. Paperboard Box and Container Market Stagnates at $42 Billion!
NEW YORK, Nov. 9 /PRNewswire/ -- Increasing energy costs, natural disasters and rising imports from China are just a few of the factors flattening the U.S. paperboard box and container market supply, according to a new market research report from Specialists in Business Information (SBI), a division of MarketResearch.com....

Dydacomp's SiteLINK Merchants Exceed comScore Benchmark for Holiday Sales.
- SiteLINK Users Show 32% Increase Over Same Period Last Year - TOTOWA, N.J., Dec. 14 /PRNewswire/ -- Dydacomp, a leading provider of ecommerce solutions for multichannel merchants, announced today that users of its SiteLINK ecommerce hosting service have outperformed the comScore Networks retail statistics for the...

Swonk Releases Annual Outlook Edition: Economy Forecast to Uphold Bull Market in '07.
CHICAGO, Dec. 8 /PRNewswire/ -- "The expansion officially celebrated its fifth birthday in November and, almost on cue, slowed ... dramatically. Real GDP growth moved from a red-hot 5.6% pace in the first quarter to less than to 2% in the current quarter. This should come as no surprise...