Selasa, 01 April 2008

THOMSON FINANCIAL NEWS TOP STORIES Macroeconomics 15:30 BST

Tue, Apr 1 2008, 14:45 GMT
http://www.afxnews.com

2008-04-01 15:19:39

Opening Glance: Telecom

NEW YORK (AP) - Shares of most telecommunications service providers climbed

at market open Tuesday along with the broader market as Wall Street rallied on

news that UBS and Lehman Brothers are working to raise cash.

2008-04-01 15:17:26

Opening Glance: IT Services

NEW YORK (AP) - Shares of most information-technology service providers

climbed at market open Friday along with the broader market as Wall Street

rallied on news that UBS and Lehman Brothers are working to raise cash.

2008-04-01 15:16:47

US March ISM manufacturing index 48.6 vs 48.0 expected

WASHINGTON (Thomson Financial) - Manufacturing activity across the US rose

slightly in March but still remained in contraction territory for the second

straight month, according to a key survey out Tuesday.

2008-04-01 15:16:36

Manufacturing sector contracts in March

NEW YORK (AP) - U.S. manufacturing activity is still weakening as orders

continue to erode and prices rise rapidly.

2008-04-01 15:06:32

US February construction spending down 0.3 pct vs 1.1 pct decline expected

WASHINGTON (Thomson Financial) - US construction spending was not as weak as

expected in February, with housing's contraction was smaller and business

construction providing more of an offset to the homebuilding decline.

2008-04-01 15:05:14

Opening Glance: Commercial Banks

NEW YORK (AP) - Shares of commercial banks rose Tuesday morning as Wall

Street rallied on news that Lehman Brothers and UBS are raising cash.

2008-04-01 15:04:20

Opening Glance: Household Durables

NEW YORK (AP) - Shares of household durable companies rose Monday morning as

the broader markets rallied on news from the financial world that two large

banks will raise much-needed cash.

2008-04-01 14:57:25

Hungary PM willing to stand down to maintain coalition govt - report

BUDAPEST (Thomson Financial) - Hungarian Prime Minister Ferenc Gyurcsany is

willing to stand down if his departure is required in order to maintain his

Socialist Party's (MSZP) coalition with its junior partner, the liberal Free

Democrats SZDSZ, index.hu reported.

2008-04-01 14:47:42

Former IMF MD Rato says if credit crunch persists situation could be 'difficult'

MADRID (Thomson Financial) - Former IMF managing director Rodrigo Rato said

that if the current credit crisis is prolonged it could be a "very difficult"

situation.

2008-04-01 14:30:21

Iceland outlook cut to negative as three biggest banks on negative watch - Fitch

MUMBAI (Thomson Financial) - Fitch Ratings cut its outlook for the Republic

to negative from stable following its decision to place the country's three

biggest banks Glitnir Banki hf., Kaupthing Bank hf. and Landsbanki Islands hf.,

on negative watch.

2008-04-01 14:27:08

USOC to remain in Colorado Springs

COLORADO SPRINGS, Colo. (AP) - The U.S. Olympic Committee will keep its

headquarters and training center in Colorado Springs for the next 25 years.

2008-04-01 14:15:34

Czech state budget deficit 13.4 bln crowns end-March vs surplus yr ago

PRAGUE (Thomson Financial) - The Czech state budget swung to a deficit at

the end of March on higher spending on social benefits and higher capital

expenditures, after posting a surplus in the previous year.

2008-04-01 13:40:44

Czech state budget deficit 13.4 bln crowns end-March vs 11.3 bln surplus yr ago

PRAGUE (Thomson Financial) - The Czech state budget showed a 13.4 billion

Czech crown deficit at the end of March, compared to a 11.3 billion crown

surplus a year ago, figures released by the finance ministry showed today.

2008-04-01 13:39:51

UK's Brown calls for better disclosure from banks, international regulation

LONDON (Thomson Financial) - The United Kingdom's Prime Minister, Gordon

Brown, on Tuesday called for a better standard of financial disclosure from

banks as well as greater cooperation on regulatory matters between countries.

2008-04-01 12:49:05

ECB's Noyer says banks must be assured they can find liquidity

PRAGUE (Thomson Financial) - European Central Bank (ECB) Governing Council

member Christian Noyer said banks are uncertain they have sufficient liquidity

capacity and should be assured they can find liquidity on the market or from the

ECB.

2008-04-01 12:27:16

Thai inflation eases to 5.3 percent in March

BANGKOK (Thomson Financial) - Thailand's inflation rate in March eased to

5.3 percent, after reaching a 19-month high in February due to soaring prices

for fuel and food, the commerce ministry said Tuesday.

2008-04-01 12:21:16

Ahead of the Bell: Manufacturing index

WASHINGTON (AP) - Wall Street economists expect a nationwide survey to be

released Tuesday will show that the U.S. manufacturing sector declined in March

for the second consecutive month.

2008-04-01 12:11:42

India's export sector to face tough 2008 - Moody's Economy.com

MUMBAI (Thomson Financial) - Moody's Economy.com said Indian exporters will

have a tougher year in 2008, as decelerating global demand, particularly from

the U.S. -- India's largest export market -- will temper outbound shipments.

2008-04-01 12:02:11

IMF cuts global GDP growth forecast, slashes U.S. outlook to 0.5 pct - report

FRANKFURT (Thomson Financial) - The International Monetary Fund has lowered

its global economic growth outlook for this year from a previous forecast of 4.1

percent and has slashed its forecast for the United States to 0.5 percent from

1.5 percent, Die Zeit reported, citing an draft copy of the fund's global

economic outlook it obtained.

2008-04-01 11:59:28

Indonesia's higher-than-expected March inflation means BI to keep rate unchanged

JAKARTA (Thomson Financial) - Indonesia's higher-than-expected consumer

inflation rate in March means the central bank will most likely keep its

benchmark BI rate unchanged in the next few months, Bank Internasional Indonesia

(BII) economist Juniman said Tuesday.

2008-04-01 11:57:30

UK interbank lending rates mostly lower

LONDON (Thomson Financial) - The rates at which banks lend to each other in

the United Kingdom were lower on maturities up to the four-month term, as

companies' end-of-quarter liquidity crunch eased from yesterday.

2008-04-01 11:42:34

Ahead of the Bell: Construction Spending

WASHINGTON (AP) - A government report due Tuesday is forecast to show that

construction activity fell 1.1 percent in January as the slowing economy caused

more building to be put on hold.

2008-04-01 11:39:08

England, Wales house prices flat in February from January - Land Registry

LONDON (Thomson Financial) - House prices in England and Wales were

unchanged in February from January after a 0.6 percent rise the previous month,

data from the Land Registry showed.

2008-04-01 11:34:55

Italian March car registrations seen posting sharp drop - research institute

MILAN (Thomson Financial) - Italian car registrations are expected to have

suffered a sharp drop in March according to the Centro Studi Promotor research

institute specialized in the auto business.

2008-04-01 11:23:15

Ahead of the Bell: Oil Hearing

WASHINGTON (AP) - Executives from the world's largest oil companies are

scheduled to appear on Capitol Hill Tuesday to tell lawmakers about the recent

surge in petroleum product prices, their own record profits and initiatives to

combat global warming.

2008-04-01 11:20:08

Polish CPI will reach its peak in June or July at around 5 pct -Finance Ministry

WARSAW (Thomson Financial) - Polish inflation will reach its peak of around

5.0 percent in June or July, while the average inflation should come in at

around 4.5 pct this year, Stanislaw Gomulka, the deputy finance minister said

today.

2008-04-01 11:17:20

France ratings affirmed, outlook stable -- S&P

LONDON (Thomson Financial) - Standard & Poor's Rating Services has affirmed

its 'AAA' long-term and 'A-1+' short-term sovereign credit ratings on the

Republic of France.

2008-04-01 11:16:42

Bank of Spain sees GDP growth of 2.4 pct in 2008, declining to 2.1 pct in 2009

MADRID (Thomson Financial) - The Bank of Spain said it sees GDP growing at a

rate of 2.4 pct in 2008, declining to 2.1 pct in 2009, due mainly to a slowdown

in domestic demand and more moderate consumer spending.

2008-04-01 11:01:12

German March unadjusted jobless 3.507 mln, down 110,000 from Feb

NUREMBERG, Germany (Thomson Financial) - The number of jobless people in

Germany in March fell by an unadjusted figure of around 110,000 to 3.057 million

from 3.167 million in February, the Labour Office said.

2008-04-01 11:00:58

Germany's Glos says past labour market reforms 'bear fruits'

BERLIN (Thomson Financial) - German Economy Minister Michael Glos said the

former labour market reforms are "bearing fruits", after the labour office today

reported that the number of registered jobless people in March decreased to

3.507 million, 617,000 less than last year.

2008-04-01 10:44:11

UK corporate profitability marks record high in Q4 despite market turmoil

LONDON (Thomson Financial) - UK companies saw profit returns increase

further to record levels in the fourth quarter, defying expectations that the

worsening financial crisis and higher costs would impact their profitability,

official figures showed.

2008-04-01 10:27:07

High iron ore price to eliminate inefficient China steelmakers--state planner

BEIJING (XFN-ASIA) - China should take advantage of the increased price of

iron ore to eliminate smaller, dirtier and less efficient steel producers, said

Jia Yinsong, an inspector with the economic operations bureau of the National

Development and Reform Commission.

2008-04-01 10:26:46

Austria March jobless claims down 11.5 pct yr-on-yr

VIENNA (Thomson Financial) - The number of unemployed people seeking work in

Austria stood at 210,456 at the end of March, down 11.5 percent year-on-year,

Austrian press agency APA reported citing minister for the economy Martin

Bartenstein.

2008-04-01 10:23:32

Polish central bank voted 9-1 to raise rates by 25 basis points in Jan

WARSAW (Thomson Financial) - Poland's central bank voted 9-1 in favour of

the 25 basis point interest rate rise in January, with dovish monetary policy

council member Miroslaw Pietrewicz the only one to oppose the move, voting

results published today in a government publication showed.

2008-04-01 10:16:38

European govt bonds lower as rise in financial stocks improves risk appetite

LONDON (Thomson Financial) - European government bonds were lower, tracking

overnight moves in US and Japanese markets, as rising bank stocks helped

investors recover some risk appetite.

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