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Europe Awaits Italy Bond Sale; Markets Flat

Italy was set Thursday to test fragile investor confidence in the euro zone's ability to heal its debt problems, with a sale of bonds, while weaker Chinese trade data acted as a reminder of broader economic problems.
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California may see changes to pricey water bond

Concerned about voter angst over California's finances, lawmakers say they may need to overhaul a ballot measure that would provide $11.1 billion for a slew of long-awaited water projects.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

BRICS exchanges to cross-list indexes

Stock exchanges from six of the world's largest emerging markets will join forces to cross-list equity indexes derivatives, to target investor demand for fast-growing economies.
A South African child holds a 50 rand note in a file photo

ANC Treasurer General likes weaker rand

The recent weakness of the rand will benefit South African exporters and is positive for the economy, the treasurer general of the ruling African National Congress said on Wednesday.
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RIM Investor Jaguar Financial Clamoring for Changes Amidst Global BlackBerry Outages

Plagued by a second day of service outages spanning four continents, Research In Motion's (RIM) management is facing a precarious time in the days ahead. In early September, investor and merchant bank Jaguar Financial released a statement saying it was raising support amongst BlackBerry partners for the sale of a portion of the company or some other method of maximizing shareholder value.
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Chinese Stocks Lead Bounce in Asian Markets

A rebound in Hong Kong and Shanghai shares helped lift most Asian stocks into positive territory Wednesday, but concerns that Europe's debt crisis has hurt confidence in the global economy and is weighing on corporate earnings limited gains.

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