Hasbro's First-Quarter Loss Widens on Restructuring Charge
Hasbro says its first-quarter loss widened as the toy maker absorbed heavy restructuring charges and foreign exchange rates flattened its international revenue.
foreign exchange
A New Way to Bet on China: Open a Renminbi Bank Account
China's economy is booming, and Western nations are increasing their demands that its currency be allowed to rise to its natural value. Who knows if that will happen, but if you want to bet that it will, the Bank of China just made it easier: Now, Americans can open renminbi-denominated accounts.
Why Japan Is Rushing to Aid Europe: It's All About China
World markets got a boost this week from Japan's pledge to help overly indebted EU nations. What's behind Japan's move? Sure, the spirit of global cooperation is part of it. But much more significant is Tokyo's need to keep pace with Beijing in the influence game.
What Happened to the 'Plan' to Devalue the Dollar?
No matter what Ben Bernanke actually intended, the central bank's latest push to inject money into the economy isn't resulting in a cheaper buck. And Europe's woes aren't all that's conspiring against it -- a slew of other factors are also at play.
