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SCENARIOS-Likely comments from Indonesia c.bank on rates,economy - Fri 03 Jul, 01:15 AM [ AFX ]
By Gde Anugrah Arka JAKARTA, July 2 (Reuters) - Indonesia's central bank is expected to cut its benchmark overnight policy rate for the eighth month in a row on Friday, to a record low of 6.75 percent, as it seeks to boost growth in Southeast Asia's biggest economy.

Ross among funds considering Delphi bid -- sources - Fri 03 Jul, 12:50 AM [ AFX ]
By Kevin Krolicki and Jui Chakravorty DETROIT (DETROIT.SN - news) /NEW YORK, July 2 (Reuters) - Billionaire investor Wilbur Ross is among those considering a bid for the assets of bankrupt auto parts supplier Delphi Corp (DPHIQ.PK - news) , two people with knowledge of the matter said on Thursday.

Rio Tinto placed on trading halt - NZX - Fri 03 Jul, 12:37 AM [ AFX ]
WELLINGTON, July 3 (Reuters) - Australian based mining giant Rio Tinto (LSE: RIO.L - news) was placed on trading halt on Friday pending a material announcement, the New Zealand stock exchange said.

UPDATE 2-Jackson memorial likely Tuesday - Fri 03 Jul, 12:32 AM [ AFX ]
By Alex Dobuzinskis LOS ANGELES, July 2 (Reuters) - A public memorial for Michael Jackson is expected Tuesday in Los Angeles, a venue official said, as a lawyer for the pop star's ex-wife said she hasn't decided whether to fight for custody of their children.

Diary - Hong Kong - to July 10 - Fri 03 Jul, 12:25 AM [ AFX ]
(Times (1832.HK - news) are provisional in HK time and GMT time in brackets; * denotes new entry; # denotes results cover; N/A denotes Not Applicable) FRIDAY, JULY 3 ++ ECON/MEDIA ++ - 1130 (0330) MasterCard Worldwide Economic Outlook briefing. 7/F, Conrad Hotel. ++ NEW LISTINGS ++ - China Qinfa Group trading debut.

UPDATE 2-LDK Solar Q2 rev forecast disappoints, shares slide - Fri 03 Jul, 12:06 AM [ AFX ]
LOS ANGELES, July 2 (Reuters) - China's LDK Solar on Thursday forecast disappointing second-quarter revenue as persistently weak demand and a global glut exert pressure on prices, sending its shares down more than 3 percent.

UPDATE 2-Private equity slams proposed banking rules - Fri 03 Jul, 12:03 AM [ AFX ]
By Megan Davies NEW YORK, July 2 (Reuters) - Private equity investment in troubled banks will be deterred and curbed by stringent guidelines proposed by U.S. bank regulators, executives and an industry body said on Thursday.

UPDATE 1-IMF, Pakistan officials to meet for program review - Thu 02 Jul, 11:56 PM [ AFX ]
WASHINGTON, July 2 (Reuters) - An International Monetary Fund mission will meet with Pakistan officials this weekend to discuss the country's performance under its $7.6 billion IMF program, an IMF spokeswoman said on Thursday.

Wall St Week Ahead: Earnings to set tone for stocks - Thu 02 Jul, 11:52 PM [ AFX ]
By Leah Schnurr NEW YORK, July 2 (Reuters) - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.

UPDATE 1-Citigroup, Relativity agree to dismiss litigation - Thu 02 Jul, 11:21 PM [ AFX ]
LOS ANGELES, July 2 (Reuters) - Citigroup Inc (NYSE: C - news) and film financing company Relativity Media said on Thursday they have agreed to dismiss pending breach of contract lawsuits filed against each other in November 2008 related to a 1997 film funding deal involving Sony Corp Sony Pictures. 'Citigroup Global Markets Inc and Relativity Media LLC today announced they have mutually agreed to dismiss with prejudice the pending litigations between the parties in New York and California.

 
Dow Jones High/Low - July 2 - Thu 02 Jul, 11:03 PM [ AFX ]
BRIEF-Continental Airlines in note purchase deal -filing - Thu 02 Jul, 10:58 PM [ AFX ]
BRIEF-AirTran files for shelf - Thu 02 Jul, 10:58 PM [ AFX ]
Lockheed gets $442 mln Navy F-35 contract - Thu 02 Jul, 10:46 PM [ AFX ]
BRIEF-Velocity Express gets notice of default - Thu 02 Jul, 10:40 PM [ AFX ]
 
FACTBOX-U.S. bank failures in 2009 - Thu 02 Jul, 10:32 PM [ AFX ]
BRIEF-CI Financial reports long-term fund sales - Thu 02 Jul, 10:26 PM [ AFX ]
BRIEF-MathStar asks shareholders to reject Tiberius Capital's revised offer - Thu 02 Jul, 10:23 PM [ AFX ]
PRESS DIGEST-Australian Business News - July 3 - Thu 02 Jul, 10:22 PM [ AFX ]
BRIEF-Middleburg reduces dividend -filing - Thu 02 Jul, 10:15 PM [ AFX ]
 
TABLE-Recent Australian economic statistics - Thu 02 Jul, 10:15 PM [ AFX ]
UPDATE 1-U.S. Fed balance sheet shrinks below $2 trillion - Thu 02 Jul, 10:14 PM [ AFX ]
BRIEF-Southwest Water says Nasdaq extends 10-Q deadline - Thu 02 Jul, 10:04 PM [ AFX ]
UPDATE 1-MySpace suicide conviction tentatively dismissed - Thu 02 Jul, 10:03 PM [ AFX ]
Delaware judge to weigh Emulex investor lawsuit - Thu 02 Jul, 09:58 PM [ AFX ]
 
US Cash Crude-Grades little changed as futures fall - Thu 02 Jul, 09:55 PM [ AFX ]
UPDATE 1-U.S. marshals seize Madoffs' luxury apartment - Thu 02 Jul, 09:51 PM [ AFX ]
SNC-Lavalin invests $70 mln for U.S. power plant stake - Thu 02 Jul, 09:40 PM [ AFX ]
BRIEF-I.D Systems adopts limited duration shareholder rights plan - Thu 02 Jul, 09:35 PM [ AFX ]
IPO VIEW-Last U.S. IPO in Q2 helps sustain momentum - Thu 02 Jul, 09:29 PM [ AFX ]
 
BRIEF-GM sale hearing ends, judge gives no indication of decision timing - Thu 02 Jul, 09:25 PM [ AFX ]
BRIEF-Omega Healthcare announces $200 mln credit facility - Thu 02 Jul, 09:24 PM [ AFX ]
UPDATE 1-Warren Buffett donates $1.5 bln Berkshire shares - Thu 02 Jul, 09:12 PM [ AFX ]
BAIC to unveil better nonbinding Opel offer--paper - Thu 02 Jul, 09:08 PM [ AFX ]
US home prices seen down over 40 percent--Barclays - Thu 02 Jul, 09:04 PM [ AFX ]
 
WRAPUP 4-US job losses spike in June, dampen recovery hopes - Thu 02 Jul, 08:56 PM [ AFX ]
BRIEF-FDIC guidance will deter investment - PEC - Thu 02 Jul, 08:50 PM [ AFX ]
UPDATE 1-Obama, Russia PM Putin may discuss reserve currencies - Thu 02 Jul, 08:47 PM [ AFX ]
BRIEF-U.S. Justice Dept says joined lawsuit against SAIC - Thu 02 Jul, 08:47 PM [ AFX ]
BRIEF- SemGroup Energy reports Q4 results - Thu 02 Jul, 08:35 PM [ AFX ]
 
BRIEF-Moody's cuts Momentum Capital Fund notes ratings - Thu 02 Jul, 08:18 PM [ AFX ]
COLUMN-When derivatives go bad: Matthew Goldstein - Thu 02 Jul, 08:15 PM [ AFX ]
BRIEF-Iowa Telecom to buy New Ulm's minority interests in SHAL and En-Tel - Thu 02 Jul, 07:49 PM [ AFX ]
UPDATE 2-Cash-strapped California sets interest rate on 'IOUs' - Thu 02 Jul, 07:48 PM [ AFX ]
Thousands of Irish electricians to strike over pay - Thu 02 Jul, 07:36 PM [ AFX ]
 
Oracle plans to lay off up to 1,000 in Europe-AFP - Thu 02 Jul, 07:27 PM [ AFX ]
NY thieves want iPhones, victims are fighting back - Thu 02 Jul, 07:26 PM [ AFX ]
UPDATE 2-Japan finds first case of H1N1 resistant to Tamiflu - Thu 02 Jul, 07:24 PM [ AFX ]
Obama, Russia PM Putin may discuss reserve currencies - Thu 02 Jul, 07:13 PM [ AFX ]
BRIEF-Moody's comments on Affinity Group bank amendment - Thu 02 Jul, 07:06 PM [ AFX ]

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