2011/11/03 12:00 - Asian Activities Report for November 3, 2011 includes: Morning Star Gold NL (ASX:MCO) has resumed underground mining at its 100% owned Morning Star Goldmine in Victoria's historic eastern goldfields; Red Sky Energy Limited (ASX:ROG) has submitted an application for regulatory approval of Talma pilot well at the Kanagaroo Creek Sandstone gas discovery in north east New South Wales; Brambles Limited (ASX:BXB) announces the launch of CHEP Aerospace Solutions, the world's largest independent network of pooled unit load devices (ULDs) and repair centres; Dragon Mining Limited (ASX:DRA) announces an update of the Mineral Resource for the Juomasuo gold deposit in Finland.
2011/09/29 12:00 - Asian Activities Report for September 29, 2011 includes: Red Mountain Mining Limited (ASX:RMX) will commence a Stage II underground drilling program on 29 September 2011 at the Zhongqu project in Gansu Province, China; Atlantic Limited (ASX:ATI) has signed an agreement to undertake a development study of Vietnam's bauxite extraction and supply chain industry, particularly in the Central Highlands of the country; Rico Resources Limited (ASX:RRI) has commenced a major resource definition drilling programme at the Wonmunna Project in the East Pilbara iron ore mining region; Rift Valley Resources Limited (ASX:RFV) today announced the acquisition of two new gold projects in the Lake Victoria Goldfields region of Tanzania; Novogen Limited (ASX:NRT) (NASDAQ:NVGN) will invest US$2 million in Marshall Edwards (NASDAQ:MSHL) to support ongoing medical research; Pipavav Defence and Offshore Engineering Company Limited (BOM:533107) and Airbus will develop state-of-the-art Maintenance, Repair and Overhaul facilities and associated infrastructure in India.
2011/06/30 12:00 - Asian Activities Report for June 2, 2011: Axiom Mining Limited (ASX:AVQ) has been granted a mineral exploration licence in Vietnam; Goodman Group (ASX:GMG) announced the acquisition by Canada Pension Plan Investment Board of Goodman's 50% interest in the Interlink Project; Universal Coal plc (ASX:UNV) has received the first draft of the Bankable Feasibility Study for the Kangala coal projects in South Africa; Galilee Energy Limited (ASX:GLL) announced the first coal seam gas resource estimation for the Galilee Gas Project.
2011/01/17 18:00 - Baobab Resources plc (LON:BAO), the iron ore, base and precious metals explorer with a portfolio of mineral projects in Mozambique, is pleased to present an update on the exploration activities currently underway at the Tete iron/vanadium/titanium project.
2010/06/30 09:30 - The Australian shares Tuesday posted losses for the sixth consecutive day as Asian markets were widely lower. Chinese market dropped more than 4 per cent due to a massive sell-off after the Agricultural Bank of China offered a lower-than-expected price in its Shanghai tranche IPO. Investors feared that this could be a signal of slow-down in fresh investment into Chinese equities.
2010/06/25 09:30 - Australian share market lost momentum on Thursday, despite the change of Australia's Prime Minister pushed the market higher earlier. Resources shares surged on expectation that discussions between the government and the miners could end the uncertainty caused by the proposed mining tax. The local market ended slightly lower led by financials stocks. At the close, the benchmark S&P/ASX200 index gave up 6.4 points, or 0.14 per cent, at 4479.7 while the broader All Ordinaries index fell 5.3 points, or 0.12 per cent, to 4504.1.
2010/06/24 11:36 - Riversdale Mining (ASX:RIV) has signed a non-binding Memorandum of Understanding (MOU) with China's Wuhan Iron and Steel (Group) Corporation (WISCO) and a logistics partnership agreement with the China Communications Construction Co (HKG:1800) for the development of the Zambeze coal project in Mozambique.
2010/06/17 13:30 - The Australian stocks market was slightly lower in early trade, while Wall Street delivered a flat lead overnight. Yesterday the local market posted a strong gain of 1.2 per cent, led by materials and energy stocks.
2010/06/07 13:30 - Australian shares today extended Friday's fall, dropping massively this morning. The Asian markets were broadly lower on Monday after the Dow Jones on Friday slumped 3.2 per cent due to the refresh fears on Europe debt. The Hungarian prime minister's spokesman said the country's economy was at risk of entering a Greek-style debt crisis. The benchmark S&P/ASX 200 index plunged more than 3 per cent in early trade.
2010/06/03 13:30 - The Australian market Thursday delivered a strong opening, supported by optimism towards the US economy. The catalyst for the jump was the better-than-expected figures in pending home sales in the US, which pushed Wall Street higher overnight. The local market had been in a negative territory for three consecutive days this week. The S&P/ASX 200 index today rebounded with a 1.8 per cent jump in early trade.
2010/01/15 13:30 - Wall Street shares on Thursday shrugged off the news of disappointing economic data and rebounded from early loss. US retail sales fell unexpectedly by 0.3 per cent in December, a poor sign for the holiday shopping season. The market rise was led by technology shares as investors were expecting strong numbers from Intel.
2010/01/13 13:30 - Overnight US shares was lower on the disappointing Alcoa fourth-quarter report and profit warning from Chevron and Electronic Arts. Financial sector also fell as investors feared that a potential government levy might hurt bank profits.
2010/01/11 13:30 - US stocks was slightly higher on Friday, hitting at least 15-month closing highs despite a bigger-than-expected job loss data. US dollar was lowered on the disappointing payroll data. This week the US firms, which are widely expected to show significant improvement compared to the corresponding period last year, will kick off the quarterly earnings reporting season.
2010/01/05 13:30 - Asian shares could be lifted after US and European markets rallied overnight on optimistic outlook of 2010. Yesterday Asian markets mostly kicked off the new year with gains. Japan's Nikkei surged 1 per cent on yen's weakness and a financial lifeline to Japan Airlines. The global markets also cheered for the strong manufacturing data from China and India. However, China's Shanghai Composite fell 1 per cent on Monday over fears on inflation.
2010/01/04 13:30 - Asian shares delivered a positive opening this morning. The Asian bourses were higher in thin trade on the last day of 2009 as commodity prices rose and China pledged to maintain policies that helped pull the world economy out of recession. For the year, Hong Kong's Hang Seng Index added 52%, Australia's S&P/ASX 200 Index gained 31% in 2009 and Singapore was up 65 percent over the year. But Wall Street tumbled on the final trading day in 2009. Dow index remains down 26 per cent from its 2007 highs.
2009/12/14 09:30 - The Australian sharemarket ended the four consecutive day losing streak and closed higher on Friday in quiet trading condition. The market opened stronger on the good lead from Wall Street and made sustained gains, helped by the Chinese industrial production data suggesting demand for Australian resources will remain strong. At the close, the benchmark S&P/ASX 200 index rose 28.5 points, or 0.62 per cent, to 4635.20 points, while the broader All Ordinaries index also advanced 28.5 at 4651.40 points. For the week, the market closed down 1.4 percent.
2009/11/24 15:46 - Asian markets mostly opened higher this morning, but reversed early gains after profit taking selling. Tokyo market fell in a choppy trade despite a positive support from Wall Street. This is largely due to a stronger yen and worries over some corporate financing plans. Korean market was down as foreign investors continued to offload Seoul stocks.
2009/11/24 13:00 - US stocks posted a strong gain overnight boosted by better-than-expected home sales. Existing-home sales increased by 10.1 per cent to a 6.1 million annual rate, from 5.54 million in September, the National Association of Realtors said. The US dollar was weaker on Monday on expectations that the interest rate would remain at near zero.
2009/11/18 16:14 - Asian bourses opened mixed on Thursday after Wall Street posted a small gain overnight. US dollar's rebound provides an excuse for investors to lock in profits from the recent rallies. Hong Kong's Hang Seng Index pared its early gains this morning after a touch of a fresh 15 month high. Tokyo stocks fell on jitters over a series of corporate fund raising plans.
2009/11/12 17:30 - Asian share markets continue a winning streak on Thursday following the good leads from Wall Street. Japan's Nikkei stock index rose in early trade as exporters were lifted by confidence in global recovery. Korean central bank decided to keep rates unchanged at a record-low 2 per cent.
2009/10/13 14:31 - Toll Holdings (ASX:TOL) today announced the acquisition of Footwork Express, a Japanese express freight operator and one of the top ten domestic logistics providers in Japan.
2009/10/07 13:00 - Overnight Wall Street extended its gains on Reserve Bank of Australia's unexpected decision to raise the official interest rate. Investors saw the first rate hike in advanced economies since the global financial crisis as a key indication of recovery. The move also pushed commodities higher with gold soaring to a record.
2009/10/06 13:00 - US shares rebounded on Monday after a losing week hit by a series of disappointing economic reports. The market gained as Goldman Sachs recommended large banks and a report showed service industries returned to growth after 11 months of contraction.
2009/09/15 13:00 - Wall Street closed higher overnight on investors' buying in industrial and materials stocks. Meanwhile, the fears of trade dispute between the US and China was offset by the news that a Chinese wealth fund is in talks to take over a minority stake in the US power plant AES.
2009/08/28 13:00 - Wall Street closed with an eighth consecutive gain on Thursday, as a series of financial firms rose and energy stocks rallied on the rebound of crude oil prices. The US government figure for GDP showed that the US economy shrank at a 1 per cent annual pace in the second quarter, better than analysts' forecast of 1.5 per cent decline.
2009/08/21 17:04 - Japan Airlines Corp. (TYO:9205) is looking to team up with shipping firm Nippon Yusen KK (TYO:9101) as part of the airline's plan to return to profitability with the help of restructuring.
2009/08/20 16:21 - Brambles Ltd (ASX:BXB), the world's top pallet supplier, sees its earnings recovering while the global economy is improving. It has already benefited from growth in China and India. Increased sales revenue was achieved from the emerging businesses in these countries.
2009/08/20 13:00 - US stocks opened lower overnight due to the massive drop in Shanghai shares, which also caused a broad selloff in Asia markets. But Wall Street ended the day higher as the energy companies were boosted on hope of an improving demand. The US oil futures rose after the US Department of Energy said US oil inventories plunged unexpectedly.
2009/06/29 13:00 - The Australian share market closed firmer on Friday led by financial stocks. The benchmark S&P/ASX200 index was up 47.8 points, or 1.24 per cent, to 3903.8 points, while the broader All Ordinaries index advanced 48 points, or 1.25 per cent, to 3899.5 points. Trading volume is expected to remain at a low level before the reporting season.
2009/06/16 13:00 - The Australian shares closed lower as weaker commodities prices weighed on the resources sector. The benchmark S&P/ASX200 index fell 30.5 points, or 0.75 per cent, at 4031.7 points, while the broader All Ordinaries index shed 31.1 points, or 0.77 per cent, to 4030.4 points.
2009/06/11 13:00 - The Australian shares Wednesday posted a strong gain boosted by miners and banks. The upbeat data on consumer confidence and housing finance also helped to lift the local market. The benchmark S&P/ASX200 index rose 89.5 points, or 2.27 per cent, to 4024.4, and the broader All Ordinaries index surged 82.7 points, or 2.1 per cent, at 4016.3.
2009/05/11 13:00 - The Australian shares ended marginally higher last Friday. The benchmark S&P/ASX200 index was up 3 points, or 0.1%, to 3941.7, while the broader All Ordinaries Index rose 7.5 points, or 0.2%, to 3919.6.
2009/03/26 13:00 - Yesterday the Australian share market extended its gains despite a weak lead on Wall Street. The benchmark S&P/ASX200 rose 0.8%, or 29.3 points, at 3609.3, while the broader All Ordinaries added 0.8%, or 28.9 points, at 3546.2.
2009/02/16 13:00 - Last Friday Australian shares ended higher, capping a winning week after reports that the US government was working on a program to help troubled US home owners. The benchmark S&P/ASX200 rose 44.8 points, or 1.27 per cent, at 3,559.1, while the broader All Ordinaries gained 38.2 points, or 1.1 per cent to 3,496.7. The Obama administration's seeking to lower expectations of a quick fix to the financial crisis and the coming earnings reports may send the market to a negative territory.
2009/01/27 13:00 - On Friday, the Australian share market closed down to a near five-year. The benchmark S&P/ASX200 index was down 144.1 points, or 4.13 per cent, at 3,342.7 while the broader All Ordinaries index fell 131.6 points, or 3.83 per cent, to 3,300.3. The market is expected to stabilize today after the good leads from US and European stock markets.
2008/10/10 10:38 - Today is going to be another tough day after Wall Street stocks tumbling in late trade overnight as investors worry governments around the world will fail to avert a global recession.
2007/06/29 14:16 - WestNet Rail will today present a proposal to develop a combined rail infrastructure solution for the various iron ore projects being developed in the Mid West region of Western Australia.
2006/06/16 21:16 - Singapore Airport Terminal Services (SATS) (S58: SG) (SPASF: PNK) is fundamentally strong and is expected to contribute to aviation growth in Asia despite its recent share price plunge, according to Kim Eng Research.
Airlines & Aerospace