Saturday, February 13, 2010

International Headline News

Date: Saturday, February 13, 2010
TOP STORIES as of 0900 HKT -- 14 February, 2010

OFFENSIVE AGAINST TALIBAN MAKING PROGRESS
Two coalition soldiers have died in the offensive against the
Taliban in southern Afghanistan, NATO says, but overall is off
to a promising start

> CHANGES COMING TO DEADLY LUGE TRACK
The luge track on which a Georgian athlete died during an
Olympic training run will reopen Saturday after officials found
it had no deficiencies, the Vancouver Olympic committee and
International Luge Federation said.

> PRINCESS DIANA REVEALING LETTERS ON SALE
More than 30 letters and cards written by the late Princess
Diana were up for auction Saturday in London, revealing personal
details such as how she liked to open presents early and that
she had trouble coping with media attention.

> EIGHT KILLED IN INDIA BAKERY 'BOMB' BLAST
A explosion Saturday at a bakery in the western Indian city of
Pune killed at least eight people and injured 33 others,
authorities said.

> SKI-JUMPER WINS FIRST GOLD OF OLYMPICS
Switzerland's Simon Ammann claimed the first gold medal of the
2010 Winter Olympics in Vancouver when he won the opening men's
ski-jumping event on Saturday.

> TOYOTA RECALLS 8,000 TRUCKS OVER GLITCH
Toyota announced a voluntary safety recall of about 8,000
four-wheel-drive Tacoma trucks in North America, citing
potential production defects in the front drive shaft of certain
2010 models.

> SUU KYI AIDE RELEASED IN MYANMAR
A senior leader of the party of Myanmar pro-democracy leader
Aung San Suu Kyi was released Saturday night at the end of his
six-year house arrest.

> IRAQI MILITANT BLASTS UPCOMING ELECTIONS
A Sunni extremist leader has denounced the upcoming Iraqi
national elections and warned of insurgent acts against the
Shiite-led government.
~~~~~~~~~~
BUSINESS
~~~~~~~~~~~
> GOOGLE 'OPTIMISTIC' IT WON'T LEAVE CHINA
Google co-founder Sergey Brin said he's optimistic that his
search engine will not have to pull out of China over hacking
and censorship issues.

> EUROZONE ECONOMIC RECOVERY FALTERS
The eurozone's economic recovery faltered late last year as a
strong performance by France failed to offset stagnation in
Germany and contraction in Italy and Spain reports Eurostat, the
European Union's statistics office.

> REPORT SLAMS EUROSTAR FOR XMAS CHAOS
An independent report out Friday slammed Eurostar for the fiasco
that saw thousands of passengers stranded before Christmas when
winter weather hit the English Channel Tunnel.

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Friday, February 12, 2010

International Headline News

Date: Fri, Feb 12, 2010 at 8:02 PM
TOP STORIES as of 0900 HKT -- 13 February, 2010

GEORGIAN LUGER DIES IN OLYMPIC TRAINING CRASH
A luge slider from Georgia was killed Friday when he crashed
during an Olympic training session hours before the opening
ceremony of the Winter Games.

TROOPS IN MAJOR AFGHANISTAN OFFENSIVE
Afghan and international forces gearing up for a major offensive
in Helmand province dropped leaflets Friday warning people not
to give shelter to the Taliban.

BOUND BODIES FOUND IN AFGHANISTAN
The bound and gagged bodies of three women were found in a
compound in southeast Afghanistan, officials said Friday.
..
MOURNERS MARK MONTH AFTER HAITI QUAKE
Thousands of Haitians gather in Port-au-Prince to remember the
7.0-magnitude quake that devasted their capital in January.

REPORT: PRINCE ANDREW'S CAR HITS OFFICER
London police said Friday they are investigating a car accident
in which Prince Andrew reportedly struck a police officer while
driving into Buckingham Palace.

N. KOREA 'NOT EAGER' TO RESTART TALKS
North Korea is in no rush to resume stalled talks aimed at
persuading the country to give up its nuclear weapons arsenal,
the U.N. envoy to the country said Friday.

EUROPE'S ECONOMIC RECOVERY FALTERS
The eurozone's economic recovery faltered late last year as a
strong performance by France failed to offset stagnation in
Germany and contraction in Italy and Spain.

INDIA, PAKISTAN SET DATE FOR TALKS
Indian and Pakistani officials on Friday agreed to meet in New
Delhi later this month in a bid to resume talks disrupted by the
2008 Mumbai terror attacks.

BUSINESS
~~~~~~~~~~~
REPORT SLAMS EUROSTAR FOR XMAS CHAOS
An independent report out Friday slammed Eurostar for the fiasco
that saw thousands of passengers stranded before Christmas when
winter weather hit the English Channel Tunnel.

IS GREEK CRISIS HEADING FOR THE U.S?
It began in Athens. It is spreading to Lisbon and Madrid. But it
would be a grave mistake to assume that the sovereign debt
crisis that is unfolding will remain confined to the weaker
eurozone economies.

MCQUEEN BRAND IN TURMOIL
As the fashion world mourns the death of top British designer
Alexander McQueen, questions are raised over the future of his
multi-million dollar clothing brand.

Markets, Friday, 02/12/2010

Date: Friday, February 12, 2010

|---------------------------------------------------------------------------|
|    Dow   : 10099.14 down 45.05      | S & P     : 1075.51 down 2.96
|
|    NASDAQ: 2183.53 up 6.12          | Bond (10Y): 3.69%, 99.44
|----------------------------------------------------------------------------|


MARKETS:
Dow slides on China worries
Stocks retreat after China boosts bank reserves again, and European
economic growth misses forecasts. But gains earlier in the week mean
market breaks 4-week losing streak.

Breaking News: Olympic luger dies after crash in training


Date: Fri, Feb 12, 2010 at 4:11 PM

VANCOUVER, British Columbia (AP) -  The IOC has confirmed that a men's Olympic luger from the country of Georgia has died after a crash during training. The International Olympic Committee says doctors were unable to revive Nodar Kumaritashvili, and the 21-year-old died at a hospital. IOC president Jacques Rogge says the death "clearly casts a shadow over these games." Kumaritashvili lost control of his sled, went over the track wall and struck an unpadded steel pole near the finish line at Whistler Sliding Center.  The track is considered the fastest in the world, with speeds reaching 95 mph in training this week.


Stocks finish mixed, with blue chips sliding on concerns about China. Dow ends down 34 points, S&P dips 0.2%, but Nasdaq gains 0.3%.

Date: Fri, Feb 12, 2010 at 4:01 PM

Stocks finish mixed, with blue chips sliding on concerns about China.
Dow ends down 34 points, S&P dips 0.2%, but Nasdaq gains 0.3%.

U.S. stocks drop as China, EU spur global worries

Date: Friday, February 12, 2010

U.S.STOCKS DROP AS CHINA, EU SPUR GLOBAL WORRIES
U.S. stocks sink Friday as concerns about global growth spread in the
wake of a report showing sluggish fourth-quarter economic growth in
the euro zone and a move by China to tighten lending.

STOCKS IN FOCUS FOR FRIDAY
Among the companies whose shares are expected to see active trade in
Friday's session are Ingersoll-Rand, Agilent and Duke Energy.

STOCKS IN EUROPE LOWER AFTER DATA, CHINA HIKE
Stocks in Europe ended lower Friday, snapping a four-session run of
gains, hit by weak data out of the euro zone and more signs that China
is acting to cool its economy.

JAPAN, CHINA STOCKS LEAD ASIA MARKETS HIGHER
Asian equity markets end mostly higher Friday after a strong finish on Wall
Street, with resource sector stocks in China, Japan and Australia lifted by a
rise in commodity prices overnight.

WHAT FALLING CONSUMER SENTIMENT TELLS US
This morning's report of an unexpectedly big drop in consumer
sentiment may not be something about which to jump up and down for
joy. But it's not terrible news either.

Consumer sentiment falls in February as Americans grow more pessimistic about economy

Date: Friday, February 12, 2010

Consumer sentiment falls in February as Americans grow more
pessimistic about economy
02/12/2010 10:03:33 AM EDT

Energy: U.S. stocks sharply off on China tightening fears

Date: Friday, February 12, 2010

U.S. stocks open sharply lower Friday, led by the materials sector as
an increase in China's deposit-reserve ratio reignites concerns about
how demand for commodities might be impacted by tightening in China.

Dow Industrials fall below 10,000 as China banking moves sparks sharp market declines

Date: Friday, February 12, 2010

Dow Industrials fall below 10,000 as China banking moves sparks sharp
market declines
02/12/2010 09:44:14 AM EDT

Stocks open sharply lower after a move to limit growth by China's central bank rattles investors. Dow plunges 100 points.

Date: Friday, February 12, 2010

Stocks open sharply lower after a move to limit growth by China's
central bank rattles investors. Dow plunges 100 points.

Retail sales rose 0.5% in January, U.S. says - better than economists expected.

Date: Friday, February 12, 2010

Retail sales rose 0.5% in January, U.S. says - better than economists expected.

Thursday, February 11, 2010

International Headline News

Date: Thursday, February 11, 2010
TOP STORIES as of 0900 HKT -- 12 February, 2010

BILL CLINTON HOSPITALIZED WITH CHEST PAIN, GETS STENTS
Former U.S. President Bill Clinton underwent a procedure at New
York Presbyterian Hospital to place two stents in one of his
coronary arteries, his office said.

> CLASHES ON IRAN REVOLUTION ANNIVERSARY
Security forces clash with demonstrators on the sidelines of
official celebrations to mark the 31st anniversary of the
Islamic Revolution.

> IRAN RESUMES NUKE WEAPON WORK - U.S.
A soon-to-be released U.S. assessment of Iran's nuclear program
is expected to conclude that the government has resumed limited
work on a nuclear weapon, according to a U.S. official.

> 15 KILLED IN PAKISTAN SUICIDE BOMBINGS
Fifteen people were killed Thursday and at least 25 were wounded
in two suicide bombings in the Bannu District of Pakistan's
North West Frontier Province, officials said.

> SUICIDE BOMBER STRIKES U.S. BASE
Five U.S. soldiers were wounded Thursday when a suicide bomber
attacked a U.S. base, an Afghan official said.

> FASHION DESIGNER MCQUEEN FOUND DEAD
The world of fashion pays tribute to Alexander McQueen after the
40-year-old designer was found dead in his London home.

> HAITI JUDGE COULD RULE ON AMERICANS' FATE
A Haitian judge could rule Thursday on whether to release 10
Americans detained in Port-au-Prince on child abduction charges,
an attorney for one of the Americans said.

> CIRCUS TENTS FOR HAITI GOVERNMENT?
Several large circus tents previously used by Cirque du Soleil
are on their way to Haiti to be used as a temporary headquarters
for the Port-au-Prince government.

~~~~~~~~~~~
BUSINESS
~~~~~~~~~~~

> EU TO SUPPORT GREECE AMID CRISIS
The European Union called on Greece Thursday to do whatever is
necessary to reduce the country's skyrocketing budget deficit.

> FRENCH FINANCE MINISTER DEFENDS EURO
French finance minister Christine Lagarde said Wednesday the
euro has made the 16 European countries that use it "stronger"
and reinforced the level of trade among them.

> RIO TINTO EMPLOYEES IN CHINA CHARGED

The Australian government has asked the Chinese government to
treat the bribery case against four Rio Tinto employees
"transparently and expeditiously."

Breaking News: Bill Clinton undergoes heart procedure

Date: Thursday, February 11, 2010

WASHINGTON (AP) -  An adviser to Bill Clinton says the former
president has had two stents placed in one of his coronary arteries.
The adviser, Douglas Band, says Clinton was admitted to New York
Presbyterian Hospital on Thursday after experiencing chest discomfort.
Band says that after seeing his heart doctor, Clinton underwent the
procedure to place the stents in the artery. Band says Clinton is in
good spirits.

Markets, Thursday, 02/11/2010

Date: Thursday, February 11, 2010

|---------------------------------------------------------------------------|
| Dow : 10144.19 up 105.81 | S & P : 1078.47 up 10.34
|
| NASDAQ: 2177.41 up 29.54 | Bond (10Y): 3.72%, 99.19
|----------------------------------------------------------------------------|

MARKETS:
Dow gains 100 points as Greek debt fears ebb
A bigger-than-expected drop in weekly jobless claims also contributes
to Wall Street's advance.

Stocks finish higher on the EU pledge to aid Greece and a drop in jobless claims. Dow rises 107 points, Nasdaq climbs 1.4%.

Date: Thursday, February 11, 2010

Stocks finish higher on the EU pledge to aid Greece and a drop in
jobless claims. Dow rises 107 points, Nasdaq climbs 1.4%.

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Thursday's biggest gaining and declining stocks

Date: Thursday, February 11, 2010


Thursday's biggest gaining and declining stocks
:
Among the companies whose shares were seeing significant action in
Thursday's trading were Alcatel-Lucent, Boston Scientific, BT Group
and Glu Mobile.

COMMERCIAL LOAN LOSSES COULD THREATEN SYSTEM: COP
Over the next few years, a wave of commercial real-estate loan
failures couldthreaten America's financial system, and in the worst
case scenario, hundredsof additional community and midsize banks could
face insolvency, a congressional watchdog group says.

JOBLESS CLAIMS FALL BY BIGGEST AMOUNT SINCE JULY
First-time filings for state unemployment benefits drop by their
largest amountsince July, adding to evidence that the ailing labor
market may have begun to heal.

CHEVRON, REPSOL WIN ACCESS TO VENEZUELA OIL
Foreign companies will hold 40% of rights in Orinoco fields.

PHILIP MORRIS POSTS HIGHER PROFIT, SETS BUYBACK
Earnings benefit from pricing action, market-share growth.

Home prices slid another 12% during 2009, with the national median price hitting $173,200, says Realtors' group.

Date: Thursday, February 11, 2010

Home prices slid another 12% during 2009, with the national median
price hitting $173,200, says Realtors' group.

Stocks open modestly lower as investors remain jittery about global debt worries. Dow slips 11 points.

Date: Thursday, February 11, 2010

Stocks open modestly lower as investors remain jittery about global
debt worries. Dow slips 11 points.

Number of people filing for first-time unemployment benefits fell 43,000 to 440,000 last week - fewer than economists expected.

Date: Thursday, February 11, 2010

Number of people filing for first-time unemployment benefits fell
43,000 to 440,000 last week - fewer  than economists expected.

Deal reached on aid package for Greece: E.U. president

Date: Thursday, February 11, 2010

Deal reached on aid package for Greece: E.U. president
02/11/2010 07:19:49 AM EDT

Wednesday, February 10, 2010

China's Jan. consumer prices up less-than-expected 1.5%, but wholesale prices jump 4.3%

Date: Wednesday, February 10, 2010

China's Jan. consumer prices up less-than-expected 1.5%, but wholesale
prices jump 4.3%
02/10/2010 09:18:10 PM EDT

International Headline News

Date: Wednesday, February 10, 2010
TOP STORIES as of 0900 HKT -- 11 February, 2010

> IRAQ ORDERS FORMER BLACKWATER CONTRACTORS OUT
Iraq has ordered former employees of the private military
contractor once known as Blackwater to leave the country within
seven days, its interior minister said.

> GREEK WORKERS STRIKE OVER CUTS
Angry Greek workers walked off the job for 24-hours Wednesday to
protest against spending cuts the government claims are vital in
tackling national debt.

> HAITI SUPERMARKET RESCUES CALLED OFF
Search-and-rescue efforts at a supermarket in Haiti's capital
have ended after teams determined no one else was alive beneath
the rubble, an official told CNN Wednesday.

> HAITIANS CANCEL CARNIVAL CELEBRATION
In the central plaza, there was once an orgy of music, street
dancing and revelry unmatched by any other nation in the
Americas, Haitians say.

> HEAVY SNOW BATTERS EASTERN U.S.
Blizzard warnings are posted for the Washington metro area, New
York and other major Northeastern cities were under a blizzard
warning Wednesday morning.

> UK TOLD TO PUBLISH ALLEGED TORTURE FILE
The British government was ordered to publish previously secret
information Wednesday about the alleged torture of a former
British detainee by U.S. authorities.

> ARGENTINE DICTATOR TRIED ON 'DIRTY WAR'
Prosecutors asked Wednesday for a 25-year sentence for
Argentina's last dictator, who is on trial on charges that he
violated human rights during his 17-month rule in the early
1980s.

> OPPOSITION: VIRTUAL INFO BLOCKADE IN IRAN
Iran authorities impose an information blockade as opposition
leaders urge supporters to take to the streets on the 31st
anniversary of the founding of the Islamic Republic.

~~~~~~~~~~~
BUSINESS
~~~~~~~~~~~

> TOYOTA: 'WE FAILED TO CONNECT THE DOTS'
In his most complete explanation of the problems that beleaguer
Toyota, the company president said "we failed to connect the
dots" with accelerator problems in the United States and Europe.

> HONDA EXPANDS AIRBAG RECALL
Honda has expanded an airbag recall worldwide, covering 2001 and
2002 Accord, Civic, Odyssey, CR-V, and selected 2002 Acura TL
vehicles, the automaker said.

> CHINA NOW THE WORLD'S TOP EXPORTER
China overtook Germany last year to become world export
champion, official figures confirmed on Tuesday.

Markets, Wednesday, 02/10/2010

Date: Wednesday, February 10, 2010

|---------------------------------------------------------------------------|
|    Dow   : 10038.38 down 20.26      | S & P     : 1068.13 down 2.39
|
|    NASDAQ: 2147.87 down 3.00        | Bond (10Y): 3.68%, 97.44
|----------------------------------------------------------------------------|

MARKETS:
Stocks dip on Bernanke plan, Europe worries
Market trims bigger losses, but remains choppy as optimism about a
possible bailout for Greece is tempered by a rising dollar and Fed
chief tighter money outline.

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Breaking News: Former U.S. Rep. Charlie Wilson dies

Date: Wednesday, February 10, 2010

LUFKIN, Texas (AP) - A hospital spokeswoman says former Rep. Charlie
Wilson of Texas, who pushed U.S. officials to arm the Afghan
mujahedeen to fight Soviet occupation forces, has died at the age of
76. Tom Hanks portrayed Wilson in the 2007 movie "Charlie Wilson's
War," which chronicled his efforts.

Stocks end lower on fears that Greece's debt problems are tip of the iceberg. Dow dips 22 points, S&P and Nasdaq also lose ground.

Date: Wednesday, February 10, 2010

Stocks end lower on fears that Greece's debt problems are tip of the
iceberg.  Dow dips 22 points, S&P and Nasdaq also lose ground.

Senate jobs bill snagged by snow

Date: Wednesday, February 10, 2010

Congressional plans to move a job-creation bill this week hit a snag
as the second major winter storm in less than a week slams the
nation's capital and shuts down the Senate.

Bernanke: Exit timing to depend on data

Date: Wednesday, February 10, 2010

BERNANKE: EXIT TIMING TO DEPEND ON DATA
Federal Reserve Chairman Ben Bernanke said in a statement Wednesday
the timing of the exit from the historically low interest rates would
depend on economic conditions but the Fed would be ready to do so.

DOLLAR UP AS BERNANKE HINTS AT DISCOUNT-RATE HIKE
The U.S. dollar extended gains versus the euro and reversed a loss
against the Japanese yen on Wednesday after Federal Reserve Chairman
Ben Bernanke said the central bank may raise its discount rate before
the more closely-watched target interest rate.

BERNANKE FEARS TOO LITTLE GROWTH, NOT TOO MUCH
For Fed chief Ben Bernanke, the problem is not too much growth, but not enough.

U.S. STOCKS FALL FURTHER ON BERNANKE'S EXIT PLAN
U.S. stocks deepen their losses after Federal Reserve Chairman Ben
Bernanke outlined, in written testimony, tools the central bank could
use when it decides to tighten credit.

N.Y. TIMES NET RISES; CEO IS CAUTIOUS ON ADS
The stock tumbles amid the publisher's cautious outlook about advertising
conditions.

Bernanke says economy still needs low rate policy

Date: Wednesday, February 10, 2010

Bernanke says economy still needs low rate policy
02/10/2010 10:03:26 AM EDT

Bernanke: Economy still requires support, but Federal Reserve is ready to ease its policies to help bolster lending when appropriate.

Date: Wednesday, February 10, 2010

Bernanke: Economy still requires support, but Federal Reserve is ready
to ease its policies to help bolster lending when appropriate.

Stocks open lower as investors await latest news on a potential rescue plan for Europe's debt-ridden nations. Dow slips 20 points.

Date: Wednesday, February 10, 2010

Stocks open lower as investors await latest news on a potential rescue
plan for Europe's debt-ridden nations. Dow slips 20 points.

Tuesday, February 09, 2010

International Headline News

Date: Tuesday, February 9, 2010
TOP STORIES as of 0900 HKT -- 10 February, 2010

> NIGERIAN VICE PRESIDENT CHOSEN TO FILL POWER VACUUM
Nigeria's House and Senate has approved a resolution to install
the country's vice president as head of state in place of ailing
President Umaru Musa Yar'Adua.

> DETAILED JACKSON AUTOPSY REPORT OUT
With Dr. Conrad Murray officially charged in Michael Jackson's
death, the Los Angeles coroner has released the autopsy report
that said it was a homicide.

> YANUKOVICH: I'M NO KREMLIN STOOGE
The man leading Ukraine's presidential election urges his rival
Tuesday to accept defeat, and he vows to unite Ukraine after an
election that has split the country in two.

> TOYOTA WOES DEEPEN WITH HYBRID RECALL
Toyota vows to win back public trust after recalling more than
400,000 hybrid cars worldwide, in the latest setback for the
beleaguered carmaker.

> SRI LANKAN GENERAL'S ARREST 'ABDUCTION'
As the Sri Lankan government declared it would court-martial its
most decorated former soldier on conspiracy charges, opposition
parties plans to stage nationwide protests over his arrest.

> CHAVEZ: ELECTRICITY EMERGENCY DECLARED
Venezuelan President Hugo Chavez has declared a state of
emergency for the South American nation's electricity supply and
announced a series of billing sanctions and rewards based on a
customer's energy use.

> REPORT: IRAN PROTESTER SENTENCED TO DIE
An Iranian court has sentenced one person to death and eight
others to prison for their parts in anti-government
demonstrations in December, the semi-official Fars news agency
reported Tuesday.

> DEATH TOLL FROM MEXICO FLOODS RISES TO 38
The death toll from heavy floods and mudslides in Mexico has
increased to 38, a government agency announced Tuesday.

~~~~~~~~~~~
BUSINESS
~~~~~~~~~~~

> PRIUS SUCCESS STORY STALLS AFTER RECALL
The decision by Toyota to recall thousands of its 2010 Prius
models due to a problem with the braking system seriously
threatens the reputation of the world's best-selling hybrid car.

> UBS BACK IN THE BLACK
UBS staged a returned to profit in the fourth quarter, thanks to
strong markets and lower one-off accounting factors. However net
outflows from its mainstream private banking business almost
doubled to SFr33.2bn ($31bn), compared with the previous three
months, reflecting wealthy clients' deepening concerns about the
Swiss wealth manager.

> TRADERS MAKE $8B BET AGAINST EURO
Traders and hedge funds have bet nearly $8bn (€5.9bn) against
the euro, amassing the biggest ever short position in the single
currency on fears of a eurozone debt crisis.

Markets,Tuesday, 02/9/2010

Date: Tuesday, February 9, 2010

|---------------------------------------------------------------------------|
|    Dow   : 10058.64 up 150.25       | S & P     : 1070.52 up 13.78
|
|    NASDAQ: 2150.87 up 24.82         | Bond (10Y): 3.64%, 97.78
|----------------------------------------------------------------------------|

MARKETS:
Stocks rally on Greek bailout hopes
Wall Street charges ahead as investors bet European officials will
take steps to help the nation cut its debt.

Dow ends up 150 points, biggest gain in more than a month and topping 10,000, amid talk of resolving Greek debt crisis.

Date: Tuesday, February 9, 2010

Dow ends up 150 points, biggest gain in more than a month and topping
10,000, amid talk of resolving Greek debt crisis.

Touting jobs, green lobbies push for federal help

Date: Tuesday, February 9, 2010

The alternative-energy business is poised to continue growing in 2010
and add thousands of new jobs if Washington policy-makers broaden
government-support programs, lobbyists say.

Dow industrials surge more than 220 points as Wall Street rally accelerates on renewed optimism. Nasdaq, S&P 500 jump 2%.

Date: Tue, 9 Feb 2010 12:25:08 -0500

Dow industrials surge more than 220 points as Wall Street rally
accelerates on renewed optimism. Nasdaq, S&P 500 jump 2%.

Energy: Canadian stocks rise led by metals, energy

Date: 9 FEB 2010 17:07:30 GMT

Toronto's S&P/TSX composite index gains 0.8% as commodity prices
rise amid hopes that the European Union will come to the rescue of
Greece.

Markets extend rally after report of German aid to Greece

Date: Tue, 09 Feb 2010 12:11:35 -0500

Markets extend rally after report of German aid to Greece
02/09/2010 12:09:59 PM EDT

U.S. stocks surge on possibility of Greek rescue

Date: Tue, 09 Feb 2010 12:01:31 -0500

U.S. STOCKS SURGE ON POSSIBILITY OF GREEK RESCUE
U.S. stocks rally broadly Tuesday on mounting hopes that the European
Union might be considering a rescue package for Greece.

TOYOTA RECALLS ANOTHER 400,000 VEHICLES WORLDWIDE
Toyota Motor Corp. announces another recall involving about 400,000
vehicles worldwide -- most of them Prius hybrids -- due to potential
safety issues related to their braking systems.

YOUR CAR COMPUTER MAY KILL YOU
As more research is done into the recall of certain Toyota vehicles,
the more likely it is that the sudden-acceleration phenomenon may
actually be a software glitch.

ECB FLIGHT CHANGE BOOSTS GREEK RESCUE SPECULATION
Analysts say news Tuesday that the European Central Bank president
will return early from Australia to attend a meeting of European Union
leaders in Brussels is providing the euro and financial markets with a
lift.

Dow surges more than 100 points at the open as global debt worries ease. Nasdaq jumps more than 1%, S&P 500 edges higher.

Date: Tue, 9 Feb 2010 09:34:04 -0500

Dow surges more than 100 points at the open as global debt worries
ease. Nasdaq jumps more than 1%, S&P 500 edges higher.

Monday, February 08, 2010

International Headline News

Date: Mon, 8 Feb 2010 20:01:12 -0500
TOP STORIES as of 0900 HKT -- 09 February, 2010

> JACKSON'S DOCTOR PLEADS NOT GUILTY TO MANSLAUGHTER
Dr. Conrad Murray, personal physician to Michael Jackson, has
pleaded not guilty to involuntary manslaughter in connection
with the pop star's death last summer.

> HAITIAN MAY HAVE LASTED MONTH IN RUBBLE
A man pulled alive from the rubble of a building in Haiti's
capital may have been trapped since the January 12 quake that
leveled much of the city, doctors reported Monday.

> IRAN SETS DATE ON URANIUM ENRICHMENT
Iran's atomic chief says it will tell the U.N. nuclear watchdog
it will begin enriching uranium to 20 percent Tuesday, following
an announcement by President Mahmoud Ahmadinejad, above.

> U.S., EU TO IRAN: STOP ABUSE OF IRANIANS
The United States and the European Union on Monday called on
Iran to "end its abuses against its own people" amid mounting
concerns about a potential rise in violence later this week.

> UKRAINE: PRO-MOSCOW LEADER SET TO WIN
In a remarkable comeback, former PM Viktor Yanukovich seems set
to become the president of Ukraine -- five years after he was
ousted in a populist pro-Western uprising.

> MEXICO: FLOODING KILLS AT LEAST 33
Heavy flooding in central Mexico in the past week has killed at
least 33 people and left thousands homeless, the government said
Monday.

> RIPPLES OF DUBAI KILLING SPREAD
The killing in Dubai of a founder of Hamas' military wing was a
"professional" job , police say, and relatives are accusing
Israel. Israel neither confirms nor denies a role in Mahmoud
al-Mabhouh's death.

> U.S. POLITICIAN JOHN MURTHA DEAD AT 77
Rep. John Murtha died after gallbladder surgery complications,
his office said. An ex-Marine who became an Iraq war critic, he
was known as one of the "kings of pork."


~~~~~~~~~~~
BUSINESS
~~~~~~~~~~~
> SOURCES: TOYOTA TO RECALL PRIUS
Toyota is to issue a formal recall in Japan of its latest-model
Prius petrol-electric hybrid, and may do the same in the US and
other markets, following complaints about problems with its
brakes, people close to the situation said.

> GOOGLE SCANNING: THEFT OR FREEDOM?
A proposed partnership between the French government and Google is
stoking fears in France that the country's literary treasures
will fall under commercial control of a U.S. technology company.

> CHINA: HACKER TRAINING SITE SHUT DOWN
Police in China shut down what officials think was the largest
training Web site for computer hackers, local media said.

Markets, Monday, 02/8/2010

Date: Mon, 08 Feb 2010 17:35:59 -0500

|---------------------------------------------------------------------------|
| Dow : 9908.39 down 103.84 | S & P : 1056.74 down 9.45 |
| NASDAQ: 2126.05 down 15.07 | Bond (10Y): 3.56%, 98.44
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MARKETS:
Debt fears drag Dow below 10,000
Wall Street struggles on continued worries about European debt and the
economic outlook.

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Dow ends below 10,000 for the first time in more than 3 months, down 103 points on continued worries about the global economy.

Date: Mon, Feb 8, 2010 at 4:02 PM

Dow ends below 10,000 for the first time in more than 3 months, down
103 points on continued worries about the global economy.

Breaking news: Rep. John Murtha dies at 77

Date: Mon, 08 Feb 2010 13:57:07 -0600

A spokesman says Democratic Rep. John Murtha of Pennsylvania, a
retired Marine Corps officer who became an outspoken critic of the
Iraq war, has died. He was 77.

Breaking News Mon., Feubruary 8, 2010

Date: Mon, 08 Feb 2010 11:53:01 -0800 (PST)

Michael Jackson's Doctor Charged With Involuntary Manslaughter in the
Pop Star's Death [2:41 p.m. ET]

Fashioning rescue not easy for euro zone

Date: Mon, Feb 8, 2010 at 12:01 PM

FASHIONIING RESCUE NOT EASY FOR EURO ZONE
Investors are pressing for a bailout of Greece and possibly other debt-burdened
southern European nations, but big questions still surround how policymakers
might go about fashioning any such rescue plan, economists said.

CONSUMERS CAUTIOUS, BUT SPENDING
Big businesses are expanding, but will smaller companies follow?

JOB MARKET SHOWS SIGNS OF LIFE -- SORT OF
Cisco says it plans to hire 2,000 to 3,000 people. Wells Fargo will hire 1,400
brokers. General Dollar is creating about 5,000 new jobs. CarMax has 600 store
positions available. Are these the signs of a job market on the rebound? A very
cautious maybe.

EUROPEAN UNION MAY INTERVENE IN GREECE
Greece and the other members of Economic and Monetary Union stand at a perilous
crossroads,

STOCKS IN FOCUS FOR MONDAY
Among the companies whose shares are likely to see active tradfing Monday are
Electronic Arts, CVS Caremark and Hasbro.

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Stocks open lower as investors remain jittery about the state of the global economy. Dow slips 21 points.

Date: Mon, 8 Feb 2010 09:31:03 -0500

Stocks open lower as investors remain jittery about the state of the
global economy. Dow slips 21 points.

Sunday, February 07, 2010

International Headline News

Date: Sun, Feb 7, 2010 at 8:02 PM

EXIT POLLS: YANUKOVICH LEADS UKRAINE PRESIDENTIAL ELECTION
Exit polls show Ukraine's Viktor Yanukovich as the victor over
current populist Prime Minister Yulia Tymoshenko in the runoff
of the nation's presidential elections.

KARZAI WANTS SECURITY TRANSFER THIS YEAR
Afghanistan is prepared to begin taking over security from
international forces in some parts of the war-torn nation by the
end of the year, President Hamid Karzai said Sunday.

PALIN SLAMS OBAMA IN TEA PARTY KEYNOTE
Sarah Palin gives the keynote speech Saturday night at what's
being billed as the first national Tea Party convention, it's
safe to say that she'll be among friends.

IRAN PUSHES FOR HIGHER GRADE URANIUM
President Mahmoud Ahmadinejad has ordered Iran's atomic chief to
enrich uranium to 20 percent in a fresh challenge to Western
powers trying to rein in Tehran's nuclear drive.


SNOW, POWER CUTS HIT EASTERN AMERICA
A powerful snowstorm pounded the nation's capital and other
mid-Atlantic states early Saturday, snarling down traffic and
bringing travel to a virtual standstill.

POLICE PROBE DEATH OF UK SOCCER FAN
British police are investigating the death of a man who was
found unconscious at a soccer match on Saturday.

At least two people were killed today in an explosion at a
Connecticut power plant, police say. Earlier, fire and police
officials in Middletown said there were "mass casualties."

3 KILLED WHEN PLANES COLLIDE NEAR AIRPORT
Two planes collided Saturday near an airport in Boulder,
Colorado, causing "fatalities," authorities said.

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BUSINESS
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BAE STRIKES DEAL TO END FRAUD PROBE
BAE Systems is preparing to plead guilty to criminal charges and
pay one of the biggest ever fines over alleged corporate bribery
after striking a deal to end transatlantic corruption probes
that have entangled it for years.

TOYOTA APOLOGY BUT NO RECALL
Toyota CEO Akio Toyoda apologizes for the problems that led to
the company's recall of more than 8 million cars, but did not
announce another recall of its popular Prius Hybrid, despite
reports of brake problems.

'BUSINESS IS WAR,' EX-SOLDIER SAYS
Many bosses like to run their businesses in a way that suggests
they've missed their vocation in life, such is their fondness
for barking orders at their staff. All they seem to lack are
some epaulettes, a peaked cap and a one-way ticket to a military
academy.