MONEY: China Slashes Rare Earth Exports AGAIN By 35%

December 30, 2010
By CMAC

Jobless claims lowest in more than two years

Reuters – 1 hr 24 mins ago WASHINGTON (Reuters) – New claims for unemployment benefits dropped more than expected last week to their lowest level in more than two years, suggesting the labor market recovery was gaining strength. Full Story »

  • China defends rare earth quotas as in line with WTO

    Reuters – Thu Dec 30, 5:49 am ET

    BEIJING (Reuters) – China defended its export controls on rare earth minerals on Thursday, saying that they were in line with World Trade Organization rules, after a government move to slash export quotas on rare earths sparked trade concerns. Full Story »

Gregory White | Dec. 30, 2010,

Here’s what you need to know:

  • The Carlyle Group has sold a $860 million portion of its position in China Pacific Insurance Group. The firm has made a significant profit on its original investment.
  • Ivory Coast’s crisis worsened overnight with the President’s supporters threatening to take over the base of his opposition on January 1. The UN now says the country, a key cocoa supplier, could be on the brink of genocide.
  • Bonus: Denise Richards was seen leaving a movie theater with her now boyfriend Nikki Sixx, of Motley Crue, last night.

Read more: http://www.businessinsider.com/10-things-december-30-2010-12#ixzz19bxe7Vls

Pinafore Acquisitions Limited Tender Offer for Notes
12/30/2010 10:49AM – Dow Jones Business News

US Mortgage Rates Mostly Rise; 30-Year Fixed At 4.86% -Freddie
12/30/2010 10:44AM – Dow Jones Business News

Groupon Aiming For IPO By End Of 2011 -NYT
12/30/2010 10:34AM – Dow Jones Business News

US Reps Bachus,Hensarling Want Fed To Slow Down On Debit Card Rules
12/30/2010 10:32AM – Dow Jones Business News

Chicago Business Barometer Hits 68.6 In Dec;Highest In 22 Years
12/30/2010 10:27AM – Dow Jones Business News

ECB Nowotny: Some Euro Zone Countries Could Face Further Challenges
12/30/2010 10:26AM – Dow Jones Business News

Swedish Court Decides To Hold Suspected Terrorist
12/30/2010 10:23AM – Dow Jones Business News

IMF Economist Sees Europe Bank Bailouts Likely `Quite Limited’
12/30/2010 10:21AM – Dow Jones Business News

DJ-BTMU Barometer Jumps In Latest Week
12/30/2010 10:14AM – Dow Jones Business News

MARKET SNAPSHOT: U.S. Stocks Drop After Jobless, Manufacturing Data
12/30/2010 10:11AM – Dow Jones Business News

Table Of Data From US Chicago Purchasing Managers’ Report
12/30/2010 10:07AM – Dow Jones Business News

BOND REPORT: Treasurys Slip As End-of-year Approaches
12/30/2010 10:04AM – Dow Jones Business News

LONDON MARKETS: Randgold Resources, Vodafone Lean On FTSE
12/30/2010 10:02AM – Dow Jones Business News

UPDATE: Carrefour Opens First Wholesale Store In India
12/30/2010 9:33AM – Dow Jones Business News

UPDATE: Chile Sept-Nov Unemployment 7.1% Vs 7.6% In Aug-Oct
12/30/2010 9:28AM – Dow Jones Business News

US Online Holiday Sales So Far Rise 13%: ComScore
12/30/2010 9:16AM – Dow Jones Business News

India Cabinet OKs Infusion Of INR12 Billion Equity Into Air India
12/30/2010 9:15AM – Dow Jones Business News

CIT To Redeem $500 Million Of Notes As It Continues Efforts To Cut Debt
12/30/2010 9:09AM – Dow Jones Business News

UPDATE: Airbus 2010 Order Intake At Least 50% Above Initial Forecast
12/30/2010 9:00AM – Dow Jones Business News

DATA SNAP: US Weekly Jobless Claims Hit Lowest Level Since July ’08
12/30/2010 8:45AM – Dow Jones Business News

Capital Shopping Shareholders Trim Stakes Below Simon Offer
12/30/2010 8:37AM – Dow Jones Business News

WPP Digital Buys US Digital Agency Blue State Digital
12/30/2010 8:18AM – Dow Jones Business News

CONSUMER FINANCE: Whether Mom Works Or Not, The Kids Are OK
12/30/2010 8:13AM – Dow Jones Business News

Chile Sept-Nov Unemployment Falls To 7.1% Vs 7.6% In Aug-Oct
12/30/2010 7:25AM – Dow Jones Business News

UK’s John Lewis Says Sales Off To A Strong Start
12/30/2010 7:22AM – Dow Jones Business News

Industrial Cos See Acquisitions As Hedge Against Slower ’11 Growth
12/30/2010 6:44AM – Dow Jones Business News

Denmark Terrorist Attack Suspects To Be Held For A Month
12/30/2010 6:38AM – Dow Jones Business News

Hungary Media Law Should Only Be Criticized On Abuse-Official
12/30/2010 6:14AM – Dow Jones Business News

Holy See Outlines New Rules To Fight Money Laundering, Terrorism
12/30/2010 6:14AM – Dow Jones Business News

Bomb Explodes Near Greek Embassy In Argentina
12/30/2010 6:13AM – Dow Jones Business News

Read more: http://www.nasdaq.com/aspx/market-headlines.aspx#ixzz19byFGTB8

Read more: http://www.businessinsider.com/#ixzz19bxB7ns8

  • WASHINGTON (Reuters) – A two-speed global recovery will extend into 2011, with growth slow in developed countries while emerging-market economies power ahead, the International Monetary Fund’s chief economist predicted on Thursday. Full Story »

  • FTSE opens higher after holiday break

    AFP – Wed Dec 29, 3:47 am ET

    London's leading stocks rose at the start of trading on Wednesday... AFP/File

    LONDON (AFP) – London’s leading stocks rose at the start of trading on Wednesday after the extended festive holiday. Full Story »

  • Spain reins in debt issuance ambitions in 2011

    Reuters – Wed Dec 29, 10:49 am ET

    MADRID (Reuters) – Spain aims to sell far less debt in 2011 than it did in 2010, keeping a lid on new issuance as it looks to balance deficit-reduction goals and a market seeking high returns to invest in peripheral euro zone economies. Full Story »

Read more: http://www.businessinsider.com/#ixzz19bwVJ4wF

Business Slideshows

More Business Slideshows »


  • Share/Bookmark

Leave a Reply

Ads Plugin created by Jake Ruston - Sponsored by Broyhill Furniture.