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Overnight Market News – June 17, 2010

 
  • Swiss Legislators Approve Law For Government to Hand Over Names of US Tax Evaders to the Internal Revenue Service (IRS) in UBS AG Tax Case
  • UK Retail Sales Increases More Than Expected in May Ahead of Soccer World Cup, Rising 0.6% on Higher Sales of Electrical-Goods and Food
  • BP Plc to Set up USD 20B Escrow Fund to Cover Claims Relating to Oil Spill, Will Also Suspend Dividend Payments for the Remainder of the Year
  • Spain May Use EUR 30B of its EUR 99B Fund for Orderly Bank Restructuring (FROB) to Help Finance the Needs of its Banks
  • Apple Inc’s Latest iPhone Sets Record Sales of 600,000 in the First Day of Pre-Orders, Despite Shortages and Online Ordering Glitches
  • Fujitsu Ltd and Toshiba Corp Unveil Plans to Merge its Mobile Phone Business to Create the Second-Largest Cellphone Maker in Japan’s Shrinking Market
  • Ethanol Stands at USD 1.61 per Gallon
  • Natural Gas Stands at USD 5.04 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,234.40 per Troy Ounce
  • Dow Jones Industrial Average Rises 4.69 Points (0.05%) to 10,409.46
  • London FTSE Index Rises 40.59 Points (0.77%) to 5,278.51
  • Japan Nikkei Index Falls 67.75 Points (-0.67%) to 9,999.40
  • Hong Kong Hang Seng Index Rises 76.25 Points (0.38%) to 20,138.40
  • Brazil Bovespa Index Rises 308.44 Points (0.48%) to 64,750.71
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