Hong Kong index rises after Wall Street gain, Cheung Kong upgrade
iht.com     May 16, 2008            

Hong Kong stocks advanced modestly Friday after Wall Street gained overnight and Cheung Kong rose on an analyst upgrade. The blue-chip Hang Seng Index climbed 105.15 points, or 0.4 percent, to 25,618.86. For the week, the index gained 2.2 percent. Investors may tread carefully in coming days,... [read full story]                    


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Fitch Affirms Harsco's IDR at 'A-'; Outlook Stable (Business Wire)

yahoo.com     2 hrs ago          

NEW YORK----Fitch Ratings has affirmed the long- and short-term Issuer Default Ratings and outstanding debt ratings of Harsco Corporation and the unconditionally guaranteed debt of its wholly owned direct subsidiary, Harsco...                    

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Emerging Markets Report: Colombia may relax some of its capital controls -report (at MarketWatch)

yahoo.com     2 hrs ago          

NEW YORK (MarketWatch) -- President Alvaro Uribe said in an interview with Colombian newspaper Portafolio this week that the government is examining the possibility of easing capital controls on portfolio inflows into the...                    

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Cuomo Says He Will Sue Merrill on Friday

nytimes.com     2 hrs ago   3 related          

New York Attorney General Andrew Cuomo told several news outlets on Thursday he will file suit against Merrill Lynch over its role in selling auction-rate securities if an agreement isn't reached by the end of the day....                    

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Corel Lures A Bid (at Forbes.com)

yahoo.com     2 hrs ago          

Turns out there really was another offer for Corel. The software company on Thursday said it was talking to an outside party about a possible sale only days after its 69.0% owner rescinded an $11-a-share bid, saying that it...                    

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