US Markets

DJIA8149.09chart-679.95
NASDAQ1398.07chart-137.50
S&P 500816.21chart-80.03
2008-12-01 16:04

Intl. Markets

FTSE4065.49chart-222.52
DAX4394.79chart-274.65
Nikkei8397.22chart+0.00
2008-12-01 11:46

Commodity Futures

Oil49.28chart-5.15
Gold768.25chart+0.00
Copper1.65chart+0.00
2008-12-01 17:45

Treasury Yield

13 Weeks0.01chart-0.01
5 Year1.72chart-0.22
10 Year2.72chart-0.24
2008-12-01 14:59

Exchange Rates

JPY93.16chart+0.00
EUR0.79chart+0.00
GBP0.67chart+0.00
2008-12-01 18:15

Archive for March, 2008

Dutch MP posts Islam film on web »

Dutch right-wing politician Geert Wilders has posted a controversial film critical of Islam’s holy book, the Koran, on the internet.
The opening scenes show a copy of the Koran, followed by footage of the attacks on the US on 11 September 2001.
The 17-minute film was posted on video-sharing website LiveLeak.
Its planned release had sparked angry protests [...]

Asian rice crisis starts to bite »

Cambodia has become the latest Asian country to impose restrictions on exports of rice – the staple food for half the world’s population.
The government announced the two-month export ban to ensure “food security” on Thursday, blaming surging overseas demand – particularly in Africa and the Middle East - for the skyrocketing cost of rice.
Worldwide rising [...]

N.K. threatens to pull the plug on nuke plans »

North Korea yesterday threatened to bring its denuclearization efforts to a halt in an apparent warning to Seoul and the other six-party talks members.
The North also fired several short-range missiles into the West Sea, further provoking the new South Korean administration, which has vowed to be sterner with Pyongyang.
“If the United States continue to claim [...]

Fannie, Freddie may raise $20 billion: report »

NEW YORK (Reuters) - Fannie Mae’s (FNM.N: Quote, Profile, Research) and Freddie Mac’s (FRE.N: Quote, Profile, Research) regulator will allow the mortgage financiers to raise as much as $20 billion in capital as part of an agreement that lets them buy more debt securities, Bloomberg News said on Friday.
“That’s the top end of the range,” [...]

Monks interrupt Tibet media tour »

Buddhist monks staged a surprise protest in front of a tightly-controlled tour of foreign reporters in the Tibetan capital of Lhasa.
Ezzat Shahrour, Beijing-based Al Jazeera correspondent, said the monks interrupted the tour and shouted that they wanted freedom in a rare display of continuing dissent in Tibet.
“About 50 to 60 monks came out screaming and [...]

Clear Channel says wins ruling on $20 billion buyout »

NEW YORK (Reuters) - Clear Channel Communications Inc (CCU.N: Quote, Profile, Research) said on Thursday it had won a ruling from a Texas judge that may advance its efforts to force banks to finance a $20 billion buyout of the U.S. radio operator.
Six banks led by Citigroup Inc (C.N: Quote, Profile, Research) were to provide [...]

Tata Motors to buy Ford brands for $2.3 bln »

MUMBAI (Reuters) - India’s Tata Motors Ltd (TAMO.BO: Quote, Profile, Research) said on Wednesday it has agreed to buy luxury brands Jaguar and Land Rover from Ford Motor Co (F.N: Quote, Profile, Research) for about $2.3 billion.
Tata Motors (TTM.N: Quote, Profile, Research) said in a statement that Ford would contribute up to about $600 million [...]

Battle rages in Basra as government cracks down »

BASRA, Iraq (Reuters) - Iraqi forces fought militants loyal to Shi’ite cleric Moqtada al-Sadr on Wednesday in the second day of a campaign the government hopes will end militia control without the help of foreign troops.
The fighting centered on the southern oil-rich city of Basra but has spread to Baghdad and other towns and has [...]

Motorola to split into two public entities »

NEW YORK (Reuters) - Motorola Inc said on Wednesday it would split into two separate publicly traded entities, sending its shares up more than 10 percent.
The company, which has been losing market share to rivals, said the two entities would be mobile devices, and broadband and mobility solutions. It expects the separation to take place [...]

Medvedev warns on Nato expansion »

The incoming Russian President, Dmitry Medvedev, has said his country is not happy about the prospect of Ukraine and Georgia joining Nato.
Speaking in an interview with the Financial Times of London, he said such a move could affect European security.
Mr Medvedev said no country would be happy about a military bloc to which it did [...]