Mozambique expects foreign direct investment to climb 30 percent in the next four years as the economy expands, Finance Minister Manuel Chang said.
Investment will probably reach $450 million this year and $560 million by 2011, compared with $430 million in 2007, Chang said in an interview in Maputo, Mozambique today. Agriculture and tourism are likely [...]
Chinalco Eyes Acquisitions, Could Fund $14.5 Billion
By Theresa Tang and Xiao Yu
March 19 (Bloomberg) — Aluminum Corp. of China, the
nations biggest producer of the metal, is considering
acquisitions to take advantage of a slump in global stock
markets that reduced the price [...]
Australia Stocks: City Pacific, BlueScope, Murchison, ResMed
By Emma OBrien
March 14 (Bloomberg) — Australias benchmark S%26amp;P/ASX 200
Index advanced 71.40, or 1.4 percent, to 5,207.30 as of 2:04 p.m.
in Sydney, headed for a 1.1 percent drop this week, after
sliding 5.5 percent last [...]
Asian Stocks Complete Second Losing Week; Toyota, Nomura Fall
By Chua Kong Ho and Kyung Bok Cho
March 14 (Bloomberg) — Asian stocks fell, completing a
second weekly decline, on concern credit market losses will
widen and the dollar will weaken.
[...]
Fed-ECB Policy Gaps, Chinese Cash, Homebuilder Stocks: Timshel
Commentary by Michael R. Sesit
Feb. 9 (Bloomberg) — Benito Mussolini is often credited
with making Italys trains run on time. Looking at the disparate
monetary policies being pursued at three of the worlds major
central banks, [...]
Accentures Work in Saying Whom to Fire Buoys Shares (Update3)
By Matthew R. Miller
Feb. 22 (Bloomberg) — T. Rowe Price Associates Inc. is
betting more than $800 million that Accenture Ltd., the worlds
second-largest management-consulting company, will thrive as the
global economy slows.
[...]
(Updates with company news, stock futures)
LONDON, March 4 (Reuters) - European stock index futures pointed to a small
rise at the start of trade on Tuesday, echoing modest gains in the United
States, while rising commodity prices should boost oil and mining stocks.
By 0717 GMT, March Eurostoxx 50 futures STXEH8, [...]
Asian Stocks Fall a Fourth Week, Pare Loss After U.S. Rate Cut
By [bn:PRSN=1] George Hsu []
Jan. 26 (Bloomberg) — Asian stocks fell for a fourth week,
on concern the global economy was slowing, sending the region,
along with Europe, into a bear [...]
Williams Says Rio `Unrealistic to Seek Higher BHP Offer: Video
Feb. 8 (Bloomberg) — Don Williams, who helps manage $1.3 billion at
Platypus Asset Management, talks with Bloombergs Catherine Yang from Sydney
about Rio Tinto Groups rejection of a sweetened $147 billion takeover offer
from BHP Billiton Ltd., the outlook for Australian stocks and his investment
strategy. Rio Tinto is [...]
Barrick estimates that the mine will yield 20.4 million ounces of gold, along with more than 400 million pounds of copper and more than 100 million ounces of silver.
The mine, located in pine-filled mountains north of the Dominican capital, Santo Domingo, will be built with a 40 percent stake by Vancouver-based Goldcorp Inc.
Fernandez announced the [...]
