SYDNEY, Dec 22- The euro probed fresh two-year lows early on Monday in a subdued start to a holiday-shortened week, extending a multi-month trend of weakness against the dollar that many traders say will remain intact in the new year. Speculation is high that the European Central Bank will be forced to expand its asset-buying program to include sovereign debt in...» Read More
SYDNEY/ HONG KONG, Aug 11- Private equity giant TPG Capital Management LP made a $3.1 billion approach for Australia's Treasury Wine Estates Ltd, a source said, setting the scene for a possible bid war for the world's No.2 winemaker with rival KKR& Co..
*Wall St rallies with Ukraine tensions curbed, lifts Asia. TOKYO, Aug 11- Asian stocks rose on Monday after Wall Street rallied on an easing of tensions in Ukraine, although conflicts in other geopolitical hotspots such as Iraq limited gains.
TOKYO, Aug 11- Japanese stocks bounced strongly on Monday morning, recouping some of their steep losses suffered on Friday after Wall Street rallied on easing tensions in Ukraine, and exporters rose as the yen stepped back from last week's sharp gains.
SYDNEY, Aug 11- London copper edged up on Monday as appetite for risk grew following a move by Russia that soothed tensions over the Ukraine, while optimism over the outlook for China's economy underpinned demand. *The most-traded October copper contract on the Shanghai Futures Exchange edged up 0.1 percent to 49,850 yuan a tonne in overnight trade.
SINGAPORE, Aug 11- Gold was off to a muted start on Monday as equity markets firmed, but the safe-haven metal held above $1,300 an ounce as the geopolitical situation in the Middle East remained tense.
SYDNEY, Aug 11- Australia's BC Iron Ltd on Monday launched a friendly cash and share offer worth around A $256 million for smaller rival Iron Ore Holdings Ltd aimed at beefing up production in Australia's premier iron ore region.
SYDNEY, Aug 11- Australia's Treasury Wine Estates Ltd said on Monday it received a second, unsolicited $3.13 billion takeover approach, from a suitor it didn't identify, setting the scene for a potential bidding war for the world's No.2 winemaker. The offer matches last week's bid from private equity giant Kohlberg Kravis Roberts& Co LP and Rhone Capital LLC.
SEOUL, Aug 11- U.S. crude futures held below $98 a barrel on Monday in early Asian trade, as U.S. air strikes in Iraq eased investor concerns over the risk of oil supply disruptions from OPEC's second-largest producer.
*Wall St rallies with Ukraine tensions curbed, lifts Asia. TOKYO, Aug 11- Asian stocks rose in early trade on Monday after Wall Street rallied with the latest round of tensions in Ukraine easing for now, although simmering tensions in other geopolitical hotspots such as Iraq limited gains.
Aug 10- Top U.S. pipeline company Kinder Morgan Inc said on Sunday it will put all its publicly traded units under one roof in a $70 billion deal that responds to investor concerns about its growth prospects and complicated financial structure. The affected units include Kinder Morgan Energy Partners LP, Kinder Morgan Management, and El Paso Pipeline Partners.
SYDNEY, Aug 11- The yen nursed losses early on Monday after coming under pressure late last week as a slight easing of geopolitical tensions dampened demand for the safe-haven Japanese currency. News on Friday that Russia was ending military drills near the Ukrainian border helped U.S. stocks post their best one-day gain since March.
SYDNEY, Aug 11- Australia's Treasury Wine Estates Ltd said on Monday it had received a new takeover approach to rival the $3.15 billion bid from private equity giant Kohlberg Kravis Roberts& Co LP and Rhone Capital LLC, sparking the prospect of a bidding war for the world's No.2 winemaker.
NEW YORK, Aug 10- General Motors Co has lost its bid to dismiss a lawsuit accusing the automaker of concealing critical evidence about a faulty ignition switch linked to the death of a Georgia woman in 2010..
Aug 10- Kinder Morgan is bringing all of its publicly traded units under one roof in a $70 billion deal that reshapes the financial structure of the oil and gas pipeline company.
The deal will create a company worth $140 billion including debt that combines Kinder Morgan Energy Partners, L.P., Kinder Morgan Inc with Kinder Morgan Management and El Paso Pipeline Partners.
Baghdad, Aug 10- Iraqi Prime Minister Nuri al-Maliki, who faces mounting pressure to drop his bid for a third term, will deliver an important speech on television on Sunday night, state television reported.
Aug 11- On a trip to Beijing a decade ago, Bill Gates was asked by a senior government official how much money Microsoft Corp made in China.
HONG KONG/ BEIJING, Aug 11- In the early afternoon of Monday, Aug. 4, ten men in suits and casual business wear barged into a busy office at Mercedes-Benz's east China sales office, near Shanghai's Hongqiao international airport.
IRAQI PRIME MINISTER MALIKI TO DELIVER IMPORTANT SPEECH ON TELEVISION- STATE TV.
NEW YORK, Aug 10- The average price of a gallon of gasoline in the United States fell by six cents in the past two weeks as crude prices have continued a broad decline, according to the Lundberg survey released on Sunday. Prices fell to an average of $3.52 per gallon for regular grade gasoline, according to the survey conducted Aug. 8.