Money Market News
- Bharti overtakes Tata in market cap, Mittal surprised Tuesday, January 6, 2009 @ 1:17AMOne day in July 2002, Sunil Bharti Mittal was in a rooftop meeting room at Mumbai’s Oberoi hotel, in the midst of 80 or so journalists, to celebrate Airtel’s launch in the city. He tried to light an oil lamp with a candle, but somebody had put in too much oil.
- Wright County adopts 2009 budget, levy Tuesday, January 6, 2009 @ 1:15AMWith worries about what may be on the horizon at the State of Minnesota deals with a massive budget shortfall of its own, the Wright County Board of Commissioner approved its budget and certified levy at its Dec. 16 meeting.
- (AFX UK Focus) 2009-01-06 07:10 INDICATORS - Czech Republic - January 6 Tuesday, January 6, 2009 @ 1:14AM(last updated on Jan 2 with 2008 state budget) -------------------------------------------------------------------------------
- Franklin County officials to return raises Tuesday, January 6, 2009 @ 1:14AMFranklin County elected officials, including county commissioners, will not keep their cost of living increases for 2009. They pledged to return their 3 percent raises to the county or give the same amount to charity.
- Dealing with a menu full of uncertainty Tuesday, January 6, 2009 @ 1:12AM Cape restaurants struggle through a winter of recession
- Ready? The future is almost now Tuesday, January 6, 2009 @ 1:12AM In 1965, Gordon Moore, an engineer at Fairchild Semiconductor who would later be one of the founding partners in a little shop called Intel, shocked the scientific world when he predicted that the density of transistors on integrated circuits would...
- SEMA OPPOSES FEDERAL â€CASH FOR CLUNKERS†PROGRAM Sunday, January 4, 2009 @ 12:12PMWASHINGTON, D.C. (January 2, 2009) –SEMA, the Specialty Equipment Market Association, is actively opposing an effort by some Congressional lawmakers to include a nationwide “Cash for Clunkers” program in the economic stimulus package currently being considered in Washington.
- Geely Gets 1 Bln Yuan Credit Line From CEB Sunday, January 4, 2009 @ 12:11PMShanghai, January 4, 2009: (Gasgoo.com) China Everbright Bank signed a deal on December 31 with Geely Automobile Holdings Group to provide the automaker a credit line of 1 billion yuan ($147 million), said xinhuanet.com yesterday.
- FACTBOX-German plans for new economic stimulus package Sunday, January 4, 2009 @ 12:07PMNote: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement . Please read our privacy policy and legal disclaimer .
- Top tips on how to handle money in 2009 Sunday, January 4, 2009 @ 12:06PMMANILA, Philippines--The year 2008 has been a challenging year. Oil soared high triggering an increase in prices of commodities from rice and sugar to canned goods and bread.
- Forex Scalping Systems– Choosing the Best For a Regular Income Sunday, January 4, 2009 @ 12:03PMWhile there are many vendors who claim to make a living forex scalping none of them do as it’s a method destined to failure which we will look at in this article.
- Technopreneur with a difference Saturday, January 3, 2009 @ 10:09PMYoung, passionate and brazen, Josh Lim shows that the opportunities are limitless when it comes to the Internet.
- Some cautious hope Saturday, January 3, 2009 @ 10:00PMAfter despair in 2008, invest smartly in 2009. The year 2008 has tested all investors. Besides a steady fall in the equity market, albeit with high volatility in some months, even other asset classes have seen a steady decline.
- (AFX UK Focus) 2009-01-04 03:26 Glance-PRESS DIGEST - British business - Jan 4 Saturday, January 3, 2009 @ 9:59PMSunday Times
- News and Features for Lake Isabella, California Saturday, January 3, 2009 @ 10:13AMWith a Nov. 24 court order that would end stocking the Kern River with non-native rainbow trout, more than 50 people packed into the Kernville Chamber Community Building for the Kern River Valley Revitalization (KRVR) December meeting.
- Hirco investors against promoter kin firm buyouts Saturday, January 3, 2009 @ 10:13AMShareholders of AIM-listed Hirco, an investment vehicle of Mumbai-based realtor Hiranandani group, are threatening to revolt against a possible restructuring of the company that includes acquisition of two firms run by the promoter family, a media report said.
- UPDATE 1-EU takes no side in Russia-Ukraine dispute Saturday, January 3, 2009 @ 10:07AMPRAGUE, Jan 3 (Reuters) - European Union president the Czech Republic said on Saturday it did not intend to become a participant or mediator in gas contract disputes between Russia and Ukraine, but urged both sides to reach an agreement soon.
- PECO Energy to raise natural gas delivery charges Saturday, January 3, 2009 @ 10:07AMAn increase in the rate PECO Energy Co. charges customers for natural gas delivery will increase this week, according to published reports.
- Lohan & Ronson moving to Dubai? Saturday, January 3, 2009 @ 10:04AM Actress Lindsay Lohan and her lesbian DJ partner Samantha Ronson have been house hunting in the glitzy United Arab Emirates paradise of Dubai in a bid to beat the cameras. The pair reportedly fell in love with glamorous Palm Island resort after Ronson performed at the nearby luxurious Atlantis Hotel last year, according to British tabloid the Daily Mirror . And the Mean Girls star is ...
- Banks: Short-term boost Saturday, January 3, 2009 @ 10:02AMUntil the economy starts gaining momentum, the core business of banks will remain under pressure. By reducing the reverse repo rate to 4 per cent the central bank is making it unexciting for banks to park their surpluses with it.
- Rob Samouce: Unit owner collecting rent but not paying association assessments Saturday, January 3, 2009 @ 10:01AMAs a result of the real estate market downturn, there are many condominium and homeowners not paying their association assessments or mortgage payments, but still benefiting from association services. Under their free ride, they continue to live in their unit or place renters in same, while they wait to be ousted by foreclosure.
- FACTBOX-Countries affected by Russia-Ukraine gas row Saturday, January 3, 2009 @ 9:53AMROMANIA - Economy Minister Adriean Videanu said Russian gas supplies remained around 30 percent lower on Saturday than the average daily level before the Ukrainian-Russian gas row, but Romanian consumers had not been affected as gas had been drawn from storage facilities to make up the shortfall.
- Up to 1400 retailers expected to collapse during 2009 Friday, January 2, 2009 @ 2:09AMUP TO 1,400 retailers are expected to go under this year, after the battered sector suffered its worst December for 30 years.
- What Haynesville Shale has in store in 2009 Friday, January 2, 2009 @ 2:09AMLately when it comes to the Haynesville Shale, the only thing most Shreveporters want to know is: What happened to it?
- The Comet Friday, January 2, 2009 @ 2:09AMSTEVENAGE lad Lewis Hamilton took the world Formula 1 title. The 23-year-old former Peartree and John Henry Newman pupil realised his ultimate dream in a nail-biting last race of the season in Sao Paulo. A family friend and former neighbour said: "The whole of Stevenage is proud of Lewis.
- REFLECTIONS OF 2008: Up To The Minute And Right On The Dollar Friday, January 2, 2009 @ 2:08AM*“Up to the minute and right on the dollar;” that describes my year 2008. There was no extra on anything and no grace period. Everything seemed to stop right on the dime.
- Cold cows eat ranch profits Friday, January 2, 2009 @ 2:08AMThe fourth-coldest December on record is hitting Montana ranchers hard as feed costs nip at pocketbooks already chilled by shrinking beef payments.
- Birthday bash-up Friday, January 2, 2009 @ 2:07AMThe investigation of the murder of Uttar Pradesh Public Works Department (PWD) engineer Manoj Gupta produces murkier evidence by the day, following the initial revelation that Bahujan Samaj Party MLA Shekhar Tiwari and a group of five men were at the engineer’s house the night he died, the charge being that they pretty much beat Gupta to death.
- UPDATE 1-Singapore cuts 2009 outlook as recession deepens Thursday, January 1, 2009 @ 7:20PMSINGAPORE, Jan 2 (Reuters) - Singapore on Friday cut its economic outlook for 2009 after reporting a worse-than-expected fourth quarter performance as manufacturing contracted and services sector slowed amid the global economic crisis.
- Cuba celebrates revolution’s 50th anniversary Thursday, January 1, 2009 @ 7:18PMSANTIAGO, Cuba (AP) — Fifty years after triumphant armed rebels descended from the eastern mountains, communist Cuba celebrated the revolution’s anniversary Thursday with toned-down festivities following a trio of devastating hurricanes and under the enduring public absence of an ailing Fidel Castro.
- CFA not to hold exams in India this year Thursday, January 1, 2009 @ 7:16PMAround 6,000 candidates from India, who are appearing for the Chartered Financial Analyst (CFA) exams this year, will have to spend their own money to go abroad and appear for the exams since the US-based institute has decided not to hold the exams in India this year.
- If funds wash away , so could beach plans Thursday, January 1, 2009 @ 7:16PMIndialantic and Melbourne Beach could see thinner shores in 2009 if state tax dollars to dredge and haul beach sand continue to erode along with the housing market.
- Govt, RBI start work on new mechanism for financing NBFCs Thursday, January 1, 2009 @ 7:15PMThe government is considering setting up a special purpose vehicle (SPV) for financing of non-banking finance companies (NBFCs) following the reluctance of banks and mutual funds to make available funds for the sector.
- A Decisive Year for Yar’Adua Govt Thursday, January 1, 2009 @ 7:15PMThe Polity, By Yusuph Olaniyonu. Email: yusupholaniyonu@thisdayonline.com, 01.01.2009 A new year began yesterday. I want to start this piece by wishing the readers of this column a Happy New Year. I have a lot of hope that the new year will witness so many developments in our country.
- Royal Bank, Manulife Lead Surge in Canadian Stock Offerings Tuesday, December 30, 2008 @ 2:09PMDec. 30 (Bloomberg) -- Royal Bank of Canada and Manulife Financial Corp. led a surge in Canadian equity offerings in December, helping counter the worst year for new stock sales since 2005.
- Google and the Desktop Linux Experiment Tuesday, December 30, 2008 @ 2:08PMLinux on the desktop faces some nasty realities in 2009, including a vastly improved Windows 7, an increasing use of the MacOS, and a broader move by Google with their proprietary Linux solution currently called Android.
- Who’s minding the CEOs? Tuesday, December 30, 2008 @ 2:06PMIt was Friday, Nov. 21, and Citigroup Inc.’s shares had plunged 51 percent in four days. Vikram Pandit, chief executive officer of the American banking icon, with 350,000 employees and billions of dollars in souring assets, was on the phone with Federal Reserve and Treasury officials.
- Patriots have more free time to think about QBs Brady and Cassel Monday, December 29, 2008 @ 8:17PMFor only the second time since the turn of the young century, the New England Patriots have time on their hands in January. All of January, in fact.
- Gold shoots up by Rs 280 on Indo-Pak showdown Monday, December 29, 2008 @ 8:17PMStandard gold jumped 2 per cent or Rs 280 in the Mumbai bullion market today as political crisis in South East Asia and higher oil prices spurred demand, raising the metal’s claim as a safe haven investment.
- The Companies You Keep Monday, December 29, 2008 @ 8:13PMConsumers can tell a lot about what a company stands for aside from its corporate values. A new study by MS&L, conducted in partnership with GfK Roper, examines some of the corporate values consumers today find most important and the effects of such perceptions on maintaining long-term business.
- Court asks Rahul Bajaj to compensate minority shareholder Monday, December 29, 2008 @ 8:11PMA day before the settlement of the six-year-old Bajaj family dispute, the Mumbai High Court has asked Rahul Bajaj, the family patriarch and chairman of Bajaj Auto, to compensate the Pittie family, a minority shareholder in group investment firm Bachhraj & Company.
- Investors lose their shirts in meltdown Monday, December 29, 2008 @ 8:10PMWelcome to the club of growing millions who have seen their hard-earned savings vanish into thin air in the market meltdown.
- New Game Awaits Humbled Hedgies Monday, December 29, 2008 @ 2:51PMEven so, and though their numbers might shrink in the coming months, the surviving hedge funds could emerge stronger than ever.
- Buffett Wins $224 Million Storm Bet With Florida (Update2) Monday, December 29, 2008 @ 2:50PMDec. 29 (Bloomberg) -- Billionaire Warren Buffett ’s Berkshire Hathaway Inc . won a $224 million bet with Florida after the state sidestepped major damage from hurricanes this year.
- Democrats May Curtail Minimum Tax on Municipal Bonds (Update1) Monday, December 29, 2008 @ 2:50PMDec. 29 (Bloomberg) -- Congressional Democrats are seeking to expand funding for airport runways, housing projects and sewage-treatment plants through a new tax break for municipal bondholders.
- U.S. Stocks Drop as Dow Chemical, Rohm Overshadow Energy Gains Monday, December 29, 2008 @ 2:50PMDec. 29 (Bloomberg) -- U.S. stocks fell the most in a week as Dow Chemical Co. and Rohm & Haas Co. plunged after funding for their merger fell through, raising concern companies may be unable to complete deals as financing disappears.
- Rupee ends flat, closes at 48.42 Monday, December 29, 2008 @ 2:47PMThe rupee recouped all losses against the dollar to end slightly up because banks sold the greenback noting the intra-day reversal in local shares amid thin volumes, dealers said.
- Real estate players bank on CPs Monday, December 29, 2008 @ 2:46PMIndian real estate and other manufacturing companies have stepped up borrowings through issuances of commercial papers (CPs) after the country’s central bank injected liquidity by cutting cash reserve ratio and as banks continue to shy away from extending loans.
- Dougherty: Packers need to improve defense line to get better next season Sunday, December 28, 2008 @ 4:42AMIts not too difficult to see what ails the Green Bay Packers.
- Office builders taking a break Sunday, December 28, 2008 @ 4:39AMThe construction boom that delivered multimillion-dollar deals and behemoth developments to Greater Cincinnati and Northern Kentucky in 2008 could end with a bust in 2009, local industry experts say.