News
Toyota Motor Corporation (ADR), NYSE:TM a Must Own
"Toyota Motor Corporation (ADR), NYSE:TM has had a terrible few years, a recall, Earthquake/Tsunami and the Thai Floods, but now Toyota Motor Corporation (ADR), NYSE:TM is ready to start the climb back to the top, and 2012 is the year to own the stock." Shayne Heffernan said today. Heffernan Capital Management raised their 2013 target price for 2013 to $130. Toyota Motor Corporation (ADR), N ...
Dawei, Myanmar: ASEAN City of the Future
Thailand's largest construction firm, Italian-Thai Development Pcl plans to transform 250 sq kms (97 sq miles) of scrubland in southern Myanmar into Southeast Asia's largest industrial complex. The location is Dawei and remember that name, this will be a city of the future. Italian-Thai Development Public Company Limited is not a small company, they have been one of the leaders in developing ...
DJIA marks highest close since 2008,
DJIA marks highest close since 2008, NAS rises after strong Jobs Report A drop in the unemployment rate to its lowest level in three years propelled stocks higher Friday. The DJIA Jones industrial average jumped more than 130 points, drawing the average to its highest mark since before the financial crisis hit in Y 2008. The NAS index reached levels last seen in December 2000. Befo ...
Denmark's NKT, Norway's Subsea 7, sell Pipeline for US$673-M
Denmark's NKT, Norway's Subsea 7, sell Oil pipeline business for US$673-M Danish industrial group NKT Holding, and engineering company Subsea 7 of Norway, have agreed to sell their Crude Oil pipeline business, known as NKT Flexibles, for 3.8-B Danish Kroner (US$673-M). The buyer is National Oilwell Varco, a US Oilfield equipment company, NKT Holding and Subsea 7 said in a joint stock e ...
Crude Oil futures rose sharply Friday
Crude Oil futures rose sharply Friday Crude Oil futures rose sharply Friday after the US government said unemployment fell last month, boosting expectations that demand from the World's biggest Crude Oil consumer will improve. WTI Light, Sweet Crude for March delivery settled 1.48, or 1.5%, higher at 97.84 bbl on the New York Merc. Brent Crude Oil on the ICE Futures Europe ...
China Banks Can do More for Agriculture and SME's
Chinese banks urged to better serve real economy Chinese leaders Friday urged banks to improve financial services for the Country's real economy, especially agriculture and small firms. China's economic transition and restructuring have set higher requirements for the country's financial sector, Premier Wen Jiabao said in a congratulatory letter read during a ceremony held in Beijing ...
Chinese make up 80% of Malaysia's Top 40 richest
Chinese make up 80% of Malaysia's Top 40 richest 80% of the top 40 richest Malaysians are ethnic Chinese, according to data compiled by the Malaysian daily Nanyang Siang Pau. The daily named sugar trader and owner of World's largest palm oil listed company Wilmar International, Robert Kuok as the richest, with a net worth of 30.28-B Ringgit (US$10-B). The 89 anni, the World's 33r ...
UBS (NYSE:UBS ), Credit Suisse (NYSE:CS) Under Attack
Swiss regulator opens investigation against UBS and Credit Suisse The Swiss Competition Commission (COMCO) Friday declared that it has opened an investigation against UBS (NYSE:UBS ), Credit Suisse (NYSE:CS) and more than ten foreign financial institutions for "potential unlawful agreements" among these banks. COMCO said they received information that derivative traders working for a ...
Indonesia to Expand in EU
Indonesia and EU take steps to strengthen industrial ties A group of Indonesian industry associations on Thursday signed a Memorandum of Understanding (MoU) with the European Union in a bid to build closer ties between Southeast Asia's largest economy and the continent currently stuck in the economic doldrums, the Jakarta Globe reported Friday. In its 1st international business meeti ...
World Market Snap Shot UPS, MA, YUM
Red's Bull Trader Alert:The S&P 500 rose more than 2% on the week. That stands as its 5th consecutive weekly gainer, including an incrementally higher finish last week. Stocks have not had such a Strong streak of gains since the S&P 500 scored 7 straight weekly gains to round out Y 2010 and start Y 2011. The Wall of Worry rises of the past several weeks had light share volume, but in ...