International Personal Finance Plans 5Y EUR200M High Yield Bond
27th Jul 2010 10:06
LONDON (Dow Jones)--Lender International Personal Finance PLC (IPF.LN) is planning a five-year, EUR200 million high-yield bond to repay the company's existing bank debt, one of the banks working on the deal said Tuesday. Citi and HSBC Holdings PLC are joint bookrunners on the unsecured notes.
Read moreMARKET TALK: UK Banks Jump On Basel 3 Watered-Down Rules
27th Jul 2010 10:05
0905 GMT [Dow Jones] UK banks are sharply higher on news that Basel 3 proposals have been watered down, analysts say. Lloyds Banking (LYG) and Barclays (BCS) particularly gaining from new requirements that will see both being able to recognize some minority interest capital as Tier 1 capital. Credi
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
27th Jul 2010 10:05
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0905 GMT [Dow Jones] UK banks are sharply higher on news that Basel 3 proposals have been watered down, analysts say. Llo
Read moreUK 2040 Inflation-Linked Bond Tap Guidance Nov 2037 UKTI +0-0.02
27th Jul 2010 09:05
LONDON (Dow Jones)--The U.K. has set price guidance on its planned syndicated tap of its 0.625% inflation-linked bond, one of the banks running the sale said Tuesday. The tap will price with a spread of between zero and two basis points over the 1.125% linker maturing November 2037. Order bo
Read moreMARKET TALK: July HSI Futures +0.9%; Positive N/B Bias
27th Jul 2010 08:51
0751 GMT [Dow Jones] July HSI futures +0.9% at 21,023, rising tad more than cash market's +0.8%, marking 6th straight session of gains for HK market. Volume hefty at 90,779 lots, bulk of which likely derived from rollover with contract expiring Thursday. August HSI futures +0.9%, trading at less tha
Read moreShimao Property Plans Senior Note Issue For New Projects, Debt Repayment
27th Jul 2010 02:25
HONG KONG (Dow Jones)--Mainland China developer Shimao Property Holdings Ltd. (0813.HK) said in a statement Tuesday it plans to issue senior notes to repay existing debt and develop new projects. The developer didn't give any details about the offering, such as its size, but said its completion
Read moreMARKET TALK: HK Short Sales +3.1% Tuesday; ICBC Leads
27th Jul 2010 00:35
2335 GMT [Dow Jones] HK short-selling volume +3.1% at HK$2.90 billion yesterday, as percentage of total market volume at 5.4% tad higher than Monday's 5.1% but remained benign, suggesting bears for now not looking to aggressively add to positions, deterred by HSI's 6-day winning streak. ICBC (1398.H
Read moreAT A GLANCE: A Roundup Of Analyst Opinion On EU Stress Tests
26th Jul 2010 11:44
THE EVENT: The European Union's Committee of European Banking Supervisors, or CEBS, on Friday released results showing E.U. banks largely passed a round of government stress tests, with just a few institutions found to need further capital as a buffer against further economic and sovereign risks.
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
26th Jul 2010 08:16
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0716 GMT [Dow Jones] All UK banks included in the EU-wide bank stress tests--Barclays (BCS), HSBC (HBC), Royal Bank of Sc
Read moreMARKET TALK: UK Banks Up; Stress Tests Provide Comfort -Shore
26th Jul 2010 08:16
0716 GMT [Dow Jones] All UK banks included in the EU-wide bank stress tests--Barclays (BCS), HSBC (HBC), Royal Bank of Scotland (RBS.LN), Lloyds Banking Group (LYG)--passed, as expected, says Shore Capital, with tier 1 ratios comfortably above 6% under the adverse scenario. Takes comfort, in isolat
Read moreMARKET TALK: HSI +0.5%; 20,300-21,300 This Week - CPY
26th Jul 2010 07:50
0650 GMT [Dow Jones] HSI +0.5% at 20,921.15, adding to 3.6% gain over past 4 sessions, supported by Wall Street rally, but yet to test psychologically key 21,000 level. Core Pacific-Yamaichi says HSI likely to continue uptrend this week, on optimism over land auction Wednesday and upcoming result an
Read moreCORRECT:MARKET TALK:HSI +0.2% Midday;21,000 Key Cap-Strategist
26th Jul 2010 07:29
0629 GMT [Dow Jones] (An item at 0442 GMT mischaracterized the HSI's early high. The correct version follows:) HSI +0.2% at 20,860.01 midday, adding to 3.6% rise over past 4 sessions supported by Wall Street gains, but further upside likely capped after recent strength, says Linus Yip, strategist at
Read moreMARKET TALK: HSBC +0.6%; HK$80 As N/T Cap - First Shanghai
26th Jul 2010 05:08
0408 GMT [Dow Jones] HSBC (0005.HK) +0.6% at HK$77.35, adding to 4.0% rise over past 4 sessions, supported by news it passed Europe-wide bank stress test. Linus Yip at First Shanghai says recent gains in HSBC may have partly factored in stress test result. Expects psychological HK$80 as strong cap n
Read moreMARKET TALK: HSI +0.5%, Shy Of 21,000; Reporting Season Eyed
26th Jul 2010 03:25
0225 GMT [Dow Jones] HSI just shy of psychological 21,000, last +0.5% at 20,918.68 after earlier touching 20,963.08, tracking gains in U.S. stocks' rally but profit-taking caps upside, given HSI already +3.6% past 4 sessions. Volume strong at HK$7.46 billion in first 15 minutes. HK blue chips starti
Read moreMARKET TALK: HSBC +0.8% Pre-Mkt; Passes EU Bank Stress Test
26th Jul 2010 02:49
0149 GMT [Dow Jones] HSBC (0005.HK) +0.8% at HK$77.50 at pre-market, extending past 4 sessions' 4.0% rise, supported by news it passed Europe-wide bank stress test. But any further rise likely capped after its recent rally, while stress test result doesn't appear completely surprising with European
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