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MarketWatch
US pleased with first day of China talks - MarketWatch
WASHINGTON (MarketWatch) — Obama administration officials said Monday they were pleased with the first day of their two-day summit with top Chinese officials, saying that the talks avoided diplomatic niceties and focused on ...
Chile's ENAP to abandon geothermal development - MarketWatch
MI), a person close to the matter said. "We're convinced that Enap's participation in developing geothermal energy in Chile through its joint-venture projects with Enel and Antofagasta Minerals has been key for the development of this type of renewable ...
India likely to launch new industrial output index - MarketWatch
NEW DELHI -(MarketWatch)- India plans to launch a new industrial output index in June which will reflect April's factory output growth, a senior government official said Monday. "How many articles will be included in the new ...
Glencore IPO order book fully covered after day 1 - MarketWatch
LONDON (MarketWatch) -- Glencore International PLC has received more than $11 billion in orders for its initial public offering after just one day of bookbuilding, a person close to the transaction said Thursday. ...
Brazil stocks drop on government-measure concerns - MarketWatch
LOS ANGELES (MarketWatch) — Brazil's currency fell and its stocks dropped to their lowest level in nearly three months on Tuesday after a government official said more measures aimed at curbing a rise in the country's ...
China's forex cache: too much of a good thing - MarketWatch
A source close to the bank said, under one proposal, an exchange balance fund through the State Administration of Foreign Exchange could be formed to intervene in foreign-exchange markets. Xu Nuojin, deputy governor of the central bank's Guangzhou ...
ThyssenKrupp sells unit to Spain's Gestamp - MarketWatch
ThyssenKrup didn't disclose the price of the sale, but people familiar with the matter have previously told Dow Jones Newswires the sale could be worth a significant three-digit-million euro figure. ThyssenKrupp said the deal is now subject to ...
NYSE considered deals with LSE, ICAP, sources say - MarketWatch
XE, DBOEF), according to people familiar with the matter. The NYSE Euronext board weighed combinations with the London Stock Exchange Group PLC (LSE.LN) and ICAP PLC (IAP.LN, IAPLY), as well as Nasdaq OMX Group Inc. (NASDAQ:NDAQ) , which now is ...
Argentina oil workers end strike, return to work - MarketWatch
We returned to work at 8:00 pm [1900 EDT] last night," said a union member in the province who asked not to be named because he isn't an official spokesman for the union. A union spokesman couldn't be reached for comment. However, an oil industry ...
Paranapanema seeks sale of fertilizer unit - MarketWatch
BR) Previ, which is Paranapanema's largest shareholder, according to a Banco do Brasil officer who declined to be named. The new laws aim to boost pension funds' investments in real estate, considered safer investments. Pedro Galdi, analyst with SLW ...
EU reaches consensus on derivatives exemptions - MarketWatch
... BRUSSELS -(MarketWatch)- A consensus has emerged among the European Union's 27 countries to exempt most companies and short-term foreign exchange instruments from clearing obligations for derivatives, according to a person familiar with the matter. ...
Hana Financial: Goldman Sachs sold partial stake - MarketWatch
A Hana official, who declined to be identified, said Goldman sold around 7 million shares at KRW43,000 a share, which would be a KRW301 billion block sale. The official said Goldman now owns around 4.67% in Hana. Goldman invested around $520 million in ...
China banks need $31 billion through 2016: report - MarketWatch
Chinese lenders will also likely need to raise an additional 1.26 trillion yuan in supplementary capital over the six years, the report cited the unidentified source as saying. The report said its source declined to be named because the calculations ...
Yuan hub plan to benefit Singapore's banks: UBS - MarketWatch
(PINK:OVCHF) The Wall Street Journal cited people familiar with the matter as saying the Monetary Authority of Singapore is in talks with the Chinese central bank, seeking to become an active market for buying and selling yuan.
Treasury's Massad Is Likely to Be Next TARP Overseer - MarketWatch
... House is expected to nominate Timothy Massad as Treasury Department assistant secretary for financial stability, placing him in charge of managing the government's Troubled Asset Relief Program investments, people familiar with the matter said. ...
Economic data would slow to trickle in a shutdown - MarketWatch
Obama administration officials said Thursday that, while final plans remain in flux, the agencies collecting data on key reports on employment, inflation and the nation's gross domestic product will likely have to close if there is a shutdown. ...
HDFC to Sell Up to 7.75 Billion Rupees in Bonds - MarketWatch
The Indian mortgage lender is selling two-year bonds at a yield of 9.55% at par, the people, who declined to be named, told Dow Jones Newswires. The issue has a core size of 3.75 billion rupees but the company has the option to raise an additional 4 ...
Financials' rise helps lift Dow and S&P 500 - MarketWatch
... IntercontinentalExchange Inc. (NYSE:ICE) , has no plans to make a counteroffer for Nasdaq. The Reuters report quoted a person close to the NYSE as saying that any pairing of the NYSE and Nasdaq exchanges would face “insurmountable antitrust problems.”
Financials' early rise helps lift Dow and S&P 500 - MarketWatch
... IntercontinentalEexchange Inc. (NYSE:ICE) , has no plans to make a counteroffer for Nasdaq. The Reuters report quoted a person close to the NYSE as saying that any pairing of the NYSE and Nasdaq exchanges would face “insurmountable antitrust problems.”
Zambia Drops Charges in Chinese Shooting Case - MarketWatch
The Zambian state prosecutor has dropped charges against two Chinese mine supervisors accused of shooting at least 13 Zambian miners during a wage protest in October, a government official said Tuesday. The trial of Xiao Li Shan and ...
Russian Mobile-Retailer Euroset to Float in London - MarketWatch
The flotation is planned for April, a person close to the deal said, with the company expected to raise $140 million through the issue of new shares. Most of the shares offered to the market will be those belonging to shareholder Alexander Mamut, ...
Report to Detail Subprime Underside - MarketWatch
The Senate report is expected to disclose that Morgan Stanley, one of Goldman's biggest Wall Street rivals, was a large counterparty in the Hudson deal, according to people familiar with the matter. Morgan Stanley made about $1.2 billion in bullish ...
Dish, Icahn reportedly makes bids for Blockbuster - MarketWatch
... by Chief Executive Charlie Ergen, and Icahn have submitted bids for Dallas-based Blockbuster (OTCQB:BLOAQ) , which is set for a bankruptcy court auction on Monday, The Wall Street Journal reported, citing unnamed sources close to the situation. ...
India's DoT Gets Stay on Idea-Spice Merger - MarketWatch
New Delhi - India's Department of Telecommunications has obtained a court order to stay the merger of Idea Cellular Ltd and Spice Communications Ltd, a senior government official said Friday. ...
Sesa Goa Moves Closer to Cairn India Open Offer - MarketWatch
... NEW DELHI – Sesa Goa Ltd., a unit of diversified London-based miner Vedanta Resources PLC, has received the Indian market regulator's approval to launch its open offer for shares in Cairn India Ltd. a person familiar with the matter said Friday. ...