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Nov 14, 2011

ASIA News, Nov 14, 2011


Canada Targets Asia Sales After US Pipeline Delay, Harper Says
BusinessWeek
13 (Bloomberg) -- Canada will make it a priority to increase energy exports to Asia following the US decision to delay approval of TransCanada Corp.'s $7 billion Keystone XL pipeline, Prime Minister Stephen Harper said. “This does underscore the ...
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Bank Of East Asia's China Unit To Sell CNY3 Bln Bonds Thursday
Wall Street Journal
SHANGHAI (Dow Jones)--Bank of East Asia Ltd.'s (0023.HK) China unit Monday said it plans to sell CNY3 billion ($474 million) worth of two-year yuan-denominated bonds on China's interbank bond market Thursday. The bond sale will follow the company's ...
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Container Lines Plan Asia-US Rate Increase After Losses
BusinessWeek
14 (Bloomberg) -- AP Moeller-Maersk A/S, the world's largest container carrier, and 14 other shipping lines plan to raise rates on Asia-US routes beginning Jan. 1 after a price war and overcapacity caused industrywide losses. The companies, which also ...
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Asia on the slide
Asia Times Online
A static resistance interval running from the mid-8800s to the low 9100s does not augur well for an uninterrupted recovery. In the Greater China complex, performance ranged from the second most volatile in Asia (Hong Kong) to the least volatile ...
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Asian Shares End Mostly Higher As Italy Concerns Ease
Wall Street Journal
Among energy plays, Inpex added 0.8% in Tokyo, Origin Energy climbed 1.4% in Sydney and S-Oil was 3.4% higher in Seoul. Jiangxi Copper's Hong Kong and Shanghai shares tacked on 3.6% and 2.8% respectively. Financial shares were also broadly higher. ...
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Removing barriers to unleash S Asia's economic potential
Financial Express Bangladesh
Private sector-led growth in South Asian countries can receive a major fillip and help unlock the region's vast economic potential, provided the member-countries of the South Asian Association for Regional Cooperation (SAARC) initiate steps like ...
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M1 fined for network disruption
ZDNet Asia
By Liau Yun Qing , ZDNet Asia on November 14, 2011 (3 mins ago) Singapore ICT regulator IDA slaps S$300000 (US$232320) fine on telco after deeming M1's efforts to restore network service "not satisfactory". Telco disagrees with ruling, however, ...
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Asia Stocks, Copper Rise on Japan GDP
Bloomberg
s bid to buy 20 percent of the company, bringing them a step closer to unloading the stake after three failures in the past two years. The BSE India Sensitive Index, or Sensex, gained 0.7 percent. Government data on wholesale prices may show inflation...
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Bloomberg
Asian Stocks Rise on New Leaders in Europe, China 'Soft Landing'
BusinessWeek
s bid to buy 20 percent of the chipmaker. The world's second-largest maker of computer- memory chips added 3.5 percent to 22300 won. The MSCI Asia Pacific Index fell 15 percent this year through last week, compared with a 0.5 percent gain by the S&P ...
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RESEARCH ALERT-OCBC cuts UOL target to S$5.17; keeps buy
Reuters
OCBC expected UOL to launch its 577-unit development at Bedok Reservoir in Singapore later this month at indicative price levels of S$1100-S$1200 per square foot. But given that Singapore's CapitaLand, Southeast Asia's largest property developer, ...
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Flaherty Says Keystone Delay Means Canada Must Expand Asia Trade
BusinessWeek
13 (Bloomberg) -- Canada must expand trade with Asia after the US government decided to delay its review of TransCanada Corp.'s $7 billion Keystone XL pipeline, Canadian Finance Minister Jim Flaherty told CTV Television. “We've got to go where the ...
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President: 21st century belongs to asia pacific region
Thai News Agency MCOT
Honolulu, Nov 14 (ANTARA) - President Susilo Bambang Yudhoyono said the 21st century belongs to Asia and the Pacific as a rapidly growing region and the world`s strategic axis. In his address to the APEC CEO Summit 2011 at Sheraton Waikiki Hotel in ...
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Uniqlo's Yen for U.S. Sales Seen Turning American Eagle Japanese: Real M&A
Bloomberg
Bolstered by the success of its Heattech thermal wear and Bra Top camisoles, the casual-clothing chain's sales more than doubled in the five years ended August 2010, enabling Fast Retailing to become Asia's largest apparel retailer, according to data ...
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Bloomberg
Nissan Leaf Unloved in Hong Kong Where Maseratis Rule Smog: Cars
BusinessWeek
... are among the most generous in Asia, only 64 Nissan Leaf EVs were sold in the first nine months of the year. “People don't really care how much a car costs, but how great it feels,” said Rahul Dansanghani, 28, who drives a Mercedes S-Class sedan. ...
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S. Korea's debt amounts to 2.6 times its GDP
Yonhap News
The debt-to-GDP percentage is based on an estimate that the South Korean economy, Asia's fourth-largest, will expand 8 percent on-year in 2011 on a nominal basis. Debts of households and non-profit organizations jumped 9.4 percent on-year to 1050 ...
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UN, Asian mayors to learn Camotes' best practices
Sun.Star
By Rizel S. Adlawan THE United Nations (UN) director on strategy for disaster risk management will visit San Francisco town together with town mayors from Thailand, Vietnam and India. Helena Molin Valdes wanted the foreign officials to learn about the ...
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Telenor Talks with Malaysia´s Government about Ownership of DiGi.com
ScandAsia.com
Com Bhd , Telenor's Asia chief said in an interview with the Business Times newspaper published on November 11 2011. Telenor used to own 61 percent of DiGi but sold a 10.2 percent stake to Time DotCom Bhd in 2007 for 1.61 billion ringgit ($510.9 ...
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S'pore tops survey on business regulatory environment
TODAYonline
In Asia, the Philippines has reformed its insolvency law which governs liquidation and reorganisation of domestic companies. So far, over 80 per cent of countries covered by report have made reforms to simplify business entry. ...
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Moody s meeting with Indian govt, RBI officials routine
Moneycontrol.com
"This is a regular annual visit that we have with all governments globally," Thomas Byrne, the agency's senior analyst for Asia-Pacific sovereign ratings told Reuters. "The purpose of this meeting is to go to India and kick the tyres. ...
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Moneycontrol.com
Signature stuff
TODAYonline
... the second edition of the triennial APB Foundation Signature Art Prize, a collaborative effort between the Singapore Art Museum and Asia Pacific Breweries Foundation, is currently showcasing the 15 finalists vying for the S$45000 grand prize. ...
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Meet S'pore's next boy wonder
AsiaOne
"My dad called up the television station and at that point, the show's producers said they weren't sure if they were going to hold auditions in other parts of Asia," explained Jarrell of his decision to go to Taipei.
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AsiaOne
Under GOP Fire for Iran Policy, White House Defends Strategy of Pressure and ...
ABC News (blog)
Last year Medvedev prevented Russian defense contractor Almaz-Antey from selling the S-300 surface to air missile system to Iran. The United States will work with “European and Asian partners … to significantly dial up pressure,” Rhodes said. ...
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ABC News (blog)
ASEAN has progressed well under Indonesia chairmanship: Shanmugam
Channel News Asia
By S Ramesh | Posted: 13 November 2011 2044 hrs SINGAPORE: Indonesia caps its chairmanship of ASEAN with the forthcoming Bali summit which will see the formal entry of the United States and Russia into the East Asia summit grouping. ...
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S. Korea, US push to implement automated immigration checks
Yonhap News
Simplifying immigration procedures was one of the topics at a summit of the Asia-Pacific Economic Cooperation forum held on the US resort island of Hawaii on Sunday. The "Honolulu Declaration" adopted at the end of the meeting called for APEC members ...
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APEC-2011: Medvedev calls for confidence
The Voice of Russia
Meanwhile, the beginning of the first day of the APEC summit in Honolulu was dedicated to economic ties between the countries of the Asia-Pacific region. Dmitry Medvedev met Australia`s Prime Minister Julia Gillard to discuss measures to overcome the ...
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The Voice of Russia
Sasol's new CEO speaks
Moneyweb.co.za
JOHANNESBURG - Sasol (JSE:SOL)'s major investments in recent years have been in North America, the Middle East and Central Asia but the SA business is “the engine that makes global growth possible”. That is the view of David Constable, ...
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Social worker recognised again for outstanding work
Channel News Asia
The Awards are jointly organised by the Singapore Association of Social Workers and the National Council of Social Services with the support of the Ministry of Community Development Youth and Sports and ExxonMobil Asia Pacific Pte Ltd.
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Crude Oil Rises for a Third Day in New York Trading to Highest Since July
Bloomberg
The economy in Japan, Asia's second- biggest oil user, expanded at an annualized 6 percent rate last quarter, the Cabinet Office said today in Tokyo. “The change in Italy over the weekend is the main reason for the markets getting a lift,” said Ole ...
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National Games age-bar frustrates parents
Republica
Dhami is eligible contender for the Badminton Asia Confederation´s (BAC´s) scholarship program 2012 also. However, their participation in the upcoming Sixth National Games is still uncertain as the National Sports Council (NSC) has an age bar in place ...
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China Shock of 5% Growth Seen Deferred by Manufacturers' Inland Migration
Bloomberg
The more companies that join Guangzhou Constant in keeping production within China's borders instead of decamping to Asian neighbors such as Bangladesh, Vietnam or Indonesia, the longer the world's second-largest economy may avoid slumping to less than ...
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Bloomberg
Lee calls free trade pact with US 'survival strategy' for S. Korea
Yonhap News
Lee has been in Hawaii for an annual summit of Asia-Pacific economies. In the radio address, Lee said that forging free trade pacts with foreign nations, especially with the United States, has been a top priority of Japan. ...
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Yonhap News
Indian shares to open up; Kingfisher, Reliance Comm watched
Reuters India
Jet Airways Ltd after its swung to loss in September quarter. * Spicejet Ltd after it swung to loss in July-September. (Reporting by Anurag Kotoky and Kaustubh Kulkarni) ASIA-PACIFIC STOCK MARKETS: Pan-Asia........ Japan....... S.Korea... SE Asia. ...
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APEC and the TPP – The Best Way to Deal with China's Harmful Trade Policies
NL-Aid
He will start with the Asia-Pacific Economic Cooperation (APEC) meeting in Hawaii (Nov 12th-13th), and continue at the Association of South-East Asian Nations (ASEAN) summit in Bali, Indonesia (Nov 17th-19th). At the margins of both these world leader ...
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Canada eyes Asia after US delays Keystone project - Stabroek News
By Stabroek staff
HONOLULU, (Reuters) - Canada will try to sell more of its energy products to Asia after Washington delayed a decision on whether to approve the Keystone XL.
Stabroek News
South Korea's Lee postpones parliament visit over free trade ...
By XinhuaNET.COM
S.Korea's Lee postpones parliament visit over free trade agreement with U.S. South Korean President Lee Myung-bak on Friday put off his plan to visit the.
Siam Daily News Online
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