2011/01/17 11:20 - Expect strong markets this week, with the Australian market unlikely to wait for the US to come back from the Martin Luther King Jr day holiday. Us industrial production gains in December confirm the resilience and broad based nature of the US recovery.
2011/01/14 11:22 - European nations continued to easily sell their bonds at competitive yields to recent market rates, confirming there is no sovereign debt crisis, according to Clifford Bennett, chief economist at Herston Economics. The US dollar continued its decline, oil remained bid, and Sterling the other market favourite of the week, continued to make strong gains.
2011/01/13 11:17 - Equity markets may well have seen their lows for the year, and this is no time to hesitate according to Clifford Bennett of Herston Economics. With ASXSP200 5,000 likely to be seen very quickly, and a year-end forecast of 5,600, the risk reward opportunity is outstanding.
2011/01/12 12:08 - It is all about the Queensland floods today, and the impact will be far reaching. Investors will be understandably distracted and liquidity could become an issue, even for the Australian dollar. Should the currency start to move to quickly, Clifford Bennett expects the Reserve Bank of Australia would have to intervene to support it. Meanwhile overseas developments have been positive with both Italy and Greece easily raising funds overnight. This fears about Europe have been exaggerated, and the outlook for equity and commodity markets is quite positive. The local share market looks set for steady gains from current levels, while the Australian dollar will remain under pressure for a couple of days.
2011/01/11 12:05 - Oil and the Australian dollar are the favoured markets to watch, while Sterling and Gold are building as well. The European sovereign debt crisis is on its last legs according to Bennett, who expects more positive than negative surprises out of Europe as Greece proves it can achieve and exceed the austerity targets it has agreed with other European nations.
2011/01/10 12:20 - Clifford Bennett provides a report on unemployment numbers and the impact on the outlook of the US economy, with the impact of the economy based on the majority of the population employed resonating a positive outlook. The Australian market looking up, particularly gold and oil, Clifford recommending to watch the Oil stocks closely over the next 72hrs for significant gains. Summarizing Clifford speaks about the local and international markets, briefly touching on the ASX, US, Euro and Portugal, as well as rumours over the media articles published over the weekend suggesting France and Germany wanting to pressure Portugal to request a rescue package from Europe, in which Berlin has refuted.
2011/01/07 11:56 - Clifford Bennett from Herston Economics Provides the Australian, Asian and Global Market Overview for January 7, 2011. Mr Bennett is a leading economy forecaster and Chief Economist at Herston Economics
2011/01/06 17:36 - Chief Economist, Clifford Bennett, is widely recognized for his often market leading and insightful economic and financial market forecasts. Clifford has 25 years international experience with some of the world's leading investment banks, and was named the "world's most accurate currency forecaster" by Bloomberg News NY. Clifford is the author of "Warrior Trading" published by John Wiley & Sons New York, and frequently appears in the financial print and television media.
2010/11/02 13:20 - On November 4, 2010, global super-brand Zara is scheduled to launch a series of onlines stores throughout Austria, Belgium, Ireland, Luxembourg and the Netherlands. In addition to France, Germany, Portugal, Italy, Spain and the United Kingdom, where online sales were available since 2 September.
2010/09/24 09:01 - Linc Energy Limited (ASX:LNC) (PINK:LNCGY) today announces that Mr Brian Johnson has advised the Board that he intends to stand down as Chairman and resign from the Board at the Annual General Meeting in November this year.
2010/09/10 17:39 - Alibaba.com Limited (HKG:1688), the world's leading small business e-commerce company, today announced that it is investing in India, with the launch of its local customer service operations here to better serve the vast Indian small business community.
2010/08/17 09:59 - SAI Global Limited (ASX:SAI) (PINK:SGLOF) today announced a record net profit after tax of A$33.7M, an increase of 29.2% on last year's result. Continued organic growth plus contributions from recent acquisitions combined to produce revenue growth of 21.1% to A$392.2 million despite the impact of the stronger Australian dollar relative to the prior period. EBITDA increased to A$76.1M, up 18.4% on FY09. Operating cash inflows were strong, up 34.3% to A$51.5M.
2010/06/15 11:38 - Bow Energy Limited (ASX:BOW) (PINK:BOWYF) is pleased to announce that it has appointed Mr Peter Harbison to the position of Chief Financial Officer.
2010/03/23 13:30 - Overnight the Wall Street was stronger after the bill overhauling the US healthcare system was passed. Asian stock markets were mostly lower on Monday as Reserve Bank of India unexpectedly increased the official interest rate by 25 basis points. The Indian central bank's move has raised fears of an earlier-than-expected rate hike in China. Hong Kong's Hang Seng Index fell 2.05 per cent and South Korea's Kospi was down 0.8 per cent. But Shanghai composite edged 0.2 per cent higher. Japanese markets, which were closed for public holiday yesterday, resume trading on Tuesday.
2010/03/04 13:30 - Asian stocks saw modest gains Wednesday on hope of a bailout package for Greece. Australian market was boosted yesterday as official data showed that Australia's economy grew 0.9 per cent in fourth quarter, its fastest quarter-to-quarter pace in almost two years. Japan's Nikkei index ended up 0.3 per cent. South Korea's Kospi Composite rose 0.5 per cent. Shanghai Composite climbed 0.8 per cent higher. But Hong Kong's Hang Seng Index closed 0.1 per cent lower. Today Asian markets are likely to open flat, after Wall Street declined slightly on Wednesday.
2010/03/02 16:21 - Ashoka Buildcon has been independently certified by International Standards Certifications (ISC) against the international standard for greenhouse gas reporting, ISO 14064. The news comes following India's announcement in December last year that it would slow the growth of the nation's greenhouse gas emissions by 2020.
2010/02/12 11:00 - ABN Newswire stocks to watch today include: SAI Global Limited (ASX:SAI), Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) and Dynasty Metals Australia Limited (ASX:DMA).
2010/02/11 09:45 - SAI Global Limited (ASX:SAI) today announced a record half-year net profit after tax of $13.7M, representing an increase of 33.2% over the corresponding period.
A strong contribution from the property services business which includes a sizeable contribution from Espreon, together with continued organic growth, more than offset the adverse impacts of the stronger Australian dollar and the weaker trading conditions experienced by the standards training and automotive assurance businesses.
2009/11/24 12:58 - China Eastern Airlines (HKG:0670), a leading carrier in China, has formed a strategic alliance with Alibaba Group's (HKG:1688) Alipay and Taobao subsidiaries to expand China Eastern's capability to serve more customers through e-commerce. Under the alliance, Alipay will provide online payment support for ticket sales on the China Eastern website (www.ceair.com). China Eastern will also launch a flagship store on Taobao's Taobao Mall to sell tickets directly to customers for all domestic flight routes.
2009/11/17 16:48 - MFG.com, the largest global sourcing marketplace for manufacturers, today announced significant advancements to its online platform that are designed to create additional competitive advantages for manufacturers and suppliers of custom parts, standard components, assemblies, custom apparel and textiles.
2009/11/10 19:41 - Alibaba.com Limited (HKG:1688), the world's leading business-to-business e-commerce company, today announced unaudited financial results for the quarter ended September 30, 2009, that show the Company's continued investment in customers is resulting in strong growth in customer acquisition, driving market leadership and future revenue potential.
2009/11/02 14:36 - C Y Foundation Group Limited (HKG:1182) is pleased to announce that 2009 IEF ("International E-sport Festival") final successfully opened on 30 October 2009 in Suwon, Korea. Over 1 million visitors are expected to attend or participate in the three day e-sport event.
2009/10/23 09:38 - Alibaba.com (HKG:1688) the global leader in business-to-business e-commerce, and Macau Trade and Investment Promotion Institute (also named "IPIM") today announced a partnership, promoting e-commerce to more small and medium-enterprises (SMEs) in Macau. The signing ceremony of the partnership memorandum of understanding was held today during the 14th Macao International Trade and Investment Fair, organized by IPIM.
2009/10/22 14:22 - SAI Global Limited (ASX:SAI)(PINK:SGLOF) today announced the acquisition of Cintellate Pty Ltd, a leading global provider of compliance and risk management tools that allow companies to manage their compliance obligations and risk mitigation in the areas of safety, health and the environment (SH&E).
2009/10/22 13:00 - US shares fell overnight led by Wells Fargo. A late sell-off in financial stocks was triggered after an analyst cut his investment rating on the company, saying the quality of its earnings was pretty poor. The Federal Reserve's latest beige book, showing weak consumer spending during late summer, also weighed down the market.
2009/10/15 17:28 - Bestseller Fashion Group, member of the Danish Bestseller Group and one of the biggest clothing companies in China, has opened a flagship online store on Taobao's Taobao Mall, featuring Bestseller's popular Jack & Jones brand.
2009/09/29 09:08 - C Y Foundation Group Limited ("C Y Foundation", HKG:1182) hosted the 2009 second annual Hong Kong qualifying tournament for the International E-sports Festival ("IEF”) this past weekend, 26th and 27th September 2009. The number of participants this year was three times larger than last year's inaugural tournament, signalling the growing interest and demand for e-sports entertainment.
2009/09/23 18:17 - Grameen Trust of Bangladesh and Alibaba Group (HKG:1688)(PINK:ALBCF) have joined hands to create the Grameen China initiative, an effort to provide micro-credit financial services to China's poorest residents to create income generating opportunities and help lift them to a higher standard of living.
2009/09/10 13:00 - Overnight US stocks rose for a fourth consecutive session led by industrial stocks. But market sentiment were dented after Federal Reserve report showed that consumer spending was still soft and retail sales were flat. The report also said labour market conditions remained weak across all districts.
2009/08/27 12:35 - C Y Foundation Group Limited, a Chinese interactive digital entertainment company, ("C Y Foundation", HKG:1182), today announced that the Company entered into an Agreement ("the Agreement") with Paradise Entertainment Limited (HKG:1180) on 21 August 2009 for the subscription of 6% New Convertible Notes in the aggregate principal amount of HK$20 million with an option to subscribe for the Additional Notes in an aggregate principal amount of HK$20 million.
2009/08/18 09:50 - SAI Global Limited (ASX:SAI) will be announcing its Full Year Result at 10am on Tuesday 18 August 2009 in Sydney.
2009/08/17 11:30 - Alibaba Group and its majority-owned subsidiary Alibaba.com (HKG:1688) have entered into an agreement to inject the Business Management Software (BMS) division of Alisoft Holding Limited ("Alisoft") into Alibaba.com. Alisoft is a wholly-owned subsidiary of Alibaba Group.
2009/08/13 11:00 - China's largest down apparel company, Bosideng International Holdings Limited ("Bosideng" or the "Company"; HKG:3998, together with its subsidiaries the "Group") has won two major awards in the PRC on August 8, 2009. It has once again received the "China Mask Award" for three consecutive years at the 3rd China Brand Festival Award Presentation Ceremony. It was given the title as "Invincible General Delivering Stable Growth". On a separate occasion, Bosideng was named amongst "2008-2009 Top 10 Most Competitive Enterprises in the China Apparel Industry" by China National Textile and Apparel Council ("CNTAC").
2009/07/23 17:19 - Alibaba Group (HKG:1688) and Bank of China Holdings Limited (HKG:3988)(Bank of China) today formed a long-term strategic alliance to collaborate on several e-commerce initiatives including online payment, international business cooperation, small business financing and joint marketing.
2009/07/09 20:16 - C Y Foundation Group Limited (HKG:1182; "C Y Foundation") announced the authorized website of 'Rohan' of China (www.rohan.cn) is officially launched. C Y Foundation obtained exclusive distribution rights to distribute and market 'Rohan' in China. Rohan is a massive multiplayer online game ("MMORPG") that has been ranked one of Korea's top 10 multiplayer online games for the past three years.
2009/06/08 11:06 - China Minsheng Banking Corp., Ltd (SHA:600016)(CMBC) has launched the JCB branded "CMBC - CEA Credit Card" in cooperation with China Eastern Airlines Corporation Limited (HKG:0670).
2009/06/08 10:00 - C Y Foundation Group Limited (HKG:1182), a Chinese interactive digital entertainment company, ("C Y Foundation" or "the Group") and Network Movie Centre of the Chinese Communist Youth League are co-organizing a nationwide contest to select candidates to represent China as Ceremonial Officers at Expo 2010 Shanghai. The contest will also enable C Y Foundation to expand its customers group and promote its International E-sports Festival ("IEF") brand.
2009/05/05 16:41 - Alibaba.com (HKG:1688), the world's leading business-to-business e-commerce company, is extending its Gold Supplier membership package to suppliers globally. The Gold Supplier international edition will offer all suppliers the same opportunity to market to Alibaba.com's eight million international registered users as its Greater China paying members have enjoyed.
2009/04/24 13:00 - Yesterday the Australian shares market appeared to be decoupled from Wall Street. The local shares shrugged off the bad lead of US stocks and finished firmer with rising in all sub-sectors, as traders put more of their attention to the local news. The benchmark S&P/ASX200 was up 2%, or 74.8 points, at 3743, while the broader All Ordinaries surged 1.9%, or 68.6 points, at 3695.8.
2009/04/21 13:04 - Alibaba Group (HKG:1688)(PINK:ALBCF) The global trade in green products is increasing dramatically, according to popular searches on Alibaba.com, the world's leading B2B e-commerce company.