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The dollar pulled off a new 15-month low in late trading Wednesday after the euro rose above $1.50, while Treasury Secretary Timothy Geithner reiterated the administrations stance that a strong dollar is good for the U.S. economy.

World stock markets rose Wednesday as investor appetite for riskier assets such as shares and commodities remained strong, pushing many indexes up towards their highest levels this year.

The Bank of England raised its forecasts for economic growth and inflation on Wednesday, but warned that Britains economic recovery is just beginning and that its strength remains highly uncertain.

NEW YORK—-Our Investment Themes: Move past the crisis Position for this economic recovery Seek diverse exposure to Asian economic growth Short-term interest rates are likely to remain very low for a long time, but longer-term yields will likely start rising sooner

Taiwan has banned foreign investors from placing money in certain bank accounts, the latest move by developing countries to slow an influx of international hot money created by massive government stimulus measures around the world.

China said on Wednesday it will consider major currencies in guiding the yuan, suggesting a departure from an effective dollar peg that has been in place since the middle of last year.

The euro was nearly unchanged against the dollar Wednesday as Asian markets rose and investors appeared to continue their pause in their sell-off of the American currency, which was hit earlier in the week by expectations that U.S. interest rates will be left low for some time.

The dollar rout paused Tuesday, with the euro hovering just short of $1.50 as stocks zigzagged. Over the weekend, the worlds leading economies agreed to keep stimulus measures in place, while the Group of 20 finance ministers failed to make a statement on the U.S. currency.

CAMDEN, N.Y.—-International Wire Group, Inc. today announced its results for the third quarter and first nine months ended September 30, 2009. Third quarter operating income for 2009 was well above the second quarter 2009 level due to improved plant utilization and operating efficiencies and a slight increase in pounds shipped, but was below the third quarter 2008 level due to continuing recessionary conditions in the U.S. and Europe.

DUBLIN—-Research and Markets has announced the addition of the Commercial Insight: Antidiabetics in Australia – Reimbursement Status Shapes Novel Classes report to their offering.