Wall Street Fatigue

Stocks on Wall Street moving sluggish because investors never get certainty about the stimulus continued to be found at short notice by the U.S. central bank (Federal Reserve). In trading Wednesday (27/10/2010), the Dow Jones closed down 43.18 points (0.39%) to the level 11126.28. The broader Standard & Poor’s 500 also fell thin 3.19 points [...]

Emirates scored 1.1 Billion Dollar Profit

The Emirates Group, which consists of the airline Emirates, Dnata, and its subsidiaries, posted a net profit of 1.1 billion U.S. dollars on March 31 2009-31 financial year in March 2010. Profit increased by 248 percent, compared to earnings the previous year. “Last year was a year with a profit rate that is sustainable, even [...]

Contemporary Europe, the Dow Jones slumped

Index of the Dow Jones industrial average, again crashing in Friday trading yesterday, which closed on Saturday (05/15/2010) at dawn. The Dow Jones closed down 163 points, or 1.5 percent, the S & P 500 fell 22 points, or 1.9 percent, and the Nasdaq closed down 47 points or 2 percent. “All (decrease) is due [...]

SingTel Record Increase in Benefits

- Singapore Telecom (SingTel) said Thursday (13/05/2010) it recorded an increase in fourth quarter net profits up to March, compared to the previous year amid growing company performance both regionally and domestically. SingTel, which has a market across Asia Pacific, said its net profit in the three months to March reached 1.02 billion Singapore dollars [...]

Add UNSP Closing Shares in Agri International

JAKARTA – PT Bakrie Sumatera Plantations Tbk (UNSP) has completed the purchase of shares of PT Agri International Resources Pte Ltd (AIRPL) from SPINNAKER Global Emerging Markets Fund Limited on 11 March. “In the end the company has 675 shares which is 73.85 percent of the shares in AIRPL,” explained Corporate Secretary UNSP Fitri Barnas [...]