Mongolian Economy and Finance

The 4th global coking coal summit was held in Taiyuan (Shanxi Province, China) last week.

Mongolian Mining Corporation is looking to extend the maturity of a note due today as expanding supplies of coking coal push prices to record lows.

BEIJING, March 30 -- Chinese Premier Li Keqiang said the nation's reforms in boosting economic restructuring for a better growth mode will contribute to the improvement of people's livelihoods and concrete efforts are needed to realize the target.

Dallas, Texas 03/31/2014 (FINANCIALSTRENDS) – Turquoise Hill Resources Ltd (NYSE:TRQ) which is currently the owner of the Oyu Tolgoi, definitely is in the red, as it has yet to set up the funds required for operations.

WHAT: Samuel Tumiwa, Deputy Representative of the Asian Development Bank's North American Representative Office, will be visiting Toronto on April 2 and is available to speak on business opportunities for Canadian businesses with the Manila-based Asian Development Bank.

No Medals from Judo Grand Prix, Samsun 2014 March 31 (infomongolia.com) Mongolian 14 judokas have participated in the Judo Grand Prix, Samsun 2014 that took place in Turkey on March 28-30, 2014.

Washington - Defence Secretary Chuck Hagel, pushing for openness ahead of a trip to China, said on Friday in an unusual live broadcast from a secretive base the Pentagon would exercise restraint in using the military in cyberspace and urged other nations to do so as well.

The Mongolian economy, not long ago the darling of the global investment community, has hit another rough patch—with a bank collapse, slumping commodity exports, a devaluing currency, and a sharp slide in government bond prices all conspiring to produce a string of bad news.

Mongolian Mining Corp. (975) is looking to extend the maturity of a note due today as expanding supplies of coking coal push prices to record lows.

iNVEZZ.com, Monday, March 31: Glencore Xstrata (LON:GLEN) has reached a preliminary deal with Mauritania for a $1 billion contract for access to railway and port facilities, as part of its plans to expand into iron ore mining, the Financial Times reported yesterday.

Parvathy Omanakuttan, Miss World 2008 first runner-up, is currently shooting for Hindi film Pizza, a psychological thriller and a remake of the Tamil film by the same name.

BEIJING, March 30 (Xinhua) -- Chinese Premier Li Keqiang said the nation's reforms in boosting economic restructuring for a better growth mode will contribute to the improvement of people's livelihoods and concrete efforts are needed to realize the target.

Earthquake early warning system tested March 30 (UB Post) On Thursday, the National Emergency Management Agency (NEMA) tested its new earthquake early warning system in Ulaanbaatar, setting off sirens at 4 p.m. and instructing citizens on how to protect themselves and minimize possible earthquake related casualties in an emergency.

Outsourcing employment meeting runs Ulaanbaatar, March 28 (MONTSAME) A meeting themed “New gateway of outsourcing employment” ran at the Labor Exchange Central Office March 26.

Oates defeated Israel's Bar Raufman before losing to Mongolia's Altansukh Dovdon to enter the repechage.

TEAMS that will fill up the three brackets for the AFC President's Cup 2014 Group Stage will be known today when the official draw takes place in Kuala Lumpur, Malaysia.

Panaji, March 29: Russia, which sends the largest contingent of foreign tourists to Goa, will make its presence felt at the Goa International Travel Mart (GITM) being held here next month.

The state’s mining and resources industry is in turmoil with a Federal Government report claiming more coal mines will shut more jobs will be lost and aluminium production in Gladstone had become temporarily uneconomic.

Western powers had to "twist the arms" of some 50 countries to get their support for the UN General Assembly resolution on Ukraine, Foreign Minister Sergei Lavrov told Sergei Brilev's Vesti v Subbotu (News on Saturday) television programme on March 29.

Last season's Bangladesh League Champions Sheikh Russel KC were drawn in an all South Asia Group A of the AFC President's Cup as the draw of the tenth edition AFC's third-tier club competition was held in Kuala Lumpur yesterday.

#1: Ethiopia

MANILA, Philippines - Ceres-La Salle FC can lean on the home field advantage and crowd support in the Asian Football Confederation President’s Cup group stages as the Philippines got hosting rights for Group B hostilities in May in Bacolod City.

As boomng fashion chain Karen Millen heads upmarket with new stores for New York’s Fifth Avenue and London’s Knightsbridge, it comes as a surprise to hear chief executive Mike Shearwood also talk enthusiastically about a launch in Ulan Bator, the capital of Mongolia.

Kuala Lumpur: One morning, many stories.

WASHINGTON, D.C., — Tomicah S. Tillemann, a senior advisor to U.S. Secretary of State John Kerry, told interns of the BYU Washington Seminar in Washington D.C. that “deciding to go on a mission was the single most important decision” in his life.

KUALA LUMPUR, Malaysia — One morning, many stories.

Don't speak English but need medical help? Not a problem if you are a CentraCare Health patient.

A coal-linked project in China's dry Inner Mongolian region has caused a local water table to plunge and a local lake to shrink.

Anyone who thought climate change was something happening far away, to someone else, should think again.

A senior North Korean diplomat on Saturday arrived in Beijing for the country's first formal meeting in more than a year with Japan.

The second half of back-to-back Judo Grand Prix weekends heads to Turkey, all the finals will stream live right here on Bloody Elbow.

Expansion and strategic partnerships top Putin'€™s agenda

APU operates a vodka factory with an annual capacity of 200,000 hectolitres of finished product, and has since 2008 been making pure alcohol from wheat in a greenfield distillery, up to 38 tons of it per day.

The still-youthful privately owned company dates back only to 1997.

WASHINGTON (Reuters) – Defense Secretary Chuck Hagel, pushing for openness ahead of a trip to China, said on Friday in an unusual live broadcast from a secretive base the Pentagon would exercise restraint in using the military in cyberspace and urged other nations to do so as well.

KARACHI: The Premier League champions Khan Research Laboratories (KRL) were on Friday clubbed in Group A, featuring all the South Asian clubs, as the Asian Football Confederation (AFC) unveiled draws for the AFC President’s Cup first round to be held in May.

LONDON (Alliance News) - Origo Partners PLC Friday said portfolio company Kincora Copper Ltd has raised CAD5.0 million in an oversubscribed private placement with new and existing investors.

TOKYO, March 28 (KUNA) -- Japan could ease its sanctions against North Korea if Pyongyang shows a positive approach toward resolving the abduction issue, a state minister said Friday, ahead of planned high-level talks between the two countries next week.

Jeju Island – Disaster experts from China, Japan and the Republic of Korea today agreed to launch joint research aimed at enhancing the compatibility of disaster data and terminology across North-East Asia.

United Photovoltaics (United PV), a Chinese solar project developer and producer of polysilicon formerly known as Goldpoly , has this week wrapped up the acquisition of a number of PV projects in China with the combined capacity of 295 MW.

Copper climbed for a second day in London, extending the biggest weekly advance in six months, on speculation that top user China will take further steps to bolster economic growth.

KARACHI: Pakistan Premier Football League (PPFL) champions Khan Research Laboratories (KRL) were drawn with three fellow South Asian teams in the group stage of the AFC President’s Cup on Friday.

The Ergaki ridge, the heart of the Western Sayan mountains is one of the most popular nature parks in Russia, where every year thousands of tourists flock from around the world for tent pilgrimag.

VANCOUVER - Turquoise Hill Resources Ltd. (TSX:TRQ) says it may have to ask lenders to extend financing for its flagship Oyu Tolgoi copper and gold project while talks with the Mongolian government over shareholder and other issues continue.

On Wednesday, SunPower Corporation ( NASDAQ:SPWR ) announced that it landed a milestone solar supply deal.

MINSK, 28 March (BelTA) – The House of Representatives of the National Assembly of Belarus plans to adopt a bill on the ratification of the intergovernmental agreement with Mongolia on cooperation in education, BelTA learnt from Deputy Chairperson of the House of Representatives’ permanent commission on education, culture and science Taisa Danilevich.

When it comes to Ukraine, Chinese officials are in a bit of a bind. On the one hand, they don’t like the U.S. hectoring other nations, which they see America as doing to Russia.

WASHINGTON — Chuck Hagel is headed to China.

The 2070 Red Bull A division title holders Laxmi Hyundai Manang Marsyangdi club face comparatively easy task in the group stage of 2014 AFC President cup match.

The market rose over the past five sessions despite a stronger dollar putting pressure on exporters, while Australia's largest trading partner China struggles to reform its credit market and rebalance its economy without putting the brakes on growth.

CHAR SIU BAO

Defense Secretary Chuck Hagel will host a meeting of defense ministers from Asia in Hawaii next week.

SunPower , one of North America’s largest solar companies, said that it would be supplying over 70 megawatts of photovoltaic cell packages to the the Huaxia Concentrated Photovoltaic Power Joint Venture in China.

Next week, Defense Secretary Chuck Hagel will convene the first U.S.-hosted meeting of the Association of Southeast Asian Nations, Defense Department Press Secretary Navy Rear Adm. John Kirby said today in a press briefing here.

WASHINGTON (Jiji Press)—U.S. Defense Secretary Chuck Hagel will visit Japan, China and Mongolia starting in early April, his department said.

Chinese solar energy developer United Photovoltaics (United PV) announced it finalized acquisition of several PV projects in Inner Mongolia and China's Hunan Province with a collective power production capacity of 295 megawatts, PV Magazine reported.

HOHHOT, March 28 (Xinhua) -- China's first rare earth products exchange opened on Friday in Inner Mongolia Autonomous Region after a three-month trial.

Foreign Affairs Minister receives Ambassador from Vietnam March 28 (news.mn) The Minister of Foreign Affairs of Mongolia L.Bold received the Ambassador Extraordinary and Plenipotentiary to Mongolia from the Socialist Republic of Vietnam, Phan Dang Duong, for the presentation of the new Ambassador’s Credentials and to exchange views on bilateral cooperation on March 27th, 2014. 

Rio Tinto faces more delays on its $US6 billion Mongolian copper and gold project after it was revealed that an agreement with the Mongolian government could be at least four months away.

Mongolia’s economy grew nearly 12 percent last year, the United States around 2 percent.

Analysts at Paradigm Capital dropped their target price on shares of Denison Mines Corp. (TSE:DML) from C$2.40 to C$2.25 in a research report issued to clients and investors on Tuesday, AR Network reports.

If there's one thing that's really big in the population size debate, it's the size of the scare campaigns made by both sides.

WASHINGTON (AP) — Defense Secretary Chuck Hagel will travel to the Pacific next week to convene a meeting of defense ministers from Asia, against the backdrop of the massive regional response to the loss of the Malaysian jetliner.

WASHINGTON, March 27 (Yonhap) -- Chuck Hagel will make his first trip to China as Pentagon chief early next month as part of a regional tour without a stop in South Korea, his department announced Thursday.

Kakuryu hailed as the 71st Yokozuna in history March 27 (UB Post) The Japan Sumo Association announced that Mongolian sumo wrestler Kakuryu M.Anand became the 71st Yokozuna, the highest title in sumo wrestling.

Mongolia to cooperate with South Korea special protection sector Ulaanbaatar, March 27 (MONTSAME) South Korean delegation led by Mr Park Bo Hwan, a head of department for special protection area, are visiting Mongolia March 25-28 in frames of the cooperation between the Ministries of Environment of Mongolia and S.Korea.

Marking 65th Anniversary of Establishment of Diplomatic Relations, Honorary Consulate of Mongolia Established in Tirana, Albania March 27 (infomongolia.com) On March 25-26, 2014, Mongolian delegation led by Deputy Foreign Minister D.Gankhuyag has conducted a working visit to the Republic of Albania, which is considered significant because made as first visit since 1957.

Premier Li Keqiang has pledged to rebuild more of the country's shantytowns this year as part of planned urbanization and efforts to improve people's living conditions.

FXStreet (Łódź) - Chinese stocks fell on Thursday, with the Shanghai Composite Index dropping 0.8% to 2,046.59 at the close.

BEIJING, March 26, 2014 (GLOBE NEWSWIRE) -- eFuture Information Technology Inc. (Nasdaq:EFUT) (the "Company" or "eFuture"), a leading provider of software and services in China's rapidly growing retail and consumer goods industries, today announced that it has signed an strategic agreement to provide a series of omni-channel solutions for Shanxi Meetall Chain Supermarket Co., Ltd., a subsidiary of Shanxi Meetall Group ("Meetall Group" or "the Group"), a leading Chinese grocery retailer and member of the global SPAR International group.

Cleveland, Ohio - Childhood can be tough – especially if you're an orphaned boy of 10 forced to raise your younger sister and teenage alcoholic brother.

Rio Tinto faces more delays on its $US6 billion Mongolian copper and gold project after it was revealed that an agreement with the Mongolian government could be at least four months away.

Shanghai Cooperation Organization (SCO) members are holding a second expert panel consultation on anti-terrorism in Beijing, Defense Ministry spokesman Geng Yansheng said on Thursday.

Health Minister at ‘11 11’ Center Ulaanbaatar, March 26 (MONTSAME) Health Minister N.Udval worked at ‘11 11’ Center of the Government on Wednesday.

Canada's main stock index had erased earlier gains midday Wednesday, even as bullish U.S. economic data and an easing of tensions over Ukraine helped support sentiment.

VANCOUVER - Turquoise Hill Resources Ltd. (TSX:TRQ) says it may have to ask lenders to extend financing for its flagship Oyu Tolgoi copper and gold project while talks with the Mongolian government over shareholder and other issues continue.

SunPower Corp. ( SPWR - Analyst Report ) has plans to supply 70 megawatts (MW) of cell packages comprising C7 solar concentrator photovoltaic technology to a Chinese consortium, the Huaxia Concentrated Photovoltaic Power Co., Ltd., a joint venture (JV) in Inner Mongolia, China.

GENEVA/WASHINGTON — China has lost a dispute at the World Trade Organization over limits on rare earth and metals exports, handing Europe and the United States a victory over what they see as Beijing's unfair trade practices.

Shangri-La Hotels and Resorts will replace approximately two million complimentary print newspapers distributed annually to guests with environmentally-friendly digital versions beginning 29 March.

Turquoise Hill Resources Ltd. , the miner controlled by Rio Tinto Group, may ask lenders to extend financing for the $6.2 billion Oyu Tolgoi copper and gold project as talks continue with the Mongolian government.

Acquisitive Mining Projects Group ( ASX:MPJ ) has upped the ante in the prolific Fraser Range in Western Australia with project and tenement acquisitions and teaming with renowned Nickel prospectors Bill Amann and Adrian Black.

Parliamentary Offices of Mongolia and Laos to Cooperate Ulaanbaatar, March 26 (MONTSAME) The Parliamentary Offices of the Mongolian State Great Khural and the Lao National Assembly will collaborate in ways of co-organizing bilateral meetings during forums of the Inter-Parliamentary Union (IPU) and other international and regional meetings.

Reuters reported that SouthGobi Resources Limited, a Canadian coal miner with operations in Mongolia, could default on a debt repayment and was looking to raise money, sending its shares down as much as 29% in afternoon trading.

Shangri-La Hotels and Resorts will replace approximately two million complimentary print newspapers distributed annually to guests with environmentally-friendly digital versions beginning 29 March.

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/25/14 -- Maple Leaf Green World (TSX VENTURE:MGW) ("Maple Leaf" or the "Company") announces that it has engaged a professional consulting group to advise on opportunities to obtain an MMPR License (Marijuana for Medical Purposes Regulation License) from Health Canada and follow on business opportunities.

The average price of benchmark 5,500kcal/kg steam coal in Qinhuangdao held steady 525 yuan/ton in the week through March 23, slightly above 520 yuan/ton, the lowest level spotted in 2013, according to Cqcoal.com.

PHILADELPHIA (CBS) - This “winter that just won’t end” has been trying for us humans, but it’s been murder on a type of bug that’s devastating Pennsylvania’s state tree.

Kincora Copper ( CVE:KCC ) completed a C$5mln private placement, subject to certain approvals, and said it will use the proceeds for high priority drilling and other exploration activities at its flagship Bronze Fox license in Mongolia.

Mongolia Economic Forum highlights scenarios for Mongolia through 2040 March 25 (UB Post) Mongolia’s biggest event on economic issues, the Mongolia Economic Forum, launched on Monday for the fifth time at the State Palace.

Vice Speaker Meets Ambassador of Estonia Ulaanbaatar, March 25 (MONTSAME) A Vice Speaker of parliament L.Tsog Monday received Mr Toomas Lukk, the Concurrent Non-Resident Ambassador of Estonia to Mongolia.

Hong Kong: Univan Shipmanagement has announced the appointment of Jens Kier as its Chief Financial Officer.

Family and friends are comforting Danica Weeks after it was confirmed today the Malaysian Airlines flight carrying her Kiwi husband Paul has been lost in the Indian Ocean.

Viking Ashanti is a step closer to acquiring the North Mongolian based Berkh Uul Coal Project after the board of unlisted Auminco gave it the green light to accept an off market takeover offer by Viking.

AT least 15 people were killed and 56 injured with a bus turned over and collided with a truck at 12:30am today in Chongqing on the G65 Highway that connects Baotou city in Inner Mongolia and Maoming in Guangdong.

SouthGobi Resources Ltd. (SGQ), a coal miner in Mongolia, is seeking additional financing to avoid a default on $250 million in debt, hurt by low prices and weaker-than-expected demand from Chinese buyers. Shares fell.

After more than two weeks of uncertainty, pain and fear, Malaysian Prime Minister Najib Razak yesterday confirmed what everyone already knew in their hearts: the missing Malaysia Airlines flight MH370 had crashed in the southern Indian Ocean, killing all 239 people on board.

Good morning. Here's my take on some of the stories driving the debate in politics, finance and social issues across Asia today.

Family and friends are comforting Danica Weeks hours after she heard the news that the Malaysia Airlines flight carrying her husband Paul has been confirmed lost in the Indian Ocean west of Perth.

The building that has served as North Korea’s de facto embassy in Tokyo is expected to be handed over to a real estate agent after years of wrangling over its sale, a move likely to deal a severe blow to operations of the pro-Pyongyang Korean group Chongryon that has occupied the property.

Robert Friedland, the founder of Toronto-listed Ivanhoe Mines, told delegates at the Mines & Money conference in Hong Kong on Tuesday that a greater adoption of clean technologies would be extremely positive for metals such as copper, palladium and platinum.

President Attends Festival of Nowruz Ulaanbaatar, March 23(MONTSAME) The President Ts.Elbegdorj attended a traditional festival called "Kara jorga" which took place on the Central Square on the eve of Nowruz--Lunar New Year of Kazakhs.

Daynsaikhan’s ger sits at the very edge of Ulan Bator. Completely surrounded by snow, it appears cold and isolated, just a few meters from an illegal trash site.

The Children's Heart Project family from across the U.S. joined together at Mayo Clinic in Rochester, Minn., on Thursday to give God the glory for providing life-saving surgery to 1,000 boys and girls.

A once-skinny kid from Mongolia who initially dreamed of playing professional basketball has traveled a long and bumpy road in Japan.

China Shanshui Cement Group Limited has released its results for the year ended 31 December 2013.

Few could have remained unmoved by the happiness of the elderly Shigeru and Sakie Yokota televised after their meeting in Mongolia with Kim Eun Gyong, daughter of their daughter, Megumi Yokota, who had been abducted by North Koreans from Japan back in 1977 at age 13.

ABU DHABI – The 2014 IIHF Challenge Cup of Asia ended with a victory by the smallest but decidedly toughest competing association, as Chinese Taipei, sparked by the dynamic scoring duo of Lifeng Lu and To Weng, won the tournament with a perfect record.

Denison Mines Corp. (TSE:DML) had its target price lifted by TD Securities from C$1.50 to C$1.75 in a research note released on Friday morning, AnalystRatings.Net reports.

Any owner of a domestic cat will tell you they are at their most vocal when they are desperate for attention, but one of their rare wild relatives could not be more different.

HONG KONG, CHINA--(Marketwired - March 24, 2014) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company").

US Imperialism is on the Rise again. They provoked and financed a Nazi Coup in ukraine to provoke Russia into Action.