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February 22, 2012 -- Updated January 30, 2012 14:52 HKT

Norway and Myanmar

Norway and Myanmar

Norway to offer special privileges for Myanmar exports Norway is considering to give special privileges to commodities exported by Myanmar following the lifting of economic sanctions on the country, official media reported Thursday. The measure will be a follow-up of the lifting of the economic sanctions against Myanmar where Norwegian companies were not allowed to [...]

Read More » No comment January 30, 2012
Inflation and Indonesia

Inflation and Indonesia

Indonesia registers 3.5% inflation rate in January Indonesia’s inflation rate in January may slow to 3.5% compared with 3.79% in December, the central bank has said. “The harvest season is coming. Food prices are rising, but just a little, not much,”governor Darmin Nasution was quoted by the Jakarta Globe as saying Saturday. On month, the [...]

Read More » No comment January 30, 2012
Canadian Dollar Outlook

Canadian Dollar Outlook

Canada’s deficit shrinking faster than expected The Canadian government reported Friday that the national budget deficit stood at 17.3-B Canadian Dollars in the 1st 8 months of this fiscal year, about 1-B less than expected. Last year, the deficit was CA$26-B at the same point in the fiscal year. Last fall, Finance Minister Jim Flaherty [...]

Read More » No comment January 30, 2012
Discovery Metals Limited (ASX:DML) a Buy

Discovery Metals Limited (ASX:DML) a Buy

Australian company’s Botswana Copper project near completion Australian miner Discovery Metals Limited’s (AX:DML) quarterly activities report released Friday indicates that construction at Boseto Copper project in the northwestern part of Botswana is nearing completion. “Activities in the December 2011 quarter included finalization of off-site engineering and procurement with most items of plant, equipment and infrastructure [...]

Read More » No comment January 30, 2012
Europe’s Debt Undermines Confidence

Europe’s Debt Undermines Confidence

Europe’s fiscal readjustment may cause Global recession A readjustment of public spending in Europe could contribute to an economic slowdown and even cause a recession in the world economy, the head of the Latin American and Caribbean Institute for Economic and Social Planning (ILPES) said Thursday. “Due to the trade it has with the rest [...]

Read More » No comment January 30, 2012
SmartPhones and Samsung

SmartPhones and Samsung

SmartPhones drive record Samsung profits AAPL, SSNLF, SNE, TOSBF, SHCAY, LPL, HIT Samsung Electronics Co (PK:SSNLF) posted a record US$4.7-B quarterly operating profit, driven by SmartPhone sales, and will spend $22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rivals. The South Korean firm, the World’s [...]

Read More » No comment January 30, 2012
China to Expand in Africa

China to Expand in Africa

China is committed to expanding co-operation with Africa China will continue strengthen its co-operation with African countries, top Chinese political advisor Jia Qinglin said ahead of his visit to Ethiopia. Jia, chairman of the National Committee of the Chinese People’s Political Consultative Conference, made the remarks in a written interview with the Ethiopian News Agency. [...]

Read More » No comment January 30, 2012
South Korea and Rare Earth

South Korea and Rare Earth

South Korean depends on China for 80% of Rare Earths import South Korea saw a greater reliance on China for Rare Earth supplies in Y 2011, with China accounting for nearly 80% of South Korea’s Eare Earth imports, customs data showed Monday. South Korea purchased a total of 282 tons of Rare Earths from China [...]

Read More » No comment January 30, 2012
Trading the RMB

Trading the RMB

Shanghai to become global RMB product center by Y 2015 China plans to make Shanghai, the Country’s financial hub, a global center for innovation, transaction, pricing and clearing of RMB-denominated financial products by Y 2015, the country’s top economic planner said Monday. The plan will be part of China’s bid to build Shanghai into an [...]

Read More » No comment January 30, 2012
Morgan Stanley (NYSE:MS) a Gold Bull

Morgan Stanley (NYSE:MS) a Gold Bull

Morgan Stanley looks for Gold quarterly average price to rise thru Q-3 Y 2013 MS Morgan Stanley (NYSE:MS) says it is upbeat on Gold. While strength in the USD would be a headwind, Morgan Stanley says it anticipates aggressive US Federal Reserve monetary-policy action, including the likely adoption of QE-3 in 1-H of Y 2012, [...]

Read More » No comment January 30, 2012

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Guest: Samsung Electronics Co. (KS:005930),(PK:SSNLF)

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Guest: Internet volume and sales will double if they make online wagering legal. People will be more adjust to making online currency transactions.

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