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Nippon Steel seeks nearly 20 pct rise in product prices

2013-06-04 18:10:20| Steel - Topix.net

Nippon Steel & Sumitomo Metal Corp said on Tuesday it will seek an almost 20 percent price rise on the products it sells to Japanese manufacturers between April and September, to pass on higher material costs due to the yen's fall.

Tags: product prices rise steel

 

Hong Kong shares to open down 0.2 pct, China Unicom falls

2013-05-27 07:36:12| Telecom - Topix.net

Hong Kong shares were set to open lower on Monday, dragged down by a 1.6 percent loss for mobile phone operator China Unicom Ltd that topped falls among Hang Seng Index components.

Tags: open china hong kong

 
 

Freeport Indonesia union says 35-40 pct of workers resume work

2013-05-25 12:38:15| Real Estate - Topix.net

Between 35 and 40 percent of workers at Freeport McMoRan Copper & Gold Inc's Indonesian unit returned to work on Saturday to carry out maintenance work after a training tunnel collapse that killed 28 people, a union official said.

Tags: work union workers resume

 

Orascom Telecom shareholders tender 10 pct in Altimo offer

2013-05-25 05:50:32| Telecom - Topix.net

CAIRO/MOSCOW: Egypt's Orascom Telecom is closer to being delisted, sources said Friday, after holders of around 10 percent of its stock agreed to be bought out.

Tags: offer telecom tender shareholders

 

Hong Kong shares to open up 0.6 pct, Li & Fung jumps

2013-05-15 05:44:05| Logistics - Topix.net

Hong Kong shares are poised to start higher on Wednesday, with index gains buoyed by a 6 percent jump for supply chain manager Li & Fung after its chairman was reported to have said earnings this year will rebound to 2011 levels.

Tags: open hong kong hong kong

 

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