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Forest Enterprises Australia (FEA) is looking for equity partners. The company is taking this step since it wants to restructure its finances and requires a second party in being able to do so.

In an application sent to the Australian Securities Exchange, it has asked the exchange to extend the time for suspending its shares. FEA said that since it has begun to reduce its debt and secure more working capital, it needs more time to be able to prove its worth.

As of now, April 19 has been decided as the share suspension date. The timber company was asked to stop trading since February this year.

Micro -Star International (MSI) which was first announced at CeBitin the year 2008 with its Wind might have had a tough time in America but it is for sure that the company has not lost hope entirely as it continues to launch its new offering -P600.

P600 is a 15.6 inch netbook which is just the product for everyone, especially suiting the tastes of business people. It boasts of a Core i5 processor, and a ECO Engine (for saving power when the system is not in use) and for that extra safety feature biometric fingerprint reader has been infused for keeping the documents under wraps and a multitouch track pad to boot.

Asciano Ltd. has signed a contract with Sadleirs Transport for making long-term rail haulage system. The total worth of the contract is $150 million over the next seven years.

While Asciano is into the business of operating ports and rail roads, Sadleirs is into freight forwarding segment.

Pacific National is the parent company of Asciano and it would be managing the transport needs of Sadleirs' in between Melbourne and Perth. The company already looks after the transport rail vans system between Sydney and Perth.

The recent release of Sony - Equinox seeks to ask its users whether Flip is still a hit or not.

The average phone which has mediocre features will soon be released for the US market in the nearing months. With a list of features to brandish such as a 2.2-inch QVGA screen, 3.2-megapixel camera, 3G, Bluetooth, it still stands off the hook against the readily available smartphones and touch screen phones.

The Dollar-Yen broke the rising trend line from 89.61, and the support specified in yesterday's report 90.33, dropped to 89.81, without being able to go lower than Thursday's low 89.74. This morning the price came back to test the broken trend line (please refer to the attached chart).

The Euro broke the support specified in yesterday's report 1.3501, only to stop in the middle of the way to the target 1.3422, at 1.3462 in specific. This is the fifth time that the EURUSD reaches a daily low in the same area, without being able to break it. In Addition to yesterday's low, the Euro has bottomed in the neighborhood on: Feb 19th (low 1.3442), Feb 25th (low 1.3450), Mar 1st (low 1.3459) & Mar 2nd (low 1.3434). And after 3 weeks, we come back to the same area, as if we needed another bottom here to realize just how important this support area is.