Gold jumps 2 percent to fresh record highs
TOKYO, March 17 (Reuters) - Gold prices jumped more than 2 percent on Monday to hit new all-time highs as the dollar tumbled and news of the acquisition of Bear Stearns (BSC.N:
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JPMorgan- Bear Stearns well run, good risk controls
A JPMorgan executive said on a conference call that 200 employees scrutinized Bear Stearn's books over three days. JPMorgan announced earlier it would buy Bear Stearns for about $2 a share. (Repo...
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PRESS DIGEST - Thai newspapers - March 17
BANGKOK, March 17 (Reuters) - These are some of the leading stories in Thai newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy.
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Paulson says pleased with J.P. Morgan-Bear deal
WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Sunday he was pleased with the deal for J.P. Morgan Chase & Co. to buy Bear Stearns and with the Federal Reserve's latest actio...
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Kookmin says to buy Kazakh bank stake for $623 mln
Research ) said on Monday it will buy a 30 percent stake in Kazakhstan's No. 6 bank, CenterCredit CCBN.KZ for 621.3 billion won ($623.1 million).
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Euro rises above $1.57 to record highs
WELLINGTON, March 17 (Reuters) - The euro jumped above $1.57 <EUR=> to record highs on Monday as the U.S. dollar came under pressure after Bear Stearns was forced to secure emergency financin...
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TEXT-Air NZ says to raise fares by average 3 pct
WELLINGTON, March 17 - Air New Zealand's domestic, Tasman and Pacific Island fares are about to cost more as a result of high fuel prices. Group General Manager Short Haul Airlines Bruce Parton sa...
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  • Apollo, Cerberus Seek Paper Profits With IPOs

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  • Oman-India JV firm readies for IPO

    India's Bharat Oman Refineries, an equal joint venture between state-run Bharat Petroleum Corporation Limited (BPCL) and Oman Oil Company, has filed papers for an initial public offer, a senior company official said. 'We are coming to the market with a