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...Markets Asian markets Nikkei 225 up +75.92 (+0.42%) at 18,207 Topix up +4.53 (+0.30%) at 1,499 Hang Seng down -190.16 (-0.82%) at 22,885 US markets S&P 500 up +0.55 (+0.03%) at 2,034 DJIA up +14.57 (+0.08%...
...Alcoa also benefited from the rally, up 2 per cent to $8.08. The Nasdaq Composite Index was better by 1.3 per cent to 3,706.18....
...(Wall Street Journal) IMF backs off filing on Argentina case in US Supreme Court: US opposition has abruptly killed the IMF’s plan to send an amicus curiae brief to the highest court in the United States...
...(Financial Times) Tiger Global Management has taken a 9.9% stake in Groupon, the hedge fund disclosed on Monday....
...Hungary may have to bow to IMF conditions Hungary’s government may have to reverse its position on ruling out International Monetary Fund conditions in exchange for financial aid, according to Barclays...
...Most of the data Sommers works with comes from the United States — though, that’s mostly because the United States is the only Western market which actively publishes anything close to running settlement...
...China on Wednesday in her campaign to head the International Monetary Fund after a stop in India failed to produce a public endorsement for her candidacy, the AP reports....
...It will take estimated charges of about $30m or $0.08 per share in the fourth quarter of its 2010 fiscal year, and approximately $20m or $0.05 per share during 2011....
...Hopes for economic recovery after the end of the country’s civil war drove the All-Share Price index 0.2 per cent higher at the end of the week to 3,706.72 – a 9.5 per cent rise in 2010....
...Donnelly was soliciting investor money for a new fund based on his claimed returns in the securities markets. In SEC v. James, Case No. 08-61516-CIV (S.D....
...Stephen Schork of the Schork report jumps on the United States Oil Fund issue on Wednesday. He too is blaming the size of the ETF for current distortions in front-month Nymex WTI contracts....
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