Energy
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
Foreign groups prepare Myanmar oil bids
Energy industry remains undeveloped by international standards, but there are questions over geology and the legal and operating environment