CHICAGO Canadian publisher Quebecor Media on Wednesday withdrew a US $750 million bond sale that was intended to finance its acquisition of Osprey Media Income Fund, owner of 20 Ontario dailies. via Editor & Publisher

Original post by Editor & Publisher

“That turned sentiments negative for the whole technology pack, and pushed the markets down.”

MUMBAI, India: Indian shares fell Wednesday, tracking weak global markets and selling of technology stocks after Infosys Technologies cut its annual earnings guidance for the first time on concerns over the … via International Herald Tribune

Original post by International Herald Tribune

“Having oil about $70 I think is somewhat of a threat overall but for natural resources it is a wonderful thing”

As consumers turn to air conditioners for relief from high temperatures and set off on summer road trips, it might appear that America’s appetite for natural resources hasn’t ebbed although oil prices have generally been quite high during the past year.

Wall Street, with its own hunger pangs for profits, seems to agree. While some investors might be concerned that rising energy prices could fan inflation and hurt consumer spending, many also apparently see opportunity in natural resources mutual funds. Read more

Original post by The Associated Press

South East Asia News.Net Wednesday 11th July, 2007 Government bonds have risen around the world after US$5.2 billion of bonds, backed by subprime mortgages, were downgraded by Moody’s. U.S ten-year Treasuries … via Southeast Asia News

Original post by Southeast Asia News

Standard & Poor’s is considering cutting the credit rating of more than $12 billion in bonds backed by risky home loans as more borrowers miss payments, the ratings agency said Tuesday. via PR-inside.com

Original post by PR-inside.com