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Oct 26, 2011

ASIA News, Oct 26, 2011


[AFF] S.Korea maintains 5 companies in 'East Asia 30'
한겨레
By Choi Woo-seong, Staff Writer The Asia CSR Expert Committee announced the selection of the “East Asia 30” for 2011, the top CSR performers in the environment, society and governance, on Oct. 23. The selection included major corporations from South ...
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S. Korea offers aid to disaster-hit nations in Central America, Asia
Yonhap News
SEOUL, Oct. 26 (Yonhap) -- South Korea will offer some US$950000 worth of emergency aid to disaster-struck nations in Central America and Asia, including El Salvador and Vietnam, Seoul's foreign ministry said Wednesday. The government plans to deliver ...
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CMA in S$1.3b China deal
TODAYonline
SINGAPORE - CapitaMalls Asia (CMA) is jointly developing with a Chinese partner the largest shopping mall in Suzhou, China, costing more than S$1.3 billion. In a stock exchange filing yesterday, the Singapore-listed CMA said it would have a 50-per-cent ...
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Japan steel firms cut outlook as market deteriorates
Reuters
That compares with an average estimate of 206.8 billion yen in a poll of 18 analysts by Thomson Reuters I/B/E/S. Its July-September profit fell 49 percent as a strong yen and weak demand in Asiasqueezed margins on exports. JFE, the world's No.5, ...
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Shadows of political distrust on economic cooperation in S Asia
Financial Express Bangladesh
Top officials and experts at the two-day fourth South Asia Economic Summit held this week in Dhaka highlighted the issues that were, time and again, at the core of deliberations at various regional and national forums for more than last three decades. ...
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UA Galaxy Cinemas, Galaxy Square opening on 15 December 2011
eTravelBlackboard - Asia Edition
UA Cinemas and Galaxy Macau? today announced that the eagerly anticipated UA Galaxy Cinemas – one of Asia?s most luxurious, state-of-the-art facilities, with nine 3D-capable screens and up to 1000 seats – will open on 15 December 2011. ...
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West Fraser Timber's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
We anticipate continuing strong demand for our products from Asia, particularly China. Our third quarter lumber shipments to Asia amounted to roughly 25% of our total lumber shipments. We're concerned about some weakening in the pulp market, ...
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Promising Number Of Exhibitors For JEC Asia 2011
Azom.com
Demonstrating the buoyant outlook for the composites industry in Asia, JEC Asia 2011 registered a 10 percent increase in exhibition space and the attendance of 7000 visitors. The Asian composites industry is currently valued at US$24.8 billion (S$31.5...
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Azom.com
Thailand - Market factors to watch - Oct 26
Reuters
For the Thai press digest click on: - For Thailand's stock exchange news click on: - For Thailand corporate earnings: - For Thailand economic forecast: ASIA-PACIFIC STOCK MARKETS: Pan-Asia...... Japan....... S.Korea... SE Asia..... Hong Kong... Taiwan. ...
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A 'Fall of Discontent' for U.S.-China Trade Relations
NL-Aid
Also, if Chinese exports become less competitive, jobs are more likely to move to other low-wage countries of south-east Asia and less likely to move to the US However, the US is not alone in its frustration with China. According to Steven Mufson of ...
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US Secretary of Defense visits the U.S. 7th Fleet Flagship USS Blue Ridge
DVIDS
... Blue Ridge during his first tour of Asia-Pacific countries since becoming secretary of defense. Panetta spoke with 150 sailors from the 7th Fleet staff, USS Blue Ridge, USS Shiloh, USS John S. McCain, USS McCampbel, and Commander Fleet Activities, ...
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Stocks Drop on Earnings, European Summit
Bloomberg
16 as Asian markets increased. The Shanghai Composite Index gained 1.7 percent as China Vanke Co.'s profit jump eased concern that the slowing economy and tighter monetary policies will spur a collapse in earnings. Thailand's SET index climbed 2.9 ...
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Bloomberg
Nomura Whets Scalpel for Cutting
Wall Street Journal
If the cuts are deep, it would be a reversal for Nomura, which launched a global expansion effort powered by its acquisition of Lehman Brothers' Holdings Inc.'sbusinesses in Europe and Asia during the financial crisis. Nomura's shares are down 80% ...
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Wall Street Journal
UPS reports higher profit, affirms outlook
Reuters
Responding to slow exports from Asia to the United States, UPS said it had cut capacity there by 10 percent. But it expects volume to pick up in the fourth quarter, boosted by shipments of new technology product launches. International shipping volume ...
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Reuters
Canadian railways expect to ride through 2011 economic bumps
Globe and Mail
At Calgary-based CP, bulk shipments headed toward export markets in Asia are holding up well. “Despite all the rumblings and rumours that we hear from the media inAsia about the Asian slowdown, the demand for all of our bulk materials – grain, ...
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Globe and Mail
North Korea Rents Out Its Resources to Stave Off Reform
New York Times
John S. Park, who directs Northeast Asia projects at the US Institute of Peace in Washington, called what has been happening between China and North Korea “China's Sunshine Policy.” For 10 years, South Korea experimented with its own “Sunshine Policy” ...
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Asia Naphtha/Gasoline-Cracks dive to near 3-yr low
Reuters Africa
PRODUCT Price Prev Change DEC11 NAPHTHA NAF-1H-TYO 866.50/867.50 883.00 -16.00 SPOT NAPHTHA NETBACK NAF-SIN 93.96/94.06 95.79 -1.78 NOV NAPHTHA SWAPS NAF-1M-S867.50/869.50 882.00 -13.50 DEC NAPHTHA SWAPS NAF-1M-S 869.75/871.75 882.00 -11.25 SPOT ...
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W.R. Grace & Co.'s CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
Strategically, GCP has solidified its position in North and South America, and is showing sustained progress in building its business in Asia. Europe remains challenging, especially Southern Europe. And we are not achieving our target levels of returns ...
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US, North Korea 'Narrow Differences' in Geneva Talks
Voice of America
John Park, senior program officer for Northeast Asia of the US Institute of Peace, the USIP, says efforts to get North Korea back into the negotiating process are aimed in part at preventing a return to aggressive behavior by Pyongyang. ...
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US House passes legislation to make APEC member business travel easier
Canada Views
Washington, DC – The US House of Representatives today unanimously passed the Asia-Pacific Economic Cooperation Business Travel Cards Act of 2011, HR 2042, cosponsored by Congresswoman Mazie Hirono, which makes travel to APEC countries easier for ...
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Ecolab's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
Geographically, our Latin America, Canada and Asia-Pacific operations also saw robust gains. And our acquisition performed very well in the quarter. Our US Cleaning & Sanitizing sales continued to show steady growth, but were impacted by prior period ...
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CapitaMalls Asia to jointly develop Suzhou's biggest mall
Channel News Asia
In a stock exchange filing, the mall developer said it will have a 50 per cent stake in the venture and will share half the costs of around S$686 million. The project development will cost about S$1.3 billion. CMA signed the co-operation agreement with ...
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Ecolab Delivers Strong Third Quarter
MarketWatch (press release)
Latin America, Canada and Asia Pacific led robust geographic growth. These combined with excellent performances from acquisitions to more than offset significantly higher delivered product costs Ecolab delivered strong third quarter results as adjusted ...
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S*BIO to Initiate Global Phase 3 Clinical Trials of its Novel JAK2 Inhibitor ...
Sacramento Bee
S*BIO has strong links with a network of medical oncologists in Asia Pacific and its investors include Bio*One Capital a subsidiary of EDBI (EDB Investments), Aravis Ventures, Mitsui Ventures, Novartis Bioventures and other international funds. ...
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China, emerging markets drive Nu Skin growth
Reuters
"We're also enjoying strong momentum in South Korea and throughout the south Asia region," Hunt said on the call. MARKET REACTION / COMMENTARY * Nu Skin rose 6 percent to their lifetime high of $48.69 on Tuesday, before paring some of their gains to ...
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Volvo Grows 3.5 Percent After Forecasting U.S. Truck Sales Increase
ThirdAge
Third-quarter truck orders rose 18 percent thanks to purchases in North and South America, offsetting slowing demand in Europe and Asia, Volvo said today, Bloomberg reports. Before taking over as CEO of the world's second-largest maker of commercial...
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ThirdAge
Emerson's Farr to join IBM board
Bizjournals.com
He also served four years as the president of Emerson's Asia-Pacific business in Hong Kong, and led Emerson's Astec joint venture before returning to lead Emerson's Process Management business. Before being named CEO, he served a year as Emerson's ...
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Peabody Energy's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
Coal also has a cost advantage to sources such as LNG into Asia and Europe and is a logical backfill for declining nuclear use in Germany and Japan. And of course, Peabody's positioned in the fastest-growing coal regions through Australia, ...
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'China keen to set up military bases in Pak'
Zee News
The Chinese desire is meant to contain growing terrorist activities of Chinese rebels belonging to the al-Qaeda-linked East Turkestan Islamic Movement (ETIM) that is also described as the Turkistani Islamic Party (TIP), Mir wrote in Asia Times Online. ...
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Zee News
NYMEX-Crude falls on big stock build, Europe worries
Reuters Africa
The euro and commodity currencies stayed under a bit of pressure early in Asia on Wednesday, having lost some of their gloss. The US dollar rose 0.10 percent at 76.198 against a basket of major currencies . DATA/EVENTS * The following data is expected ...
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PRECIOUS-Gold hovers around $1700 ahead of EU summit
Reuters Africa
For the top stories on metals and other news, click , or MARKET NEWS * The euro and commodity currencies stayed under a bit of pressure early in Asia on Wednesday, having lost some of their gloss as markets geared up for what could be a disappointing ...
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EI DuPont de Nemours & Co.'s CEO Discusses Q3 2011 Results - Earnings Call ...
Seeking Alpha
On a regional basis, Europe and Latin America volumes offset declines in the United States andAsia. PTOI of $118 million was down 12% due to increased growth spending, including the Cooper River startup and weaker mix in protection technologies. ...
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Quaker Chemical Corp. Reports Operating Results (10-Q)
GuruFocus.com
Net sales were positively impacted by increases of 16% in North America (excluding acquisitions), 17% in Europe, 20% in Asia/Pacific and 3% in South America, all on a constant currency basis. The Company s 2011 and 2010 acquisition activity accounted ...
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Dreamliner Takes Flight as ANA Touts Bigger Cabin, Windows
BusinessWeek
1 airline in Asia.” The composite construction also means that the plane is able to support higher cabin-pressure levels than on traditional planes with weaker airframes. That means that the environment is similar to being at 6000 feet high rather than ...
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CIT Group's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Seeking Alpha
And then in our businesses outside the US, particularly Asia and Latin America, we see faster growth. We do -- we are continuing to make progress completing the written agreement items. We're continuing to work to complete the vast majority of them by ...
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Caterpillar's Earnings Signal Exports to Boost US Expansion
BusinessWeek
Growing sales overseas, particularly to economies in Asia and Latin America, are underpinning manufacturers such as Alcoa Inc., the largest US aluminum producer. China's economy will expand by about 9.3 percent this year and about 9 percent in 2012, ...
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Anixter International Inc (AXE) Announces Quarterly Results
LocalizedUSA
The Company is organized by geographic regions: North America (United States and Canada), Europe and Emerging Markets (Asia Pacific and Latin America). The Company is engaged in provision of advanced inventory management services, including procurement ...
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Teleflex Inc. Reports Operating Results (10-Q)
GuruFocus.com
The inventory increase also included a $12.8 million increase in the Asia Pacific region to stock a new distribution facility in Singapore. These operating cash flow decreases as compared to the prior period were somewhat offset by a modestly smaller ...
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South Korea discusses assisting relief efforts in ... - Siam Daily News
By XinhuaNET.COM
S Korea discusses assisting relief efforts in quake-struck Turkey South Korean government officials and aid agency representatives on Tuesday discussed.
Siam Daily News Online
East Asia News
East Asia News from the most comprehensive global news network on the internet. International ...China; Japan; North Korea; South Korea; Taiwan; South Asia ...
archive.wn.com/2011/10/12/1400/eastasianews/
Asia Religion News - Religion Today
Latest religion news for religion professionals & analysts. Breaking world ... A huge portion of South Asian studies is dedicated to religion. … UNESCO Study ...
religion.einnews.com/region/asia
Asia Travel News - Travel Industry Today
Latest travel news for travel industry professionals & analysts. ... s part of the experience of travelling in south-east Asia and all over the world," … pollution and ...
travel.einnews.com/region/asia
S'pore, Malaysia PMs to meet in December - Channel News Asia ...
AsiaOneS'pore, Malaysia PMs to meet in DecemberChannel News AsiaBy S Ramesh | Posted: 25 October 2011 1148 hrs SINGAPORE: The Prime Ministers of ...
www.malaysianews24.com/.../spore-malaysia-pms-to-meet-in-...
Groove|Asia News: Sand Smoothes Out Raymond Lam"S Skin
Posted Image courtesy of on.cc Posted Image Ron Ng Posted Image Raymond Lam Fung, Julian Cheung Chi Lam, William Chan Wai Ting, Mag Lam Yun Tung ...
grooveasia.com/.../Sand-Smoothes-Out-Raymond-Lam-34-S-S...
One Finance Asia News: Merck boosts investment in S'pore ...
SINGAPORE: US healthcare firm Merck is spending US$250 million to expand its manufacturing, marketing, and research activities in Singapore.
www.onefinanceasia.com/.../25552-Merck-boosts-investment-i...

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