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UPDATE 4-Greece, creditors close in on debt cut deal * Greece, creditors could clinch pre-agreement on Friday – sources

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EFSF says will retain 440 bln euros lending capacity despite S&P downgrade BRUSSELS, Jan 16 (Reuters) – The European Financial Stability Facility (EFSF) will retain its effective lending capacity of 440 billion euros despite Standard & Poor’s decision to downgrade its…

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NEWSMAKER-Down-to-earth Jordan to stick to Swiss c.bank course BERNE, Jan 9 (Reuters) – With his down-to-earth, soft-spoken manner, Switzerland’s interim central bank chief Thomas Jordan will differ in manner but not in substance from suave former head Philipp…

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Indian rupee seen under pressure on euro zone woes -finmin * Says RBI expected to balance inflation and growth concerns

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UPDATE 2-China moving to more convertible yuan -c.bank’s Zhou * Zhou shies away from calling for full yuan convertibility

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UPDATE 1-Komatsu to up mining machine parts output-Nikkei Dec 31 (Reuters) – Construction machinery maker Komatsu Ltd plans to increase its domestic production capacity for key mining equipment parts such as engines and axles, by about 15 percent, the…

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German FinMin sees crisis in check within a year BERLIN, Dec 30 (Reuters) – German Finance Minister Wolfgang Schaeuble said he expects the euro zone will be stabilised within 12 months and ruled out a break-up of the single currency in an interview…

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MONEY MARKETS-Banks to keep parking cash with the ECB next year LONDON, Dec 29 (Reuters) – Euro zone banks will continue to park their cash with the ECB in 2012 rather than lend it as recent cash injections offer little hope of thawing frozen interbank markets.

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Rugby Site Mistaken for German Stock Market – Spiegel Online Spiegel Online Rugby Site Mistaken for German Stock MarketSpiegel OnlineFans of a rugby team in southwestern France have fallen victim to a misguided cyber attack after German hackers apparently mistook their website for an offshoot of the German stock exchange and shut it down for [...]

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Stock Market Up and Down-Grade​s: (BKCC), (MFLX), (OPWV), (PDC), (IRIS) – Takeover Chatter Stock Market Up and Down-Grade​s: (BKCC), (MFLX), (OPWV), (PDC), (IRIS)Takeover ChatterThis is usually a bearish sign for the stock, and this brokerage house may tell its clients to sell the stock. The share prices may fall because of this action. Analysts believe [...]

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