Jan. 7 (Bloomberg) -- Treasuries fell before a record $30 billion auction of three-year notes. U.S. government securities of all maturities pared losses as a private report showed U.S. companies eliminated more jobs than forecast in December.
Source: bloomberg.com

LONDON (Reuters) - Blue-chip stocks fell 1.3 percent by midday on Wednesday, as investors booked profits after a six-day winning streak, with earnings worries weighing on oil major BP and mining and banking stocks pressured.
Source: tiscali.co.uk

Processing of domestic card transactions will shift to India over the next few years with India Pay, a domestic payment system, expected to take over the activity which is so far done overseas.
Source: business-standard.com

ISTANBUL, Jan 7 (Reuters) - The Turkish Treasury has mandated Citigroup and HSBC as joint lead managers in the issue of a dollar-denominated eurobond maturing in 2017, the Treasury said on Wednesday.
Source: fxstreet.com

(RTTNews) - The stock markets in the Asia-Pacific region closed mixed on Wednesday. The markets in Japan, South Korea and Australia extended gains to close higher, while the markets in Hong Kong and India closed sharply lower.
Source: nasdaq.com

Reining in excessive management compensation will be high on the "to-do" list of the 111th Congress
Source: uk.biz.yahoo.com

Barclays Bank is to cut 400 IT jobs, including 150 in-house IT jobs and 250 contractors from its Global Infrastructure Delivery Unit.
Source: computerweekly.com

Jan. 7 (Bloomberg) -- Satyam Computer Services Ltd. Chairman Ramalinga Raju resigned after saying he falsified earnings and assets, prompting a collapse in the stock of India’s fourth- largest software services provider.
Source: bloomberg.com

Wed 07 Jan, 2009 12:28
Source: iii.co.uk

Australian banks have rushed to take advantage of the Federal Government's funding guarantee, tapping markets ahead of European and US rivals to raise more than $37 billion over the past month.
Source: business.theage.com.au