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Jakarta Stocks and Rupiah Fall

The Jakarta Composite Index, fell 23.73 points, or 0.8 percent, to 2,968.72 as of 10:02 a.m. local time, on course for its steepest drop since July 1.
Coal producers Adaro Energy, Indonesia’s second-biggest coal producer, fell 1.7 percent to Rp 1,990 and Indo Tambangraya Megah, the unit of Thailand’s largest coal miner Banpu Pcl, declined 1.2 [...]

Heffernan Inc Adds Thailand Coal Reserve

Heffernan Inc have secured a mid size coal reserve in Thailand with the intent to Joint Venture the site and export coal to China.
The acquisition of further Coal reserves is high on the list of priorities for the mining division of Heffernan Inc.
China’s reliance on coal-fired thermal power stations can do nothing but increase for [...]

Global Financial Report, Shayne Heffernan

Having hit recent lows at the end June, so called risk assets have recovered most of those losses, but there are some noteworthy deviations that strongly suggest caution remains.
Measuring the rebound, the S&P 500 has recovered the majority of its losses since the end of June, and is now eagerly re-testing the key 1075/80 breakdown [...]

ASEAN Markets

ASEAN Markets started the first session of the third quarter weaker, along with other Asian stocks and commodities, after manufacturing data showed China’s rapid growth was slowing, increased fears of a global double dip.
US stocks pared earlier losses but could not climb out of the red on Thursday, as disappointing housing and jobs data weighed [...]

Hythiam Adds UnitedHealth Group Inc. NYSE:UNH Company in Nevada to Client List that Already Includes Ford Motor Company NYSE:F

Hythiam, Inc. (OTC:HYTM) announced today that the Company has entered into a multi-year agreement with Health Plan of Nevada, Inc., a UnitedHealthcare(R) company and a leading health insurer in Nevada, to provide the Catasys(R) integrated substance dependence solution to its enrolled members. UnitedHealthcare is one of the largest health benefit plan providers in the United [...]

China Market Falls 4.27%

Chinese shares plummeted 4.27 percent to a 14-month low Tuesday on concerns capital will flow to the initial public offering of the Agricultural Bank of China (ABC).
The Agricultural Bank of China said late Monday it will offer 59.51 billion shares in Shanghai at between 2.52 and 2.68 yuan (0.37 to 0.39 U.S. dollars).
The IPO will [...]

Added to Stock Exchange of Thailand SET 50 BLA, HMPRO, IVL, TISCO, TPIPL

The Stock Exchange of Thailand (SET) has selected eligible securities as the constituents of the SET50 and SET100 indices for H2/2010 (July 1- December 31,2010). The review was based on trading data of eligible securities during June 1, 2009 to May 31, 2010, SET Group Head, Markets Division, Ms. Kesara Manchusree said.
There are five additions [...]

New York Traded ASEAN ETFs, THD, EWM, EIDO, EWS, IDX, VNM

Shayne Heffernan offers an insight into gaining some exposure in the fast growing ASEAN Market without all of the trouble of setting up new accounts to trade the various markets, here is a list of the hottest ASEAN ETFs.
iShares MSCI Malaysia Index Fund (EWM)
The Malaysia ETF is well diversified, especially for an emerging market. Four [...]

Stock Exchange of Thailand to Allow Foreign Listings

Thailand’s Securities and Exchange Commission said Monday it has approved a proposal by the Thai bourse to allow foreign companies to have their primary listing on the local market
Under the new rules, unlisted foreign-based companies will be able to have their primary listing on the Stock Exchange of Thailand, the regulator said in a statement. [...]

Abhisit Vejjajiva Popularity Soars in Thailand

Thailand Prime Minister Abhisit Vejjajiva is fast becoming the most popular PM in Thailand’s history, this week he received the highest confidence vote of any cabinet minister in a survey of people in 30 provinces, Bangkok Poll of Bangkok University.
The Bangkok Poll said it surveyed people around the nation on “How People Feel about [...]