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Aug 12, 2011

ASIA News, Aug 12, 2011


Kazakh c.bank may up CPI target as pressures build
Reuters UK
Kazakhstan, Central Asia's largest economy, weathered the global crisis and resumed fast growth last year when its gross domestic product expanded by 7.3 percent after a 1.2-percent rise in 2009. GDP is forecast to grow by 7 percent this year. ...
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WebiMax Growth In An Unstable Economy -- Seasoned Web Entrepreneur Kenneth C ...
San Francisco Chronicle (press release)
In 2009 and 2010, the company was still in its introduction stage, and clients were signing on as an accelerating rate. "We had clients calling us from all over the world, including Europe and Asialooking for quality SEO services. ...
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China urges action on EU and US debt, to keep yuan policy
Portfolio.com
Chinese Minister of Commerce Chen Deming listens to opening remarks at the Asia-Pacific Economic Cooperation meetings in Big Sky, Montana May 19, 2011. REUTERS/Rick Wilking By Langi Chiang MANADO, Indonesia (Reuters) - China is worried about challenges ...
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Portfolio.com
Forex - Asia Open - Overnight Highlights
FXMarketAlerts.com
China: NDRC vice chairman Zhang Xiaoqiang said that the crisis may cause a fall in commodity prices, and recent CNY gains was caused by US economic concerns. He also reiterated that CNY appreciation to be 'gradual'. Malaysia: Trade ministry sees need ...
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3 Recent Events Make Vodafone an Even More Compelling Buy
Seeking Alpha
I have written about Vodafone before, but three recent events make it an even more compelling buy, so it worth revisiting. Vodafone (VOD) - Vodafone Group plc provides mobile communications in Europe, Africa, the Asia Pacific, the Middle East, ...
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CANADA STOCKS-TSX may open lower, hurt by soft commodity prices
Reuters
EU] * Markets in Asia were largely lower, with the Nikkei resumed falling following a rebound the day before, after rumors about the health of French banks reignited concerns over the euro zone's debt crisis. ...
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BASE METALS - European Opening View - Metals tread water near rebound highs
FXstreet.com
Equities were up beat too yesterday with the Dow closing with a gain of 4 percent, however, the mood in Asia has been mixed with the Nikkei down 0.4 percent, the Hang Seng is up 0.7 percent, the MSCI Asia Apex is down 0.4 percent, while China is up 0.2 ...
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Nortel Reports Financial Results for the Second Quarter 2011
MarketWatch (press release)
(b) Nortel determined that, as of October 1, 2010, the US Debtors, and their subsidiaries (US Subsidiaries), should be accounted for under the cost method of accounting. (c) The ES business as well as the shares of NGS and DiamondWare are presented as ...
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Solar Installations to Grow 15.5%, But Revenues Remain Flat through 2016
SYS-CON Media (press release)
As a result, demand will shift to Asia and North America and the solar market will grow in terms of megawatts installed, but revenues will stay flat as price declines outpace volume growth. A new report from Lux Research finds that solar demand will ...
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Should Drivers Be Charged A Fee-Per-Mile?
Care2.com (blog)
by Kristina C. Should drivers be charged a fee for the miles they drive? A controversial tax proposal in the Netherlands calls for just such, with miles measured via a meter placed in drivers' cars. European cities and governments in Asia (Singapore) ...
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NYMEX-Oil slips on econ worries, reversing 2 days of gains
Reuters Africa
Middle East physical crude diffs............... Australia physical crude, Tapis swaps.......... Asia-Pacific physical crude.................... All Asian crude oil differentials................<0#C-DIF-A> All Asian crude oil outright prices. ...
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Canadian Helicopters reports 2011 second-quarter results
DigitalJournal.com (press release)
In addition to contracted services delivered in Afghanistan and Antarctica, our fixed transportation and third party maintenance facilities now span Canada, Australia, New Zealand and regions of southeastAsia. This international character of CHL is ...
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ORBIT Earns New Contract for OrBand Maritime VSAT System
TMC Net
According to a press release, the Asian Navy chose ORBIT's multiple OrBand (AL-7107) maritime C-Band VSAT systems for its performance and compact footprint. For those unaware, a Very Small Aperture Terminal (VSAT) system is a two-way satellite ground ...
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Aurizon Says Quebec's New Mining Tax Is Offset by Incentives
Bloomberg
Higher taxes enacted in May and retroactive to April 2010 cost the company C$4.4 million ($4.46 million), or 3 cents a share during the second quarter, Aurizon said today in a statement. Profit wasC$6.3 million, or 4 cents a share, compared with C$5.4 ...
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Short-selling ban fails to support Europe financial stocks
Portfolio.com
"If you talk to people who understand the technology of markets, including regulators, it's the general consensus that banning short-sales doesn't achieve the stated objectives," said Nicholas de Boursac, chief executive of the Asia Securities Industry...
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Portfolio.com
Ironwood Pharmaceuticals Provides Second Quarter 2011 Investor Update
MarketWatch (press release)
Ironwood also entered into an agreement with Almac Pharma Services Limited to complete the manufacturing process of linaclotide in the parts of the world outside of the partnered territories of North America, Europe, Japan, and certain other Asian ...
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Litchfield Redux
Litchfield County Times
Part of that time has been dedicated to writing his first novel, “Asian Gold,” which is now being shopped to publishers. Further attention has been dedicated to his latest effort, “Litchfield.” He said he worked into writing by contributing book ...
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Number of Gay Couples Living in New Jersey Rises Sharply, Census Shows
WNYC (blog)
The number of same-sex couples who call New Jersey home increased significantly over the last 10 years, according to the latest census figures. There are 24112 same-sex couples living in New Jersey — a 45 percent increase from 2000, according to the ...
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Another Asian Roller-coaster
Markets
AUD: The July employment report was soft on almost all fronts with total employment falling for the fourth time in eight months (-0.1,000 vs. cons: 10000) and the unemployment rate rising 0.2% to 5.1%, its highest level since November 2010. ...
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BPOs seen to prefer Iloilo City
Sun.Star
BUSINESS process outsourcing (BPOs) companies are expected to give Iloilo City a second look for relocation after the United States credit rating went down this month, thereby forcing these companies to look for other sites in Asia. ...
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"My faith requires me to support Israel"
Salon
Very early in the debate, Pawlenty was asked about his recent criticism of her lack of legislative achievements as a member of Congress. This was a virtual repeat of a moment near the beginning of the previous debate, when the moderator brought up ...
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Salon
US Banks' Stance On France: Alert Inaction
Wall Street Journal
Citigroup Inc. (C) said Thursday it hasn't cut credit lines to French banks, whose shares closed up in Europe following a wild roller-coaster ride. French bank shares eventually recovered from a swoon following a report an Asian bank had cut its ...
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The Absent Commander-in-Chief: Who's in Charge Here?
Huffington Post
Recent polls show that sizable majorities (more than 60 percent) are now opposed to the war in Afghanistan; believe that the war was not worth fighting; that the war is going badly; and that our troops should be withdrawn as soon as possible. ...
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Safer full-body scanners?
San Francisco Chronicle (blog)
C) A knife hidden in front right sock. D) A handgun located in the small of back. E) A one euro coin in back left pocket. As controversy simmers surrounding the levels of radiation used in full body scanners, a small company based in the United Kingdom ...
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AP-IL-Child Custody Fight, 2nd Ld-Writethru,502
Chicago Tribune
Sung, 26, a native of Myanmar, is getting support from family members and a Wheaton church attended by other immigrants from that Southeast Asian country. Supporters say she escaped the nation once known as Burma after Catholic Charities brought her to ...
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Moved Below Lower Keltner Channel – GR, GRA, GRT, GS, GSH
Retirement Planning
It manages its business under GCP Americas, GCP Europe and GCP Asia Pacific. In July, 2010, Grace acquired Chryso Brazil; In November, 2010, it acquired Wuhan Meilixin New Building Materials & Co. LTD and Synthetech, Inc., and In December, 2010, ...
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