Asian shares rise on hopes for U.S. bond insurer
International Herald Tribune - HONG KONG : Asian financial shares rallied on Monday, pushing up stocks and denting bonds across the region, after speak of a rescue plan for a U.S. bond insurer eased worries about the outlook of global credit markets. Tokyo’s Nikkei rose more than 2
Seoul stocks up 1.3 pct on lenders, LG Elec
Reuters - SEOUL, Feb 25 (Reuters) - Seoul stocks rose 1.3 percent on Monday, led by lenders on hopes the sector could avoid further damage from the credit crisis, while LG Electronics surged as investors bet robust handset sales would bolster its earnings. The
Seoul stocks rise on financials, new policy hopes
Reuters - SEOUL, Feb 25 (Reuters) - Seoul stocks rose 1.5 percent on Monday, led by lenders such as Kookmin Bank on hopes that the sector could avoid further damage from the credit crisis, while the inauguration of a new president lifted a range of sectors
HK stocks up, HSBC leads on bond insurer rescue news
Reuters UK - HONG KONG, Feb 25 (Reuters) - Hong Kong stocks paced Wall Street higher on Monday on news that banks were near an agreement to bail out bond insurer Ambac Financial in a deal that could stem further damage to credit markets, boosting shares in HSBC
With Signals Mixed, Stocks Score Few Gains
Barron’s On the web - TWO ROADS DIVERGE IN THE markets: Commodities blazed ever higher last week, led by oil prices pushing $100 a barrel, seemingly oblivious to potentially tempered consumption in a slowing economy. But stocks seem only too aware of that possibility and
Indonesia coal stocks to stop blackouts -official
Reuters - JAKARTA, Feb 25 (Reuters) - Coal stocks at two big Indonesian power plants on Java island rose on Monday, as improving weather allowed shipments to resume and should prevent a repeat of last week’s blackouts, officials at the state utility said on
Treasuries Fall as Stock Gains Reduce Demand for Safety of Debt
Bloomberg - Feb. 25 (Bloomberg) — Treasuries declined as stocks rose and traders speculated the Federal Reserve is nearly finished slicing interest rates for this year. Two-year notes extended their first weekly loss in 2008 as the gain in Asian shares fed
JGBs slide as stocks jump on easing US credit fears
Guardian Unlimited - TOKYO, Feb 25 (Reuters) - Japanese government bond futures slipped towards a two-month low on Monday as Tokyo shares jumped after speak of a U.S. bond insurer rescue plan helped soothe credit jitters. Adding to bearish sentiment was a fall in U.S
Forex - US dollar rebounds vs euro, yen on hopes for Ambac bailout
Forbes - Investors were encouraged to borrow from Japan, where the 0.5 percent benchmark rate is the lowest among developed countries, and invest the proceeds in higher-yielding securities including stocks elsewhere, weakening the yen.
Stocks rally on word of Ambac bailout
BusinessWeek - Wall Street staged a dramatic turnaround Friday, shooting higher in the last half-hour of trading after word that a bailout plan for troubled bond insurer Ambac Financial could be announced next week. The major indexes ended a week of choppy trading
Asian Stocks Advance on Bond Insurer Rescue Plan; Millea Jumps
Bloomberg - Feb. 25 (Bloomberg) — Asian stocks advanced on speculation New York-based Ambac Financial Group Inc. will get new capital to salvage its AAA credit rating, averting further writedowns for global financial companies. Millea Holdings Inc., Japan’s
Japan Stock Futures Rise on Speculation of Bond Insurer Rescue
Bloomberg - Bank-related stocks will get a boost, he said. Nikkei 225 Stock Average futures expiring in March stood at 13,595 in Chicago, up from the close of 13,500 in Osaka and 13,490 in Singapore on Feb. 22.
USD still under pressure
FXStreet.com - Stocks gained on AMBAC rescue plan Asian financial shares rallied on Monday, pushing up stocks and denting bonds across the region, with Tokyo’s Nikkei up more than 2 %, after talk of a rescue plan for a U.S. bond insurer eased worries about the
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