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Nov 18, 2011

ASIA News, Nov 18, 2011


S China Sea control: Others question Beijing, wary India tests the waters
Indian Express
Prime Minister Manmohan Singh arrives in Bali for the East Asia Summit on Thursday. AP India may not have openly agreed with Philippines and Vietnam over Beijing's increased assertion over the South China Sea but it is emboldened enough to ask: “Who ...
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Indian Express
S. Korea to establish diplomatic mission exclusively handling cooperation with ...
Yonhap News
Officials said that South Korea's decision to establish the ASEAN mission is the fruit of the country's "New Asia Diplomacy," a term that refers to diplomatic efforts to reach out to Southeast Asia. The planned mission will serve as a focal point that ...
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Yonhap News
No panic - yet
Asia Times Online
There is also a long-term support (based July 2010) in the low 4200s. Volatility in the NortheastAsian exchanges diverged internally, as South Korea was the third-most volatile and Japan the second-least, but the two exchanges had roughly similar ...
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Kate's Sapphire Gives Royal Boost to Sri Lanka's Exports
BusinessWeek
The country's Colombo All-Share Index has fallen about 8 percent this year, less than the 16 percent decline in the MSCI Asia Pacific Index. The benchmark rose 0.7 percent as of 2:23 pm local time today. Exports are likely to reach $10 billion this ...
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Boeing Scores $21.7 Billion Order in Indonesia
Wall Street Journal
The announcements come near the end of a week-long trip to Asia Pacific in which Mr. Obama emphasized the importance of boosting trade to the fast-growing region as he struggles to persuade Americans that he can help fix an ailing economy. ...
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Moody's Raises Las Vegas Sands A Notch On Asian Operations
Wall Street Journal
s (LVS) by a notch, citing the casino operator's strong operating performance in Macau and Singapore, and growth expectations in both of those markets. The ratings firm raised Las Vegas Sands to Ba2, two notches below investment grade, from Ba3. ...
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Gas, Coal To Stay As South East Asia's Main Energy Sources, Says Exxonmobil
Bernama
KUALA LUMPUR, Nov 18 (Bernama) -- Natural gas and coal will continue to be the main energy sources in Southeast Asia, says Exxon Mobil Corporation. Senior Energy Advisor, Corporate Strategic Planning Department, David S. Reed, said Malaysia would ...
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ASEAN, China celebrate 20 years of ties
Channel News Asia
By S Ramesh | Posted: 18 November 2011 1143 hrs Bali, Indonesia: ASEAN's leaders kicked off the second day of their Bali summit with their one-on-one meetings with key dialogue partners - China, Japan, South Korea and the US. First on the agenda, ...
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Obama claims lion's share of Boeing deal credit
AFP
NUSA DUA, Indonesia — President Barack Obama Friday seized on Boeing's biggest-ever deal for commercial jets as a multi-billion dollar vindication of his bid to mine booming Asia for American jobs. Obama officiated as the US aviation giant signed a ...
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AFP
Dim Sum Market Gives Indian Bank Cheaper Dollars Than US: China Credit
Bloomberg
IDBI Bank was able to secure cheap funds in the Dim Sum bond market in part because of its state backing, said Diederik Werdmolder, head of fixed-income portfolio management at SinoPac Securities (Asia) Ltd. in Hong Kong. The government owns 65.1 ...
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Bloomberg
Singapore Stocks-Down by midday on Europe funding worries
Reuters
By Eveline Danubrata SINGAPORE, Nov 18 (Reuters) - Singapore shares look set to fall for a fourth consecutive session on Friday as the intensifying funding difficulties in Europe sparked fears of a contagion into Asia, increasing risk-aversion among ...
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S.Korea-Market Factors to watch Nov 18
Reuters Africa
... KOREA (ALL TIMES LOCAL) TOP STORIES >Samsung says alters tablet to avoid German ban >Financial regulators to launch Asia FSB group >Woori, Shinhan battle for troubled Tomato Savings >Daewoo Shipbuilding wins $500 mln ship order >South Korea's S-Oil ...
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Dark times ahead for S'pore, region after drop in NODX: analysts
Channel News Asia
By Ryan Huang | Posted: 17 November 2011 2312 hrs SINGAPORE: Singapore is usually among the first in the region to announce its economic data and this could be a sign of more bad news to come. Non-oil domestic exports (NODX) in October fell 16 per cent ...
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Partner and boost connectivity within ASEAN: PM Lee
Channel News Asia
By S Ramesh | Posted: 18 November 2011 1510 hrs Bali, Indonesia: Singapore's Prime Minister Lee Hsien Loong urged ASEAN's dialogue partners - China, Japan and South Korea - to partner the group in its projects to boost connectivity within ASEAN. ...
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Singapore stocks close 1.7% lower
Channel News Asia
Noble Group declined 4.3 per cent to S$1.12, Olam International fell 3.4 per cent to S$2.26, while Wilmar International shed 0.6 per cent to S$5.18. Sembcorp Marine slid 3 per cent to S$3.84, while Keppel Corp was down 1.4 per cent at S$9.00. ...
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S'porean match fixers still in the game
AsiaOne
"That said, the (Fifa) Security Department reports that the present focus of global investigations is leading towards Asia." Fifa declined to reveal the total number of countries infiltrated by Singaporean match fixers. But TNP has learnt that out of ...
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AsiaOne
In Pakistan, a deep civil-military divide
Washington Post
But real power remains in the hands of the military, which has ruled the South Asian nation for half its 64-year existence and was livid after the US operation against bin Laden. Though both the army and the civilian government receive billions of ...
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Aztech enters smart TV market
CNET Asia
The PlayXtreme will be launched during SITEX for S$199 , followed by other countries inAsia such as Hong Kong and Malaysia. Users can access a variety of online content and games ranging from CNBC News to Facebook and Angry Birds. ...
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CNET Asia
Toyota Speeds North America Output as Thai Flood 'Behind Us'
BusinessWeek
“Compared with cars made in Japan and other countries in Asia, Toyota's vehicles made in North America must have been less dependent on parts from Thailand, allowing it to normalize quicker,” said Satoru Takada, an analyst at TIW Inc. in Tokyo. ...
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Market Street Car Park venture secures S$890 million loan facility
TODAYonline
by Agencies CapitaLand's joint venture with CapitaCommercial Trust and Mitsubishi Estate Asia has secured a loan facility with OCBC Bank for up to S$890 million to fund the purchase and redevelopment of the Market Street Car Park site. ...
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Nifty seen opening lower on weak Asia
Economic Times
Asian shares fell for a fourth day in a row and the dollar firmed on Friday as Europe's funding difficulties intensified. Japan's Nikkei 225 index slipped 1.3 per cent to 8367.40 and Hong Kong 'sHang Seng index was trading lower at 18472.52, ...
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US fund ordered to sell stake in S. Korea bank
AFP
The American Chamber of Commerce said in 2008 that Lone Star's legal troubles are scaring foreign investors away from Asia's fourth largest economy. Employees of Korea Exchange Bank shout slogans against Lone Star in Seoul (AFP, Jung.
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AFP
Forex - Asia Open -Overnight Highlights
FXMarketAlerts.com
Singapore: CNA: S'pore pledged SGD 50mn to narrow the ASEAN gap. The contribution to the Initiative for ASEAN Integration (IAI) was unveiled at the ASEAN summit in Bali, to occur from 2012 to 2015 - Thailand: Yingluck Shinawatra's cabinet faced public ...
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Asia Distillates-Gasoil prices ease as stocks rise
Reuters Africa
In term tenders, South Korea's S-Oil Corp is set to sell its 2012 gasoil contract at premiums ranging between 30 percent and 200 percent higher than current contracts, traders said. Volumes and buyers were unclear but included PetroChina and Shell, ...
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Estimates on permitting S. Fla. casinos range from break even to $1.7 billion ...
Palm Beach Post
Genting estimates it will draw up to 6 million new visitors to Florida from around the world, especially South America and Asia, and steal away gamblers from Las Vegas. Au even pledged to underwrite half the seats on non-stop flights from Asia. ...
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Huskies rookie has grip on leading role
StarPhoenix
She would occupy Europe, take over Africa and reach for Asia and Australia. When Emmerson grips two basketballs for a pose and stretches them out to her sides, one in each hand, Emmerson sort of reminds you of something you may have seen from the ...
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Chemring' s strong growth marred by contract delays
Stock Market Wire
In line with strategy, Chemring continues to grow its presence within the Middle East and Asia as it moves towards the medium term target of 40% of revenues coming from non-NATO markets. Whilst the first quarter of 2012 will benefit from the revenues ...
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India Seeks Access to the Broadband Highway
BusinessWeek
The goal is to create a “digital pipe” to the household, says Deepak Mathur, the Singapore-based head of India sales for satellite operator SES, which beams programming from US channels such as HBO Asia and News Corp.'s Star TV to Indian pay-TV ...
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BusinessWeek
Max number of foreign born tech graduates from India:US Census
MSN India
Of the 4.2 million foreign-born science and engineering bachelor''s degree holders in the US, 57 per cent were born in Asia, 18 per cent in Europe, 16 per cent in Latin America and the Caribbean, 5 per cent in Africa, 3 per cent in Northern America and ...
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Market may extend recent steep losses: SMC Global
Myiris.com
``The market may extend recent steep losses on weak Asian stocks. Asia stocks fell, heading for a third week of losses, and oil declined as concern grew that Europe`s debt crisis is spreading and China`s banking regulator was said to warn of rising bad ...
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Heartland hip
TODAYonline
by Annette Tan Like his Tippling Club at Dempsey - which recently ranked as Asia's 10th best restaurant in The Miele Guide 2011/2012 - Ryan Clift's Open Door Policy has a ramshackle quality to it. There is rust on the chairs, metal sheets on the ...
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MIDCAP-Singapore's Tat Hong, STX OSV lead consensus earnings revisions
Reuters
The data tracked Singapore-listed companies with a market value of at least S$50 million and at least five analysts covering the firms. Tat Hong, ranked as Asia's largest crane company, caters to businesses including the infrastructure, oil and gas, ...
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Focus on women's football in Africa, Asia
Fifa.com
“The FIFA Women's World Cup in Germany was the best of all time," declared FIFA President Joseph S. Blatter in the foreword to the technical report on the tournament, published in September. “In every respect, this World Cup demonstrated the great ...
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Fifa.com
Skeptic » Doubtful News » Gecko trade boom in South-East Asia for ...
By Sharon Hill
This section of skeptic.com is brought to you by the Doubtful Newsblog: Paranormal and pseudoscience news for skeptics (because people really believe this stuff). The blog is run by Sharon Hill and Torkel ØdegÃ¥rd.
Skeptic.com
Yingluck must stand up and face the music - Asia News Network
One of the barometres of Yingluck's popularity is the coverage of the mass ... Thai Rath generally has a cordial relationship with the Thailand's ruling Pheu ...
www.asianewsnet.net/home/news.php?id=23795
Groove|Asia News: V6′s Sakamoto Masayuki dating Otsuka Chihiro?
Sakamoto Masayuki (40) of V6 and young actress Otsuka Chihiro (25) appear to be in a romantic relationship. Unconfirmed reports say that their relationship ...
www.grooveasia.com/.../V6-8242-s-Sakamoto-Masayuki-datin...
NTV Best Artist 2011′s first lineup ... - Entertainment Asia
It was also revealed that Arashi's Sakurai Sho | News and info on Asian ... It was also suggested that Arashi's Sakurai Sho will be a ubiquitous horde for a third ...
www.asia-e.com/ntv-best-artist-2011′s-first-lineup-announcem...
Asia Fuel Oil-S.Korea WP seeks 90000 T for Dec-January, Freight ...
Hellenic Shipping News Online Daily Newspaper on Hellenic and International Shipping.
www.hellenicshippingnews.com/en-gb/News.aspx?...ae74...
Asia Rise Drives Obama Message as U.S.'s First Pacific President ...
President Barack Obama, who calls himself “America's first Pacific president,” is pressing Americans to think more about Asia -- and, in some ways, to think more ...
www.businessweek.com/.../asia-rise-drives-obama-message-as-...
As S.East Asia embraces Myanmar, Japan sizes up investments ...
As S.East Asia embraces Myanmar, Japan sizes up investments. 16 Nov 2011 12 :44. Source: reuters // Reuters. * Japan sees potential for gradual rise in ...
www.trust.org/.../as-seast-asia-embraces-myanmar-japan-sizes-...
Asia`s Regulatory Outlook for 2012 - Enhesa No Charge Webinar ...
BRUSSELS and WASHINGTON, Nov. 10, 2011 /PR Newswire/ -- On November 10th and 15th, 2011, Enhesa will present the latest in its ongoing webinar series ...
www.environmental-expert.com/.../view-comments
Wall Street Ends Up | S & P Due Error - Asia Sun News
Wall Street Still Ends Up, S & P Due To Its Error. U.S. stocks closed up again tonight, the adoption of reform measures by the Italian Senate calm investor ...
www.theasiasun.com/wall-street-still-ends-up-s.../924047/
How Qualcomm is Shaping Windows 8′s ... - Mobile News Asia
Qualcomm is a critical provider of chips, powering a large segment of today's smartphones. The company has recently upped its relationship with Nokia, just to ...
www.mobilenewsasia.com/?p=237539
S Asia rivals due to hold talks – BBC News | BJ Moore
Moneycontrol.com S Asia rivals due to hold talks BBC News The prime ministers of India and Pakistan are due to hold talks at a regional summit in the Maldives. ...
bjmoore.com/?p=2554
South Asia's leaders push for trade liberalisation – Sulekha News
South Asia's leaders push for trade liberalisation News - Addu (Maldives), Nov 11 (IANS) The two-day SAARC summit ended in the balmy backdrop of this ...
newshopper.sulekha.com/south-asia-s-leaders-push-for-trade-li...
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