New York Stock Exchange and German Rival Merge

(Eric Thayer/REUTERS)

So the rumor about the merger between the New York Stock Exchange and Germany’s largest stock exchange turned out to be true. On Tuesday, NYSE Euronext and the Deutsche Borse announced they were merging. The deal will create the largest stock exchange in the world. It may also create more volatility in the market …

Is the Chinese yuan becoming a rival to the dollar?

Well, not just yet. China’s controversial currency, the yuan or renminbi (RMB), is still too tightly controlled to be a major factor in international markets. But at the same time, Beijing has made a surprising amount of progress in recent months in its aim of internationalizing its currency. The yuan is showing up a lot more often in …

Is China facing a Japanese future?

So it’s official. China has become the second-largest economy in the world, overtaking Japan. Based on Japan’s 2010 GDP results, released on Monday, China’s economy is about 7% bigger. China’s ascension to No.2 (behind the U.S.) is yet another sign of the shifting fortunes of Asia’s two great economic powers, and yet another …

The Secret Way to Free Cell Phone Calls

“If you’re willing to go to the trouble of dialing your own number, waiting for the prompt, hitting 2, and then dialing the number you really want, then, yes, you get a free cellphone call. You’ll never be billed for any minutes at all.”

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