Scrap gold volumes are expected to grow in the Middle East due to consumers booking profits as the yellow metal hovers near all-time highs, an executive said on Monday.
* Economy grows at 2.8 pct rate, below initial estimate * Imports, nonresidential structures investment weigh * Corporate profits surge, biggest rise in over five years (Adds details, market reaction) WASHINGTON, Nov 24 - The...
Tingyi (Cayman Islands) Holding Corp<0322>, owner of the well-known noodle brand Master Kong, said its net profit surged 60.41% year on year to US$147.41 million in the third quarter of this year, sources reported.According to the firm's latest financial results, Q3 turnover amounted to US$1.54 billion,...
China WindPower Group Ltd<0182>, a Hong Kong-based company engaged in clean and renewable energy projects, said yesterday that it booked a net profit of HK$107 million for the six months ended Sep. 30.The figure reflects a surge of 99% compared with the HK$53.86 million earned in the same period of...
Shares of Bank of East Asia<0023> surged for two consecutive days since Wednesday on market rumor which says Malaysian conglomerate Guoco Group<0053> might further buy into BEA to take over the territory's largest locally-owned bank by assets, sources reported.BEA denied the rumor yesterday and...
Audi AG, a German subsidiary of Volkswagen AG, Tuesday said its China sales surged 50.7% year on year to 14,510 units in October, sources reported.In the first ten months of the year, the auto maker sold 123,369 Audi cars, 22.7% more than the same period of last year. Full-year sales in the country last year...
Digital China Holdings Ltd<0861>, the country's largest IT products distributor and IT services provider, Tuesday said its net profit attributable to shareholders for the six months ended Sep. 30 was HK$412 million.The figure reflects a surge of 69.1% compared with the HK$243 million recorded in the same...
* Threat of storm in U.S. Gulf of Mexico eases * Higher U.S. crude oil stocks seen * Price support from global stock surge, weak dollar SINGAPORE, Nov 10 - Oil prices eased to below...
* U.S. jobs report sends markets on roller-coaster * Central banks said to be lining up to buy gold * SPDR's gold holdings slip LONDON, Nov 6 - Gold surged to a record high above...
* Nikkei climbs but investor wariness limits gains * NEC surges after says will issue up to $1.5 bln shares * Toyota up after surprise Q2 profit, lower loss forecast TOKYO, Nov 6 - Japan's...