Christine Gaylican

1441-1470 (out of 1946) @#!/ibtimesau ibtimesau

BRICS Summit to discuss volatile commodities

Volatile commodities that directly affect global prices will be one of the key topics to be discussed by leaders of emerging nations comprised of Brazil, Russia, India, China, and South Africa at the start of the BRICS summit in Hainan, China

Australia: Consumer confidence in rural parts high

Consumer confidence in Australia is far higher in the rural areas than those in the urban parts these past two to three months. This has been revealed in the the Westpac-Melbourne Institute consumer sentiment index published today.

How will Asian markets perform in the coming days?

Asian regional markets are mixed in the last hours of trading in Australia, Singapore, and Japan as investors kept a "wait and see" attitude and bearish sentiments spilled from European and U.S. markets.

Australia's CBD Energy forms joint venture with Chinese firms

Australian renewable energy company, CBD Energy (ASX: CBD), has disclosed to the ASX it would finalise its joint venture with two of China's largest renewable energy companies and pursue A$6-billion worth of renewable energy projects in the coming years.

Workers in Shell Clyde refinery brace for shutdown

Workers at the Royal Dutch Shell BV's fuel refinery at Clyde and Gore Bay Terminal in Greenwich, Sydney, NSW are in danger of losing their jobs as the company would likely convert its facility to a fuel import terminal.

Australia mulls tough smoking rules

Australia is closely watched by other countries in the Asia-Pacific as to how it will implement a very tough anti-smoking law that seeks to discourage the habit and promote a more healthy lifestyle.

Global Copper Supply Deficit Seen Until 2013

Mining experts are convinced that the global supply deficit could further push copper prices higher until the year 2013 to the benefit of mining companies world-wide, mining experts attending the CRU World Copper conference in Sanitago, Chile said today.

Rio Tinto strenghten's hold on Riversdale

Australia's Rio Tinto Mining Ltd has strengthened its bid obtaining 49.49 percent of all the shares of Riversdale Mining Limited (Riversdale), the company announced late Wednesday.

RBA keeps interest rates unchanged at 4.75%

The Reserve Bank of Australia has kept its benchmark interest rates at the highest level of 4.75 percent as typhoon floods continue to hamper coal mining in the Northeast and the competitive currency eases inflation fears.

Treasurer Swan not so keen of ASX-SGX merger

Singapore Exchange Ltd (SGX) has been informed that there is a big possibility that its proposal to $8.4-billion take over the local Australian bourse will be rejected by Australian Treasurer Wayne Swan.

Australia, Singapore: Least Tainted with Corruption--survey

Dealing with the government and private sector in countries Australia and Singapore were perceived to be the least tainted with corruption, a new survey made by Hong Kong-based Political & Economic Risk Consultancy, Ltd.'s (PERC) latest Asian Intelligence report indicated.

Brambles ready to complete IFCO acquisition

Australian logistics firm Brambles Ltd has announced that it has received final approval from the United States authorities to proceed with its A$1.24-billion acquisition of plastic container pooling service IFCO Systems NV.

Japan gives out water; Work resumes at Fukushima

Japanese authorities will distribute bottled water to some 80,000 families dislocated by the earthquake as that tap water may not be safe for drinking in areas near the Fukushima nuclear plant.

Qantas Air hikes fares anew

Qantas Airways has announced that it would further increase domestic, regional, and trans-Tasman flights for the second time after the forward adjustment made in February due to higher fuel prices.

U.S. halts food shipments from Japan

The United States is the first nation to suspend food imports of milk, vegetable, and fruits from Japan areas hit by the tsunami and close to the ailing Fukushima nuclear power plant, northeast of Tokyo.

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