BizFinance
Australia shares seen opening higher with eyes on local data and rate decision
SYDNEY, Nov 4 (Reuters) – Australian shares are likely to open higher on Monday on better-than-expected manufacturing data from the United States, while investors will watch for a slew of local economic data on the day and the Reserve Bank of Australia’s rate decision on Tuesday. * Local share price index futures rose 0.4 percent to 5,414.0, a 2.9-point premium to the underlying S&P/ASX 200 index close. The benchmark slipped 0.3 percent on Friday, but ended the month 4 percent higher to
Shunfeng scoops up bankrupt Suntech unit
Hong Kong-listed solar company buys Chinese assets of troubled Suntech even as Wuxi authorities parry bondholder efforts to liquidate company
Warburg Pincus sells stake in Australia’s Transpacific – report
PERTH, Nov 3 (Reuters) – Private equity firm Warburg Pincus sold its entire 33.9 percent stake in Australian waste management firm Transpacific Industries Group (TPI.AX) through UBS, the Australian…
