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View Full Version : China Cosco Declines on Possible Derivative Losses - Bloomberg



NewsWhore
12-16-2008, 06:00 AM
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China Cosco Declines on Possible Derivative Losses (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaY82RhGQw7Gs%26refer%3Dasia&cid=0&ei=eopHSfi8FYzK8ATNy7G5DQ&usg=AFQjCNFv7uT1gR_z9awpaHRUT6rApVSh1Q)
Bloomberg - 23 minutes ago
Citic Group agreed to assume HK$10.4 billion ($1.3 billion) of currency losses in return for convertible bonds that may double its stake in the company. ...


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