Archive for May 4th, 2011

Both bourses see contrary movements after long holiday

04-May-2011 Intellasia | AtpVietnam | 9:06 PM

After a long holiday, Vietnam stock market today resumed trading with contrary movements on both bourses Hochiminh Stock Exchange (STC) and Hanoi Stock Exchange (HNX). [...]
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Asian markets down after Wall Street drops

Asian markets down after Wall Street drops

04-May-2011 Intellasia | AP | 5:22 PM

A batch of weaker-than-expected earnings that interrupted a two-week rally on Wall Street also sent stocks lower in Asia on Wednesday. Sentiment for riskier assets also was [...]
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May Day mayhem across the globe

04-May-2011 Intellasia | The Australian | 5:18 PM

Hundreds of thousands of people across the world attended May Day rallies to defend workers’ rights, which they say are under fresh attack from austerity measures, and [...]
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Thailand’s BOT takes hawkish stand in fight against inflation

04-May-2011 Intellasia | The Nation | 5:15 PM

The Bank of Thailand has its monetary guns trained squarely at inflation, as it fears that a continued rise in the global prices of food and crude oil could fuel local price [...]
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China faces internal pressure on yuan

04-May-2011 Intellasia | OfficialWire.com | 5:11 PM

Inflation and consumer unhappiness are growing, pressuring the Chinese government to do something besides undervaluing its currency, the yuan, economists said. For years, [...]
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Prosecutors: N Korea hacked bank files

04-May-2011 Intellasia | OfficialWire.com | 5:09 PM

The North Korean intelligence agency was behind the cyberattack on a South Korean bank’s computer system last month, South Korean prosecutors said Tuesday. Prosecutors [...]
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Indonesia falls short of oil production target

04-May-2011 Intellasia | Jakarta Post | 5:08 PM

Indonesia’s target to produce 970,000 barrels of oil per day (bpd) this year seems to be more difficult to achieve following the announcement from oil and gas regulator [...]
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Resource Mining Corporation Limited (ASX:RMI) Update On Wowo Gap Exploration

04-May-2011 Intellasia | ITNews | 5:04 PM

An internationally experienced independent expert in nickel laterite exploration data and modelling has praised Perth-based specialist mineral exploration company Resource [...]
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National Aluminium seeks to buy 24pct of Indonesian coal mine

04-May-2011 Intellasia | Bloomberg | 5:02 PM

National Aluminium Co., seeking to build a smelter and a power plant in Indonesia, is in talks with two coal companies to buy a stake of as much as 24 percent in one of their [...]
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Indonesia to miss production target

04-May-2011 Intellasia | Upstream Online | 4:58 PM

Indonesia looks unlikely to hit its production target of 970,000 barrels of oil per day for the year following recent data from the country’s upstream regulator. [...]
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New Guinea Gold receives independent report for Sinivit Gold Project, PNG

04-May-2011 Intellasia | Marketwire (press release) | 4:57 PM

New Guinea Gold Corporation (TSX VENTURE:NGG)(FRANKFURT:NG8) (“NGG” or the “Company”) announces it has received the Technical Review for the Sinivit [...]
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Mixed in cautious sentiment

04-May-2011 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 3:03 PM

Stocks in Asia were mixed yesterday Tuesday May 3 amid gloom over European debt after Wall Street failed to provide any inspiration despite an initial bounce on news that [...]
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Thai king recovering after spinal tap procedure

Thai king recovering after spinal tap procedure

04-May-2011 Intellasia | AP | 2:38 PM

Thailand’s 83-year-old King Bhumibol Adulyadej is recovering from a medical procedure to relieve a condition that made him walk unsteadily. The Royal Household Bureau [...]
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Rights group slams Thailand over crackdown deaths

04-May-2011 Intellasia | AP | 2:33 PM

An international human rights group urged Thailand on Tuesday to properly investigate dozens of deaths during a military crackdown on anti-government protests last year, and [...]
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Bin Laden unarmed when shot dead: US

Bin Laden unarmed when shot dead: US

04-May-2011 Intellasia | AFP | 2:30 PM

The United States revealed Tuesday that Osama bin Laden was unarmed when US commandos shot him dead and said the Pakistani authorities had been kept in the dark because they [...]
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