AstraZeneca, Lawson Software, OMX, SAS and Svolder: Nordic Equity Preview

(Bloomberg) -- The following stocks may rise or fall
in Nordic markets today. Symbols follow company names and prices
are from the close on May 25.

The Dow Jones Nordic 30 Index dropped 28.80, or 0.3 percent,
to 9013.84, as more than two shares retreated for every one that
advanced.


Read more at Bloomberg Stocks News

India's Rupee at Nine-Year High as Global Funds to Buy New Company Shares

(Bloomberg) -- India's rupee advanced to a nine-year
high, breaking 40.50 to the dollar for the first time since May
1998, on speculation overseas investors will buy stocks of local
companies offering shares in the coming weeks.

The currency rose for a second day as global funds bought
$3.7 billion more of Indian stocks than they sold this year as of
May 24, surpassing $2.9 billion of purchases in the same period
last year, according to data compiled by Bloomberg. DLF Ltd., a
New Delhi-based real-estate developer, plans to sell as much as
$2.4 billion of shares through an initial public offer starting
June 11.


Read more at Bloomberg Currencies News

Philippine Peso Gains on Growth Outlook; Benchmark 10-Year Bonds Advance

(Bloomberg) -- The Philippine peso rose on
speculation the government will say economic growth in the three
months ended March accelerated to the fastest in three quarters.
Government bonds rose.

President Gloria Arroyo, whose party is poised to win the
May 14 Lower-House elections according to exit polls, said last
week that the economy is stable and strong. The peso extended
seven weeks of gains before the central bank meets on interest
rates this week. Ten-year bond yields are at their lowest in
almost three months.


Read more at Bloomberg Bonds News

India Rupee Gains a Second Day on Speculatation Global Funds to Buy Shares

(Bloomberg) -- India's rupee advanced for a second
day on speculation overseas investors will buy equities as
companies including real-estate developer DLF Ltd., sell shares.

The currency traded near a nine-year high as global funds
bought $3.7 billion more of Indian stocks than they sold this
year as of May 24, surpassing $2.9 billion of purchases in the
same period last year, according to data compiled by Bloomberg.


Read more at Bloomberg Currencies News

Hong Kong's Export Growth Probably Accelerated on Increasing China Trade

(Bloomberg) -- Hong Kong's exports probably grew at
a faster pace in April as the city shipped more goods to and
from China.

Overseas sales rose 8.7 percent from a year earlier,
according to the median estimate of 13 economists surveyed by
Bloomberg News, after gaining 6.9 percent in March. The
government will release trade figures at 4:15 p.m. today.


Read more at Bloomberg Emerging Markets News

Bank of China Plans to Sell Yuan Bonds in Hong Kong, Enhancing City's Ties

(Bloomberg) -- Bank of China Ltd., the nation's
second-biggest lender, plans to sell as much as 3 billion yuan
($392 million) of bonds in Hong Kong in what may be the city's
first sale of Chinese currency bonds.

The debt will have a maturity of up to three years, the
Beijing-based lender said in a statement to the Shanghai Stock
Exchange today. The yuan has risen 5.8 percent in the past year
against the Hong Kong dollar.


Read more at Bloomberg Bonds News

Shanghai Copper Prices Rise by Maximum Limit on Falling Global Stockpiles

(Bloomberg) -- Shanghai copper prices rose by the
daily limit following a drop in global stockpiles of the metal
and signs of continued demand from China, the world's biggest
user of the metal.

Copper for August delivery on the Shanghai Futures Exchange
rose as much as 1,860 yuan, or 3 percent, to 63,650 yuan ($8,318)
a metric ton from the previous close by 9:15 a.m. local time.


Read more at Bloomberg Commodities News