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Suncorp's Covered Bond Guidance Around Swap +140 Bps - Source5/29/2012 12:48 AM
Price discussion on an inaugural covered bond issue planned by Australian regional lender Suncorp Group Ltd. (SUN.AU) is around 140 basis points over swap, said a person familiar with the matter.
QR National CEO Says Resources Growth Fundamentals Still Intact5/29/2012 12:15 AM
Recent sharp falls in thermal coal prices and worries about the global economy won't derail the longer term demand for Australian resources, QR National Ltd. (QRN.AU) Chief Executive Lance Hockridge said Tuesday.
Dart Energy Defers International Asset IPO5/28/2012 11:24 PM
Coal seam gas producer Dart Energy Ltd. (DTE.AU) said Tuesday it has deferred listing its international assets on the Singapore Stock Exchange due to weak equities markets and a steep fall in its share price.
Lone Star: May File Arbitration Claim On KEB, Other Investments5/28/2012 11:18 PM
Dallas-based Lone Star Funds said it may pursue international arbitration over its claim that it suffered damages while trying to dispose of its Korea investments in recent years should it prove unable to resolve the issue "amicably" with the Seoul government.
China Shenhua Energy: Received Approval To Build Coal-Loading Berths In Northeast5/28/2012 10:18 PM
China Shenhua Energy Co. (1088.HK) said Tuesday that it has received approval from the National Development and Reform Commission to build three coal-loading berths in northeastern China with an investment of CNY3.82 billion yuan ($602 million).
CLSA's China Venture: To Start Offering New Securities Services In China Soon5/28/2012 10:16 PM
Fortune CLSA Securities Ltd. said Monday it will soon start offering securities broking services in China's Yangtze River Delta region and providing Chinese-language research and investment advice to Chinese clients, after China's securities regulator granted it the necessary new business permits on May 21.
Lone Star Notifies S Korea Of Intent To File Arbitration Claim On KEB, Other Investments5/28/2012 9:40 PM
Dallas-based Lone Star Funds has said it may pursue international arbitration over its claim that it suffered damages in its efforts to sell out of its Korea investments should it prove unable to resolve the issue "amicably" with the Seoul government.
Brazil Public Ministry Seeks Halt At Vale Nickel Mine5/28/2012 5:12 PM
Brazil's federal public ministry in Para state has filed legal action demanding that operations be halted at Onca Puma, a nickel mine in the northern Brazilian state owned and operated by Vale SA (VALE, VALE5.BR).
Argentina To Vet Mining Companies' Imports, Require More Local Buying5/28/2012 4:10 PM
Mining companies with operations in Argentina will be required to submit requests to the government 120 days before importing goods and set up an "import substitution" department to boost buying of locally made goods, the planning ministry said in a statement Monday.
Peru's Velarde: New European Concerns Could Be 'Blessing In Disguise'5/28/2012 2:57 PM
New concerns surrounding Europe's economic crisis could be a "blessing in disguise," prompting policy makers to move more quickly toward a resolution, the president of the Central Reserve Bank of Peru, Julio Velarde, said Monday.

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U.S. News Headlines - Yahoo! News
Obama calls treatment of Vietnam War veterans "a disgrace"5/28/2012 4:18 PM

Obama is applauded by Linnington as he begins his remarks at the Memorial Day observance at Arlington National Cemetery in Arlington, VirginiaWASHINGTON (Reuters) - President Barack Obama called the treatment decades ago of returning Vietnam War veterans a "national shame" on Monday and promised as commander-in-chief not to send U.S. troops back into harm's way without a clear mission and strategy. Obama did not mention rising tensions with Iran and Syria or other potential threats in his remarks to veterans and military families on a hot, sunny Memorial Day, focusing instead on the legacy of Vietnam and his own efforts to wind down the Iraq and Afghanistan wars started by his predecessor, George W. Bush. ...


Spring revival for America's housing market5/28/2012 1:18 PM

To match Feature USA-HOUSING/RECOVERYNEW YORK (Reuters) - Kate Carpenter and her husband waited for two years before sensing the time was right to look to buy a home in the suburbs of New York. "This is the first time homes are at an affordable point," said the freelance writer, 35. She hopes to move her two young daughters out of their rented New York City apartment soon, taking advantage of record low mortgage rates and signs the slump is over. Six years after the housing market began its slide, dragging the U.S. ...


Wounded war veterans find brotherhood in softball5/27/2012 10:06 PM

Wounded Warrior Amputee Softball Team members sign a ball glove in Binghamton, New YorkCOOPERSTOWN, New York (Reuters) - When Saul Bosquez, a 27-year-old U.S. Army veteran who lost part of his left leg in Iraq, stepped up to the plate during a softball game this Memorial Day weekend, he knew he needed a big hit. Bosquez, who plays with the Wounded Warrior Amputee Softball Team and wears a prosthetic leg below his left knee, said the hot weather on Sunday in Cooperstown - home to the Baseball Hall of Fame - was making it harder than usual for him to run the bases. Luckily, the ball soared over the outfielders' heads, and Bosquez made it safely to third. ...


New Mexico historic sites at risk in forest fire5/28/2012 2:46 PM

NASA handout satellite photo of wildfires in New MexicoSANTA FE, New Mexico (Reuters) - Firefighters in New Mexico were working on Monday to protect several Depression-era landmarks from a blaze burning through the rugged high country of the Gila National Forest, fire officials said. The so-called Whitewater-Baldy Complex fire, which destroyed a dozen privately owned cabins at the height of its rampage last week, has burned 122,388 acres of timber since it was ignited by lightning on May 16, fire officials said. "We did not increase the acreage because the fire burned on the interior yesterday. ...


Beryl cuts soggy path across U.S. southeast5/28/2012 4:24 PM
ATLANTA (Reuters) - Tropical Storm Beryl cut a soggy path across the U.S. southeast on Monday after swirling ashore in Florida at near hurricane strength. The second named storm of the 2012 Atlantic hurricane season lashed the East Coast from north Florida to southern parts of North Carolina, and created a risk of flooding inland, even after it was downgraded to a tropical depression late Monday morning. ...
Miami witness describes horror of cannibalistic attack5/28/2012 2:27 PM
MIAMI (Reuters) - A Miami man on Monday described how he watched in horror after spotting a naked man gnawing away at the face and neck of another man in a ghoulish attack on a highway ramp in downtown Miami. "He was ripping into his face with his teeth," Larry Vega said of the attacker. "He was ripping his skin, his neck. He had him held down. The guy couldn't move really, and he was just tearing into his flesh," Vega told WSVN TV in Miami about Saturday's attack. ...
Fallout from Dewey collapse hits clients5/28/2012 12:40 PM
NEW YORK (Reuters) - For eight years, hundreds of victims of militant attacks in Israel have pursued litigation against a Jordanian bank they claim provided financial services to Hamas and other militant groups. Now the plaintiffs have a new legal hurdle to overcome: the collapse of law firm Dewey & LeBoeuf. A group of lawyers from the New York-based law firm represent Arab Bank Group, the defendant in the suit. Now, with Dewey on the verge of shuttering and those lawyers scattering, U.S. ...
Golden Gate Bridge marks 75 years since opening against steep odds5/27/2012 6:05 AM

A view of the Golden Gate Bridge after a fireworks show during the 75th anniversary celebration of the iconic span in San FranciscoSAN FRANCISCO (Reuters) - The Golden Gate Bridge was a larger than life engineering project undertaken against dangerous odds and it opened 75 years ago on Sunday against vehement protest, at the cost of 11 lives. One of the most astonishing and admired man-made wonders of the world, gracing millions of postcards, featured in countless films, the bridge was not at first welcomed with open arms. Ferry operators and environmentalists opposed it, and many engineers doubted such a daring leap over a treacherous Pacific Ocean strait could be built. ...


Two years after BP oil spill, tourists back in Gulf Coast5/27/2012 11:11 AM
NEW ORLEANS (Reuters) - The Gulf Coast is a hot destination again two years after the massive BP Plc oil spill made the region a tourist dead zone, with the petroleum giant pumping more than $150 million into promotions to help the region recover. In New Orleans, about 150 miles northeast of where BP's well blew up on April 20, 2010, the period since more than 4 million barrels of oil gushed into the Gulf of Mexico has seen a frenzy of tourism efforts. ...
Manhunt launched for two murder suspects in Arkansas jail break5/28/2012 2:35 PM
(Reuters) - Authorities in southwestern Arkansas have launched a manhunt for two murder suspects who escaped from jail before dawn on Monday by cutting through the window bars of their second-story cell with a hacksaw, sheriff's officials said. After removing the bars and smashing through a pane of glass, the two men then shoved mattresses through the window and climbed out of the Miller County Sheriff's Detention Center in Texarkana, Arkansas, spokeswoman Vanessa Schaeffer said. "They pushed through mattresses to soften their drop to the ground," Schaeffer said. ...

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