Christine Gaylican

1771-1800 (out of 1946) @#!/ibtimesau ibtimesau

Korea’s LS-Nikko takes stakes in Sandfire

LS-Nikko Copper Inc, a major Korean-owned copper smelting firm, has announced it will buy 12.5 per cent shares in Sandfire Resources NL, Australian minerals exploration firm, through a share placement worth $93.9 million.

AGL Energy diverts $300m debts

AGL Energy has announced that it has successfully diverted some of its debts to the American market as a part of its scheme to make the firm’s debt maturity longer and to diversify its sources of financing.

SA Premier encourages green energy plan

Premier Mike Rann of South Australia says the federal government’s scheme to integrate more green energy into Australia’s power grid is very good news for their state.

Sydney Morning Herald now in IPad edition

Fairfax Media today announced the launch of The Sydney Morning Herald smart edition application for the iPad, an innovation in publishing that will bring a new dimension to newspaper readership that would benefit both readers and advertisers.

iiNet ups the bar with bonded DSL

iiNet has announced the release of its bonded ADSL service offering, making it the first internet service provider in Australia to provide such optimized services. The deployment of the bonded DSL technology, which can likely double network speeds by integrating two copper wire pairs, is aimed at the SME market.

Financial adviser gets banned over unregistered funds

Barry Frank Jennings, a financial adviser based in New South Wales, has been barred from providing and offering fiscal services by the ASIC (Australian Securities and Investments Commission) after allegedly giving advice to SMSF investors to place their money on unlicensed products.

Banker Colin Carlton goes missing with $3 million

A Queensland bank in the far north has called in the authorities to investigate the disappearance of more than $3 million as they also continue to look for the branch’s manager who has been missing since the previous week.

ASIC to enforce Watson and Cornwell repayment

The ASIC (Australian Securities and Investments Commission) has initiated legal proceedings in the New South Wales Supreme Court against Newcastle Palais Holdings and Empower Invest for violation of enforceable undertakings.

Santos secures $2 billion loan for LNG projects

Santos has announced that is has secured a loan facility worth $2 billion from nine banks as it pushes ahead with its projects for liquefied natural gas in spite of the previous week’s environmental holdup.

Bright Dairy offers $58 M to Synlait

Synlait Milk Ltd., a New Zealand milk processing firm, will now have better chances of doubling its capacity at its South Island plant because of a new offer from Bright Dairy & Food Co.

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