2012/01/13 12:00 - Asian Activities Report for January 13, 2012 includes: TOTO (TYO:5332) says that the construction of its Indian factory in Gujarat will commence in March 2012; Shenzhen Overseas Chinese Town Holding (SHE:000069) has extended the expiration date of the Memorandum of Understanding signed in September 2011 with Universal Studios Japan; Guangdong Orient Zirconic (SHE:002167) says that the Company achieved significant revenue growth in the first three quarters in 2011, due to rising Zircon prices worldwide; Ube Industries, Ltd. (TYO:4208) has established a local subsidiary in Taiwan in December 2011 to engage in the marketing and sales development in the Taiwanese market.
2011/12/21 12:41 - Asian Activities Report for December 21, 2011 includes: Shandong Zhongrun Investment Holding Group Co. Ltd (SHE:000506) says today that its wholly-owned subsidiary Zhongrun International Mining Co. Ltd has signed a private placement agreement with Canadian Zinc Corporation (TSE:CZN); Toray Industries, Inc. (TYO:3402) has developed four new home water purifier products specifically for the Chinese market; Hitachi Chemical Co., Ltd. (TYO:4217) has decided to form a new company, named Hitachi Chemical Electronic Materials (Taiwan) Co., Ltd. in Taiwan; NTT Data (TYO:9613) has signed an agreement with Korean IT giant LG CNS regarding data centre cooperation.
2011/12/15 11:00 - Asian Activities Report for December 15, 2011 includes: DeNA Co., Ltd. (TYO:2432) has agreed to form a strategic alliance with Alibaba Cloud Computing to provide DeNA's Mobage social gaming platform to consumers and developers in China; Marubeni Corporation (TYO:8002) has agreed to acquire a 40% equity interest in APT Allgas Energy Pty Ltd; Japan Airlines and WestJet Airlines (TSE:WJA), a low-cost airline in Canada have signed a codeshare agreement which will place the "JL" flight indicator on WestJet-operated flights between Vancouver And six Canadian cities - Calgary, Edmonton, Kelowna, Montreal, Toronto and Winnipeg, from December 15, 2011; Sumitomo Chemical Co., Ltd. (TYO:4005) and Nabaltec AG (ETR:NTG) of Germany have been in discussions about collaborating on their Alumina and Aluminum Trihydroxide businesses.
2011/12/07 11:27 - Asian Activities Report for December 7, 2011 includes: Great Wall Motors (HKG:2333) has received EU Whole Vehicle Type Approval for its Voleex C30 and Voleex C20R; Chevalier International Holdings Limited (HKG:0025) has entered into a letter of intent in relation to possible acquisitions of certain hot spring hotels in Japan; Daiichi Sankyo Co., Ltd (TYO:4568) advises that its subsidiary Ranbaxy Laboratories Ltd. (BOM:500359), India's largest pharmaceutical company, has received final approval from the U.S. Food and Drug Administration to manufacture and market Atorvastatin, a cholesterol-reducing medicine, in the US market.
2011/09/13 12:00 - Asian Activities Report for September 13, 2011 includes: Ark Mines Limited (ASX:AHK) has signed an agreement to acquire ownership and control of the Masuparia Contract of Work tenement in Indonesia; PepinNini Minerals Limited (ASX:PNN) today updated on the extensive drilling program at its Robinson Range Iron Ore Project in Western Australia; Forge Resources Limited (ASX:FRG) has signed an option agreement to acquire a 100% interest in the West Eucla Mineral Sand Project; Cabral Resources Limited (ASX:CBS) has applied four new iron ore tenements in Brazil; Tata Chemicals Limited (BOM:500770) said today that Gabon Fertiliser Company and Technip (EPA:TEC) have signed a Pre Construction Services Agreement for the proposed urea fertiliser plant in Gabon.
2011/08/25 12:03 - Asian Activities Report for August 25, 2011 includes: Roc Oil Company Limited (ASX:ROC) today releases its Half Year Financial Report for the period ended 30 June 2011; IMX Resources Limited (ASX:IXR) has received the analytical results for the Snaefell iron ore prospect in South Australia; Radar Iron Limited (ASX:RAD) has received further highly encouraging drill results from the Die Hardy Range iron ore project in Western Australia; Automotive Technology Group Limited (ASX:ATJ) announced an exclusive aftermarket distribution agreement with Bullet Performance Products Pty Ltd; Tata Chemicals Limited (BOM:500770) is to acquire shares in EPM Mining Ventures Inc. (CVE:EPK).
2010/06/30 09:30 - The Australian shares Tuesday posted losses for the sixth consecutive day as Asian markets were widely lower. Chinese market dropped more than 4 per cent due to a massive sell-off after the Agricultural Bank of China offered a lower-than-expected price in its Shanghai tranche IPO. Investors feared that this could be a signal of slow-down in fresh investment into Chinese equities.
2010/06/29 16:13 - Campbell Brothers (ASX:CPB) expects underlying net profit after tax for the half year ending 30th September 2010 will be within the range of A$63 million to A$68 million as it sees continued strong demand for its mineral, environmental and coal analytical services.
2010/06/17 13:30 - The Australian stocks market was slightly lower in early trade, while Wall Street delivered a flat lead overnight. Yesterday the local market posted a strong gain of 1.2 per cent, led by materials and energy stocks.
2010/06/11 14:20 - After the success last year of SIPPE 2009, Shanghai Aiexpo Exhibition Service Co., Ltd are pleased to announce the SIPPE 2010 Shanghai 5th International Petroleum Petrochemical Natural Gas Technology Equipment Exhibition.
2010/05/26 13:30 - The Australian share market strongly rebounded in early trade today, despite a flat lead from Wall Street. The benchmark S&P/ASX200 index was up about 2.2 per cent shortly after the market opened.
2010/05/10 13:30 - The Australian market was stronger this morning after European Union finance ministers agreed to create emergency measures totalling more than 500 billion euro to help eurozone countries facing financing trouble. The fund involves 440 billion euro from eurozone governments and another 60 billion euro of loan funds coming from the European Commission.
2010/05/03 13:30 - Slump in Australian mining shares dragged the local market lower this morning over worries that a newly unveiled tax on the resources industry could hurt the miners' profits. The drop in local market was also led by the negative lead from US market. Asian stocks also delivered a weak start on Monday. China's central bank on Sunday raised banks' reserve requirement ratio by 50 basis points to further control the property prices. Chinese markets are closed today for Labour Day holiday.
2010/04/12 11:40 - Australian agricultural chemicals firm Nufarm Ltd (ASX:NUF) says it has been notified by Japan's Sumitomo Chemical Company Ltd (TYO:4005) that its offer for 20 per cent of Nufarm is now unconditional. The tender offer for Nufarm shares from Sumitomo Chemical has received acceptances totalling 81.45 per cent of all Nufarm share.
2010/03/02 13:30 - Asian markets are expected to rise today as Wall Street rallied overnight on improved data of manufacturing employment in the US and a takeover of American International Group's Asian arm by British insurer Prudential. Resources shares in Asia were up on Monday as the massive earthquake in Chile raised concerns on copper supplies. Asian markets closed mostly higher yesterday. Japan's Nikkei rose 0.5 per cent, lifted by a rise in non-ferrous metal shares. Hong Kong's Hang Seng Index gained 2.2 per cent and China's Shanghai Composite added 1.2 per cent on expectations Beijing may retain an appropriately loose monetary policy at the upcoming meeting of the National People's Congress.
2010/02/25 13:30 - Asian markets mostly dropped on Wednesday. Resources shares across the region were hit by falling metals prices. Japan's Nikkei 225 fell 1.5 per cent, South Korea's Kospi shed 1.0 per cent and Hong Kong's Hang Seng Index lost 0.8 per cent. The markets also weighed down by U.S. consumer confidence and German business sentiment. But China's Shanghai Composite rebounded 1.3 per cent as monetary tightening worries eased.
2010/02/23 13:30 - Most Asian markets rallied with resources shares significantly higher on Monday. Japan's Nikkei jumped 2.7 per cent while exporters were encouraged by stronger US dollar against yen. Hong Kong's Hang Seng Index gained 2.4 per cent. The Shanghai bourse reopened for the first day after the Lunar New Year holiday, Shanghai Composite dropped 0.5 per cent as the market was still impacted by the People's Bank of China's credit-tightening measures unveiled before the long holiday.
2010/02/10 13:30 - Asian shares are expected to remain rising after a rebound in most markets yesterday. On Tuesday China's Shanghai Composite rose 0.5%, Taiwan's Taiex surged 2% and South Korea's Kospi added 1.1%. Hong Kong's Hang Seng Index gained 1.2% spurred by Swiss banking major UBS's return to profit.
2010/02/05 13:30 - Asian markets received a bad lead from the US and European stocks while financial, commodity and materials sectors were all hit hard. Most Asian stock markets ended down Thursday ahead of the U.S. jobs report. Japan's Nikkei fell on the deepening fears over Toyota Motor's vehicle recall. China's Shanghai Composite slipped 0.3%, Hong Kong's Hang Seng Index gave up 1.8%.
2010/01/20 13:30 - Wall Street rebounded on Tuesday to close at new 15-month highs. Health care sector rallied as investors bet that the outcome of a Senate race in Massachusetts might make it harder for President Barack Obama's health-insurance reforms.
2010/01/12 13:30 - Wall Street rose overnight as investors were expecting improvements in fourth-quarter earnings results. US industrial shares lifted the Dow and the S&P 500 to new 15-month highs after the upbeat Chinese economic data. The US dollar dropped 0.5 percent against a basket of currencies.
2010/01/04 13:30 - Asian shares delivered a positive opening this morning. The Asian bourses were higher in thin trade on the last day of 2009 as commodity prices rose and China pledged to maintain policies that helped pull the world economy out of recession. For the year, Hong Kong's Hang Seng Index added 52%, Australia's S&P/ASX 200 Index gained 31% in 2009 and Singapore was up 65 percent over the year. But Wall Street tumbled on the final trading day in 2009. Dow index remains down 26 per cent from its 2007 highs.
2009/12/23 09:30 - The Australian share market posted a strong gain boosted by banks and miners on Tuesday after good lead from European markets and Wall Street. At the close, the benchmark S&P/ASX200 index was up 69.1 points, or 1.49 per cent, at 4704.2 points, while the broader All Ordinaries index surged 64.9 points, or 1.39 per cent, to 4724.4.
2009/12/04 13:00 - US shares fell on Thursday as the services sector index declined unexpectedly in November. The contraction also hurt sentiment ahead of the release of unemployment figure.
2009/12/02 13:00 - US stocks Wednesday climbed to near the peak of the year after Dubai's debt restructuring plan. The market was also supported by the optimism about the upcoming holiday shopping season while retailers Staples and Guess saw positive earnings in third quarter and provided guidance above market expectations.
2009/11/25 17:13 - Asian markets were mixed on Wednesday with a flat lead from Wall Street. Tokyo stocks rebounded on upbeat trade figures and bargain hunting after the market opened lower in the morning. Hong Kong and Seoul share declined as investors the U.S. economy did not grow as quickly as previously forecast in the latest quarter.
2009/11/19 16:45 - Asian markets mostly edged higher on Thursday in the morning. Japan's Nikkei Stock Average fell below 9600 points level for the first time in about four months. Nikkei eased its early gains after a real estate company Tokyo Tatemono said it will issue new shares to raise up to 45.64 billion yen. The Korean market was up on Thursday led by gains in key technology companies.
2009/11/16 13:00 - On Friday, the US stocks were boosted by the encouraging earnings from major retailers and The Walt Disney Co. A record number of U.S. companies beat earnings expectations in the third quarter. This week a new round of economic data including retail sales, inflation readings and housing starts will be the focus after most corporate results already reported.
2009/11/12 12:00 - Asian stocks markets were mostly higher on Wednesday. The Japanese market was buoyed by the positive machinery orders data, and the U.S. dollar dropped sharply against the yen after the data. World Bank President Robert Zoellick said on a conference in Singapore today that the US dollar's role as a reserve currency is intact, but the Chinese yuan could provide an alternative in the next 10-15 years.
2009/11/09 13:00 - Wall Street posted a small gain on Friday despite the Labour Department report showed the US unemployment rate broke above 10 per cent in October, up from 9.8 per cent in September. But the number of jobs lost narrowed to the lowest level in more than a year.
2009/10/02 13:00 - Overnight the Dow index and S&P's 500 index posted their biggest falls in three months as the worse-than-expected manufacturing activity data in September and new jobless claims led to a broad sell-off. These figures overshadowed improvements in pending home sales, personal spending and construction spending, and dampened investors confidence on the economy recovery.
2009/10/01 13:00 - Overnight the US stocks slid over disappointing data in regional economy, as well as worries on the crucial data ahead including personal income, consumer spending, weekly jobless claims, manufacturing and home sales.
2009/09/28 13:00 - The US market fell into mood swings and closed in the red last week. On Friday, the disappointing sales by BlackBerry maker Research In Motion dragged the technology companies lower. For the week, the Dow index lost 155 points, or 1.58 per cent. This week the market will be tested by crucial data including September non-farm payrolls, final second-quarter gross domestic product and several other big economic reports.
2009/09/03 11:28 - Wall Street overnight extended its losses after a disappointing non-farm payrolls report in August, which raised concerns over the coming key reports on employment this week. US private sector slashed 298,000 jobs in August, a faster rate than economists' forecast.
2009/08/13 16:30 - LANXESS AG (ETR:LXSG)(PINK:LNXSF) significantly increased earnings in the second quarter in comparison to the weak first quarter of 2009 despite the ongoing difficult economic conditions worldwide. The specialty chemicals company posted EBITDA pre exceptionals of EUR 112 million, in line with its published guidance of EUR 100-120 million. The operating earnings figure was down 50 percent year-on-year but rose 70 percent from the first quarter of 2009 due to substantial volume increases, notably in Asia, as well as savings yielded by the "Challenge09" package of measures.
2009/08/07 15:18 - Japan's Mitsubishi Rayon (TYO:3404) plans to set up a joint venture in Saudi Arabia with major local chemical producer Saudi Basic Industries Corp (Sabic) to produce material used for acrylic glass, a Japanese media reported. The factory is expected to begin operations in 2013.
2009/07/27 13:00 - US stocks rose on Friday after Federal Reserve Chairman Ben Bernanke said the central bank is winding down its emergency lending programs established to end the financial crisis.
2009/07/24 13:00 - Wall Street posted a strong gain overnight with Dow index jumped above 9000 points mark for the first time since January. The market was bolstered by upbeat housing data and favourable corporate earnings.
2009/07/08 13:53 - The German chemical giant BASF (ETR:BAS)(OTC:BASFY) and its joint venture partner China Petrochemical Corporation (Sinopec) are to invest US$1.4 billion to expand their key Chinese chemical production facilities in the eastern Chinese town of Nanjing, Jiangsu Province. Chemicals produced in Nanjing by the partners are targeted towards the building, pharmacy and automotive industries and the expansion of their facilities should be fully operational in 2011.
2009/07/03 09:35 - Yip's Chemical Holdings Limited (HKG:0408)(PINK:YIPCF)("Yip's Chemical" or the "Group"), one of the largest manufacturers of petrochemical products in China, announced its 2008/09 annual results for the year ended 31 March 2009.