Monday, March 24, 2008

JSE-listed company believes its gensets can offer some short-term relief


Equipment-supply company Barloworld Equipment is seeking to pump more than 500 MW of Caterpillar electric generating equipment into the economy this year to help

Chinas Shanghai Index Sinks 4.5 Percent

Chinese stocks fell sharply Monday as institutional investors sat out the market despite hopes that Ma Ying-jeous election as Taiwans president will bring an economic boost to the region.

Japanese Property, Financial Stocks Rise

Japanese shares rose Friday, buoyed by gains in property developers and financial issues. The Nikkei 225 Stock Average rose 222.13 points, or 1.81 percent, to close at 12,482.57 on the Tokyo Stock Exchange. The index rose following a 2.48 percent advance Wednesday.