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    Yamato Transport's Packages Up In June, 1st Rise In 8 Months

    TOKYO (Nikkei)--Yamato Transport Co. said Monday that packages handled by its Takkyubin parcel delivery service in June increased 2.2% on the year to roughly 100.71 million units, marking the first year-on-year rise since last October. The nation's leading parcel delivery firm had seen a...
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    Brazil Ratings Put on Review for an Increase by Moody’s to Investment Grade

    July 6 (Bloomberg) -- Brazil’s credit ratings were put on review for an increase to investment grade by Moody’s Investors Service, which cited the country’s “demonstrated resilience to shocks” in the global economy. Bonds gained and stocks and the currency pared losses. Moody’s...
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    Sweden's Central Bank drops deposit interest rate to negative

    Sorry, nazz, have to correct you : they are "Vikingrs"... :)
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    Societe Generale Sees Slightly Positive Second Quarter Net

    By Paul Verschuur July 6 (Bloomberg) -- Societe Generale expects to report a slightly positive net income in the second quarter, the bank said today in an e-mailed statement. Last Updated: July 6, 2009 02:16 EDT http://www.bloomberg.com/apps/news?pid=20601087&sid=aNaHbtz71Kxk Must...
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    Short DAX at 7740

    "Dip buying has been consistently rewarded lately and it doesn't much matter what caused the dip." :p :) :D
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    U.S. judge approves plan to sell GM assets: WSJ

    A federal judge approved the sale of General Motors Corp.'s assets to a new government-run company, removing a key hurdle to the auto maker's plan to exit bankruptcy. Judge Robert E. Gerber of the U.S. Bankruptcy Court for the Southern District of New York issued an 87-page ruling late Sunday...
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    Hangseng Leadership...

    And once again HSI + 0,11 % leads the way. SHSE + 0,32 %. :)
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    Hong Kong economy may have expanded in second quarter

    HONG KONG (MarketWatch) -- Hong Kong's economy may have begun to grow in the second quarter and could be on track for a better performance in 2009 than the government had forecast earlier, officials said Monday. Financial Secretary John Tsang was cited in news reports as saying there were...
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    FedEx sees first signs for H2 turnaround

    FRANKFURT, July 5 (Reuters) - Package delivery giant and U.S. economic bellwether FedEx Corp (FDX.N) is seeing signs for a potential turnaround in the second half as production seemed to be picking up again, German magazine WirtschaftsWoche reported. Michael Ducker, in charge of FedEx'...
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    Shanghai GM sales up 71.5% in June

    Jul 3, 2009 (China Knowledge) - General Motors Corp (GM) said on Wednesday that sales at Shanghai General Motors Co Ltd (Shanghai GM) jumped 71.5% year on year to 60,356 units in June, sources reported.During the period from January to June, Shanghai GM, the joint venture (JV) between GM and...
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    Toyota to Spend $500 Million on U.S. Plant Revamp as Sales Drop

    July 6 (Bloomberg) -- Toyota Motor Corp., grappling with excess North American plant capacity as sales wither, plans to spend about $500 million to upgrade an Indiana SUV-assembly plant, its biggest single such investment this year. Toyota has budgeted 48.4 billion yen for the Princeton...
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    Sluggish Lending:German Finance Minister threatens banks with unprecedented measures

    LOL ! You have just described the very state of "the banks" 8 months ago. "Financially weak, highly risky and shaky as hell." The "bureaucrats" you are talking about have saved "the banks" asses ! :p
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    Goldman Sachs Trading Unit.....Interesting Developing Story

    ... The case against Aleynikov may explain why the New York Stock Exchange moved quickly last week to stop reporting program stock trading for its most active firms. Goldman was often at the top of the chart — far ahead of its competitors. ... HAHAHAHAHAHAH !!!! LOL !!!:p :p :p
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    Hedge star Jabre sees bargains in bombed-out stocks

    LONDON, July 2 (Reuters) - Many stocks in heavily discounted sectors such as banks and industrials still look cheap, says hedge fund manager Philippe Jabre, although he has trimmed his large weighting in equities after the recent rally. The former GLG (GLG.N: Quote, Profile, Research) manager...
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    Short DAX at 7740

    Short-term focus: IP and the US earnings season kick-off Investors will likely focus on European industrial production next week to see if the recent strength in the survey data will lead to an improvement in real activity data. In addition, the US earnings season kicks off on Wednesday, July...
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    Sweden Cuts Deposit Rate to NEGATIVE 0.25

    1) First of all, not individuals are holding assets with Riksbank but banks and other financial institutions. Nobody is forcing banks to pass on negative deposit rates to customers... 2) I suppose Riksbank´s step serves the same purpose like similar steps in the US. Banks are hoarding cash and...
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    Sluggish Lending:German Finance Minister threatens banks with unprecedented measures

    Politicians of all parties are united in their determination to force German banks to make credit available. Financial institutes remain reluctant to lend despite having received billions in finanical aid. German Finance Minister Peer Steinbrueck in a newspaper article to be published in...
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    German parliament approves "bad bank" plan

    3 July 2009 | 21:21 | FOCUS News Agency Berlin. Germany’s lower house of parliament, the Bundestag, has passed a bill for the creation of "bad banks" to absorb toxic assets and clean up balance sheets at financial institutions caught up in the financial crisis, Deutsche Welle. The bill...
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    Goldman buoyed by 140% fee forecast

    Goldman to make record bonus payout The following correction was printed in the Observer's For the record column, Sunday June 28 2009 In the article below, we made reference to "guaranteed rewards that were paid over three years". In fact, Goldman Sachs has a policy of not paying...
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