Rolls-Royce says Asia market picking up
Rolls-Royce says the market for its super-luxury cars is picking up dramatically across Asia as the effects of the global financial crisis recede."We're fast coming out of the financial...
AAP -
Saturday November 21, 2009, 7:09 am
Protesting Indian sugar farmers paralyse capital
NEW DELHI (AFP) - Thousands of Indian sugar cane farmers staged a massive demonstration in the national capital, halting traffic as they demanded higher prices for the crop.The dispute, testing the...
AFP Finance News -
Friday November 20, 2009, 12:26 am
Michelin to build tyre plant in India
French tyre maker Michelin announced on Monday plans to invest nearly $US900 million ($A963.6 million) to build a plant to supply tyres to India's fast-growing vehicle market.The plant will make...
AAP -
Tuesday November 17, 2009, 10:07 am
IPL Cuts Asset Values, Sees Tough 2010
Incitec Pivot did some house cleaning on asset values for 2009 and ended up reporting a loss for the September 30 financial year. It was a tack the market liked and the shares rose 6.5%...
Australasian Investment Review -
Tuesday November 17, 2009, 8:08 am
Michelin to invest $867 mln in Indian tyre plant
NEW DELHI (AFP) - French tyre maker Michelin on Monday announced plans to invest nearly 900 million dollars to build a tyre plant to supply India's fast-growing vehicle market.The plant will make...
AFP Finance News -
Tuesday November 17, 2009, 2:48 am
India fraud office to prosecute Satyam founder
NEW DELHI (AFP) - India's fraud office will file charges this month against the founder of outsourcer Satyam after he admitted to falsifying profits in the nation's biggest corporate fraud, a...
AFP Finance News -
Tuesday November 17, 2009, 12:20 am
Commodities: Oil Weak
Gold extended its record breaking run, oil was weak, but the big mover in commodities was the sharp rise in the freight market late last week. The Baltic Dry index, the global benchmark for...
Australasian Investment Review -
Monday November 16, 2009, 8:31 am
China's Recovery Getting Stronger
Good news for Australia, China's strong economic growth remains on track after more solid economic stats for October. House prices, industrial production and retail sales were all stronger...
Australasian Investment Review -
Thursday November 12, 2009, 8:45 am
AXA in The AMP's Sights: More To Come
Last week it was a $6.8 billion joint bid for Transurban, the big toll road operator, from two large Canadian pension managers that made local investors sit up and think about further takeover...
Australasian Investment Review -
Tuesday November 10, 2009, 8:28 am
Corporates
Coal hopeful, Rocklands Richfield said yesterday that a higher offer from Jindal Steel & Power of India isn't superior to a $154 million bid from China's Meijin Energy...
Australasian Investment Review -
Tuesday November 10, 2009, 8:22 am
India's Reliance 'in talks for major US takeover'
MUMBAI (AFP) - Indian refining giant Reliance Industries is in talks with stricken US petrochemicals group Lyondell-Basell to buy some of its US assets, a source told AFP on Monday.The purchase,...
AFP Finance News -
Monday November 9, 2009, 11:52 pm
Improve ties with China and India: Woodside boss
Woodside and National Australia Bank Chairman Michael Chaney is predicting two of Western Australia's largest export customers will double their economies in the next decade.
Mr Chaney told a...
ABC Business News -
Monday November 9, 2009, 2:18 pm
Territory to sell India Resources stake
Territory Resources Ltd has agreed to sell its stake in India Resources Ltd, as it moves to cut its debt.The deal includes the sale of Territory's 8.5 per cent interest in India Resources for...
AAP -
Monday November 9, 2009, 1:38 pm
Indian PM hopes for 7% growth next year
The Indian government is pushing ahead with economic reforms aimed at achieving a growth rate of more than seven per cent next year but will make sure the benefits reach the poor, Prime Minister...
AAP -
Monday November 9, 2009, 12:51 pm
Gold's Big Week: Clears $US1100 an ounce
Gold futures finished at a record close on Friday, after earlier topping $US1,100 an ounce for the first time. It was an historic week for the metal. Traders expect it to go back above...
Australasian Investment Review -
Monday November 9, 2009, 8:25 am