The following shares may rise or fall
in South Korea. Prices refer to the previous close. This preview
includes news announced after markets shut yesterday. Stock
symbols are in brackets after the company names.
The Kospi index lost 1.8 percent to 1,831.14. The Kosdaq
retreated 1 percent to 711.77. Kospi 200 futures expiring in March
slid 2.2 [...]
Jefferies Group Inc., the New York-
based brokerage that specializes in mid-sized companies, had a
fourth-quarter loss on bets made with the firms own money and
declining revenue from trading stocks and bonds.
Jefferies fell in New York trading after the company said in
a statement that its net loss will be $24 million, or 17 [...]
U.S. stocks fell for a fourth day,
extending their worst start since 2000, after lower oil prices
dimmed the profit outlook for energy producers and analysts said
slower growth will hurt earnings at technology companies.
Apple Inc., Research In Motion Ltd. And Dell Inc. led the
Nasdaq Composite Index to its steepest seven-day drop since
September [...]
J Sainsbury Plc, Britains third-
biggest supermarket chain, fell to the lowest in more then a
year in London trading after a report that the company may have
missed internal sales and profit goals over Christmas.
The Times reported that while Sainsbury is expected to say
this week it met analysts estimates of a 3.6 percent [...]
U.S. stocks advanced for the first
time this year on speculation the Federal Reserve will cut
interest rates to prevent the worlds largest economy from
sinking into recession.
Citigroup Inc., Bank of America Corp. and JPMorgan Chase %26amp;
Co., the biggest U.S. banks, climbed. Celgene Corp., a maker of
cancer treatments, rose after saying profit will jump [...]
Sales of collateralized debt
obligations worldwide may fall by 50 percent to 60 percent this
year as lower investor demand and higher interest costs make it
harder to issue the securities, according to Citigroup Inc.
Sales of CDOs, which repackage assets into new bonds with
varying risk, may total $259 billion, down from $522 billion [...]
Gordon Browns plane will have barely
departed New Delhis Indira Gandhi International Airport this
month before Nicolas Sarkozys arrives with another contingent
of executives seeking opportunities in Indias rapidly opening
markets.
The British prime minister and the French president,
separately visiting the week of Jan. 20, are bringing along
commercial delegations including retailers Tesco Plc and
Carrefour SA, attracted [...]
Persian Gulf shares advanced on
speculation of “strong fourth-quarter earnings growth.
Saudi Basic Industries Corp., Aabar Petroleum Investments
Co. and Gulf Cable and Electrical Industries Co. led the gains.
“Expectations of strong fourth-quarter earnings and
dividends are helping the stock markets as are low interest
rates, Rami Sidani, vice president for asset management [...]
In early 2001, economist Stephen
Roach raised a warning flag that enraged many peers: The U.S.
risks repeating Japans mistakes of the 1990s.
It was during the darkest days of the Nasdaq crash that
Roach, then Morgan Stanleys chief economist, began worrying
Japans malaise could be repeated in the No. 1 economy. The
concern was less [...]
The following shares may rise or fall
in South Korea. Prices refer to the Jan. 4 close. This preview
includes news announced after markets shut. Stock symbols are in
brackets after the company names.
The Kospi index gained 0.6 percent to 1,863.90. The Kosdaq
added 0.7 percent to 719.25. Kospi 200 futures expiring in March
rose 0.4 [...]
