Revue de presse / a la une financiere us du 19/01/2012

Presse française boursière et financière du jeudi 19 janvier 2012. Au menu de la presse française ce matin : Financial Times - IMF requests $500bn for bail-out loans .International Monetary Fund asks member countries for more in ad hoc loans to meet expected $1trn demand for help over next two years - Greek bond talks edge closer to deal .Holders of ?200bn of Greek debt have been offered a variable interest rate on their bonds to avoid default, amounting to a 68 per cent loss - Seven charged over $62m insider trading .Hedge fund portfolio managers and analysts have been charged in a $61.8m insider trading scheme, as US authorities expand a Wall St crackdown - India to launch $35bn of public investments .Emergency stimulus to reverse decline in the economic growth rate is in response to widespread criticism of policy paralysis in New Delhi - Chinese rating agency warns on euro .Dagong Global Credit Rating warns that the European debt crisis could spiral into a currency crisis as foreign confidence in the euro collapses - Stocks firm on talk of IMF fundraising .Traders have endured a volatile day after a jumble of eurozone-linked news, macroeconomic data and corporate earnings catalysts - China signs currency swap deal with UAE .$5.5bn agreement acts as both a political statement to bolster Beijing?s ties to Abu Dhabi, and a measure to increase business in Gulf region - Asia proves bright spot in weak oil market .Consumption in the region has gone some way to make up for falling demand in Europe and the US - Oil traders delve into past to calm Gulf tensions .Strait of Hormuz, the chokepoint for a third of the world?s oil trade, was a hotspot during the so-called ?Tanker War? of 1984-88 - China?s poorest get sceptical about higher education .In China, where scholarship was seen as a path for social mobility for anyone, the rural poor view higher education with increasing disenchantment .

The Wall Street Journal - Dow Finishes Up 96 Points .Stocks rose to multimonth highs and the Standard & Poor`s 500-stock index finished above 1300 for the first time since July as home-builder sentiment hit its highest level since 2007. - Insider-Trading Probe Touches Top Funds .Federal authorities announced charges against seven people in an expanding insider-trading investigation that directly involves some of Wall Street`s most prominent money managers. Four people were arrested in New York, Boston and California. - Time to Exploit America Inc.'s Home Advantage .Picking companies that don`t have much exposure to the U.S. economy now looks like the wrong investment strategy for investing in U.S. stocks. - Goldman Shifts to Tracking Costs .Goldman Sachs, facing declining revenue amid a slump in capital-markets activities, has turned its focus to expense controls and managing the size of its divisions. - IMF Seeks More Funds to Help Europe .The International Monetary Fund wants to raise hundreds of billions of dollars to boost its financial firepower, despite U.S. resistance, to cope with the effects of Europe`s continuing debt crisis. - German, U.K. Borrowing Costs at Historic Lows .German and U.K. borrowing costs hit record lows, underscoring their growing safe-haven status after the downgrades of many euro-zone country`s last week. - Nomura Names Fixed Income Head .Nomura appointed Steve Ashley as its global fixed income head and Georges Assi as his deputy, according to a memo seen by The Wall Street Journal. - U.S., Banks Near 'Robo-Signing' Settlement .A pending settlement of an investigation into U.S. banks` foreclosure-processing problems would benefit about one million families with cuts in the amount they owe on their homes. - Kinder Weighs Piecemeal Sale of El Paso Exploration Business .Kinder Morgan, which agreed to buy El Paso Corp. for $21.1 billion last year, is exploring a piece-by-piece sale of El Paso`s oil-exploration business, as offers for the entire operation, considered to be worth as much as $10 billion, are due this week. - SEC Clears NYSE Deal .The Securities and Exchange Commission approved the proposed merger of NYSE Euronext and Deutsche Börse, adding to U.S. authorizations of a deal seen likely to be nixed by European Union regulators. - DOJ Makes 2nd Request Over Martin Bid for Vulcan .Antitrust enforcers are taking a close look at competitive issues in the market for concrete, gravel and other construction materials potentially arising from Martin Marietta`s hostile takeover bid for rival Vulcan Materials. - Pickup in Lending Lifts Big Banks .Big U.S. banks are reopening the lending spigot amid signs that an improving economy is spurring companies and individuals to borrow more. - Calpers Downsizes Housing Portfolio .Calpers, the giant California pension fund, is dumping one of its last major housing investments at a big loss. - Abu Dhabi Fund Backs UniCredit .After a rocky start, UniCredit`s $9.5 billion share sale has gained some positive momentum as more investors wade in, highlighted by a big investment in the Italian bank by an Abu Dhabi-based fund. - Building a Case for Manufacturing Relevance .Making stuff still matters. Although the rebound at U.S. factories is sometimes given short shrift, it may mean more for the economy than it is given credit for. .