Archive for November 14th, 2009

Asian markets endmixed involatile trade Nov 13

14-Nov-2009 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 3:26 PM

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

14-Nov-2009 Intellasia | Dow Jones | Nasdaq | 7:01 AM

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

14-Nov-2009 Intellasia | Reuters | 7:01 AM

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

14-Nov-2009 Intellasia | Bloomberg | 7:01 AM

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

14-Nov-2009 Intellasia | Bernama | 7:01 AM

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

14-Nov-2009 Intellasia | Bloomberg | 7:01 AM

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

14-Nov-2009 Intellasia | tvnz.co.nz | 7:01 AM

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

14-Nov-2009 Intellasia | Bloomberg | 7:01 AM

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, Thailand expel diplomats in Thaksin row

14-Nov-2009 Intellasia | AFP | 7:01 AM

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

14-Nov-2009 Intellasia | The Nation | 7:01 AM

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

Obama says has strategy to boost US exports to Asia

14-Nov-2009 Intellasia | Reuters | 7:01 AM

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

Burma junta leader ‘thrilled’ to be in Sri Lanka

14-Nov-2009 Intellasia | AFP | 7:01 AM

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

Obama faces strains in Japan, first stop in Asia

14-Nov-2009 Intellasia | Reuters | 7:01 AM

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

14-Nov-2009 Intellasia | Reuters | 7:01 AM

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

14-Nov-2009 Intellasia | Reuters | 7:01 AM

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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