Daily Post

Haiti quake survivors spend second night in streets

Twenty-four hours after the earthquake, and we flew into Port-au-Prince. Just along the tarmac we found some aid trickling in. The airport buildings here have been damaged but not, it seems, the runway.
Many of those who can, are leaving. Millions, though, are left behind in a country that can barely function, even without a disaster.
Many of the UN peacekeepers stationed here are among the dead. This country - so often forgotten by the world - now needs its help more than ever.

Source - BBC - News 14/01/2010

Financial News

Emerging Markets

Emerging-Market Stock Rally May Match 40% Increase in Profits, Fortis Says Emerging-market corporate profits may rise as much as 40 percent this year, and it’s “reasonable” for stocks to post similar gains, according to Fortis Investments said.

India Overtakes China as Biggest Palm Oil Buyer on Rising Incomes, Demand India surpassed China as the world’s biggest buyer of palm oil as rising incomes increased demand for fried and processed foods and drought reduced domestic cooking oil production, according to a processor group.

China's Stock Declines Offer `Buying Opportunities,' Goldman Sachs Says Chinese stock declines spurred by tighter lending restrictions may be “short-lived” and offer investors buying opportunities in the world’s fastest growing major economy, Goldman Sachs Group Inc. said.

Brazil's Tax Ministry Said to Probe Hyundai Car Imports Over Tax Evasion Brazil’s tax agency is investigating Hyundai Motor Co. imports to determine whether the South Korean automaker’s distributor in the country is evading taxes, a government official familiar with the inquiry said.

Philippine Stock Exchange's Longest-Serving CEO Lim Quits on Health Advice Philippine Stock Exchange Inc. President and Chief Executive Officer Francis Lim said he will step down next month as doctors had advised him to “lay low” since treatment on coronary arteries in 2006.

Source - Bloomberg - 14/01/2001