(AFX UK Focus) 2010-03-12 07:32 German stocks - Factors to watch on March 12Friday, March 12, 2010 @ 1:57AMFRANKFURT, March 12 (Reuters) - The DAX top-30 index looked set to open 0.3 percent higher on Friday, according to premarket data from brokers Lang & Schwarz at 0710 GMT. The following are some of the factors that may move German stocks (share indications at 0708 GMT):
Lennon video ad 'not for the money', says sonFriday, March 12, 2010 @ 1:57AMJohn Lennon's son has denied that Yoko Ono is cashing in on his father's legacy by allowing images of the murdered Beatle to be used in a TV commercial.
Entschädigung für Ground-Zero-HelferFriday, March 12, 2010 @ 1:56AMDie Stadt New York hat sich zur Zahlung von insgesamt bis zu 657 Millionen Dollar (481 Millionen Euro) an mehr als 10.000 Einsatzkräfte bereiterklärt, die wegen Folgeschäden nach den Rettungs- und Aufräumarbeiten am eingestürzten World Trade Center Klage eingereicht hatten.
Japanese Stocks Gain on Central Bank Speculation; Ringgit RisesFriday, March 12, 2010 @ 1:56AMMarch 12 (Bloomberg) -- Japanese stocks gained and the yen weakened on speculation the central bank will add more funds to its financial system. Emerging-market currencies strengthened as rising confidence in Greece’s ability to pay its debt shored up demand for riskier assets.
Ups & DownsFriday, March 12, 2010 @ 1:51AMBulgaria star Krassimir Balakov and ex German international Fredi Bobic starred in a 'Burgas for Haiti' charity soccer match, with Balakov scoring once and Bobic three times.
Crude Oil Poised for Second Weekly Gain on Recovery OptimismFriday, March 12, 2010 @ 1:50AMMarch 12 (Bloomberg) -- Crude oil traded above $82 a barrel in New York, poised for a second weekly gain, on optimism fuel demand will recover as China’s economic expansion accelerates.
More Czech Rate Cuts Are Unlikely, Banker Singer Says (Update1)Friday, March 12, 2010 @ 1:50AMMarch 12 (Bloomberg) -- The Czech central bank is unlikely to cut the benchmark interest rate from a record low and will probably use “other tools” if it needs to relax monetary policy, Vice Governor Miroslav Singer said.
Yen Falls on Speculation BOJ to Take More Credit-Easing StepsThursday, March 11, 2010 @ 6:29PMMarch 12 (Bloomberg) -- The yen fell for a third day against the euro on speculation the Bank of Japan will take further steps to add funds into its financial system as the world’s second-largest economy struggles with deflation.
Turkey Sells $1 Billion of 11-Year Bonds in Overseas MarketsThursday, March 11, 2010 @ 6:28PMTurkey sold $1 billion of 11-year dollar bonds in its first test of investor demand since ending financing talks with the International Monetary Fund.
Trade deficit shrinks as auto and oil imports dropThursday, March 11, 2010 @ 6:27PMWASHINGTON — The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.
Euro May Rise to 5-Week High Against Yen: Technical AnalysisThursday, March 11, 2010 @ 6:23PMMarch 12 (Bloomberg) -- The euro may rise to a five-week high against the yen after breaking through a key level of resistance, Ueda Harlow Ltd. said.
Crude Oil Poised for Weekly Gain on Economic Recovery OptimismThursday, March 11, 2010 @ 6:23PMMarch 12 (Bloomberg) -- Crude oil traded above $82 a barrel in New York, poised for a weekly gain, on optimism fuel demand will increase amid improved prospects for an economic recovery in the U.S., the world’s biggest energy consumer.
Greek protests turn violentThursday, March 11, 2010 @ 6:21PMSERIOUS street clashes erupted in Athens yesterday as tens of thousands of people demonstrated during a nationwide strike against the Greek government's austerity measure
European Stocks to Watch: U.K. outperforms Continent as both currencies fallThursday, March 11, 2010 @ 6:17PMBoth the British pound and the euro have taken a battering this year as traders fret about levels of national debt. One big difference, however, has emerged: U.K. stocks have benefited from currency depreciation, while Continental European equities have nonetheless suffered.
Export growth likely to remain bright spot for USThursday, March 11, 2010 @ 6:14PMU.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot for American manufacturers through the rest of 2010.
New Greek strikes as EU ponders rescue fundMonday, March 8, 2010 @ 9:59AM(ATHENS ) - Greek civil servants launched new strikes Monday as Prime Minister George Papandreou sought backup from top US officials in Washington and the European Union discussed proposals for a support fund.
Australian, N.Z. Dollars Gain as Greece Deficit Concerns CoolMonday, March 8, 2010 @ 9:59AMMarch 8 (Bloomberg) -- The Australian dollar rose to its strongest in more than a month as demand for higher-yielding assets increased after European officials signaled their support for Greece. New Zealand’s currency also advanced.
Auto ind to hike prices in April: Tata MotorsMonday, March 8, 2010 @ 9:55AMTata Motors today said the auto industry is likely to hike prices of vehicles in April as it will not be able to absorb the extra cost in meeting Euro-IV fuel emission norms.
Portugal follows Greece on austerity pathMonday, March 8, 2010 @ 9:54AMPortugal became the latest euro zone country to announce austerity measures to rein in a ballooning budget deficit as bond markets eased pressure on debt-stricken Greece after a French pledge of EU help.
Daily Pfennig 3/8/10: The BLS Attempts A Fast One...Monday, March 8, 2010 @ 9:53AMGood day... And a Marvelous Monday to you! Was your weekend grand? The temps were below normal, but the sun filled a blue umbrella sky for most of the weekend, and for that I get a smile on my face...
JSE firms on global sentimentMonday, March 8, 2010 @ 9:52AMSouth African stocks are tracking positive global sentiment ending in the black, assisted by strong commodity prices.
Mon: Energy shares drag TASE downMonday, March 8, 2010 @ 9:50AMMakhteshim was the biggest loser on the Tel Aviv 25, and all five big banks fell.
Cuba launches new cigar for womenSaturday, March 6, 2010 @ 10:48PMHAVANA – Gripped between the teeth of Fidel Castro, Winston Churchill, a Cuban peasant or a Western businessman, the cigar has long been a male preserve.
Armed robbers stage daring heist at Berlin poker tournamentSaturday, March 6, 2010 @ 10:40PMBrazen robbers wielding hand guns and a machete raided a million-euro poker tournament at a five-star hotel in central Berlin yesterday in full view of terrified players and staff.
Iceland set to reject crucial bank planSaturday, March 6, 2010 @ 12:51PMICELANDERS trickled in to polling stations today for what was set to be a clear rejection of a bank repayment deal worth billions of dollars that many here consider a foreign diktat.
German Finance Minister wants body to aid euro zone stabilitySaturday, March 6, 2010 @ 12:48PMGerman Finance Minister Wolfgang Schaeuble said in a newspaper interview released on Saturday he plans to make proposals soon on a new European institution to help ensure the stability of the euro zone.
Bank payback plan faces failure as Iceland votesSaturday, March 6, 2010 @ 12:35PMIcelanders headed to the polls in drizzling rain Saturday in a referendum set to reject a bank repayment deal worth billions that many here consider a foreign diktat, but a "nei" vote is expected to plunge the country deeper into crisis.
Greek civil servants occupy buildingSaturday, March 6, 2010 @ 12:33PMDozens of civil servants occupied a government printing building Saturday in the latest expression of public anger against debt-driven austerity measures as Greece's premier vowed they would pay off.
Sarkozy: Tighten euro zone economic coordinationSaturday, March 6, 2010 @ 12:20PMFellow euro-zone countries cannot abandon debt-ridden Greece because doing so would defeat the purpose of the common currency project, French President Nicolas Sarkozy said Saturday, a day before meeting with the Greek prime minister in Paris.
Bank payback plan faces failure as Iceland votesSaturday, March 6, 2010 @ 11:23AMIcelanders headed to the polls in drizzling rain on Saturday in a referendum expected to reject a bank repayment deal worth billions that many here consider a foreign diktat.
Iceland set to reject crucial bank planSaturday, March 6, 2010 @ 11:22AMICELANDERS are going to the polls to reject a bank repayment deal worth billions of dollars that many consider a foreign diktat.
England enter World Cup semisSaturday, March 6, 2010 @ 11:21AMENGLAND England stormed into the semi-finals of the men's hockey World Cup for the first time in 24 years with a 3-2 win over India.
Gold rises amid currency volatilityFriday, March 5, 2010 @ 3:37PMGold rose toward $US1140 an ounce on Friday, ending the week about $US20 higher as a sovereign debt crisis in Greece spurred buying of the metal as a hedge against currency volatility.
Greece 'doesn't need financial aid'Friday, March 5, 2010 @ 3:37PMGerman Chancellor Angela Merkel says Greece does not need financial aid at present and the stability of the eurozone is ‘‘assured’’, after talks with Prime Minister George Papandreou.
FX Daily Planet: New York OpenFriday, March 5, 2010 @ 3:34PMThe overnight rally in risk markets led by the Nikkei report on BoJ’s possible extension in QE continued into the European session. European equities made modest gains and commodity currencies continued to grind higher with CAD lagging behind.
MEMBER CENTER:Friday, March 5, 2010 @ 3:34PM(Singapore / Shanghai, 5 March 2010) Schenker (Asia Pacific) Pte Ltd officially opened its first ever IT Shared Services Centre (SSC) at the Jiangsu Software Park in Nanjing.
World Cup beckons for BBC radio man JohnFriday, March 5, 2010 @ 3:33PMJOHN Murray has the sort of dream job the majority of Britain’s male population would die for.
Dollar lower on better-than-expected jobs reportFriday, March 5, 2010 @ 3:31PMInvestors dumped the dollar for riskier assets Friday after a U.S. employment report showed fewer jobs were cut in February than expected.
Schneider Electric to acquire Zicoms security systems bizFriday, March 5, 2010 @ 3:28PMSchneider Electric has entered into an agreement with Zicom Electronic Security Systems Ltd to acquire the assets of its electronic security systems integration business, namely the building solutions group and the special projects group, for about Rs 224.7 crore.
Dollar lower on better-than-expected jobs report; Greek parliament approves austerity planFriday, March 5, 2010 @ 3:26PMNEW YORK - Investors dumped the dollar for riskier assets Friday after a U.S. employment report showed fewer jobs were cut in February than expected. The euro found some support as the Greek parliament approved new spending cuts and taxes aimed at defusing the country's debt crisis.
Key indices log highest weekly gain this yrFriday, March 5, 2010 @ 3:26PMThe country's equity indices registered their biggest weekly gain in the current calendar year, following strong inflows from the foreign funds.
(AFX UK Focus) 2010-03-05 13:00 Greek steps mean euro zone action unlikely-JunckerFriday, March 5, 2010 @ 7:11AMLUXEMBOURG, March 5 (Reuters) - The latest steps by Greece to overcome its budget woes are strong and tough, and help from the euro zone is not likely to be needed, Eurogroup Chairman Jean-Claude Juncker said on Friday. "As I said on Wednesday, the measures are strong and tough. The commitments taken by the Greek government are clearly paving the way to an exit out of the situation Greece is in ...
World stocks rally ahead of key US jobs newsFriday, March 5, 2010 @ 7:10AMLONDON - World stock markets rose Friday as investors grew more confident about key U.S. jobs data later following some encouraging signals