Japan's Government Bonds May Gain on Speculation Consumer Prices Dropped

(Bloomberg) -- Japanese bonds may gain on
speculation consumer price data this week will reduce pressure on
the central bank to raise interest rates in August.

The inflation rate excluding fresh food slowed for a fifth
month in June, according to economists surveyed by Bloomberg News
before the July 27 release. Ten-year notes last week posted the
first gain since June as investors sought the relative safety of
government debt because of losses on securities tied to U.S.
mortgages.


Read more at Bloomberg Bonds News

Vattenfall's Brunsbuettel Nuclear Plant to Stay Shut Until Repairs Finish

(Bloomberg) -- Vattenfall Europe AG, Germany's
fourth-largest utility, will keep its Brunsbuettel nuclear plant
halted until repairs to screw anchors are complete.

Repairs tomorrow will focus on ``the part of the system that
can only be accessed when the reactor is off,'' Vattenfall
spokesman Ivo Banek said by phone today from Hamburg. ``We don't
know yet how long that's going to take. It can be a few days, or
can be much longer.''


Read more at Bloomberg Energy News

Dollar's Record-Setting Tumble Turns Into Boon for George Bush, Coca-Cola

(Bloomberg) -- Everyone from Nobel Prize laureates
to the world's biggest bond investor says the Bush administration
has reason to cheer the dollar's slide to historic lows.

The currency has lost 13.2 percent since January 2001, when
George W. Bush took office, the most under any president since at
least Gerald Ford, who left the White House in 1977. That's based
on a Federal Reserve index that tracks the dollar against the
currencies of 38 U.S. trading partners, including Germany, Japan
and Canada.


Read more at Bloomberg Currencies News

Qatar bidder picks ex-Asda man for Sainsbury -papers

(Reuters) - Campbell, 57, spent around 20 years at Asda , most
recently in the role of deputy chief executive until 2001.




The Sunday Times also said Delta Two would try to retain
Sainsbury's current chief executive, Justin King.


Read more at Reuters.com Mergers News

Saudi Aramco Shuts Ras Tanura North Product Terminal After Fire Kills Four

(Bloomberg) -- Saudi Aramco, the world's largest
state-owned oil company, closed the Ras Tanura North Product
Terminal after a fire killed four workers.

Aramco has redirected naphtha loading to other terminals in
the port complex, the Dhahran, Saudi Arabia-based company said in
an e-mailed statement today. The fire on July 19 at Ras Tanura in
the country's Eastern Province, near the Persian Gulf, also injured
12 workers, the company said in a separate statement earlier.


Read more at Bloomberg Energy News

UAE bans Togo, Czech, poultry imports over bird flu

(Reuters) - The United Arab Emirates banned on Saturday the import of all live birds and poultry products from the Czech Republic and Togo after an outbreak of the deadly H5N1 virus in both countries, the official WAM news agency said.

It said Environment and Water Minister Mohammed Saeed al-Kindi had issued the ban to prevent the spread of the deadly virus to animals or humans in the Gulf Arab country.


Read more at Reuters Africa

Nigerian interbank rates ease on cash release

(Reuters) - Nigerian interbank interest rates dropped to 7.0 percent on average at the short-end of the money market due to public sector cash inflows, ending four weeks of liquidity crunch in the market, dealers said on Friday.

The three benchmark rates -- secured Open Buy Back (OBB), call money and overnight placement -- fell to 7.0 percent each, compared with 10.5 percent for OBB and 12 percent for overnight and call last week.


Read more at Reuters Africa