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Tuesday, July 7, 2009

China Imposes Curfew In Urumqui

Curfew in Urumqui implement after the second straight day of ethnic violence. (Asia Confidential)

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Second U.S Stimulus Package

Since the stimulus package becomes a law, the U.S has lost more than 2.2 million jobs and the state still faces the $166 billion budget gap. (Asia Confidential)

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Hedge Fund Is About To Close

John Meriwether that ran the long term capital hedge Fund now plans to shut down. (The Bloomberg Edge)

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President Yudhoyono Is Expected To Win Again

Indonesian President Yudhoyono scores his highest approval rating in recent months, he also help his country to slow inflation to avoid recession. (The Bloomberg Edge)

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China Growth Forecasts

Chinese stocks affect by stronger investment, increase household demand and through stabilizing exports. (The Bloomberg Edge)

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Australian Consumer Confidence Report Released Today

The consumer sentiment jumps to 19 months high in July and businesses expect the worst annual profit result in two decade. (The Trade)

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Indonesia Stocks Had Double Its Market Value

Indonesian stocks are the world's third best performing market. (The Trade)

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G-8 Summit Starts Today In Italy

The group of eight meeting will focus on the Bank of England for the U.K Central Bank to expand. (The Trade)

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China Expands Yuan Settlement

China expands its agreement to its largest cities including Shanghai, Guangzhou and Hong Kong. (The Trade)

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Indonesia's Government Debt

Credit default swap in Indonesia starts to fall and the investors think that Indonesian government is less likely to default on its debt. (The Trade)

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Yudhoyono's Popularity Rises

The latest polls say that the incumbent will win a second term and his popularity reaches about 80%. (The Trade)http://syndicaster.tv/images/create_clip.gif submit

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Increase Demand On Aluminum

Alcoa CEO says that aluminum starts to recover in China and U.S. (The Trade)

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Australian Stock Market Is On Disaster

Australia's stock market is the worst performer that has virtually erased this year entire gains. (The Trade)

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Best Economic Data Sends The Nikkei Down

Nikkei is down for the six straight day and machine orders are down by 3%, it is extending 22 years low for machinery orders for the sixth straight month. (The Trade)

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Marlon's Bittersweet Tribute

Fighting back tears, Marlon Jackson appeared with the rest of his family at the Staples Center memorial tribute concert for Michael.

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Grassroots Ready To Fight For Health Care

As the debate over health care heats up, the liberal grassroots are mobilizing to ensure a public option is part of the deal.

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Sector Focus - Steel

Analysis and Discussion with Marc Parr of Keybanc Capital Markets (Taking Stock)

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Sector Focus - REITs

Commercial Real Estate Outlook - Analysis and Discussion with Anthony Paolone of JPMorgan Chase & Co. (Taking Stock)

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Market Outlook - Golden Cross vs. Death Cross

Analysis and Discussion with Rick Bensignor of Execution LLC (Taking Stock)

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In-Depth Look - iPhone on the Cheap

Apple iPhone 3GS Offers Bargain Price of $99 (Bloomberg News)

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Sector to Watch - Health Insurance

Health Insurers Rise - According to Rahm Emanuel, Government-Run Insurers Not a Must-Have (Bloomberg News)

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Market Close 7.7

S&P and Dow Each Fall Around 2%; Nasdaq Falls 2.3%; Industrials, Info Tech, and Energy Worst Performers of the Day; AIG Shares Fall 15% After Reverse Split (Bloomberg News)

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LAPD Braces For M.J. Memorial

Chief William Bratton is unsure of just how many people will show up to Michael Jackson's memorial, but tells Maggie Rodriguez that the LAPD is ready.

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M.J.'s Father And Childhood

Michael Jackson's tumultuous relationship with his father, Joe, was no secret. Ben Tracy takes a look at the superstar and his dad in good times and bad.

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Preview - Alcoa 2Q Earnings Due Tomorrow

Ahead of Tomorrow's Earnings, Alcoa Shares Rising Today After CEO Comments on Bloomberg Television About Recovering Aluminum Sales in China and U.S. (Bloomberg News)

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Flying Upside Down- Preparing for Takeoff- Part 2



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Spotlight - BP Capital

U.S. Energy Independence - Interview with BP Chairman/CEO Boone Pickens (Bloomberg News)

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Flying Upside Down- Preparing for Takeoff- Part 1



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Inside Look - Ending Global Warming

Interview with Sen. James Inhofe (R) of Oklahoma, Ranking Republican on Senate Environment Committee (Bloomberg News)

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Obama In Russia

Seeking a strong and peaceful relationship with Russia, President Obama is especially pleased with the agreement of the two countries to reduce their nuclear arsenal. Chip Reid reports.

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Remembering Iconic Funerals

Thousands mourned at the iconic funerals of Princess Diana and Elvis Presley, but many more are expected to attend Michael Jackson's memorial. Elizabeth Palmer reports.

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Sector to Watch - Banking

Do Banks Need More Money?; According to Deutsche Bank, Wells Fargo Will be Best Performer in 2Q (Bloomberg News)

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Inside Look - Social Security Numbers Predictable?

Interview with Carnegie Mellon Economist Alessandro Acquisti (Bloomberg News)

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Emerging Market Spotlight - Russia

Interview with Third Millennium Russia Fund Manager John Connor (Bloomberg News)

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Energy Outlook - Clamp Down on Oil Speculation

Crude Oil Prices Fall - Analysis and Discussion with Fadel Gheit of Oppenheimer & Co. (Bloomberg News)

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Fundraising for Candidates



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Jackson's Trainer Speaks Out

Harry Smith and Maggie Rodriguez spoke with Michael Jackson's personal trainer Lou Ferrigno about Jackson's physical condition before his death.

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Jackson's Music Lives On

Harry Smith and Maggie Rodriguez spoke with Michael Jackson producer Teddy Riley about the impact his music had for generations around the world.

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Winning In a Difficult Environment



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In-Depth Look - SEC Overhauling Enforcement Unit

SEC Reorganizing Enforcement Unit Amid Persistent Questioning as to How Agency Failed to Uncover Madoff Fraud (Bloomberg News)

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Spotlight - ZipRealty

Home Prices Fall, Loan Delinquencies Rise - Interview with CEO Patrick Lashinsky (Bloomberg News)

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Currency Outlook - A New International Reserve Currency?

G-8 Loses Clout; Further Analysis and Discussion with Dan Katzive of Credit Suisse (Bloomberg News)

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Economic Expectations - Is More Stimulus Needed?

Interview with John Taylor, Economics Professor at Stanford University and Author of "The Road Ahead for the Fed" (Bloomberg News)

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Fans Ready For M.J. Memorial

A little over eight thousand lucky people won two free tickets to the Michael Jackson memorial in L.A. Jeff Glor reports.

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Through The Years With M.J.

Entertainment Tonight's Mary Hart talks about witnessing firsthand Michael Jackson's musical genius. Hart was able to interview M.J. several times through the years.

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Jackson Family Attends Viewing

The Jackson family attended a last private viewing before Michael Jackson will be buried at the Forest Lawn Cemetery. Bill Whitaker reports.

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Jesse Jackson On M.J.'s Family

Rev. Jesse Jackson talks with Harry Smith about how Michael Jackson's family is dealing with his death and how they would like him to be remembered.

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In-Depth Look - Should Dollar Continue To Dominate?

Interview and discussion with Ashraf Laidi of the C.M.C. Markets. He shares his outlook regarding the domination of dollars versus the other currency. (Bloomberg News)

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In-Depth Look - 2nd Stimulus Package?

Interview and discussion with Douglas Holtz-Eakin of the D.H.E. Consulting. He talks about the possibility of having a second stimulus package. (Bloomberg News)

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GM Asset Sales

Creditors say they will not hold the sale of most of G.M.'s assets; Lear files for bankruptcy protection. (Bloomberg News)

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Market Open 7.7

Lydia Thew is live in the New York Stock Exchange were stocks are set to kick off lower. (Bloomberg News)

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Rio Tinto Employees Detain In Shanghai

Rio Tinto's employees are being detained in Shanghai. They are in the process of negotiating annual contracts with the Chinese steel industry. (Bloomberg News)

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Palm Signs With Telefonica

Palm expands their market for their Pre phone. It is now available in Spain, U.K., Ireland, and in Germany. (Bloomberg News)

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BMW Sales Decline Shows

B.M.W. sales fall only 13% in June. (Bloomberg News)

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Inside Look - Alpine International Real Estate Equity Fund

Interview and discussion with the C.E.O. of the Alpine Woods Capital Investors, Sam Lieber. He talks about his company's earnings which is the top performing fund for the second quarter. (Bloomberg News)

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In-Depth Look - Does US Needs More Stimulus?

Interview and discussion with Mark Zandi of the Moody's Economy.com. He gives his thoughts regarding whether the U.S. government needs another stimulus. He says another stimulus package would be premature. (Bloomberg News)

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In-Depth Look - 2Q Earnings Outlook

Interview and discussion with Laszlo Birinyi of the Birinyi Associates. He talks about the economy and what stocks are good to buy this season. (Bloomberg News)

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Uncle Sam To Clamp Down On Commodities Trading?

The oil surge makes regulators on the move. The trading commission says it may clamp down on oil and gas speculators. (Bloomberg News)

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In-Depth Look - Health-Care Reform & Hospitals

Interview and discussion with Uwe Reinhardt of the Princeton University. He shares his insights about the Administration's plan to target hospital for them to cut their Medicare cost. (Bloomberg News)

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In-Depth Look - Russian Exposure

Interview and discussion with Scott Licamele of the Red Star Asset Management. He talks about the Russian summit meeting regarding about business generation. (Bloomberg News)

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CIA Wants Wall Streeters

The C.I.A. recruits hedge fund managers and others, asking financial professionals to put their skills to work for the good of the company. (Bloomberg News)

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Moscow's Business Summit

The summit turns to taking a business focus. Business leaders from the U.S. and Russia are at the conference. (Bloomberg News)

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Hospitals May Agree To Medicine Cuts

Major hospitals are near with the agreement with the administration on cuts to their medicare subsidies. (Bloomberg News)

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Telcos Draw Antitrust Scrutiny

The U.S. government conducts an antitrust review of the nation's biggest phone companies. (Bloomberg News)

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London Art Sales Plummet

The total value of sales of impressionist and contemporary works last month drops 70% from a year ago. (Bloomberg News)

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Real Madrid Welcomes Ronaldo

About 80,000 soccer's fan jam the stadium to say hello to Christiano Ronaldo last night. (Bloomberg News)

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Deal Reach To Sell Chicago Cubs

Rickets buy Cubs for $900 million. (Bloomberg News)

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Jackson Memorial Costing $2.5M - LA

Los Angeles braces itself for thousands of Michael Jackson fans to descend on the city today for the singer's massive memorial. (Bloomberg News)

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Seeks Access To Money - Stanford

Stanford says he needs access to his money to pay lawyers. (Bloomberg News)

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Grassley Predicts Heath Care Deal Will Be Reach

Senator Charles Grassley predicts that the health care reform bill will pass this year. (Bloomberg News)

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Former Bear Exec Gets $8m For Apt.

The former President of Bear Sterns sells his penthouse in New York for $8 million. (Bloomberg News)

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Social Security Numbers May Be Had Form Facebook

Be careful using Facebook and My Space to avoid identity theft. (Bloomberg News)

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Moody's May Upgrade Brazil

Brazil may gain on Mexico. Brazil was able to react faster to the global credit crisis than Mexico. (Bloomberg News)

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Asian Market Check

Asian stocks sway from gains and loses. Mining and energy lead the climb. (Bloomberg News)

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Sun Valley Media Conference

More than 200 media moguls go to Sun Valley for the "Incubator of Big Media Deals". (Bloomberg News)

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Nomura Seeks Partner In China

Nomura seeks a partner in China for the world's second largest stock market. (Bloomberg News)

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New Round Of TALF Bond Sales

Bank of America sells nearly $4 billion in bonds as part of the Federal Reserve's T.A.L.F. program. (Bloomberg News)

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Banks Stop Taking California IOUs

Some major U.S. banks stop taking California I.O.U.'s. (Bloomberg News)

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London Put - Top 10 Cities

London drops out of the list of the world's top 10 most expensive cities because of the falling Pound. (Bloomberg News)

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EU Finance Ministers Meet Ahead Of G-8

Europe's finance ministers say it is too early to reverse stimulus measures. (Bloomberg News)

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Office Vacancies At Four-Year High

Office vacancies rise 16% in the last four years. (Bloomberg News)

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Lower Home Prices Through 1Q 2011 - PMI

Home prices may fall in half of the largest U.S. cities through the first quarter of 2011. (Bloomberg News)

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More Xinjiang Protest - China

A new wave of protests brakes out in the Western Chinese state. (Bloomberg News)

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G-8 Loses Influence As Debts Rise

The G-8 expects to discuss how to tackle the global slowdown and there is also talk officials may be drawing up plans to wean businesses on off of government spending. (Bloomberg News)

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Consider Another Stimulus - Tyson

Tyson suggest that it is time for another stimulus boost, and it should focus on infrastructure. (Bloomberg News)

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European Market Check

Markets in Europe turns to the upside. (Bloomberg News)

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Goldman May Lose Millions From Code Theft - Prosecutor

Goldman Sachs may lose millions, if their software gets into the wrong hands. A former Goldman computer programmer is charged with stealing a code. (Bloomberg News)

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Stocks Losing Steam

Stocks manage to rally off of their lows but caution remains the key word. (Bloomberg News)

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Obama Speaks At Moscow's New Economic School

President Obama addresses the graduating class of the city's new economic school. He throw his support behind the market economy but says they need regulation. (Bloomberg News)

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France's horse cavalry prepares for Bastille Day celebrations

Bastille Day on the Champs Elysees is all about fanfare, uniforms and... the horse cavalry regiment. For the last horsemen of the French military, July 14th is the day to shine. Training for France's national day starts at dawn in the heart of Paris.

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Most Americans' Opinion of Palin Unaffected by Resignation

Seventy percent of Americans say that Governor Palin's decision to resign does not affect their opinion of her either way, 17% say it makes them feel less favorably toward her, and another 9% say it makes them feel more favorably toward her.

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Jackson family, friends bid farewell in private

Scores of Michael Jackson's family and friends arrived at a Los Angeles funeral home here Tuesday to bid farewell in private to the pop icon almost two weeks after his mysterious death.

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Latest film in Harry Potter saga opens in London

Thousands of Harry Potter fans braved torrential rain in London on Tuesday evening to catch a glimpse of the stars at the world premiere of "Harry Potter And The Half Blood Prince". It's the latest film in the blockbuster movie series based on J.K. Rowling's best-selling books about the boy wizard.

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Tears and tributes mark Jackson's final curtain

A gold-plated casket bearing Michael Jackson took center stage Tuesday as hundreds of millions worldwide bade farewell to the King of Pop in the final curtain call of his glittering career. Tears and tributes flowed as mourners gathered at Los Angeles's Staples Center for a star-studded but somber celebration of the music superstar's turbulent life and times.

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Ovation for Christian Lacroix at haute couture show

French fashion designer Christian Lacroix was given a standing ovation at the end of his haute couture show on Tuesday by a tearful audience, aware that it might be his last, since the house went into administration in June. The collection for next winter was half the usual length and sombre, dominated by black and inky blue rather than his signature flamboyant Provencal palette. Images of the show.

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Jackson's coffin at front stage at memorial

Michael Jackson's glittering, gold-plated casket was placed at the front of the stage at a public memorial here Tuesday as a gospel choir sang. "We are going to see the King, Hallujah," sang the choir as pallbearers rolled the custom design casket to the front of the stage, flanked by huge sprays of flowers.

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Xinjiang capital in chaos as mobs vow revenge

Police on Tuesday fired clouds of acrid tear gas to disperse thousands of Han Chinese protesters, as chaos gripped this flashpoint city riven by ethnic tensions. Thousands of heavily armed police deployed across Urumqi, the capital of China's remote northwest Xinjiang region, but tensions spiked dramatically following weekend rioting that claimed at least 156 lives. In Hong Kong, the rights group Amnesty International urged China to "fully account" for the deaths while in Washington exiled Uighur leader Rebiya Kadeer called for an international probe.

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Armani dazzles with high octane haute couture show

Italian designer Giorgio Armani on Tuesday unveiled a high octane glamour collection, which was a riot of rhinestones, sequins and gold and silver lame. Where the fabric itself did not shine, like wool or black velvet, Armani added a brilliant touch, like a necklace of silver baubles or a fancy zip. Images of Armani's haute couture autumn-winter 2009/2010 collection.

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An 'iceberg' on the river Seine

On the eve of the G8 summit in Italy, environmental group Greenpeace tied a life size "iceberg" on the river Seine, across the Eiffel Tower, in Paris on Tuesday to raise the world's leaders' awarness on climate change.

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Football- Record crowd welcomes Ronaldo to Real Madrid

Cristiano Ronaldo said he had fulfilled a "childhood dream" as he was officially unveiled as a Real Madrid player before a record-setting capacity crowd of nearly 80,000 people at the Santiago Bernabeu stadium. Real acquired Ronaldo from Manchester last month on a six-year deal worth 94 million euros (131 million dollars) and he will reportedly be paid 13 million euros each season, making him the most expensive player in the world. Images and soundbites.

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Islamist military parade in Gaza

Members of the small Islamist Al Ahrar group paraded through Gaza City on Tuesday to mark its two-year anniversary. It's the first military parade by an Islamist group in the Gaza Strip since the Israeli bombings at the start of the year. Images.

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French FM demands release of French academic detained in Iran

French Foreign Minister Bernard Kouchner on Tuesday demanded that Iran release a French academic held for spying for nearly a week. Clotilde Reiss, a 23-year-old lecturer at Ispahan university in central Iran, was detained at Tehran airport on July 1. Iranian authorities accuse her of taking part in opposition protests following last month's presidential vote. Images and soundbites of Kouchner's statement.

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Putin, Obama seek entente over breakfast

S President Barack Obama and Russian Prime Minister Vladimir Putin Tuesday sought to smooth out differences over a lavish breakfast feast marked by expressions of mutual admiration.

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Han Chinese protest in tense Xinjiang city

Thousands of angry Han Chinese armed with poles, meat cleavers and other makeshift weapons stormed through Urumqi in China's remote northwest Xinjiang region on Tuesday where 156 people died in weekend ethnic clashes. Raw images of Han Chinese walking through the city with makeshift weapons.

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Weekly Economic Insights- Slight Uptick in Spending

Gallup Poll Editor in Chief Frank Newport talks in depth about this week's data from Gallup's core economic indicators, including job loss and job creation, spending, and consumer mood.

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Fans ready for poignant farewell

Nearly 9,000 of Michael Jackson fans won two tickets each to bid an ultimate farewell to the 'King of Pop' on Tuesday. As they went to collect their precious token, most of them admitted that this was the chance of a lifetime.

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Uighur women demand release of detained relatives

At least 200 Muslim Uighur women staged a fresh protest in China's Urumqi city to demand the release of detained relatives, two days after deadly riots.

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Buddhism thrives as China relaxes religious policy

Temples thrive, monks travel far and wide in search of enlightenment, the faithful fill the halls of worship -- after decades of atheist policies, Buddhism is making a huge comeback in China.

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