Tuesday, June 30, 2009

Disney, Hong Kong agree to expand local theme park

Date: Tuesday, June 30, 2009

Disney, Hong Kong agree to expand local theme park

The Walt Disney Co. will spend HK$3.5 billion ($449 million) to fund an
expansion of the Disneyland theme park in Hong Kong, as part of a
strategy to attract more visitors and counter criticism of the park's
small size and lack of appeal to the growing number of mainland
tourists to the city.

TREASURYS DOWN AS ECONOMIC DATA BRIGHTENS A BIT

Treasury prices fall, pushing 10-year yields up for the first time in four
days, after reports show the pace of home-price declines may be
slowing and manufacturing data comes in surpisingly strong.

CONSUMER CONFIDENCE FALLS ON GLOOMIER JOBS VIEW

A reading on U.S. consumer confidence relapses in June, falling to
49.3 from a slightly downwardly revised 54.8 in May, as worries grow
about jobs and the
economy, the Conference Board reports.

EURO-ZONE JUNE ANNUAL CPI TURNS NEGATIVE

Annual consumer price inflation across the 16-nation euro zone turns negative.

U.S. HOME PRICES DOWN IN APRIL: CASE-SHILLER

U.S. home prices fell in April, but overall annual declines are slowing,
according to the latest national Case-Shiller home price index.

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