Monday, December 27, 2010

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COMMODITIES-Raw materials recover from China Xmas rate hike
Reuters
By Nick Trevethan SINGAPORE, Dec 27 (Reuters) - Crude oil hit a 26-month high on Monday and other commodity markets pared early losses in response to an interest rate rise by the People's Bank of China (PBOC), focusing instead on positive fundamentals ...
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Russian court finds Khodorkovsky guilty
CNN International
Former Yukos oil company CEO Mikhail Khodorkovsky looks on while standing behind a glass wall at a court room, in Moscow, on October 29, 2010. Moscow (CNN) -- A judge in Moscow has found former Russian oil tycoon Mikhail Khodorkovsky and his business ...
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Oil Trades Near 26-Month High on China Growth Speculation, US Stockpiles
Bloomberg
By Yee Kai Pin - Mon Dec 27 06:58:42 GMT 2010 Oil rose to a two-year high in New York on speculation China's monetary tightening will sustain economic growth in the world's largest energy user. Futures increased for a sixth day, the longest rally in ...
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Study: Body scanners' effectiveness limited
USA Today
By Jeff Chiu, AP By Alan Levin, USA TODAY The X-ray body scanners increasingly in use at airport security checkpoints across the country cannot detect certain types of explosives and weapons, according to research by two respected academics. ...
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Dollar Falls, Yen Reverses Gain as Stocks Counter China Cooling Concern
Bloomberg
By Yoshiaki Nohara - Mon Dec 27 07:18:04 GMT 2010 The dollar fell against the euro as Asian stocks held onto gains even after China raised interest rates, curbing demand for the greenback as a refuge. The yen reversed earlier gains against the euro as ...
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Sony to Spend $1.2 Billion for Image Sensor Capacity
BusinessWeek
By Mariko Yasu Dec. 27 (Bloomberg) -- Sony Corp. will invest 100 billion yen ($1.2 billion) over the next fiscal year to double its production capacity for image sensors, as the company aims to expand output of the devices used in smartphones. ...
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How to turn electric bill hike into cut
Philadelphia Inquirer
By Sandy Bauers On Saturday, Peco Energy Co.'s rate caps expire, and the Public Utility Commission has approved a 5 percent rate increase. Companies are swarming in, offering customers alternative plans. But no matter where you live or who your ...
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Email, Social Media to See More Marketing Dollars in 2011
eMarketer
Email marketers have been warming up to social media for the past year, using social elements like "share with your network" and buttons to connect with brands on Twitter and Facebook in email campaigns. Email and social media also go together in ...
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Volatility Alert: Crude Is Rising, But Not Because Of Demand
The Business Insider
Dian L. Chu is an MBA, CPM Chartered Economist, writer of financial blog - Economic Forecasts & Opinions . Just in time for Christmas, On Wednesday, Dec. 22, US gasoline prices hit an average $3 a gallon for the first time in more than two years, ...
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