- Las Vegas Sands’s Adelson Predicts Convention Booking Recovery Las Vegas Sands Corp. Chief Executive Officer Sheldon Adelson said Las Vegas convention bookings will recover in 2011 after collapsing during the recession.
- Asia Stocks Rise on Bank Agreement Report; Dollar Strengthens Asian stocks rose, led by Japanese financial institutions, after a report that agreement had been reached to allow banks up to 10 years to shore up their capital. The dollar rose as traders speculated the Federal Reserve will signal it is preparing to drain money from the financial system.
- Berlusconi Set to Leave Hospital Today; Under Orders to Rest Italian Prime Minister Silvio Berlusconi is set to check out today from the Milan hospital where he was treated for a fractured nose and two broken teeth after being assaulted at a Dec. 13 political rally.
- Japanese Banks Jump on Nikkei Report on Capital Rules (Update4) Mizuho Financial Group Inc. jumped the most in more than a year, leading Japanese bank shares to their largest gain since May, after a report lenders will be given at least 10 years to comply with stricter capital rules.
- Kerala Plans 1st Islamic Bond as Dubai May Curb Funds (Update1) Kerala, the communist-ruled Indian state that relies on Middle East remittances for a quarter of its economy, plans to sell the nation’s first Islamic bonds next year to help pay for infrastructure projects.
- Foreign Investment in China Jumps 32% on Year Earlier (Update2) Foreign direct investment in China climbed at the fastest pace in 16 months in November, lured by a strengthening recovery in the world’s third-largest economy.
- Vietnam Banks May Gain Next Year on Higher Rates, Manulife Says Vietnamese banking stocks are set for a “good year” in 2010 as higher interest rates increase profits, according to Mark Canizares, head of equities at Manulife Vietnam Fund Management.
- Gold Buying by Central Banks May Send Signal to Sell (Update1) Some of the biggest buyers of gold may be sending the strongest signal to sell it, if past performance is indicative of future results.
- Citigroup Says Abu Dhabi Seeks to End Share Purchase (Update3) Citigroup Inc. said the Abu Dhabi Investment Authority is seeking to end an agreement to buy the bank’s stock for more than eight times its current price, or to receive more than $4 billion in damages if the deal is upheld.
- Philippines Plans More Evacuations as Volcano Eruption Builds Authorities in the Philippines plan to evacuate thousands more people today from villages around Mount Mayon in the country’s east, as lava streamed down the volcano’s sides and ash plumes shot into the air.
- Letterman Extortion Threat Was ‘Crystal Clear,’ Prosecutors Say Robert “Joe” Halderman, the CBS Corp. television producer charged with trying to extort $2 million from David Letterman, was “crystal clear” in his threat to ruin the talk show host’s career and personal life, New York prosecutors said in court papers.
Bloomberg Daily News 16th December 2009
No comments:
Post a Comment