MOSCOW, May 22- Igor Kim snapped cast-off assets from foreign banks pulling out of Russia and now the banker says he wants to expand into Europe. Kim, 47, emerged with his partners as an asset consolidator after the global crash of 2008 forced Western banks to downsize, buying the Russian commercial banking units of Barclays, WestLB, Morgan Stanley and Santander.
May 22- Foreign banks that once treated Russia as an undiscovered country where easy money could be made are now finding it a cut-throat market tougher than some bargained for.
MOSCOW, May 22- Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for.
May 21- Please be advised that two articles from December 22, 2011 reporting that two Barclays Capital traders had left the firm after losses have been withdrawn due to lack of clarity surrounding the circumstances of the traders' departures.
JAKARTA, May 21- Freeport McMoRan Copper& Gold Inc's Indonesian mine could face a prolonged closure and scrutiny over its underground mining plans after one of the country's worst-ever mining disasters, analysts and mining sources said.
TOKYO, May 21- The dollar edged up against the yen on Tuesday after a Japanese minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2- year high against the Japanese currency on Monday.
*Japanese econ minister says he hopes FX market can find' balance'. TOKYO, May 21- The dollar edged up against the yen on Tuesday after Japan's economy minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2- year high against the Japanese currency on Monday.
TOKYO, May 21- Sprint Nextel Corp said its Japanese suitor SoftBank Corp granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network Corp, as pressure mounts on SoftBank to sweeten its offer for the No. 3 U.S. wireless carrier.
*Japanese econ minister says he hopes FX market can find' balance'. TOKYO, May 21- The dollar edged up against the yen on Tuesday after Japan's economy minister clarified earlier remarks about the yen's weakness that had toppled the greenback from a 4-1/ 2 year high in the previous session.
*MSCI Asia Pacific ex- Japan eases 0.1 percent. The market's focus is shifting to Bernanke's testimony to Congress on Wednesday after recent comments by Fed officials fuelled speculation the U.S. central bank may trim its bond purchases sooner than expected.
LONDON, May 20- Copper rose to its highest in almost a week on Monday, helped by a weaker U.S. dollar and shrinking inventories of the metal in Asia, but concerns about sluggish Chinese growth capped gains. Copper has rebounded from 18- month lows earlier this month below $6,800 a tonne but is still 13 percent off its 2013 high hit in February.
LONDON, May 20- Copper turned slightly positive in volatile trading on Monday, helped by a weaker U.S. dollar and shrinking inventories of the metal in Asia, but concerns about sluggish Chinese growth capped gains. Copper has rebounded from 18- month lows earlier this month below $6,800 a tonne but is still 13 percent off the 2013 high hit in February. "
HONG KONG, May 20- Goldman Sachs Group Inc launched the sale of about $1.1 billion worth of Hong Kong- traded shares in Industrial and Commercial Bank of China on Monday, offering its entire remaining stake in the world's biggest bank by market value. The sale would be the final chapter in Goldman's investment alongside clients and employees in China's ICBC.
The new fund will be run by Qatar Holding, Qatar Petroleum International and Qatar Electricity and Water Company, a bourse filing from QEWC said on Monday. The new company, to be called Nebras Power and will be 60 percent owned by QEWC, with 20 percent held by QPI and 20 percent by Qatar Holding, a separate statement issued later on Monday said.
*Investors eye China, Europe flash PMIs on Thursday. LONDON, May 20- Copper fell on Monday after two sessions of gains as lacklustre global growth and sluggish Chinese metals demand weighed on markets and as investors continued to favour equities over commodities.
*MSCI Asia Pacific ex- Japan rises 0.9 percent. SINGAPORE, May 20- The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data.
TOKYO/ SYDNEY, May 20- The yen bounced off a 4-1/ 2- year low against the dollar on Monday after Japan's economy minister suggested the government might be satisfied with its current level, following a sharp decline over the past six months.
SAN FRANCISCO, May 17- Target Corp said on Friday it opened a new San Francisco office to track down technology companies that can help the second-largest U.S. retailer grow its online commerce business.
*Spain, Italian yields extend fall after supply this week. *Spain to auction more bonds next week. With the unscheduled supply pressure out of the way, the rally in peripheral debt is expected to continue at least until Federal Reserve Chairman Ben Bernanke's testimony before the congressional Joint Economic Committee on Wednesday.