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08/14/09 - Daily Forex Market News from cmsfx.com

Tags : Pinoy forex trading finance currencies news economy fx foreign exchange dollar euro yen pound

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08/14/09 - Daily Forex Market News from cmsfx.com
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by : FlipBooth on Aug 14, 2009
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Video Description for 08/14/09 - Daily Forex Market News from cmsfx.com

08/14/09 - Daily Forex Market News from cmsfx.com
Decline in Consumer Confidence Increases Risk Aversion, Boosting Yen and Greenback
Friday - August 14th, 2009
Recap: A weak US consumer confidence report pressured high-yielders in today's trading.

News Provided by CMS Forex
http://www.cmsfx.com
Newscaster: Nick Nasad

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08/14/09 - Daily Forex Market News from cmsfx.com

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News Report:


Boeing to detail Dreamliner battery fix in Tokyo

TOKYO -Senior Boeing executives are to be the first public statement of a prototype battery fix Dreamliners for the company is founded in Japan on Friday after the US authorities approved test flights.
Raymond Conner, CEO of Boeing Commercial Airplanes, and Mike Sinnett, head of the Boeing 787 program, are scheduled to hold a press conference in Tokyo from 10: 00 am (0100 GMT), the company said on Thursday.
"Boeing executives will be in Tokyo to particulars on the proposed permanent solution to the issue of the 787 battery," the company said in a brief statement.
The worldwide grounding of Dreamliners has thrown schedules in disarray, especially in Japan where All Nippon Airways, the largest operator of the aircraft, is forced to cancel more than 3,600 flights at the end of May.
The planned Conference, which will be webcast live, comes after the u.s. Federal Aviation Administration Tuesday Boeing plan for the 787 batteries approved and the company said test flights with the difficult situation.
The FAA said it had given the green light after "thoroughly review" Boeing 22 February plan to address risks after lithium-ion batteries on two faulty 787 Dreamliner aircraft in mid-January.
A short circuit started a fire on a parked 787 at Boston Logan Airport and non-forced an emergency landing in Japan of a battery.
The incidents led to the grounding of all 50 787s in service around the world on January 16.
The US aircraft giant, which has bet heavily on the light aircraft at a time when airlines like fuel costs slash, desperately wants to get it back in the air.  — Agence France Presse





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