Articles by UBS AG
Swiss Home Prices Approaching 1989 Bubble Levels, Warn Swiss Banks
August 07 2014 1:33 PM
Risks of an impending housing bubble are threatening Switzerland's real estate market following mortgage and property price jumps during the second quarter that surpassed economic growth, Bloomberg said in a report.
El Niño Update: 2014 Threat Easing, ‘Unlikely to be a Strong Event’ – Australia BoM
July 30 2014 1:08 PM
The looming threat of an El Niño in 2014 is easing up and is unlikely to be a strong event should it strike during spring time, Australia's Bureau of Meteorology said on Tuesday.
Iron Ore Prices to Gain 39% in Q4, Spurred by China's Re-newed Appetite
August 22 2012 4:37 PM
Spot prices of key steel-making ingredient iron ore have been forecast to gain as much as 39 per cent in the fourth quarter of the year, spurred by a possible renewed buying spree from China and reversing the fall in demand in the last first two quarters.
Australia’s Forecast Earnings from Planned Mining Tax Less Than Expected – UBS
June 25 2012 1:08 PM
Reality bites. With commodity prices taking a continued beating owing to the massive slowing global economic growth, investment bank UBS AG said it is impossible for Australia to generate the forecast earnings from its planned Mineral Resources Rent Tax (MRRT) in the next two years.
TRUenergy Dares A$3B IPO in Q4 2012
June 08 2012 12:51 PM
The Australian market is abuzz with activity after it received a much needed shot in the arm when TRUenergy, a subsidiary of Hong Kong-listed power utility CLP Holdings Ltd., on Thursday declared it will undertake an A$3 billion (US$2.98 billion) initial public offering (IPO) listing in November this year.
Gold to Slide $1,680/oz in 2012 on Improving Global Fiscal Outlook – UBS
March 30 2012 1:30 PM
Swiss bank UBS AG on Thursday slashed by 18 per cent its earlier gold price forecast for 2012 to $1,680 an ounce from $2,050 an ounce spurred by positive observations of a slowly improving fiscal health in most major economies.
China’s Exports to Slow Down in 2012
December 07 2011 12:49 PM
With Europe, China's most important market for exports, already hitting recession, crippled by its countries' maddening debt troubles, the world's second-largest economy may have to consider revising its current trade policies.
5,000 Jobs At Risk in Rio Tinto Aluminum Sell-off
October 18 2011 1:08 PM
Unemployment jitters have alluded at least 5,000 workers of Rio Tinto after the Anglo-Australian global miner announced on Monday it wants to divest from thirteen of its aluminum units, including refineries and smelters, to restructure its Alcan aluminum business and reinforce the company's financial performance.
Aussies outside cities to have more TV channels as Foxtel buys Austar
May 27 2011 8:26 AM
Australian consumers in regional areas will soon be able to enjoy access to new digital subscription channels, as long as regulators approve a new proposal to merge FOXTEL, Australia's largest pay-TV operator, with Austar United Communications Ltd. (AUN)
San Miguel raises $900m from global sale of bonds, shares
April 22 2011 5:34 AM
Philippine conglomerate San Miguel Corp. has raised $900 million in new capital from a public offering of common shares and convertible bonds to foreign investors
Barnett confirms BHP Billiton’s move on Woodside but strongly opposes the takeover
April 11 2011 1:46 PM
Assumption about BHP Billiton Ltd’s move on Woodside Petroleum Ltd after Royal Dutch Shell sold last year part of its share in the company, was proven by West Australian leader Colin Barnett.
Rio Tinto's iron ore slightly down
July 14 2010 10:16 PM
Rio Tinto Group, Australia's third largest mining firm, reported a lower iron ore production in the second quarter, a statement to the Australian Stock Exchange indicated.
S&P/ASX200, NZX50 remain steadfast
July 12 2010 5:38 PM
Australia's S&P/ASX200 was little changed at 4,396.40 as of 10:41 a.m. in Sydney. New Zealand's NZX 50 Index was little changed at 3,005.38 in Wellington.
Photon's Depressing Update
June 29 2010 1:38 PM
Photon Group likes to describe itself as "Australia's largest marketing and communications group"; yesterday it confir...
Eight US banks face scrutiny over securities misrepresentation
May 14 2010 5:53 PM
New York Attorney General Andrew Cuomo has launched an investigation on eight Wall Street banks following allegations that they provided misleading information to numerous ratings agencies in order to secure favourable rating on mortgage securities.