Sunday, September 26, 2010

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Takefuji Shares Set to Fall in Tokyo After Nikkei Reports Bankruptcy Plan
Bloomberg
By Takahiko Hyuga - Mon Sep 27 02:39:55 GMT 2010 A man walks past a Takefuji Corp. branch office in Tokyo. Takefuji Corp. shares are poised to drop by their daily limit after a report Japan's third-biggest consumer lender was preparing to seek ...
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Gordon Gekko's return
University at Buffalo The Spectrum
When Wall Street ended 23 years ago it was not, by any means, begging for a sequel. That being said, Wall Street: Money Never Sleeps is a surprisingly appropriate follow-up to a widely appreciated movie. Instead of just playing off of the success of ...
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Hong Kong Stocks Rise to Eight-Month High on US Demand Data
BusinessWeek
By Kana Nishizawa Sept. 27 (Bloomberg) -- Hong Kong stocks rose, sending the Hang Seng Index to its highest level in more than eight months, as exporters gained after a US report showed demand for capital goods increased more than forecast. ...
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AIA Kicks off Premarketing for Mega IPO
ABC News
HONG KONG (Reuters) - American International Group Inc will be required to hold a 30 percent stake in its Asian life insurance business, AIA Group Ltd, for a year after AIA's listing next month, the term sheet showed on Monday. ...
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Yuan Climbs to Strongest Level Since 1993 Before US Vote
BusinessWeek
By Bloomberg News Sept. 27 (Bloomberg) -- China's yuan surged to the strongest level since 1993 on speculation the government will bow to growing political pressure to allow faster appreciation. The currency climbed for a 10th straight day even as the ...
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Japan's export growth slows for sixth month
The Associated Press
TOKYO — Japan's export growth slowed for the sixth consecutive month in August, as a strong yen and cooling global demand rattled an already fragile recovery. The value of exports climbed 15.8 percent from a year earlier to 5.22 trillion yen ($61.9 ...
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Hyundai Motor Falls After US Recall of 139500 Sonata Sedans
BusinessWeek
By Sookyung Seo Sept. 27 (Bloomberg) -- Hyundai Motor Co., South Korea's largest carmaker, fell the most since Sept. 16 in Seoul trading after the company announced a recall of about 139500 Sonata sedans in the US because of a steering fault. ...
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Stanley Chais dies at 84; money manager invested with Bernard Madoff
Los Angeles Times
By Stuart Pfeifer and David Sarno, Los Angeles Times ( Los Angeles Times) -- Stanley Chais, the Beverly Hills, Calif., money manager who helped invest hundreds of millions of dollars from his clients with Bernard L. Madoff, died Sunday in New York, ...
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Unilever in Advanced Talks to Buy Alberto Culver
Wall Street Journal
By DANA CIMILLUCA And PAUL SONNE Unilever PLC, the Anglo-Dutch consumer-products giant, is closing in on a deal to purchase Alberto Culver Co., maker of Alberto VO5 hair-care products, people familiar with the matter said. Unilever is expected to pay ...
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