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Tag Archives: Hong Kong Hang Seng

Overnight Market News – May 18, 2009

18-May-09

AIG to Seek Asian Subsidiary IPO, Could Raise Over USD 4B Japan’s AAA Foreign Currency Debt Rating Cut to Aa2 by Moody’s Volkswagen Stops Tie-up Talks with Porsche as Not Ready for Merger Europe’s Largest Papermaker, Stora Enso Oyj and Chile’s Celulosa Arauco y Constitucion SA to Purchase USD 344mm of Uruguayan Forest Second-Biggest Home [...]

Overnight Market News – May 15, 2009

15-May-09

Eurozone Economies Shrink 2.5% in First Quarter, Most Since 1995 General Motors Corp Close to Agreement with United Anto Workers Union (UAW) to Cut Labor Costs by Over USD 1B per Year Panasonic Corp Forecasts Larger-Than-Expected Annual Loss Following First-Quarter Net Loss of JPY 444.3B vs Net Profit of JPY 61.6B yoy Temasek Holdings Pte [...]

Overnight Market News – May 13, 2009

13-May-09

European Commission Fines Intel Corp USD 1.45B on Using Rebates to Impede A Competitor Japan’s Current Account Surplus Falls 50.2% in Year Through March to JPY 12.23T (USD 127B) International Business Machines Corp (IBM) Ready to Launch New Real-Time Data Analysis Software US Bancorp Sells USD 2.5B Worth of Common Stock After Passing Stress Test [...]

Overnight Market News – May 12, 2009

12-May-09

Bank of America Corp Raises USD 7.3B from Sale of Stake in China Construction Bank Corp The European Union (EU) Will Conduct Stress Tests on its Banking Sector by September 2009 to Determine Capital Adequacy China’s Exports Fall 22.6% in April (yoy), While Factory Investments Surge 30.5% (ytd) Australia’s Budget Deficit Balloons to Record USD [...]