Archive for May 25th, 2011
Business Briefs May 25
* Tasco Joint Stock Co (HNX-listed HUT) has recently said that it distributed 175,005 convertible bonds, accounting for 70 percent of the total volume of bond issuance, [...]
» More
VN Index slips to 386pts and HNX Index drops to 69pts
After the trading session today May 25, the VN Index lost the 400 point threshold and similarly the HNX Index also dropped to below the 70 point threshold. The liquidity [...]
» More
US looks to reduce dependence on China for critical minerals
The United States needs rare earth elements for hybrid cars, light bulbs and Tomahawk cruise missiles, and with only one domestic production plant for the foreseeable future, [...]
» More
Asian stocks fall as quake hobbles Japan exports
Plummeting exports from earthquake-hobbled Japan and Europe’s deepening debt crisis sent Asian share markets lower Wednesday. Tokyo’s Nikkei 225 lost 0.4 percent [...]
» More
Court sets another hearing on dismissing Dunkley charges
After Australian journalist Ross Dunkley made a preliminary statement to the Kamayut Court Township Court on Tuesday regarding his case of criminal assault and immigration [...]
» More
More meltdowns feared, utility says
There may be meltdowns of fuel rods in two more reactors at Japan’s quake-damaged Fukushima Daiichi nuclear plant, the plant operator said Tuesday. Tokyo Electric Power [...]
» More
Burma prisoners go on hunger strike
A group of 22 political prisoners in Yangon’s notorious Insein jail has staged a hunger strike to demand better living conditions. The prisoners said they need more [...]
» More
AirAsia profit falls on fuel, staff costs as airline expands
AirAsia Bhd. (AIRA), Southeast Asia’s biggest discount airline, said first-quarter profit fell 23 percent due to higher fuel, maintenance and staffing costs as it added [...]
» More
Nautilus to raise around C$150m in offering
TSX- and Aim-listed Nautilus Minerals, the company that plans to mine copper and gold from the seafloor, has launched a market public offering of common shares and plans to [...]
» More
Korea’s short-term external debt rises
South Korea’s short-term external debt in the first quarter rose to $146.7 billion, up $11.7 billion from the previous quarter, the central bank said Tuesday. The [...]
» More
Shell mulls Philippines LNG import project, DOE hopes for 2012 tender
The Philippines subsidiary of Anglo-Dutch major Shell is interested in participating in a proposed LNG import program in the country when a contracting round is launched, a [...]
» More
Mincor expands into PNG with $30m joint venture
Nickel miner Mincor Resources has extended its reach into Papua New Guinea (PNG) by signing a gold and copper exploration joint venture (JV) with local firm Niuminco and its [...]
» More
Statoil to buy Indonesia oil stakes
Norway-based oil group Statoil ASA (NYSE:STO) announced that it will acquire three offshore exploration licenses in Indonesia. The purchase prices of the stakes were not [...]
» More
Oil Optimization Inc commences seismic EIA In thailand
Oil Optimization Inc. (TSXV: OOI) (the “Company”) today announced that it has commenced an Environmental Impact Assessment (“EIA”) on Block L14/50, a [...]
» More
Tokyo up, thanks to Sony
Asian stock markets were mixed yesterday Tuesday May 24 as bargain hunting after heavy losses in the previous session was tempered by concerns over China’s economy and [...]
» More
