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Nov 23, 2011

ASIA News, Nov 23, 2011


Asia hedge funds embracing transparency to win cash
Reuters
S), said he added one Asia manager to his managed accounts platform LUMA this year and was in discussions with five others. Singapore-based MNJ Capital Management's Chief Executive Joseph Oyaski said he was in talks to take on his first managed account...
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Blatter: Asia has incredible potential
Fifa.com
As special guests of the Asian Football Confederation (AFC), FIFA President Joseph S. Blatter together with FIFA Secretary-General Jerome Valcke have been in Kuala Lumpur for the opening of an AFC Executive Committee meeting and the AFC Annual Awards ...
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Fifa.com
BNY Mellon Named Best Alternatives Administrator
Hedge Fund Net
by Jing Chen New York-based investment management firm BNY Mellon's Asia sector received the top honor at Asian Investor 's Service Provider Awards Tuesday night. The firm's Alternative Investment Services team won Best Alternatives Administrator in ...
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Asian Shares Tumble On Europe Jitters, Weak China PMI; Euro Drops
Wall Street Journal
The sharp drop in oil prices during Asian trading drove South Korea's S-Oil 6.0% lower and Cnooc down 2.8% in Hong Kong. January Nymex crude oil futures were $1.43 lower at $96.58 per barrel on Globex. The euro slipped below $1.35 against the dollar on ...
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South-Southeast Asia ties will deepen despite challenges
Channel News Asia
By S Ramesh | Posted: 23 November 2011 1833 hrs SINGAPORE : Singapore is confident that despite the difficulties and challenges, strategic and economic engagements between South and Southeast Asia will deepen. Education Minister Heng Swee Keat hopes ...
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Singapore Press Holdings Sues Yahoo
Wall Street Journal
By CHUN HAN WONG SINGAPORE—Singapore Press Holdings Ltd. is suing Yahoo Inc.'s Southeast Asian unit for alleged copyright violations, saying that the Internet firm reproduced news content from its newspapers without permission, the companies said...
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Indian shares hit 2-year low, banks leads losses
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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Bangkok Bank, DeNA, JFE Holdings, Olympus: Asia Stocks Preview
BusinessWeek
(4578 JT): H. Lundbeck A/S (LUN DC) said the US Food and Drug Administration determined that a new drug application for Otsuka Pharmaceutical Co.'s aripiprazole depot formulation for the treatment of schizophrenia is sufficiently complete to permit a...
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Asia Naphtha/Gasoline-Timespreads stay flat
Reuters Africa
ADNOC on the other hand has bought 150000 tonnes of gasoline from Total for 2012 delivery at premiums in the levels of high $30.00sa tonne level to low $40.00s to Mediterranean spot quotes. * SWAPS OUTRIGHTS (CFR Japan): December 2011 and January 2012 ...
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S.Korea?s Lee sees new era with US trade pact
AFP
Business groups also hailed the agreement as opening a new era forAsia's fourth-largest economy, but opponents took to the streets and police used water cannon to block an estimated 2500 protesters in central Seoul Tuesday night. ...
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AFP
OIL FUTURES: Crude Tumbles In Asia; Europe Debt, China PMI Weigh
Wall Street Journal
"Europe is still the biggest concern and it will remain that way for some time to come because there are so many things to fix there," an S-Oil Corp. sales trader in Hong Kong said. The selling pressure gathered momentum after a preliminary gauge of ...
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Take-Privates Capture Asian Bankers' Fancy
Wall Street Journal (blog)
Some take-private deals this year include Bain Capital's US$266 million buyout of Nasdaq-listed China Fire & Security Group Inc., and Abax Global Capital (Hong Kong) Ltd.'s joint offer with Fushi Copperweld Inc.'s chairman for the company, worth $353.4 ...
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Singapore Stocks: CapitaMall Trust, Jardine Strategic, Noble
BusinessWeek
CapitaLand Ltd. (CAPL SP), Southeast Asia's biggest developer that has 35 percent of its assets in China, slipped 1.6 percent to S$2.46. Yanlord Land Group Ltd. (YLLG SP), a China-based real-estate company, fell 2.7 percent to S$1.08. ...
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S.Africa stocks hit month low on China data
Reuters
The maker of Cartier watches and Mont Blanc pens saw its Asia Pacific sales surge 60 percent in the first half of this year, buoyed by robust demand from Chinese consumers. News of an undersubscribed bond auction in Germany also weighed on sentiment. ...
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Why does Korea`s stock market lag behind in NE Asia?
동아일보
The Chinese government wants to use the new stock market to list world-class foreign companies, including the world`s top 500. Global companies are also sending positive signals in that they can take a step closer to consumers in China. ...
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Dao Tien's family-run approach to Vietnamese food is full of flavor
STLtoday.com
Owner Diane Bui came to America with her parents about 20 years ago and worked atAsia restaurant in the Lumière Place complex before opening Dao Tien. The name is a combination of Bui's Vietnamese name and her daughter's, which when placed together...
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Indonesian Graft Rivaling Suharto Deprives Yudhoyono of Investment Surge
Bloomberg
The scandal has undermined Yudhoyono's election pledge to tackle graft, sending his popularity to a record low and hampering efforts to match investment levels in rival Asian nations. Investing in Southeast Asia'sbiggest economy is now more complex ...
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Bloomberg
S Korea's Inchon Airport looks to EM
Financial Times (blog)
It has been active in recent years exporting its state-of-the-art technology and management efficiency to airports in southeast Asia and the Middle East. It has been advising Irbil International Airport in Iraq since 2007 and doing consulting work for ...
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Financial Times (blog)
Thailand - Market factors to watch - Nov 23
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 Stocks News ...
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Taiwan stocks tumble, LCD makers lead decline
Reuters
ASIA-PACIFIC STOCK MARKET REPORTS: Pan-Asia...... Japan........ S.Korea.... SEAsia............ Hong Kong... China...... Australia/NZ......... India....... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil. ...
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Singapore Stocks-May open lower; COSCO in focus
Reuters
BRC ASIA LTD - Steel firm BRC Asia said on Tuesday its net profit for the year ended September 30 fell 30 percent to S$15.2 million, due partly to a fall in gross profit margin as the rise in average steel costs was greater than the increase in average ...
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Manulife Financial : Manulife Singapore's New Business Surges in the Third Quarter
4-traders (press release)
[1] Philip Hampden-Smith, Executive Vice President and General Manager of South EastAsia Operations, said, "Our Manulife Singapore business has had an outstanding third quarter building on the successes of the first half of the year. ...
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S.Korea-Market Factors to watch Nov 23
Reuters
Latest KR stock report Latest money report Latest stocks KR press digest KR main diary KR IPO diary Global Markets report Oil Markets report New York Stocks Asiastock outlook Emerging markets report (Reporting by Eunjee Park; Editing by Jonathan...
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Indonesia emerges as overall champion after 14 years
Thai News Agency MCOT
Jakarta, Nov 23 (ANTARA) - The fervor and frenzy of the 26th South East Asian Games (SEA Games) in Palembang (South Sumatra) and Jakarta ended on Tuesday after Vice President Boediono officially closed the sports event. More than 6000 athletes and ...
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Bedok Residences' units sell like hotcakes
Channel News Asia
Units are priced between S$1100 and S$1500 per square foot. While the price of a unit is higher than most properties in the east, buyers said they did not mind due to its location in the mature estate. "It's in Bedok, I grew up here. ...
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Tan skips chemo to strike gold for S'pore
AsiaOne
By Dilenjit Singh Singapore saluted their oldest gold medallist at the South-east Asia (SEA) Games yesterday when Tan Yoke Lan, 63, partnered Seet Choon Cheng, 46, to claim the women's pairs gold with a final score of 284. They are also the Republic's ...
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AsiaOne
India's Top Court Grants Bail to Executives in Mobile-Phone License Case
Bloomberg
The telecoms scandal has weakened Prime Minister Manmohan Singh's government, lowered investor confidence in Asia's third largest economy, paralyzed legislation and triggered street protests. Singh, under pressure from activists and opposition parties, ...
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Bloomberg
AFC Diamond of Asia: HM Sultan Ahmad Shah
The Official Home of Asian Football
"The Future is Asia and we should not rest until we have realised this dream." HM Sultan Ahmad Shah is the seventh recipient of the elite accolade after Saburo Kawabuchi (2005), Joseph S Blatter (2006), Lennart Johannson (2007), Ken Naganuma ...
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The Official Home of Asian Football
S'pore boy, 11, finishes ninth in Taiwanese reality singing contest
AsiaOne
The fresh-faced 11-year-old was the ninth place finisher on the show's latest episode, which was broadcast across Asia last night. Million Star, formerly known as One Million Star and now into its eighth season, airs over E City (StarHub Ch 825) every ...
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AsiaOne
Global crisis of confidence created by greed of few: Murthy
Moneycontrol.com
"(They) have shaken the confidence of the people and given the whole spectrum of business leaders a bad name," said Narayana Murthy, who will be honored for his lifetime achievements at CNBC`s Asia Business Leaders Awards in Singapore on Thursday. ...
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Moneycontrol.com
Enviornmental Science News - » S'pore scientists announce ...
By Channel News Asia
S'pore scientists announce collaboration with Nestle. The collaboration is aimed at using epigenetics, the biology of how gene function is regulated by environmental factors such as maternal nutrition during very early stage of development, ...
Enviornmental Science News
LIBYA Libya, Gaddafi's son caught in the south - Asia News
Libyan Transitional Council sources confirm the captured in Sabha. Saif al-Islam is now being held in Zintan. Nasser's son was on the run since last August and ...
www.asianews.it/.../Libya,-Gaddafi's-son-caught-in-the-south-...
South China Sea Tensions Overshadow New US Military - News
U.S. plans to send additional military personnel to Australia in the coming years have drawn mixed responses among Southeast Asian leaders who are wary of ...
www.voanews.com/.../S-China-Sea-Disputes-Overshadow-Con...
South Asia vultures victims of poison
sana news deliver latest and breaking news from Pakistan, World, Sports, Businessnews, Cricket and Weather. Find Pakistan news in Urdu & english.
www.sananews.net/.../south-asia-vultures-victims-of-poison/
Obama hails trade deal on day of Asian diplomacy
Leaders of smaller Asian nations are increasingly alarmed over China's claims to maritime passage and rich oil reserves in the South China Sea. The big news ...
www.thehindu.com/news/international/article2638555.ece
After North's Rebuff, S. Korea Looks Elsewhere to Donate Aid
South Korea says it is looking to donate baby formula originally intended for North Korea to countries in Africa and elsewhere hit by disasters.
www.voanews.com/.../After-Norths-Rebuff-S-Korea-Looks-El...
S'pore school opts for desktop virtualization - ZDNet Asia News
Temasek Polytechnic deploys virtualization tech to help students get better access to compute resources and cut down on manpower and capital investment ...
www.zdnetasia.com/spore-school-opts-for-desktop-virtualizati...
Disaster risk in South Asia - News - Professional Resources ...
Nisha Kumar Kulkarni reviews for Searchlight South Asia some recent articles and reports to analyse the level of vulnerability of Bangladesh, Nepal and ...
www.preventionweb.net/english/professional/news/v.php?...
Celtic's Ki unlikely to be selected by South Korea | Australia/Asia ...
Celtic's Ki unlikely to be selected by South Korea ... South Korea manager Cho Kwang-rae has indicated that Ki Sung-yeung will .... More: Australia/Asia News ...
www.tribalfootball.com/.../celtic-s-ki-unlikely-be-selected-sout...
South Korea voters look to independent voices - Asia-Pacific - Al ...
Seeking change, voters are taking unorthodox decision to back independents in 2012.
www.aljazeera.com/news/asia.../2011112214445649302.html
Video: South Korean MP throws tear gas at speaker in trade bill ...
South Korea's ruling party has ratified a controversial free trade deal with the United States despite an opposition MP letting off a teargas device, briefly clearing ...
www.telegraph.co.uk/.../South-Korean-MP-throws-tear-gas-at-...
BBC News - Wen warns US on South China Sea dispute
China has warned "external forces" not to get involved in its maritime disputes with neighbouring countries over the South China Sea.
www.bbc.co.uk/news/world-asia-15790287
India tests nuclear capable 'Agni-II Prime' missile | South Asia ...
sana news deliver latest and breaking news from Pakistan, World, Sports, Businessnews, Cricket and Weather. Find Pakistan news in Urdu & english.
www.sananews.net/.../india-tests-nuclear-capable-agni-ii-prime...
South Korean Basketball, Teams, Scores, Stats, News, Standings ...
Most informative source for South Korean basketball.
www.asia-basket.com/South-Korea/basketball.asp?NewsID...
China, US bid for influence in S-East Asia come to fore in Bali ...
China, US bid for influence in S-East Asia come to fore in Bali - Bali, Nov 18 : The tussle for influence in the South-East Asia-Pacific region between the two big ...
www.newkerala.com/news/2011/worldnews-109786.html
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