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Commodities

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 [...]

Ebeling Heffernan Stong Buy on Metals

Although investors soured on industrial metals and other commodities Friday as signs of slowing global economic growth continued to mount, Shyne Heffernan of Ebeling Heffernan issued a strong buy rating on metals and commodities.
Most prices fell after a new report concluded consumers are becoming more discouraged about the economy. The declines mirrored a broader pattern [...]

Shayne Heffernan Oil Trading Update

Oil fell in afternoon trading following U.S. Federal Reserve minutes showed concern about the economic outlook.
Crude dropped from earlier highs after the U.S. government reported that crude fell stocks at more than triple the rate analysts had projected.
U.S. crude settled down 11 cents at $77.04 after rising as high as $78.15. Crude hit a low [...]

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 [...]

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 [...]

Maj. Gen. Khattiya Sawasdipol, alias Seh Daeng Vs Army chief Anupong Paojinda

These are the opposing Generals in the Battle for Bangkok, Seh Daeng leads the black shirts (security forces of the red shirts) Anupong heads up CRES the Government protect response group.
Seh Daeng started this exchnge with a bang, launching a grenade attack on the office of army chief Anupong Paojinda on January 14, an act [...]