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Overnight Market News – September 22, 2009

 
  • Asian Development Bank Raises 2009 Growth Forecast for Region to 3.9% from 3.4%, But Says Still too Early to Exit Stimulus Measures
  • Bank of America Corp to Pay US Government USD 425mm to Cancel Unused Guarantee Related to Merrill Lynch & Co Takeover, But Faces New SEC Trial Related to Bonuses
  • Ford Motor Co and Chinese Partner, Changan Motor to Build Third Plant in China to Keep Pace with Growing Sales
  • China Investment Corp to Acquire 14.9% Stake in Commodities Trader Noble Group Ltd for USD 850mm
  • Credit Suisse Group AG to Hire a Third Fewer Private Bankers per Year on Stiff Competition
  • Taiwan to Begin Trade Mission to Trinidad & Tobago, St Vincent and St Lucia Aimed at Boosting Regional Trade Relations
  • Crude Oil Stands at USD 69.71 per Barrel
  • Ethanol Stands at USD 1.71 per Gallon
  • Natural Gas Stands at USD 3.58 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,003.70 per Troy Ounce
  • Dow Jones Industrial Average Falls 41.34 Points (-0.42%)
  • London FTSE Index Rises 42.85 Points (0.83%)
  • Japan Nikkei Index Falls 73.26 Points (-0.70%)
  • Hong Kong Hang Seng Index Rises 228.29 Points (1.06%)
  • Brazil Bovespa Index Rises 225.01 Points (0.37%)
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