Archive for ‘May, 2010’

Opening Comment 06.01

Opening Comment 06.01

The month of May has come and gone, and many are relieved, following a month which saw some heavy flows back into safe haven assets and significant downside pressures in global equities.

May 31, 2010 | Posted in Currencies,Dow | Read More »

China’s Manufacturing Sector Grew in May but at a Slower Pace

Two surveys by purchasing managers in China released on Tuesday showed that government steps to forestall overheating in the giant economy are starting to take effect.

May 31, 2010 | Posted in Business | Read More »

Goal: Review of Smartphone Apps for World Cup

A range of new smartphone apps promises to provide team-by-team analysis, match schedules and real-time updates for the World Cup.

May 31, 2010 | Posted in Business | Read More »

BP Tries, Again, to Divert Oil Leak With Dome

BP Tries, Again, to Divert Oil Leak With Dome

Unable for six weeks to plug the gushing oil well beneath the Gulf of Mexico, BP renewed an effort  to use a dome to funnel some of the leaking crude to a tanker on the surface, the NYT reports.

May 31, 2010 | Posted in Oil and Gas | Read More »

India Risks ‘Falling Behind’ on Rates as Growth Spurs (Update1)

India Risks ‘Falling Behind’ on Rates as Growth Spurs (Update1)

India’s central bank needs to be less wary of the fallout of Europe’s debt crisis and raise interest rates to curb inflation stoked by growth, economists said.

May 31, 2010 | Posted in Euro,Interest Rates,Investing | Read More »

China’s May Manufacturing Expands at Slower Pace (Update3)

China’s May Manufacturing Expands at Slower Pace (Update3)

Chinese manufacturing expanded at a slower pace in May, adding to signs that growth may moderate in the world’s third-biggest economy.

May 31, 2010 | Posted in Investing | Read More »

Asian Shares Lower After U.S. Holiday

Asian stocks fell Tuesday in the absence of fresh cues following a market holiday in the U.S.

May 31, 2010 | Posted in Business | Read More »

Copper mine water deal spares Murray

Copper mine water deal spares Murray

Mining company Hillgrove Resources has signed a contract with Mount Barker District Council in the Adelaide hills to use local waste water for its Kanmantoo copper mine, east of Adelaide.

May 31, 2010 | Posted in Copper | Read More »

Asian Stocks Fall on Japan Policy Concern, China Manufacturing

Asian Stocks Fall on Japan Policy Concern, China Manufacturing

Asian stocks fell, extending the MSCI Asia Pacific Index’s biggest monthly drop since October 2008, as investors speculated over the future of Japan’s prime minister and Chinese manufacturing growth slowed.

May 31, 2010 | Posted in Investing | Read More »

NAB Wins More Time to Gain Axa Asia Deal Clearance (Update2)

National Australia Bank Ltd., the nation’s biggest business lender, won more time to overcome regulatory opposition to its A$13.3 billion ($11.3 billion) bid for Axa Asia Pacific Holdings Ltd.

May 31, 2010 | Posted in Business,Investing | Read More »