MercoPress. South Atlantic News Agency
Stories for February 18th 2008
-
Monday, February 18th 2008 - 21:00 UTC
Subprime blues: Qatar sovereign fund buys into Credit Suisse
The Qatar Investment Authority purchases shares from Credit Suisse and is planning to invest up to 15 billion US dollars in European and US banks in the next twelve months, announced Monday Qatar Prime Minister according to Bloomberg News.
-
Monday, February 18th 2008 - 21:00 UTC
Far East steelmakers agree to pay 65% more for iron ore
Japanese and South Korean steel mills have agreed to pay Brazilian miner Vale do Rio Doce 65% more for iron ore this year. Japan's Nippon Steel and South Korea's Posco said they would pay Vale 78.90 US dollars a ton from April.
