Archive for November 14th, 2009
Asian markets endmixed involatile trade Nov 13
Asian markets were mixed in choppy trade yesterday with traders taking profits amid mixed signals, as Wall Street fell overnight despite positive economic and corporate news. [...]
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Newmont: Deadline for Indonesia unit stake sale postponed
Newmont Mining Corp. (NEM) said Friday that the deadline for the sale of a 14 percent stake in its Indonesian unit has been delayed to November 23 at the request of the [...]
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Dhaka to revive talks on Burma-India gas link
Bangladesh will restart negotiations over a long standing proposal for a pipeline across its territory that would take natural gas from Myanmar to India, a senior energy [...]
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Pertamina in talks to buy 10pct of Chevron’s Indonesian field
PT Pertamina is in talks with Chevron Corp. to buy a 10 percent stake in Ganal-Rapak deep sea oil and gas project in Indonesia’s East Kalimantan province, said Gunung [...]
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Pristine plans to build oil storage terminal in Melaka
Oil and gas storage facilities provider Pristine Oil Capital Sdn Bhd plans to invest RM900 million to build a storage terminal in Pulau Besar, Melaka. Its group chief [...]
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HK may extend its recovery with 1.9pct growth in quarter
Hong Kong’s economy probably grew for a second straight quarter, cementing the city’s recovery from its worst slump since the Asian financial crisis. Gross [...]
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NZ, HK reach closer economic partnership agreement
New Zealand has reached another free trade agreement in Asia, this time with Hong Kong, in another sign of how important the country’s near neighbours are becoming [...]
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China, Taiwan ready to sign agreement on financial cooperation
China and Taiwan are poised to sign an agreement giving their banks, insurers and brokerages wider access to each other’s markets as relations between the two [...]
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Cambodia, Thailand expel diplomats in Thaksin row
Cambodia expelled a top Thai diplomat and Thailand reciprocated Thursday, deepening a huge row over Phnom Penh’s naming of fugitive former Thai premier Thaksin [...]
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Sanyo (Thailand) in energy-product push
Sanyo (Thailand) plans to double its proportion of energy-product sales to 3 percent next year after launching new items that can help alleviate climate change. Thais have [...]
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Obama says has strategy to boost US exports to Asia
President Barack Obama said on Thursday he planned to discuss a strategy with Asia Pacific leaders calling on their countries to import more US goods and the world to rely [...]
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Burma junta leader ‘thrilled’ to be in Sri Lanka
Myanmar’s junta leader general Than Shwe said he was “thrilled” to be in Sri Lanka, where he was given a 21-gun salute and an elaborate red-carpet welcome [...]
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Obama faces strains in Japan, first stop in Asia
US President Barack Obama arrives in Tokyo on Friday for a summit where the two allies will seek to put strained security ties on firmer footing as they adjust to a rising [...]
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Korea NPS to sign $1.3b HSBC building deal
South Korea’s National Pension Service deal next week to buy HSBC’s head office building in London, an official at the world’s No. 5 pension fund said on [...]
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ICBC says applied to open Malaysia branches
The chair of the Industrial & Commercial Bank of China , the world’s largest by market capitalisation, said a stronger yuan would not be conducive to the global [...]
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