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Oil falls below $39 in light New Year`s Eve trade
Oil prices fell below $39 a barrel Wednesday in Asia in light New Year's Eve trading as investors pondered a global economic slowdown that's dragged crude down some 60 percent this year. Light, sweet crude for February delivery fell 70 cents to $38.33 a...
San Francisco Chronicle

Quest Capital Corp.: Quest Capital Corp. is Pleased to Announce the Completion of a Private Placement of CDN $40 Million of Cumulative Voting, 13.5% First Preferred Shares, Series A
VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Quest Capital Corp. (TSX: QC)(NYSE ALTERNEXT US: QCC)(AIM: QCC) is pleased to announce that it has completed a private placement of CDN $40 million of Cumulative Voting, 13.5% First Preferred Shares, Series 'A' ('Shares'). The Shares will pay dividends, if, as and when declared, of 13.5% per annum payable on a quarterly basis on March 31, June 30, September 30 and December 31 of each year and will be issued at a price of $2.00 per Share. The shares are redeemable and retractable under certain conditions.
Marketwire.com

Dec gold imports fall 81% YoY
India had imported 16 tonnes of gold in December 2007, data from the association showed.
The Economic Times

New Year messages get costly as Dec 31, Jan 1 `black-listed`
Consumers, who have bought special SMS packs will not be able to avail those services and will have to shell out the base price for each SMS sent.
The Times Of India

Stimulus package, lower costs to aid cement cos
The reduction in coal and diesel prices will start seeing an impact on the financial results of cement companies in the third and fourth quarter of FY09 onwards, say experts.
The Financial Express

Housing Slump Makes For Buyer`s Market
One of the housing industry's benchmark indexes shows home prices dropped in by 18 percent in October, the sharpest annual rate drop on record, reports CBS News correspondent Kelly Wallace.
CBS News

Consumer confidence and home prices hit grim records
NEW YORK (Reuters) - The U.S. economy extended its run of record-breaking dismal data on Tuesday, with consumer confidence and home prices registering a pair of grim milestones.
Reuters

FinMin recommends 100% hike in price for 3G
The Finance Ministry on Thursday asked the Department of Telecom (DoT) to double the reserve price for pan-India 3G spectrum to Rs 4,040 crore.
The Times Of India

Home within the range
It seemed as if the property prices would defy the law of gravity forever, as buyers didn't seem to mind paying a fortune to acquire huge houses.
The Times Of India

SEC rule change won`t help oil sands till 2010
Move to shield producers from oil market volatility will allow companies to book reserves based on 12-month average price
The Globe and Mail

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