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Santos Delays Henry Gas Project as Vessel Unavailable (Update2)

Published January 7, 2009, 10:22 pm, Bloomberg

Jan. 8 (Bloomberg) -- Santos Ltd. , Australia's third-biggest oil and gas producer, will delay the start of the A$275 million ($196 million) Henry gas project off the southeast coast because of the unavailability of a vessel to install a pipeline.

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Lyondell gets access to $2 bln in bankruptcy loans

Published January 7, 2009, 10:21 pm, The Forex Market

NEW YORK, Jan 8 (Reuters) - Lyondell Chemical Co received bankruptcy court approval on Thursday to access $2.167 billion in interim debtor-in-possession financing in order to fund itself during its bankruptcy.

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South Africa Dec Net International Reserves Up $879M On Month

Published January 7, 2009, 10:21 pm, The Forex Market

JOHANNESBURG (Dow Jones)--The South African Reserve Bank's net international liquidity position increased by $879 million on the month to $33.46 billion in December, data published Thursday by the central bank showed.

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UPDATE 2-S.Korea's president demands preemptive econ measures

Published January 7, 2009, 10:21 pm, The Forex Market

SEOUL, Jan 8 (Reuters) - South Korea's president on Thursday ordered officials to take pre-emptive steps to counter what he called a state of national economic emergency as fresh forecasts and data deepened gloom over Asia's fourth-largest economy.

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DIARY - Economic Indicators in Germany from January 8

Published January 7, 2009, 10:21 pm, The Forex Market

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UPDATE 2-BOJ can do more to stabilise markets-Shirakawa

Published January 7, 2009, 10:20 pm, The Forex Market

TOKYO, Jan 8 (Reuters) - Bank of Japan Governor Masaaki Shirakawa said on Thursday that the bank could still do more to stabilise financial markets though its move to buy commercial paper was already helping improve CP issuance conditions.

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Consortium wins £4m contract to run 'polyclinic'

Published January 7, 2009, 10:08 pm, Guardian Unlimited

A consortium including the head of the British Medical Association has won a £4m contract to run one of the government's easy-access polyclinics that doctors vociferously campaigned against last year, the Guardian can reveal. Dr Hamish Meldrum, the BMA chairman, set up a joint venture with partners in four GP practices in Bridlington, east Yorkshire, to bid for a five-year contract to ...

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MGM Mirage, Dubai Scrap CityCenter’s Harmon Condos (Update3)

Published January 7, 2009, 10:06 pm, Bloomberg

Jan. 7 (Bloomberg) -- MGM Mirage and Dubai World postponed the opening of one hotel and canceled a condominium development at their CityCenter construction on the Las Vegas Strip to trim costs and “maximize” returns in a declining 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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Thai Easy Buy plans up to 5 bln baht in bonds

Published January 7, 2009, 9:50 pm, The Forex Market

BANGKOK, Jan 8 (Reuters) - Unlisted Thai consumer finance firm Easy Buy PCL plans to sell up to 5 billion baht ($144 million) of three-year bonds to refinance debt and for working capital, according to a filing with the Securities and Exchange Commission.

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