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Nov 3, 2011

ASIA News, Nov 03, 2011


Russia TNK BP seeks Asia and S America investments
SteelGuru
MarketWatch reported that Russian oil and gas producer TNK-BP is seeking new investments in South America and Southeast Asia as part of an international diversification policy. Mr Alexander Dodds, executive vice president, upstream said in Rio de ...
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Arabian cyclones intensified by S. Asian pollution: study
AFP
PARIS — Airborne pollution from South Asia is helping to brew monster storms in the Arabian Sea that have claimed thousands of lives and cost billions of dollars, scientists said on Wednesday. In a paper published in the British journal Nature, ...
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AFP
S'pore-listed Parkson shares open at S$1.05, 12 pct above IPO price
Reuters
SINGAPORE Nov 3 (Reuters) - Shares of department store operator Parkson Retail AsiaLimited opened at S$1.05 in its Singapore debut on Thursday, 12 percent higher than the initial public offering price. At 0101 GMT, Parkson Retail Asia shares were ...
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Atlas Air 3Q Net Falls 17% On Softer Asia Demand; Cuts Year View
Wall Street Journal
Atlas Air Worldwide Holdings Inc.'s (AAWW) third-quarter earnings fell 17% as softer demand out of Asia hurt the air cargo carrier's commercial charter business. Atlas Air has seen surging energy prices weigh on its profits in recent quarters while a ...
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S'pore silver gen workers 'untapped' IT gems
ZDNet Asia
By Ellyne Phneah , ZDNet Asia on November 3, 2011 (8 hours ago) Country's ageing population as well as older workers' wealth of experience and better productivity makes them an asset, but companies should cater right environment for them to flourish, ...
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S'pore clean tech firms offered help to expedite design phase
ZDNet Asia
By Liau Yun Qing , ZDNet Asia on November 3, 2011 (3 hours ago) Autodesk offers substantial software discount in new initiative, targeted at Singapore's clean technology startups, which aims to help these companies more rapidly design prototypes, ...
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SRC aims to raise S$1m for South East Asia flood victims
Channel News Asia
By Vimita Mohandas | Posted: 03 November 2011 1928 hrs SINGAPORE : The Singapore Red Cross (SRC) has raised more than S$450000 for South East Asia flood victims. It aims to bring this figure to S$1 million by November 30 and has urged more to donate. ...
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Agile, Cosco, Sany Heavy, Singapore Airlines: Asia Stock Preview
BusinessWeek
Sembcorp Marine Ltd. (SMM SP): The world's biggest builder of oil rigs said third-quarter profit fell 25 percent from a year earlier to S$222.5 million ($174.69 million). The stock was unchanged at S$4.10. Sonata Software Ltd. (SSOF IN): An Indian ...
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Pentagon Awaits India's Interest in Lockheed Martin F-35 Jet
BusinessWeek
s F-35 Joint Strike Fighter, to gain more security cooperation in the face of regional competition from China. “Should India indicate interest in the JSF, the United States would be prepared to provide information on the JSF and its requirements,” ...
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Asia Stocks Decline as Europe Halts Greece Aid, Fed Cuts Outlook
BusinessWeek
Of the 216 companies on the Asian gauge that reported results since Oct. 11, 112 missed analysts' estimates, while 74 exceeded expectations, according to data compiled by Bloomberg. United Overseas Bank dropped 3 percent to S$16.20 in Singapore after a ...
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Peso, Rupiah Lead Decline in Asian Currencies on Greek Concern
BusinessWeek
Federal Reserve Chairman Ben S. Bernanke said the Fed may take further steps to boost US growth after the policy-setting Federal Open Market Committee met yesterday. “Players are reacting more to uncertainties surrounding the Greek referendum than ...
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5 tips for S'pore SMBs to generate social buzz
ZDNet Asia
By Jamie Yap , ZDNet Asia on November 3, 2011 (8 hours ago) Small and midsize firms already on social platforms to market themselves but lack sophisticated, substantive strategies to meet expectations of online users, insiders note. ...
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Pro-biz, green incentives give S'pore datacenter edge
ZDNet Asia
By Kevin Kwang , ZDNet Asia on November 3, 2011 (8 hours ago) Initiatives such as setting up dedicated datacenter park and encouraging green IT adoption to keep space and energy costs low can keep Singapore ahead of competition as key regional data ...
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US has no stomach for S. China Sea military clash
People's Daily Online
However, the US feels that this is not enough to disturb China's development, and now it's trying to stir up Southeast Asia to make trouble for China. From the South China Sea to the whole of Asia, the US expects no war and no peace between the ...
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People's Daily Online
Indian shares rebound to end 0.1 pct up; Athens dominates
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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Asian Oil Giants CNOOC And Pertamina Look Into Marathon's Angola Stake-Source
Fox Business
s (MRO) $800 million stake in an Angola block, a person familiar with the matter said Wednesday, the latest attempt by Asian giants to acquire African oil assets. China's CNOOC and Indonesia's Pertamina "have declared interest" for a 10% stake held by ...
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Tagore the 'prophet of Asia's revival'
Daily Pioneer
"At a time when it is fashionable to talk of a shift of power towards Asia, we might do well to remember Tagore as the prophet of Asia's revival," said S. Jaishankar, the Indian Ambassador to China. Addressing the conference jointly organised by India ...
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S'pore solar industry still fledgling
Channel News Asia
By Lynda Hong | Posted: 02 November 2011 2343 hrs SINGAPORE: China's third-largest maker of solar panels may have made Singapore its Asian Pacific headquarters, but observers said Singapore solar companies are still in their early stages to even ...
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DBS Q3 profit climbs 6%
TODAYonline
by Yvonne Chan SINGAPORE - DBS Group Holdings, South-east Asia's largest bank, reported yesterday a S$762-million net profit for the third quarter, an increase of 6 per cent from a year ago and 4 per cent from the previous quarter. ...
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Elizabeth Arden 1Q Profit Up 89% On International Sales
Wall Street Journal
Elizabeth Arden Inc.'s (RDEN) fiscal first-quarter earnings rose 89% on strong international sales, particularly in Asia. Results have improved of late for Elizabeth Arden, the maker of products like Prevage anti-aging cream and celebrity fragrance ...
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Euro, Asian Stocks Fall as European Leaders Withhold Greek Aid
San Francisco Chronicle
Shares rose after Federal Reserve Chairman Ben S. Bernanke said yesterday unemployment is still "far too high" and the Fed may take more steps to boost growth. Figures tomorrow may show non-farm payrolls increased 95000 in October, less than the 103000 ...
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Bank of China's Hong Kong Unit to Remain Sole Yuan-Clearing Bank
Wall Street Journal (blog)
By FIONA LAW Bank of China Ltd.'s Hong Kong unit will retain its coveted position as the city's sole yuan-clearing bank, a person familiar with the situation said Monday, ending hopes for other lenders seeking clearing status in a move that reflects ...
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Analysis: Struggle for energy supply pushes SE Asia to nuclear
Reuters
S Iswaran, Singapore's Second Minister of Trade and Industry, reaffirmed earlier this week that the nuclear option for the city-state was still on the cards. "The reaction of most governments has been fairly pragmatic and mostly rational," said Selena ...
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Reuters
Tiger Woods' first visit to S'pore
Channel News Asia
By Patwant Singh | Posted: 03 November 2011 1209 hrs SINGAPORE: It's Tiger Woods' first visit to the Lion City and the former world number 1 golfer said the city is like "nothing he has ever seen in Asia before". Looking relaxed, Woods joked with the ...
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Indian shares to open weak; SAIL watched
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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'Malaysia Spring' Approaches in Anwar's Election Vision
BusinessWeek
3 (Bloomberg) -- Malaysia's opposition leader, Anwar Ibrahim, said that in the nation's next election, his People's Alliance coalition will end five decades of rule by the National Front as a trend toward democracy strengthens across Southeast Asia. ...
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Asics sponsors S'pore's track-and-field athletes
AsiaOne
The Singapore Athletic Association's (SAA's) South-east Asia Games squad received a timely sponsorship boost yesterday, ahead of Nov 11-22's SEA Games in Palembang. Sports-apparel company Asics, whose products are distributed by Runner's World in ...
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AsiaOne
World entrepreneurs urged to work together
Channel News Asia
And it has consistently been ranked tops in the World Bank's annual Ease of Doing Business survey, and well-connected to the dynamic Asia-Pacific market with some 3 billion people, all within a seven-hour flight radius. Singapore also has a network of ...
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Nfld.'s Crosbie vows to be 'more boring' after Pakistani joke flops
Globe and Mail
He said it is simply the reality that many call-centres are located in southAsia, and that Pakistan is grappling with extremism. “No one can say there isn'ta problem with terrorism in Pakistan,” he said. “Anyone with intelligence can see it week after ...
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Globe and Mail
Taliban group commander, 3 others captured in S. Afghanistan ...
By XinhuaNET.COM
Taliban group commander, 3 others captured in S. Afghanistan: NATO Afghan and NATO-led International Security Assistance Force (ISAF) during joint operations.
Siam Daily News Online
Greek-South African Girl Dies After Satanic Ritual Attack | News from ...
By Stella Tsolakidou
The Greek community of South Africa is shocked after the horrible news of the death of the 18-year-old girl that had been attacked 2 weeks ago in Johannesburg. ... News from Greeks in Africa, Asia, and South America World.Greekreporter. ...
News from Greeks in Africa, Asia,...
Asia stocks fall on Greece, U.S. concerns; Nikkei closed By Forexpros
By Forexpros
Asia stocks fall on Greece, U.S. concerns; Nikkei closed.
Forex Pros RSS News Feed | Forex News
BBC News - Asia
Get the latest Asian news from BBC News in Asia: breaking news, features, analysis and special reports plus audio and video ... Military role in S Lanka cricket ...
www.bbc.co.uk/news/world/asia/
PHILIPPINES - ITALY Rome, a Mass for Fr Fausto ... - Asia News
Rome (AsiaNews) - A memorial mass for Fr Fausto Tentorio, the PIME ... will be celebrated in Rome Tuesday, October 25 at 7pm at the Church of S. Maria degli ...
www.asianews.it/.../Rome,-a-Mass-for-Fr-Fausto-Tentorio-at-S...
S. Korea and US to write defense plan on N ... - Asia News Network
South Korea'>Korea and the U.S. agreed to establish a joint operational plan to counter North Korea'>Korean provocations within this year and strengthen ...
www.asianewsnet.net/home/news.php?id=23259
Taliban group commander, 3 others captured in S. Afghanistan ...
Taliban group commander, 3 others captured in S. Afghanistan: NATO Afghan and NATO-led International Security Assistance Force (ISAF) during joint ...
www.siamdailynews.com/.../taliban-group-commander-3-othe...
Art review: New Galleries for the Art of the Arab Lands, Turkey ...
Instead of Islamic Art, the words above the entrance read Art of the Arab Lands, Turkey, Iran, Central Asia and Later South Asia. Curators say this rather ...
www.northjersey.com/.../132977718_Met_s_Islamic_art_mak...
Etisalat`s Group Asia News Etisalat Afghanistan to the nurture the ...
Etisalat Afghanistan, a 100% owned subsidiary of Etisalat Telecommunications, UAE and the official sponsor of National Afghanistan Cricket Team anno.
www.dubib.com/.../16729_etisalat-s-group-asia-news-etisalat-a...
US, South Korea to Increase Defense Posture Against North Korea
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...
Korea's Weakest Export Gain Since '09 Signals Risks for Asia
1 (Bloomberg) -- South Korea's exports increased at the slowest pace in two years last month, adding to signs that weaker global demand for Asian products ...
www.businessweek.com/.../korea-s-weakest-export-gain-since-...
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...
SRK's crazy Fans - October 26, 2011 - Daily News from India and ...
South Asian News(14:19). (Oct 27, 2011) South Asia News Line - covers the day'snews and events in India, Pakistan and the other nations of South Asia. ...
ww.smashits.com/srk-s-crazy-fans/snoop-news-26684.html
South-East Asia Military News - Military Industry Today
Latest military news for military industry professionals & analysts. Breaking aircraft, defense contract, military bases, weapons & Pentagon news.
military.einnews.com/region/south-east-asia
Half of spam now comes from Asia - ZDNet Asia News
Region accounts for most spam worldwide, with more Asian nations joining the " Dirty ...Breaking News: Pro-biz, green incentives give S'pore datacenter edge ...
www.zdnetasia.com/half-of-spam-now-comes-from-asia-6230...
Pricier hotel rooms in Spore amid crunch (The Straits Times ...
News for the Hospitality Executive ... By Ng Kai Ling, The Straits Times, Singapore /Asia News NetworkMcClatchy-Tribune Regional News ... Last year, tourists paid an average of S$212 a room -- which was S$20 more compared with 2009. ...
www.hotel-online.com/News/2011.../k.ANN.1319483886.htm...
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