Caisse-led Consortium Lobs $1.25 Billion Bid In Battle For Hastings
The battle for energy infrastructure player Hastings Diversified Utilities Fund has heated up following the receipt of a conditional takeover bid which values it at 1.25 billion Australian dollars (US$1.25 billion).
Canada Gives Seed Money To Three Startups
The government of Canada said it gave $1,947,250 in seed money to three Ottawa-area startups: Toushay Inc.; Protecode Inc.; and Benbria Corp. PRESS RELEASE Government of Canada Invests in Innovation, Jobs and Growth in Ottawa OTTAWA, ONTARIO – May 7, 2012 – The Honourable Gordon O’Connor, Minister of State and Member of Parliament for Carleton-Mississippi...
$SPX 1600 or $SPX 1200 next.. An imminent move is upon us. I say…
If we just use an $SPX chart with a 20 month MA, some simple data pops! Notice the clarity of this chart. How it is always riding clearly above or below the 20 MA. Let's compare to the other countries: Here are the times when the US crossed to the upside. Look at the green...
Japan Inc.’s Quest For Resources
Lifted by the strong yen and piles of cheap cash, Japan's business titans are prowling the world for assets to acquire.One of the most aggressive buyers of late has been Mitsubishi Corp., which has displayed a particular appetite for natural resources.
Tech Talk – A Recap in Light of Iranian Sanctions and Canadian Production Estimates
This series of posts has just completed a review of the different regions of Russian oil production, with the conclusion that while Russia may maintain current production levels of around 10.4 mbd for a short time, it faces rising domestic consumption ...
A game of krónur
Some intriguing thoughts from Sebastien Galy, Societe Generale FX strategist, on Icelandic politicians’ interest in the Canadian dollar:An independent currency for a country...
Hong Kong ‘Resource Curse’ Sinks Sunshine Oilsands on Debut
Hong Kong’s Hang Seng Index may be one of the world’s top performers this year, but that hasn’t helped one of the market’s biggest initial public offerings on its debut.
Goldman, Morgan Stanley Asian Execs Moving On
Two banking heavyweights in Asia are bidding farewell to Wall Street to focus on other pursuits.
Canadian Miner Delays Hong Kong Listing, Seeks Canadian Investors
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.
Sino-Forest – Still no Closure
Yet another long-awaited Sino-Forest Corp. report is out. If anyone was looking for closure, they might be disappointed.
US MMFs versus the Eurozone, Part 2
In the first installment of US money market funds versus the eurozone, the funds were seen fleeing the continent as quickly as possible, leaving all sorts of funding chaos in their wake....
