02 April 2008 06:00 [Source: ICIS news]
Asian stocks gain after Lehman offering
Share prices rallied strongly across most of
Companies and markets
Lehman raises $4bn in new capital
Lehman Brothers’ shares leapt almost 18% following its increased $4bn (€2.5bn) capital raising plan, a jump that reflects the volatility in financial stocks that has become commonplace and the huge influence of short traders.
Overview: Revival hopes as equities and dollar rally
Further huge writedowns at investment banks UBS and Deutsche Bank triggered tentative hopes that the worst of the credit crisis might be over for the sector. Investors were further impressed by news that a $4bn (€2.5bn) share sale by Lehman Brothers had been oversubscribed.
Mugabe's control of
President Robert Mugabe's decades-old control of
Rattled, Chinese make Olympic security a priority
The Chinese president, Hu Jintao, has ordered his nation's security forces to place a top priority on the Olympics in August, saying that the country's international reputation was at stake.
Asian Development Bank forecasts
Asian stocks zoom up on optimism that credit crisis nearing end
Asian stocks jumped and bonds fell Wednesday after a Lehman Brothers securities offering met strong demand, raising hopes that the worst of the credit crisis might be over.
Kudrin calls for cuts in spending
Finance Minister Alexei Kudrin pitched himself against other leading policymakers Tuesday, calling for a cut in federal spending as the economy displays signs of overheating.
Bush and Putin will sign a paper in
Sberbank sees 2007 net profit at $4.2bn
After its president, German Gref, gives reporters in
KamAZ may follow AvtoVAZ's path
KamAZ, the country's largest truck maker, may sell one-quarter of its shares for $1.25bn (€787.5bn) this year to a strategic investor from the European auto sector, sources familiar with KamAZ's plans said Tuesday.
Just the thought of NATO's big anniversary summit next year is enough to warm the heart of Secretary General Jaap de Hoop Scheffer. It will be marvelous when the heads of state and government come together in the spring to celebrate the 60th anniversary of the north Atlantic alliance.
Harald Ruschel, a member of the works council at the Aker shipyard in the northern German Baltic seaport of Rostock-Warnemünde, had expected everything from tears to catcalls and booing.
Ruling party to face closure trial
Business and finance
Lehman sues Marubeni over fraud
Slowdown hits passenger flights globally
Economic slowdown in the
After a three week stalmate the Sejm yesterday passed the bill authorizing the ratification of the Lisbon Treaty with 384 deputies voting in favor, 56 Law and Justice (PiS) deputies against and 12 abstaining.
US-based Bank of New York (BNY) is planning to return to its plans to launch services on the Polish market and in order to do this it wants to reactivate the Bank of New York National Trust TFI (BNY NT TFI) investment fund which was established in
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