Hurting Canada’s reputation –

The Canadian Press – Nov 25, 2016 / 5:57 am | Story: 181916

Photo: The Canadian Press

Canada’s pipeline gridlock is harming its global reputation as an attractive place to invest in oil and gas projects, says a leading industry group.
Tim McMillan,…

Greece’s rescue creditors to launch talks in Athens on new bailout deal

ATHENS, Greece – International austerity inspectors are visiting Greece for talks on a second rescue loan package agreed weeks ago but not yet finalized.
Officials from the European Union, the European Central Bank and the International Monetary Fund …

French nuclear giant Areva’s shares suspended after reports it would post losses

PARIS – French nuclear giant Areva says trading in its shares has been suspended.
The suspension “is to ensure that comprehensive, accurate and precise information is communicated to the market and to all Areva’s shareholders in an equal manner,” a co…

ING offers to buy back $7.7 billion worth of its own debt

AMSTERDAM – ING NV, the Dutch bank and insurer, says it will launch offers to buy back €5.8 billion ($7.7 billion) of its own debt trading below face value.
The company said it will offer cash or new senior bonds for seven batches of “subordinated d…

Asian stock markets rise as European Union agrees to plan to fix debt crisis

BANGKOK – Asian stock markets rose Monday as investors cheered a new European fiscal pact aimed at fixing the region’s debt crisis and preventing a collapse of the euro currency.
Japan’s Nikkei 225 index jumped 1.5 per cent to 8,665.76. South Korea’s …

As few as 12 hacker teams responsible for bulk of China-based data theft

WASHINGTON – As few as 12 different Chinese groups, largely backed or directed by the government there, commit the bulk of the China-based cyberattacks stealing critical data from U.S. companies and government agencies, according to U.S. cybersecurity…

India industrial production tumbles 5pct on weak mining, manufacturing

MUMBAI, India – India says industrial production for October has tumbled 5 per cent, one more sign of the slowdown in Asia’s third-largest economy.
The plunge was led by slowing mining and manufacturing activity, as well as waning consumer demand.

Australian coal miners Whitehaven Coal and Aston Resources agree to $5.2 billion combination

SYDNEY – Australian miners Whitehaven Coal Ltd. and Aston Resources Ltd. have agreed to a 5.1 billion Australian dollar ($5.2 billion) business combination that will create one the country’s biggest coal producers.
The companies said on Monday that As…

Oil hovers above $99 in Asia as traders eye meeting of fractious OPEC

SINGAPORE – Oil prices hovered above US$99 a barrel Monday in Asia as traders looked to this week’s OPEC meeting for clues about the cartel’s crude output.
Benchmark crude for January delivery was down 19 cents to $99.22 a barrel in midday Singapore t…

Singapore stock market and companies daily report (DBS, Global Investment … – Stock Markets Review

By Shares Investment
US$ Trade Finance New Boon For Local BanksThe private banking business is proving to be more valuable to local banks in the midst of today’s tight liquidity environment. As European banks retreat from the trade finance arena, lo…

Singapore Stock Market May Stop The Bleeding – RTT News

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