Worldwide
Asia Stocks Rise as U.S. Reports Boost Confidence in Recovery; Yen Weakens Asian stocks rose, led by Japanese
car and electronics makers, after reports on fewer U.S. jobless
claims and higher manufacturing boosted confidence in the
recovery of the region’s biggest export market. The yen weakened.
Papandreou Races Against Time to Cut Borrowing Costs as EU Splits on Aid Greek Prime Minister George
Papandreou is racing to secure an explicit pledge of European
aid and cut his country’s borrowing costs as 20 billion euros
($27 billion) of debt comes due in the next two months.
Dai-ichi Pricing at Premium to T&D, Discount to Sony in 2010's Biggest IPO Dai-ichi Mutual Life Insurance
Co.’s initial public offering, the biggest in Japan since 1998,
will value the company’s shares right between its two largest
competitors.
Euro Set for Worst Week Since February Start on Greece Concerns; Yen Slips The euro is set for its biggest
weekly loss since the start of February as concern Greece will
fail to secure financial assistance from the European Union
damped demand for the currency.
Roach Says `Take Out the Baseball Bat' on Krugman Over His Stance on Yuan Morgan Stanley Asia Chairman
Stephen Roach said that Paul Krugman’s call to push China to
allow a stronger yuan is "very bad" advice and that increased
Chinese spending is a better way of reducing trade balances.
Finance Bonds Beating Industrials as JP Morgan Sells Debt: Credit Markets Financial company bonds are beating
industrial debt by the most this year after lagging behind in
February, encouraging investors to snap up new issues from
JPMorgan Chase & Co. and Credit Suisse Group AG.
Google China Pullout Would Be Permanent, `Burn Bridges,' Ex-Executive Says Google Inc. would probably be
unable to return to China should it withdraw from the market
instead of abiding by the country’s censorship laws, a former
executive at the company said.
Obama Delays Visit to Indonesia, Handing First-Mover Advantage to China President Barack Obama postponed a
trip to Indonesia for three months to focus on his health-care
plan, ceding ground to China in seeking trade and investment
opportunities in Southeast Asia’s largest economy.
Rio Tinto Trial Highlights Communist Party Role in China's `Scary' Courts Foreign companies that do business
in China will be tracking the criminal trial next week of Rio
Tinto Group iron-ore chief Stern Hu and three colleagues to see
if politics plays as big a role in any conviction as the
evidence, lawyers said.
Clinton to Meet Putin in Moscow After Urging Delay to Iran's Nuclear Plant U.S. Secretary of State Hillary
Clinton, who’ll meet Russian Prime Minister Vladimir Putin in
Moscow today, urged her hosts to delay plans to bring a nuclear
power station in Iran online.
FEEDBACK
HOME
