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Ukraine seeks help from Europe in gas standoff
Ukraine has sent a delegation to meet European leaders a day after Russian energy giant Gazprom cut its gas supply and as fears mount the rest of the continent could be affected. The delegation left after Gazprom chief executive Alexey Miller, pictured, upped the ante by saying Ukraine would pay the full market price of $418 dollars per 1,000 cubic meter.
CNN

World stocks welcome new year
Asian and Pacific stock exchanges were mostly higher on the first trading day of the new year, with Hong Kong and South Korean markets showing strong gains Friday while Australia was nearly flat.
CNN Money

World stocks markets open 2009 higher
Hong Kong's benchmark up more than 4 per cent but analysts aren't reading much into upward move
The Globe and Mail

Sensex closes below 10k, up 55 pts
In choppy trade, the Bombay Stock Exchange benchmark Sensex on Friday tested the 10,000 level before ending at 9,958.22 with a gain of nearly 55 points over the previous close as investors bet on a stimulus package to revive the economy, slowing faster than expected.
The Times Of India

Government to get 5 million preferred GMAC shares
DETROIT (AP) -- The federal government will get 5 million preferred shares of GMAC LLC paying 8 percent interest in exchange for its $5 billion capital injection to help the troubled lender avoid bankruptcy....
The Arizona Republic

Secondhand stores shine in weak retail market
On a Wednesday afternoon in late December, the average wait to sell clothing at Buffalo Exchange, a Manhattan consignment shop, was about 25 minutes. Beyond the front counter, where the consignors sought pocket cash and tax deductions, nearly a dozen shoppers squeezed themselves between overstuffed racks in the 450-square-foot space, seeking bargains amid used designer jeans and last season's cashmere sweaters.
CNN Money

World markets kick off 2009 brightly
LONDON (AP) -- World stock markets kicked off the new trading year brightly Friday as European and Asian indexes rose, though trading volumes remained light with many traders not back at their desks until next week....
The Arizona Republic

Need for a global Chemicals Derivatives Exchange - Commodity Online
Need for a global Chemicals Derivatives ExchangeCommodity Online, India - 1 hour agoPP global capacity is about 46 million tons, compared to an output of 23 million tons for aluminium. Similarly, the production capacity of LL is analogous ...
Feed Digest

Check Services - Commodity Online
The recent global economic crisis has defined a new paradigm for the chemicals industry in general and the plastics industry in particular. The need of the hour now is for a global Chemicals Derivatives Exchange (CHEMEX). The thermoplastics market as ...
Feed Digest

FOREX: Ringgit Stays Firm Against US Dollar At Close - Bernama
FOREX: Ringgit Stays Firm Against US dollar At CloseBernama, Malaysia - 1 hour agoKUALA LUMPUR, Jan 2 (Bernama) -- The ringgit stayed firm against the US dollar at close today with support from commercial buying, a dealer said. ...FOREX: Ringgit Opens Higher Against US Dollar Bernamaall 3 news articles
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