Brazilian banking shares fronted broader market gains Monday after Banco Itau said it will purchase Unibanco Holdings, a transaction that will create Latin America’s biggest private banking firm and that has spurred speculation of further deals in the sector.
Brazil’s benchmark Bovespa rose 2.7% to 38,249.44, led by a 16% increase in shares of Banco [...]
By Jesse Riseborough
Oct. 27 – Minara Resources Ltd. and Kagara Ltd., the two worst-performing mineral producers on Australia’s benchmark index this year, joined global miners in reviewing spending as a slump in metals prices erodes margins.
Minara, the Australian nickel producer controlled by Glencore International AG, reduced the workforce at its Murrin Murrin mine and cut [...]
HONG KONG, Hong Kong stocks are likely to be volatile on Monday following a string of less-than-stellar corporate earnings, but the main index’s 13 percent drop last week may trigger some bargain buying from its four-year lows.
Chinese banks will be in focus after top lenders ICBC and China Construction Bank reported a sharp slowdown [...]
Chinese companies have been involved in some risky foreign currency trading as they have increasingly bought mines and rivals in Australia to secure raw supplies.
CITIC Pacific, the Hong Kong arm of the nation’s biggest State-owned investment company, made a HK$8.5 billion investment in an Australian iron ore mine last year, following a rise in [...]
Australia’s superannuation market is unique because employers must make compulsory contributions on behalf of their workers. A number of regulation changes have taken place in recent years making superannuation a highly attractive and tax friendly environment to save money.
Scope
- Assesses the value and future prospects of the financial advisory industry.
- Reviews the impact of changes [...]
NEW YORK (Reuters) – U.S. stocks jumped in a late surge on Thursday, as investors snapped up battered stocks a day after Wall Street’s worst session since the 1987 crash, while oil slid below $70 a barrel for the first time since August 2007.
Gold sank to one-month lows below $800 as funds dumped assets in [...]
New MacBooks Shine Light On Nvidia, Intel, SSDs
Apple launched its new family of MacBooks to great fanfare at its Cupertino, Calif. headquarters Tuesday. After the initial flurry of speeds and feeds, here are some thoughts about the new lineup and what it means for the industry.
Nvidia’s Big Win
The Santa Clara, Calif.-based graphics chip maker [...]
The Associated Press
OTTAWA: Canadian Prime Minister Stephen Harper sought to show he would make Canada’s financial health a priority and released an economic plan a day after his Conservative Party won re-election but fell short of a Parliamentary majority.
The results in Tuesday’s election indicated that Harper was hurt by a slow response to the global [...]
Trend Micro, Incorporated (TSE: 4704) launched its 2009 version of its flagship consumer products in Singapore today. Trend Micro™ AntiVirus, Trend Micro™ Internet Security and Trend Micro™ Internet Security Pro keep consumers’ data and personal information secure from online threats by delivering smart security solutions that can respond and adapt to users’ needs. The products [...]
Phoenix-Mesa, Dolkar Wellness is launching its exclusive website to the public. It is a compilation of over 20 years of research and experience with 12 months in development. After years of helping one person at a time, the organization is now giving their knowledge away online.
Dolkar Wellness features holistic services: telephone coaching, weight loss [...]