Saturday, June 9, 2007

Clinton offers Detroit automakers health care aid

(Reuters) - Speaking at a union hall, Clinton also pledged new U.S.
government investment in technologies that promise sharp gains
in engine efficiency, such as lithium-ion batteries, an area
where Japanese suppliers lead the pack.




"I know we have to do more to support the American auto
industry and to support the American auto worker," she said.


Read more at Reuters.com Government Filings News

Berlin police scuffle with protesters after G8

(Reuters) - German police scuffled with anti-G8 demonstrators at an impromptu protest in Berlin late on Friday, several hours after the Group of Eight summit in Heiligendamm ended, police said on Saturday.

Stones and bottles were thrown at riot police during the three-hour demonstration in central Berlin, although most of the 600 protesters returning home from Heiligendamm were peaceful, a police spokesman said. Six were detained and five arrested.


Read more at Reuters Africa

UPDATE 1-China Jan-May trade surplus $85.72 bln -official

(Reuters) - Exports in the first five months were $443.5 billion, while
imports in the same period totalled $357.8 billion, Yang
Hongbin, a vice special commissioner with the Ministry of
Commerce, said in a speech to an industry conference in
Shanghai.




The figures suggested that China's trade surplus in May was
$22.41 billion, exceeding forecasts of $18.8 billion by
economists polled by Reuters.


Read more at Reuters.com Economic News

South African Rand Has Biggest Weekly Drop in Three Months on Bond Yields

(Bloomberg) -- The South African rand this week fell
by the most in three months as higher bond yields in developed
markets prompted investors to reduce emerging market holdings.

Foreign investors sold 1.3 billion rand ($178.5 million)
more of the country's bonds than they bought on June 7, adding to
4 billion rand of net sales in the week through June 1, according
to data published by the nation's bond exchange. The currency
fell to a four-month low as the stock market fell more than 3
percent in the week, also the worst performance since March.


Read more at Bloomberg Currencies News