Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that global ratings agency Standard & Poor's (S&P) has affirmed the company's 'BB-' long-term corporate credit rating, while the rating ...
Tags: Metallurgy, Mineral, Energy
OIL and gas producers Santos and Origin Energy are adamant they can navigate their current periods of high capital expenditure without fresh equity raisings, despite a new interpretation from Standard & Poor's that puts extra pressure on ...
Tags: Metallurgy, Mineral, Energy, Origin Energy, gas
On April 2, Liaoning Province-based Chinese steelmaker Dongbei Special Steel Group Co., Ltd. announced that it plans to issue five-year medium-term bonds worth RMB 800 million ($128 million) on April 10. According to the announcement, ...
Tags: Special Steel, Medium-Term, Mineral
Yunnan Province-based Chinese steelmaker Kunming Iron and Steel Co. Ltd. (KISC) has announced that it plans to issue medium-term bonds worth RMB 1.1 billion ($175 million) on April 9. The period of issuance of the short-term bonds is five ...
Tags: Kunming Steel, Medium-Term Bonds, Mineral
Yunnan Province-based Chinese steelmaker Kunming Iron & Steel Group Co. Ltd. (KISC) has announced that it plans to issue short-term bonds worth RMB 1.5 billion ($239 million) on March 22. The period of issuance of the short-term bonds is ...
Tags: steelmaker, steel, Steel Group
A site that published the private information and credit reports of several celebrities and other public figures last week went offline on Sunday. The last person to have his alleged private information exposed on the site was CIA director ...
Tags: site, Social Security, pages
International credit rating agency Moody's has announced that it has downgraded Russian steelmaker Mechel's rating to B3 from B2, changing its outlook to negative from stable. Moody's stated that the downgrade reflects low coking coal ...
Tags: steelmaker, steel, Mechel
South Korean firm Samsung is to buy a three per cent stake in its Japanese rival Sharp for 10.4bn yen (£73m). Sharp has been struggling to restructure its operations as it continues to make losses; the firm has forecast its biggest ...
Samsung is to buy 3% of Sharp for $110m. Key to the deal is Samsung agreeing that it will have 'no involvement in Sharp's business development in any way or form.' It is thought that a potential deal with Foxconn foundered when the ...
Tags: Samsung, Sharp, company news
The Australian dollar has closed lower in response to weaker than expected Chinese data. At 5pm today, the currency was trading at 102.79 US cents, down from 103.13 cents on Friday. The Australian dollar touched its intraday low of ...
The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...
Tags: Australian dollar, US dollar, currency
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...
Reportedly, China's Shanxi Taigang Stainless Steel Co. Ltd. (Taigang) announced that it will issue RMB 2.5 billion of unsecured bills with a maturity of 365 days on the interbank market on February 18th. According to ...
SONY has reported its eight straight quarter in the red but says it remains on track to achieve its forecast of a full-year profit. But the results, released after reports that Sony will this month announce the late 2013 launch of its ...