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Nov 9, 2011

ASIA News, Nov 09, 2011


Asia, S. America may host Presidents Cup
The Korea Herald
SYDNEY (AP) ― The only two continents where the Presidents Cup has not been played are Asia and South America, which is likely to change when the next one goes overseas in 2015. And while Asia appears to have more appeal, South America might be more ...
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McDonald's October Same-Store Sales Rise 5.5% as Traffic Increases inAsia
Bloomberg
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. Gains in Asia were led by China, Japan and Australia, the company said. “They have items on the menu that ...
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Bloomberg
Asian Stocks Snap Two-Day Loss as Berlusconi Offers to Quit to Fight Debt
Bloomberg
“The markets will take the near-term resolution of political uncertainties in Europe positively,” said John Woods, Hong Kong-based chief Asianstrategist at Citigroup Inc.'s private bank. “Now that we see inflation easing, it suggests that Asian ...
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Bloomberg
Thailand Investments Put Japan Inc.'s Earnings Directly in Flooding's Path
Bloomberg
Toyota, Asia's biggest carmaker, scrapped its annual profit forecast yesterday, saying it needs more time to assess the financial toll from Thailand's worst floods in almost 70 years. Canon, having shifted some camera production to the southeast Asian ...
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Bloomberg
17th SAARC summit: US S Asia agenda to get top priority
Kashmir Watch
ISLAMABAD: In the November 10-11, 2011 Addu Atoll 17th SAARC (South AsianAssociation for Regional Cooperation) Summit the participation of a strong US delegation headed by its Assistant Secretary of State for South and Central Asian Affairs Mr Robert...
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Asia growth drives Zebra Technologies Corp.'s strong third-quarter earnings
Medill Reports: Chicago
In the Asia-Pacific region, for example, sales surged 36 percent to $109.5 million from $80.8 million. The company said it expects continued growth in the region. By comparison, North American sales grew just 2 percent in the latest quarter, ...
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Medill Reports: Chicago
Thailand's Mitr Phol Makes Cash Offer for Rest of MSF Sugar
BusinessWeek
The company will be able to tap growth opportunities in sugar in Australia and Asia, he said. MSF owns four sugar mills with a total crushing capacity of about 4.7 million metric tons of cane producing around 550000 of raw sugar each year, according to ...
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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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APEC 2011 deepens VN's ties with other members
Tuoitrenews
State President Truong Tan Sang will attend the 19 th Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting in Hawaii , the US from Nov. 10-13 at the invitation of US President Barack Obama. Vietnam 'sparticipation in this APEC meeting reflects ...
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Tuoitrenews
Asian major-winner ditches coach for YouTube
AFP
It gives you pride to say the men?s side of Korean golf is also on the map. "From a personal perspective having three people to talk to apart from just myself is great." He added that golf-crazy Koreans would welcome the 2015 event "with open arms". ...
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AFP
Asia Naphtha/Gasoline-Timespreads erase gains
Reuters Africa
PRODUCT Price Prev Change DEC11 NAPHTHA NAF-1H-TYO 900.50/901.50 900.50 +0.50 SPOT NAPHTHA NETBACK NAF-SIN 97.77/97.87 97.77 +0.05 NOV NAPHTHA SWAPS NAF-1M-S 900.75/902.75 901.75 0.00 DEC NAPHTHA SWAPS NAF-1M-S901.50/903.50 902.75 -0.25 SPOT GASOLINE ...
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Indian shares rise in choppy trade, banks fall
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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Nomura Is Latest Blow in Japan's Terrible Year: The Ticker
Bloomberg
Here's one more woe to add to the list: Nomura Holdings Inc. (8604)'sshares tumbling to the lowest in 37 years. Yesterday's plunge provided a much-needed reality check on how Europe's escalating debt crisis is homing in on Asia's biggest names. ...
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Bloomberg
Carlsberg Quarterly Sales Stagnate as Russian Market Declines
Bloomberg
The volume of beer sold rose 11 percent in Asia in the third quarter. Brewers including Carlsberg are expanding in emerging markets to offset sluggish economic growth and stronger competition in Europe and the US The company increased its ownership in ...
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Bloomberg
Credit Saison, ICBC, Sodick, Tencent: Asia Stocks Preview
BusinessWeek
The stock added 0.3 percent to S$1.605. Pioneer Corp. (6773 JT): The maker of car-navigation systems and audio equipment withdrew its full-year earnings forecast after floods in Thailand disrupted output, according to a statement. ...
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S'pore, Estonia leaders reaffirm friendly ties
Channel News Asia
SINGAPORE: The leaders of Singapore and Estonia have reaffirmed the friendly ties between their countries and pledged to work closely together. This came during a meeting between Singapore's Prime Minister Lee Hsien Loong and his Estonian counterpart, ...
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S. Korea Seeks Trilateral Talks with Japan, US over DPRK Nuclear Program
CRIENGLISH.com
The potential meeting, if held on the sidelines of the East Asia Summit in Bali, Indonesia, would bring together South Korea' s top nuclear envoy Lim Sung-nam, his Japanese counterpart Sugiyama Shinsuke and US Assistant Secretary for East Asianand ...
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S. Korea seeks to hold talks with US, Japan on N. Korea next week
Yonhap News
9 (Yonhap) -- South Korea is seeking trilateral talks with the United States and Japan to coordinate their joint strategy on the North Korean nuclear standoff, on the sidelines of the 18-nation East Asia Summit in Bali next week, a Seoul official said ...
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India businesses eye partnerships with S'pore firms
Channel News Asia
MFA said the CII Core Group has made annual visits to Singapore since 1993 to deepen mutual understanding of developments in India and Southeast Asia, as well as enhance bilateral economic cooperation.
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OCBC Executive Says Significant Asia Credit Squeeze Unlikely
Fox Business
By Sam Holmes SINGAPORE -(Dow Jones)- Asia's bank lending market is unlikely to experience the sort of liquidity squeeze borrowers in Europe are currently experiencing, Oversea-Chinese Banking Corp.'s (O39.SG) head of enterprise banking and financial ...
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S.Korea-Market Factors to watch Nov 9
Reuters
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 Tae-Yi Kim; ...
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Danish shipper AP Moller-Maersk says Q3 profit dropped on plunging freight rates
Washington Post
Although his company anticipates the container unit to deliver a negative result on the full year because of lower rates, particularly on trade between Asia and Europe, he said he is still confident that the group will deliver a positive 2011 profit of ...
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Morning Take-Out
New York Times
FINANCIAL TIMES Private Equity Leaders Encourage Asian Risk | At a Hong Kong conference, private equity executives said it was a good time to invest in Asia because capital in the region was scarce, Reuters reports. REUTERS Hong Kong Chief Says Ackman ...
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Room for Debate: A Running Commentary on the News
New York Times
Stephen S. Roach is the non-executive chairman of Morgan Stanley Asia and a former chief economist of the investment firm. He is the author of The Next Asia. It's far too late to argue that the US economy hasn't fallen into a Japanese-like quagmire. ...
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Singapore Stocks-May open up; Wilmar, Noble 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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Indian shares fall 1.2 pct; SBI drops on bad loans
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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Can Latin America Feed China?
Latin Business Chronicle
In 2010, Henan Tianguan Group, China's second largest ethanol producer which is also 40 percent owned by Sinopec, announced its interest in building ethanol plants in Southeast Asia. Also, in 2009, Brazil 's State-owned oil and gas conglomerate ...
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Singapore Stocks-Slightly down by midday led by Wilmar
Reuters
But he noted that Wilmar's sugar business could benefit from the rising global consumption of sugar, particularly in Asia. Shares of Singapore-listed Yangzijiang Shipbuilding Holdings Ltd outperformed the broader market after the company reported a 40 ...
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Viet cabbie held for trying to overcharge two S'poreans
Malaysia Star
The driver, registered with the Phu Gia taxi company, was taken to Hanoi for investigation and could be charged with “cheating to appropriate private property”, a criminal offence in Vietnam. — The Straits Times / Asia News Network.
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ARA ASSET MANAGEMENT : ARA 3Q 2011 Results - Press Release
4-traders (press release)
9 November 2011 - ARA Asset Management Limited ("ARA" or the "Group"), a leadingAsian real estate fund manager, is pleased to report a 44% increase in net profit toS$54.9 million for the nine months ended 30 September 2011 ("YTD 3Q2011"). ...
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Adobe Systems (ADBE)'s "Market Perform" Rating Reaffirmed by Oppenheimer (OPY ...
LocalizedUSA
It has operations in the Americas, Europe, Middle East and Africa (EMEA), and Asia.On October 23, 2009, Adobe completed the acquisition of Omniture, Inc. Shares of Adobe Systems traded down 11.46% during mid-day trading on Wednesday, hitting $26.935. ...
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South Korea seeks trilateral talks with Japan, US ... - Siam Daily News
By XinhuaNET.COM
S. Korea seeks trilateral talks with Japan, U.S. over DPRK nuclear program South Korea is seeking to hold talks with the United States and Japan over the.
Siam Daily News Online
Asia growth drives Zebra Technologies Corp.'s strong third-quarter ...
Barcode printer company Zebra Technologies Corp. reported strong third quarter earnings, driven by growth in emerging markets. The Lincolnshire-based company reported net income of $45 million, or 84 cents per share, up 72 percent from ...
Chicago Business
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...
McDonald's October Same-Store Sales Rise 5.5% as Traffic Increases ...
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.bloomberg.com/.../mcdonald-s-october-store-sales-rise-5...
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...
US Navy Commander Calls for Greater Dialogue
A host of nations surrounding the South China Sea, including China, ... military influence in Asia a top priority in the face of China's growing profile. ...
blogs.wsj.com/.../u-s-navy-commander-calls-for-greater-dialo...
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
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...
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...
Asia Airlines News - World News Report
The most comprehensive geo-political news service available on the Internet, ... Europe, Middle East, Africa, Asia Pacific, North America and South America. ...
world.einnews.com/news/asia-airlines
Russia's TNK-BP seeks Asia, S. - Indonesia Now
Indonesia Spot News about Russia's TNK-BP seeks Asia, S. America investments - Marketwatch. This news state that --New.
indonesianow.org/.../investment-news-russias-tnk-bp-seeks-asi...
No stable future in S Asia without partnership with Pak: US | News ...
United States Secretary of State Hillary Clinton [ Images ] has acknowledged that Washington's leverage with Pakistan to go after the Haqqani network, which ...
topics.dallasnews.com/article/01jCaK48wGdCe?q=U.S...
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