The dollar slumped against the majors, falling to 1.5884 versus the euro and declining closer to the 100-level against the yen. The catalyst for the latest move lower was comments from the G7 Finance Ministers meeting over the weekend. The

CEP News) - Federal Reserve Governor Kevin Warsh (voter) said rate cuts and liquidity injections are working to partially offset the impact of the current market turmoil, but cautioned that there are limits to what the Fed's monetary policy can

CEP News) - A major threat to global growth is the rapid rise witnessed in commodity prices, said European Union Economic and Monetary Affairs Commissioner Joaquin Almunia.

CEP News) - Fed Governor Kevin Warsh (voter) said rate cuts and liquidity tolls are working to partially offset the impact of the credit pullback on the economy, but said there are limits to what the Fed's monetary policy can

CEP News) - Fixed income and stock markets made little headway in either direction on Monday as a small improvement in retail sales competed with an unexpectedly bleak profit report from Wachovia. The Canadian dollar got a boost from higher

CEP News) - On Tuesday, markets will be paying attention to inflation data from the UK with the release of the CPI report for March. In Europe, the German ZEW survey will be the key economic release.

CEP News) - The RBA will be in the spotlight Monday evening with the release of the minutes from the March meeting. On Tuesday morning, markets will receive Japan Tokyo condominium sales.

Comments from the G7 meeting led to a US dollar rally early morning, but the appreciation was short lived as market participants cut bets of an intervention by the central banks. As a result, the US dollar picked up the

CEP News)- European Central Bank President Jean-Claude Trichet said the global economy is currently in a period of high uncertainty and that it is "not a time for complacency."

CEP News) - Economists will be looking for confirmation of the Reserve Bank of Australia's likely "wait and see" stance on monetary policy when minutes from the bank's April rate decision meeting are released tonight.

The US markets had a "hurry and up wait" feel today as the dollar was stronger against most, except against the commodity currencies such as Canada, Australia, and New Zealand. This is likely a result of NYMEX crude oil for

While Bluetooth has been in the market for almost a decade, it has not proliferated widely in Asia. In terms of consumer awareness, this region still lags behind others. However, the picture is changing, especially when it comes to cellular

While a large number of phones today still use browsers with very limited web browsing capabilities, many smartphones are incorporating browsers that support the latest capabilities such as AJAX and RSS, as well as websites optimized for viewing on a

Uganda's exports exceeded a billion dollars in 2007 but growth, say experts, is largely driven by sheer luck and is not matched by robustness in the economy.

The service could pose a formidable challenge to Microsoft's efforts to establish itself in the SMB applications market, which remains widely fragmented.

While the integration of Salesforce and Google Apps builds on work of its predecessors, it also represents a fundamental departure from most of those previous integration efforts.

Microsoft has leapt into the brawl surrounding a recent proposal by the Federal Trade Commission to tighten restrictions on online advertising, responding with its own five-tiered plan for self-regulation. In December, the FTC released a set of proposed principles to

Phil Hester has exited the chief technology officer post at Advanced Micro Devices, according to reports, and he won't be replaced. The Sunnyvale, Calif.-based manufacturer of computer processors, which reported more than $6 billion in revenue in 2007 and trails