Typhoon Soulik stopped the fishing and airline activity in the island territory of Taiwan and nearby Chinese provinces.
Industry
CLS Bank announces record volume this year
CLS Bank announced record breaking volume transactions through its system. The globe's largest currency trading settlement system, the CLS Bank, had announced it managed an average of US$5.
Canadian dollar fluorishes amidst crisis
While many currencies have floundered, the Canadian dollar has provided great returns to investors. As the recent weeks have showed, many global currencies have been buffetted by volatile trade as well as the uncertainty as to the next decision of the US Federal Reserve as to its stimulus programs.
SF hospital announced Asiana's 3rd fatality
According to San Francisco General Hospital, a child died due to critical injuries sustained in the Asiana accident.
Obama urges fast action on immigration overhaul
US President Barack Obama urged the House of Representatives to act quickly on the immigration reform plan.
Latest News
Asiana airlines' accident affected the technology industry The Asiana Airlines accident halted more than just flight bookings or travel package reservations.
The Indian currency slowly depreciated amid the volatile investment atmosphere. In response to the slowly depreciating rupee, the government of India is looking at any possible options available to them, said the country's Chief Economic Adviser Raghuram Rajan.
The US Fed Reserve's stimulus contraction affected the rupee-dollar trading. The Indian investment industry experienced an extremely volatile environment this week.
CFTC was close to a compromise on how the regulator's rules applied to foreign corporations dealing with banks in the US.
Sci-fi flick Pacific Rim reported high numbers on its opening day, especially in Asia. Guillermo del Toro's science fiction movie 'Pacific Rim' joined the three-way race for the number one spot in this week's Hollywood blockbuster ladder.
After the speech of Ben Bernanke, stocks surged. After delivering his anticipated speech last Wednesday, Ben Bernanke seemed to be the extra fuel that the stock market engine needed to go full blast.
The European Commission proposed the creation of a new agency that would close and revamp failed banks.
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
The increase in interest rates and decrease in stock price took off the glow in consumer sentiment. In early July, fears regarding increasing interest rates and decreasing share costs dinged US consumer sentiment.
