Archive for June 13th, 2008

US futures sag as inflation fear batters equities

Friday, June 13th, 2008

* Dow Jones futures DJU8 fall 0.3 pct while S&P 500futures SPU8 ease 0.2 pct, Nasdaq 100 futures NDU8 fall 0.3pct. Indicative DJ index .DJII loses nearly 1 pct, echoingslide in European markets . * Focus on U.S. consumer price ...

Japan’s Kanagawa prefecture eyes smoking ban

Friday, June 13th, 2008

By Yoko Kubota TOKYO, June 13 (Reuters) - A region near Tokyo has proposedwhat would be Japan's first ban on smoking in all public areas,including bars, but the proposal faces opposition fromrestaurant and cafe associations worried about losing customers. ...

UPDATE 1-Menswear retailer Moss Bros underlying sales fall

Friday, June 13th, 2008

(Adds analyst, detail, background, shares) LONDON, June 13 (Reuters) - British menswear chain Moss Bros(MOSB.L: Quote, Profile, Research, Stock Buzz) said on Friday like-for-like sales for the first 19weeks of the year were down 1.5 percent amid rising inflationand a gloomy ...

BHP hopes to export more nickel concentrate

Friday, June 13th, 2008

LONDON, June 13 (Reuters) - BHP Billiton Ltd (BHP.AX: Quote, Profile, Research, Stock Buzz) hopesto export more nickel concentrates to other processing plantsover the next four months while its Australian nickel smelterand refinery is closed for repairs, the miner said on Friday. ...

SAfrica’s COSATU to protest against rates in July

Friday, June 13th, 2008

JOHANNESBURG, June 13 (Reuters) - South Africa's powerfulCOSATU labour federation will demand lower interest rates aspart of a planned protest campaign and one-day national strikenext month, it said on Friday. COSATU said this week it would embark on mass action fromJuly ...

German car insurers head towards the red -body

Friday, June 13th, 2008

FRANKFURT, June 13 (Reuters) - A brutal price war inGermany's 21 billion euro ($32.4 billion) motor insurance marketmay push the segment as a whole into a loss this year for thefirst time since 2003, industry body GDV said on Friday. "We've ...

Windies pace battery put Oz on backfoot

Friday, June 13th, 2008

Australia were struggling at 226 for seven after a rain-shortened first day of the third test against ...

M&A value dips to 1/3rd in 2008

Friday, June 13th, 2008

New Delhi, June 13: Sluggish trend in the global and domestic economies seem to have hit the country's ...

Uneasy mood stalks markets

Friday, June 13th, 2008

Last Updated: June 13, 2008: 5:53 AM EDTStocks to retire on: US BancorpMore VideosLONDON?CNNMoney.com) -- U.S. stock futures fell Friday as investors moved to the sidelines ahead of a key inflation reading and expressed disappointment over failed deal talks between Microsoft and Yahoo.At 5:25 a.m. ET, Nasdaq and S&P futures ...

JGBs trim losses after cautious Shirakawa comments

Friday, June 13th, 2008

By Rika Otsuka TOKYO, June 13 (Reuters) - Japanese government bond futuresfell but were off an 11-month low on Friday, as comments fromBank of Japan Governor Masaaki Shirakawa helped cool speculationthe central bank will boost interest rates in coming months tocontain ...