Guangshen Railway Co (GSH) is the lone foreign railroad listed in the New York Stock Exchange other than the Canadian railroads. From the Wikipedia: “Guangshen Railway Company Limited operator of Guangshen Railway, the 152-kilometre railway link between Guangzhou and Shenzhen in Guangdong, China. The company is engaged in railway passenger and freight transportation businesses between …
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During the World Economic Forum in Davos, Switzerland in January, the Global 100 Most Sustainable Corporations for 2009 was announced by Corporate Knights Inc., a Canadian media company and Innovest Strategic Value Advisors, a New York-based investment advisory firm. These 100 companies from 15 countries “were evaluated according to how effectively they manage environmental, social …
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The Asset magazine based in Hong Kong announced The Asset Triple A Transaction Banking Award Winners for 2009 last week. The awards were given for different categories such as cash management, trade finance, etc. The winners for this year are: Best Transaction Bank – Deutsche Bank (DB) Best Cash Management Bank – HSBC (HBC) Best …
1.MOSCOW – Russia’s Prime Minister Vladimir Putin has put his signature on one of the strangest mine prospector’s pay-sheets drafted in the history of mining. For companies such as listed and cash-rich Chinese goldminers Zijin Mining Group and Zhongjin Gold Corp, now experiencing almost vertical share-price takeoffs, Putin’s message is to stay away, at least …
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Geneva,Switzerland-based The International Air Transport Association (IATA) announced a revised outlook for the airline industry in 2009. Due to the worsening economic conditions worldwide, IATA increased the global loss outlook from $2.5B in December to $4.7B now. Some of the key points from the news release are: Air Cargo demand is to decline 13% this …
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