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- China currency must rise further, faster-IMF chief
Reuters - Thu 8:00 am
WASHINGTON, May 7 (Reuters) - China's currency has strengthened against the dollar but needs to rise further and faster, International Monetary Fund chief Dominique Strauss-Kahn said on Wednesday.
- China currency must strengthen faster-IMF chief
Reuters - Thu 7:18 am
WASHINGTON, May 7 (Reuters) - International Monetary Fund chief, Dominique Strauss-Kahn, said on Wednesday China's exchange rate has increased against the dollar, but needs to rise further and faster.
- REFILE-UPDATE 1-Merrill's Thain: U.S. credit crisis easing
Reuters - Thu 4:56 am
MUMBAI, May 7 (Reuters) - The U.S. credit crisis is easing and the risk in its housing market is dramatically lower now, but economic growth will remain under pressure over the next year, the chief executive of Merrill Lynch & Co Inc said.
- Merrill's Thain: U.S. credit crisis easing
Reuters - Thu 4:49 am
MUMBAI, May 7 (Reuters) - The U.S. credit crisis is easing and the risk in its housing market is dramatically lower now, but economic growth will remain under pressure over the next year, the chief executive of Merrill Lynch & Co Inc said.
- Copper slips on firm dollar, strike concerns support
Reuters - Thu 4:47 am
LONDON, May 7 (Reuters) - Copper prices on the London Metal Exchange narrowed earlier losses by mid-session on Wednesday with a firm dollar capping prices while worries about future supplies gave prices a floor, analysts said.
- India's Kotak launches ETF linked to BSE index
Reuters - Thu 4:16 am
MUMBAI, May 7 (Reuters) - Kotak Mahindra Asset Management launched on Wednesday an exchange traded fund (ETF) tracking India's benchmark index and said it plans to list the fund on the Bombay Stock Exchange by the end of May.
- Filipino family seeks govt's $579 mln Petron stake
Reuters - Thu 3:26 am
MANILA, May 7 (Reuters) - A Philippine business family said on Wednesday it had offered to buy the government's 40 percent stake in oil refiner Petron Corp for about $579 million.
- Copper down on firm dollar, China demand uncertainty
Reuters - Thu 3:09 am
LONDON, May 7 (Reuters) - Copper prices on the London Metal Exchange fell on Wednesday as the dollar strengthened against other currencies dampening sentiment and as uncertainty over Chinese consumption cast a pall over the market.
- US credit crisis getting better: Merrill Lynch CEO
Reuters - Thu 2:29 am
MUMBAI, May 7 (Reuters) - The U.S. credit crisis is getting better and the risk in its housing market is dramatically lower than it was, but economic growth will remain under pressure over the next year, the chief executive of Merrill Lynch & Co Inc said on Wednesday.
- JPMorgan nabs ex-Goldman banker in commodities push
Reuters - Thu 1:59 am
(Adds another recent Goldman hire and relocation of metals
marketing head)
By Michael Flaherty
HONG KONG, May 7 (Reuters) - JPMorgan Chase & Co has hired former Goldman Sachs banker Oral Dawe as managing director and CEO of its Asia Pacific Commodities group as it steps up its commodities coverage ...
- ICICI Pru, Kotak fund managers join Canara Robeco
- UPDATE 1-JPMorgan nabs ex-Goldman banker in commodities push
- Trust-2007/08 group forecast
- China's NSSF to invest 10 pct of assets in PE funds
- Prudential hires former ABN exec as Asia fund CEO
- Taiwan pension funds award $1.5 bln foreign mandates
- Lebanon wants IMF economic monitoring- IMF report
- US STOCKS-Wall St climbs with Fannie and oil; Disney up late
- US STOCKS-Wall St jumps on Fannie, oil; Disney up late
- US House Democrats favor timetable for Iraq troops
- ASX substantial shareholding notices - May 7
- US STOCKS-Market ends higher with financials, energy
- US STOCKS-Nasdaq rises 1 percent late
- US STOCKS-Energy, Fannie Mae, tech boost Wall Street
- US STOCKS-Market gains as Fannie reassures investors
- US STOCKS-Market cuts losses; Fannie, Microsoft gain
- US STOCKS-Record oil, housing woes push market lower
- Pakistan puts OGDCL exchangeable bond issue on hold
- US STOCKS-Market set to fall on oil price, financials
- US STOCKS -Futures dip as oil tops $120; financials eyed
- Arcapita says buys Pinnacle to grow in real estate
- China's ICBC gets green light for Dubai subsidiary
- Saudi plans $5.3 bln investment firm, tech focus
- Saudi firm may initially focus on tech buys-finmin
- Morgan Stanley selling up to $142 mln Dongxiang shrs
- Saudi plans $5.3 bln investment firm open to partners
- Saudi plans investment agency open to partners
- Deutsche Bank moving Hong Kong office to Kowloon
- US STOCKS-Wall St falls on Countrywide fears, record oil
- US STOCKS-Wall St ends down with Countrywide, oil over $120
- US STOCKS-Wall St falls on Countrywide worry, oil
- US STOCKS-Market falls on $120 oil, Countrywide concern
- UPDATE-1 UCO to raise funds via equity, net lags forecast
- Israel Cleantech Ventures fund raises $75 million
- India's Edelweiss to launch first fund by July
- Abu Dhabi state fund seeks credit rating to cut cost
- Uco Bank to raise funds via equity
- PremjiInvest puts $20 mln in HealthCare Global
- Taiwan dollar falls on stocks, US currency rebound
- India's Mahindra's fund-raising plan trips shares
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