Latest News in Stock Market and Investments – August 24, 2009 | Stock Market News

Latest News in Stock Market and Investments – August 24, 2009

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Finance – Business Life Lebanon

24 Aug 2009 at 2:41am
Obtain up to the minute exchange rates There are no translations available. Bank Muscat (BM) matched the asset growth in the banking sector in Oman. Of the aggregate credit in 2008, it captured 40.3% share or RO3,727.7mn and its total assets …

Thai Shin says Temasek stake sale depends on market – Reuters

24 Aug 2009 at 3:16am
BANGKOK, Aug 24 (Reuters) – A plan by Singapore’s Temasek Holdings [TEM.UL] to sell its stake in Thailand’s leading telecoms group, Shin Corp SHIN.BK, will depend on market conditions, an official at the Thai firm said on Monday. The plan is followed …

Taiwan’s UMC plans T$1.5 bln investment company – Reuters

24 Aug 2009 at 3:31am
TAIPEI, Aug 24 (Reuters) – Taiwan’s UMC ( 2303.TW ), the world’s second-largest contract chip maker, said on Monday its board approved a plan to set up a new wholly-owned investment company. UMC ( UMC.N ) said in a statement that the new company …

This Market Behaves Like a Bull: Strategists – CNBC

24 Aug 2009 at 1:22am
Stock prices went so low during the crisis, hitting bottom last March, that now “the market is behaving as if it’s a bull market,” Dodge Dorland, chief investment officer at Landor Capital Management said. “The markets will have a reason to go up now …

Metals, Stocks Advance as Bernanke, Trichet Bolster Confidence – Bloomberg

24 Aug 2009 at 2:12am
Aug. 24 (Bloomberg) — Industrial metals advanced and stocks rose around the world for a fifth day as leaders of the world?s biggest central banks buttressed confidence in the global economic recovery. Copper rose for a third day and lead reached …

China, Hong Kong shares gain; upside seen limited – Forbes

24 Aug 2009 at 3:38am
HONG KONG, Aug 24 (Reuters) – Hong Kong shares climbed 1.67 percent on Monday, tracking strength on mainland and overseas stocks markets, with refiners and Chinese finance stocks climbing after Sinopec and China Construction Bank reported strong …

Market momentum depends on credit – The Chronicle Herald

24 Aug 2009 at 2:05am
Ben Bernanke, chairman of the U.S. Federal Reserve, says the economy is on the verge of recovery. (Gerald Herbert / AP) TORONTO ? Stock markets look set to build on the 2009 rally this week after U.S. Federal Reserve Board chairman Ben Bernanke …

Australian Exchanges loses regulatory role – Australian Broadcasting Corp.

24 Aug 2009 at 3:52am
MARK COLVIN: Australia’s stock and securities exchanges are to lose their self-regulating status. At present the Australian Securities Exchange supervises the country’s financial markets. After nearly a decade of debate, the Federal Government has …

Time has come for Asia to forget the US market, look to its home … – Natio…

24 Aug 2009 at 1:29am
Well, I’m optimistic that the worst is over. We had this complete credit contraction but that part is over. Question is whether we will be quickly on a robust road. I’m pessimistic about that. Even if banks keep recapitalised, they will have learned …

Be cautious of cyclical swings in a secular bear mkt – Commodity Online

24 Aug 2009 at 2:55am
From time to time it?s necessary to get a bird?s-eye view of the financial markets. And given the market?s recent run-up, such a moment has arrived. Let?s start with a review of what has happened up until now to get a better understanding of …

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August 24 2009 03:38 am | Stock Market News

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