2012/02/09 12:34 - Asian Activities Report for February 9, 2012 includes: Pacific Basin Shipping Limited (HKG:2343) has formed business alliance with US-based Crowley Maritime Corporation; Renesas Electronics Corporation (TYO:6723) has opened a wholly owned subsidiary in Sao Paolo, Brazil; Akebono Brake Industry Co., Ltd. (TYO:7238) has announced the establishment of a new manufacturing facility in Mexico; Nikon Corporation (TYO:7731) announces the release of the Nikon D800 FX-format digital SLR camera, which offers a noteworthy effective pixel count of 36.3-million pixels.
2012/01/19 12:00 - Asian Activities Report for January 19, 2012 includes: King Jim Co., Ltd. (TYO:7962) says that its latest scanner product "iScamil" can easily convert iPad/iPad 2 into a portable scanner and digitises documents directly onto iPads; Anton Oilfield Services Group (HKG:3337) today announces its strategic objectives for 2012; SouthGobi Resources Limited (TSE:SGQ) (HKG:1878) says that the Company has successfully completed its 2011 guidance for coal sales and production; Rhythm Watch Co., Ltd. (TYO:7769) has released a new alarm clock product with many features for emergencies and disaster prevention.
2012/01/17 12:17 - Asian Activities Report for January 17, 2012 includes: CMMB Vision (HKG:0471) has successfully developed and produced its first 6-MHz CMMB chips for CMMB signal reception designed for the existing US television channel spectrum bandwidth; Poly (Hong Kong) Investments Limited (HKG:0119) announced today that the Group's contracted sales in 2011 amounted to approximately RMB 15.8 billion and the contracted gross floor areas sold were around 2.15 million square metres; FamilyMart Co., Ltd. (TYO:8028) says that from January 17th, 200 convenience stores owned by FamilyMart will accept China UnionPay credit cards; NEC Corporation (TYO:6701) has signed a contract with SAP (NYSE:SAP) Japan to provide Cloud Computing service - Software as a Service (SaaS) to global users.
2012/01/12 13:00 - Asian Activities Report for January 12, 2012 includes: China's liquor maker Wuliangye (SHE:000858) says that the Group has topped the Chinese liquor industry by achieving a total revenue of RMB 20.2 billion in 2011; Logitech International (NASDAQ:LOGI) has unveiled Logitech HD Pro 920, the Company's first video webcam that makes video calls at full HD resolution; Toyo Engineering Corporation (TYO:6330) has won a contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system to be used in oilfield exploitation in Brazil; NEC Corporation (TYO:6701) has announced the successful experimental demonstration of 1.15-Tb/s ultra-long haul optical transmission over 10,000 kilometers using optical superchannel technology.
2012/01/11 13:00 - Asian Activities Report for January 11, 2012 includes: Weichai Power (HKG:2338) (SHE:000338) has agreed to invest 374 million euros to acquire a controlling 75% interest in the world's largest luxury yacht manufacturer, Ferretti Group of Italy; Prada S.p.A. (HKG:1913) says that it will invest 40 million euros to sponsor the Luna Rossa yacht to participate in the XXXIV edition of the America's Cup sailing competition; Inpex Corporation (TYO:1605) has signed agreements to sell liquefied natural gas from its Ichthys LNG joint venture project; Panasonic Corporation (TYO:6752) (NYSE:PC) has successfully developed a 20-inch 4K2K IPS Alpha LCD panel; Nidec Corporation (TYO:6594) (NYSE:NJ) has established a new subsidiary named Nidec Management Shanghai Corporation in Shanghai, China.
2011/12/19 12:04 - Asian Activities Report for December 19, 2011 includes: NTT Data Corporation (TYO:9613) is planning to commence a demonstration program in late January 2012 in Beijing, China; Hitachi (TYO:6501) and Founder Group (SHA:600601) have signed a cooperative agreement to provide SaaS cloud computing technology to the Chinese market; Electronics retailer Laox Co., Ltd. (TYO:8202), a subsidiary of Chinese home appliances retailer Suning (SHE:002024), will open its first store in China on 31 December 2011; China Internet Information Center (china.com.cn) and CMMB Vision Holdings Limited (HKG:0471) have signed an agreement to collaborate on multimedia services worldwide.
2011/12/13 12:00 - Asian Activities Report for December 13, 2011 includes: Minmetals Resources Limited (HKG:1208) announced its Mineral Resources and Ore Reserve Statement as at 30 June 2011 with a 103.9% increase in zinc Ore Reserves; Microsoft Corp. (NASDAQ:MSFT) and Nissan Motor Co. Ltd. (TYO:7201) will collaborate and create a next-generation dealer management system based on Microsoft Dynamics; Samsung Electronics (PINK:SSNLF) (SEO:005930) has announced the launch of the next evolution of GALAXY Tab - the GALAXY Tab 10.1 in Australia.
2011/05/04 15:37 - In April 2011, Singapore's Senior Minister (and former Prime Minister) Goh Chok Tong made an official visit to the Sino-Singapore Tianjin Eco-City and said that the progress of the project was "truly amazing" and it could be "a model that other cities in China can draw lessons from". Tianjin Eco-City will present at 10:00 am on Wednesday, June 15, 2011 at Global Green Building Conference at Renaissance Shanghai.
2011/02/26 08:41 - During Zero Race, Team Trev drove 28,000km across 16 countries in 80 days of driving. The team drove from Geneva to Shanghai, from Vancouver to Cancun, and from Casablanca back to Geneva.
2010/11/12 09:46 - The first ever Zero Emissions Race is rolling into Vancouver on November 12th - the first stop on the North American leg of this incredible international journey and the only Canadian stop on the tour. Started on August 16th, 2010 in Geneva, Switzerland, racers have, so far, covered 16,000 km. Participants have been driving 100% electric vehicles running on renewable energies up to 500km a day since the race began - with a goal of completing their around the world journey in just 80 days of driving.
2010/11/03 11:03 - Australian Market Report of November 3, 2010 includes: Medic Vision Limited (ASX:MVH) announced the launch of mOne advertising platform at Ad Tech New York; TZ Limited (ASX:TZL) is moving into the gaming industry; Dragon Mountain Gold Limited (ASX:DMG) updated on exploration program at Lixian gold project in China; Hansen Technologies Limited (ASX:HSN) announced the acquisition of US-based NirvanaSoft.
2010/10/05 13:47 - The two seat renewable energy vehicle (T.R.E.V.) Trev has arrived in Shanghai, and has therefore completed the first of the three major legs of Zero Race. The team has now driven about 16,000km on the journey since departing Geneva on August 16th.
2010/09/13 17:45 - The ZERO Race has travelled 28 days and 9500 km since its departure on August 16 in Geneva, Switzerland. This marks the completion of a third of the entire journey of an 80-day journey around the world with 100% electric vehicles. The aim of the race is to show that zero emission vehicles running on renewable energies are technologies for the future that are ready, and reliable already today. With shrinking resources and the impacts of global climate change, the ZERO Race strives to present the solutions for a better and greener future. Four participating teams from Australia, South Korea, Germany and Switzerland are taking part in the challenge during this inaugural event.
2010/07/28 13:40 - The ZERO Race is an 80-day race around the world with 100% electric cars running on 100% renewable energies, starting on 16 August in Geneva, Switzerland. The ZERO Race is a modern adventure, propelled by clean energies and trend-setting technology organised by Swiss solar pioneer Louis Palmer.
2010/07/26 16:34 - Shares in GUD Holdings Limited (ASX:GUD) closed 3.41 per cent higher as it said net profit after tax (NPAT) was up 33 per cent to a record A$46.4 million for the year ending 30 June 2010, up from A$34.8 million in the prior year. The strong result is attributed to a combination of margin expansion, continued tight cost control, a reduction in interest costs and modest sales growth.
2010/07/05 09:30 - A boost in resources stocks on Friday helped to break the eight-day losing streak in Australian stocks market. The local market finished marginally higher at the close, despite the proposed new minerals resources rent tax sparked a strong gain in early trade. This is largely due to Investors' refocuse on global economy issues.
2010/05/19 13:36 - The Australian shares continue to suffer a stock market downturn caused by debt crisis in Europe. Yesterday the Australian market closed nearly unchanged in a day of fluctuating trade. The benchmark S&P/ASX200 index Wednesday shed more than 1.5 per cent in early trade after Wall Street resumed its slide on a surprise move by Germany to restrict some financial transactions against banks.
2010/04/23 10:00 - South Korea's Hynix Semiconductor Inc. (SEO:000660), the world's No. 2 memory chipmaker, posted the highest first quarter earnings in its history with a 2.82 trillion won registered sales. The company posted a 799.1 billion won operating profit on a consolidated basis, compared to an operating loss of 514.6 billion won a year earlier, thanks to strong chip prices.
2010/04/22 10:30 - Swedish mobile network equipment maker Telefon AB LM Ericsson (NASDAQ:ERIC) has bought Nortel's controlling stake in LG-Nortel, a joint venture between Nortel Networks and LG Electronics Inc. (SEO:066570). Nortel will sell its 50 per cent plus one share stake in LG-Nortel to Ericsson for US$242 million in Cash subject to certain purchase price adjustments.
2010/04/13 12:32 - Shares of Sanyo Electric Co Ltd. (TYO:6764) rose today after a media report that the electronics maker's operating profit would likely jump 50 percent this financial year, helped by the distribution network of its parent company Panasonic Corp.(TYO:6752), which acquired a majority stake in Sanyo in December.
2010/04/06 13:30 - US stocks on Monday rose to a fresh 18-month high on improved economic data. The market was encouraged as the Labor Department Friday released nonfarm payrolls report which showed a biggest job increase in three years. In addition, better-than-expected figures in service and real estate sectors also helped to support the US shares. Asian markets mostly opened higher on Tuesday. Resources shares today could be stronger after oil and metals prices rose. Asian stocks closed higher on Monday with Japan's Nikkei 225 ended at a new 18-month high for the third straight session. Regional volume was light, as markets in Australia, New Zealand, China, Hong Kong and Taiwan were shut for holidays. Most of these markets resume trading today, but Hong Kong bourse remains closing for Ching Ming Festival.
2010/04/01 13:30 - Wall Street overnight fell on the unexpected drop of the private sector employment data, which raised investors' concern over the key nonfarm payroll figures to be released on Friday. Asian markets were mostly lower Wednesday. Japan's Nikkei index closed slightly lower with a 0.1 per cent fall on the last day of the current fiscal year for most Japanese companies. China's Shanghai Composite and Hong Kong's Hang Seng Index both lost 0.6 per cent. Today China is due to release PMI figures for the manufacturing sector.
2010/03/29 13:30 - Friday Wall Street ended flat, giving up its early gains after the news about the sinking of a South Korean naval ship raised fears of tension between North and South Korea. Today Asian markets could be helped by the euro-zone bailout for Greece and the news that South Korea has ruled out North Korea involvement in the navy vessel sinking. Friday Asian markets rallied with Japan's Nikkei hit its 18 months closing high. The Nikkei climbed 1.6 per cent due to relief over sovereign-debt problems in Greece. Both Hong Kong's Hang Seng Index and China's Shanghai Composite added 1.3 per cent.
2010/03/23 13:30 - Overnight the Wall Street was stronger after the bill overhauling the US healthcare system was passed. Asian stock markets were mostly lower on Monday as Reserve Bank of India unexpectedly increased the official interest rate by 25 basis points. The Indian central bank's move has raised fears of an earlier-than-expected rate hike in China. Hong Kong's Hang Seng Index fell 2.05 per cent and South Korea's Kospi was down 0.8 per cent. But Shanghai composite edged 0.2 per cent higher. Japanese markets, which were closed for public holiday yesterday, resume trading on Tuesday.
2010/03/17 13:30 - Asian markets are set to deliver a positive start on Wednesday. US stocks rose to a fresh 17-month high overnight as the US Federal Reserve acknowledged the U.S. economy was gaining momentum and reiterated that the central bank will keep interest rates low for an extended period. Yesterday Asian shares closed mixed ahead of Federal Reserve and Bank of Japan's policy meetings. Japan's Nikkei 225 fell 0.3 per cent after three-day gains; however, China's Shanghai Composite rebounded from falls in previous two sessions. Hong Kong market shed 0.3 per cent as coal mining shares were hurt by China Shenhua's disappointing earnings.
2010/03/12 13:30 - Banking shares continued to push the US market higher overnight, despite resources and industrial sectors were hurt by worries that China may tighten its policy to cool the overheating economy after the country's latest inflation data. Consumer price index for February in China rose a faster-than-expected 2.7% in February from a year earlier. Thursday Asian markets closed mixed. Several major markets dropped after Chinese economic data. Japan's Nikkei index was up 1 per cent and Hong Kong's Hang Seng Index inched up 0.1%. Taiwan's Taiex lost 0.4 per cent and South Korea's Kospi shed 0.3 per cent. China's Shanghai Composited gave up most of its early gains and closed with a 0.1 per cent gain.
2010/03/11 13:30 - Dow Jones Industrial Average was marginally higher overnight, supported by financial stocks. But material stocks were under pressure as commodities prices declined. Asian markets Wednesday closed mixed. Singapore market finished 0.8 per cent higher to their a seven-week high after a report showed that Singapore's economy was expected to grow 6.5 per cent in 2010. Japan's Nikkei 225 and Hong Kong's Hang Seng Index finished flat after moving between gains and losses during the session. South Korea's Kospi ended 0.1% higher. But China's Shanghai Composite snapped a three-day rise and fell 0.7 per cent ahead of the inflation data.
2010/03/08 13:30 - Today Asian stocks are set to rise after Wall Street rallied Friday, boosted by US upbeat jobs data. Asian markets broadly gained on Friday. Tokyo stocks advanced 2.2 per cent on expectations that the Japanese central bank may ease its monetary policy further. Shanghai and Hong Kong markets also powered higher on hope of China's moderately loose policies and an 8 per cent economic growth target this year. Shanghai Composite was up 0.25 per cent, and Hang Seng Index gained 1 per cent. South Korea's Kospi climbed 1 per cent.
2010/03/05 13:30 - Friday Asian stocks received a positive lead from Wall Street. US stocks overnight posted a slim gain, supported by better-than-expected retail sales data and analyst upgrades of a batch of blue-chip companies. Yesterday most Asian markets closed lower on renewed worries about China's policy tightening. Hong Kong's Hang Seng Index slid 1.4 per cent, while Shanghai Composite lost 2.4 per cent, with China's banking and property shares dropping sharply. Singapore market was also impacted by China's property bubble concerns, and Straits Times slid 0.5 per cent. Japan's Nikkei 225 was off 1.1 per cent as strong yen hurt exporters.
2010/03/04 13:30 - Asian stocks saw modest gains Wednesday on hope of a bailout package for Greece. Australian market was boosted yesterday as official data showed that Australia's economy grew 0.9 per cent in fourth quarter, its fastest quarter-to-quarter pace in almost two years. Japan's Nikkei index ended up 0.3 per cent. South Korea's Kospi Composite rose 0.5 per cent. Shanghai Composite climbed 0.8 per cent higher. But Hong Kong's Hang Seng Index closed 0.1 per cent lower. Today Asian markets are likely to open flat, after Wall Street declined slightly on Wednesday.
2010/02/26 13:30 - Most Asian markets ended lower yesterday on fears of a possible downgrade of Greek debt. Japan's Nikkei lost 1.0 per cent while a rising yen weighed on exporters. Taiwan market fell 1.4 per cent and South Korean's Kospi declined 1.6 per cent. But China's Shanghai Composite rose 1.3 per cent, as investors were expecting an annual parliament session in March may reaffirm China's relatively loose monetary policy.
2010/02/22 13:30 - Asian shares Monday are expected to be buoyed after Wall Street delivered its best week of the year. China's Shanghai bourse will open today after a long holiday for the Lunar New Year. The Hong Kong and Tokyo stocks lost more than 2 percent Friday on U.S. Federal Reserve's decision to raise its discount rate. The discount rate hike also sent commodities prices lower and hit resources shares in the region.
2010/02/16 13:30 - Asian shares declined in thin trade on Monday. Tokyo stocks fell on the pre-weekend fall on Wall Street and monetary tightening in China, despite a slightly better than expected gross domestic product figure in fourth quarter was released yesterday. Australian stocks Monday was also lower, weighed down by some disappointing earnings reports. There is no lead from Wall Street and major Asian markets including Shanghai, Hong Kong, Taiwan and Singapore are still in holiday break on Tuesday.
2010/02/09 09:30 - Australian sharemarket closed flat in thin trade on Monday ahead of the release of more earnings reports. But some investors started to return to the market after the massive drops the past four weeks. The benchmark S&P/ASX200 index climbed 7.3 points, or 0.2 per cent, to 4521.4, while the broader All Ordinaries index gained 6.3 points, or 0.1 per cent, to 4538.8.
2010/02/08 13:30 - Asian equity markets Friday experienced heavy losses after Wall Street's tumble and concerns over European sovereign debt. Japan's Nikkei index fell 2.9%. Hong Kong's Hang Seng Index lost 3.3%, its first finish below 20000 since September. South Korea's Kospi lost 3% to 1567.12, Taiwan's Taiex sank 4.3% and China's Shanghai Composite gave up 1.9%.
2010/01/28 13:30 - Wall Street stocks posted gains on Wednesday. The market pared early losses in late trade as Federal Reserve kept its stimulative monetary policy unchanged and said it would hold interest rate at "exceptionally low" level for an extended period to support the economic recovery.
2010/01/25 13:30 - US shares tumbled sharply for a third straight day on Friday as continued worries about the White House's plan to limit bank risk-taking. Google's disappointing earnings also hit the tech stocks. For the week, the Dow dropped 4.1 per cent, the S&P 500 lost 3.9 per cent and the Nasdaq tumbled 3.6 per cent.
2010/01/21 13:45 - Wall Street slumped sharply on Thursday after disappointing earnings reports and news of China's further tightening bank lending. The US dollar soared to one month high against a basket of currencies while investors shifted to haven.
2010/01/14 13:30 - US stocks overnight rose overnight as investors were looking for positive corporate results to fuel the rally after a disappointing start of the earnings season. A brokerage upgrade of drugmaker Merck & Co and an upbeat outlook from Kraft Foods Inc has helped to lift the healthcare and consumer sectors. Financial shares also climbed during a hearing over the financial crisis on Capitol Hill.
2010/01/13 13:30 - Overnight US shares was lower on the disappointing Alcoa fourth-quarter report and profit warning from Chevron and Electronic Arts. Financial sector also fell as investors feared that a potential government levy might hurt bank profits.
Advertising & Media