Realtime Foreign Exchange › Euro/US Dollar (FOREX:EURUSD)
1.35486 -0.00371 (-0.27%)
2013-12-05 09:27:00, 0 min delay
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Today's Financial News
11 hours ago
SEOUL, South Korea (AP) — South Korea's economy expanded at its fastest clip in nearly two years during the third quarter as construction and capital expenditure offset weak growth in exports. From the previous quarter, Asia's fourth-largest economy expanded 1.1 percent, the same rate as the previous three months. The figures underlined that South Korea's economy is on track for a modest recovery. Quarterly growth had been less than 1 percent for eight quarters until picking up in the April-June quarter this year.
12 hours ago
NEW YORK (AP) — It's sometimes called highway hypnosis or white-line fever, and it's familiar to anyone who has driven long distances along a monotonous route. A man driving a Metro-North Railroad commuter train that went off the rails Sunday in New York, killing four passengers, experienced a momentary loss of awareness as he zoomed down the tracks, according to his lawyer and union representative, who called the episode a "nod," a "daze" or highway hypnosis.
12 hours ago
JUNEAU, Alaska (AP) — The state is expecting nearly $2 billion less in oil and gas production taxes this year, which Revenue officials say has more to do with lower-than-expected oil prices and declining production than with the new oil tax law. Revenue Commissioner Angela Rodell said lower oil prices are expected to continue having the largest impact on the state's revenue picture. The forecast is based on an Alaska North Slope oil price of $105.68 a barrel for this fiscal year, which ends June 30, and $105.06 a barrel in fiscal 2015. Last spring, the department forecast oil prices of $109.61 a barrel for the current year and $111.67 for 2015.
13 hours ago
SEOUL, South Korea (AP) — South Korea's economy expanded at its fastest clip in nearly two years during the third quarter. Bank of Korea said Thursday that the economy grew 3.3 percent over the same period a year earlier, the fastest rate since the fourth quarter of 2011. From the previous quarter, Asia's fourth-largest economy expanded 1.1 percent, the same rate as the previous quarter. Before March, South Korea's economy expanded less than 1 percent for two years.