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Tag Archives: Asia
Worries Grow About BHP Deal for Potash
will the deal go through? If not, CAD 130/share is the target! –
From the NYTimes.com- DealBook
Potash Corporation of Saskatchewan investors seem to fear that the Canadian government may block BHP Billiton’s hostile bid for the company, analysts said.
Go to Article from The New York Times:
Potash chief Bill Doyle urged patience for investors expecting an alternative to BHP Billiton’s $40 billion bid, two months after starting talks with potential suitors, Bloomberg News reported.
Go to Article from Bloomberg News:
China: Employment Situation ‘Very Grave’ – Spokesman
September 10, 2010
China’s employment situation is “very grave,” with job seekers outnumbering jobs by two to one in 2010, Chinese Ministry of Human Resources and Social Security spokesman Yin Chengji said Sept. 10, Xinhua reported. Yin said 12 million jobs were available this year for 24 million people, including 6.3 million new college graduates and 6 million high school graduates. Beijing must help shift people from rural areas to cities, Yin said. There is also an issue with structural unemployment, Yin said, adding that Beijing will continue to prioritize employment. At the end of 2009, China’s urban unemployment rate was 4.3 percent, with 9.21 million unemployed, according to a Human Resources white paper.