Sunday, May 27, 2007

Datasul, Coca-Cola Femsa, Grupo Mexico, Marcopolo: Latin Equity Preview

(Bloomberg) -- The following stocks may make
significant gains or losses in Brazil and Mexico today. Symbols
are in parentheses after the company name, and stock prices are
from the last session.

In Brazil, preferred shares are the most commonly traded
class of stock.


Read more at Bloomberg Stocks News

India's Rupee May Decline on Central Bank Sales of Currency, Survey Shows

(Bloomberg) -- The Indian rupee, the best performing
Asian currency this year, will decline as the central bank sells
it to protect the nation's exporters, a survey of traders shows.

A slowdown in the pace of inflation to an eight-month low
may give the Reserve Bank of India room to increase rupee sales,
after scaling back dollar purchases in March and April. The
currency gained 9 percent this year to a nine-year high, helping
reduce the cost of imports and pressure for price increases.


Read more at Bloomberg Currencies News

Islamic Nations to Boost Investment, Trade to Safeguard Economic Growth

(Bloomberg) -- Muslim countries will this week call
for greater foreign investment and trade between Asia-Pacific
and the Middle East to help safeguard economic growth and jobs.

Malaysian Prime Minister Abdullah Ahmad Badawi and his
counterparts from Indonesia and Kuwait, Susilo Bambang Yudhoyono
and Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah, will join
investors at the three-day World Islamic Economic Forum in Kuala
Lumpur to discuss projects and investments to facilitate that.


Read more at Bloomberg Emerging Markets News

Stockland to raise US$300 mln min in U.S. bonds

(Reuters) - Typical buyers of U.S. traditional private placements are
U.S. insurance companies keen on long-dated paper to match
their assets.




They require a rating from the National Association of
Insurance Commissioners which has its own grid ranging
from NAIC-1 for the best credit to NAIC-6, the lowest.


Read more at Reuters.com Bonds News

Asian Stocks Advance on Metals Prices, Weaker Yen; BHP Billiton, Sony Rise

(Bloomberg) -- Asian stocks rose for the first time
in three days after metals prices gained and the yen weakened
against the dollar and euro.

Materials producers including BHP Billiton Ltd., the
world's biggest mining company, posted the biggest gains among
the Morgan Stanley Capital International Asia-Pacific Index's 10
industry groups. Sony Corp. advanced on speculation a weaker yen
will boost the value of overseas sales at Japanese exporters.


Read more at Bloomberg Stocks News

Japan's Nikkei Average, Topix Index Rise; Sony, Mitsui & Co. Lead Gain

(Bloomberg) -- Japan's Nikkei 225 Stock Average
rose 63.48, or 0.4 percent, to 17,544.69 at 9:02 a.m. in Tokyo.
The broader Topix index added 8.70, or 0.5 percent, to
1724.24.

Sony Corp. and Mitsui & Co. led the advances.


Read more at Bloomberg Stocks News

Japan Airlines Placed on Watch Negative by Standard & Poor's on Debt Swap

(Bloomberg) -- Standard & Poor's, the international
ratings company, said yesterday it placed the long-term corporate
credit ratings of Japan Airlines Corp. on credit watch with
negative implications, after a report that the carrier asked its
banks to convert some debt into equity.

S&P's B+ rating on the airline, four levels below investment
grade, was reaffirmed.


Read more at Bloomberg Bonds News