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Archive for: April, 2011

Northern Star Has The Gold, The Cash And The Growth Options

Journalists and other casual observers get excited when they discover a stock which has risen by… www.minesite.com: Latest News

Warren Buffett decries deputy’s action

OMAHA, Nebraska: Billionaire investor Warren Buffett sought to draw a line under a controversy that has sullied his normally Teflon image, telling thousands of shareholders Saturday that the behaviour of a key lieutenant was “inexplicable and inexcusable.” Channel NewsAsia Business News

Gold rockets to nearly US$1,570 as US dollar sags

NEW YORK: Gold rocketed to almost $ 1,570 an ounce on Friday, setting a new dollar-price record as its unabated rise was propelled by extremely low interest rates and the dollar’s weakness. Channel NewsAsia Business News

Hummingbird Stretches Its Golden Wings In Liberia And May Be Perched On A Hefty Iron Ore Deposit

It is usually very difficult to get impetus behind a share price in the early months after… www.minesite.com: Latest News

US dollar holds against euro, sends gold to new record

NEW YORK: The US dollar recovered slightly against the euro late Friday but not before it hit a 16-month low and sent gold soaring to a new record just shy of $ 1,570 an ounce. Channel NewsAsia Business News

Indonesia stops banks from adding wealthy customers

JAKARTA: Indonesia’s central bank on Friday barred 23 commercial lenders from accepting wealthy individuals as new customers for a month starting on May 2, after a major embezzlement scandal at Citibank. Channel NewsAsia Business News

First offshore yuan IPO makes weak Hong Kong debut

HONG KONG : Hong Kong tycoon Li Ka-shing’s yuan-denominated IPO, the world’s first outside mainland China, tumbled on its trading debut Friday but officials said the market remained full of promise. Channel NewsAsia Business News

OFF TO THE ROYAL WEDDING !!!

Normal Service Will Resume On Tuesday May 2nd. Weekly Round-ups from Australia, Canada and… www.minesite.com: Latest News

Samsung Electronics logs $2.59b net profit in Q1

SEOUL: South Korea’s Samsung Electronics Friday reported a first-quarter net profit of 2.78 trillion won ($ 2.59 billion), a 30 per cent fall year-on-year amid weak demand for flat panels and televisions. Channel NewsAsia Business News

Russia’s Yandex announces NASDAQ listing

MOSCOW: Russia’s top Internet portal Yandex announced plans on Thursday to hold an initial public offering on New York’s NASDAQ stock exchange. Channel NewsAsia Business News

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