Australia

ASX Hot Stocks: GrainCorp Limited (ASX:GNC), Industrea Ltd. ASX:IDL

ASX Hot Stocks: GrainCorp Limited (ASX:GNC), Industrea Ltd. ASX:IDL SPI futures index was 31 points higher, or 0.7 per cent, to 4364. The Australian dollar is higher. It was recently buying $US1.0425, up from $US1.0377 late yesterday. The board of the RBA meets today to decide on official interest rates. A Bloomberg survey of 24 [...]

Iron Ore Expansion for Marubeni Corp TYO:8002 and POSCO NYSE:PKX

Marubeni Corp TYO:8002, POSCO NYSE:PKX and STX KOR:011810 Hancock Prospecting chairperson Gina Rinehart will sell a 30 per cent piece of Hancock Prospecting’s Roy Hill iron ore project for $3.2 billion. The move and the big name partners will easily see the balance of the funding as a debt financing. Under agreements to purchase Merubeni [...]

Why Hedge Funds and Banks Should Move to Asia

Financial Institutions around the world and especially those in Europe and the USA face a crucial set of choices about the future of their institutions. Western Governments are riddled with debt and their only way out is decades of austerity and taxes, but the new world is a mobile world, globalization has set limits on [...]

ASX Preview BHP, RIO, WBC

SPI futures index was 29 points, or 0.7 per cent lower, to 4326. But the ASX may hold on for a better day than expected as the lower dollar my fuel speculation of a better export environment. BHP will pen down around 1% today and is good buying, there was an excessive beat up in [...]

Australia Luxury Fishing Adventure

Moana III Luxury Charter Boat Moana III, is located in Cairns Marlin Marina, Queensland, Australia. Moana III, Cairns finest custom built vessel has an open permit to operate in waters up to 200NM from the coastline, from Townsville in the south, along the Great Barrier Reef and continental shelf, the Ribbon Reefs of the Coral [...]

M&A in Emerging Markets Outlook 2012

Global volumes of announced M&A deals dropped to USD 416 billion in the first quarter of 2012 from USD 737 billion a year ago, according to preliminary Thomson Reuters data, as the euro zone’s debt crisis and concerns over economic growth around the world took their toll. JPMorgan Chase & Co rose to the top [...]

Indonesia Mining Rule Will Apply to All, BHP, RIO, FCX

BHP Billiton Limited (ADR) NYSE:BHP, Rio Tinto plc (ADR) NYSE:RIO, Newcrest Mining Limited ASX:NCM, Freeport-McMoRan Copper & Gold Inc. NYSE:FCX The controversial 2009 mining law, which contains both provisions, is designed to increase the value that Indonesia gains from its vast raw materials reserves. But it joins other recent moves that appear to demonstrate greater [...]

Read More » No comment March 22, 2012

Tassal Group Limited, ASX:TGR Buy Affirmed, Target $2.50

Tassal Group Limited, ASX:TGR has been Upgraded at HCM to a buy. Shayne Heffernan issued a 2012 price target of $2.23 in August 2011. In a note to traders today the buy was affirmed, and the price target raised to $2.50. Tassal Group Limited announced an interim unfranked dividend of AUD 0.04 per share for [...]

Read More » No comment March 22, 2012

Kaboko (ASX:KAB) and Sinosteel China

Kaboko (ASX:KAB) Mining signs off-take agreement with China’s Sinosteel Australia’s mining company Kaboko Mining announced Thursday that it had signed a strategic off- take agreement with China’s steel giant Sinosteel Corporation’s subsidiary Sinosteel Australia, for exports of manganese ore to China. Under the off-take agreement, Africa-focused Kaboko has agreed to sell an initial 180,000 tons [...]

Read More » No comment March 22, 2012

Asia News and Press Release Service

Asia News Wire and Press Release Service Asia is a fast growing and significant part of the global community that many News and Press Release services fail to reach, Kris Newswire reaches them every time. Kris Newswire, is the Asia-Pacific leader in news and press release distribution. Public relations and investor relations professionals rely on [...]

Read More » No comment March 22, 2012

Investor Services

Private Equity Takes a Hit in Q1 2012

Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …