Gold edges down, investors keep eye on Fed
Source: The Economic Times
Singapore :: Singapore | updated 2013-04-30 23:28:20 -0700 | business-news
Gold ticked lower on Wednesday on lack of physical buying and as investors waited to see if the U.S. Federal Reserve sticks to its stimulus programme to spur the economy , which could boost the metal's appeal as a hedge...
Indofood profits drop on slowdown in plantation units
Source: The Jakarta Post
Singapore :: Singapore | updated 2013-04-30 23:11:50 -0700 | business-news
Indofood booked Rp 722.37 billion (US$75.25 million) in the January-March period, a 11.4 percent decline compared to Rp 815.03 billion in the same period, last year. The company's total revenue rose 8.7 percent to Rp 12.86 trillion during January to...
Funding daily: It's wise to invest in enterprise
Source: Venture Beat
Singapore :: Singapore | updated 2013-05-01 10:05:03 -0700 | business-news
Startups targeted to businesses, rather than consumers, are increasingly closing the largest rounds...Analytics startups Clicktale and Skytree raised the most sizable sums. As our own Rebecca Grant whimsically put it in her Clicktale write-up, every mouse has a story, whether its...
Eircom eyes €310m in bond-market funding
Source: Independent
Singapore :: Singapore | updated 2013-04-30 21:50:57 -0700 | business-news
The company under chief executive Herb Hribar has hired investment banks Goldman Sachs and JPMorgan to arrange a planned issue of new high-yield bonds. The planned tranche of senior secured notes will be due to be repaid in 2020, three...
Home Prices Grow at Fastest Pace in 7 Years
Source: Asian Wall Street Journal
Singapore :: Singapore | updated 2013-04-30 18:11:34 -0700 | business-news
Sharp drops in the number of homes listed for sale and growing demand for home purchases sent U.S. home prices up by 9.3% in February from a year ago, the largest growth rate in nearly seven years, according to a...
Singaporean firm bids for Yangon Airport contract
Source: Myanmar News
Singapore :: Singapore | updated 2013-04-30 06:22:06 -0700 | business-news
Singaporean firm bids for Yangon Airport contract Singaporean construction and engineering firm Yongnam Holdings has announced that it is leading a consortium of engineering companies--Changi Airport Planners and Engineers, Tokyo-listed JGC Corporation, and itself--in submitting a proposal...
METALS-Copper drops on growth fears, c.bank easing hopes cap falls
Source: The Globe & Mail
Singapore :: Singapore | updated 2013-04-30 02:18:41 -0700 | business-news
Log in to keep reading. reuters.com Published Tuesday, Apr. 30, 2013 4:46AM EDT Last updated Tuesday, Apr. 30, 2013 4:46AM EDT * Copper down 5.6 pct so far in Apr, biggest monthly loss since May * China markets to remain...
PHL suspends importation of live shrimps from Asian neighbors
Source: GMA News
Singapore :: Singapore | updated 2013-04-29 22:40:58 -0700 | business-news
Director Asis Perez said EMS is prevalent Thailand, Vietnam, Malaysia, China and Indonesia. We are dealing with a disease unknown to us, all the more that measures must be undertaken, he said. An EMS infected shrimp usually dies within the...
Gold down as ETF holdings hit lowest since Sep 09
Source: The Economic Times
Singapore :: Singapore | updated 2013-04-30 07:23:00 -0700 | business-news
Gold slipped back into negative territory on Tuesday after bargain hunting tapered off, while daily outflows from exchange-traded funds highlighted investors' lack of confidence in the precious metal. Although gold's appeal as a hedge against inflation may be burnished by...
Santander's Embattled CEO Quits
Source: Asian Wall Street Journal
Singapore :: Singapore | updated 2013-04-29 18:35:05 -0700 | business-news
Alfredo Saenz, who helped turn Banco Santander SA from a provincial lender into a global banking power, quit his job as its chief executive Monday after a legal and political controversy over his criminal conviction for pressure he put on...
Online Ads Can Now Follow You Home
Source: Asian Wall Street Journal
Singapore :: Singapore | updated 2013-04-29 18:35:05 -0700 | business-news
But understanding their online whereabouts on smartphones or tablets has remained elusive. A number of companies are trying to better pinpoint mobile users' online activity with new software and techniques they say could help advertisers track users across devices.
Deutsche Bank Plans Capital Boost
Source: Asian Wall Street Journal
Singapore :: Singapore | updated 2013-04-30 01:43:30 -0700 | business-news
Deutsche Bank AG, in a reversal, said it will raise 2.8 billion ($3.65 billion) in fresh capital, giving in to months of pressure from investors and regulators to improve its capital base. The bank, Europe's second-largest by assets, has long...
Texas Town, Railroad Surge From Oil Boom
Source: Asian Wall Street Journal
Singapore :: Singapore | updated 2013-04-29 13:13:01 -0700 | business-news
TexasIt was a railroad that brought this tiny town into existence in 1910, when it was named after the stationmaster, William F...Today that same railroad is putting the town on the map againas an unlikely hub of the new American...
Consumer Spending Rises 0.2%
Source: Asian Wall Street Journal
Singapore :: Singapore | updated 2013-04-29 18:58:52 -0700 | business-news
S. consumer spending continued to inch ahead in March, signaling steady but slow economic growth. Personal spending, which measures purchases ranging from cars and clothes to health care and heating, rose 0.2% last month, the Commerce Department said Monday.
Singapore-based firm paying P280M to take over TSI
Source: Inquirer.net
Singapore :: Singapore | updated 2013-04-29 03:02:31 -0700 | business-news
PhilippinesAn offshore unit of Singapore-based private equity group Capilion Corp...Ltd. has agreed to pay P280 million to acquire 70 percent of information technology firm Touch Solutions Inc. The deal consists of 43.225 million shares which suggest a transaction per share...
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