Business Services Industry
BHP, Rio to gain if China revalues, says Deutsche.
Australasian Business Intelligence, May, 2005
May 30, 2005 (The Age - ABIX via COMTEX)
Deutsche Bank analysts claim BHP Billiton and Rio Tinto stand to benefit if China does revalue the yuan via a managed float. A report issued in May 2005 suggests a stronger currency would boost imports and curb exports. The research claims Chinese exports could be cut by 7.8 per cent and imports could rise by 4.8 per cent under a scenario in which the yuan is revalued 10 per cent. Deutsche Bank has a "buy" recommendation on Rio, on zinc miner Zinifex, and on Alumina Limited.
Publication Date: 31 May 2005
RIO TINTO LIMITED - ASX RIO:
BHP BILLITON LIMITED - ASX BHP:
DEUTSCHE BANK AG:
ALUMINA LIMITED - ASX AWC:
ZINIFEX LIMITED - ASX ZFX
By Xiao Yu
All copyright...
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express