Hong Kong Market Moves On China Mobile
August 27, 2008
The telecoms operator posts strong earnings, and investors in HK looked forward to favorable news from oil companies; elsewhere, rising oil and inlfation fears kept stocks in check.
No gas for Pluto 2 project as Woodside well turns up dry
WOODSIDE Petroleum will have to continue its search for gas to feed a proposed second production train at its $12 billion Pluto liquefied natural gas project after a potential feeder well turned up dry.
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
ASX marginally in the red
The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
ASX high at noon as Wall St soars
The Australian stock market was up at noon as News Corporation Ltd reported robust fourth-quarter and full-year results.
08/06/08
Similar news about ANZ Bank
Woodside warns against Hassle bid
Investors need to be vigilant against a dodgy share purchasers, says Woodside Petroleum Ltd.
Woodside shareholders hassled
Woodside Petroleum has warned investors to be vigilant against dodgy share purchasers.
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
Newcrest surges on energy supply deal
Newcrest says it has secured sufficient gas supplies to maintain full production at its flagship WA Telfer gold mine.
Babcock & Brown shares dive on fee flow fears
Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
WorleyParsons' billion-dollar solar plan
WorleyParsons is studying the construction of the world's biggest project producing power from the sun's heat, tapping incentives for renewable energy generation.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Red Wings reward Babcock for winning...
AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings...
BHP Billiton abandons bid for Rio Tinto
BHP Billiton Ltd., the world's biggest mining company, abandoned a hostile $68 billion takeover bid for rival Rio Tinto Ltd., blaming the global economic downturn and plunging...
Rio Tinto says it is comfortable with...
Mining giant Rio Tinto on Wednesday sought to allay concerns about its debt levels a day after bigger rival BHP Billiton abandoned a takeover bid for that reason, sending Rio's...
Woodside to invest 20 million dollars...
AFP - Australia's Woodside Petroleum will invest at least 20 million dollars in exploring for oil off South Korea's east coast, the economy ministry said Sunday.
Record oil price keeps Woodside on...
WOODSIDE PETROLEUM has maintained its annual production forecast of 80 million to 86 million barrels of oil equivalent (boe) despite producing only 17.2 million boe in the first...
Woodside's Mauritania bribe claims end
Energy producer Woodside Petroleum Ltd says it has been cleared of allegations of bribing an official while operating in the African nation of Mauritania.
Fairfax moves to unwind margin loan
THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the stock over recent weeks.
Rio Tinto posts record half-year profit
Rio Tinto Ltd., the world's third-largest mining company, said Tuesday that half-year profit more than doubled to a record on strong demand from China for iron ore and other...
Australia approves Chinalco's stake...
Australia has approved Aluminum Corp. of China Ltd.'s stake in miner and takeover target Rio Tinto Ltd., Treasurer Wayne Swan said Sunday.
Qantas full-year profit up 44%
Qantas has increased its full year profit by 44.1 per cent but says it is starting to feel the effect of higher fuel costs amid an uncertain economic outlook.
Wesfarmers expecting solid growth
Coles owner Wesfarmers has delivered a 33.6 per cent rise in annual profit and expects solid growth again this year despite a tougher economic environment.
Qantas profit up but outlook uncertain
Qantas expects a 41 per cent fall in profit this financial year as the airline faces the headwinds of rising fuel costs and a slowing global economy.
Wesfarmers denies buying a bad apple
THE managing director of Wesfarmers has denied that earnings at its supermarkets and bottle shops have gone backwards.