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Jun 8, 2012

ASIA News, Jun 08, 2012

Asia today: 3 in a row! Oz trade data better than consensus
FXstreet.com
by Andrew Robinson - Saxo Bank | View company's profile For the third day in a row, Australia was in the spotlight during the Asia session. This time it was the turn of trade data for April. The trade balance came in at a deficit of A$203 mln, ...
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Panetta identifies India as 'linchpin' to counter China
India Today
As China views Washington's new military strategy focused on the Asia-Pacific with suspicion, US Defence Secretary Leon Panetta on Wednesday identified India as the "linchpin" in its latest game plan in which the region will be packed with more forces.
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India Today
Update on the latest business
NECN
In the latest session, the Dow added 46 points, or 0.3 percent, to 12461. The S&P slipped 0.14 to 1315. The Nasdaq dropped nearly 14 points to 2831. Coming into today's session, the key averages are up about 3 percent for the week. BANGKOK (AP ...
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Asian shares fall on unclear US policy stimulus, Europe
Business Standard
"The weaker sentiment today reflects primarily concerns about the US and Europe, because people had hoped for more quantitative easing or some form of suggestions from Bernanke to stimulate the US economy yesterday but that didn't happen," said Dariusz ...
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Asia today: No worries mate! Australia's Q1 GDP is sky high!
FXstreet.com
That is the only way to describe the performance of the Australian economy in the first quarter of the year, at least according to the latest data from the Australian Bureau of Statistics. The Australian economy grew by 1.3 percent q/q, ...
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Reed Launches New China Joint Venture, Strengthens Lead in Auto Aftermarket Sector
Einnews Portugal
ZHENGZHOU, China, June 8, 2012 /PRNewswire-Asia/ -- Reed Exhibitions China, part of Reed Exhibitions, the world's leading organizer of trade events, recently announced the formation of a newjoint venture (JV) in China: Reed Hongda Exhibitions.
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Shares fall on unclear US policy stimulus, Europe
Reuters
By Chikako Mogi | TOKYO (Reuters) - Commodities from oil to copper and Asian shares tumbled on Friday, while risk aversion lifted the dollar, after Federal Reserve Chairman Ben Bernanke disappointed investors looking for a clear signal of further US ...
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Today, Venus makes its last-in-your-lifetime journey
TheChronicleHerald.ca
Those in most areas of North and Central America will see the start of the transit until the sun sets, while those in Western Asia, the eastern half of Africa and most of Europe will catch the transit's end once the sun comes up.
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TheChronicleHerald.ca
In India's interest
Daily Pioneer
US Secretary of Defence Leon Panetta's two-day visit to New Delhi must be viewed against the backdrop of the recent 'pivot to Asia' in America's strategic foreign policy. Earlier this year, US President Barack Obama released a security document that ...
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Wall Street Journal Launches Live Video From Asia
MarketWatch (press release)
NEW YORK and HONG KONG, Jun 1, 2012 (GlobeNewswire via COMTEX) -- The Wall Street Journal has expanded its video programming from Asia with the launch of Asia Today, a live show featuring the latest news and developments in Asia.
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Asian Stocks Extend Global Rally on Stimulus Optimism; Oil Gains
San Francisco Chronicle
Indian Prime Minister Manmohan Singh pledged to revive growth in Asia's third-largest economy through infrastructure spending. The number of people employed in Australia rose by 38900 lastmonth, the statistics bureau said. "Any time central bankers ...
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First Satellite For Indian Navy Elevates Country's Military Status - OpEd
Eurasia Review
The Indian Navy has always been one of the most powerful in the Asia-Pacific region. It only lacked a so-called “space component” to meet modern standards. And today the first element of this component is ready for launch scheduled for this month.
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IRD Announces New Contract Award in India Valued at CDN $1.7 Million
SYS-CON Media (press release)
SASKATOON, SASKATCHEWAN -- (Marketwire) -- 06/07/12 -- International Road Dynamics Inc. (IRD) (TSX:IRD) announced today that its wholly-owned subsidiary, International Road Dynamics South Asia Pvt. Ltd. (IRDSA), has been awarded a major contract from ...
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Renaissance Hotels Asks Guests To
eTravelBlackboard - Asia Edition
This global day of activity is designed to promote the brand's new Live Life To Discover advertising campaign which will go live in Asia this month. More than 50 Renaissance Hotels will invite guests to discover unique musical and other artistic ...
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Unesco designation keeps Penang teeming with culture
The National
Today Penang is making news for a very different reason: the island's capital, George Town, has been transformed into the latest hot destination in Asia. The buzz behind its metamorphosis is heritage, ever since Unesco awarded the capital world ...
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The National
GLOBAL MARKETS-Shares fall on unclear US policy stimulus, Europe
Reuters
* MSCI Asia ex-Japan falls 1 pct, Nikkei down 2 pct * China rate cuts precede May data this weekend * Uncertain US policy outlook weighs on oil, copper, euro * Safety bids support dollar By Chikako Mogi TOKYO, June 8 (Reuters) - Commodities from oil to ...
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Stocks Climb for Third Day on Stimulus Optimism; Aussie Gains
San Francisco Chronicle
Bank of England Governor Mervyn King will today consider if Britain's economy is vulnerable enough to warrant reigniting stimulus that officials halted a month ago. The number of people employed in Australia rose by 38900 last month, the statistics ...
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Century 21 China Real Estate Announces Completion of Settlement of Shareholder ...
MarketWatch (press release)
As of June 8, 2012, the latest practicable date, the Company's founders are the largest beneficial owners of the Company with approximately 40.5% of the Company's shares. The Company todayalso announced that its board of directors has adopted the ...
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Amadeus underpins Air China's growth strategy with advanced technology solutions
eTravelBlackboard - Asia Edition
Amadeus, a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry, today announced that Air China has implemented three additional advanced technology solutions from the Amadeus e-Commerce ...
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New Survey Finds Over Half of Employees Use Unauthorized Consumer Based File ...
MarketWatch (press release)
LONDON, Jun 07, 2012 (BUSINESS WIRE) -- A new study released today by SkyDox finds that while bring-your-own-device (BYOD) and free, cloud-based file-sharing is on the rise, IT administrators are largely unable to police the use of these tools within ...
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Panetta's visit works to India's advantage
Russia & India Report
After a decade of war, we are developing a new defense strategy – a central feature of which is a 'rebalancing' toward the Asia-Pacific region. In particular, we will expand our military partnerships and our presence in the arc of extending from the ...
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Tamrat stresses for consensus for future path
Himalayan Times
KATHMANDU: South and Central Asia Chief of the UN Department of Political Affairs, Samuel Tamrat today called on UCPN-Maoist Chairman Pushpa Kamal Dahal at the latter's residence in Lazimpat and conveyed UN Secretary General Ban Ki-moon's displeasure ...
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'The End Is Not Near, It Is Here and Now' – Gold Legend Jim Sinclair
Gold Seek
Today's AM fix was USD 1576.00, EUR 1264.34, and GBP 1021.72 per ounce. Yesterday's AM fix was USD 1620.75, EUR 1288.66, and GBP 1046.25 per ounce. Gold fell $28 or 1.73% yesterday inNew York and closed at $1591.60/oz. Gold traded sideways prior to ...
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PCI Security Standards Council Announces Keynote Speakers for Asia Pacific ...
CNBC.com
The one-day event for Asia Pacific PCI stakeholders will feature Bob Russo, general manager, PCI Security Standards Council; Troy Leach, Chief Technology officer, PCI Security Standards Council; Detective Sergeant Ritchie Sim, senior investigator, New ...
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Matrox Mura MPX to Power New HDCP Video Wall Controller from Trenton
San Francisco Chronicle (press release)
Trenton TVC4502 bundled video wall controller arms Pro AV and IT channels with HDCP capture, scaling, and switching capabilities Montreal, Canada (PRWEB) June 07, 2012 Matrox Graphics Inc.today announced that its four-input/four-output Mura MPX board ...
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Stimulus hopes lift sentiment in global markets
Palm Beach Post
Asian stock markets rose modestly Tuesday as a respite from major bad news gave investors the pluck to get back into riskier assets. (AP Photo) latest money news » From The Post and AP By CARLO PIOVANO The Associated Press LONDON — Global markets rose ...
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Palm Beach Post
Santa Barbara Wines: Big in Beijing
Santa Barbara Independent
Today, though, there are luxury shops everywhere, Ferraris and Lamborghinis cruising the streets, Gucci bags in hands, Rolex watches on wrists. “Brands that you only see in LA and New York, they have in the smaller cities,” said the 40-year-old.
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Santa Barbara Independent
Asia Packaging Signs Letter of Intent to Acquire Yuanxing Packaging
SYS-CON Media (press release)
By Bruce Armstrong Did you read today's front page stories & breaking news? Is Your Business 100% Ready for the New Era of Cloud Computing and Big Data? Come to New York and get yourself up to date with the Big Data revolution! As advanced data storage ...
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Asia today: A confused Asia holds the EUR at higher levels
FXstreet.com
EURUSD initially pushed higher following a weekend WSJ headline that Germany would eventually be willing to give some ground on the latest crisis plan with the pair pushing up to just above 1.2440. However, the details of the article suggested that ...
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Transit of Venus Begins! Venus Crosses the Sun for Last Time this Century
Space.com
by SPACE.com Staff NEW YORK — It's finally here! The historic transit of Venus, the skywatching event of the year, has begun. The planet Venus has started its nearly seven-hour trek across the face of the sun. Today is the last time Earthlings will ...
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Australian Stock Market Report – Afternoon 6/8/2012
International Business Times AU
In Asia today, a report showed that the Japanese economy grew at a slightly faster than expected 1.2 pct last quarter. Tomorrow will be the biggest day of the month for economic news in China. The main reports to keep an eye on will be inflation, ...
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International Business Times AU
Six Observations to Start the Week
Business Insider
The dollar is largely trading within the ranges seen last Friday, with the holiday in the UK (today and tomorrow) sapping some liquidity. Asian equity markets are broadly lower, with the MSCI Asia Pacific Index off 2.25%. Europe bourses are mostly ...
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Bonds fall as ECB, Bernanke awaited
Reuters
Market players also awaited Fed chief Bernanke's testimony before Congress on Thursday, for thelatest signals on whether the central bank is going to extend its bond purchases. "Today the focus is on (European Central Bank President Mario) Draghi, ...
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Asia Must Spur Greater Technology, Finance for Clean Energy - ADB Forum
Journal of Turkish Weekly
Asian Development Bank (ADB) President Haruhiko Kuroda today opened the 7th Asia Clean Energy Forum (ACEF) which is gathering high-level experts and investors to exchange experiences and forge new partnerships to advance clean energy development in the ...
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FTSE tipped to open around forty points higher this morning
Stock Market Wire
StockMarketWire.com - PRE-OPEN REPORT: Headline shares are tipped to open around forty points higher this morning, according to financial websites, taking a lead from strong US gains lastnight and firm progress in Asia today. In the US last night, ...
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ICCA Exclusive Support Spotlights Australian Growth at Cruise Shipping Asia ...
MarketWatch (press release)
NEW YORK, June 4, 2012 /PRNewswire via COMTEX/ -- Cruise Shipping Asia-Pacific - a conference and trade show focusing on the emerging Asian-Pacific cruise industry - announcedtoday the International Cruise Council Australasia (ICCA) will give its ...
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Quickcomm Bolsters Team in Asia Pacific
MarketWatch (press release)
NEW YORK, Jun 04, 2012 (BUSINESS WIRE) -- Quickcomm, a global leader in Telecommunications Management, today announced key appointments and an expanded team in Asia Pacific (APAC) to support the growing demand for telecommunications management in the ...
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Pacnet Expands Cloud Computing Solution to Thailand
SYS-CON Media (press release)
BANGKOK, THAILAND -- (Marketwire) -- 06/06/12 -- Pacnet, Asia's leading communications provider, today announced the availability of Pacnet Virtual Private Server (VPS), its Infrastructure-as-a-Service (IaaS) solution, in Thailand. "As today's ...
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'The End Is Not Near, It Is Here and Now' – Gold Legend Jim Sinclair
Business Insider
Gold fell $28 or 1.73% yesterday in New York and closed at $1591.60/oz. Gold traded sideways prior to another 1% fall in Asia but has recovered somewhat in early European trading and has made gains in euros and Swiss francs particularly.
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Samsung Electronics Names Component Business Head as CEO
Bloomberg
(005930), Asia's largest electronics maker, named Kwon Oh Hyun, head of the company's display and chip business, as chief executive officer after his division led the company out of an industry downturn. Kwon, who was promoted to vice chairman in ...
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Update on the latest business
NECN
Seven stocks rose for every one that fell on the New York Stock Exchange. Trading volume was slightly higher than average at 4.1 billion shares. BANGKOK (AP) — Asian stock markets rose Thursday, boosted by hopes that Europe is preparing to take action ...
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Iran prepares for Moscow
Asia Times Online
Two days of talks between the world powers and Iran in Baghdad late last month produced few tangible results, save an agreement to continue for another round set in Moscow, due to start on June 17. On Monday, International Atomic Energy Agency Director ...
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Pak U-19 team named for ACC U-19 Asia Cup 2012 - Pakistan Today
By anjum
News Comments (1917920http%3A%2F%2Fwww.pakistantoday.com.pk%2F2012%2F06%2F07%2Fnews%2Fsports%2Fpak-u-19-team-named-for-acc-u-19-asia-cup-2012%2FPak+U-19+team+named+for+ACC+U-19+Asia+Cup+2012+ ...
Pakistan Today | Latest news...
SYRIA - UN Damascus and rebels trade accusations ... - AsiaNews.it
Damascus and rebels trade accusations over latest massacre in Qubair ... Today the UN Security Council meets. ... Damascus (AsiaNews) - Opposition forces accuse pro-government forces of having killed 86 people, including many women ...
www.asianews.it/.../Damascus-and-rebels-trade-accusations-ov...
Malaysia to host 2013 Asia Cup hockey | Pakistan Today | Latest ...
LAHORE - The Asian Hockey Federation's council allotted Malaysia the 2013 Asia Cup hockey, the tournament that will offer qualification berth for the 2014 ...
www.pakistantoday.com.pk/.../malaysia-to-host-2013-asia-cup...
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