Jalatama Artha Berjangka News

The longer Greece avoids default, the closer European leaders come to breaking one of their oldest taboos by taking responsibility for the finances of a neighbor. Even as they resist European Central Bank President Jean- Claude Trichet’s call for a “major strengthening” of fiscal ties, European authorities are becoming the biggest holders of Greek debt. That would leave the country a virtual ward...

Prada SpA raised HK$16.7 billion ($2.14 billion) in its initial public offering, following Samsonite International SA as the second foreign issuer in a week to scale back its Hong Kong fundraising plans.The Milan-based luxury goods retailer priced 423.3 million shares at HK$39.50 each, below the middle of the marketed range, according to two people familiar with the matter. The sale values...

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 7:43 a.m. in New York.Citrix Systems Inc. (CTXS) fell 2 percent to $80.51. The software maker was downgraded to “underweight” from “neutral” at JPMorgan Chase & Co, which said the stock is expensive. The share-price estimate is $65.Expedia Inc. (EXPE) rose...