Press Releases from Asset Castle Investments (4 total)
Asset Castle Investments Follows South Africa's Amplats Warn H1 Profit To Fall A …
Anglo American Platinum (Amplats) expects its half-year profit to fall by at least 20 percent due to weaker metal prices, the South African miner said on Tuesday.
Platinum prices have been hurt by growth concerns in China and oversupply worries which have forced firms to abandon projects and sell mines.
Amplats, which produces around 40 percent of the world's platinum group metals, said it would make a further announcement once it had…
Asset Castle Investments Follows India Closely As It Announces Sweeping Foreign …
This week on Monday India announced a sweeping relaxation of foreign direct investment rules in civil aviation, defence and a string of other sectors as part of efforts to open up the economy.
The government freed up nine areas of the economy, including allowing foreign companies to wholly own local airlines as it looks to spur investment in the world’s second most populous country.
Prime Minister Narendra Modi tweeted that the “radical”…
Asset Castle Investments Follows Apple When Ordered To Stop iPhone 6 Sales In Ch …
This week Apple has been told to suspend sales of two versions of the iPhone 6 in Beijing because they are too similar to a competitor.
The order by an intellectual property tribunal said the iPhone 6 and 6 Plus infringed a design patent for the 100C model made by Shenzhen Beili, a small Chinese brand.
The order was issued in May but reported this week by Chinese media.
Apple said it had…
Asset Castle Investments Follows Google’s Street View Plans In India Very Clos …
Google’s plans to introduce its popular “Street View” service in India have hit a roadblock after the interior ministry Friday said it had rejected an application from the tech giant, although the government could yet approve it.
The company applied several months ago to bring in the street-mapping feature showing 360-degree panoramic images of streets, monuments, mountains and rivers, a service it first introduced in the US in 2007.
An interior ministry…
