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Bulge bracket firms dominate in Asia
While bulge bracket firms did not dominate the Financial Times/StarMine Awards for Europe in 2006, they certainly did in Asia.
Independent research houses have made significant in-roads in the US and Europe but, judging from the results, when it comes to producing accurate company analysis the emerging markets of Asia require an altogether higher level of [...]
Australian Stocks Decline, Led by BHP Billiton as Metals Slide
Australian stocks fell for a fourth day. BHP Billiton led mining shares lower as metals prices dropped and a measure of commodities reached the lowest in almost two years.
CSL Ltd. led declines among U.S.-linked shares after a report on job and wage growth revived speculation interest rates won’t fall anytime soon in the world’s biggest [...]
Australian Mining Stocks Decline, Led by BHP; Hardman Surges
Australian mining shares dropped after BHP Billiton said it increased its wage offer to union workers at its $1 billion Spence copper project in Chile to avert a strike.
The S&P/ASX 200 Index lost 10.4, or 0.2 percent, to 4972.80 as of 2:12 p.m. in Sydney. It earlier rose as much as 0.3 percent. Ninety-two stocks [...]
US-led Inflation Concerns Continue To Haunt Asian Markets – Asian Commentary
Tuesday marked another day when the Asian stocks took a hammering. The U.S government is expected to release May producer price data later during the day and consumer price index on Wednesday, both of which are widely expected to indicate signals for a rise in interest rate.
Japan’s benchmark Nikkei index nose-dived 4.14% or 614 points [...]
