daily highlights

daily highlights

Frontrunning: May 11

  • U.S. post has $2.2 billion loss, warns of Sept insolvency (Reuters)
  • Partisan Divides Harden on Debt Accord as Options Are Rejected (Bloomberg)
  • EU Slows Drive for More Greek Aid as Merkel Seeks ‘Proven’ Steps (Bloomberg)
  • AIG sets $9 billion stock offer, half of expected (Reuters)
  • China Inflation Signals More Tightening to Come (Bloomberg)
  • Japan Aims for Tepco Compensation Scheme this Week (Reuters)
  • U.N.Chief BanCalls forCeasefire in Libya (Reuters)
  • Syria Extends Armed Push; EU Sanctions Begin (WSJ)

Frontrunning: May 9

  • Fannie Mae requests additional 8.5 billion dollars in government aid (Xinhua)
  • U.S. Will Press China to Hasten Yuan's Rise (WSJ)
  • European Officials to Revamp Greek Aid (FT)
  • Europe Pressured to Revise Irish and Greek Bailouts (Reuters)
  • Krugman: The Inflation Monster Under the Bed (NYT)
  • Euro Holds No. 1 Spot as EU Shows Resolve on Greece Debt (Bloomberg)
  • EU to Cut Emerging Nations’ Trade Benefits (FT)
  • Japan Reaffirms Nuclear Energy Use (NYT)
  • The truth behind the popular markets adage of 'sell in May' (Telegraph)
  • What to watch, on the Street and on the court, to determine whether the rally will continue…or fizzle (Barrons)

Frontrunning: May 6

  • Goldman’s Blankfein Faces Investors Amid ‘Lingering Problems’ (Bloomberg)
  • One Year After Stock Crash Regulators Still Vexed by Fragmentation (Bloomberg)
  • Republicans Split Over Medicare Plan (FT)
  • Workers Re-Enter Reactor Building for the First Time (WSJ)
  • JPMorgan Is in ‘Advanced’ Negotiations to Resolve CDO Probe (Bloomberg)
  • China Regulator Defends Internet Role (WSJ)
  • Egypt Front-Runner Seeks Israel Reset (WSJ)

Frontrunning: May 4

  • PBOC Reiterates Inflation Control Is Its Top Priority (Shanghai Daily)
  • Portugal Reaches Deal on €78bn Bail-Out (FT)
  • China Allows Firms to Sell Bonds via Private Placement (WSJ)
  • Demand for Bank Loans Mounts in Emerging World, Survey Says (WSJ)
  • China 2011 Growth Seen Solid, Inflation to Quicken: Reuters Poll (Reuters)
  • Yemen-based Jihadist Has Potential to Fill Role (FT)
  • Netflix Said to Seek TV, Film Rights for Latin America Service (Bloomberg)
  • Palestinian Factions Prepare to Sign Deal (FT)
  • Outcry Over Syria Rises Amid Wider Crackdown (FT)
  • Waiting for Dollars in Belarus Puts Lukashenko on Unrest Alert (Bloomberg)
  • U.K. Regulator Expands Its Reach (WSJ)

Frontrunning: May 2

  • Bin Laden is Dead, Obama Says (NYT)
  • Bin Laden Killing Brings Anger, Relief in Arab World (Reuters)
  • Senate ‘Gang’ Hashes Out Deficit Plan (WSJ)
  • Canada Vote Sees Interesting Turn (WSJ)
  • ECB Changes May Spell Faster Tightening as Draghi Eyes Top Job (Bloomberg)
  • Japan Passes Emergency Budget (WSJ)
  • Tripoli Embassies Attacked After Air Strike (FT)
  • Europe Manufacturing Growth Accelerates More Than Estimated (Bloomberg)
  • Syria Arrests Hundreds, Shells Deraa Into Submission (Reuters)
  • South Korean Inflation Slows (WSJ)

Frontrunning: April 25

  • Bill Gross Battles Dealers on Outlook as Treasuries Gain (Bloomberg)
  • Jim Saft chimes in: Triumph of gold, the anti-investment (Reuters)
  • Fed Searches for Next Step - New Focus on Interest-Rate Plan as Controversial Bond-Buying Strategy Winds Up (WSJ)
  • Iran says it has detected second cyber attack (Reuters)
  • ECB-forced 'run on our banks' led to bailout (Independent)
  • OPEC unlikely to change output in June (Retuers)
  • China consumer prices likely to rise 4.5 pct in 2011 (Xinhua)
  • China must watch for rising U.S. Treasury yields: researcher (Reuters)
  • Tanks in Syria's Deraa city, bodies in street -witness (Reuters)

Frontrunning: April 18

  • Debt Ceiling Increase Is Expected, Geithner Says (NYT)
  • Zhou Pledges More Tightening as China Raises Reserve Ratios (Bloomberg)
  • Fed to Signal End of Monetary Easing (FT)
  • Finnish Populist Party Surge Clouds EU Bailout (Reuters)
  • Glencore worth up to $69 billion (Reuters)
  • Libyan Rebels Gain Ground in Fierce Fight (WSJ)
  • Capitalism is failing the middle class (Reuters)
  • Inflation in China Poses Big Threat to Global Trade (NYT)

Daily Highlights: 3.1.2011

  • Australia's central bank keeps benchmark interest rate steady, as expected.
  • China Treasury Holdings rise to $1.16 trillion in December, US data show.
  • China’s PMI fell to 52.2 from 52.9 in Jan - slowest pace in six months.
  • European economy recovers; joblessness below 10% but inflation still above target.
  • Oil trades near one-week low after Saudi Arabia offers to cover supplies.
  • US approves first deepwater drilling in Gulf since BP oil spill.

Daily Highlights: 12.29.2010

  • Beijing city to raise minimum wage 21%; Second move in 6 months amid inflation concerns.
  • Brazil raises duties on China-made baby dolls as Real gains hurt toymakers.
  • China cuts rare earths export quota for 2011.
  • Chinese CEOs reduces support for a stronger yuan as they criticize U.S. monetary easing
  • Euro marks higher after disappointing US economic data, buys at $1.3151.
  • Housing Starts seen rising to three-year high with belated US jobs boost.
  • Oct. Case-Shiller home price down 0.8%; Non-adjusted house prices down 1.3%.
  • Oil trades near 26-month high on Retail sales, supply forecast.
  • Taiwan may increase interest rate to damp prices after countering inflows.

Daily Highlights: 12.23.2010

  • Asia stocks rise for a third day as US growth report bolsters confidence.
  • China believes its foreign trade will grow at a moderate pace next year.
  • Crude oil rises a fifth day after US inventories drop, economy expands.
  • Dubai may sell more assets as $20B in debt comes due in next year.
  • Electronic shipments from Asia to US rose at 15% pace in Oct - less than half the Jan-June rate.
  • Fed may need to trim $600B stimulus as economy grows, Plosser says.

Daily Highlights: 12.20.2010

  • Asian stocks decline on Europe debt concerns, South Korea artillery drill.
  • BOE forecast to raise interest rate within 6 months: Confederation of British Industry.
  • China drugmakers tumble after report medicine prices to be slashed by 40%.
  • China's stocks plunge most in month on North Korea, interest-rate concerns.
  • Crude oil trades near $88 a barrel on bets US recovery will raise demand.

Daily Highlights: 12.16.2010

  • Asian stocks, Copper decline before European debt talks; Treasuries gain.
  • EU faces `gridlock' on debt crisis; agrees on a crisis- management mechanism in 2013.
  • India’s central bank kept benchmark interest rates unchanged after 6 increases this year.
  • Oil falls to near $88 in Asia despite plunge in US crude inventory.
  • Qatar makes $65B bet it can remake economy in World Cup preparation.
  • US foreclosure filings plunge to two-year low as lenders probe practices.
  • AAR Corp beats by $0.07, posts Q2 EPS of $0.42. Revs rose 36.0% to $447M.

Daily Highlights: 12.13.2010

  • Asian stocks, Dollar, copper climb as China refrains from increasing rates.
  • Australia overhauls banking rules; said it would improve banking competition.
  • China pledges to change growth model in 2011, tackle prices, grow quickly.
  • Chinese Premier Wen to visit India in bid to build mutual trust amid disputes over territory, trade.
  • China risks 'rush' to tighten in 2011 after inflation accelerates past 5%.
  • EU leaders set to focus on debt crisis facility as ECB grapples with banks.
  • Euro falls to $1.3202 in morning European trading as EU nations to meet amid debt crisis.

Daily Highlights: 12.10.2010

  • Asian stock markets were mostly lower Friday, on rate hike fears from China.
  • China regulators warn of risk linked to real-estate trusts.
  • China's trade surplus sharply narrowed in November to $22.9B from $27.1B in Oct.
  • India’s factory output grows 10.8%, fastest pace in three months.
  • Italy's Draghi warns of risks in ECB bond buying.
  • Oil rises to near $89 in Asia as traders eye OPEC crude output policy at meeting.
  • US cos held $1.93 trillion in cash and short-term assets at the end of Q3.

Daily Highlights: 12.9.2010

  • Ireland downgraded to BBB+ by Fitch, outlook stable, market yawns
  • Asian stocks, Aussie gain on jobs growth, better-than-forecast Japan GDP.
  • Bank of Korea leaves benchmark interest rate unchanged at 2.5%.
  • EU fines Taiwanese, SKorean LCD panel makers €649M on price fixing charges.
  • India's inflation holds above 'tolerance level,' Indian Central Bank Chief says.
  • Japan’s Q3 GDP grew at an annualized 4.5% - faster than the 3.9% reported last month.
  • Greek loan repayment extension possible in early 2011.
  • More than half of Americans want Fed reined In or abolished: Bloomberg survey.