DAWI NEWS

LATEST NEWS HEADLINES

Chamber supports compulsory acquisition The Chamber of Minerals and Energy says the State Government's compulsory acquisition of land in the Kimberley for a gas processing hub will bring opportunities to the local community.

Taiwan-Sydney flight grounded over 'bomb threat' A China Airlines flight bound for Sydney has been grounded for safety checks following an alleged bomb threat, airport police say.

FTSE 100 – UK MARKET

DOW JONES – US MARKET

US stocks soar after employment data US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track.

Strong week for share market THE Australian share market on Friday ended the week with a third successive gain.

Share market higher at noon THE stock market was higher at noon, after losing some ground with all four major banks falling into negative territory.

Dollar up on firm US data THE dollar opened higher today on positive pieces of US economic data and a move back towards riskier assets.

Wall St jumps on positive data WALL Street stocks advanced today as better-than-expected jobs and housing data helped sustain the previous day's boom ahead of a key monthly employment report.

Market Closes Modestly Higher After Financials Declines The local share... Related posts:Market Closes Higher With Major Bank GainsMarket Closes HigherMarket Closes Higher Led by Consumer Discretionary visit egoli.com.au for the full story by Egoli


AusTex Oil Kansas Update AusTex Oil Limited... Related posts:GGE Napoleonville Salt Dome UpdateDrilling Update: Ooraminna 2Operational Update Mako Energy visit egoli.com.au for the full story by Egoli


Eurogold Loan Repayment Eurogold Limited... Related posts:MCW agrees to loan facility extensionAWB sells loan book to ANZResource Wrap: 4 May 2010 – MZI, TAM, MCC visit egoli.com.au for the full story by Egoli


Redstone Resources $4M Capital Raising Redstone Resources... Related posts:DRK: Strong Copper Gold IntersectionsResource Wrap: 08 June 2010 – TASFinders Fully Subscribed Capital Raising visit egoli.com.au for the full story by Egoli


DVN: Bacchus Marsh Residential Land Project Leading residential... Related posts:Devine Limited Bacchus Marsh Residential ProjectCSR Sells Residential DevelopmentDevine changes focus, profit slumps visit egoli.com.au for the full story by Egoli

Wall Street surges after jobs report Wall Street stocks soared on Friday as a much anticipated jobs report boosted hopes that the US economic recovery is on the right track.

Petrobras sells $US64 billion of stock Brazil's Petrobras has unveiled one of the world's biggest share offerings, a sale of up to $US64 billion in new stock to finance oil exploration.

Goldcorp bids for Andean Resources Canadian mining firm Goldcorp says it has offered to buy Australia's Andean Resources for 3.6 billion Canadian dollars ($A3.74 billion).

European shares close higher European share prices closed higher on Friday, with London's FTSE 100 index of leading shares up 1.06 per cent at 5,428.15 points.

Benitec Limited (ASX:BLT) To Broaden Research And Development Pipeline Benitec Limited (ASX:BLT) (PINK:BNIKF), a leading Australian based company specialising in RNA interference (RNAi) technology, is pleased to announce a strategy update and broadening of its R&D pipeline following the recent Board and management changes announced earlier this year.Until recently Benitec's research focus was solely based on its HIV/AIDS program at City of Hope in Duarte, California. Following encouraging Phase I results from the HIV/AIDS stem cell trial using a triple RNA-based construct, conducted by researchers at City of Hope and recently published in Science Translational Medicine, Benitec is now committed to further demonstrating the power of its ddRNAi technology for gene silencing in a variety of diseases, including hepatitis B, non-small cell lung cancer, hepatitis C (licensed to Tacere Therapeutics) and HIV/AIDS.Benitec CEO, Dr Peter French said: "Benitec has a growing pipeline of valuable assets backed by a strong IP position. The Company is entering an exciting new era, using its predominant patent position in RNAi to build a broad portfolio of clinical and pre-clinical programs to demonstrate the power and the range of its ddRNAi technology."A previously announced pilot study of safety and feasibility of using the same construct to transfect T cells in HIV/AIDS patients who have failed HAART therapy has been put on hold primarily due to patient recruitment challenges arising from the trial's eligibility requirements. Benitec and City of Hope are now in discussions to redesign the program with an objective of partnering or out-licensing the program to an industry partner with an interest in HIV/AIDS therapeutics.Peter French Chief Executive Officer Benitec Limited Mob: +61-412-457-595 Email: pfrench@benitec.com http://www.benitec.com

Trony Solar Holdings Company Limited (NYSE:TRO) To Co-Develop New Building-In... Trony Solar Holdings Company Limited (NYSE:TRO) ("Trony") inaugurated its Hong Kong office in Hong Kong Science & Technology Parks today. The ceremony was jointly hosted by Dr. Poon Kit, Under Secretary for the Environment, Mr. Ken Hui Kin Nam, Vice President for Marketing and Admission at Hong Kong Science and Technology Parks Corporation (HKSTPC), Mr. SIN Chung-kai, a member of The Greater Pearl River Delta Business Council and Mr. Li Yi, Chairman and CEO of Trony.Trony is the world's fourth largest thin film solar module producer in the world and ranks first in China in terms of production volume. Trony is committed to solar power research, and has obtained 92 patents on solar power application technology. It was also granted the "China Outstanding Patent Award" by the State Intellectual Property Office in the "11th China Patent Awards" in 2009. Trony also participated in a number of state-funded research projects, including the National High-tech R&D Program 863.The purpose of Trony settling in Hong Kong Science & Technology Parks is to expand the scope of solar power applications through cooperation with other enterprises which are involved in related industries or outsourcing. Being a tenant in the Park will also allow Trony to utilize the laboratory there to develop more advanced technologies and solar power products. This will also help to promote the development of the solar power industry and market in Hong Kong.At the inaugural ceremony, Trony signed separate agreements with Hong Kong Polytechnic University and Hong Kong University of Science and Technology (HKUST) to co-develop solar battery technology.Trony and Hong Kong Polytechnic University will co-develop amorphous silicon photovoltaic modules / amorphous - microcrystalline tandem solar battery for photovoltaic power generation under the Guangdong-Hong Kong Technology Co-operation Funding Scheme. Trony will provide subsidies for the university in research and development. Both parties will jointl...