Shipping & Maritime

Australian Market Report of December 16: Up in Quiet Trade

🕔12/16/2009 9:30:43 AM

The Australian sharemarket Tuesday closed higher in a quiet trading day as Dubai debt fears eased. The local market was also inspired by an earlier report about energy giant Exxon's US$30 billion takeover bid of XTO and the forecasts by the Australian government commodity forecaster ABARE for iron ore and coking coal exports. At the close, the benchmark S&P/ASX200 index rose 19.5 points, or 0.4 per cent, at 4673.5, while the broader All Ordinaries gained 19.6 points, or 0.4 per cent, to 4687.8.

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Asian Markets Overview of December 15

🕔12/15/2009 1:30:07 PM

US stocks closed at 14-month highs on the news of Dubai's US$10 billion funding and a big acquisition by Exxon Mobil, which agreed to acquire XTO Energy for US$31 billion in stock.

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Asian Markets Overview of December 2

🕔12/2/2009 4:32:41 PM

Asian stock markets were widely up Wednesday after Wall Street climbed to a new high of the year overnight. Gold prices hit a record high for a second day today.

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Australian Market Report of November 23: Investors Moved to Safer Haven

🕔11/23/2009 1:00:00 PM

US equities fell for a third straight day on Friday as Dell's disappointing earnings result dragged the US stocks lower. Energy and materials companies were weighed down after European Central Bank president Jean-Claude Trichet indicated that supportive stimulus measures must soon be unwound, prompting traders to buy US dollar.

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S.Korea Shipbuilder STX (SEO:067250) Expects More Offshore Orders

🕔9/16/2009 4:57:07 PM

STX Offshore & Shipbuilding (SEO:067250), the world's No.4 shipbuilder, is targeting a record US$2 billion in new orders for offshore vessels and plants this year.

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Asian Markets Overview of April 23

🕔4/23/2009 3:00:22 PM

Asian major markets opened mixed on Thursday. South Korea's KOSPI and Hong Kong' Hang Seng Index were up in the morning, while Tokyo stocks traded lower, struggling between good and bad news.

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Oil and Container Terminal Operator Dalian Port (HKG:2880) Announces 27% Earnings Increase in Annual Report

🕔4/6/2009 2:35:07 PM

Dalian Port (PDA) Company Limited ("Dalian Port" or the "Group")(HKG:2880), one of the major oil and container terminal operators in the PRC, today announced its annual results for the year ended 31 December 2008 (the "review period"). Net Profit Increases 27.5% to RMB779,614,000.Final dividend of RMB9 cents per share proposed.

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