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Antitrust
South Korea's four major defense manufacturers have been fined for allegedly forming a cartel in a 2.7 trillion won (US$2.41 billion) project to build next generation submarines, the country's antitrust watchdog said Sunday. The four...
Asia Pulse, 7:38pm ET



Samsung Electronics Co. (KSE:005930) is "confident" it can convince European investigators that it has abided by fair trade rules regarding its use of mobile patents, an official said Saturday. "Samsung is confident that the European...
Asia Pulse, 7:43pm ET

Since American Airlines filed for bankruptcy in late November, speculation is swirling in the airline industry that there could be another big merger. One scenario has US Airways Group Inc., which transports nearly 70 percent of...
McClatchy-Tribune Informa, 9:18am ET

SEOUL, 5 February - South Korea's four major defence manufacturers have been fined for allegedly forming a cartel in a 2.7 trillion won (2.41 bn dollars) project to build next generation submarines, the country's antitrust watchdog said Sunday [5...
BBC Monitoring, 12:08am ET

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Alternative Energy
The city's long-delayed general plan update, a blueprint for how Santa Cruz officials will guide development, transportation and natural resource protection during the next generation, has returned to the fore. The City Council will host...
McClatchy-Tribune Informa, 7:53pm ET

REPORTING FROM IVANPAH VALLEY, Calif. -- Construction cranes rise like storks 40 stories above the Mojave Desert. In their midst, the "power tower" emerges, wrapped in scaffolding and looking like a multistage rocket. Clustered nearby are...
McClatchy-Tribune Informa, 12:28pm ET

Two solar energy projects face the loss of over $A750 million in Australian Government funding. Moree Solar Farm in New South Wales and the Solar Dawn project in Queensland have been unable to gain financial backing. They have not been able to...
ABIX, 2:58pm ET

REPORTING FROM IVANPAH VALLEY, Calif. -- Construction cranes rise like storks 40 stories above the Mojave Desert. In their midst, the "power tower" emerges, wrapped in scaffolding and looking like a multistage rocket. Clustered nearby are...
McClatchy-Tribune Informa, 5:23am ET

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Aerospace & Defense
The year J. Wayne Littles graduated from Moultrie High School -- 1957 -- Russia launched the world's first man-made satellite, Sputnik 1. The Space Race was on, and America was losing. Five years later, with a mechanical engineering...
McClatchy-Tribune Informa, 8:53am ET

When 4-year-old Davion Mutts went missing in Hampton in July 2005, a frantic search for the boy began in the Coliseum area of the city. Helicopters flew overhead. Police bloodhounds sniffed out various spots. And Hampton's top prosecutor...
McClatchy-Tribune Informa, 8:03am ET

Russia will build a reliable aerospace defense system to effectively counter NATO missile threats, Deputy Prime Minister Dmitry Rogozin said on Sunday. Rogozin, recently appointed as a deputy prime minister to oversee Russia?s defense...
Asia Pulse Data Source, 8:13pm ET

In the past week, Iranian officials announced several military and scientific achievements. On Saturday, Iran's Defense Minister Brigadier General Ahmad Vahidi opened the mass production line of naval Zafar (Victory) cruise missile....
Xinhua, 10:53am ET

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Banking
Listed Australian banks are facing lacklustre interest by stockholders despite still recording record profits. Among the reasons are the environment of low demand for credit following the global financial crisis and the rising cost of wholesale...
ABIX, 7:33pm ET

Factors including the high Australian dollar and the European debt crisis are expected to weigh on the December 2011 half-year earnings results of Australian companies. Macquarie Equities said listed companies were likely to report average...
ABIX, 7:33pm ET

Listed Australian banks are facing lacklustre interest by stockholders despite still recording record profits. Among the reasons are the environment of low demand for credit following the global financial crisis and the rising cost of wholesale...
ABIX, 7:33pm ET

David Cassidy of UBS says the February 2012 reporting season is likely to underline the two-speed nature of the Australian economy. He expects mining-related stocks to perform well, while sectors such as retailing, manufacturing and media are...
ABIX, 7:38pm ET

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Stock Market
By Alex MacDonald Of DOW JONES NEWSWIRES CAPE TOWN (Dow Jones)--U.K.-listed Anglo Pacific PLC (APF.LN ) is a rare breed for a mining sector-focused company. It's primary business isn't running a mine or owning a deposit,...
DowJones Select, 8:08am ET

Consolidated Press Holdings (CPH) has reported revenue of $A504.9m for the year to 30 June 2010, up from $A432.3m in 2009. CPH paid $A60.1m in income tax in 2010, down from $A66.7m in 2009, and reported net profit of $A175.2m, against $A167.5m...
ABIX, 7:43pm ET

February 5, 2012 (FinancialWire) -- Customized entrepreneurial venture-backed debt financing company Hercules Technology Growth Capital (NASDAQ:HTGC) said its portfolio company, BARRX Medical Inc., completed the sale of all of its outstanding...
Investrend, 11:08am ET

The Finance Ministry is likely to reduce Securities Transaction Tax (STT) on equity trade in the forthcoming Budget in a bid to boost the capital market despite pressure to improve revenue collection. The ministry,...
Asia Pulse Data Source, 6:48pm ET

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