ASIA News, Oct 28, 2011

Strongest week in 2½ years for Asian stocks Financial Times Although Bank of China 's 9 per cent profit increase fell short of analyst expectations, its shares still managed a weekly gain of 7.5 per cent to HK$2.85. In Tokyo, investors welcomed Sony 's move to buy out its Swedish partner's share of the ... See all stories on this topic »

No stable future in S Asia without partnership with Pak: US Rediff United States Secretary of State Hillary Clinton [ Images ] has acknowledged that Washington's leverage with Pakistan to go after the Haqqani network, which has been killing US soldiers and is responsible for the attack on the US embassy in Kabul, ... See all stories on this topic »

America's other 87 deficits CNN (blog) Editor's Note: Stephen S. Roach, a member of the faculty at Yale University, is Non-Executive Chairman of Morgan Stanley Asia and the author of The Next Asia. By Stephen S. Roach, Project Syndicate The United States has a classic multilateral trade... See all stories on this topic »

S Korea Current Account Surplus Surges In September Wall Street Journal Asia's fourth-largest economy ran a $3.50 billion surplus in September 2010. "October's exports conditions remain the same as September, so (October's) current account surplus is expected to be at September's level or higher," Kim Young-bae, ... See all stories on this topic »

Crocs 3Q profit up on sales in Asia BusinessWeek Crocs Inc.'s third quarter profit rose nearly 21 percent on strong sales in Asia but the shoemaker warned of weakness ahead in Europe. The company, known for its clogs, reported Thursday that it earned $30.2 million, or 33 cents per share, ... See all stories on this topic »

Last-minute entry Overton leads at CIMB Asia Pacific Classic Malaysia Star By LIM TEIK HUAT and S. RAMAGURU KUALA LUMPUR: American golfer Jeff Overton only found out over the weekend that he got into the field for the US$6.1mil CIMB AsiaPacific Classic Malaysia after David Duval decided not to make the trip. ... See all stories on this topic »

BSE Sensex seen rising Infosys, Dr Reddy s watched Moneycontrol.com MUMBAI (Reuters) - The BSE Sensex is expected to surge on Friday, extending their gains to the fourth consecutive session, as hopes of an end to the monetary policy tightening cycle in Asia's third-largest economy boost investor sentiment. ... See all stories on this topic » Moneycontrol.com

Nomura May Post First Loss Since March 2009 on Trading Slump Bloomberg By Takahiko Hyuga - Fri Oct 28 06:55:29 GMT 2011 Nomura, which bought Lehman Brothers Holdings Inc.'s Asian nd European businesses in 2008, has tumbled 40 percent on the Tokyo Stock Exchange this year and reached a 37-year low on Oct. on concern that ... See all stories on this topic » Bloomberg

Asian stocks surge Asia Times Online ... but there remains a medium-term resistance in the 17900s that blocked its advance Friday morning. Still higher, there is a descending-tops downtrend resistance (based November 2010). With this week's gain, the MSCI Asia Pacific Index is now in the ... See all stories on this topic »

Hasina for poverty-free S Asia Daily Star Online Prime Minister Sheikh Hasina has called for more concerted efforts by South Asian nations to root out poverty from the region. The Prime Minister made the call during separate meetings with Sri Lankan President Mahinda Rajapaksa, Maldives President ... See all stories on this topic » Daily Star Online

Las Vegas Sands 3Q Net Jumps 98% On Macau, Singapore Revenue Wall Street Journal s (LVS) third-quarter profit surged as strong revenue in Asia drove higher margins, particularly at the casino operator's Singapore property. Shares were up 4% at $47.20 after hours on the stronger-than-expected results. The stock had gained 11% over ... See all stories on this topic »

Live-Action Kite to Be Shot in S. Africa for US$12 Million Anime News Network The Film Business Asia website reported on Thursday that the live-action film adaptation of Yasuomi Umetsu 's Kite anime will begin shooting in South Africa in January on a US$12-million budget. According to Film Business Asia, the South African ... See all stories on this topic »

Asia Naphtha/Gasoline-Cracks stay weak on muted demand Reuters Africa PRODUCT Price Prev Change DEC11 NAPHTHA NAF-1H-TYO 874.50/875.50 868.00 +7.00 SPOT NAPHTHA NETBACK NAF-SIN 94.84/94.94 94.11 +0.78 NOV NAPHTHA SWAPS NAF-1M-S 879.50/881.50 871.00 -9.50 DEC NAPHTHA SWAPS NAF-1M-S881.63/883.63 872.63 -10.00 SPOT ... See all stories on this topic »

S. Korea, Mekong nations launch first FM talks over economic, development ... Yonhap News By Lee Haye-ah SEOUL, Oct. 28 (Yonhap) -- The foreign ministers of South Korea and Southeast Asia's five Mekong River nations launched their first meeting on Friday aimed at boosting economic and development cooperation, as Asia's fourth-largest ... See all stories on this topic » Yonhap News

U.S.'s Panetta and South Korea's Kim Warn Against North Korean Aggression Bloomberg Panetta said the US remains committed to strengthening “extended deterrence” for its Asian ally. Panetta has used his first trip to Asia since taking office in July to urge more regional security coordination to counter North Korea's “serious threats” ... See all stories on this topic » Bloomberg

Singapore shares surge 2% on Europe hopes Channel News Asia CapitaLand surged 6.2% to S$2.75, while its shopping mall unit CapitaMalls Asia added 3.1% to S$1.335. City Developments gained 2% at S$10.78. Banks also gained from the lift in sentiment on the eurozone debt crisis. DBS Group Holdings added 1.7% to ... See all stories on this topic »

Asian Stocks Gain, Set for Best Week Since 2009 Bloomberg Emerging-market equities rallied again today, with MSCI Inc.'s benchmark index for 21 nations rising 1.8 percent. The measure has advanced six straight days. The Shanghai Composite Index advanced 1.6 percent and India's Sensex rose 3 percent. ... See all stories on this topic » Bloomberg

Aussie shoots flawless round to take a one-shot lead Malaysia Star By LIM TEIK HUAT and S. RAMAGURU PETALING JAYA: Australian Robert Allenby got off to a superb start in the US$6.1mil CIMB Asia Pacific Classic Malaysia by firing an eight-under 63 to set the pace in the first round at the Mines Resort and Golf Club. ... See all stories on this topic » Malaysia Star

S. Korean coast guard work for Rolls-Royce UPI.com "We are proud to be a partner of the Korean coast guard as they embark on a significant expansion of their fleet by investing in these powerful, highly maneuverable vessels," said John Yi, Rolls-Royce's vice president for Asia-Naval. ... See all stories on this topic »

Law Students: The ABA Wants to Help You 'Put a Dent in Your Debt' Above the Law By Kinney Recruiting Ed. note: This post is authored by Evan Jowers and Robert Kinney of Kinney Recruiting, sponsor of the Asia Chronicles. Kinney has made more placements of US associates and partners in Asia than any other firm in the past five years ... See all stories on this topic »

Luxury watch retailers target China Channel News Asia Of City Chain's 350 Asian stores, a quarter are now located in China, a growing destination for a third of the 4.2 million swiss timepieces that are exported to Asiaannually. Laurent Belloni, senior investment manager wit the Pictet Premium Brands ... See all stories on this topic »

The Asia Chronicles: Mobile in Hong Kong - a How-To Guide Above the Law For example, in the past few months a magic circle firm has moved from $65000 to $85000 and three more Wall Street firms have moved from an allowance in the $60'000's to one in the $80000′s. Here is the current breakdown of expat / cola allowances ... See all stories on this topic » Above the Law

The9′s Game Zone Hits 30 Chinese Android App Stores, Half a Million Downloads ... Penn Olson by Steven Millward on October 28, 2011 in Asia, Gaming, Mobile, Web Chinese gaming company The9 (NASDAQ:NCTY) has been pushing its services as an international game distributor this year, first launching its Game Zone service, and then launching an SDK ... See all stories on this topic » Penn Olson

Cliffs Natural 3Q Rises 98% On Iron Ore Sales Wall Street Journal Cliffs has said it is looking to consolidate its foothold in Asian markets as part of a plan to push its share of revenue from international sales above 50%. The company's acquisition this year of Canadian miner Consolidated Thompson Iron Mines Ltd., ... See all stories on this topic »

Evergreen Marine Has Unexpected Loss on Container-Ship Glut BusinessWeek Rates for hauling Asian-made toys, furniture and auto parts have tumbled this year because new ship capacity has outpaced demand. China Cosco Holding Co.'s container arm, Asia's biggest, suffered a 26 percent drop in rates on transpacific routes in the ... See all stories on this topic »

Maersk Line sees boost in Asia-Europe bookings MarketWatch Since being introduced on a six-week trial basis, 99% of deliveries have been on time, Maersk Line, a unit of Danish business conglomerate AP Moller-Maersk A/S (MAERSK-B.KO), said in a statement. This compares with an on-time delivery sector average of ... See all stories on this topic »

30 New Singapore-made Games Coming Your Way MarketWatch (press release) Mr Tetsuhiko Yasuda, President of Sony Computer Entertainment Asia (SCE Asia) attended the opening ceremony as a special guest. Mr Aubeck Kam, CEO, MDA, said: "Industry and government collaboration has always been key to growing the media sector in ... See all stories on this topic »

Should you sell your new iPhone 4S? CNET Asia By Aloysius Low on Oct 28, 2011 With Singapore being the first SoutheastAsia country to launch Apple's iPhone 4S, mobile phone dealers are enticing consumers with big cash offers to get them to part with their smartphones. ... See all stories on this topic » CNET Asia

Samsung Galaxy S II Sweep Best New Mobile Device Category at 4G World MarketWatch (press release) As an ubiquitous network takes hold in the mature markets of North America, Europe and Asia-Pacific, operators are anticipating massive growth in broadband data usage and planning their network migration strategies and business models for monetizing ... See all stories on this topic »

Dow Chemical Co. stock up after third quarter results Midland Daily News s profit in the third quarter caused an 8.2 percent jump in the company's stock price on Thursday. The stock's last trade was at $29.10, up $2.21 on news Dow earned $815 million, or 69 cents per share, in the quarter. The profit was up more than 50 ... See all stories on this topic »

Search continues for missing South Korean mountaineers - Asia News By XinhuaNET.COM Search continues for missing S. Korean mountaineers Search efforts continue on Friday in the Himalayas for missing South Korea's renowned mountaineer Park. Siam Daily News Online

Laos, S. Korea eye closer relations - Asia News Network That was the message on Monday when Lao Deputy Prime Minister and Minister of Foreign Affairs Dr Thongloun Sisoulith met Korea's Vice Minister of Foreign ... www.asianewsnet.net/home/news.php?id=23134&sec=1

PHILIPPINES - ITALY Rome, a Mass for Fr Fausto ... - Asia News Rome (AsiaNews) - A memorial mass for Fr Fausto Tentorio, the PIME ... will be celebrated in Rome Tuesday, October 25 at 7pm at the Church of S. Maria degli ... www.asianews.it/.../Rome,-a-Mass-for-Fr-Fausto-Tentorio-at-S...

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/

South Asia Consumer News - Consumer News Today Latest consumer news for business professionals & analysts. Breaking consumer spending, price index, product, credit, safety & recall news. consumer.einnews.com/region/south-asia

QNA | News | Qatar Airways Named Asia''s Most Preferred Airline Qatar Airways flies to over 100 diverse business and leisure destinations across Europe, Middle East, Africa, Asia Pacific, North America and South America with ... www.qnaol.net/QNAEn/.../11-10-17-2234_597_0100.aspx

South Korea's chief nuclear envoy to visit Moscow - Asia News S Korea's chief nuclear envoy to visit Moscow South Korea's chief nuclear negotiator is scheduled to pay a three-day Russia visit to meet with his. www.siamdailynews.com/.../south-koreas-chief-nuclear-envoy...

Shimizu S-Pulse Manager Afshin Ghotbi: "[J-League] has different ... Shimizu S-Pulse Manager Afshin Ghotbi: "[J-League] has different rules for foreign players". The S-Pulse tactician blasted match officials in Japan's J- League for ... www.goal.com/.../shimizu-s-pulse-manager-afshin-ghotbi-j-lea...

Asia Stocks Jump as Europe Agrees Greek Deal, China Easing Seen Traders in Australia were unable to react to the European news for four hours ... SouthKorea's Kospi Index gained 1.5 percent. Asian stocks extended gains ... www.bloomberg.com/.../asian-stocks-rise-on-european-leaders...

India welcomes Pakistan's UNSC seat South Asian News Agency (SANA) ⋅ October 23, 2011 ⋅. Share/Save · India welcomes Pakistan's UNSC seat. New Delhi (SANA)Pointing out that Kyrgyzstan, ... www.sananews.net/.../10/india-welcomes-pakistans-unsc-seat/

powradhwani: South-East Asia News:China Warns Vietnam, India ... South-East Asia News:China Warns Vietnam, India & Philippines. Hindustan Times: Blogs. China warns India, Vietnam, Philippines. So what? So China is ... powradhwani.blogspot.com/.../south-east-asia-newschina-warn...

SE Asia Stocks-Earnings help S'pore, Thailand rise ... - Yahoo! News Read 'SE Asia Stocks-Earnings help S'pore, Thailand rise; others flat' on Yahoo!. * Banks lead Thai stocks up ahead of 3-day weekend. my.news.yahoo.com/se-asia-stocks-earnings-help-spore-thaila...

S. Korea, Japan Renew Cooperation Pledges Regarding North ... The leaders of the Japanese and South Korean governments are vowing cooperation on North Korea's illegal nuclear weapons program and other matters ... www.voanews.com/.../South-Korea-Japan-Renew-Cooperation...

BBC News - Disgraced S Korean cloner Hwang back with coyote claim South Korean scientist Hwang Woo-suk, who fabricated research on cloning human embryos, says he has succeeded in cloning eight coyotes. www.bbc.co.uk/news/world-asia-pacific-15340240

S/mileage member Maeda Yuuka to leave show business ... According to the | News and info on Asian Entertainment Industry. ... S/mileage member Maeda Yuuka (16) is timid from uncover business during a finish of this ... www.asia-e.com/smileage-member-maeda-yuuka-to-leave-sho..

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