Investment Company
Heffernan Holdings (BVI) is made up of a number of investment holding companies. It operates through various business divisions in Asia: Property, Technology, Finance, Mining, Energy, and Industrial.
The company owns and operates a number of subsidiaries, is involved in joint ventures and partnerships as well as being invested in many listed securities and private ventures. Among these companies are Ebeling Heffernan, Archer Asia, Xirxi, Buzz, SplashScreen, Xtreme Developments, and more.
Heffernan Holdings holds positions in over 80 listed companies to varying degrees as well as being invested in commodities and other derivative markets.
News
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EU financial supervision architecture
EU reaches deal on new financial supervision architecture
Negotiators from European Union ( EU) member states and the European Parliament reached a deal late Thursday to establish a new financial supervision architecture across the 27 Nation bloc.
"We have reached a crucial milestone. We have reached a political consensus on the creation of a European financial supervisory framework," said M [...]
China Business News in Brief
TIBET STARTS CONSTRUCTION OF CONVERTOR STATION IN LHASA
Construction of a convertor station in Lhasa, capital of Tibet Autonomous Region, began Thursday as part of a power transmission and transformation project to ensure supplies to the region.
The station, in Lhunzhub County at an altitude of 3,800 meters, is scheduled to be completed and put into operation by Y 2012.
T [...]
US jobs data allay Double Dip concerns
Fears of a double-dip recession in the US were allayed on Friday by data showing that the private sector had created 235,000 jobs in the past 3 months.
The addition of a better-than-expected 67,000 private-sector jobs in August and upward revisions to data for the previous two months ends a run of bad data that had fed fears that the US economy could slip back into recession.
But job creati [...]
US Stocks; Wall St has best week in 6
Wall Street has ts best week in 6 Friday after economic data, including a stronger-than-expected labor market report, helped soothe fears the economy could fall back into recession.
The S&P 500 has gained more than 5% in the last 4 days. Treasury debt prices have fallen, while the USD dipped as players moved out of safe havens.
The S&P traded above 1,100 for the first time since August 11 an [...]
Asean Stocks Set Records
The Jakarta Composite Index rose 42.13 points, or 1.4 percent, to 3,164.28, closing at a record high. The index gained 1.9 percent for the week.
Volume was strong, with 4.8 billion shares worth Rp 4.1 trillion ($455.1 million) changing hands. Gainers outnumbered decliners 119 to 67.
Adaro Energy, the country's second-biggest coal producer, rose 2.8 percent, ending a six-day slide. The mine [...]
