"Wallstreet" Reader |
- Yuan Investors Skirt PBOC Limits
- U.S. Patent Chief to Step Down
- Prosecutors Oppose Gupta Bid to Stay Free Pending Appeal
- China Cosco Plans $1 Billion U.S. Bond
- ICOA Denies It Was Bought by Google
- Greek Deal Lifts Asian Shares
- In China, Hidden Risk of 'Shadow Finance'
- US Airways Says Sandy Cost $35 Million in Profits
- ResCap Creditors Target Cash From Ally Asset Sales
- Insurance Shift Worries Regulator
- Intrade, Facing Charges, Won't Take U.S. Bets
- Hong Kong's Hazy Outlook
- Starbucks in China Plays to Local Tastes
- Lehman Sells Landlord Archstone for $6.5 Billion
- Canadian to Lead BOE
- ArcelorMittal Chief to Meet Hollande
- Amazon Taps Bond Market
- McGraw-Hill Sells Education Unit
- FDA Says TB Drug Appears Safe
- Honda CEO Aims to Boost U.S. Exports
| Yuan Investors Skirt PBOC Limits Posted: 26 Nov 2012 07:44 PM PST Chinese investors have found new ways to get around Beijing's strict controls on the yuan, which is already trading at the strongest level of its daily trading limit.       |
| U.S. Patent Chief to Step Down Posted: 26 Nov 2012 07:21 PM PST U.S. patent chief David Kappos, who will step down in January, is leaving his successor a couple of gifts: an overhauled patent code and a somewhat smaller application backlog.     |
| Prosecutors Oppose Gupta Bid to Stay Free Pending Appeal Posted: 26 Nov 2012 07:00 PM PST Prosecutors asked a federal appeals court Monday to deny a former Goldman Sachs Group Inc. director's request to remain free on bail while he tries to overturn his conviction on insider-trading charges.     |
| China Cosco Plans $1 Billion U.S. Bond Posted: 26 Nov 2012 07:42 PM PST Shipping giant China Cosco Holdings plans a $1 billion, 10-year U.S. dollar bond offer, as it struggles to shore up its finances amid a shipping downturn.     |
| ICOA Denies It Was Bought by Google Posted: 26 Nov 2012 05:53 PM PST Wi-fi provider ICOA denied it had been acquired by Google, after a statement posted on PRWeb.com said Google had purchased the company for $400 million.     |
| Posted: 26 Nov 2012 06:53 PM PST Asian markets were higher after euro-zone finance ministers reached a deal to release the next tranche of bailout funds to Greece. The Hang Seng rose 0.3%.     |
| In China, Hidden Risk of 'Shadow Finance' Posted: 26 Nov 2012 06:05 PM PST The links between China's state-owned banks and its nonbank lenders are coming under scrutiny as regulators weigh who is liable for defaults on private loans.     |
| US Airways Says Sandy Cost $35 Million in Profits Posted: 26 Nov 2012 03:37 PM PST US Airways Group Inc. said Superstorm Sandy cost the airline $35 million in profits, as the storm contributed to a decrease in bookings that stretched into November.     |
| ResCap Creditors Target Cash From Ally Asset Sales Posted: 26 Nov 2012 03:52 PM PST The group wants the funds from a string of asset sales before any goes to the U.S. government, which funded a $17.2 billion bailout of Ally Financial.     |
| Insurance Shift Worries Regulator Posted: 26 Nov 2012 02:33 PM PST New York's financial-industry watchdog warned other state regulators that a plan to revise rules on how life insurers set up claims reserves may hurt consumers and lead to insolvencies.     |
| Intrade, Facing Charges, Won't Take U.S. Bets Posted: 26 Nov 2012 04:44 PM PST Intrade said it would no longer accept bets made by U.S. residents, a move that came just hours after U.S. regulators filed a civil complaint against the company over its commodities-focused markets.     |
| Posted: 26 Nov 2012 07:52 AM PST Diesel fumes from aging trucks and buses that clog the narrow streets are putting Hong Kong on course for one of its worst years ever for roadside air pollution.     |
| Starbucks in China Plays to Local Tastes Posted: 26 Nov 2012 03:34 PM PST After nearly 14 years of working to persuade China to buy into its foreign coffee culture, Starbucks is aiming to become more Chinese as it plans a rapid expansion in the country.
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| Lehman Sells Landlord Archstone for $6.5 Billion Posted: 26 Nov 2012 05:42 PM PST Apartment giants Equity Residential and AvalonBay Communities have agreed to pay $6.5 billion to buy multifamily landlord Archstone from Lehman Brothers in a real-estate deal that shows robust demand for the rental apartment sector.     |
| Posted: 26 Nov 2012 05:42 PM PST Mark Carney, a former investment banker who runs Canada's central bank, will become governor of the Bank of England in July, a surprise pick that promises to bring change to the bank's insular culture.     |
| ArcelorMittal Chief to Meet Hollande Posted: 26 Nov 2012 05:01 PM PST ArcelorMittal Chairman Lakshmi Mittal was scheduled to meet with President François Hollande on Tuesday to discuss the company's plans to close a French operation.     |
| Posted: 26 Nov 2012 06:48 PM PST Amazon.com tapped capital markets with its first bond offering in nearly 15 years, raising $3 billion for what it said were "general corporate purposes."     |
| McGraw-Hill Sells Education Unit Posted: 26 Nov 2012 05:49 PM PST McGraw-Hill agreed to sell its education unit to Apollo Global Management for $2.5 billion, capping a process that took more than a year to complete.     |
| Posted: 26 Nov 2012 06:47 AM PST The FDA said said a proposed experimental drug being developed by a unit of J&J to treat a drug-resistant form of tuberculosis appeared "safe and well-tolerated."     |
| Honda CEO Aims to Boost U.S. Exports Posted: 26 Nov 2012 08:15 AM PST Honda CEO Takanobu Ito said his company could greatly increase exports from the U.S., part of a broader shift away from Japan to escape the effects of the strong yen.     |
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