Wall Street and Main

Krona Falls Amid Bets Riksbank Will Cut Rates: Stockholm Mover – Bloomberg

2013-05-24T09:32:45Z

Krona Falls Amid Bets Riksbank Will Cut Rates: Stockholm MoverBloombergEconomists surveyed by Bloomberg had predicted a 6.5 reading. A gauge of manufacturing confidence sank to minus 15 from a revised minus 9. “After some positive signs for manufactu...

China, US Reach Agreement on Audit Record Access, WSJ Reports – Bloomberg

2013-05-24T09:28:35Z

China, US Reach Agreement on Audit Record Access, WSJ ReportsBloombergPhone calls to the press office of the securities regulator in Beijing seeking comment went unanswered. To contact Bloomberg News staff for this story: Aipeng Soo in Beijing at asoo4...

BoJ’s Kuroda vows to steady bonds

2013-05-24T09:26:21Z

BoJ governor vows to curb bond market volatility in an effort to reassure those who fear instability could push up interest rates and damage Japan’s Abe project

What Google Glass Reveals About Privacy Fears – Bloomberg

2013-05-24T09:20:39Z

What Google Glass Reveals About Privacy FearsBloombergMarketing professionals have learned the hard way that no matter what they do or do not plan to do with consumer information, privacy matters. In part, that's because marketing has always been s...

Why You Should Let a 5-Year Old Design Your Next Product – Bloomberg

2013-05-24T09:20:38Z

Why You Should Let a 5-Year Old Design Your Next ProductBloombergAll his life, he hated brushing his teeth. Getting toothpaste onto a toothbrush can be messy if your fine motor skills are still developing. And, of course, even though you know you'r...

WTI Heads for Biggest Weekly Decline in a Month on Supply – Bloomberg

2013-05-24T09:15:59Z

WTI Heads for Biggest Weekly Decline in a Month on SupplyBloombergPrices may decline next week amid speculation that U.S. fuel supplies will be sufficient to meet summer demand after factory output in China shrank for the first time in seven months, ac...

SHFE Copper Stockpiles Tumble to Lowest Level Since September – Bloomberg

2013-05-24T09:15:31Z

SHFE Copper Stockpiles Tumble to Lowest Level Since SeptemberBloombergStockpiles of metals at warehouses monitored by the Shanghai Futures Exchange declined, with copper falling to the lowest level in almost eight months, data from the bourse showed to...

Russia Approves Subsidy Program to Boost Renewable-Energy Output – Bloomberg

2013-05-24T09:13:56Z

Russia Approves Subsidy Program to Boost Renewable-Energy OutputBloombergThe measures will increase the proportion of renewable energy to 2.5 percent of power generation by 2020 from 0.8 percent now, he said. To contact the reporter on this story: Marc...

EU Agriculture Trade Surplus Was 12.6 Billion Euros Last Year – Bloomberg

2013-05-24T09:13:18Z

EU Agriculture Trade Surplus Was 12.6 Billion Euros Last YearBloombergThe European Union agriculture trade surplus was 12.6 billion euros ($16.4 billion) last year, putting it second behind the U.S. in world exports. EU exports to its top trader partne...

Serbia May Use $230 Million of Russian Rail Loan This Year – Bloomberg

2013-05-24T09:12:01Z

Serbia May Use $230 Million of Russian Rail Loan This YearBloombergRussian companies, including units of Russian Railways, will serve as contractors while Serb companies will work as subcontractors. To contact the reporter on this story: Misha Savic in...

Dreyfus Cash Management Funds Daily Values as of May 23, 2013. – Bloomberg

2013-05-24T09:12:01Z

Dreyfus Cash Management Funds Daily Values as of May 23, 2013.BloombergThe following are the closing values for the Dreyfus Cash Management Funds as of May 23, 2013. Name of the Fund Daily Weekly Maturity Assets Cusip # Yield% Yield% <days> <0...

China Copper Output Said by Jinchuan to Fall 500000 Tons – Bloomberg

2013-05-24T09:07:21Z

China Copper Output Said by Jinchuan to Fall 500000 TonsBloombergChina's refined copper output in 2013 may fall 500,000 metric tons, about 9 percent of the country's output last year, on a scrap shortage and delayed commissioning of new facilit...

Five Key Things About the SAC Insider Case – Bloomberg

2013-05-24T09:05:11Z

Five Key Things About the SAC Insider CaseBloombergSAC Capital Advisors LP founder Steven A. Cohen has been subpoenaed to testify before a grand jury in New York as part of the U.S. government's five-year crackdown on insider trading. Here are five...

Pakistan seeks $4bn-$5bn Saudi loan

2013-05-24T09:04:52Z

Sharif looks to to avert a balance of payments crisis and boost electricity supplies while Pakistan agrees a new programme with the IMF

Niger Vows to Intensify Fight Against Militants After Bombings – Bloomberg

2013-05-24T08:55:42Z

Niger Vows to Intensify Fight Against Militants After BombingsBloombergNiger said it will step up its fight against Islamist militants in the country as a group linked to al-Qaeda said it took part in twin suicide car bombings yesterday that killed at ...

Taiwan Cuts 2013 GDP Growth Forecast as Global Recovery Falters – Bloomberg

2013-05-24T08:53:28Z

Taiwan Cuts 2013 GDP Growth Forecast as Global Recovery FaltersBloombergIts preliminary report last month was 1.54 percent, while the median in a Bloomberg News survey of 18 economists was 1.5 percent. Central banks from Australia to South Korea and Eu...

German Stocks Advance as Business Confidence Increases – Bloomberg

2013-05-24T08:51:39Z

German Stocks Advance as Business Confidence IncreasesBloombergGerman stocks advanced as a gauge of business confidence increased more than forecast in May and investors awaited a report that may show U.S. durable-goods orders rose in April. Linde AG (...

Scots Defying Osborne on Union Still Want His Rates – Bloomberg

2013-05-24T08:49:23Z

Scots Defying Osborne on Union Still Want His RatesBloombergWhile yields have increased 50 basis points since then to 1.91 percent yesterday, that's still about two percentage points less than the average of the past decade and 47 basis points more...

Vestas Short Interest Falls to 2 1/2-Year Low, Markit Data Show – Bloomberg

2013-05-24T08:48:36Z

Vestas Short Interest Falls to 2 1/2-Year Low, Markit Data ShowBloombergShort interest in Vestas Wind Systems A/S (VWS), the wind turbine maker with the most installed capacity, fell to its lowest in more than 2 1/2 years, Markit data on Bloomberg show...

Kmart Ceased Production at Bangladesh Factory After Cracks Found – Bloomberg

2013-05-24T08:47:11Z

Kmart Ceased Production at Bangladesh Factory After Cracks FoundBloombergKmart, the Australian discount department-store unit of Wesfarmers Ltd. (WES), said it ceased production earlier this month at a Bangladesh clothing factory and evacuated workers ...

Turkey Bans Retail Alcohol Sales at Night, Promotion of Drinking – Bloomberg

2013-05-24T08:44:32Z

Turkey Bans Retail Alcohol Sales at Night, Promotion of DrinkingBloombergTurkey's parliament approved a law banning retail alcohol sales at night and promotion of alcoholic drinks as opposition lawmakers accused Prime Minister Recep Tayyip Erdogan ...

Napoli Makes Approach for Spurs’ Villas-Boas: Soccer Roundup – Bloomberg

2013-05-24T08:43:43Z

Napoli Makes Approach for Spurs' Villas-Boas: Soccer RoundupBloombergThe following is a roundup of soccer stories from U.K. newspapers, with clickable Internet links. Villas-Boas Approach. Napoli made an approach for Tottenham Hotspur manager Andre...

Swiss Stocks Rebound From Biggest Drop in 20 Months – Bloomberg

2013-05-24T08:42:24Z

Swiss Stocks Rebound From Biggest Drop in 20 MonthsBloombergThe volume of shares changing hands in SMI-listed companies was 14 percent greater than the daily average of the past 30 days, according to data compiled by Bloomberg. Moody's affirmed Swi...

Raiffeisen CEO offers to resign

2013-05-24T08:42:20Z

Herbert Stepic’s decision to step down for ‘personal reasons’ follows scrutiny of his involvement in Asian property deals, which he has defended

Yuan Rises to 19-Year High on Record Fixing, Premier Li Remarks – Bloomberg

2013-05-24T08:41:36Z

Yuan Rises to 19-Year High on Record Fixing, Premier Li RemarksBloombergIn Hong Kong, the offshore yuan climbed 0.1 percent to 6.1245 per dollar today, according to data compiled by Bloomberg. It gained 0.3 percent since May 17, the eighth consecutive ...