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Daily Archives: July 8, 2008

With China Inflation Above 7%, Rising Costs Move To US

Inflation in China during the month of June was "only" 7.1%. That was slightly better than the two months before, but, according to Reuters, "consumer prices were 7.9 percent higher ...
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Media Digest 7/8/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Microsoft (MSFT) is willing to start buy-out talks with Yahoo! (YHOO) if the portal company will replace its board.Reuters writes that the CEO of JP Morgan (JPM) ...
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Asia Markets 7/8/2008 (SNE)(LFC)(CHU)

Most markets in Asia fell sharply.The Nikkei was off 2.5% to 13,033. Sharp was down 4.4% to 1,683. Sony (SNE) was down 4.1% to 4420. The Hang Seng was down ...
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