- Unknown Company Baikal Wins YUKOS Auction - Baikal Finance Group, an unknowncompany, won an auction for Russian oil company's YUKOS's coreasset Sunday with a $9.4 billion bid and analysts said whomeverwas behind the bid enjoyed Kremlin favor.
- Nikkei Falls, LCD Component Makers Up - Japan's Nikkei average erased openinggains to fall 0.23 percent by midsession on Thursday, as buyinginspired by a firm dollar ran out of steam whileresource-related stocks extended recent falls.
- Slowing Housing Market Is a Big Unknown - Federal Reserve Chairman Alan Greenspan sees signs of "froth" in some local housing markets, but says overall the nation doesn't appear to be in a housing bubble that could potentially burst.
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