Saudi spending on track despite euro crisisSaudi Arabia will feel only a limited impact from the euro zone debt crisis and will not cut spending even if there is a fall in oil prices, the main source of revenue for the world's leading producer, Saudi officials said on Tuesday. &n More… |
Dollar hits 3-1/2 month high vs yenThe dollar hit a fresh 3-1/2-month high against the yen on Wednesday and was seen extending its recent gains as the Bank of Japan's easing steps the day before helped trigger more stop-loss buying. On top of the BOJ's expansion of More… |