Tuesday, October 30, 2007

Breakfast Links

1. Chinese oil giant Sinopec loses money in oil as oil prices go up. Huh? Ohhhh. That’s why Communism blows.

2. China bans the use of "seductive" words like "foxy lady", "handsome guy" and "moneybags" in personal ads. I’m guess they prefer ones like “Single, parent honoring, female available - will produce many sons…”

3. Bank of China posts 40% rise in its nine month profit. Would have done better but took a hit in US subprime.

4. Petrobras’ finance arm prices $1 billion bond. 2018 @ 98.612 with 5.75% cpn to yield 1.67% over Treasuries.

5. JP Morgan to $2 billion to invest in Indian Infrastructure.

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