Following on from the distribution of 3G licences earlier this year for China’s three mobile networks, China Mobile, China Telecom & China Unicom, along with the convoluted technology demands imposed by the regulator, signs are that Nokia will be sitting a little higher up the table at the tea party, as Chinese [...]
Perennial favourite emerging markets energy favourite Petrobras, has announced that in March of this year, it surpassed February’s output record by 52,00 bpd.
Last month, the Brazilian oil giant produced a record 1.99 million bpd from its domestic holdings. The increase has been attributed to a number of new wells in the [...]
Following last years merger between the number four & number two banks in Brazil last November, the newly forged conglomerate, Itaú-Unibanco (NYSE : ITU) is the frontrunner in a race for consolidation in the Brazilian banking market. The result being that Itaú-Unibanco is now 13% larger than Banco do Brasil and 58% than the [...]
Under Indonesian law, foreign mining companies operating in the country are required to sell 51% of their local holdings back to the government after 5 years of commercial operation.
However, Newmont (NYSE : NEM), will only be asked to relinquish 17% of its subsidiary, PT Newmont Nusa Tenggara (PTNNT), as 20% of this [...]
Australia could be looking at a new multibillion-dollar export market as China looks for a steady supply of uranium, which it needs to underpin a massive expansion in its nuclear power industry.
Chinese officials this week announced they would start building five extra power plants this year on top of the 24 [...]
Nokia the worlds biggest manufacturer of mobile devices , still enjoys a 40% global market share, dwarfing it’s nearest competition; Motorola , Sony-Ericsson, Samsung, & LG.
The company is particularly strong on an international basis, with top market share in practilally all markets served. More importantly, from a MyStockVoice perspective, 80% of sales come from outside the [...]
Malaysia is facing a difficult time due to the global economic downturn but the country has still not entered into recession, Second Finance Minister Tan Sri Nor Mohamed Yakcop said.
The government is prepared to take proactive measures to stimulate the economy in the country and ensure that the people, especially the unemployed [...]
More details are emerging about the long-expected infrasructure sharing deal between Indian cellcos Reliance Communications and Swan Telecom, the operator in which Etisalat took a 45% stake in September for USD 900 million.
According to an Economic Times (India) article last week, the two companies are now expected to finalise a fifteen year deal.
Swan Telecom [...]
President Rupiah Banda of Zambia, Africa’s biggest copper producer, said on Friday foreign mining firms should set up copper processing facilities to process finished products for export.
Banda was speaking in Solwezi, 700 km northwest of the capital Lusaka, where he commissioned the Lumwana copper mine, a unit of Australia’s Equinox Minerals Ltd (EQN.TO: Quote) [...]
The New York Times reports that Beijing is becoming increasingly nervous about its high stakes in America’s economic well being: Reversing its role as the world’s fastest-growing buyer of United States Treasuries and other foreign bonds, the Chinese government actually sold bonds heavily in January and February before resuming purchases [...]