Wah Nam's Brockman Joins Atlas, QR National On Pilbara Rail Study
China-backed miner Brockman Resources Ltd. has joined Atlas Iron Ltd. (AGO.AU) and QR National Ltd. (QRN.AU) in studying plans for new railway that could open up a new iron-ore production hub in Western Australia's Pilbara region, Brockman's parent Wah Nam International Holdings Ltd. (0159.HK) said
LG Chem: Being Investigated by US Justice Department on Possible Price Fixing of Lithium Batteries
LG Chem (051910.SE) is currently under investigation by the U.S. Department of Justice on possible price fixing of lithium batteries, a spokesman for the company said Tuesday.
Spain Mulls Turning Bad Bank into Investment Fund
The Spanish government is considering turning its so-called bad bank into an investment fund, as part of its banking-sector overhaul required under the terms of the European Union aid package, reports Expansion in its Tuesday Internet edition, citing investment-banking sources.
Japan Stocks Seesaw, With Telecoms Higher
Japanese stocks seesawed in opening trades Tuesday, with gains for defensive plays such as telecom shares helping support the market.
Australian Stocks Waver As Energy Offsets Miners
Australian shares hovered around the flat line in trading on Tuesday, with the S&P/ASX 200 index at 4,364.40.
Consolidated Media Sees News Corp. Bid Completed 4Q
Consolidated Media Holdings Ltd. (CMJ.AU) said Tuesday it expects News Corp.'s (NWS) 1.97 billion Australian dollar (US$2.06 billion) takeover bid to be completed in the fourth quarter of 2012, subject to shareholder and court approvals, as it reported a 2.4% increase in net profit for the fiscal
Everything Everywhere in Spectrum Talks - FT
Everything Everywhere, the mobile operator that runs the Orange and T-Mobile networks in the U.K., is in talks to sell spectrum capable of carrying next generation 4G mobile services to Hutchison Whampoa Ltd.'s (0013.HK) Three U.K. business, the Financial Times reported on its website Monday,
Sharp to Deliver Asset Report to Banks
Sharp Corp. (SHCAY) will submit an asset appraisal report to its banks next month to identify businesses the company has to sell in return for funding, the Reuters news agency said Monday on its website, citing unnamed sources at the lenders.
Lawsuit Accuses Online Travel Sites, Hotels of Price Fixing
A lawsuit filed on behalf of customers of major online travel sites and hotel operators accuses the companies, including Expedia Inc. (EXPE) and Marriott International Inc. (MAR), of conspiring to fix prices.