Canadian Miner Delays Hong Kong Listing, Seeks Canadian Investors

By Isabella Steger REUTERS/Todd Korol Hong Kong’s bid to become an international listing center for resource companies is running up against one problem—when it comes to digging things out of the ground, investors here don’t quite get it. One of the first companies to take advantage of the newly open window for Hong Kong initial public offerings, Canada’s Sunshine Oilsands Ltd., is postponing its meetings with prospective investors because it wants to attract Canadian Read more [...]

Gov flew far to raise funds

ALBANY - Gov. Cuomo was a high-flying fund-raiser in the last six months — thanks to campaign donors who lent him their private jets, the Daily News has learned. A half-dozen contributors spent $145,583 to jet Cuomo to events in Puerto Rico, California, Buffalo, Syracuse, New York City and the Hudson Valley, according to records and his office. The flights, legal under state law, were listed as in-kind Read more [...]

Hotel for sale in distressed auction

irishtimes.com - Last Updated: Monday, February 6, 2012, 13:29The mill residence in Rathvilly, Co Carlow, whcih is part of the upcoming Allsop/Space auction.CIARA O'BRIENA 55-bed hotel, a period house located in Dublin and a period mill residence in Co Carlow are among the properties on offer at the next Allsop/Space auction next month.The properties are part of the €10.3 million portfolio of buildings on offer at the sale, which will take place at the Shelbourne Hotel in Dublin on March 1st. The Read more [...]

Regulator launches crackdown on Spacs

Sign in Please complete all fields in the form to login. Username and password fields are case sensitive If you have forgotten your username or password please use the forgotten your username/password link below. Remember me, by ticking the box you are confirming you are happy for your details to be remembered and used the next time you Read more [...]

African Markets – Factors to watch on Feb 6

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. - - - - - EVENTS: * Seychelles inflation data due to be released. The year-on-year rate of inflation in Seychelles increased to 5.5 percent in December from 5.1 percent a month earlier. * Mauritius to auction 273-day T-bills worth 700 million rupees. GLOBAL MARKETS Asian shares rose on Read more [...]

PM tries to reassure over asset sales

The Prime Minister has defended some of the Government's most controversial actions at his annual Waitangi Day breakfast - including mining, asset sales and the Crafar Farms sale to a Chinese company. Mr Key delivered his Waitangi Address this morning at a breakfast which included iwi leaders, officials and dignitaries. He defended Government plans for partial asset sales, saying it would provide much needed capital for social investment such as upgrading schools. However, he also attempted to Read more [...]

Top Oversold U.S.-Listed Chinese Stocks for the Week Ended Feb 05, 2012

E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the most oversold U.S.-listed Chinese stock for the week. It was down 15.2% in the week. DANG's upside potential is 13.3% based on brokerage analysts' average target price of $8.01. It is trading at 24.6% of its 52-week high of $28.79, and 72.0% above its 52-week low of $4.11. China Ming Yang Wind Power Group Ltd (NYSE:MY) is the second most oversold U.S.-listed Chinese stock for the week. It was down 10.3% in the week. MY's upside potential Read more [...]

Foreclosures at the high end increase

Click photo to enlargeThe housing crisis, which first devastated borrowers who purchased lower-cost homes with subprime loans, has caught up with people whose wealth helped them hang onto their houses longer.Throughout affluent communities in the Bay Area, million-dollar-and-up homes are increasingly being lost to foreclosure, or sold as a last resort for far less than their mortgages.More than 1,500 Bay Area homes with mortgages of $1 million or more were scheduled for auction last year, more than Read more [...]