Monday, February 06, 2012

Quick Overview

  • As cold temperatures in Eastern Europe stretching all the way into France feed wheat concern about supplies there. "It's just too cold, for too long, with too little snow for nothing to have happened," ABN Amro says.

  • (MarketWatch) -- A trustee seeking to distribute customer securities overseen by bankrupt MF Global Inc. said Monday that they have traced a majority of the cash that disappeared from the commodities broker. "The trustee's investigators have now traced a majority of the cash transactions, totaling more than $105 billion, made in and out of MF Global Inc. in the last week before bankruptcy and are completing the process of tracing the remaining transactions," the trustee said.


  • The GDP per capita of Indonesia has grown 17.7% throughout last year to 3,542 U.S. dollars from 3,010 U.S. dollars in the previous year.

  • In the 12 months to January, Australia’s inflation gauge rose by 2.2%.

  • The value of trade cargo handled by the Shanghai customs for the first time surpassed the US$800 billion mark last year, hitting $812.3 billion, 18.6 per cent more than in 2010, Xinhua reports.

  • Customs of south eastern Xiamen opposite Taiwan recorded a 21.3 per cent increase in 2011 trade value year on year to US$103.3 billion last year, which for the first time surpassed US$100 billion, Xinhua reports.

  • Yum's net income in Q4 ended December 31 grew 30% to $356 million, or 75 cents per share -- topping analysts' average view. Chinese sales rose 21%. China is Yum's biggest earnings driver, accounting for just over 40 % of overall profits.



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