STX Corporation Co., Ltd.
SEO:011810 ISIN:KR7011810009
STX Corporation Co., Ltd. (SEO:011810) is a Korea-based company engaged in the management of subsidiaries, trading and ship maintenance through three segments. Its investment segment invests in, manages and supports various businesses such as coal, oil, resources, steel and machinery and creates revenues by owning stocks and utilizing incomes generated from its subsidiaries and its affiliated companies. Its subsidiaries include STX Shipbuilding, STX Engine, STX Heavy Industries and STX Energy. The Company's trading segment imports and exports shipping and energy materials, plant facilities, coals, petroleum, steel products and others. Its ship maintenance segment offers cargo management, marine technical services, insurance, crew management and other related services.
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New Energy Minerals Limited (ASX:NXE) (FRA:GGY) is pleased to announce that it has entered into a binding agreement ("Agreement"), with a Hong Kong-based investor group, in relation to a strategic equity placement and asset level investment and incorporated joint venture in respect of the Caula Vanadium-Graphite project.
Asian shares Monday are expected to be buoyed after Wall Street delivered its best week of the year. China's Shanghai bourse will open today after a long holiday for the Lunar New Year. The Hong Kong and Tokyo stocks lost more than 2 percent Friday on U.S. Federal Reserve's decision to raise its discount rate. The discount rate hike also sent commodities prices lower and hit resources shares in the region.
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