Saturday, June 19, 2010

International Headlines

Date: Sat, 19 Jun 2010 20:02:03 -0400
>TOP STORIES as of 0800 HKT -- 20 June, 2010

> OBAMA PRAISES CHINA'S MOVE TO ALLOW ITS CURRENCY TO FLOAT
President Barack Obama welcomed Saturday's news that China's
central bank will allow its national currency to float ahead of
the G-20 summit in Toronto, Canada, next week.

> REFUGEES IMPLICATE KYRGYZ FORCES
Refugees fleeing Kyrgyzstan's spasms of violence say the central
Asian nation's security forces have carried out some of the
deadly attacks.

> 8 TURKISH SOLDIERS KILLED IN CLASHES
Eight Turkish soldiers were killed during clashes with rebels on
the border of Turkey and Iraq, Turkey's military said Saturday.

> DRILLING PARTNER BLASTS BP
Anadarko, a partner in the ruptured Gulf of Mexico well, blamed
BP for "reckless" behavior, seeking to distance itself from the
worst U.S. spill ever, reports.

> SWEDISH WEDDING IS FIT FOR A PRINCESS
Sweden's four-day royal wedding celebration reaches its peak
Saturday when Crown Princess Victoria marries commoner Daniel
Westling at Stockholm Cathedral.

> U.N.: AFGHAN SECURITY STILL UNSTABLE
Security in war-torn Afghanistan has not improved in recent
months and violence threatens any strides toward stability, a
United Nations report said.

> SUPPORTERS CALL FOR SUU KYI'S RELEASE
Demonstrators worldwide plan to show their support for Aung San
Suu Kyi at rallies celebrating the pro-democracy leader's 65th
birthday. Suu Kyi has spent 14 of the past 20 years under house
arrest in Myanmar.

> FRANCE STAR KICKED OUT OF WORLD CUP
France striker Nicolas Anelka has been sent home from the World
Cup in South Africa following a row with national coach Raymond
Domenech.


BUSINESS
~~~~~~~~~~~
> ONCE CHIC, THE EURO NOW FASHION VICTIM
What happened to "euro chic"? Once a contender for world
currency of choice, the euro's current seesaw ride in value is
directly related to the prestige it once enjoyed.

> MOBILES GET PAST CHINA'S NET CENSORS
The mobile web in China has loopholes where content could go
under the radar of government censors, analysts say.

> U.S. LAWMAKERS SLAM BP CHIEF
U.S. lawmakers blast BP's corporate culture, calling the firm's
bosses "oblivious" to what was happening with its doomed oil
well in the Gulf of Mexico.

Friday, June 18, 2010

International Headlines

Date: Fri, 18 Jun 2010 20:02:08 -0400
>TOP STORIES as of 0800 HKT -- 19 June, 2010

> JUST BEFORE THE RIG BLEW: 'I SMELL GAS! RUN!'
Sixty days ago, Daniel Barron was on the Deepwater Horizon he
heard hissing. Oil and water rained down. Nearby, someone
yelled, "man, something ain't right."

> CALL FOR INQUIRY INTO KYRGYZ ATTACKS
From an Uzbek refugee camp, a U.S. official calls for a
"substantial" probe into the deaths of more than 170 people
during ethnic clashes in neighboring Kyrgyzstan.

> NOBEL AUTHER JOSE SARAMAGO DIES
Jose Saramago, the outspoken Portuguese author who won the Nobel Prize
for literature in 1998, died Friday at his home on the
Spanish island of Lanzarote, his foundation said.

> 18 DEAD IN COLOMBIA MINE EXPLOSION
The death toll in a coal mine explosion in Colombia increased to
18 Friday with the early morning recovery of two more bodies, a
state government spokesman said.

> WORLD CUP: ALGERIA HOLDS TURGID ENGLAND
Fabio Capello's England were held to a disappointing goalless
draw by Algeria in their World Cup Group C in Cape Town on
Friday night.

> UK MINISTERS: RELEASE AUNG SAN SUU KYI
On the eve of her 65th birthday, British Foreign Office
ministers call for the immediate and unconditional release of
pro-democracy leader Aung San Suu Kyi.

> CAR BOMB NEAR BAGHDAD KILLS 5
At least five people were killed and 52 others were wounded in a
car bombing north of Baghdad on Friday afternoon, police said.

> OIL THREATENS SPERM WHALES IN GULF
Our need for oil almost wiped out the sperm whale once, and now
our insatiable hunger for it threatens them again.

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

> ONCE CHIC, THE EURO NOW FASHION VICTIM
What happened to "euro chic"? Once a contender for world
currency of choice, the euro's current seesaw ride in value is
directly related to the prestige it once enjoyed.

> MOBILES GET PAST CHINA'S NET CENSORS
The mobile web in China has loopholes where content could go
under the radar of government censors, analysts say.

> U.S. LAWMAKERS SLAM BP CHIEF
U.S. lawmakers blast BP's corporate culture, calling the firm's
bosses "oblivious" to what was happening with its doomed oil
well in the Gulf of Mexico.

Markets, Friday, 06/18/2010

Date: Fri, 18 Jun 2010 17:31:07 -0400

|---------------------------------------------------------------------------|
| Dow : 10,450.64 up 16.47 | S & P : 1,117.51 up 1.47
|
| NASDAQ: 2,309.80 up 2.64 | Bond (10Y): 3.22% up 0.033
|----------------------------------------------------------------------------|

MARKETS:
Stocks end higher for second week
Market musters slim gain Friday but bigger gains for the week. Gold
ends at record high.

U.S. stocks close higher, posting second week of more than 2% gains

Date: Fri, 18 Jun 2010 16:09:38 -0400


U.S. stocks close higher, posting second week of more than 2% gains
06/18/2010 04:07:58 PM EDT

Gold closes at record high of $1258.30 an ounce as economic anxiety continues to fuel rally.

Date: Fri, 18 Jun 2010 14:14:03 -0400

Gold closes at record high of $1258.30 an ounce as economic anxiety
continues to fuel rally.

Gold futures run towards fresh record levels

Date: Fri, 18 Jun 2010 12:00:49 -0400

GOLD FUTURES RUN TOWARDS FRESH RECORD LEVELS
Gold futures continue their run plumbing new highs above $1,250 an ounce.

ENERGY STOCKS WEAKEN, BP RISES
Energy stocks lost ground on Friday but held on to gains for the week,
while shares of BP strengthened despite a downgrade of its debt
securities.

Stocks open slightly higher, looking to cap off the week with gains. Dow rises 15 points. Nasdaq, S&P 500 edge up.

Date: Fri, 18 Jun 2010 09:35:04 -0400

Stocks open slightly higher, looking to cap off the week with gains.
Dow rises 15 points. Nasdaq, S&P 500 edge up.

Thursday, June 17, 2010

International Headlines

Date: Thu, 17 Jun 2010 20:02:04 -0400
>TOP STORIES as of 0800 HKT -- 18 June, 2010

> U.S. LAWMAKERS SLAM BP CHIEF AT CONGRESSIONAL HEARING
U.S. lawmakers blast BP's corporate culture, calling the firm's
bosses "oblivious" to what was happening with its doomed oil
well in the Gulf of Mexico.

> ISRAEL TO EASE CIVILIAN AID RULES FOR GAZA
Israel will relax its blockade of Gaza following widespread
international criticism of its raid on an aid ship trying to
break the barricade last month.

> POLICE GET TOUGH ON STRIKING CUP GUARDS
Police used stun grenades and rubber bullets to break up a
protest by striking World Cup security guards in a Cape Town
suburb Thursday, said National South African Police spokesman
Vish Naidoo.

> TIMES SQUARE BOMB SUSPECT INDICTED
A federal grand jury in New York on Thursday indicted the
suspect in the Times Square bombing attempt on 10 counts, some
of which carry a mandatory life sentence.

> GUNFIRE HEARD IN KYRGYZ CITY OF OSH
The flow of refugees fleeing southern Kyrgyzstan has gone from a
flood to a trickle, the Uzbekistan Foreign Ministry said
Thursday.

> MANDELA'S GREAT-GRANDDAUGHTER BURIED
Former South African President Nelson Mandela led mourning for
his great-granddaughter at a chapel in Johannesburg, South
Africa, on Thursday, his office announced.

> DOZENS TRAPPED IN COLOMBIA COAL MINE
A coal mine explosion early Thursday in northwest Colombia has
trapped at least 70 miners and killed at least five workers, a
local official told CNN en Espanol.

> FIVE GUILTY IN FIRST EUROPE PIRATE TRIAL
Five suspected Somali pirates are due to hear their fate in
court in the Netherlands Thursday, in what is thought to be the
first trial in Europe of pirate suspects.


BUSINESS
~~~~~~~~~~~
> EU LEADERS AGREE TOUGH BUDGET SCRUTINY
European leaders agree to strengthen the eurozone's economic
governance by tightening surveillance of national budgets and
developing a scoreboard for assessing business competitiveness.

> EU EDGES TOWARDS DISCLOSING BANK 'STRESS TESTS'
France on Thursday joined calls for the release of "stress test
results" on the solidity of Europe's banks, urging a coordinated
European approach to the publication of findings "the sooner the
better".

> BP: WE'LL PAY THE BILL FOR NOW
BP will continue to pay the costs for the oil spill cleanup and
will work out with its drilling partners later who is liable for
the costs, a executive for the oil giant told a Senate
subcommittee Wednesday.

Markets, Thursday, 06/17/2010

Date: Thu, 17 Jun 2010 17:31:07 -0400

|---------------------------------------------------------------------------|
| Dow : 10,434.17 up 24.71 | S & P : 1,116.04 up 1.43
|
| NASDAQ: 2,307.16 up 1.23 | Bond (10Y): 3.19% down 0.092
|---------------------------------------------------------------------------|

MARKETS:
Euro rises as concern cools
The euro gained ground against the dollar Thursday, as debt concerns
sparked in the previous session abated after Spain held a strong bond
auction.

Stocks edge higher in a closing flurry. Dow adds 24 points; Nasdaq and S&P 500 gain 0.1%.

Date: Thu, 17 Jun 2010 16:02:03 -0400

Stocks edge higher in a closing flurry. Dow adds 24 points; Nasdaq and
S&P 500 gain 0.1%.

U.S. stocks decline after latest economic data

Date: Thu, 17 Jun 2010 12:01:16 -0400

U.S. STOCKS DECLINE AFTER LATEST ECONOMIC DATA
U.S. stocks retreat after a collection of economic reports dims cheer
that came with a successful Spanish bond sale.

BP CEO FACING HOUSE PANEL ON OIL SPILL
BP PLC Chief Executive Officer Tony Hayward on Thursday finds himself
in the hot seat as he gets ready for a showdown with members of
Congress about the causes of the Deepwater Horizon oil spill.

JOBLESS CLAIMS RISE 12,000 TO 472,000
First-time applications for state unemployment benefits rose by 12,000
last week to a seasonally adjusted 472,000, the Labor Department
reports, providing further evidence that U.S. labor markets remain
very weak.

GOLD GAINS AS U.S. GROWTH SEEN SLOWER
Gold futures topped their closing record, rising more than 1% on
Thursday as investors grew more concerned about the state of the U.S.
economy.

OIL FUTURES FALL BELOW $77 ON ECONOMIC CONCERNS
The day's round of macroeconomic reports puts in question the economic
recovery, and thus demand for oil. Natural-gas futures rally nearly 3%
after an inventories report comes within expectations.

May leading economic indicators rise less-than-forecast 0.4%; slower U.S. growth's seen

Date: Jun 17, 2010 10:04 AM


May leading economic indicators rise less-than-forecast 0.4%;
slower U.S. growth's seen
06/17/2010 10:00:33 AM EDT

U.S. first-time jobless claims unexpectedly rise, up 12,000 to 472,000 in latest week

Date: Thu, 17 Jun 2010 08:37:28 -0400

U.S. first-time jobless claims unexpectedly rise, up 12,000 to 472,000
in latest week
06/17/2010 08:35:46 AM EDT

Stocks open higher on a stronger euro. Dow gains 24 points, Nas...

Date: Thu, 17 Jun 2010 09:33:04 -0400

Stocks open higher on a stronger euro. Dow gains 24 points, Nasdaq,
S&P 500 edge up.

Wednesday, June 16, 2010

International Headlines

Date: Wed, 16 Jun 2010 20:02:07 -0400
>TOP STORIES as of 0800 HKT -- 17 June, 2010

> BP TO PUT $20B IN ESCROW FUND FOR OIL SPILL CLAIMS
BP has agreed to place $20 billion in an escrow fund to pay for
claims in the Gulf of Mexico oil disaster, U.S. President Barack
Obama says at the White House.

> U.N. AID ARRIVES FOR FLEEING REFUGEES
The first U.N. aid plane arrives with supplies for Uzbekistan
camps sheltering around 100,000 refugees fleeing fighting in
neighboring Kyrgyzstan.

> 20 DEAD IN FRENCH FLASH FLOODS
Fifteen people were killed and 12 were missing after flash
floods hit the southern French region of Var, French authorities
said Wednesday.

> SUDANESE REBELS SURRENDER TO COURT
Two suspected rebel leaders accused of having committed war
crimes in Sudan's Darfur region surrendered to the International
Criminal Court on Wednesday, the court announced.

> IRAN 'STARTING WORK' ON NEW REACTOR
Iran is starting design work on a new nuclear reactor, the head
of the country's Atomic Energy Organization said Wednesday,
according to Iranian media.

> U.S. ARMY CHARGES 3 IN AFGHAN KILLINGS
Three additional U.S. soldiers based in Washington state are
facing charges in the deaths of three Afghan civilians between
January and May and have been placed in pre-trial confinement,
the Army announced Wednesday.

> NEW U.S. SANCTIONS TARGET IRAN PROGRAMS
The United States is adding new sanctions to target Iran's
nuclear and missile programs, identifying 22 entities and a
number of individuals allegedly involved with those programs.

> BIN LADEN HUNTER HAS 'PSYCH PROBLEMS'
A Pakistani doctor has determined that the Colorado man arrested
in Pakistan while hunting for Osama bin Laden has psychological
problems and has been undergoing dialysis every 20 days, said a
senior Pakistani intelligence official Wednesday.

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

> FRANCE TO RAISE RETIREMENT AGE TO 62
France will raise the retirement age from 60 to 62 as part of
efforts to wipe out the country's growing deficit, Labor
Minister Eric Woerth said Wednesday.

> SPANISH BANKS BREAK ECB LOAN RECORD
Spanish banks are borrowing record amounts from the European
Central Bank as the country's financial institutions struggle to
gain funding from the international capital markets.

> ESTIMATE OF DISASTER'S SCOPE GOES UP -- AGAIN
Government officials increased the estimate of oil flowing into
the Gulf to between 35,000 and 60,000 barrels per day, up to 50
percent more than previously estimated

Markets, Wednesday, 06/16/2010

Date: Wed, 16 Jun 2010 17:31:05 -0400

|---------------------------------------------------------------------------|
| Dow : 10,409.46 up 4.69 | S & P : 1,114.61 down 0.62
|
| NASDAQ: 2,305.93 up 0.05 | Bond (10Y): 3.28% down 0.028
|---------------------------------------------------------------------------|

MARKETS:
Everybody hates airlines - except Wall Street
An index of 13 key airline stocks just hit a new 52-week high. With
oil prices rising again and fears about Europe and the global economy
still raging, shouldn't there be turbulence?

Stocks close mixed as investors mull BP's plan to set up $20 billion oil spill relief fund. Dow edges higher; Nasdaq, S&P 500 slip.q

Date: Wed, 16 Jun 2010 16:02:04 -0400

Stocks close mixed as investors mull BP's plan to set up $20 billion
oil spill relief fund. Dow edges higher; Nasdaq, S&P 500 slip.

Breaking News - BP agrees to $20 billion escrow fund

Date: Wed, 16 Jun 2010 10:27:41 -0600

WASHINGTON - BP will set aside $20 billion to pay the victims of the
massive oil spill in the Gulf, senior administration officials told
the Associated Press on Wednesday, a move made under pressure by the
White House as the company copes with causing the USA's worst
environmental disaster.

BP under pressure as spill reaches White House

Date: Wed, 16 Jun 2010 12:00:52 -0400

BP UNDER PRESSURE. AS SPILL REACHES WHITE HOUSE
In its first reaction to President Barack Obama's nationally televised
address, BP commits to paying for cleaning up the Gulf of Mexico oil
spill but makes no mention of the independent escrow account Obama
demanded.

OBAMA CHASTISES BP, LAYS OUT SPILL STRATEGY
BP must set aside 'whatever resources are required' to pay back
workers and businesses damaged by the Gulf Coast oil disaster,
President Barack Obama says, both chastising the oil giant and laying
out a new energy strategy in the wake of one of the worst
environmental disasters in U.S. history.

BP WEIGHS ON ENERGY STOCKS, SUNOCO RALLIES
Energy stocks fell Wednesday as the blown-out well in the Gulf of
Mexico dominated headlines, oil prices fell and as shares of BP PLC
weighed on the sector.

WEDNESDAY'S BIGGEST GAINING AND DECLINING STOCKS
Stocks moving significantly in trading on Wednesday included Fifth
Street Finance, Nokia, Somanetics and Universal Travels.

Fannie and Freddie to delist common, preferred stocks as per conservator's directive

Date: Wed, 16 Jun 2010 08:32:49 -0400

Fannie and Freddie to delist common, preferred stocks as per
conservator's directive
06/16/2010 08:28:35 AM EDT

Stocks open lower following a disappointing housing report and a lukewarm outlook from FedEx. Dow slides 51 points.

Date: Wed, 16 Jun 2010 09:32:03 -0400

Stocks open lower following a disappointing housing report and a
lukewarm outlook from FedEx. Dow slides 51 points.

U.S. housing starts down 10% in May, return to December levels; building permits fall 5.9%

Date: Wed, 16 Jun 2010 08:38:18 -0400

U.S. housing starts down 10% in May, return to December levels;
building permits fall 5.9%
06/16/2010 08:34:10 AM EDT

Tuesday, June 15, 2010

International Headlines

Date: Tue, 15 Jun 2010 20:02:04 -0400
>TOP STORIES as of 0800 HKT -- 16 June, 2010

> OIL ESTIMATE RAISED TO 35,000-60,000 BARRELS A DAY
U.S. officials have increased the estimate of oil flowing into
the Gulf to between 35,000 and 60,000 barrels per day, up to 50
percent more than previously estimated.

> N. KOREA REJECTS FINDINGS, THREATENS WAR
North Korea rejected Tuesday international findings that it sank
a South Korean ship, warning at the United Nations that the
dispute could lead to war.

> REFUGEE WORRIES GROW IN KYRGYZSTAN
Uzbekistan closes its border with Kyrgyzstan after tens of
thousands of ethnic Uzbeks attempt to flee the most serious
outbreak of ethnic violence in ten years.

> U.S. MULLS MORE HELP FOR KYRGYZSTAN
As thousands of ethnic Uzbeks flee attacks in Kyrgystan, the
United States is providing humanitarian assistance to the
impoverished country and evaluating what further help may be
needed, including military.

> ARUBA, PERU TO SWAP VAN DER SLOOT INFO
Aruban and Peruvian authorities have agreed to "help each other"
in the murder investigation of Stephany Flores -- in which Joran
Van der Sloot is the prime suspect, an Aruban government
spokesman said Tuesday.

> UK SOLDIERS GET 'BLOODY SUNDAY' BLAME
The British government releases a damning report into the Bloody
Sunday massacre in Northern Ireland, placing blame on the
soldiers who killed 14 people in 1972.

> DEATHS AFTER TRAINS COLLIDE IN MEXICO
Two trains collided head on Tuesday morning in northwestern
Mexico, leaving at least 10 dead and five injured, state news
agency Notimex reported.

> IRELAND EXPELS ISRAELI DIPLOMAT
Ireland has expelled an Israeli diplomat over the use of forged
passports in the assassination of a Hamas arms dealer in Dubai,
the Irish foreign minister announced Tuesday.


BUSINESS
~~~~~~~~~~~
> WHAT FISCAL AUSTERITY LOOKS LIKE
The weather may be getting hot, but there's a lot of freezing
going on in Europe.Greece, Italy and Spain are freezing
public-sector wages. Hungary is freezing state spending. And
there's more ahead.

> BP DOWNGRADED TO JUST ABOVE JUNK STATUS
Fitch Ratings has downgraded BP for a second time this month to
just above junk status -- less than two weeks after it placed
the company on "watch negative."

BP oil well spewing up to 60,000 barrels a day into Gulf of Mexico, scientists now say

Date: Tue, 15 Jun 2010 17:43:54 -0400

BP oil well spewing up to 60,000 barrels a day into Gulf of Mexico,
scientists now say
06/15/2010 05:42:03 PM EDT

Markets, Tuesday, 06/15/2010

Date: Tue, 15 Jun 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,404.77 up 213.88 | S & P : 1,115.23 up 25.60
|
| NASDAQ: 2,305.88 up 61.92 | Bond (10Y): 3.31% up 0.035
|---------------------------------------------------------------------------|

MARKETS:
Stocks stage big rally
Market ends at highest point in nearly a month as worries about
Europe's debt crisis wane and the euro rises.

Stocks rally to close higher as fears ease over European debt crisis. Dow adds over 200 points. Nasdaq, S&P 500 rise more than 2%.

Date: Tue, 15 Jun 2010 16:02:04 -0400

Stocks rally to close higher as fears ease over European debt crisis.
Dow adds over 200 points. Nasdaq, S&P 500 rise more than 2%.

U.S. stocks climb in concert with euro

Date: Tue, 15 Jun 2010 12:00:50 -0400

U.S.STOCKS CLIMB IN CONCERT WITH EURO
U.S. stocks rose Tuesday morning as investors were encouraged by U.S.
import-price data showing tame inflation and improving business
conditions in the New York area.

FINANCIALS HIGHER AS CBOE PRICES IPO
The financial sector trades moderately higher, a reversal after losses
Monday when a Moody's downgrade of Greece's debt rating rattled
traders. The IPO of CBOE Holdings stands out.

ENERGY STOCKS MOVE UP WITH BROAD MARKET
Energy stocks rise in morning activity, as Big Oil executives appear
in Washington to make their plea for the Obama administration to
reinstate deep water drilling in the Gulf of Mexico and elsewhere.

DOW, S&P HESITATE AT THE 200-DAY MVG AVG
After breaking down last month, the Standard & Poor's 500 Index and
the Dow Jones Industrial Average remain capped by major resistance.
The specific levels rest at each benchmark's 200-day moving average,
areas that mark the bull/bear technical battleground.

DEMOCRATS POUND OIL COMPANIES OVER SAFETY PLANS
Offshore oil and gas drilling must resume, industry executives tell a
House subcommittee, a month after President Barack Obama ordered a
pause on new drilling in response to the disastrous BP oil spill in
the Gulf of Mexico.

Stocks open higher as investors show renewed optimism. Dow jumps 64 points. Nasdaq and S&P 500 edge higher.

Date: Tue, 15 Jun 2010 09:33:05 -0400

Stocks open higher as investors show renewed optimism. Dow jumps 64
points. Nasdaq and S&P 500 edge higher.

Monday, June 14, 2010

International Headlines

Date: Mon, 14 Jun 2010 20:02:04 -0400
>TOP STORIES as of 0800 HKT -- 15 June, 2010

> OBAMA ARRIVES IN GULF FOR OIL DISASTER UPDATE
U.S. President Barack Obama says officials are "gathering up
facts" to ensure that BP pays fair compensation to those
suffering losses as a result of the Gulf oil disaster.

> 80,000 UZBEKS FLEE KYRGYZSTAN VIOLENCE
Thousands of Uzbeks continue to flee the ongoing ethnic violence
in Kyrgyzstan, which has claimed the lives of at least 114
people in the former Soviet republic.

> 10 MEXICO POLICE KILLED IN AMBUSH
Ten Mexican federal police were killed in an ambush on a convoy
Monday, the government said. An undisclosed number of criminals
also were killed, the government's Information Ministry said.

> VAN DER SLOOT CONFESSION RELEASED
Joran van der Sloot said he elbowed murder victim Stephany
Flores Ramirez in the face before strangling her and then
suffocating her with his own shirt, transcripts released by
Peruvian authorities show.

> IRISH POLL: CARDINAL SHOULD RESIGN
Three out of four Irish adults say the country's top churchman,
Cardinal Sean Brady, should resign for his role in hiding abuse
of children by one of the country's most notoriously abusive
priests decades ago, according to a poll published by the Irish

> U.S. INCLUDED IN HUMAN TRAFFICK REPORT
The U.S. government's annual worldwide human trafficking report,
released Monday, for the first time includes an assessment of
trafficking in the United States.

> COLOMBIA EX-HOSTAGES REUNITED WITH KIN
Four hostages rescued from Marxist guerrillas in Colombia over
the weekend were reunited with their families Monday in Bogota,
the nation's capital, a broadcast on CNN affiliate Caracol TV
showed.

> JUDGE: JACKSON'S DOCTOR CAN PRACTICE
A Los Angeles, California, judge refused Monday to ban Dr.
Conrad Murray, charged with involuntary manslaughter in Michael
Jackson's death, from practicing medicine in the state.


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

> U.S. BANKS SET TO LOSE SWAPS FIGHT
Banks are likely to lose a key lobbying battle in the US over
whether they will be forced to spin off their lucrative swaps
desks, according to people familiar with financial reform
negotiations in Congress.

> INVESTORS COULD BE IN FOR A BUMPY RIDE
Markets could be in for another bumpy ride this week as
investors continue to look for clues on where the global economy
is headed.

Markets, Monday, 06/14/2010

Date: Mon, 14 Jun 2010 17:31:04 -0400

|---------------------------------------------------------------------------|
| Dow : 10,190.89 down 20.18 | S & P : 1,089.63 down 1.97
|
| NASDAQ: 2,243.96 up 0.36 | Bond (10Y): 3.28% up 0.059
|---------------------------------------------------------------------------|

MARKETS:
The one oil stock that may be worth buying
Brazil's Petrobras could benefit from the turmoil in the Gulf
following the BP oil spill.

Dow industrials end down 20 points, forfeiting triple-digit gain

Date: Mon, 14 Jun 2010 16:06:27 -0400

Dow industrials end down 20 points, forfeiting triple-digit gain
06/14/2010 04:04:40 PM EDT

U.S. equities gain on global growth optimism

Date: Mon, 14 Jun 2010 12:00:54 -0400

U.S.EQUITIES GAIN ON GLOBAL GROWTH OPTIMISM
U.S. stocks start week higher, as ebbing fears over a contraction in
global economic growth bring back appetite for riskier assets.

BP DEADLINE LOOMS FOR CONTAINMENT PLAN UPDATE
BP's spill in the Gulf of Mexico continued to leak about 20,000
barrels a day Monday, ahead of a showdown this week between President
Barack Obama and BP Chairman Carl-Henric Svanberg as the environmental
crisis approaches its eighth week and a price tag nearing $2 billion
thus far, with action on several fronts.

BP TO MEET ON DIVIDEND AS COSTS REACH $1.6 BLN
BP's board members were due Monday to determine their strategy on
dividend payments as the company said that the cost of cleaning up the
still-uncapped Gulf of Mexico oil spill has reached $1.6 billion.

OIL RISES AS EUROPEAN DATA SUPPORT DEMAND HOPES
Crude futures rally nearly 3%, reclaiming the $75-a-barrel mark, as
stronger European manufacturing data and a return of investor
enthusiasm for stocks, commodities and other assets seen as likely to
benefit from global economic growth set a constructive backdrop.

BP LOSSES KEEP BRITISH SHARE GAINS IN CHECK
British shares edged higher on Monday, with gains for miners barely
outweighing another decline for BP as the oil giant continues to
battle to stem a massive oil spill in the Gulf of Mexico.

Stocks open higher as investors gear up for a week full of fresh economic reports. Dow gains 48 points. Nasdaq jumps 1%.

Date: Mon, 14 Jun 2010 09:33:04 -0400

Stocks open higher as investors gear up for a week full of fresh
economic reports. Dow gains 48 points. Nasdaq jumps 1%.

Sunday, June 13, 2010

International Headlines

Date: Sun, 13 Jun 2010 20:02:03 -0400
>TOP STORIES as of 0800 HKT -- 14 June, 2010

> ISRAEL NAMES HEAD OF COMMISSION FOR FLOTILLA INQUIRY
Retired Israeli judge Jacob Turkel will lead an inquiry into the
Israeli raid on the Turkish ship Mavi Marmara, Israeli Prime
Minster Benjamin Netanyahu has announced.

> ETHNIC VIOLENCE CONTINUES IN KYRGYZSTAN
Armed groups are battling for control of a hospital in the
Kyrgyz city of Jalal-Abad, according to reports. Almost 100
people have died in days of ethnic clashes.

> TRIBAL LEADERS BACK KANDAHAR OFFENSIVE
Afghan President Hamid Karzai and Gen. Stanley McChrystal, the
top U.S. military commander in Afghanistan, were in Kandahar
Sunday to sell their plan of an upcoming military operation in
the province.

> PAKISTANI SPY AGENCY 'TRAINING TALIBAN'
Pakistan's intelligence agency, the ISI, calls the shots for the
Taliban and other insurgent groups in Afghanistan, training,
funding and giving shelter to them, a Harvard academic claims in
a new paper.

> 15 KILLED IN BAGHDAD BLAST, GUN BATTLE
At least 12 people were killed and 40 others wounded in a
bombing and gunfire near Iraq's central bank in the capital on
Sunday, an Interior Ministry official said.

> OBAMA TO SPEAK TUESDAY ON OIL SPILL
President Barack Obama will visit the Gulf states affected by
the oil spill on Monday and Tuesday and then address the nation
on Tuesday night from the White House on the next steps in
responding to the environmental catastrophe, his senior adviser
said Sunday.

> AFGHAN SCHOOLGIRLS APPARENTLY POISONED
About 60 schoolgirls in Afghanistan's Balkh province appear to
have been poisoned and required hospitalization, the Ministry of
Health said Sunday.

> CLASHES IN IRAN ON VOTE ANNIVERSARY
Clashes erupt in Tehran between security forces and crowds of
people gathering at the key sites to mark the first anniversary
of Iran's contested presidential election.


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

> INVESTORS COULD BE IN FOR A BUMPY RIDE
Markets could be in for another bumpy ride this week as
investors continue to look for clues on where the global economy
is headed.

> UK MEDIA ATTACK OBAMA FOR BP COMMENTS
British media have leapt to the defense of beleaguered BP
following attacks by the White House over its handling of the
Gulf Coast disaster.