In Switzerland, clients fled to smaller, less investmentbank-driven banks at the expense of the likes of UBS (UBSN.VX)(UBS.N) which made the biggest loss in the country’s corporatehistory in 2008. (Reporting by Mayumi Negishi) Stocks | Mergers & Acquisitions | Japan Stocks Mergers & Acquisitions Japan. * Banks report positive client inflows in H1 France * Conservative risk model attracts Swiss clients ZURICH, July 14 (Reuters) – Migros Bank and Coop Bank, thefinancial arms of Switzerland’s best-known supermarket chains,continued to attract inflows in first half of 2009 as clientssought refuge in lenders perceived as being more conservative Risky investments, especially in the U.S. TOKYO, July 14 (Reuters) – Japanese health goods makerHisamitsu Pharmaceutical Co (4530.T) said on Tuesday it would buyMiami-based Noven Pharmaceuticals Inc NOVN.O for $430 millionand would offer $16.50 for each Noven share. London and Washington reject the charge.(Writing by Zahra Hosseinian, Editing by Dominic Evans) World. The authorities and Mousavi blame each other for the bloodshed. Hardliners have called for Mousavi to be put on trial.Iran has accused Britain and the United States, which have criticized a crackdown on opposition protests, of interfering in its internal affairs.
Some of his relatives, including his daughter Faezeh, were arrested briefly for taking part in pro-Mousavi rallies.State media say at least 20 people were killed as protesters clashed with riot police and members of the Basij militia. But Mousavi has denounced the vote as rigged, saying the next government is “illegitimate.”The presidential election sparked days of street protests by supporters of Mousavi and exposed deepening divisions within the Islamic Republic’s leadership.Mousavi has called on authorities to release hundreds of people, including leading reformists, journalists, activists and lawyers.Rafsanjani will lead the prayers after two months of absence. It also said Mousavi had urged his supporters to attend the sermon.The country’s most powerful figure, Supreme Leader Ayatollah Ali Khamenei, upheld Ahmadinejad’s landslide win in his Friday sermon one week after the vote. This will be their first public appearance in an official event after the (June 12) election,” said the daily, citing Mousavi’s Facebook page. WorldThe Etemad daily said the prayers at Tehran University will be led by former president Akbar Hashemi Rafsanjani, a rival of re-elected hardline President Mahmoud Ahmadinejad and one of the four Tehran Friday prayer leaders.Another former president and supporter of Mousavi, reformist Mohammad Khatami, will also attend, the newspaper said.”Mousavi and Khatami will attend the prayers this week led by Rafsanjani. TEHRAN (Reuters) – Iran’s opposition leader Mirhossein Mousavi will attend Friday prayers this week in his first official public appearance since last month’s disputed presidential vote, a newspaper said on Tuesday.
“Demand is looking good, thanks to growing industrialactivity. Supply is improving as well, not only because ofsmall mines, but also due to high coal imports,” said ChenLiang, an analyst with Everbright Securities. China’s coal imports hit record high levels over 9 milliontonnes in April and May. Data for June is not yet available,but imports were likely at a similarly high level, traderssaid. “We locked our earlier contracts when prices were lower.Those contracts will expire in August. At current price levels,imported coal is no longer competitive in the domestic market,”said a Guangdong-based trader (Editing by Ben Tan) China.
