Suntech Power Holdings Co., Ltd. (NYSE: STP ) has arrived at a new historic high point with the recent opening of the first and largest hi-tech photovoltaic module testing laboratory at its headquarters in Wuxi, China, the company confirmed Thursday.

EMCORE Corporation (NASDAQ: EMKR ) revealed on Tuesday that it recently cut a close to $5 million deal to manufacture, test, and ship solar panels for a spacecraft for the Global Precipitation Measurement (GPM), a satellite-based science mission of the

Discover Financial Services (NYSE: DFS ) share price took off for a ride on Thursday, adding nearly 10% shortly after the market opened. Grim market condition and distrust in successful banking sector recovery doesn't seem to have slowed down the

Satcon Technology Corporation (NASDAQ: SATC ), which manufactures utility scale distributed power systems for the alternative energy industry, recently declared that it completed the installation of four of its 250 kilowatt (kW) PowerGate(R) Plus inverters at the State of Florida's

22 US banking corporations saw their stocks plummeting on Wednesday, as S&P rating services downgraded their credit ratings. The key reasons for such a demotion are tightening regulations and rising market volatility, which create uncertainty and call for additional security

Risk was back on the table today with stock markets pushing higher both in Asian and in Europe. The AUD has benefitted from this sentiment, though in choppy conditions AUD/USD has failed to push beyond 0.8065. NZD/USD has also rallied

In Currencies: The EUR/USD continues to consolidate within the 200 pips range of 1.38 to 1.40 with reported sovereign names on each end of the bounders. Euro was initially firmer after EU draft statement noted 'sustainable' recovery in the Euro-Zone.

Overall, the currency market traded almost flat during the Asian session, but re-entered in risk aversion mode during the European session. The dollar was able to strengthen compared to the major currencies even while the European markets traded in the

Since I penned my Comdol falling off a BRIC wall piece the other day, the commodity currencies and oil have of course rallied nicely - they didn't follow the plan. But, hope springs eternal in the world of investing, and

The USD traded broadly higher in the Asian session after a stronger move in early trading. According to Reuters, the British Bankers' Association (BBA) stated that it would allow more financial institutions to take part in the daily survey, which

USD and the JPY are trading lower as global equity markets rise, investors take on more risk and recent economic data suggests that the global economy is stabilizing, Thursday the US reported that continuing jobless claims fell for the first

The yen and dollar are down against riskier rivals Friday morning after market sentiment picked up on stronger crude and equities. However, trading has been volatile and largely range bound, indicative of the market's uncertainty ahead of next week's Federal

Neither the Fed, the Bank of England or the Bank of Canada can or plan to exit their quantitative easing policies any time soon. Thursday's recovery in European & US bond yields is a stark reminder of the continued undoing

The latest US economic data will maintain some optimism that the economy can continue to improve in the short term. With risk appetite firmer, defensive demand for the dollar will tend to be lower. The negative dollar impact will be

In yesterday's opening commentary we questioned whether investors needed to get some "dollar-bashing out of its system" following a sharper than expected rebound in the Philly Fed gauge of manufacturing prospects - a widely followed indicator of future activity. At

Overhaul financial regulation"; European Union leaders decided after sealing their summit that actions must be taken in order to control the financial system, setting rules and regulations that could spread out peace and tranquility after the US sub-prime mortgages spotted

Canadian retail sales slumped in April, marking the first month in four that sales fell. Sales dropped 0.8%, defying forecasts for a 0.1% increase. In volume terms, sales were also weaker, falling by 0.6%, which largely reversed March's 0.7% increase.

A very calm day for U.S. markets as the lack of fundamentals encouraged investors to extend yesterday's rally amid optimism over the outlook for the world's largest economy after the upbeat data released yesterday signaling the recession is indeed fading

In currencies, the greenback maintained a tone of consolidation tone during the New York session despite firmer equities, with EUR/USD unable to capitalize on higher gold or oil prices. CAD retraced its earlier strength and moved above the 1.13 level

USD traded lower Friday pressured by higher risk appetite as global equity markets rise. Equity markets were supported by improving global economic outlook. There were no major economic reports released in Friday's trade and the improvement in risk sentiment was