Banks News Updates
Almost 5% of Global Copper Output Disrupted, Standard Bank Says (Bloomberg)
28 February 2010
March 1 (Bloomberg) -- Walter de Wet , a London-based analyst at Standard Bank Plc, comments on the impact from the Chile earthquake in an e-mail today.
Chile Quake to Delay Central Bank Tightening as Recovery Slows (Bloomberg)
28 February 2010
March 1 (Bloomberg) -- Chile’s central bank will probably delay raising interest rates as the country’s biggest earthquake since 1960 slows its economic recovery, analysts from Goldman Sachs Group Inc. and Moody’s Economy.com said.
Yen Falls as Japanese Government Puts Pressure on Central Bank (Bloomberg)
28 February 2010
March 1 (Bloomberg) -- The yen fell against higher- yielding currencies including Australia’s dollar after Japan’s government increased pressure on the central bank to expand monetary easing to fight deflation.
DePaul picks PNC Bank for campus (Chicago Tribune)
28 February 2010
DePaul University has selected PNC Bank to provide financial services for students, faculty and staff.
S.A. food bank, state team up (San Antonio Express-News)
28 February 2010
San Antonio's food bank will be helping qualify eligible Texans for food stamps beginning today, thanks to special approval from federal officials designed to shorten long wait times.
Ping An Shares Rise After Report Bank Acquisition Plan Approved (BusinessWeek)
28 February 2010
Ping An Insurance (Group) Co. shares opened higher in Shanghai after a report it had won government approval for a plan to acquire Shenzhen Development Bank Co.
Deutsche Bank Hires Otani to Cover Japanese Property Stocks (Bloomberg)
28 February 2010
March 1 (Bloomberg) -- Deutsche Bank AG said Yoji Otani will join its research team in Tokyo from Credit Suisse Group AG to cover Japanese real estate, construction and housing stocks.
Tanzania: BoT Ready to Help in UK Barrick IPO - AllAfrica.com
28 February 2010
Tanzania: BoT Ready to Help in UK Barrick IPOAllAfrica.comBank of Tanzania (BoT) Governor Benno Ndulu yesterday said the central bank would consider granting permission to Tanzanians to take part in African Barrick ...
Oil extends rally, rises above 80 dollars - Geo TV
28 February 2010
Oil extends rally, rises above 80 dollarsGeo TV... the US dollar opened a little bit weaker against the euro," said David Moore, a commodity strategist with the Commonwealth Bank of Australia in Sydney. ...and more »...
Actelion: Tracleer Misses Main Goal In IPF Study - Capital.gr (press release)
28 February 2010
Actelion: Tracleer Misses Main Goal In IPF StudyCapital.gr (press release)... idiopathic pulmonary fibrosis would have meant a welcome acceleration of sales for Actelion," said Andrew Weiss, analyst at Zurich-based bank Vontobel. ...and more »...
Surging metals prices boost Asian markets - Trading Room
28 February 2010
Surging metals prices boost Asian marketsTrading RoomGreece is never far from the headlines," said Khoon Goh, senior economist at ANZ bank in Wellington. The EU's economic supervisor Olli Rehn was due to begin ...
New approach could produce multi-function nanodevices - Nanowerk LLC
28 February 2010
Nanowerk LLCNew approach could produce multi-function nanodevicesNanowerk LLCThe signals' ultimate destination could be, as an example, a memory “bank” operated by a magnetic field. When the researchers switch the electric field, ...and more »...
Century Case Starts Hitting Other Party - Tempo Interaktif
28 February 2010
Century Case Starts Hitting Other PartyTempo InteraktifTEMPO Interactive, Jakarta: A politician with the Prosperous Justice Party was reported the national police for his involvement in Bank Century bail out ...and more »...
South Korea pushes for global swaps regime - Financial Times
28 February 2010
South Korea pushes for global swaps regimeFinancial TimesBrian Jackson, senior strategist at Royal Bank of Canada, said Asian economies would probably only let reserves dwindle over five to 10 years as domestic ...