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Oct 24, 2011

ASIA News, Oct 24, 2011

Bollywood Exiled by Asia's Highest Borrowing Costs: India Credit
BusinessWeek
Mumbai- based Eros International Media Ltd.'s latest movie shows three bachelors flamenco dancing and throwing tomatoes on a road trip in Spain. Funding costs may rise further in Asia's third-biggest economy as the central bank tries to stem inflation ...
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Asian shares off to strong start on Europe hopes
Financial Times
Aluminum Corp of China, the nation's biggest producer of the metal by market value, climbed 5.6 per cent in Hong Kong while oil refiner S-Oil rose 3.8 per cent in Seoul. Jiangxi Copper, China's biggest producer of the metal, rose 0.6 per cent while ...
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S Asian grouping key to get climate fund
Daily Star Online
South Asian countries need an effective regional grouping for speedy disbursement of the pledged climate fund, speakers said at a session of the South Asia Economic Summit in the capital yesterday. Climate change effects are already being felt in the ...
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Volkswagen Dispute With Suzuki Negative for Credit, Moody's Says
Bloomberg
By Siddharth Philip - Mon Oct 24 05:43:13 GMT 2011 The “likely end” of Volkswagen AG (VOW)'salliance with Suzuki Motor Corp. (7269) is negative for the German automaker's credit because it limits growth options in Asia, including India, ...
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Singapore Stocks: CapitaLand, China XLX, Sembcorp Industries
BusinessWeek
CapitaLand Ltd. (CAPL SP), Southeast Asia's biggest developer, gained 2.5 percent to S$2.51. Citigroup Inc. maintained its “buy” rating on the stock even as the company reported an 83 percent decline in third-quarter net income to S$80.2 million ($63 ...
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Fixing politics prescribed for S Asian economy
Daily Star Online
Political will and firm commitment of governments are a must for bringing about an integrated SouthAsia, a prerequisite for economic prosperity of the region. This view was unanimous among the speakers at a two-day regional economic conference that ...
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Indian shares set to open higher on Europe hopes
Reuters
S.Korea... SE Asia....... Hong Kong... Taiwan.... Australia/NZ.... India....... China..... OTHER MARKETS: Wall Street .... Gold ....... Currency.. Eurostocks..... Oil ........ JP bonds... ADR Report ..... LME metals. US bonds.. Stocks News US. ...
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Asian Wrap – Notes from WIT In Singapore
Travel Trends
The city was packed last week for the Travel Rave series of conferences – around 10 all told – and hoteliers are having the time of their lives, charging like wounded bulls with budget properties costing more than S$200 a night. ...
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Costly Iraq war may mark shift in US approach
CBS News
Indonesia is Panetta?s first stop during his first official Asian tour, which will also include Japan and South Korea. (AP Photo/Firdia Lisnawati) (Firdia Lisnawati) (AP) BALI, Indonesia — In the final days of the US war in Iraq, the outlook for ...
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RESEARCH ALERT-JPMorgan upgrades SingTel to overweight
Reuters
SINGAPORE Oct 24 (Reuters) - JPMorgan has upgraded Southeast Asia's largest telecom firm Singapore Telecommunications (SingTel) to overweight from neutral and raised its target price toS$3.60 from S$3.40. JPMorgan said it expects contributions from ...
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Thai floods hit S'pore businesses
Channel News Asia
By Vimita Mohandas | Posted: 23 October 2011 1910 hrs SINGAPORE: Some Singapore businesses in Thailand have not been able to escape the brunt of the nation's worst flooding in decades with their factories reportedly being completely destroyed. ...
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US plans to maintain size of forces in S. Korea despite budget cuts: source
Yonhap News
"The US believes expanding its influence in Asia would work for their benefits and the alliance between South Korea and the US has hardly been better ever before," the source added. "At this juncture, the US thinks reducing its troops here will go ...
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Yonhap News
Mengniu Dairy Is Said to Consider Bid for Pfizer's Infant-Nutrition Unit
Bloomberg
About 60 percent of those were from Asia, with another 30 percent from Europe, according to Credit Suisse. Pfizer is looking for “strategic alternatives” for the unit that may also include a spin off, said Wagh. The company may send sales documents to...
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Bloomberg
S.Korea-Market Factors to watch Oct 24
Reuters Africa
Latest KR stock report Latest money report Latest stocks KR press digest [Press] KR main diary [Ordinary] KR IPO diary Global Markets report Oil Markets report New York Stocks Asia stock outlook Emerging markets report (Reporting By Iktae Park; ...
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'Venice of Punggol' opens
Channel News Asia
An earlier plan to remake Punggol had hit a bump, when the Asian Financial Crisis struck. Built at a cost of S$225 million, the new waterway by the Housing and Development Board - described as the "Venice of Punggol" - was finally opened on Sunday ...
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Panetta, Donilon, and Burns head to Asia
Examiner.com
“[The United States] will remain a strong Pacific force, … and we will maintain s strong presence in the Pacific in the 21st century,” Panetta told reporters traveling with him. Defense Secretary Leon E. Panetta boards a US Air Force E-4B National ...
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Taiwan stocks open higher; Acer turns positive
Reuters
ASIA-PACIFIC STOCK MARKET REPORTS: Pan-Asia...... Japan........ S.Korea.... SE Asia............ Hong Kong... China...... Australia/NZ......... India....... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil. ...
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Singapore plugs into green business, clean-tech opportunities
eco-business.com
... as create market access to green growth opportunities in both Europe and the Asia Pacific,” said Singapore's Minister in the Prime Minister's Office, Mr S Iswaran, who gave the opening address of the Asia Pacific Sustainability Leadership Forum. ...
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Durian fruit extract has antibacterial mouth rinse potential
DrBicuspid.com
By Rob Goszkowski, Assistant Editor October 24, 2011 -- Student researchers from Thailand are exploring the potential for a new kind of oral healthcare product gleaned from the spiky husk of the durian, a pungent, popular fruit in Southeast Asia. ...
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Singapore taps into rising Saudi food sector market
Saudi Gazette
... food retail industry is expected to grow at a CAGR of 12.4 percent to reach S$83.9 billion by 2014. “Most Singapore F&B companies in the Middle East started off in the UAE, where the expatriate population is large and familiar with Asian food. ...
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Currency outlook & strategy from brokers
Myiris.com
Our local markets are also expected to post broad-based gains along with regional markets after Wall Street`s rise Friday. In Asia in major news, the Japanese stocks surge on exporters shares rise the Ministry of Finance said Japanese exports rose 2.4% ...
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Carleton Professor to Speak on Nation, Empire, and Revolution
Carleton College News
... The Politics of Muslim Cultural Reform: Jadidism in Central Asia (University of California Press, 1998) and Islam after Communism: Religion and Politics in Central Asia (University of California Press, 2007), which won the 2008 Wayne S. Vucinich ...
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BNP Paribas to Hire 10 Equity Analysts, Traders in Japan
BusinessWeek
Okazawa, who has hired more than 20 staff since joining the French bank from Credit Suisse Group AG in March, said investors will focus on Japanese companies as they expand in Asia and shrug off 20 years of economic stagnation at home. ...
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Nokia loss not as bad as feared
Victoria Advocate
Reflecting the lower prices, volume sales in Asia-Pacific, previously Nokia's second-largest market area, grew 17 percent to take the top spot, while the Asia-Pacific region saw a volume surge of 41 percent. Volume sales in Europe, which had been ...
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The Idea House: Southeast Asia's first carbon zero home
CNNGo.com
... resources,” says Pomeroy, The Idea House is actually globally applicable.” To find out more about The Idea House read Prof. Jason Pomeroy's recently published book "Idea House: Future Tropical Living Today" (S$50) is available at all major bookstores.
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CNNGo.com
Asia-Pacific Invitational Cross-Country Meet, Day 2
Stars and Stripes (blog)
By Bruce Carrick Saturday's API Day 2 Beach-Road relay brought the the 8th Asia-Pacific Invitational to a conclusion. The boy-girl pairs of each school completed the 2.5-kilometer circuit four times, beginning at Ypao Beach Park. ...
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Liver parasite lacks key genes for fatty acid synthesis: Genome sequencing of ...
EurekAlert (press release)
The human liver fluke Clonorchis sinensis affects more than 35 million people in South East Asia and 15 million in China. Infection by this parasite causes clonorchiasis. Repeated or chronic infection can lead to serious disease of the liver, ...
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Greater China Daybook: Wen Says Property Controls to Continue; Energy Use
Bloomberg
ECONOMICS: * HSBC Flash China Manufacturing PMI, 10:30 am * China Sept. trade data for power, commodities, agricultural products, 2:30 pm * China Weekly Qinhuangdao Coal Price Index EARNINGS: * Asia Cement (743 HK) * China International Marine ...
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Samsung Galaxy S II Technical Review Reveals it is Dressed To Impress at $144
Mobile bloom News
This phone is as close to the original global version that was released first in Europe and Asia. Samsung used their Super AMOLED Plus display technology to achieve 480 x 800 pixel resolution on the 4.3 inch capacitive touch screen. ...
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India, Ireland, Australia, Mexico, Brazil Gain Among World MMFs in Q2
Crane Data LLC
In contrast, money market funds in the Asia and Pacific region posted net inflows of $​5 billion in the second quarter, compared with $​12 billion of net outflows in the first quarter." Money market funds account for 19% of all mutual fund assets ...
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It was my proudest moment: Vivek Oberoi
Times of India
Dekh Indian Circus is the first Indian film to win the Audience Choice Best Popular Film award at the 16th Busan International Film Festival; which is considered to be the biggest film festival in Asia. Directed by National Award-winning filmmaker ...
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Merck plans $250m Singapore manufacturing expansion
In-PharmaTechnologist.com
“We are encouraged that this will pave the way for Singapore to continue to enhance our capabilities as an integrated global pharmaceutical site in Asia, across manufacturing, research and development and commercial operations”, Beh Swan Gin, ...
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Floods Dissolve Thailand's Superficial Can-Do Image
Scoop.co.nz
Richard S Ehrlich is a Bangkok-based journalist from San Francisco, California. He has reported news from Asia since 1978 and is co-author of the non-fiction book of investigative journalism, Hello My Big Big Honey! Love Letters to Bangkok Bar Girls ...
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Euro Halts 4-Day Advance After Europe Debt Summit; Aussie Gains
BusinessWeek
The MSCI Asia Pacific Index of shares climbed 2.7 percent. Europe's 13th crisis-management summit in 21 months also explored how to strengthen the International Monetary Fund's rescue role. The leaders excluded a forced restructuring of Greek debt, ...
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Singapore Stocks-Rig-makers,resources lead midday gains
Reuters UK
"The US market closed up on Friday, so that's a positive lead to the Singapore market," said Derek Ovington, an analyst at CLSA Asia-Pacific Markets. "If the broader equity market is getting less risk averse as a result of a potential resolution in ...
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Danieli focuses growth in Asia, Russia and S. America
Steel Business Briefing (subscription)
The Italian metallurgical plant maker Danieli, forecasts “active markets” in India, China and the Far East in the coming years, while Europe will see zero growth, Gianpietro Benedetti chairman, said at the company's results presentation last Saturday, ...
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Bringing sight to sound
TODAYonline
As a boost to the StarHub Music Store, which was launched last year, it was announced on Oct 10 that they have a tie-up with MTV Southeast Asia. The new www.MTVmusic.sg (picture), gives music fans access to MTV's video library, and MTV's tie-up with ...
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Caterpillar profit, outlook expected to be robust
Reuters
"There is a wide anticipation that Asia is somewhat soft." For full-year 2011, Caterpillar has guided toward revenue in the $54 billion to $56 billion range, and profit in the range of $6.75 to $7.00 per share. This excludes the company's recent ...
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Reuters
Wonder Girls to Make Comeback on November 7
Soompi
It will be the first time on American TV where the lead role(s) will be played by Asian singers. The TV movie drama “Wonder Girls at the Apollo” will be aired through one quarter of the MTV network branches. This movie has already received a lot ...
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Health ministry to send 2nd team for inspection of manufacturing sites in ...
pharmabiz.com
Earlier, the ministry had elaborate plans to start the new practice with one country each in Europe and Asia --- Italy in Europe and China in Asia. But in the pilot project, the ministry sent the delegation to China only. The ministry has made plans to ...
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The fate of weak states
Manila Standard Today
The results of the survey, according to the former Chief Justice is that of the 26 countries which qualified as full democracies only two are in Asia, Japan and South Korea. Fifty-three countries have flawed democracies; 33 have hybrid regimes while 55 ...
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SANY Industry to create 300 jobs in Peachtree City
Coosa Valley News
Deal made the announcement after meeting with SANY Group Chairman Liang Wengen at the company's global headquarters in Changsha during a seven-day economic development mission inAsia. `This expansion stems not only from the success SANY already enjoys ...
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Australian Foreign Minister Kevin Rudd Visits The Phl Philippines
ISRIA (registration)
They also exchanged views on significant regional developments that are of mutual interest, such as the regional architecture and the forthcoming East Asia Summit (EAS) to be held in Bali in November 2011. The visit is one of the highlights of the 65th ...
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Retail Positioning in Dollar/Yen Shocking; Warns of Fresh Drop
DailyFX
Also seen supporting risk sentiment into Monday have been some positive developments in Asia, with China showing an improved HSBC PMI back above the key 50 level, snapping 3 months of contraction, and news out of Australia that global miner Rio Tinto ...
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The Pak-America flux
The Nation, Pakistan
The team that coaxed President Barack Obama to commit cardinal errors, in the context of Asiapolicy, is working overtime to lure him into a fatal error of confronting with Pakistan directly, short of elections. While democrats were in the process of ...
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Military launches airstrike on MILF rebels in S Philippines - Asia News
By XinhuaNET.COM
Military launches airstrike on MILF rebels in S Philippines Philippine Air Force (PAF) bomber planes dropped bombs as the military launched airstrike on the.
Siam Daily News Online
Asia Airlines News - Airline Industry Today
Latest aviation news for airline industry professionals & analysts. ... s air safety ratings have buffetedAsia's oldest national airline. … with the competition. ...
airlines.einnews.com/region/asia
East Asia Beverages News - Beverage Industry Today
Latest beverage news for beverage industry professionals & analysts. ... News click; For SouthEast Asia Hot Stock reports, click; SOUTHEAST ASIAN STOCK ...
beverages.einnews.com/region/east-asia
South East Asia News
South East Asia News and analysis on current events, Asian business, finance, economy, sports and more. Searchable news in 44 languages from WorldNews ...
archive.wn.com/2011/10/18/1400/southeastasianews/
Adaptive technology needed to support indonesia`s food security ...
Asia news portal and multimedia, multilingual news distribution service. ... nationally observes the event every October 16, the date of FAO`s establishment. ...
asiatoday.net/.../adaptive-technology-needed-support-indonesi...

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