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Nov 8, 2011

ASIA News, Nov 08, 2011


McDonald's October Store Sales Rise 5.5% on Improvements in Asia
BusinessWeek
This year McDonald's will open as many as 200 stores in the Asian nation, where it competes with Yum! Brands Inc.'s KFC and Pizza Hut chains. McDonald's sales rose 5.2 percent in the US and 4.8 percent in Europe. Analysts were expecting growth of 4...
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India, Pakistan officials meet before S Asia summit
Hindustan Times
Senior officials from arch-rivals India and Pakistan met in the Maldives on Tuesday as they prepared for a summit of South Asian nations in the remote atoll of Addu, an official said. Maldivian foreign secretary Ahmed Naseer said foreign secretary ...
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Foreign banks in S'pore cut headcount
Channel News Asia
Banks across Asia are undertaking a fresh round of job cuts, according to insiders, and Singapore has not been spared. Lenders began letting staff go at the end of September as strict capital rules in Europe and the US -- and a tough third quarter for ...
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S'pore integrated resort finds intelligence in customer data
ZDNet Asia
By Eileen Yu , ZDNet Asia on November 8, 2011 (12 hours ago) For Resorts World Sentosa (RWS), customer data means big business because it provides valuable insights that will allow the integrated resort to better plan and strategize its operations....
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Asian Shares Mixed Amid Caution On Europe; Olympus Dives 29%
Wall Street Journal
By Shri Navaratnam and Puja Rajeev SINGAPORE (Dow Jones)--Asian stock markets were mixed Tuesday amid caution over Europe's debt woes, while Tokyo lost ground with Olympus Corp.'s shares plummeting 29% after the company admitted it had covered up huge ...
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Cargo to US Dropping for First Time Since End of 2009: Freight
BusinessWeek
Container volumes on the Asia-to-US route fell 3.8 percent in the third quarter, the first decline since the last three months of 2009, according to Newark, New Jersey-based PIERS, a unit of UBM Global Trade that compiles cargo data. ...
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Asia Naphtha/Gasoline-Gasoline cracks near 4-mth low
Reuters Africa
PRODUCT Price Prev Change DEC11 NAPHTHA NAF-1H-TYO 900.00/901.00 879.50 +21.00 SPOT NAPHTHA NETBACK NAF-SIN 97.72/97.82 95.48 +2.29 NOV NAPHTHA SWAPS NAF-1M-S 900.75/902.75 880.00 +21.75 DEC NAPHTHA SWAPS NAF-1M-S901.75/903.75 880.00 +22.75 SPOT ...
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SRC sending inflatable boats to Thailand
Channel News Asia
Southeast Asian countries like Cambodia and Thailand are currently facing their most severe flooding in years. The Singapore Red Cross (SRC) on Tuesday also donated 18 inflatable rubber boats to the Thai Red Cross. The boats cost a total of S$50000. ...
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Toyota withdraws outlook on Thai floods, quake, yen
Reuters
By Chang-Ran Kim, Asia Autos Correspondent TOKYO (Reuters) - Toyota Motor Corp (7203.T) withdrew its annual profit guidance on Tuesday as Thai floods threaten output just as it had recovered from supply shortages that battered production after the ...
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Reuters
Indian shares flat; State Bank rebounds
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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Tiong Woon reports 25% fall in Q1 net profit
Channel News Asia
The biggest contributor was the Heavy Lift and Haulage segment which reported a profit of S$25.0 million, up 8 per cent from S$23.1 million a year ago. This was due to an increase in projects in the Asia Pacific region, the company said in a stock ...
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Millennial Media Names Robert Woolfrey Southeast Asia Managing Director
MarketWatch (press release)
Woolfrey will represent Millennial Media on the Mobile Marketing Association (MMA)'s Asia Pacific Board of Directors. Millennial currently has numerous openings, in sales, operations and business development in the region. "Millennial Media brings a ...
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Asia Distillates-Gasoil cash differentials up on Chinese buying
Reuters Africa
South Korea's S-Oil is offering up to 18 million barrels of jet and gasoil for its 2012 term contract next year. The tender closes on Nov. 10 and is valid until Nov. 18. - Formosa is offering up to 8.64 million barrels of 500 ppm sulphur diesel for ...
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Singapore Stocks-Cautious start seen; SingTel in focus
Reuters
ASIA-PACIFIC STOCK MARKETS: Japan S.Korea China Hong Kong Taiwan SE AsiaAustralia/NZ India OTHER MARKETS: Wall Street Gold Currency Eurostocks Oil JP bonds ADR Report LME metals US bonds STOCKS NEWS US, Europe, Asia: DIARIES & DATA: IPO diary & data ...
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S Korea Warns Of Slowing Momentum, External Risks
NASDAQ
SEOUL -(Dow Jones)- South Korea'sMinistry of Strategy and Finance Tuesday once again warned of slowing economic momentum for Asia's fourth-largest economy amid continuing external uncertainties and price pressures. "Our economy's recovery continues, ...
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US stocks open higher Tuesday as investors await vote in Italy
AHN | All Headline News
McDonalds, the world's largest restaurant chain, added 0.4 percent after reporting October store sales increased 5.5 percent on improvements in Asia. Honeywell advanced 1.5 percent on buy recommendation from Citigroup. Oil was trading up about $1 to ...
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S.Korea Oct department store sales growth slowest in 28 mths
Reuters
SEOUL Nov 8 (Reuters) - Department stores run by South Korea's top three chain operators posted their worst sales growth in more than two years in October, official data showed on Tuesday, adding to signs of slowing in Asia's fourth-largest economy....
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Emerson Network Power Provides IT Infrastructure Solutions for Teliti Green ...
Control Engineering Asia
On opening, Teliti data centre will be Asia’s largest green data centre, one which redefines the benchmark for such services in Malaysia and the Asia-Pacific region, claims Emerson. “The world-class technologies from Emerson Network Power and our ...
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Dollar, Treasuries Gain Before Italian Vote; Asian Shares Drop
San Francisco Chronicle
Workers at Freeport-McMoRan Copper & Gold Inc.'s Grasberg mine in Papua, Indonesia, turned down a 35 percent wage-increase offer. Aluminum futures added 0.8 percent and lead rose 0.5 percent. Oil for December delivery traded at $95.61 a barrel in New ...
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Singapore unveils first infocomm registry for IT professionals
ZDNet Asia
By Jamie Yap , ZDNet Asia on November 8, 2011 (5 hours ago) Dubbed InfoPier, registry serves as repository and online community where IT professionals and businesses can network, thereby, raising bar of local IT workforce, says industry body....
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Furmanite Corp. Reports Operating Results (10-Q)
GuruFocus.com
Changes related to foreign currency exchange rates favorably impacted revenues by $10.0 million, of which $5.7 million, $3.9 million and $0.4 million were related to favorable impacts from EMEA, Asia-Pacific and the Americas, respectively. ...
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Confederation of Indian Industry Core Group in S'pore
Channel News Asia
... Group's interest in working with Singapore companies to explore new investments under this new framework. The Core Group has made annual visits to Singapore since 1993 aimed at deepening mutual understanding of developments in India and SoutheastAsia.
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REEL ASIAN 2011: PIERCING I Review
Twitch
... part of the s... Denvo commented on FANTASTIC ASIA FILM FESTIVAL TICKET GIVEAWAYS (MELBOURNE ONLY) : Guilty of Romance cos i missed it at MIFF - and after watching Love Exposure & Cold Fish I have to see pretty much everything Sion Sono makes....
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Twitch
S.Korea-Market Factors to watch Nov 8
Reuters
... 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 ($1 = 1117.000 Korean Won) (Seoul Newsroom; Editing by Jonathan Hopfner)
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Samsung announces availability of Galaxy Note in Asia
CNET Asia (blog)
The Korean company also told us that the Galaxy Note will launch in Singapore come November with a retail price of S$998 (US$784) without an operator contract. We've also followed up with Samsung for the retail pricing in the other five countries and ...
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SJM Q3 Net Gains 35% on Gambling Rise
Bloomberg
Photographer: Jerome Favre/Bloomberg SJM Holdings Ltd. (880), Asia'sbiggest casino company by sales, said third-quarter profit rose 35 percent as high-stakes gamblers bet more on card games at its flagship Casino Grand Lisboa. ...
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Bloomberg
RPT-Philippines - Market factors to watch - Nov 8
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....
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Forex - Asia Open -Overnight Highlights
FXMarketAlerts.com
South Korea: Fitch Ratings upgraded outlook for S.Korea's long-term foreign currency rating to positive from stable, and affirmed the A+ grade, citing sovereign creditworthiness is strengthening as the sovereign and external balance sheets grow more ...
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European money manager Reech Aim Group plans Asian expansion
TODAYonline
The London-based company aims to raise about US$200 million (S$254 million) to US$300 million over the next two years from Asian investors, after opening a Singapore office in January, said Reech. The firm, which expects its assets to reach US$400 ...
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ECLAC and the Republic of Korea Promote Economic Cooperation between Asia and...
Caribbean PressReleases.com (press release)
By S Coward Nov. 7, 2011 - During the Seminar on Economic Cooperation between Korea and Latin America and the Caribbean, directors and chiefs of six divisions and sections of ECLAC, and authorities of the Government of Korea, academics and researchers, ...
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Kidnappers of 3 South Koreans in S. Philippines ... - Siam Daily News
By XinhuaNET.COM
Kidnappers of 3 South Koreans in S. Philippines demand ransom Kidnappers holding three South Korean men demanded ransom money in exchange for the freedom of.
Siam Daily News Online
BBC News - Asia
Get the latest Asian news from BBC News in Asia: breaking news, features, ... SouthKorea will resume sending medical aid to North Korea via the United ...
www.bbc.co.uk/news/world/asia/
S. Korea rushes for resources, infrastructure in ... - Asia News Network
In 2009, Hyundai Heavy Industries, the world's largest shipyard, won an order from theSouth African government to provide high voltage transformers worth ...
www.asianewsnet.net/home/news.php?id=23498
Six militants killed in S. Afghanistan - Asia News
Six militants killed in S. Afghanistan Afghan National Police (ANP) have killed six militants in the country's Kandahar province, the provincial government.
www.siamdailynews.com/.../six-militants-killed-in-s-afghanista...
ASIA South Asian pollution spurs cyclone formation in ... - Asia News
London (AsiaNews / Agencies) - South Asian pollution is helping the formation of monstrous cyclones over the Arabian Sea, which cost hundreds of deaths and ...
www.asianews.it/.../South-Asian-pollution-spurs-cyclone-form...
Etisalat`s Group Asia News Etisalat Afghanistan to the nurture the ...
Etisalat`s Group Asia News Etisalat Afghanistan to the nurture the Cricket sport in Afghanistan & PTCL scoops the prestigious “2nd Global HR Excellence Award.
www.pr2live.com/.../etisalats-group-asia-news-etisalat-afghanis...
South Africa record for rhino poaching deaths
Some game farms in South Africa have resorted to de-horning rhinos before poachers get to them ... WWF says the spike in poaching in Africa and South Asia is largely caused by increased demand for rhino horn in ... Elsewhere on BBC News ...
www.bbc.co.uk/news/world-africa-15571678
McDonald's October Store Sales Rise 5.5% on Improvements in Asia
This year McDonald's will open as many as 200 stores in the Asian nation, where it competes with Yum! Brands Inc.'s KFC and Pizza Hut chains. ...
www.businessweek.com/.../mcdonald-s-october-store-sales-rise...
US, South Korea to Increase Defense Posture Against ... - VOA News
The U.S. and South Korea have pledged to "advance combat readiness capabilities" near the disputed sea border with North Korea, warning against any future ...
www.voanews.com/.../US-South-Korea-to-Increase-Defense-P...
Gilani approves promotion of 83 officers ... - South Asian News Agency
sana news deliver latest and breaking news in Urdu from Pakistan, World, Sports, Business, Cricket and Weather. Find Pakistan news in Urdu & english.
www.sananews.net/.../gilani-approves-promotion-of-83-office...
Half of spam now comes from Asia
Region accounts for most spam worldwide, with more Asian nations joining the "Dirty Dozen" list which ranks South Korea second after the United ... Breaking News: 'Pre-crime' human profiling system inaccurate, infringes personal privacy ...
www.zdnetasia.com/half-of-spam-now-comes-from-asia-6230...
Celtic's Ki in South Korean hospital with mystery illness | Australia ...
Celtic's Ki in South Korean hospital with mystery illness. Submitted by Andrew Slevison on Tue ... Australia/Asia News · Celtic · Email this page · del.icio.us · Ping ...
www.tribalfootball.com/.../celtic-s-ki-south-korean-hospital-m...
Groove|Asia News: S.H.E.'s Selina released new music video
S.H.E.'s Selina released new music video. Posted Image Photo & Video: H.I.M.. Written by: imeisee @ CpopAccess.com. Three more days before the wedding of ...
www.grooveasia.com/.../S-H-E-s-Selina-released-new-music-v...
South Korean Basketball, Teams, Scores, Stats, News, Standings ...
Most informative source for South Korean basketball.
www.asia-basket.com/South-Korea/basketball.asp?NewsID...
East Asia Energy News - Energy Industry Today
Latest energy news for energy industry professionals & analysts. ... chairmanship of the 10-member Association of South East Asian Nations could provoke ...
energy.einnews.com/region/east-asia
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