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Aug 24, 2011

ASIA News, Aug 24, 2011


Splendid Growth Patterns in Asian Convenience Store Sector
SBWire (press release)
We have found that the changing lifestyle of consumers and the significant economic growth is attracting international players to open new c-stores in various Asian countries. The total number ofc-stores was 3293 at the end of 2009, which grew at a ...
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Medium term, bank reserves have to drop: BSP
Malaya
BY JIMMY C. CALAPATI Despite the recent two one-percentage-point increases in the reserve requirements (RR) of banks, the Bangko Sentral ng Pilipinas said it intends to bring the level down over the medium term. In a report, BSP said the reserve ratios ...
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Cheap iPhone 4 Coming In Weeks
InformationWeek
A less expensive iPhone 4 with only 8GB of storage is already being manufactured in Asia, reports say. Sprint looks to be in line to distribute the iPhone 5. By Eric Zeman InformationWeek When Apple gets around to announcing the iPhone 5 at some point ...
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China 'set to launch rival to International Space Station'
Telegraph.co.uk
Dean Cheng, a research fellow at The Heritage Foundation's Asian Studies Center, a Washington-based think tank, warned in a paper this month that China's long-term ambitions in space could pose a challenge to the US. "Chinese counterspace capabilities ...
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Telegraph.co.uk
Stocks Surged on Relief Rally (AAPL, AMZN, ARMH, BAC, C, COH, EGO, FSLR, JPM ...
TradersHuddle.com
In Asia, stocks ended higher after HSBC's flash PMI for August showed that manufacturing contraction in China eased, easing fears the Chinese economy was heading for a hard landing. The reading of 49.8 for August compared with 49.3 last month signaled ...
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Zac tells Japan to brace for WC qualifiers
AFP
TOKYO — Japan coach Alberto Zaccheroni says his squad must not underrate their opponents in World Cup qualifying, although he believes the Asian champions have the potential to win the trophy one day. "I want my team to be confident that they can come ...
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AFP
FOREX-Euro up on German data as market looks ahead to Fed
Reuters
"Asia has been the driver of global growth, so if Asia stays strong that will really help global markets," said Steven Saywell, head of FX strategy at BNP Paribas. The euro rose 0.5 percent to 1.1402 Swiss francs EURCHF=R as investors were wary that ...
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Tourists staying longer in Philippines, says immigration bureau
Inquirer.net
By Philip C. Tubeza MANILA, Philippines—Despite the travel advisories against the Philippines, the government has registered a 34-percent increase in the number of foreigners who asked to be allowed to stay longer in the country, ...
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MetLife Sets 25-Year Naming Rights Deal for Jets-Giants New Jersey Stadium
Bloomberg
The company has leading market positions in the US, Japan, Latin America, Asia Pacific, Europe and the Middle East, and its international operations may benefit from any overseas expansion of the NFL, Costigan said. “In time, I would expect the NFL to ...
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BPO sale cycle gets longer, deals turn bigger: Xchanging
mydigitalfc.com
This is because C-level (highest level executives) in India start taking decisions on outsourcing afterrecent spate of information theft occurrences, said a top official on Tuesday. Nimish Soni, executive director - offshore services (Asia), ...
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Energy Deals Accelerate
Financier Worldwide
Three giant coal-seam gas liquefaction plants have been given the go-ahead since December 2010, the latest the result of a $14bn tie-up between Australia's Origin Energy, the US oil major ConocoPhillips and Sinopec. That energy deals have been approved ...
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Dengue Fever in the Philippines By Mervyn Penny (Dipolog City)
Mindanao Examiner
Today emerging DHF cases are causing increased dengue epidemics in Asia, where all four dengue viruses are endemic; DHF has become a leading cause of hospitalization and death among children in several Asian countries. There is a medical condition that ...
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Markets: Tullow Oil reports 300%+ rise in H1 2011 pre-tax profits; Glanbia ...
FinFacts Ireland
FBD had previously guided FY11 operating eps of 130-140c and is now moving guidance up by c.10% to 145-155c. On the insurance side, the improving claims environment is likely to be a key driver and management is encouraged by 'recentactions on rates, ...
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FinFacts Ireland
Pure Ceylon Cinnamon to Entice the World
Asian Tribune
Cinnamon is used in bakery products, Asian foods and flavoured tea for its distinctive aroma & flavour. With growing concern on health hazards associated with synthetic flavouring agents used in the food industry there is an increasing preference for ...
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Bill Gates Buys Liberty Global, CEMEX, and Comcast
GuruFocus.com
Gates also purchased 706507 shares of Liberty Global Series C at an average price of $41.92, impacting his portfolio by 0.2%. The price of the stock has since decreased 17%. Both stocks have been trending upwards in average price since 2009, ...
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Chinese tourists boost Auckland Airport
Stuff.co.nz
The company had worked hard to attract airlines from Southeast Asia, said Moutter, sending teams of people to make sure airlines saw New Zealand as a priority destination. This had resulted in the launch of several new services, including China ...
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Medtronic Reports First Quarter Earnings
MarketWatch (press release)
Biologics revenue of $215 million grew 2 percent on a constant currency basis, driven by revenue from the Osteotech acquisition, offset by accelerating declines in the sales of INFUSE(R), especially following the recent publication of articles in The ...
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Rare artifacts excavated in Kingdom's Al-Maqar area
Arab News
He said DNA and C-14 tests proved that the artifacts found during the excavation were 9000 years old. He said the team had found 80 valuable artifacts from the area. Previous excavations showed people in Central Asia took care of horses 5000 years ago.
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India's Best B-schools
India Today
Others such as Pritam Singh, Director General, International Management Institute, or IMI, suggest Indians have clung slavishly to western models of thinking that are inadequate for Asia. Happily, good institutes admit to their need for research, ...
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India Today
Pre Market Briefing, including 'Moodys downgrades Japan sovereign debt'
Proactive Investors UK
Markets in Asia are trading lower this morning, as downbeat housing and manufacturing data from the US dampened investor confidence and after Moodys Investors Service cut Japans debt rating to Aa3. In Japan, Mitsubishi UFJ Financial and Sumitomo Mitsui ...
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Court Theatre to present Spunk
Windy City Times
Chicago, IL — Court Theatre Artistic Director Charles Newell and Executive Director Stephen J. Albert open the Company's 57th Season with Spunk, adapted from the short stories of Zora Neale Hurston by George C. Wolfe with music by Chic Street Man and ...
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Grapevine: What, no strike…?
Jerusalem Post
In addition to the two assignments, noted Ruth Kahanoff, the Foreign Ministry's deputy director-general for Asia and the Pacific region, he was head of the Middle East and Africa Department in his country's Foreign Ministry, and in a way served as ...
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Finding Neo
Arabian Aerospace (blog)
In April, he predicted second-quarter deals with prospective customers in Asia/Pacific, Europe, and Latin America (but did not mention MENA operators). Airbus expects the baseline A320neo to represent 50 per cent of demand, with the balance shared ...
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Cameras go mirrorless
Gadget
“We have already noticed the growth in the Asian and UK markets reaching 30% and 20% respectively and through this, it is evident that this type of technology is becoming increasingly popular and will continue to grow, especially as more leading camera ...
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Reprieve saves Aqua bookings
Winnipeg Free Press
ELVIS KEPT DROPPING IN -- Four Elvis impersonators from the recent Manitoba Elvis Fest in Gimli hit the ground running in tight pants Thursday night at McPhillips Station Casino's Rock the Mic, giving diehard fans a thrill. Elvi (the plural for Elvis) ...
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The Generation and Evolution of Nonlinear Internal Waves in the Deep Basin of ...
TMC Net
2007). Other oceanographic consequences of the Kuroshio, such as vertical shear or horizontal stratification gradients across the ridge, may also contribute to this effect (Shaw et al. 2009; Buijsman et al. 2010b). c. Internal tide generation from two ...
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