Asia Posts Modest Gains Wall Street Journal By MYRA P. SAEFONG, SHRI NAVARATNAM And PHILIP VAHN | Asian markets saw broad but modest gains Wednesday, with strength in commodity plays and upbeat economic data helping to lift Australia's benchmark stock index to its highest level in more than five weeks. | Weakness in property stocks helped fue...
Asian Markets Mixed; Nikkei Down 0.1% Wall Street Journal By COLIN NG And LESLIE SHAFFER | SINGAPORE -- Asian stock markets traded mixed Tuesday after a lackluster performance from Wall Street, with resources stocks retreating around the region. | Many investors were also looking to China for cues, and some...
BHP shakes up coking coal sales system The Daily Telegraph Australia | SALES of coking coal may be changed forever after BHP Billiton announced many of its customers had agreed to embrace short-term pricing. | BHP is the world's largest seller of coking coal, which is essential for steel making, and has been pressing ...
Resources, Arrow Energy Up Wall Street Journal By SHRI NAVARATNAM And WEI-ZHE TAN | SINGAPORE -- Asian share markets were mostly higher Monday with resource-related stocks in the region gaining on higher commodity prices and Australia's Arrow Energy surging on corporate action. | "Positive noises...
JFE agrees to 55 pct rise in coal price April-June The Guardian * Agrees to pay $200 a tonne for April-June * Not scrapping annual contract - JFE (Adds details, background) TOKYO, March 5 (Reuters) - Japan's JFE Holdings Inc, the world's sixth-biggest steelmaker, said on Friday it had agreed with BHP Billiton to ...
JSE firm amid positive global sentiment Business Report | Submit your comment | The JSE started in the black on Friday tracking a firm undertone in global markets despite a strong rand capping mining stocks. | At 9.21am the JSE all share index was up 0.20 percent, with resources flat, up 0.04 perce...
Deal to exploit Qld gas reserve Papua New Guinea Post | MELBOURNE: Coal seam gas explorer WestSide Corporation Ltd is set to make the jump to producer after striking a deal with Japanese giant Mitsui to exploit a reserve in Queensland's giant Bowen Basin. | WestSide will pay $26.8 million to take a 51 p...
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Caterpillar Expects Higher Sales and Revenues and Profit in 2010 redOrbit Posted on: Wednesday, 27 January 2010, 06:30 CST | PEORIA, Ill., Jan. 27 /PRNewswire-FirstCall/ -- Caterpillar Inc. (NYSE: CAT) today announced sales and revenues of $32.396 billio...
Yen hits 9-mth high vs euro, 5-wk peak on US$ The Guardian * Yen rallies as stop losses triggered in euro/yen pair * Yen-funded carry trades unwound as risk appetite suffers * Obama's plans to regulate banks further hits sentiment By Charl...
Commodities Boost Asian Stocks Wall Street Journal By SHRI NAVARATNAM | SINGAPORE -- Asian shares were mostly higher Wednesday on easing concerns over debt-strapped Greece, with commodities plays supporting markets in Australia and Japan. | "Market sentiment continues to improve, helped by firmer dat...
Commodities Lead Australia, Japan Wall Street Journal By SHRI NAVARATNAM | SINGAPORE -- Asian shares were mostly higher Wednesday, with commodities plays supporting markets in Australia and Japan. | Australia's S&P/ASX 200 was up 0.7%, Japan's Nikkei 225 was off 0.1%, South Korea's Kospi Composite r...
Chaos could be looming as China pushes for "unified price" for iron ore Mineweb BEIJING (Reuters) - | China, the world's largest consumer of iron ore, is pushing for a "unified price" to rein in its chaotic market in the commodity, but its woes stem from a long conflict between state-owned mills and private operators...
Asia stocks up for third day, Aussie dollar slips Business Report | * Lower volatility, improved outlook help Asia tech stocks | Submit your comment | Asian shares climbed for a third session on Tuesday, led by tech stocks, while the Australian dollar slipped on uncertainty about the pace of future interest ...
GLOBAL MARKETS-Asia stocks up on tech; focus on RBA decision The Guardian * Lower volatility, improved outlook help Asia tech stocks * Ausssie dollar down ahead of RBA; rate decision seen close * HSBC falls 6 pct after disappointing results * Copper prices ease By Kevin Plumberg HONG KONG, March 2 (Reuters) - Asian shares ...
Asia Pacific markets Business Report | Submit your comment | Stocks climbed for a second day yesterday, as JPMorgan Chase boosted ratings on Japan's largest banks and as mining companies gained on higher metal prices. | The MSCI Asia Pacific index rose 0.8 percent to 119.03 point...
Canon says China may become top camera market in 2015 China Daily | Canon Inc expects China's camera market to become the world's largest as early as 2015, overtaking the US, its head of the business said. | Canon, the world's biggest camera maker, is doubling the number of outlets and boosting its marketing workforce in the Asian nation to tap the company's major fastest-growing market, Masaya Maeda, said in an ...