Saturday March 13, 08:47Premium risk at Prudential
Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.
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Friday March 12, 07:58Lithium and rare earths markets poised for growth
Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology
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Friday March 12, 07:51White Energy enters coal deal with China Guodian Group
White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding
heads of agreement with state owned Guodian Inner Mongolian Energy
Sources Co Limited to develop a coal upgrading [...]
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Babcock & Brown is a leading global alternative asset manager specialising in the origination and management of asset in sectors where Babcock & Brown has a leading franchise and proven track record, and where there are opportunities to add scale: Infrastructure, Air Operating Leasing and selected Real Estate.
Babcock & Brown share price up on sale rumours
Babcock & Brown's (ASX:BNB) shares have spiked on the ASX today by 14.5 cents, or 58% to 39.5 cents. Market rumours are that Babcock's bankers may allow the company time to sell off assets to reduce debt levels. Trading volumes were extremely heavy at 35 million shares at lunch.
However, there has been no announcement by the company on the rumours.
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