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Central bank raises benchmark rate to 14 percent Thanh Nien Daily - 5 hours ago The State Bank of Vietnam (SBV) said Tuesday it has raised the benchmark rate by 2 percent to 14 percent per year to battle the accelerating inflation, which reached 25.2 percent in May. European Bank Risks Rise From 6 Months Ago, ECB Says (Update1) Bloomberg ECB says financial risk increased Forbes Reuters - Telegraph.co.uk - Forbes - Reuters all 162 news articles

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The Southern Ledger

Dollar keeps gains on Fed rate outlook guardian.co.uk - 1 hour ago By Satomi Noguchi TOKYO, June 11 (Reuters) - The dollar held near a 3-1/2-month high against the yen on Wednesday after more Fed officials talked tougher on inflation and boosted expectations for US interest rates to rise this year. Forex - US dollar consolidates at higher levels in Sydney morning … Forbes Dollar steady amid rate rise speculation Inquirer.net Reuters - MarketWatch - NPR - GulfNews all 1,385 news articles

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KCBY.com 11

Senate fails to slap new taxes on Big Oil's profits Minneapolis Star Tribune - 1 hour ago Democrats wanted a 25% tax on "unreasonable" profits, but Republicans said it would do nothing to help consumers. Senate Republicans Tuesday blocked a proposal to tax the windfall profits of the nation's biggest oil companies and eliminate some of the … Energy Bills Die in Congress ToTheCenter.com Tennessee: Republicans block bill taxing windfall oil profits Chattanooga Times Free Press San Francisco Chronicle - KHON2 - WebCPA - Environment News Service all 1,268 news articles

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ChattahBox

Tomato growers worry salmonella will halt sales BusinessWeek - 5 hours ago By GARANCE BURKE As tomatoes blush a deep red in farms and gardens throughout the country this week, growers are panicking that a 17-state salmonella outbreak linked to raw tomatoes could shrivel up their summer market. Tossing tomatoes: Regulators, sellers wasted no time curbing … Seattle Times Red scare intensifies Boston Herald Washington Post - Los Angeles Times - Berkshire Eagle - Muncie Star Press all 2,155 news articles

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Maktoob Business (press release)

Kerkorian's Ford Tender A Puzzling Move BusinessWeek - 1 hour ago Kirk Kerkorian’s Tracinda Corp. says that more than one billion shares of Ford’s common stock were offered as a result of the finacier’s tender of $8.50 a share. Kerkorkian Tries To Jumpstart Ford Forbes Investors Rush to Tracinda's Ford Tender Wall Street Journal New York Times - Reuters - MarketWatch - Edmunds.com/Inside Line all 353 news articles

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Bank of America Sells Its Equity Brokerage New York Times - 1 hour ago By ERIC DASH Bank of America is selling its prime brokerage operation to BNP Paribas for around $300 million after a six-month bidding process, according to people briefed on the deal. Bank of America Sells Prime Brokerage to BNP Paribas (Update1) Bloomberg French bank to buy BofA's prime brokerage BusinessWeek Reuters - BBC News - Wall Street Journal - Forbes all 46 news articles

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HispanicBusiness.com

RPT-GLOBAL MARKETS-Asia stocks slide to 2-month low, bonds down Reuters - 2 hours ago By Kevin Plumberg HONG KONG, June 11 (Reuters) - Asian stocks slipped to a two-month low on Wednesday, with oil prices at $131 a barrel keeping fears about inflation and higher borrowing costs at the forefront of investors' minds. Stocks mostly fall amid Fed, oil concerns MarketWatch Slow Crawl After Tough Talk On Inflation Forbes CNNMoney.com - NPR - Inquirer.net - Nightly Business Report all 1,446 news articles

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Earthtimes (press release)

HK shares expected to extend losses on US, China Reuters - 3 hours ago HONG KONG, June 11 (Reuters) - Hong Kong shares are expected to open lower on Wednesday, extending the previous day's sharp losses, as investors remain cautious about the state of the world's largest economy following the Fed's hawkish signal on … The Great Leap Downward Newsweek Shanghai leads Asian share fall BBC News Forbes - Wall Street Journal - Interactive Investor - Moneycontrol.com all 161 news articles

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KCBY.com 11

Yahoo shareholders push for trial before meeting MarketWatch - 2 hours ago By John Letzing, MarketWatch SAN FRANCISCO (MarketWatch) — Shareholders suing Yahoo Inc. for its alleged botched handling of Microsoft Corp. UPDATE: Icahn: Yahoo Has 'Sunk To A New Low' CNNMoney.com Yahoo may face early shareholder trial Economic Times The Associated Press - Bizjournals.com - San Jose Mercury News - TheStreet.com all 629 news articles

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Turkish Press

Shares seen lower on US inflation concerns Inquirer.net - 1 hour ago MANILA, Philippines — Shares are expected to open lower Wednesday, tracking Wall Street's mixed finish as Federal Reserve chairman Ben Bernanke's gloomy inflation outlook outweighed crude oil's retreat from recent record prices. Stocks mostly fall amid Fed, oil concerns MarketWatch Slow Crawl After Tough Talk On Inflation Forbes GulfNews - CNBC - CNNMoney.com - guardian.co.uk all 1,379 news articles

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