Asia
Asia
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Rourkela Steel Plant Signed an MoU with Akshaya Patra Foundation
Jan 5, 2013PTI reported that Rourkela Steel Plant signed an MoU with Akshaya Patra Foundation for a project to provide mid day meal to about 45,000 school students from Lathikata and Bisra blocks as well as Rourkela Municipality. RSP sources ...
Tags: School Children, Foundation, CEO of RSP's
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Silver Lake Resources Has a New Substantial Shareholder in The Blackrock Group
Jan 5, 2013Silver Lake Resources has a new substantial shareholder in the Blackrock Group,which holds 11.47 million shares or a 5.01%interest in the company. Blackrock had acquired 8.9 million of its shares for about USD 39.7 million between ...
Tags: Crafts, Blackrock, Substantial Shareh
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Nouri Al-Maliki Has Warned The Largely Sunni Protesters to Stop Their Demonstrations
Jan 5, 2013Nouri al-Maliki, Iraq’s Shia prime minister, has warned the largely Sunni protesters to stop their demonstrations. The move comes as powerful Shia cleric Moqtada al-Sadr voiced his support for the Sunni protests. Maliki has ...
Tags: Nouri al-Maliki, Sunni, warning, Iraq
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Get The Full Picture of Iraq
Jan 5, 2013It’s always nice to start the year with some good news, and you’ll find plenty of it in this week’s newsletter. For example, in recent days the French company Schneider Electric has won a $74-million order to build ...
Tags: Iraq, marketing services, Iraqi economy, Elsewedy Electric
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The Provincial Government Intends to Open a Border Crossing with Saudi Arabia
Jan 5, 2013By John Lee. Informed sources in Basra claim that the provincial government intends to open a border crossing with Saudi Arabia with the aim of increasing exports. Both NINA news agency and Aswat al-Iraq report that the crossing will be ...
Tags: Basra, Saudi Arabia, exports, economy
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Iraq's Minister for Electricity signed a $74-million contract with France's Electric
Jan 5, 2013By John Lee. Iraq’s Minister for Electricity has signed a $74-million contract with France’s Schneider Electric to install 20 electricity substations in four southern provinces. Ministry’s spokesperson Musaab ...
Tags: Iraq, Electricity, Iraq economy, energy
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The Festive Period Brought The Inevitable Slowdown in The Number of New Deals Concluded
Jan 5, 2013The festive period brought the inevitable slowdown in the number of new deals concluded - after the record-breaking year about to finish. As such, local markets could perhaps be forgiven for the break in pace. Deliveries continued aplenty ...
Tags: Ship Breaking Industry, Ship Breaking, India, China
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The Changed Price of 100 Spot Commodities in China on 27/12/2012
Dec 31, 2012It was assessed by SunSirs that in the tracked 100 spot commodities,30 commodities increased in prices, 15 fell and 53 remained unchanged on 27/12/2012.The largest rises were Iron ore (2.54%),Natural rubber (0.91%),Steel I bean ...
Tags: China, 100 spot commodities price, China economy, commodities
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CEPD Flashed a Yellow-Blue Light
Dec 31, 2012Taipei, Dec. 28, 2012 (CENS)--The Cabinet-level Council for Economic Planning and Development (CEPD) flashed a yellow-blue light, for the third straight month, for Taiwan’s business status in November, indicating the economy is still ...
Tags: Taiwan, business status, recovery, economy
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The Industrial Profits of Enterprises Above Designated Size Achieved 4,662.5 Billion Yuan
Dec 31, 2012From January to November, the industrial profits of enterprises above designated size achieved 4,662.5 billion yuan, a year-on-year increase of 3.0 percent. In November, the industrial profits of enterprises above designated size achieved ...
Tags: industrial profits, industrial enterprise, economy, business
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Uttam Galva Group Would Turn Around The Fortunes of The Acquired Company
Dec 29, 2012Economic Times reported that Uttam Galva group,which recently acquired majority stake in the ailing Lloyds Steel,would turn around the fortunes of the acquired company and planned to double its operating profit in about a year. Mr ...
Tags: Lloyds Steel, Economic
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CITI Has Ended Rival UBS's 11-Year Streak at The Top of The Stockbroking Heap
Dec 29, 2012CITI has ended rival UBS's 11-year streak at the top of the stockbroking heap, as brokers warn that an imminent uptick in market activity is unlikely after the worst year since 2005. "I would say next year will be similar to this year in ...
Tags: CITI, an imminent uptick, stockbroking heap
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Finance Company Limited Has Negotiated a Second Line of Credit of USD 1.2 Billion
Dec 29, 2012PTI cited Mr SK Goel CMD of IIFCL as saying that India Infrastructure Finance Company Limited has negotiated a second line of credit of USD 1.2 billion from Asian Development Bank for spending in various sectors. Mr Geol said that"We have ...
Tags: IIFCL, government, USD, credit line
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Sundance Resources Underscored The Long Term Value of Its West African Iron Ore Project
Dec 28, 2012West Australian quoted Sundance Resources has underscored the long term value of its West African iron ore project,saying that a reserve upgrade on the Congo side of the Mbalam-Nabeba venture has the potential to push the first stage mine ...
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Export Quantity in November Was 3,518 Thousand Tonne up by 16.4%
Dec 28, 2012The Ministry of Finance of Japan released on 19th statistics on steel export and import(preliminary)in November,2012.According to this,export quantity in November was 3,518 thousand tonne up by 16.4%from the previous month,and also up ...
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