Oversea-Chinese Banking Corporation Limited (OCBC Bank) officially completed the acquisition of ING Asia Private Bank Limited and its subsidiaries (IAPB) based in Singapore with an investment of around U.S. $ 1.45 million or $ 2.02 Sin million. With the completion of the acquisition process, the IAPB now renamed Bank of Singapore Limited (the Bank of [...]
Gold spot price of U.S. $ 1081.89 morning per ounce
The price of gold in the spot market this morning was recorded at the position of U.S. $ 1081.89 per ounce, down from the level last weekend at U.S. $ 1083.10 per ounce. Meanwhile, from Singapore reported contract price of gold rose triggered speculation decreased to the lowest level in 3 months attract more investors. [...]
New loans in China reached 1.6 trillion yuan
new Credit distributed in China until January 29 to reach 1.6 trillion yuan (U.S. $ 234 billion). The report, written by the Economic Information Daily said Industrial & Commercial Bank of China Ltd. distributed more than 170 billion yuan, up by January 29. The news was cited by Xinhua News Agency without naming its source. [...]
Income Asia Natural Resources did not achieve the target
PT Asia Natural Resources Tbk disclose revenue during 2009 because no suitable target tin prices lower than expected. Director of Asian Natural Lay tells Stanislaus company revenue target for 2009 reached Rp600 billion, but who realized in the amount, which is Rp151 billion. “Because the price of tin dropped the financing facility for exports of [...]
