http://www.iplawfilter.com/wordpress Intellectual Property News & Analysis Tue, 07 Sep 2010 04:08:00 +0000 http://backend.userland.com/rss092 en Japanese stocks fell as a stronger yen and lower oil prices countered expectations President Barack Obama’s proposed stimulus will boost the U.S. economy. . http://www.businessweek.com/news/2010-09-07/japanese-stocks-drop-led-by-carmakers-on-yen-traders-decline.html Australian independent lawmaker Bob Katter said he’ll support the coalition’s Tony Abbott, putting the opposition leader two seats short of the 76 he needs to form government following the closest election in 70 years. http://www.businessweek.com/news/2010-09-07/australian-independent-bob-katter-backs-abbott.html Fidelity Investments’ William Danoff, the stock picker who led the Contrafund to benchmark- beating returns, isn’t looking very contrarian these days. http://www.businessweek.com/news/2010-09-07/contrafund-s-danoff-stymied-as-investor-fear-fuels-correlation.html The euro fell the most in a week amid concern sovereign-debt risk will hinder the fiscal health of European banks, denting prospects for the region’s recovery. http://www.businessweek.com/news/2010-09-07/euro-falls-on-concern-europe-banks-will-struggle-to-raise-funds.html Air Products & Chemicals Inc. boosted a hostile takeover bid for Airgas Inc. by 3 percent to $5.5 billion and said it will walk away unless shareholders of the target company support its proposals at a meeting next week. . http://www.businessweek.com/news/2010-09-07/air-products-increases-its-airgas-takeover-bid-to-5-5-billion.html The language-learning company hopes a new product and international growth will revive investor enthusiasm that waned after the stock's 2009 debut http://www.businessweek.com/investor/content/sep2010/pi2010093_324177.htm Corporate bond investors are facing the potential for record losses when policy makers start to raise interest rates as companies take advantage of falling borrowing costs to sell longer-term debt. http://www.businessweek.com/news/2010-09-06/investors-vulnerable-to-loss-on-rising-duration-credit-markets.html The Bank of Japan kept borrowing costs and the size of its liquidity injections unchanged, taking a pause in monetary stimulus to monitor the yen’s moves and U.S. http://www.businessweek.com/news/2010-09-06/boj-keeps-credit-program-interest-rates-unchanged.html Barclays Plc, Britain’s third- largest bank, is poised to name President Robert Diamond as Chief Executive Officer John Varley’s successor, a person with direct knowledge of the matter said. http://www.businessweek.com/news/2010-09-06/barclays-said-to-tap-diamond-as-ceo-replacing-varley.html Asian steel stocks rose after U.S. President Barack Obama proposed a stimulus plan proposed to boost economic growth. Japanese exporters fell on concern a stronger yen will hurt the value of overseas sales. . http://www.businessweek.com/news/2010-09-06/asian-steel-stocks-rise-on-obama-plan-japanese-exporters-drop.html New Zealand Prime Minister John Key will today start a two-day visit to Christchurch and surrounding areas hit by a magnitude 7.0 earthquake that cut power, damaged hundreds of buildings and closed the central business district. http://www.businessweek.com/news/2010-09-06/new-zealand-s-key-to-visit-quake-ravaged-christchurch.html Japanese Stocks fluctuated with steelmakers advancing on lower materials costs and carmakers falling as the euro declined. http://www.businessweek.com/news/2010-09-06/japanese-stocks-fluctuate-steelmakers-advance-carmakers-fall.html Samsung Electronics Co. is on track to meet to its 2010 sales target for televisions, said Yoon Boo Keun, the company’s TV business chief. Yoon, who was speaking to reporters in Seoul today, also said Samsung is considering using Google Inc.’s Android operating system in its televisions. . http://www.businessweek.com/news/2010-09-06/samsung-electronics-expects-to-meet-tv-sales-target-for-2010.html Indonesia’s central bank chief said he wants to avoid increasing interest rates, counting on lending and reserve rules for banks to contain inflation and stoke growth in Southeast Asia’s biggest economy. http://www.businessweek.com/news/2010-09-06/indonesia-seeking-to-avoid-rate-rise-governor-nasution-says.html The euro fell the most in a week against the dollar and the yen on concern European banks will struggle to raise funds, damping the region’s economic outlook. http://www.businessweek.com/news/2010-09-06/euro-falls-on-concern-europe-banks-will-struggle-to-raise-funds.html President Barack Obama this week is proposing to expand tax relief for businesses and boost federal spending on the nation’s transportation system to help bolster an economy that’s losing jobs heading into the November congressional elections. http://www.businessweek.com/news/2010-09-06/obama-to-propose-business-tax-relief-spending-to-spur-growth.html Oracle Corp., the world’s second- biggest software company, hired former Hewlett-Packard Co. Chief Executive Officer Mark Hurd as a president and member of the board, reporting to CEO Larry Ellison. . http://www.businessweek.com/news/2010-09-06/oracle-hires-mark-hurd-as-president-phillips-resigns.html The three men who’ll determine which major party governs Australia after the closest election in 70 years will make a decision today, independent lawmaker Tony Windsor said. http://www.businessweek.com/news/2010-09-06/australian-independent-lawmakers-see-decision-today.html Marque, chef Mark Best’s contemporary French restaurant, has been named top eatery in Australia’s biggest city by the Sydney Morning Herald. http://www.businessweek.com/news/2010-09-06/marque-wins-tetsuya-loses-hat-in-sydney-morning-herald-awards.html Tropical Storm Hermine, near the western end of the Gulf of Mexico, is poised to make landfall tonight, forcing at least one Texas refinery to take precautions. http://www.businessweek.com/news/2010-09-06/tropical-storm-hermine-set-to-make-landfall-tonight.html Barclays Plc, Britain’s third- largest bank, is poised to name President Robert Diamond as Chief Executive Officer John Varley’s successor, a person with direct knowledge of the matter said. http://www.businessweek.com/news/2010-09-06/barclays-said-to-select-diamond-as-successor-to-ceo-varley.html Telstra Corp., Australia’s largest telephone company, remains committed to investing in China after moving to sell its shareholding in property website SouFun Holdings Ltd., Chief Executive Officer David Thodey said. http://www.businessweek.com/news/2010-09-06/telstra-committed-to-china-after-soufun-ipo-decision-ceo-says.html Londoners plan to take to boats, bikes, taxis, and their own two feet to get to work today, with as many as 10,000 Tube workers staging the first of a series of 24-hour strikes over planned job cuts. http://www.businessweek.com/news/2010-09-06/londoners-plan-to-take-to-bikes-boats-taxis-in-tube-strike.html Asian petrochemical companies will import naphtha from Europe for the first time in three months in September as demand rises in China. http://www.businessweek.com/news/2010-09-06/asia-to-buy-first-european-naphtha-in-3-months-energy-markets.html Mexican President Felipe Calderon may have difficulty pushing through his agenda, including plans to make it easier for businesses to hire and fire workers, after members of the opposition Institutional Revolutionary Party, or PRI, were appointed to lead the Senate and lower house. http://www.businessweek.com/news/2010-09-06/calderon-agenda-may-be-weakened-on-mexico-opposition.html French unions are striking nationwide as lawmakers begin debating President Nicolas Sarkozy’s bill to raise the retirement age. http://www.businessweek.com/news/2010-09-06/french-unions-stage-nationwide-strike-as-pension-debate-starts.html Supporters of a court order halting government support for research using cells taken from human embryos objected to a government request to permit it to continue during the Obama administration’s appeal. http://www.businessweek.com/news/2010-09-06/embryonic-stem-cell-research-foes-fight-ban-delay.html Prime Minister Recep Tayyip Erdogan was once headed for hero status among Turkey’s Kurdish minority. Now, he’ll settle for being the least bad bet. . http://www.businessweek.com/news/2010-09-06/erdogan-faces-close-call-in-referendum-as-kurds-hold-swing-vote.html Glenn Beck, at his successful “Restoring America” rally in Washington, wrapped himself in the legacy of Martin Luther King Jr. He fits much better with another religious-political figure, the late Charles E. http://www.businessweek.com/news/2010-09-06/beck-s-pitch-channels-1930s-invective-albert-r-hunt.html Air Products & Chemicals Inc. boosted a hostile takeover bid for Airgas Inc. by 3 percent to $5.5 billion and said it will walk away unless shareholders of the target company support its proposals at a meeting next week. . http://www.businessweek.com/news/2010-09-06/air-products-raises-airgas-bid-to-5-5-billion.html Deutsche Bank AG’s increased stake in France Telecom SA could signal a merger of the French phone operator with Deutsche Telekom AG, according to the CFE-CGC/UNSA labor union federation, Reuters reported, citing the union. http://www.businessweek.com/news/2010-09-06/france-telecom-telekom-could-merge-union-says-reuters-reports.html No decision has been made on which party to support to form government, Australian independent lawmaker Tony Windsor told Australian Broadcasting Corp. radio today. A decision will be made “early afternoon” after final information is received from Prime Minister Julia Gillard and opposition leader Tony Abbott around 9 a.m., he ... http://www.businessweek.com/news/2010-09-06/australia-independent-lawmakers-see-decision-today-windsor-says.html President Barack Obama proposed spending at least $50 billion to rehabilitate the nation’s transportation infrastructure to help spur an economy that’s lost jobs for three straight months. http://www.businessweek.com/news/2010-09-06/obama-proposes-50-billion-plan-to-fix-roads-railways-runways.html Mexican President Felipe Calderon may have difficulty pushing through his agenda, including plans to make it easier for businesses to hire and fire workers, after members of the opposition Institutional Revolutionary Party, or PRI, were appointed to lead the Senate and lower house. http://www.businessweek.com/news/2010-09-06/calderon-may-compromise-as-opposition-leads-mexico-congress.html “The American,” a spy thriller from Universal Pictures’ Focus Features, was the top movie in U.S. and Canadian theaters over the Labor Day weekend with $16.4 million in receipts. . http://www.businessweek.com/news/2010-09-06/-the-american-is-top-film-with-16-million-in-sales.html Tropical Storm Hermine strengthened in the western end of the Gulf of Mexico as a Texas refinery prepared for the storm’s landfall. The weather system is the eighth named storm of the Atlantic hurricane season. . http://www.businessweek.com/news/2010-09-06/hermine-strengthens-in-gulf-valero-readies-refinery.html President Barack Obama said a proposal to spend $50 billion initially to modernize the nation’s transportation systems won’t swell the federal budget deficit. http://www.businessweek.com/news/2010-09-06/obama-says-infrastructure-programs-won-t-widen-u-s-deficit.html The Czech Republic sold its first euro-denominated bonds in more than a year as planned austerity measures and optimism about emerging-market debt sends the country’s borrowing costs below those in higher-rated Italy. http://www.businessweek.com/news/2010-09-06/czech-eurobond-funding-costs-beat-italy-on-austerity.html Supporters of a court order halting government support for research using cells taken from human embryos objected to a government request to permit it to continue during the Obama administration’s appeal. http://www.businessweek.com/news/2010-09-06/stem-cell-research-foes-urge-judge-to-continue-ban.html Billionaires Bill Gates and Warren Buffett will publicly explain the purpose of their planned visit to China after a newspaper reported that a number of wealthy Chinese individuals declined to attend an event hosted by the two due to concerns they’d be asked give their money to charity. http://www.businessweek.com/news/2010-09-06/gates-buffett-to-issue-public-explanation-for-trip-to-china.html Hedge-fund bets against gasoline exceeded wagers that prices will rise for the first time in almost four years as the fuel fell in the final week of the U.S. http://www.businessweek.com/news/2010-09-06/hedge-funds-turn-bearish-on-gasoline-futures-energy-markets.html Prime Minister Vladimir Putin vowed to abide by the Russian constitution when President Dmitry Medvedev’s term runs out in 2012. http://www.businessweek.com/news/2010-09-06/putin-vows-to-stick-to-law-in-russia-s-2012-presidential-vote.html South African state workers suspended a strike that has shut thousands of schools and interrupted services at hospitals and courts since Aug. 18, as they consider an improved wage offer from the government. . http://www.businessweek.com/news/2010-09-06/south-african-state-workers-suspend-20-day-strike.html London’s 3.5 million Tube travelers face disruption today with as many as 10,000 of the subway’s drivers, station staff and engineers staging the first of a series of 24-hour strikes over employment cuts. http://www.businessweek.com/news/2010-09-06/london-subway-workers-strike-to-disrupt-travelers.html Gamesa Corporacion Tecnologica SA, the Spanish wind turbine maker that’s lost more than half its market value this year, is planning to set up a factory in Brazil to supply the world’s fastest-growing market for wind energy, according to a person familiar with the company’s plans. http://www.businessweek.com/news/2010-09-06/gamesa-said-to-plan-brazil-factory-in-bid-to-reverse-share-drop.html European stocks advanced for the fourth time in five days, extending a four-week high for the Stoxx Europe 600 Index, as a report on U.K. manufacturing helped to further ease concern that the economic recovery is faltering. . http://www.businessweek.com/news/2010-09-06/european-stocks-rise-extending-four-week-high-rwe-e-on-climb.html Yanzhou Coal Mining Co., the Chinese company that paid more than $3 billion for Felix Resources Ltd., said it will seek to acquire 51 percent of Inner Mongolia Haosheng Coal Mining Ltd. http://www.businessweek.com/news/2010-09-06/yanzhou-coal-to-pay-682-million-for-stake-in-haosheng-mining.html PSA Peugeot Citroen, Europe’s second-biggest carmaker, aims to unlock demand for electric cars with leasing programs that include gasoline loaners for trips beyond the reach of a single battery charge. http://www.businessweek.com/news/2010-09-06/peugeot-citroen-plans-electric-car-boost-with-leasing.html Syria’s lack of cooperation with United Nations nuclear inspectors is hampering the International Atomic Energy Agency’s ability to determine whether a the Middle Eastern country was building a nuclear reactor, the Vienna-based agency said today. http://www.businessweek.com/news/2010-09-06/syrian-stonewalling-in-atomic-probe-hurts-evidence-un-says.html Germany’s 10 biggest lenders, including Deutsche Bank AG and Commerzbank AG, may need about 105 billion euros ($135 billion) in fresh capital because of new regulation, the Association of German Banks said. http://www.businessweek.com/news/2010-09-06/german-banks-may-need-to-raise-135-billion-on-rules.html Iran increased its uranium stockpile while failing to boost cooperation with United Nations inspectors probing whether the Persian Gulf country is trying to build nuclear weapons, the International Atomic Energy Agency said. http://www.businessweek.com/news/2010-09-06/iran-expands-uranium-stocks-increasing-un-inspector-urgency-.html OAO Rosneft named Eduard Khudainatov as chief executive officer, ending the almost 12-year tenure of Sergei Bogdanchikov and increasing Deputy Prime Minister Igor Sechin’s control of Russia’s biggest oil producer. http://www.businessweek.com/news/2010-09-06/rosneft-replaces-chief-as-putin-deputy-boosts-control.html Argentina’s bond risk is falling the fastest of any country as South America’s second-biggest economy heads toward its largest expansion since 1992, increasing the government’s ability to pay its debt. http://www.businessweek.com/news/2010-09-06/bond-risk-decline-outpaces-world-on-growth-argentina-credit.html Former U.K Prime Minister Tony Blair canceled a book-signing session in London to promote his memoir, citing concerns about security after he was pelted with eggs at a similar event in Dublin. http://www.businessweek.com/news/2010-09-06/blair-cancels-london-book-signing-after-violent-dublin-protests.html President Barack Obama will propose a six-year national infrastructure plan today as part of a series of measures to boost jobs and spur the economy ahead of the congressional midterm elections in November, an administration official said. http://www.businessweek.com/news/2010-09-06/obama-to-announce-transportation-infrastructure-plan.html A Northern Ireland school has been evacuated after an 8 year-old pupil found a suspected pipe bomb outside it and brought it into the building. http://www.businessweek.com/news/2010-09-06/northern-ireland-schools-evacuated-after-child-finds-bomb-.html Most European stocks advanced, extending a four-week high for the Stoxx Europe 600 Index, as a report on U.K. manufacturing eased concern that the economic recovery is faltering. . http://www.businessweek.com/news/2010-09-06/most-european-stocks-rise-e-on-ag-rwe-ag-gain-on-nuclear-deal.html GlaxoSmithKline Plc’s Avandia diabetes treatment should be withdrawn from the market and never should have been approved, the British Medical Journal’s Editor- in-Chief Fiona Godlee wrote as European regulators prepare to review the drug’s safety. http://www.businessweek.com/news/2010-09-06/glaxo-s-avandia-should-be-pulled-from-u-k-bmj-says.html European stocks gained, extending a four-week high for the Stoxx Europe 600 Index, as a report on U.K. manufacturing eased concern that the economic recovery is faltering. http://www.businessweek.com/news/2010-09-06/european-stocks-rise-extending-four-week-high-for-stoxx-600.html Nigerian President Goodluck Jonathan risks sectarian clashes when he announces whether he will seek election: in the Muslim north if he does, and in his native oil- rich Niger River delta in the south if he doesn’t. http://www.businessweek.com/news/2010-09-06/jonathan-risks-clashes-in-oil-rich-nigeria-vote-bid.html Tropical Storm Hermine formed in the western end of the Gulf of Mexico, becoming the eighth named storm of the Atlantic hurricane season. http://www.businessweek.com/news/2010-09-06/tropical-storm-hermine-forms-in-the-gulf-of-mexico.html Willie Walsh, chief executive officer of British Airways Plc, has caught the merger bug. http://www.businessweek.com/news/2010-09-06/british-airways-ceo-sizes-up-next-deal-after-iberia.html E.ON AG and RWE AG rallied in Frankfurt trading after German Chancellor Angela Merkel’s government agreed to extend the lifespan of nuclear-power plants by as much as 14 years in exchange for renewable-energy funding. http://www.businessweek.com/news/2010-09-06/e-on-rwe-shares-surge-on-merkel-s-nuclear-lifeline.html China’s yuan strengthened the most in nearly three weeks as the dollar slumped and a U.S. government adviser visited Beijing for talks, fanning speculation the central bank will allow more gains. . http://www.businessweek.com/news/2010-09-06/yuan-advances-as-obama-adviser-summers-visits-china.html Billionaire Anil Ambani’s Reliance Communications Ltd. ended talks to sell some assets to GTL Infrastructure Ltd. after both sides failed to agree on a deal to create India’s second-largest operator of mobile-phone towers. . http://www.businessweek.com/news/2010-09-06/anil-ambani-s-reliance-scraps-talks-to-sell-towers.html China’s yuan strengthened the most in nearly three weeks as the dollar slumped and a U.S. government adviser visited Beijing for talks, fanning speculation the central bank will allow more gains. . http://www.businessweek.com/news/2010-09-06/yuan-rises-most-in-three-weeks-as-obama-adviser-visits-china.html Julius Baer Group Ltd., the 120- year-old Swiss private bank, expects to double the portion of staff in Asia as it taps an “increasingly important” market for expansion, Chief Executive Officer Boris Collardi said. http://www.businessweek.com/news/2010-09-06/julius-baer-may-double-portion-of-asian-staff-assets.html Shenzhen marked its 30th anniversary as the cradle of China’s capitalist reform with a gathering of top Communist Party officials and company executives including President Hu Jintao and Hong Kong’s richest man Li Ka-Shing. http://www.businessweek.com/news/2010-09-06/shenzhen-marks-30-years-as-pioneer-of-china-reforms.html Billionaire Oleg Deripaska’s United Co. Rusal is planning Russia’s first offering of bonds in China, spurred by McDonald’s Corp.’s debut sale in yuan. . http://www.businessweek.com/news/2010-09-06/deripaska-follows-mcdonald-s-to-yuan-bond-market-russia-credit.html Global stocks rose to a four-week high and industrial metals rallied amid growing optimism about the prospects for economic growth. European bonds rebounded from three days of losses. . http://www.businessweek.com/news/2010-09-06/stocks-rise-to-four-week-high-metals-advance-bonds-rebound.html Goh Choon Phong, the incoming chief executive officer of Singapore Airlines Ltd., will face growing competition for both premium and economy-class passengers in Asia as he tries to revive profits from a two-decade low. http://www.businessweek.com/news/2010-09-06/singapore-air-s-goh-to-take-helm-as-rivals-expand.html Asian stocks rose, driving up the MSCI Asia Pacific Index by the most in two months, as better- than-estimated jobs data fueled confidence the U.S. economy will skirt a recession. . http://www.businessweek.com/news/2010-09-06/asian-stocks-rise-as-u-s-jobs-data-boost-prospects-for-growth.html China’s mobile Internet users may more than double within five years as smartphones that can browse the Web and download music become more affordable, Lee Kai-fu, the former head of Google Inc.’s China division, said. http://www.businessweek.com/news/2010-09-06/china-s-mobile-internet-users-may-double-in-5-years-lee-says.html E.ON AG and RWE AG soared in Frankfurt trading after German Chancellor Angela Merkel’s government agreed to extend the lifespan of nuclear power plants in exchange for payments to fund alternative energy projects. http://www.businessweek.com/news/2010-09-06/e-on-rwe-shares-surge-on-merkel-s-12-year-nuclear-lifeline.html Asian and European shares rose to a four-week high and the cost of protecting bonds against default fell after better-than-expected U.S. jobs data eased concern the global economic recovery is faltering. . http://www.businessweek.com/news/2010-09-06/stocks-climb-to-4-week-high-asia-debt-default-protection-falls.html Alfa Laval AB offered to buy Munters AB for 5.03 billion kronor ($698 million) as the Swedish manufacturer expands from fluid-control equipment into air treatment. http://www.businessweek.com/news/2010-09-06/alfa-bids-698-million-for-dehumidifier-maker-munters.html U.K. factory production grew at a record pace in the third quarter on surging export demand, the Engineering Employers Federation said. . http://www.businessweek.com/news/2010-09-06/u-k-manufacturing-expands-at-record-rate-eef-says.html China’s smaller-company stocks slumped today on concern the expiration of restrictions on the sale of equities will lead to a jump in supply and that share- price gains have outpaced earnings growth. http://www.businessweek.com/news/2010-09-06/china-s-smaller-companies-slide-on-valuations-stock-supply.html A painting by the 17th-century French artist Nicolas Poussin, one of a group of five that has hung in an English country house for more than 200 years, is expected to sell for as much as 20 million pounds ($31 million) at a Christie’s International December auction in London. http://www.businessweek.com/news/2010-09-06/duke-s-poussin-may-sell-for-31-million-at-christie-s.html Foxconn Technology Group Chairman Terry Gou cut his long-term growth target for the world’s largest contract manufacturer of electronics by 50 percent as demand for Apple Inc. http://www.businessweek.com/news/2010-09-06/foxconn-s-gou-cuts-long-term-sales-growth-target.html Billionaire Anil Ambani’s Reliance Communications Ltd.’s ended talks to sell some assets to GTL Infrastructure Ltd. after both sides failed to agree on a deal to create India’s second-largest operator of mobile-phone towers. . http://www.businessweek.com/news/2010-09-06/anil-ambani-s-reliance-ends-talks-to-sell-tower-assets-to-gtl.html Elpida Memory Inc. surged the most in more than a year in Tokyo after Mitsubishi UFJ Morgan Stanley Securities Co. rated the world’s third-biggest maker of computer-memory chips as “strong outperform” in new coverage. . http://www.businessweek.com/news/2010-09-06/elpida-jumps-most-in-year-on-mitsubishi-ufj-rating.html Julius Baer Group Ltd., the 120- year-old Swiss private bank, expects to double the portion of staff in Asia as it taps an “increasingly important” market for expansion, Chief Executive Officer Boris Collardi said. http://www.businessweek.com/news/2010-09-06/julius-baer-may-double-portion-of-asia-staff-to-more-than-20-.html Billionaire Anil Ambani’s plans to sell Reliance Communications Ltd.’s phone-tower assets to GTL Infrastructure Ltd. collapsed after both sides failed to agree on a deal by last month’s deadline. . http://www.businessweek.com/news/2010-09-06/anil-ambani-s-reliance-fails-to-sell-assets-to-gtl.html The euro was near a more than two- week high against the dollar before reports this week forecast to show the recovery is gaining strength in Germany, Europe’s largest economy. http://www.businessweek.com/news/2010-09-06/euro-near-two-week-high-against-dollar-on-global-growth-signs.html The three independent lawmakers courted by Australia’s two major parties after the closest national election in 70 years could split their support, giving neither the 76 seats needed to form a government and forcing another ballot, one of the independents said. http://www.businessweek.com/news/2010-09-06/australian-independents-could-split-windsor-says.html The Philippine stock index may climb to a record this year after entering a bull market as President Benigno Aquino’s pledge to cut the budget deficit and raise investments drive earnings higher, Macquarie Group Ltd. http://www.businessweek.com/news/2010-09-06/philippine-bull-rally-to-be-massive-macquarie-says.html India’s automated trading platforms to match equity buy and sell orders with the best prices on the two major exchanges will help increase turnover by boosting investor confidence, according to Credit Suisse Group AG. http://www.businessweek.com/news/2010-09-06/indian-stock-trade-matching-to-buoy-volumes-credit-suisse-says.html Transactions of used apartments at 10 of Hong Kong’s biggest private developments fell for a second straight week as sellers held out for their listed asking prices after consecutive government land auctions that beat estimates. http://www.businessweek.com/news/2010-09-06/weekly-home-sales-fall-in-hong-kong-10-biggest-private-projects.html India’s state-owned National Textiles Corp. raised its estimates for proceeds from land sales after it sold property last month for double the reserve price. . http://www.businessweek.com/news/2010-09-05/ntc-expects-to-raise-90-billion-rupees-from-mumbai-land-sales.html Households and companies will continue to reduce debt built up before the financial crisis, according to a report by the Bank for International Settlements. http://www.businessweek.com/news/2010-09-05/bis-study-suggests-households-companies-set-to-reduce-debt.html Brazil’s bond vigilantes are driving up yields on interest-rate futures as the fastest economic expansion in two decades fuels concern inflation will quicken. http://www.businessweek.com/news/2010-09-05/traders-raise-rates-for-meirelles-as-gdp-surges-brazil-credit.html Argentina’s bond risk is falling the fastest of any country as South America’s second-biggest economy heads toward its largest expansion since 1992, increasing the government’s ability to pay its debt. http://www.businessweek.com/news/2010-09-05/bond-risk-decline-outpaces-world-on-growth-argentina-credit.html European finance ministers this week will try to protect their clout at the International Monetary Fund after the U.S. unexpectedly forced a debate on which countries sit on the institution’s board of directors. . http://www.businessweek.com/news/2010-09-05/eu-to-defend-its-clout-at-imf-as-u-s-seeks-overhaul.html The Philippine stock index may climb to a record this year after entering a bull market as President Benigno Aquino’s pledge to cut the budget deficit and raise investments drive earnings higher, Macquarie Group Ltd. http://www.businessweek.com/news/2010-09-05/philippine-stocks-bull-market-to-be-massive-macquarie-says.html Barclays Plc, Britain’s second- biggest bank by assets, said it hired former JPMorgan Chase & Co. banker Helge Weiner-Trapness as head of its financial institutions group for Asia-Pacific. . http://www.businessweek.com/news/2010-09-05/barclays-hires-weiner-trapness-to-head-financials.html No rest for China's weary banking reformers. Over the summer, they got Agricultural Bank of China over the finish line, with the state-owned bank pulling off the world's largest IPO. http://www.businessweek.com/globalbiz/blog/eyeonasia/archives/2010/09/fixing_chinas_banks_the_next_round.html Elpida Memory Inc. surged the most in three months in Tokyo after Mitsubishi UFJ Morgan Stanley Securities Co. rated the world’s third-biggest maker of computer-memory chips as “strong outperform” in new coverage. . http://www.businessweek.com/news/2010-09-05/elpida-jumps-as-mitsubishi-ufj-morgan-stanley-starts-coverage.html Asian stocks rose, driving the MSCI Asia Pacific Index to the highest level in four weeks, as better-than-estimated jobs data in the U.S. eased concern that global economic growth is faltering. . http://www.businessweek.com/news/2010-09-05/asian-stocks-rise-as-u-s-jobs-report-eases-growth-concerns.html The yuan strengthened the most since June 21 as the dollar slumped and a U.S. government adviser visited China for meetings. . http://www.businessweek.com/news/2010-09-05/yuan-gains-most-since-june-21-as-obama-adviser-visits-china.html