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China New Yuan Loans unexpectedly plunged to 385.2 Bln Yuan from 1079.3 Blln in June and the lowest reading since Dec of 2009. Consensus was for a decline to 780 Bln Yuan. -Aggregate financing dropped to 273.1 Bln Yuan a steep decline from 1974.5Bln in the previous month and the lowest reading...

The net result on forex positions amounts to 5.1 bln Sfr * Watched for clues on how long it may sustain franc cap * SNB was sharply criticized for big loss in 2010 ZURICH, July 31 (Reuters) – The Swiss National Bank recorded a profit 6.5 billion Swiss francs ($6.63 billion) for the first half of...

Merrill may get $5 bln for Bloomberg stake: report ... 10,000 workers, at as much as $25 billion. Mortgage applications up 7.5% last week: MBA Applications filed for mortgages rose a seasonally adjusted 7.5% last week compared with the ... More...

Subprime Today: Merrill may get $5 bln for Bloomberg stake: report ... 10,000 workers, at as much as $25 billion. Mortgage applications up 7.5% last week: MBA Applications filed for mortgages rose a seasonally adjusted 7.5% last week compared with the ... More...

AMSTERDAM/LONDON (Reuters) - A consortium led by Royal Bank of Scotland (RBS.L: Quote, Profile, Research has launched a 71.1 billion euro ($95.9 billion) bid for Dutch group ABN AMRO, trumping Britain's Barclays in a battle for the world's biggest bank takeover. In a long-awaited move...

Mittal Plans $8.7 Bln Plant in India to Tap Iron Ore July 7 (Bloomberg) -- Mittal Steel Co., which a week ago sealed a purchase of rival Arcelor SA in the world's biggest- ever steel transaction, plans to build an $8.7 billion plant in India, to curb iron-ore costs and tap rising Asian...