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(AFX UK Focus) 2009-01-06 08:43 WRAPUP 1-S.Korea aims for more jobs, another rate cut seenTuesday, January 6, 2009 @ 3:05AMBy Yoo Choonsik

(AFX UK Focus) 2009-01-06 08:43 3-mth dlr interbank rate range narrows, TED spread fallsTuesday, January 6, 2009 @ 3:04AMLONDON, Jan 6 (Reuters) - Interbank lending rates for three-month dollar and euro funds were indicated in a narrower range on Tuesday, while the equivalent sterling rate range widened, Reuters data showed. The so-called "TED spread", the premium investors pay for three-month interbank lending over comparable Treasury bill yields and a closely watched measure of financial market stress, narrowed ...

(AFX UK Focus) 2009-01-06 08:56 HK shares break 3-day rally as China telcos slipTuesday, January 6, 2009 @ 3:02AMBy Parvathy Ullatil

Bond yield drops to four-year low, recoversTuesday, January 6, 2009 @ 2:52AMMassive profit-selling leads to the bounce-back. Trading in government bonds began on a euphoric note in response to the aggressive interest rate cut by the Reserve Bank of India and the government’s financial stimulus package.

GLOBAL MARKETS: European Stocks Lose Early GainsTuesday, January 6, 2009 @ 2:51AMLONDON (Dow Jones)--European stocks have lost early gains Tuesday after falls on Wall Street Monday and a mixed performance in Asia Tuesday. "Traders have returned to the market in a positive mood," said J. Wong, analyst at Investors Intelligence.

UPDATE 1-Russian gas flow to Austria plunges 90 pct-OMVTuesday, January 6, 2009 @ 2:51AMFRANKFURT, Jan 6 (Reuters) - Russian gas flows to Austria dropped 90 percent on Tuesday amid a dispute between Moscow and Ukraine, oil and gas group OMV said, but added it was using its natural gas reserves to cover the shortfall.

Czech gas flows from Russia fall significantlyTuesday, January 6, 2009 @ 2:50AMPRAGUE, Jan 6 (Reuters) - Gas supplies to the Czech Republic from Russia fell significantly overnight, the main Czech supplier said on Tuesday.

AIG seeks to modify bailout terms on selling assetsSunday, January 4, 2009 @ 12:47AMAmerican International Group Inc. is preparing to ask the Federal Reserve to relax rules on how bidders pay for assets as it tries to repay a $60 billion loan, according to a report in the Financial Times.

On heels of Legacy collapse, affecting 100,000 planholdersSunday, January 4, 2009 @ 12:24AMMANILA, Jan. 4 (PNA) -- On the heels of the collapse of Legacy Consolidated Plans Inc., a labor group on Sunday assailed both the Senate and the House for the "unwarranted delay" in the passage of the proposed Preneed Industry Code.