
The peaches are ripe now at Glen Hill International Monetary Fund has called on the US to take ”decisive policy action” to bring its government debt under control, warning that it is on track to be almost 100 per cent of GDP by 2020.In its annual report on the US, released last night, the IMF said the Obama administration and Congress needed to [...]

China has overtaken Japan to become the world’s second-largest economy after the United States, the country’s chief currency regulator said in remarks published on Friday.The economy expanded 11.1 per cent in the first half of 2010, compared with a year earlier, and is likely to log growth of more than 9 per cent for the [...]

Takeover target AXA Asia Pacific, Kerry Stokes’s and Rupert Murdoch’s media playthings, West Australian Newspaper Holdings and News Corporation respectively, along with Tabcorp and global mining giant Rio Tinto, are all due to unveil their achievements and ambitions over the first days of August.This year there will be something for everyone. Wary retail investors, having [...]
Fending off the bright sA bumpy wee on Wall St did not stop the ASEAN exchanges from advancing, Jakarta set an all time high, Thailand, Singapore and Malaysia also out performed global rivals.Next week looks like another good week for ASEAN stocks and the best of the market should be Miners, Banks and Air Lines, look for a special [...]

The dollar touched a level below 86 yen for the first time this year and headed for a third monthly loss as a government report showed U.S. economic growth slowed in the second quarter.






Thai high-speed railThe Thai government could join with the Chinese government to build the country’s first high-speed rail network, Finance Minister Korn Chatikavanij says..• Thai Union buys MW BrandsThai Union Frozen Plc has purchased French canned seafood firm MW Brands Holdings SAS in a deal worth 28.5 billion baht (680 million euros), the Thai Union [...]
The peaches are ripe now at Glen Hill The Mac Services (MSL) offers a unique exposure to the mining sector through accommodation services. Demand for accommodation in east coast coal fields looks likely to outpace the development of new supply, creating a significant opportunity for MSL. With substantial growth in earnings and cashflow forecast we initiate coverage with an Accumulate rating and $5.00ps [...]
A new haul in from the LincolLVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of €9.1 billion in the first half of 2010, an increase of 16%. All business groups achieved double-digit organic revenue growth. The Group performed particularly well in Asia, the United States and Europe. Bernard Arnault, Chairman and CEO of LVMH, commented: “The [...]

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