In January 2007, the Renminbi Pressure Indicator (RPI) increased by 1.33 percent, the largest month-to-month increase since the initial revaluation in July 2005. China's foreign exchange reserves rose to US$1.1 trillion.
The Nasdaq Stock Market, Inc. reported first quarter 2007 net income of $18.3 million, or $0.14 per diluted share, an increase of $0.3 million from $18.0 million, or $0.16 per diluted share, in the first quarter of 2006.
A total of € 285.3 million of EU farm payments unduly spent by Member States will be claimed back as a result of a decision adopted by the European Commission. The money returns to the Community budget because of inadequate control procedures or non-compliance with EU rules on agricultural expenditure.
Ministers discuss sustainable energy supply for Europe and its southern and eastern neighbours. As awareness grows of humankind's hand in climate change, the question of how Europe and its neighbours are to ensure a secure supply of energy in future has become the focus of increasing public attention. The German government has made energy one of the major issues of its EU Presidency.
Improved EU-wide cooperation between customs authorities has led to an increase in the number of dangerous consumer products - from teddy bears to hairdryers, cleaning sprays, mini-motorbikes, cigarette lighters and ski boot bindings - removed from the EU market last year. The Annual (RAPEX) Report on dangerous consumer products published by the European Commission shows that toys took over from electrical appliances as the product category most often notified.
In response to the growing interest of professional and individual investors in its exchange-traded funds, Euronext is adopting a new classification for its NextTrack segment dedicated to trackers and active ETFs.
Fitch Ratings says in a quarterly report that at the end of Q107, 16.3% of global bank ratings were assigned Positive Outlooks, the highest level recorded since the report began. This increase was driven by emerging markets where a number of banks benefited from changes to their sovereign Outlooks.
CBOT Holdings, Inc., holding company for the Chicago Board of Trade, announced record quarterly earnings and revenues. Net income was $55.4 million, or $1.05 per diluted share, for the first quarter ended March 31, 2007.
Median weekly earnings of the nation’s 105.9 million full-time wage and salary workers were $693 in the first quarter of 2007, the Bureau of Labor Statistics of the U.S. Department of Labor reported.
