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Platinum Rises for 6th Day in London on Demand, Supply Outlook
Jan. 8 (Bloomberg) -- Platinum rose for a sixth session in London on speculation the U.S. government’s plans to bolster the economy will boost demand at a time when companies are cutting production. Gold was little changed.

Kuwait's Global Investment defaults as crisis bites
(Adds details, background, analyst)

Bank cuts interest rates to record low but millions of homeowners miss out - and it's even worse for savers
The Bank of England today slashed interest rates to their lowest level since it was founded in 1694. In its fourth cut in as many months, it was cut to one per cent.

Kuwait's Global Investment defaults on debt
Country's biggest investment bank hopes to sign standstill agreement with creditors to reschedule debt

Public records for Jan. 8, 2009
Courthouse

Kuwait's Global Investment defaults on debt
KUWAIT — Global Investment House, Kuwait's biggest investment bank, defaulted on most of its debt in the first of several expected casualties among financial companies due to a credit crunch, just months after Kuwait rescued one of its biggest banks.

4 rural banks seek emergency loans from Bangko Sentral
Four rural banks are seeking emergency loans from the Bangko Sentral ng Pilipinas (BSP) while Wachovia Bank, the fourth biggest bank in the US, has closed its representative office in Cebu.