Monday, September 6, 2010

Bloomberg: Emerging-market stocks advance

Emerging-Market Stocks Advance for Fourth Day; Rand, Chinese Yuan Rally
Bloomberg
6 (Bloomberg) -- Mark Konyn, chief executive officer of RCM Asia Pacific Ltd., talks about the outlook for China's stock market and economy. ...
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Newcrest Says Asia, Africa Present `Great' Opportunities for Acquisitions
Bloomberg
Source: Lihir Gold Ltd. via Bloomberg Newcrest Mining Ltd., set to buy smaller rival Lihir Gold Ltd. for $9.6 billion, said it's eyeing further merger and ...
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China Life, Dongfeng Auto, Zhongjin Gold: China Equity Preview
San Francisco Chronicle
6 (Bloomberg) -- The following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the ...
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Korea Won Gains as US Jobs Data Supports Exports; Bonds Fall
BusinessWeek
6 (Bloomberg) -- South Korea's won rose to its highest level in almost a month after better-than-expected growth in US employment fanned optimism exports ...
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Rand Weakens From 2 1/2-Year High as Importers Purchase Dollars
BusinessWeek
6 (Bloomberg) -- The rand weakened for the first time in four trading sessions as importers bought foreign currency at cheaper levels following the rand's ...
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Nakheel's Trade-Creditor Bond to Boost Trading: Islamic Finance
BusinessWeek
6 (Bloomberg) -- Nakheel PJSC's plan to offer Islamic bonds to creditors may revive sukuk trading in the Persian Gulf after new sales fell to a five-year ...
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Russia Says World Shouldn't Panic About Grains Supply
BusinessWeek
6 (Bloomberg) -- Global grain supplies are adequate to meet demand and any "panic" isn't warranted, Russian Deputy Agriculture Minister Alexander Petrikov ...
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Emerging-Market Credit-Linked Notes Boost Yields for Investors
BusinessWeek
6 (Bloomberg) -- Investors are seeking higher returns from credit-linked notes tied to the debt of some of the world's lowest-rated countries. ...
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Bell Direct's Lee Discusses Australian Stocks, Economy: Video
Bloomberg
6 (Bloomberg) -- Julia Lee, an analyst at Bell Direct, an Australian online brokerage, talks about the outlook for Australian stocks and the country's ...
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China Should Establish Mineral Reserve System, Official Says
BusinessWeek
By Bloomberg News Sept. 6 (Bloomberg) -- China should establish a mineral resource reserve system comprised of state and company stockpiles to fuel the ...
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Japanese Bond Futures Decline as Stocks Gain on U.S. Job Report
San Francisco Chronicle
6 (Bloomberg) -- Japanese bond futures fell for a fourth day as stocks gained after a government report showed US companies added more jobs than economists ...
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Ivory Coast Voter List Completion Is 'Relative Breakthrough'
BusinessWeek
6 (Bloomberg) -- Ivory Coast's completion of its voters' roll is a critical step toward holding overdue elections in the world's top cocoa producer, ...
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Asian Currencies Strengthen on Signs US May Avert Double-Dip
BusinessWeek
6 (Bloomberg) -- Asian currencies rose, led by the Philippine peso and South Korea's won, as signs the US will avoid a double-dip recession brightened the ...
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Jonathan Risks Clashes in Oil-Rich Nigeria With Election Bid
BusinessWeek
6 (Bloomberg) -- Nigerian President Goodluck Jonathan risks sectarian clashes when he announces whether he will seek election: in the Muslim north if he ...
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Aviva Sees High-Yield Bond Boon in 'Goldilocks' US Economy
BusinessWeek
6 (Bloomberg) -- US economic conditions favor corporate junk bonds over investment-grade notes as companies are earning enough to pay investors higher ...
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Severstal Eyes Acquisitions in Steel, Gold, CEO Mordashov Says
BusinessWeek
6 (Bloomberg) -- OAO Severstal, Russia's largest steelmaker, is considering small and medium-sized acquisitions in steel and mining, including gold, ...
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China's Mobile Internet Users May Double in 5 Years, Lee Says
Bloomberg
By Bloomberg News - Mon Sep 06 06:59:29 GMT 2010 Lee Kai-fu, chairman and chief executive officer of Innovation Works Inc., speaks in Beijing. ...
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Traders Raise Rates for Meirelles as GDP Surges: Brazil Credit
BusinessWeek
6 (Bloomberg) -- Brazil's bond vigilantes are driving up yields on interest-rate futures as the fastest economic expansion in two decades fuels concern ...
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Dubai Stocks Rise to Two-Month High on Global Growth Optimism, Eid Holiday
Bloomberg
The Bloomberg GCC 200 Index of Gulf stocks increased 0.2 percent. "We were expecting the rally from the positive reaction we saw in the US on last week's ...
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Oil Falls Second Day as Service Industries Grow at Slower Pace
San Francisco Chronicle
6 (Bloomberg) -- Oil declined for a second day after service industries grew in August at the weakest pace in seven months, signaling that the US economic ...
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Zloty at Four-Month High, Forint Gains as Global Concern Ease
BusinessWeek
6 (Bloomberg) -- The Polish zloty rose to the strongest in four months and the Hungarian forint advanced for a second day as better-than-expected US jobs ...
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China to Inspect Vegetable Oil Stockpiles in Hubei as Trial
BusinessWeek
By Bloomberg News Sept. 6 (Bloomberg) -- China will inspect vegetable oil reserves in Hubei province as a trial project to help gauge the country's overall ...
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Rand Gains to Strongest Since January 2008 as Growth Fears Ease
BusinessWeek
6 (Bloomberg) -- South Africa's rand advanced to the strongest level in more than 2 1/2 years against the dollar as concern eased that the global economy is ...
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Bumi Resources Forecasts Sales to Rise on Coal Price
BusinessWeek
6 (Bloomberg) -- PT Bumi Resources, Indonesia's largest coal producer, forecast its revenue will rise 34 percent this year because of plans to sell more of ...
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Bauer, Loewe, Lufthansa, RWE, Siemens: German Equity Preview
BusinessWeek
5 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in Germany tomorrow. Stock symbols are in parentheses and ...
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Palm Oil Climbs Amid Speculation Soybean Crop May Miss Target
BusinessWeek
6 (Bloomberg) -- Palm oil futures jumped by the most in almost a month amid speculation that supplies of US soybeans, which can be crushed to make a ...
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EFIC of Egypt's Fertilizer Exports May Advance Fivefold in 2010
BusinessWeek
6 (Bloomberg) -- Egyptian Financial and Industrial Co., the biggest publicly traded maker of phosphate-based fertilizers in the Middle East, ...
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Cass Researcher Warns Against Property Loan Risks, News Says
BusinessWeek
By Bloomberg News Sept. 6 (Bloomberg) -- China should pay more attention to systematic risks associated with property loans, the Financial News reported, ...
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Gome Founder Huang Says He Respects Court Ruling, News Reports
BusinessWeek
6 (Bloomberg) -- Huang Guangyu, the founder of Gome Electrical Appliances Holdings Ltd., said he respects a court ruling upholding his prison sentence and ...
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Trans Hex Slumps as Remgro Spins Off Its Shareholding
BusinessWeek
6 (Bloomberg) -- Trans Hex Group Ltd. fell the most in about eight months in Johannesburg trading after Remgro Ltd. spun off its stake in the South African ...
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Estonia Aims to Cut 'Too High' Energy Subsidies, Minister Says
BusinessWeek
6 (Bloomberg) -- Estonia's government wants to reduce subsidies for renewable energy producers to cut costs for consumers, Economy Minister Juhan Parts said ...
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