Grupo Aeroportuario Centro Norte, Grupo Mexico, Lan: Latin Equity Preview

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

Markets in Brazil are closed today for a holiday.


Read more at Bloomberg Stocks News

Gold ticks up on oil, Tokyo futures at 2-week high

(Reuters) - By 0345 GMT, cash gold was trading at $654.40/655.00 an ounce from $653.80/654.60 late in New York on Friday, when it rose more than $4 an ounce.




"Fresh funds are flowing into gold as we're in the early part of the third quarter, although the market is still nervous because of uncertainty over the outlook for global interest rates," said Shuji Sugata, manager at Mitsubishi Corp Futures and Securities.


Read more at Reuters.com Hot Stocks News

France Doesn't Need to Sell Assets to Reduce Its Public Debt, Lagarde Says

(Bloomberg) -- French President Nicolas Sarkozy's
government doesn't have to sell assets to reduce debt, Finance
Minister Christine Lagarde said today.

``We don't necessarily need this to cut France's debt,''
Lagarde told reporters at an economic conference in Aix-en-
Provence, France.


Read more at Bloomberg Bonds News

Ethanol Poised to Recover as Bumper Corn Crop Lowers Cost; ADM Shares Gain

(Bloomberg) -- The steepest decline in ethanol since
2001 may be ending, buoying profits at Archer Daniels Midland
Co., VeraSun Energy Corp. and Aventine Renewable Energy Inc.

Ethanol tumbled 43 percent in the past 12 months, making
the corn-based fuel additive cheaper than gasoline for the first
time in two years. The difference in price will persist through
2007, spurring ethanol sales as oil refiners use it to stretch
fuel supplies, said Ian Horowitz, an analyst at Soleil
Securities Corp. in New York.


Read more at Bloomberg Energy News

Apollo raises offer for Huntsman to $28/shr: WSJ

(Reuters) - None of the companies was immediately available to comment.




Dutch-based Basell , controlled by U.S. industrial group Access Industries, last month agreed to buy Huntsman for $5.6 billion, excluding debt, or $25.25 per share.


Read more at Reuters.com Business News

Air Berlin, DaimlerChrysler, Munich Re, TUI, Volkswagen: German Preview

(Bloomberg) -- The following stocks may rise or fall
in German markets. Stock symbols are in parentheses after the
company names and prices are from the Xetra close on July 6
unless otherwise stated.

Germany's X-DAX Index rose 0.7 percent to 8108. The index
provides an estimate of the DAX Index, based on trading in DAX
futures after the Xetra electronic market closes. The DAX climbed
0.8 percent to 8048.32 on the Xetra electronic-trading system.


Read more at Bloomberg Stocks News

Air Berlin, Alitalia, Banesto, EADS, EDF, UBS: European Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in European markets. Prices are from the last close.

The Dow Jones Stoxx 600 rose 0.6 percent to 397.27. The Dow
Jones Stoxx 50 Index gained 0.8 percent to 3979.32. The Euro
Stoxx 50 Index, a benchmark for the 13 nations using the euro,
climbed 0.7 percent to 4524.45.


Read more at Bloomberg Stocks News

Canada's Dodge May Raise Rates, Ignoring Pleas From Exporters and Unions

(Bloomberg) -- Bank of Canada Governor David Dodge
may raise interest rates for the first time since May 2006, as
exporters and unions warn an increase will send the currency to
parity with the U.S. dollar and cost jobs.

The central bank will lift the overnight rate by a quarter-
point to 4.5 percent tomorrow, according to all but one of 29
economists surveyed by Bloomberg News. Speculation grew after
the last decision May 29, when policy makers said a tightening
might be needed ``in the near term,'' citing ``excess demand''
in the world's eighth-biggest economy.


Read more at Bloomberg Currencies News

U.S. 10-Year Treasury Yield Is Near Two-Week High Before Bernanke Speech

(Bloomberg) -- U.S. 10-year Treasury yields held
near their highest in two weeks on speculation Federal Reserve
Chairman Ben S. Bernanke will say inflation is still a concern
when he speaks tomorrow.

Inflation expectations among traders rose for a third day.
Ten-year notes yielded 2.41 percentage points more than
inflation-protected securities, versus 2.39 percentage points a
week ago. The difference represents the rate of inflation
investors expect for the coming decade.


Read more at Bloomberg Bonds News

UPDATE 2-Japan machine orders rise, capex seen solid

(Reuters) - TOKYO, July 9 - Japan's core private-sector
machinery orders rose more than expected in May, pointing to
solid corporate capital spending and bolstering the case for a
Bank of Japan rate hike in August.




Core orders, which exclude those for ships and machinery at
electric power firms, rose 5.9 percent from April, Cabinet Office
data showed on Monday, beating a market consensus forecast for a
2.3 percent rise and following a 2.2 percent increase in April.


Read more at Reuters.com Economic News

Dow Jones to meet with Ron Burkle: source

(Reuters) - Burkle has been exploring a structure for Dow Jones that would incorporate an employee stock ownership plan, sources previously told Reuters.




Dow Jones is making a last push to try to find other potential buyers, in part, to appease Leslie Hill, a Dow Jones director and a member of the Bancroft family, according to an online report by The Wall Street Journal. The Bancroft family controls 64 percent of the company's votes.


Read more at Reuters.com Business News

Nikkei up as Fanuc gains on machinery data

(Reuters) - But shares of real estate firms such as Mitsui Fudosan and Mitsubishi Estate weighed on the market after the data fuelled concern about higher interest rates.




"A rise in U.S. stocks and the machinery data lifted the market at the opening, but gains are likely to be limited ahead of a string of economic indicators later in the week and the election," said Yutaka Miura, deputy manager of the equity information department at Shinko Securities.


Read more at Reuters.com Hot Stocks News

Japan's Shares Rise After Machinery Orders Jump; Komatsu, Mitsubishi Gain

(Bloomberg) -- Japan's Nikkei 225 Stock Average
advanced to a seven-year high after a government report showed
machinery orders climbed more than forecast in May. Komatsu Ltd.
led gains.

Energy-related shares including Nippon Mining Holdings Inc.
and Mitsubishi Corp. also rose after crude oil climbed to the
highest in 10 months last week and metals such as copper and gold
gained.


Read more at Bloomberg Stocks News

South Korea Won Weakens on Speculation Central Bank May Sell the Currency

(Bloomberg) -- The South Korean won fell on
speculation traders were betting the central bank will sell the
currency to keep the price of exports from rising. Government
bonds declined.

The won has strengthened 1.5 percent over the past month
while the yen has weakened by the same magnitude, putting Korean
export companies at a disadvantage versus their Japanese rivals.
The finance ministry and the Bank of Korea last week warned they
will take action in the market to stem excessive gains after the
currency reached the highest in a decade against the yen.


Read more at Bloomberg Emerging Markets News

Taiwan's Export Growth Probably Accelerated in June on Demand From China

(Bloomberg) -- Taiwan's export growth probably
accelerated in June on increased shipments to China, where
manufacturing was the strongest in more than two years.

Overseas sales rose 5.5 percent from a year earlier, faster
than May's 3.5 percent increase, according to the median
estimate of 11 economists surveyed by the Bloomberg News. The
Ministry of Finance will announce trade numbers at 4 p.m. today
in Taipei.


Read more at Bloomberg Emerging Markets News

New Zealand Dollar Drops After Moody's Report Says Housing Market to Slow

(Bloomberg) -- New Zealand's dollar dropped after
Moody's Investors Service said the nation's housing market may
slow, eliminating the need for the central bank to raise
interest rates again this year.

There is an ``increased possibility'' of a slowdown in the
country's mortgage market, Moody's said in the report issued
today. New Zealand's currency, known as the kiwi, has gained 11
percent since the start of the year as the central bank
increased the official cash rate three times in a bid to slow
consumer demand, particularly for housing, which it says is
spurring inflation.


Read more at Bloomberg Currencies News

India's Rupee May End Four-Week Rally on Central Bank Sales, Survey Shows

(Bloomberg) -- India's rupee may end a four-week
rally, a Bloomberg News survey showed, on speculation the
central bank will sell the currency to halt a fall in exports.

Capital flows into Asia's fourth-largest economy helped
push up the rupee 9.5 percent this year. Infosys Technologies
Ltd., India's second-largest computer-services provider, may
miss its local-currency sales forecast because of the stronger
rupee, which lowers the value of overseas revenue, Credit Suisse
said last week. Exports declined in the five months through May.


Read more at Bloomberg Currencies News

JGBs fall on weak Treasuries, strong Japan data

(Reuters) - The BOJ is expected to hold rates steady at a two-day policy
meeting on Wednesday and Thursday this week, but many in the
market expect a rate hike in August, with a global monetary
tightening trend lending support.




"The market sees the machinery orders as supporting the case
for an August rate hike, as the figures show the economy is
moving in line with the BOJ's outlook," said Naomi Hasegawa, a
senior fixed income strategist at Mitsubishi UFJ Securities.


Read more at Reuters.com Bonds News

Korean Won Falls on Speculation Central Bank Will Stem Gains as Yen Drops

(Bloomberg) -- The South Korean won dropped on
speculation traders were betting the central bank will sell the
currency to keep the price of exports from rising.

The won has strengthened 1.5 percent over the past month
while the yen has weakened by the same magnitude, putting Korean
export companies at a disadvantage versus their Japanese rivals.
The finance ministry and the Bank of Korea last week warned they
will take action in the market to stem excessive gains after the
currency reached the highest in a decade against the yen.


Read more at Bloomberg Currencies News

ANZ pays $88 million for stake in Vietnam broker

(Reuters) - ANZ is paying around 283,360 Vietnamese dong per share, based on Reuters calculations, a hefty premium of about 83 percent over Saigon's last trade price for its minority stake, based on the U.S. dollar conversion.




ANZ senior managing director, Bob Edgar, said the strategic partnership with SSI would benefit ANZ's existing institutional capital markets business in the fast-growing Vietnamese economy.


Read more at Reuters.com Business News

Japan's Stocks Rise After Machinery Orders Jump; Fanuc, Komatsu Advance

(Bloomberg) -- Japanese stocks advanced after a
government report showed machinery orders climbed more than
forecast in May. Fanuc Ltd. and Komatsu Ltd. gained.

Energy-related shares including Inpex Holdings Inc. and
Itochu Corp. also rose after crude oil climbed to a 10-month high
last week.


Read more at Bloomberg Stocks News

South Korea's Kospi Index Climbs, Led by Samsung Electronics, Kookmin

(Bloomberg) -- South Korea's benchmark stock index,
the Kospi Index, rose 0.76 percent at 9:05 a.m.

The index of 731 companies traded on the Korea Exchange rose
14.17 to 1,875.18. Among the stocks in the index, 372 rose, 237
fell and 122 were unchanged.


Read more at Bloomberg Stocks News

Yen Pares Losses After Japan's Machinery Orders Rise More Than Expected

(Bloomberg) -- The yen pared losses as Japan's
machinery orders, a key indicator of corporate spending plans,
rose for a second month in May.

Signs of a stronger economy may support the central bank's
case for raising interest rates, increasing the attractiveness of
Japanese assets. The yen has weakened 3.5 percent against the
dollar and 6.5 percent versus the euro this year as investors
sent money overseas in search of higher yields.


Read more at Bloomberg Currencies News

Exporters, Daewoo Shipbuilding, Samsung, Posco: South Korea Equity Preview

(Bloomberg) -- The following shares may rise or fall
in South Korea. Prices refer to the July 6 close. This preview
includes news announced after markets shut. Stock symbols are in
brackets after the company names.

The Kospi index gained 0.7 percent to a record 1861.01. The
Kosdaq index climbed 1 percent to 811.06. Kospi 200 futures rose
0.6 percent to 238.25, while the underlying index gained 0.8
percent to 236.52.


Read more at Bloomberg Stocks News

Australia's Dollar Advances to 105.98 Yen, Strongest Since October 1991

(Bloomberg) -- The Australian dollar rose to 105.98
yen, the highest since October 1991, before trading at 105.89
yen at 7:31 a.m. in Sydney. It was at 105.84 yen late in New
York July 6.

The currency was little changed against the U.S. dollar at
85.79 cents from 85.82 cents late last week.


Read more at Bloomberg Currencies News

British Three-Year-Old Girl Kidnapped by Gunmen in Nigeria Is Released

(Bloomberg) -- The 3-year-old British girl who was
abducted by armed gunmen in Nigeria was freed today, the U.K.
Foreign Office confirmed.

``I was delighted and relieved'' to hear of the girl's
release, British Foreign Secretary David Miliband said in a
statement.


Read more at Bloomberg Energy News

Chinatrust Financial, HSBC, Muhibbah, Posco: Asia Ex-Japan Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in Asian markets, excluding Japan, on July 9. This preview
includes news that broke after markets closed. Prices are from
the local market's last close. Stock symbols are in parentheses
after company names.

Chinatrust Financial Holding Co. (2891 TT): Chinatrust,
which owns Taiwan's largest credit-card issuer, posted a first
half profit of NT$8.17 billion ($249 million), the company said
in an e-mailed statement. The unaudited profit compares with a
loss of NT$2.25 billion in the same period a year earlier.
Chinatrust slipped 20 cents, or 0.8 percent, to NT$26.20.


Read more at Bloomberg Stocks News

Yen, Taiwan Dollar, Ringgit, Singapore Dollar: Asian Currency Preview

(Bloomberg) -- The following events and economic
reports may influence trading in Asian currencies today.

Exchange rates are from the previous session.


Read more at Bloomberg Currencies News

US May machine tool demand down 6.5 pct from yr ago

(Reuters) - May demand rose 6.5 percent from $294.46 million in April,
the report showed.




In the January-to-May period, U.S. machine tool demand
stood at $1.606 billion, up 7.5 percent from $1.494 billion in
the first five months of 2006. Growth was strongest in the
Central and Northeast regions.


Read more at Reuters.com Economic News

FedEx could lure private equity interest: Barron's

(Reuters) - "One need not get anywhere near the recent double-digit Ebitda valuations of in other industries to get to a share price more than 20 percent above current levels," Barron's said in the report.




The attraction for buyout firms would be the potential to cut capital expenditures to help finance a deal as well as the opportunity to turn around ailing retail unit FedEx Kinko's.


Read more at Reuters.com Business News

FACTBOX-A few facts on Boeing's 787 Dreamliner

(Reuters) - It is Boeing's most successful plane launch ever, with more than 600 orders before the plane has even left the ground. Here are a few facts on the 787:




* WHAT'S NEW:


Read more at Reuters.com Business News

Venezuela Doesn't Have `Short-Term' Plans to Devalue Bolivar, Cabezas Says

(Bloomberg) -- Venezuela has no ``short-term'' plan
to devalue its currency, the bolivar, Finance Minster Rodrigo
Cabezas said today.

``If we have to devalue eventually, it will be for
macroeconomic reasons,'' Cabezas said in interview on Caracas-
based TV station Televen. ``But in the short term, the
government doesn't have cash flow problems so there is no need
to devalue the currency.''


Read more at Bloomberg Currencies News

UBS says eyes takeovers in new U.S. growth push

(Reuters) - "Our aspirations in the USA are indeed higher than our
current position. That requires additional investment," Ospel
said in an interview in the SonntagsZeitung published on Sunday.




"We are launching a new growth initiative for this market,"
Ospel said. The group's new CEO Marcel Rohner would lead the
turnaround in the U.S., with the goal of strengthening the
group's position among the top five in investment banking.


Read more at Reuters.com Mergers News

Egypt indexes hit lifetime closing highs

(Reuters) - Shares in OCI rose 2.9 percent to 415.50 Egyptian pounds , while overall the CASE30 index rose 1 percent to close 8,246.21 points, breaking a previous closing high of 8,220.07 set in February 2006.




The benchmark Hermes index also hit a fresh closing high of 73,151.40 points after rising 0.7 percent. But the broader CIBC index dipped 0.1 percent to close at 344.32 points as profit-taking hit some housing and real estate shares.


Read more at Reuters.com Hot Stocks News

Nissan seeks 36 pct rise in 2007 China auto sales

(Reuters) - Nissan Motor Co. hopes new models will boost its vehicle sales in China this year by more than a third, its China president said on Sunday.

Nissan, which operates a manufacturing venture in China with Dongfeng Motor Group Co., aims to sell 300,000 vehicles in China this year, up from 220,000 in 2006, Yukihisa Kayashima said on the sidelines of a media event.


Read more at Reuters Africa

S.Korea raises 2007 export, import growth forecasts

(Reuters) - South Korea lifted its forecast for exports on Sunday, expecting annual growth of 12.8 percent in 2007 thanks to overall healthy expansion in the global economy, according to the Ministry of Commerce.

The ministry also raised its forecast for imports growth to 13.9 percent and predicted this year's trade surplus would exceed $15 billion, narrowing from $16.1 billion recorded last year.


Read more at Reuters Africa