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China Stocks Drop Most in 2 Weeks; Sinopec, Bank of China Fall

Published January 7, 2009, 10:10 pm, Bloomberg

Jan. 8 (Bloomberg) -- China’s stocks fell the most in more than two weeks, led by energy and financial companies, after oil prices slumped and billionaire Li Ka-shing sold Hong Kong-traded shares of Bank of China Ltd.

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SHLACHTER, PEROTIN, FUQUAY & CO.

Published January 7, 2009, 10:08 pm, Fort Worth Star-Telegram

Aubrey McClendon will use $75 million in incentive pay to buy a stake in wells.

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Table A

Published January 7, 2009, 10:07 pm, Business Standard India

Within days of the “first” fiscal stimulus of December 7, 2008 there was mounting agitation for a second fiscal stimulus, fuelled by reports of a rapidly slowing economy and, perhaps, the swiftly spreading international fashion for massive fiscal stimuli (you could call it “Keynes unbound”!).

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INDICATORS - Kazakhstan - January 8

Published January 7, 2009, 10:05 pm, The Forex Market

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UPDATE 1-China sees imports at 60 pct of oil use by 2020

Published January 7, 2009, 10:05 pm, The Forex Market

BEIJING, Jan 8 (Reuters) - China will become increasingly reliant on imports for its growing oil demand as domestic production sees no big breakthrough in the years ahead, according to a report published by the Ministry of Land and Resources.

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Australia, New Zealand Dollars Drop on Commodities, U.S. Jobs

Published January 7, 2009, 10:05 pm, Bloomberg

Jan. 8 (Bloomberg) -- The Australian and New Zealand currencies fell, snapping three days of gains versus the U.S. dollar, as prices of commodities that make up more than half the nations’ exports declined the most in three months.

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DAILY EXPRESS NEWS

Published January 7, 2009, 10:03 pm, Sabah Daily Express

Kuala Lumpur : The international reserves of Bank Negara Malaysia amounted to RM316.8 billion (US$91.4 billion) as at Dec 31, 2008.

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SEC filing hints of layoffs at Google

Published January 7, 2009, 10:02 pm, Daily Breeze

Google Inc. has jettisoned a substantial number of temporary workers in a recent austerity drive spurred by the recession, although the Internet search leader still intends to spend billions on research, development and acquisitions.

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Stafford, Moreno make decision to leave Bulldogs for NFL

Published January 7, 2009, 10:01 pm, Macon Telegraph

ATHENS — Matthew Stafford stepped out of Georgia’s locker room with his cell phone pressed against his ear and the nameplate from his locker in his hand just minutes after breaking the news that his career with the Bulldogs was over.

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Raju confesses to fraud, quits

Published January 7, 2009, 10:00 pm, Business Standard India

Disclosure after DSP Merrill Lynch discovers irregularities; Company sets up SWAT team. In one of the darkest days in India’s corporate history, Satyam Computer Services Founder and Chairman B Ramalinga Raju resigned after saying he falsified earnings and assets.

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