Market Currents

• Tuesday, October 20, 2009

• 11:16 AM In the latest in a series of China-U.S. trade disputes, China's Ministry of Commerce took preliminary measures to impose tariffs on certain nylon imports from the U.S. The ruling affects imports of Nylon 6, used to manufacture a variety of products, including toothbrushes and chiffon. Affected U.S. firms include BASF's (BASFY.PK) U.S. arm and Honeywell (HON). 5 Comments

• Monday, September 15, 2008

• 08:08 AM BASF SE (BASFY.PK), the world's largest chemical company, buys Ciba Holding (CSBHY.PK) for $5.5B in an effort to help its troubled paper division. The offer is a 32% premium on Ciba's closing price on Friday. Comment!