Showing posts with label Middle East. Show all posts
Showing posts with label Middle East. Show all posts

Tuesday, 10 July 2007

Komatsu may boost dividend to 50 yen by FY09 -paper

(Reuters) - For 2009/10, Komatsu's net profit is expected at 240 billion
yen, up 46 percent from the year ended March, thanks to
construction booms in markets such as China, Europe and the
Middle East, the newspaper said.




Read more at Reuters.com Market News

Sunday, 01 July 2007

Asian Oil Stocks Climb, Led by Woodside Petroleum; Mitsubishi Estate Drops

(Bloomberg) -- Asian energy stocks rose, led by
Woodside Petroleum Ltd., after declining U.S. stockpiles and
attempted car bombings in the U.K. lifted the price of crude oil
to a 10-month high.

``Terror threats seem to benefit energy shares as the market
always seems to tie it back to the Middle East and risks to
supply,'' said Shane Oliver, who helps manage the equivalent of
$83 billion at AMP Capital Investors in Sydney. ``You tend to see
the oil price pushed up, benefiting shares.''


Read more at Bloomberg Stocks News