Australian Economy

Asian Activities Report for December 5, 2011: Chow Tai Fook to IPO on Hong Kong Stock Exchange

🕔12/5/2011 12:30:38 PM

Asian Activities Report for December 5, 2011 includes: Chow Tai Fook Jewellery Group Ltd. is preparing to launch what may become Hong Kong's biggest initial public offering in 2011; Nissan Motor Co., Ltd. (TYO:7201) announces that its 100% electric Nissan LEAF has won the Car of the Year Japan 2011-2012 award at the 42nd Tokyo Motor Show; Exoma Energy Limited (ASX:EXE) confirms that its recent Katherine-1 well in the Galilee Basin in Central Queensland has the potential to be a significant onshore oil resource; Phoenix Gold Limited (ASX:PXG) announces the results of its latest drill programme completed at the Castle Hill Project in the Goldfields region of Western Australia.

Read Full Article

Asian Activities Report for December 2, 2011: Panasonic (TYO:6752) to Launch a New Residential Power Storage System in Japan

🕔12/2/2011 12:01:43 PM

Asian Activities Report for December 2, 2011 includes: Panasonic Electric Works, a Panasonic Group (TYO:6752) company, is to launch a new residential power storage system in late December in Japan; Treasury Wine Estates Limited (ASX:TWE) has appointed Michelle Terry as Managing Director Lindeman's; Algae.Tec Limited (ASX:AEB) will build its first algae to biofuels production facility in Asia; Haranga Resources Limited (ASX:HAR) says today that drilling at the Bayantsogt Prospect within the Selenge Iron Ore Project in Mongolia has intersected significant widths of iron mineralisation; Corazon Mining Limited (ASX:CZN) announces that results from the latest phase of drilling at the Lynn Lake Nickel Sulphide Project in Canada have defined further significant nickel-copper mineralisation.

Read Full Article

Asian Activities Report for December 1, 2011: Asahi Group (TYO:2502) to Acquire Australian Bottled Water Company Mountain H2O Pty Ltd

🕔12/1/2011 12:00:36 PM

Asian Activities Report for December 1, 2011 includes: Asahi Group Holdings Ltd (TYO:2502) has conditionally agreed to acquire Mountain H2O Pty Ltd, a bottled water company in Australia that produces high quality spring water; China Longyuan Power Group Corporation Limited (HKG:0916) has received governmental approval for the 49.5 megawatt Shaanxi Qingling Guanritai Wind Power Project; Virgin Blue Holdings Limited (ASX:VBA) and Singapore Airlines (SIN:C6L) will enter into an integrated network aviation alliance; Nufarm Limited (ASX:NUF) has completed the acquisition of Seeds 2000, Inc., a sunflower seed research and production company in USA.

Read Full Article

Asian Activities Report for November 30, 2011: CapitaMalls Asia Limited (HKG:6813) Donates Over HK$3.1 Million to Underprivileged Children in Asia

🕔11/30/2011 12:00:26 PM

Asian Activities Report for November 30, 2011 includes: CapitaMalls Asia Limited (HKG:6813) is donating more than HK$3.1 million to nearly 19,000 underprivileged children in Singapore, China, Malaysia, Japan and India this year; Mazda Motor Corporation (TYO:7261) has launched the special edition Mazda Premacy '20S Prestige Style' in Japan; Neon Energy Limited (ASX:NEN) has completed the drilling phase of the Paloma Deep well onshore California; Aquila Resources Limited (ASX:AQA) has completed a Definitive Feasibility Study for the Gravenhage Manganese Project in South Africa.

Read Full Article

Asian Activities Report for November 29, 2011: Bank of Communications (SHA:601328) Opens Sydney Branch

🕔11/29/2011 12:30:03 PM

Asian Activities Report for November 29, 2011 includes: The Bank of Communications Co., Ltd. (SHA:601328) (HKG:3328), a leading commercial bank in China, has officially opened its first branch in Sydney, Australia; Trend Micro, Inc. (TYO:4704) and the International Cyber Security Protection Alliance ("ICSPA") will establish a "global cyber nation" in Washington D.C. today to coordinate the international fight against cybercrime; Arc Exploration Limited (ASX:ARX) has commenced exploration field work at its Bima Project in Indonesia; WCP Resources Limited (ASX:WCP) has received encouraging rock chip assays at the its 100%-owned Yalgoo gold project.

Read Full Article

Asian Activities Report for November 28, 2011: Toyota Motor Corporation (TYO:7203) Unveils Newest Sports Car "86"

🕔11/28/2011 12:00:43 PM

Asian Activities Report for November 28, 2011 includes: Toyota Motor Corporation (TYO:7203) has unveiled its newest model of sports car "86"; United Company Rusal Plc ("UC RUSAL") (HKG:0486), the world's largest aluminium producer, has signed an agreement to purchase a 33% stake in Shenzhen North Investments Corporation Limited; Bathurst Resources Limited (ASX:BTU) announces its first export shipment of coal from the Buller Project; Australian resources company GBM Resources Limited (ASX:GBZ) has discovered broad zone of Rare Earth Element and Yttrium mineralisation at the Milo Project.

Read Full Article

Asian Activities Report for November 23, 2011: Air Liquide (EPA:AI) and Sinopec (SHA:600028) Form Joint Venture for a Refinery Expansion Project in China

🕔11/23/2011 12:00:02 PM

Asian Activities Report for November 23, 2011 includes: Air Liquide (EPA:AI), the world leading industrial gas supplier, has formed a 50/50 joint venture with China Petroleum and Chemical Corporation ("Sinopec") (NYSE:SNP) (HKG:0386) (SHA:600028) to jointly invest Euro 85 million in a refinery expansion project in Maoming, Guangdong Province, China; TNG Limited (ASX:TNG) reports positive interim results from the Pre-Feasibility Study ("PFS") on its 100%-owned Mount Peake Iron-Vanadium Project in the Northern Territory; Sumitomo Metal Mining Co., Ltd. (TYO:5713) has established a subsidiary in Brazil to look for opportunities to acquire interests in copper, gold, nickel or other resources project; Western Desert Resources Limited (ASX:WDR) has signed a Memorandum of Understanding with Xstrata Zinc to investigate the feasibility of gaining access to Xstrata Zinc's McArthur River Mine loading facility.

Read Full Article