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Overnight Market News – August 23, 2010

 
  • HSBC Holdings PLC in Talks to Acquire Up to 70% of South Africa’s Nedbank Group Ltd for USD 6.8B
  • China Construction Bank Corp First-Half Net Profit Surges 27% to CNY 70.74B (USD 10.42B) Boosted by Increase in Fee-Based Businesses and Lower Impairment Charges
  • SAB Miller PLC May Offer USD 10.9B to Acquire Foster’s Group Ltd’s Beer Operations
  • Blackstone Group Backs Chinese Property Developer, Great Eagle Holdings’ Plan to Build Over 1,000 Luxury Apartments in Hong Kong
  • American International Group Inc’s Airplane-Leasing Arm, International Lease Finance Corp Repays USD 3.9B Government Loan Ahead of Schedule to Regain Financing Freedom
  • Chevron Corp’s Former Chairman, David O’Reilly to Head Board of Saudi Arabia’s State-Owned Oil Giant Aramco
  • Crude Oil Stands at USD 74.10 per Barrel
  • Ethanol Stands at USD 1.86 per Gallon
  • Natural Gas Stands at USD 4.07 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,227.90 per Troy Ounce
  • Dow Jones Industrial Average Falls 57.59 Points (-0.56%) to 10,213.62
  • London FTSE Index Rises 35.76 Points (0.69%) to 5,231.04
  • Japan Nikkei Index Falls 62.69 Points (-0.68%) to 9,116.69
  • Hong Kong Hang Seng Index Falls 92.81 Points (-0.44%) to 20,889.01
  • Brazil Bovespa Index Falls 209.98 Points (-0.31%) to 66,677.16
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