Opec ready to meet Asian demand rise - November 29, 2007 15:00

Opec ready to meet Asian demand rise ABU DHABI / SINGAPORE UAE Energy Minister Mohammed bin Dha’en Al Hamili yesterday reiterated readiness of the members of Organisation of Petroleum Exporting Countries (Opec) to increase their oil production to meet the rising demand in Asia. Al Hamili, Source: c.moreover.com Ivorian cocoa union says to blockade San [...]

Tokyo pushes up to two-week high - November 29, 2007 13:00

Tokyo pushes up to two-week highJapanese equities rose more than 2 per cent with a fall in the yen to below the Y110 to the dollar level pushing the Nikkei up 2.4 per cent to 15,513, its highest close in over two weeksSource: www.ft.com

E*Trade gets $2.55 bln cash infusion from Citadel - November 29, 2007 13:00

E*Trade gets $2.55 bln cash infusion from Citadel NEW YORK (Reuters) – Online brokerage E*Trade Financial Corp , which has been pounded by credit woes in the mortgage business, said on Thursday that it was getting a $2.55 billion cash infusion from Citadel Investment Group. Source: feeds.reuters.com

IKB delays results due to subprime problems (AFP) - November 29, 2007 13:00

IKB delays results due to subprime problems (AFP) AFP – Troubled German business lender IKB, controlled by state-owned KfW bank, said Thursday it was delaying publication of quarterly results due Friday as its tries to account for its exposure to problem US subprime home loans. Source: news.yahoo.com

No hint from officials on whether Opec will increase output - November 29, 2007 13:00

No hint from officials on whether Opec will increase output Extract not available. Source: c.moreover.com

Mortgage banks lift FTSE after A&L update - November 29, 2007 11:00

London equities rose on Thursday, after Alliance & Leicester put a lower figure than feared on the amount of money it lost on torrid credit markets. Read More…

Credit turmoil hurts Warner Music, EMI’s plan: report - November 29, 2007 11:00

NEW YORK (Reuters) – Credit market turmoil is hampering plans by EMI Group and Warner Music to issue billions of dollars in debt backed by revenue from their publishing catalogues, the Financial Times reported in its online edition. Read More… STOCKHOLM (Reuters) – U.S. law firm Labaton Sucharow LLP has filed a class action suit [...]