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- Azeri bank sells stake to UK investment fund
Reuters - Thu 7:28 am
BAKU, May 14 (Reuters) - Azerbaijan's leading commercial bank Azerigasbank has sold a 10 percent stake to Britain's Kazimir Investment Caspian Fund for $8.4 million, a spokesman for Azerigasbank said on Wednesday.
- US STOCKS-Wall St extends gains as inflation worry ebbs
Reuters - Thu 6:47 am
NEW YORK, May 14 (Reuters) - U.S. stocks extended gains on Wednesday, sending the Dow and the Nasdaq up 1 percent, as government inflation data eased concerns the Federal Reserve might have to raise interest rates.
- US STOCKS-Tamer inflation data lifts market
Reuters - Thu 6:23 am
NEW YORK, May 14 (Reuters) - U.S. stocks rose on Wednesday after government data showed that consumer prices grew less than expected in April, taking pressure off the Federal Reserve to raise interest rates and improving the outlook for profits.
- India's SBI, GE Money JV adds consumer finance
Reuters - Thu 5:46 am
MUMBAI, May 14 (Reuters) - State Bank of India , the country's top lender, and General Electric Co's GE Money will provide more consumer financial services, the two companies said on Wednesday, to tap rising incomes.
- Struggling Shinsei turns to "visionary" chief, 79
Reuters - Thu 5:03 am
TOKYO, May 14 (Reuters) - Japan's struggling Shinsei Bank will once again turn to clean-up man Masamoto Yashiro, bringing back the 79-year-old former chief executive who famously transformed a bankruptcy into a Western-style bank.
- Funds regain risk appetite, boost stocks, cut cash-Merrill
Reuters - Thu 4:30 am
LONDON, May 14 (Reuters) - Investors regained risk appetite in May, reducing cash and buying stocks for the second consecutive month, while inflation overtook slowing growth as their biggest fear, a survey showed on Wednesday.
- NICKEL-Major market developments in April
Reuters - Thu 4:21 am
LONDON, May 14 (Reuters) - Rising supply, high stocks and lower than expected consumption from the key stainless steel industry point to weaker nickel prices in the coming months, analysts say.
- China earthquake could cost $20 bln, says AIR
Reuters - Thu 2:14 am
LONDON, May 14 (Reuters) - The cost of the devastating earthquake in China, which killed nearly 15,000 people, is likely to exceed $20 billion, according to leading disaster modelling firm AIR Worldwide.
- IMF chief sees no global recovery before '09
Reuters - Thu 2:03 am
JERUSALEM, May 14 (Reuters) - The International Monetary Fund (IMF) does not expect the global economy to recover before 2009 even though a "large part" of the financial crisis may be over, its chief Dominique Strauss-Kahn said on Wednesday.
- IMF chief says sees no global recovery before '09
Reuters - Thu 12:32 am
JERUSALEM, May 14 (Reuters) - The International Monetary Fund (IMF) does not expect the global economy to recover before 2009, its chief Dominique Strauss-Kahn said on Wednesday.
- BUPA gets final OK for A$2.41 bln Australia deal
- China's Giti Tire plans $500 mln HK IPO- sources
- Thai Minor plans up to $310 mln bonds late 2008
- Mori Trust Sogo Reit-6mth results
- Trust-2007/08 parent results
- Trust-2007/08 group results
- S&P upgs 51 classes of Tokai Labour Bank series 4 RMBS
- Taiwan exchange eyes launch of sharia fund in H2
- Deals of the day -- mergers and acquisitions
- PREVIEW-Big Japan banks set for profit rebound but growth tepid
- SEBI revises payment process for IPOs, rights issue
- Tax rebate won't stem U.S. recession - Merrill
- 475 Milk Centres Set up for Poor in Pakistani Provinces
- StanChart sets guidance on dollar preference shares
- NZ's Kiwi Income Property year profit up 4.9 percent
- Budget will help cap interest rates: Australia PM
- REFILE-US STOCKS-Oil, financials hit Dow; techs lift Nasdaq
- US STOCKS-Oil price, financials hit Dow; techs lift Nasdaq
- US STOCKS-Dow ends down with oil near $127, Fed sees trouble
- US STOCKS-Dow cuts losses after Fed speaker comments
- US STOCKS-Oil price, financials weigh on Dow; techs flat
- US STOCKS-Nasdaq turns higher; Yahoo gains
- US STOCKS-Oil price, Hewlett-Packard hurt market
- US STOCKS-Wal-Mart, Hewlett-Packard weigh on market
- Blackstone launches new Asia-focused hedge effort
- US STOCKS-Futures lower on banks, Wal-Mart
- Japan blocks TCI attempt to boost J-Power stake
- PIMCO enters Taiwan via Allianz tie-up
- FACTBOX-Main points of Nissan's 5-year business plan
- Taiwan dollar ends lower on fund outflows
- Manila's Ayala Land to issue $94 mln peso bonds
- Lloyds TSB sets guidance on euro-, dollar secs
- Market Chatter -- Corporate finance press digest
- S.Korea suspends State Street forex business
- Baring Asia raises $1.52 bln private equity fund
- Japan commodity fund value hits new low in April
- Australia's Alumina to raise $300 mln in convertibles
- StanChart picks banks for hybrid issue -source
- Singapore buys $400 mln stake in energy infrastructure firm
- Alumina to raise $300 mln in convertible bonds
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