NEWS
- Summit of Asian leaders in Thailand canceled after anti-government protesters swarm into the meeting's venue
- China economy in a better shape than expected with March industrial output growth exceeding forecasts, premier says
- China's new lending, money supply growth surge to record highs in March, as banks continued explosive credit expansion
- U.S. posts record $956.80 bln budget deficit for the first half of fiscal 2009, more than tripling the year-ago deficit
- Obama says he is seeing 'glimmers of hope' across the recession-hit U.S. economy but it remains under severe strain
MARKETS
- Asian shares rise, with South Korean stocks hitting a
6-month high; Japan's Nikkei touches three
month high
- U.S. stocks end holiday-shortened week sharply higher as Wells Fargo forecasts a record quarterly profit. Dow up 3.14
- Europe shares close higher on Thursday, buoyed by positive U.S. news including Wells Fargo statement
- Oil prices rise nearly 5.8 pct on Thursday, fueled by stocks rally, US data on workers filing new claims for jobless benefits
- Euro at lowest in almost a month against dollar , hurt by holiday trade and view ECB edging toward easing
QUOTES
'We have to restore law and order.' - Thailand Prime Minister Abhisit Vejjajiva.
'The economy is already bad and after such an event, it's pretty obvious business sectors like tourism will really fall off the cliff.' - Kongkiat Opaswongkarn, chief executive of Asia Plus Securities in Bangkok.
'China's economy has shown some positive signs, but we can all see that our economy still faces some very big difficulties.' - Chinese Premier Wen Jiabao.
'The March lending is strong, but whether the strong growth in bank credit can revive the real economy sector is still unclear.' - Zhang Xiaojing, an economist with the Chinese Academy of Social Sciences in Beijing.
'We've still got a lot of work to do.' But 'we're starting to see progress.' - U.S. President Barack Obama.
DIARY
(all times GMT)
TUESDAY, April 14
WASHINGTON - The Commerce Department issues retail sales for March at 1230; the Labor Department issues producer price index for March at 1230.
(Compiled by World Desk, Americas, +65 6870 3815) Keywords: FINANCIAL/SNAPSHOT
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
- Summit of Asian leaders in Thailand canceled after anti-government protesters swarm into the meeting's venue
- China economy in a better shape than expected with March industrial output growth exceeding forecasts, premier says
- China's new lending, money supply growth surge to record highs in March, as banks continued explosive credit expansion
- U.S. posts record $956.80 bln budget deficit for the first half of fiscal 2009, more than tripling the year-ago deficit
- Obama says he is seeing 'glimmers of hope' across the recession-hit U.S. economy but it remains under severe strain
MARKETS
- Asian shares rise, with South Korean stocks hitting a
6-month high; Japan's Nikkei touches three
month high
- U.S. stocks end holiday-shortened week sharply higher as Wells Fargo forecasts a record quarterly profit. Dow up 3.14
- Europe shares close higher on Thursday, buoyed by positive U.S. news including Wells Fargo statement
- Oil prices rise nearly 5.8 pct on Thursday, fueled by stocks rally, US data on workers filing new claims for jobless benefits
- Euro at lowest in almost a month against dollar , hurt by holiday trade and view ECB edging toward easing
QUOTES
'We have to restore law and order.' - Thailand Prime Minister Abhisit Vejjajiva.
'The economy is already bad and after such an event, it's pretty obvious business sectors like tourism will really fall off the cliff.' - Kongkiat Opaswongkarn, chief executive of Asia Plus Securities in Bangkok.
'China's economy has shown some positive signs, but we can all see that our economy still faces some very big difficulties.' - Chinese Premier Wen Jiabao.
'The March lending is strong, but whether the strong growth in bank credit can revive the real economy sector is still unclear.' - Zhang Xiaojing, an economist with the Chinese Academy of Social Sciences in Beijing.
'We've still got a lot of work to do.' But 'we're starting to see progress.' - U.S. President Barack Obama.
DIARY
(all times GMT)
TUESDAY, April 14
WASHINGTON - The Commerce Department issues retail sales for March at 1230; the Labor Department issues producer price index for March at 1230.
(Compiled by World Desk, Americas, +65 6870 3815) Keywords: FINANCIAL/SNAPSHOT
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.