Sunday, July 1, 2007

Japanese Government Bonds May Rise on View Tankan Won't Back Higher Rates

(Bloomberg) -- Japanese government bonds may rise
for a second day on speculation the central bank's Tankan survey
will fail to increase the likelihood for higher interest rates.

Ten-year bonds last week completed their first back-to-back
weekly gain since March after a government report showed
consumer prices in Tokyo unexpectedly dropped. U.S. Treasuries
rose on June 29, pushing 10-year yields to a three-week low,
after an inflation gauge watched by the Federal Reserve slowed.


Read more at Bloomberg Bonds News

Crude Oil Trades Near 10-Month High on U.S. Fuel, U.K. Terrorism Concerns

(Bloomberg) -- Crude oil was little changed near a
10-month high in New York after rising last week on declining U.S.
fuel stockpiles and attempted car bombings in the U.K.

Gasoline futures reached a one-week high on June 29, after
rising for three days on a report showing U.S. supplies of the
motor fuel unexpectedly fell the week before. U.K. security
agencies raised the country's terrorist threat assessment to its
highest level at the weekend after an attack at Glasgow
International Airport and two attempted bombings in London.


Read more at Bloomberg Energy News

DTE Energy, GE unit in deal on power projects

(Reuters) - As part of the deal, DTE Energy will manage the day-to-day operations of the projects and act as the managing member of the LLC that owns them.




Morgan Stanley advised DTE Energy.


Read more at Reuters.com Mergers News

Peru inflation up 0.47 percent in June

(Reuters) - "The rise in prices of transport and communications
services is explained mainly because of the increase on fuels
and transport prices," the National Statistics Institute said
in a statement.




The result was above the forecasts of analysts consulted by
Reuters. They had predicted a median rise of 0.28 percent, with
estimates ranging from 0.20 percent to 0.40 percent.


Read more at Reuters.com Economic News

Mideast funds target Jaguar, Land Rover: report

(Reuters) - No one at the funds could immediately be reached.




Ford's president for the Americas said on Friday the company


Read more at Reuters.com Mergers News

Saturday, June 30, 2007

U.S. family tries living without China

(Reuters) - In "A Year Without 'Made in China,"'
Bongiorni tells how she and her family found that such formerly
simple acts as finding new shoes, buying a birthday toy and
fixing a drawer became ordeals without the Asian giant.




Bongiorni takes pains to say she does not have a
protectionist agenda and, despite the occasional worry about
the loss of U.S. jobs to overseas factories, she has nothing
against China. Her goal was simply to make Americans aware of
how deeply tied they are to the international trading system.


Read more at Reuters.com Business News

Boeing gets $2 bln U.S. Air Force contract

(Reuters) - Chicago-based Boeing said the program calls for the replacement wing sets to be delivered in parts and kits for easy installation.




"We are pleased that the Air Force has recognized that Boeing has the skilled expertise, engineering know-how and the affordable solution to address the needs of the A-10 program," Charles Robertson, a vice president of Boeing Support Systems, said in a statement.


Read more at Reuters.com Business News