Archive for March 15th, 2008

Citic `Can't Guarantee' Investment in Bear Stearns (Update2) - Bloomberg

Posted in March 15th, 2008

Citic `Can't Guarantee' Investment in Bear Stearns (Update2)
Bloomberg - 7 minutes ago
“Bear Stearns's prime task now is to save itself,'' said Victor Wang, a Hong Kong-based analyst at UBS AG., “Citic is telling investors it hasn't put any …

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Citic 2007 Profit Soars Fivefold on China Stock Boom (Update1) - Bloomberg

Posted in March 15th, 2008

by in China Stocks

Citic 2007 Profit Soars Fivefold on China Stock Boom (Update1)
Bloomberg - 52 minutes ago
In December, Citic's shareholders approved a $450 million investment in a Hong Kong unit, the assets and operations of which will be injected into the joint …

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Goldman Sachs to reveal $3bn hit - Telegraph.co.uk

Posted in March 15th, 2008

by in China Stocks

Goldman Sachs to reveal $3bn hit
Telegraph.co.uk, United Kingdom - 5 minutes ago
Goldman invested $2.3bn for its minority shareholding in ICBC, which is listed on the Hong Kong and Shanghai stock exchanges. Goldman will also take a hit …

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Rs. 1.2-1.5 bn., from rights issue - Sunday Leader (subscription)

Posted in March 15th, 2008

by in China Stocks

Rs. 1.2-1.5 bn., from rights issue
Sunday Leader (subscription), Sri Lanka - 43 minutes ago
TJL is a joint collaboration between Pacific Textiles Hong Kong, one of the world's leading knitwear manufacturers and Brandix Lanka, one of Sri Lanka's two …

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Asian stocks fall, set for second losing week; Toyota declines - Tehran Times

Posted in March 15th, 2008

by in China Stocks

Asian stocks fall, set for second losing week; Toyota declines
Tehran Times, Iran - 36 minutes ago
Industrial & Commercial Bank of China Ltd., the nation’s biggest lender, dropped 1.4 percent to HK$4.90. in Hong Kong. A gauge of financial shares on MSCI’s …

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