4thUPDATE:Dubai World $23.5B Debt Talks End, No Deal In View
22nd Jul 2010 15:32
(Adds comments.) By Oliver Klaus, Summer Said and Tahani Karrar-Lewsley Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--A long awaited meeting between Dubai World and its creditors ended Thursday with little hope of an immediate agreement to restructure $23.5 billion of the conglomerate's
Read moreGETTING PERSONAL: More Offshore Account Holders Fess Up
22nd Jul 2010 12:35
(This article was originally published Wednesday.) By Arden Dale A DOW JONES NEWSWIRES COLUMN Americans unnerved by an expanded tax evasion probe are stepping out of the shadows to tell the Internal Revenue Service about more overseas savings accounts they had used to hide money away.
Read moreDSGI To Close Books Early On GBP150 Million Five-Year Bond
22nd Jul 2010 11:25
LONDON (Dow Jones)--Electrical and computing retailer DSG International PLC (DSGI.LN) will close the order books on its expected GBP150 million, five-year bond at 1100 GMT, earlier than originally stated, one of the banks running the sale said Thursday. The issue, which is expected to launch and
Read moreHK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc
22nd Jul 2010 09:32
Following is the related link: http://www.hkexnews.hk/listedco/listconews/sehk/20100722/LTN20100722167.pdf Stock Code: 5 -12- Source: Hong Kong Exchanges & Clearing (END) Dow Jones Newswires July 22, 2010 04:32 ET (08:32 GMT)
Read moreRCI Banque Taps Existing 4% 2013 Bond For A Modest EUR175M
21st Jul 2010 15:33
LONDON (Dow Jones)--RCI Banque, the financing arm of French auto maker Renault SA (RNO.FR), tapped its existing EUR500 million 4% 2013 bonds for a modest EUR175 million Wednesday, one of the lead managers on the deal said. BNP Paribas SA, Citigroup Inc. and HSBC Holdings PLC led the deal, which
Read moreUPDATE: 3-Month Euribor Drifts Up Ahead Of Stress-Test Results
21st Jul 2010 14:50
By Neelabh Chaturvedi and Nina Koeppen Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The cost of borrowing euros in the interbank market drifted up to its highest level in over 11 months Wednesday, with money-market rates expected to be volatile ahead of the publication of bank stress-test resu
Read moreGETTING PERSONAL: More Offshore Account Holders Fess Up
21st Jul 2010 14:00
By Arden Dale A DOW JONES NEWSWIRES COLUMN Americans unnerved by an expanded tax evasion probe are stepping out of the shadows to tell the Internal Revenue Service about more overseas savings accounts they had used to hide money away. A year ago, a wave of such disclosures came mostly fr
Read moreUPDATE: Zetar Sees Festive Sales Boost From Toy Story Range
21st Jul 2010 13:34
(Adds executive comment, share price) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. confectionery and snack foods company Zetar PLC (ZTR.LN) said Wednesday it expects the launch of its Toy Story-themed products to drive sales in the run up to the key Christmas tradin
Read moreDSGI To Price GBP150M 5-Year Bond To Yield 9%-9.25%
21st Jul 2010 09:00
LONDON (Dow Jones)--Electrical and computing retailer DSG International PLC (DSGI.LN) will price its expected GBP150 million, five-year bond issue to yield between 9% and 9.25%, one of the banks leading the deal said Wednesday. Barclays Capital, BNP Paribas SA, Citigroup Inc., HSBC Holdings and
Read moreZetar FY10 Profit Surges On New Products; Strong Start To FY11
21st Jul 2010 08:55
LONDON (Dow Jones)--U.K. confectionery and snack foods company Zetar PLC (ZTR.LN) Wednesday announced a solid start to current year trading, as it posted a surge in 2010 fiscal-year pretax profit as a result of higher sales driven by cheaper ranges. Zetar, which makes Kinnerton chocolate and als
Read moreMARKET TALK: HK Short Sales Down 18.7% Midday; Angang Leads
21st Jul 2010 07:28
0628 GMT [Dow Jones] HK short-selling volume down 18.7% at HK$1.145 billion at interval, 3.8% of market's total volume vs 4.7% Tuesday's half-day, indicating bears reluctant to add positions as HSI extends gains (+0.6% midday). Angang Steel (0347.HK) leads with HK$84.57 million, then A50 (2823.HK) w
Read moreMARKET TALK: HK Short Sales Down 3.3% Wed; Angang Steel Tops
21st Jul 2010 00:39
2339 GMT [Dow Jones] HK short-selling volume down 3.3% at HK$2.434 billion Wednesday, 4.4% of market total volume, vs 4.9% Tuesday, suggests bears reluctant to add positions with HSI +2.0% over past 2 sessions. Angang Steel (0347.HK) leads with HK$193.22 million, China Life (2628.HK) with HK$110.02
Read moreUS Banks Pay Bulk Of GBP2.5B UK Bonus Tax, Hitting Earnings
20th Jul 2010 18:20
By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.S. banks have paid the bulk of the U.K.'s GBP2.5 billion ($3.8 billion) bonus tax that was designed to curb excessive pay, hitting their second-quarter earnings while creating a windfall for the U.K.'s new government. Accordi
Read moreIDBI Bank Plans To Meet USD Bond Investors In July 26 Week - Sources
20th Jul 2010 12:41
MUMBAI (Dow Jones)--India's IDBI Bank (500116.BY) plans to meet potential investors in its U.S. dollar denominated bond program next week, three bankers involved in the matter said Tuesday, amid speculation that the bank may soon launch an issue. IDBI will hold a series of meetings with investor
Read moreMARKET TALK: HK Short Sales Down 15.3% Midday; HSBC Tops List
20th Jul 2010 07:23
0623 GMT [Dow Jones] HK short-selling volume down 15.3% at HK$1.408 billion at interval, 4.7% of market total volume, vs 7.0% Monday's half-day, as bears deterred with HSI's 1.4% rebound after recent falls. HSBC (0005.HK) leads with HK$129.51 million, then Agricultural Bank of China (1288.HK) with H
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