Fortescue wants to stay Australian
Iron ore miner Fortescue Metals Group Ltd executive director Graeme Rowley says the company wants to maintain its majority Australian ownership and stay profitable in the long term."We'll...
AAP -
Sunday May 18, 2008, 5:00 pm
Stocks expected to open higher
The Australian stock market is likely to open higher on Monday following gains in commodity prices, including gold, industrial metals and oil, on Friday.The Australian dollar rose to a new 24-year...
AAP -
Sunday May 18, 2008, 3:01 pm
Platinum shares down on claims forecasts
Shares in Platinum Asset Management Ltd fell more than six per cent after the funds manager said analysts expectations for its 2009 earnings were "perhaps too bullish".The international...
AAP -
Friday May 16, 2008, 4:23 pm
LAFARGE MALAYAN CEMENT REPORTS 13.2% LIFT IN Q1 PRE-TAX PROFIT
KUALA LUMPUR, May 16 Asia Pulse - Lafarge Malayan Cement
Berhad (KLSE:3794) on Thursday reported first quarter pre-tax
profit of RM66.293 million (US$20.7 million), an increase of
13.2 per cent...
Asia Pulse News -
Friday May 16, 2008, 2:48 pm
Pesticides found in Coal River
A southern Tasmanian river been shown to contain pesticides in the latest round of chemical testing.
55 rivers and streams were checked in the quarterly testing last month.
It is the State...
ABC Business News -
Friday May 16, 2008, 2:00 pm
VIETNAM FACES PAPER SHORTAGE DESPITE PRODUCTION RISE: INSIDERS
HANOI, May 16 Asia Pulse Vietnams domestic market is facing
shortages of several different types of paper despite increases
in imports and local production, industry insiders said. Although prices...
Asia Pulse News -
Friday May 16, 2008, 1:16 pm
Rio Tinto cuts NZ aluminium output to save power
SYDNEY, May 16 (Reuters) - Rio Tinto Ltd/Plc (ASX: RIO.ax)
RIO.L said it will cut aluminium output by about 10 percent
indefinitely at its 350,000 tonnes a year Tiwai Point, New
Zealand, smelter...
Reuters Finance News, Australia -
Friday May 16, 2008, 12:30 pm
PAKISTAN'S LUCKY CEMENT, KUWAITI FIRM SIGN CLINKER MOU
KARACHI, May 16 Asia Pulse - Lucky Cement has signed a
Memorandum of Understanding (MoU) with Kuwait's Noor Financial
Investment Company (Noor) for the supply of 500,000 tonnes
clinker per annum for...
Asia Pulse News -
Friday May 16, 2008, 11:30 am
TAIWAN LABOR AGENCY DEFENDS POLICY AS PROTECTING WORKERS' RIGHTS
TAIPEI, May 16 Asia Pulse - The Cabinet-level Council of
Labor Affairs (CLA) has defended its labor policy during the
eight years of Democratic Progressive Party (DPP) rule,
providing a wide array of...
Asia Pulse News -
Friday May 16, 2008, 10:54 am
CCA's Confidence For 2008
The market got a taste for the earnings outlook for Coca-Cola Amatil yesterday after shareholders at the AGM were told to expect "high single digit growth in net profit" for the 2008...
Australasian Investment Review -
Friday May 16, 2008, 8:48 am
China industry group attacks Rio iron ore sales
(Rewrites, adds comment, details)
By Alfred Cang and James Regan
SHANGHAI/SYDNEY, May 15 (Reuters) - China's steel mills and
trading companies on Thursday were urged to boycott iron ore
mined by...
Reuters Finance News, Australia -
Thursday May 15, 2008, 9:58 pm
Japan/UK Inflation Surges
Inflation might be of emerging concern to the US, but in Japan it's a real problem now, which shows no sign of slowing. Figures released yesterday show that Japan's wholesale prices again rose...
Australasian Investment Review -
Thursday May 15, 2008, 8:39 pm
China steel group opposes Rio Tinto spot ore sales
(Adds Rio comments, statement details, background)
By Alfred Cang and James Regan
SHANGHAI/SYDNEY, May 15 (Reuters) - The China Iron and Steel
Association on Thursday urged Chinese steel mills and...
Reuters Finance News, Australia -
Thursday May 15, 2008, 7:10 pm
SOUTH KOREA'S KUMHO TYRE REPORTS DERIVATIVES LOSS OF US$25.7 MLN
SEOUL, May 15 Asia Pulse - Kumho Tyre Co. (KSE:073240),
South Korea's second-largest tyremaker, said Thursday it lost
27 billion won (US$25.7 million) in the first quarter of this
year due to its...
Asia Pulse News -
Thursday May 15, 2008, 6:16 pm
First Fortescue iron ore to China amid stake talk
(Recasts, adds CEO comment)
By James Regan
SYDNEY, May 15 (Reuters) - Fortescue Metals Group Ltd
(ASX: FMG.ax) said on Thursday it had shipped its first iron ore
with a consignment to the...
Reuters Finance News, Australia -
Thursday May 15, 2008, 4:53 pm
