Australian Mining Shares Climb, Led by BHP; Commander Communications Falls

(Bloomberg) -- Australian mining shares rose, led by
BHP Billiton Ltd. and Woodside Petroleum Ltd. after prices of
commodities such as copper and oil climbed.

``Commodity demand remains overwhelming relative to supply,
so there looks like there could be more upside for mining
companies' shares,'' said Atul Lele, who helps manage about $380
million at White Funds Management in Sydney.


Read more at Bloomberg Stocks News

Kravis Outspends Blackstone in Buyouts, Instilling Profit-or-Perish Creed

(Bloomberg) -- It's a great time to be Henry
Kravis, as he's quick to remind people.

In April, the buyout mogul is standing in a ballroom of the
Waldorf-Astoria hotel in New York, telling AIDS researcher Dr.
David Ho, architect Maya Lin and Yahoo! Inc. co-founder Jerry
Yang that the private equity industry he helped invent is hotter
than ever.


Read more at Bloomberg Bonds News

American Home, Apollo, Black Box, Robbins & Myers: U.S. Equity Preview

(Bloomberg) -- The following is a list of companies
whose shares may have unusual price changes in U.S. exchanges
today. This preview includes news that broke after exchanges
closed yesterday. Stock symbols are in parentheses after company
names.

American Home Mortgage Investment Corp. (AHM US) declined
$1.83, or 8.8 percent, to $19.08 in after-hours trading
yesterday. The lender specializing in adjustable-rate mortgages
withdrew its fiscal 2007 earnings guidance and said it will
likely have a second-quarter loss.


Read more at Bloomberg Stocks News

Copper Rises for a Second Day on Concern Labor Disputes Will Curb Supplies

(Bloomberg) -- Copper prices in Asia rose for a
second day as labor disputes at mines in South America,
including a strike by contract workers at the world's largest
producer Codelco, raised concerns that supply may be disrupted.

Protesters stormed a processing plant yesterday at
Codelco's Radomiro Tomic mine in northern Chile, according to
the company's press office. The site produces 18 percent of
Codelco's output, said Luis Galvez, a union director.


Read more at Bloomberg Commodities News

Asia stocks firm, Nikkei stars as yen softens

(Reuters) - Crude oil futures were a touch firmer in early Asian trade after U.S. oil topped $70 a barrel for the first time in nearly 10 months the previous session, while gold was steady above $647 an ounce, helped in part by firmer oil prices.




South Korean stocks edged higher, but Australian shares drifted on profit-taking in big banks, offsetting gains in resource firms. Hong Kong's Hang Seng was off 0.2 percent.


Read more at Reuters.com Hot Stocks News

China Eases Capital Limits, Gives Hong Kong Companies More Market Access

(Bloomberg) -- China's government eased capital
requirements for Hong Kong-based companies, giving them access to
11 new industries on the mainland.

China's Vice Minister of Commerce Liao Xiaoqi met Hong Kong
Chief Executive Donald Tsang and Financial Secretary Henry Tang
to sign the accord at the city's government headquarters today.
Chinese Commerce Minister Bo Xilai was also present.


Read more at Bloomberg Emerging Markets News

JGBs rises after few data surprises, eye on tankan

(Reuters) - JGBs edged higher after core Tokyo prices, which exclude
fresh food prices, unexpectedly fell 0.1 percent in June from a
year ago, while nationwide CPI slipped 0.1 percent in May, in
line with forecasts.




"The fall in Tokyo consumer price data was surprisingly soft,
and that may be supporting JGBs," said Katsutoshi Inadome,
strategist at Mitsubishi UFJ Securities. "But players are also
cautious ahead of the tankan survey."


Read more at Reuters.com Bonds News