Australia raised its benchmark interest rate by a quarter percentage point for the second time in four weeks, becoming the first nation to increase borrowing costs twice this year as the global economy recovers.
Huadian Power International Corp<600027><1071>, China's largest independent power producer, recently signed an agreement with Ningxia Electric Power Group Co Ltd to acquire a 45% equity interest in Ningxia Yinxing Coal, sources reported.Huadian Power said in a statement filed with the Shanghai Stock...
* LIBOR one-year dlr interest falls below Chinese rate * Dlr interest's discount to Chinese rate first in 8 months * Strong hopes of China letting market interest rate rise * Yuan under rising pressure...
Feb. 18, 2009 (China Knowledge) - It wouldn't be a good choice for China to lower its interest rates to zero or almost zero like what other countries did, the Xinhua News Agency reported, citing Yi Gang, the vice governor of the nation's central bank, the People's Bank of China (PBOC).
* Private equity funds keen on Taiwan banks, insurers * Buy now and sell later to China Inc once Taiwan approves * Chinese banks, insurers keen to tap Taiwan customers TAIPEI/HONG KONG, August 4 -...
* Pakistan to auction blocs offshore, in Sindh, Baluchistan * Oil minister says gas and oil destined for domestic use * Potential investor says government's terms are good LONDON, July 24 - Pakistan's oil minister...
* KOSPI rangebound; foreign buying continues * KEB advances on Hana Financial acquisition interest * LG Elec underperforms on renewed rumour of Hynix interest (Updates to mid-morning) SEOUL, Nov 23 - Seoul shares were rangebound...
* NSW govt says has received strong response to power sale * Sales could fetch A$5-A$7 billion (Adds details, background) PERTH, Nov 18 - AGL Energy Ltd <AGK.AX> lodged an expression of interest on Wednesday...
PERTH, Nov 18 - AGL Energy Ltd <AGK.AX>, Australia's largest energy retailer, has lodged an expression of interest to buy some assets in the New South Wales state power sale, it said on Wednesday. "The...
Shenyang Machine Tool (Group) Co Ltd, a state-owned machine tool manufacturer, plans to sell a 30% equity interest via the Shenyang United Assets and Equity Exchange, sources reported. Shenyang State-owned Assets Supervision and Administration Commission, the owner of 94.15% of the machine tool...