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ChinaNationalNews.com Friday 3rd September 2010 Edition 3506/8
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The Deal: Australia Gets Money, China Gets Australia
Every third Wednesday, Michael Box gets up at 3:30 in the morning to catch a flight out of Perth. Isolated in the south-west of Australia, Perth (pop. 1.6 million) is 1,700 miles from the next large...
Australian Lawmaker to Decide on Government
Sept. 3 (Bloomberg) -- Independent lawmaker Tony Windsor said he would return to his electorate at the weekend to decide who should form the next Australian government and will announce a decision...
Indian Billionaire May Sell Control of Videocon
Sept. 3 (Bloomberg) -- Billionaire Venugopal Dhoot’s Videocon group may sell a controlling stake in its wireless unit to an overseas partner to help fund expansion of the...
Maybank Launches Dedicated Islamic Banking Hub In Singapore
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->SINGAPORE, Sept 3 (Bernama) -- Maybank Singapore on Friday launched a dedicated Islamic banking hub...
Shares end easier on profit-taking
KUALA LUMPUR: Share prices on Bursa Malaysia ended easier on Friday, Sept 3, as investors locked in profits in key heavyweights, particularly finance counters, after the recent sharp gains, dealers...
Singapore Airlines gets new chief executive
Singapore Airlines Ltd on Friday named Goh Choon Phong, executive vice president for marketing and the regions as well as chairman of its subsidiary Silk Air, as its new chief executive.Goh, 47,...
Nikkei Stock Average closed at 9,114.13 points, up 51.29 points on Friday
TOKYO - The Nikkei Stock Average of 225 issues closed at 9,114.13 on the Tokyo Stock Exchange Friday, up 51.29 points or 0.57 per...
Third Pakistan Sectarian Attack in Week Kills 35, Injures 100
Sept. 3 (Bloomberg) -- A bomb killed at least 35 people at a rally of Shiite Muslims in the western Pakistani city of Quetta, the third attack in as many days on minority...
Samsung, Toshiba ‘Me-Too’ Tablets Seek to Battle IPad
Sept. 3 (Bloomberg) -- Samsung Electronics Co. and Toshiba Corp. unveiled tablet computers in Berlin yesterday, aiming to take market share from Apple Inc.’s iPad with their lower-priced...
Singapore Airlines Names Goh as CEO, Replacing Chew
Sept. 3 (Bloomberg) -- Singapore Airlines Ltd., the world’s second-largest carrier by market value, named Goh Choon Phong as chief executive officer, replacing Chew Choon Seng, who retires at...
Toyota's Auris: another horrible hybrid?
By Charleen Clarke Men and hybrids just don't mix. Much like men and walk-in cupboards, pedicures or fidelity (ask Tiger). As such, my two (male) colleagues aren't exactly jumping for joy. The reason...
Goh Choon Phong next CEO of Singapore Airlines
SINGAPORE: Singapore Airlines, the world's second most valuable carrier, said on Friday that Executive Vice President Goh Choon Phong will succeed Chew Choon Seng as CEO when Chew retires at the...
ECER To Woo Investors From China
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- The East Coast Economic Region Development Council (ECERDC) will...
RAM Reaffirms Enhanced 'AA1' Rating Of SPG's RM215 Million Sukuk
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- RAM Rating Services Bhd has reaffirmed the enhanced 'AA1(s)' rating...
Penang Halal Hub Signs MoU With Sindh Board Of Investment
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- The Penang International Halal Hub has signed a memorandum of...
No Reports That Local Investors In Sulawesi Affected By Bendera's Actions
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->GURUN, Sept 3 (Bernama) -- There are no reports indicating Malaysian investors in Sulawesi,...
Half-Day Trading At Bursa Malaysia If Hari Raya Falls On Sept 10
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia said Friday all its offices will be closed on Sept 9...
Muhibbah Outlook Bright With Collection Of Receivables
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama) -- The outlook for Muhibbah Engineering (M) Bhd is bright if it could...
Sensex sheds 17 pts as foreign funds play spoilsport
Sensex fell by 17 points today amid concerns over a rise in food inflation and selling by cautious foreign investors ahead of the release of August employment data for the US market. The 30-share...
Shangri-La to open 30 more hotels in China in next 3 years
Hong Kang-based Shangri-La Hotels and Resorts plans to open another 30 hotels in China in the coming three years, especially in third-tier cities, doubling the quantity it owns in the country,...
EON Cap: Judge to deliver decision on certain applications on Monday
] said the High Court judge has fixed Monday, Sept 6, for the delivery of his decision on certain interlocutory applications filed by the parties to a petition. “The learned judge has also fixed...
Naza’s TTDI Metropolis, Jetson terminate shareholders’ agreement for Matrade project
] to build a new trade exhibition centre for the Malaysia External Trade Development Corporation (Matrade) on a joint-venture basis. Jetson said on Friday, Sept 3 the termination arose from...
AZRB files suit against Saudi’s Alfaisal University for liquidating RM43.94m bonds
] (AZRB) has initiated legal actions against Saudi Arabia’s Alfaisal University over the latter’s decision to liquidate the performance and advance bonds totalling 52.56 million riyals (RM43.94...
Mudajaya surges to near 4-week high
KUALA LUMPUR: Shares of Mudajaya Corp  Bhd, which recently came under scrutiny over its Indian independent power project, saw the share price rally to a near four-week high of RM4.48 in late trade...
Thai Airways to issue 1 billion new shares
shares to raise an estimated 484 million dollars for plane purchases and other improvements.The public offering is to be made on September 16 and 17 at Bangkok Bank and Krung Thai Bank branches...
Singapore Airlines Names Goh as Chief Executive, Replacing Chew
Sept. 3 (Bloomberg) -- Singapore Airlines Ltd., the world’s second-largest carrier by market value, named Goh Choon Phong as chief executive officer, replacing Chew Choon Seng, who retires when...
Ping An Climbs on TPG Sale of Stake for $1.2 Billion
Sept. 3 (Bloomberg) -- Shares in Ping An Insurance (Group) Co. climbed after TPG Capital’s Asian unit sold the remainder of its stake in China’s second-biggest...
Indonesia Raises Bank Reserve Ratio After Inflation Accelerated
Sept. 3 (Bloomberg) -- Indonesia ordered banks to set aside more cash as reserves after inflation accelerated to a 16-month high in the world’s fourth most populous...
Toyota Starts Phase 2 of Philippine Sustainable Reforestation
Tokyo, Sept 3, 2010 - (JCN Newswire) - Toyota Motor Corporation (TMC) announces it held a signing ceremony here today to mark the start of Phase 2 of the Philippine Penablanca Sustainable...
HwangDBS Declares Income Distributions For Two Funds
HwangDBS Declares Income Distributions For Two Funds You are not an authorised user. Please contact us 03-20504478 immediately so we may assist...
AMDB Expects Continuous Growth In Property Division
AMDB Expects Continuous Growth In Property Division You are not an authorised user. Please contact us 03-20504478 immediately so we may assist...
HPI Purchases Industrial Land In Nilai
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 3 (Bernama)-- HPI Resources Bhd, Malaysia's leading corrugated packaging...
Freight Management Looking At Potential Acquisitions
Freight Management Looking At Potential Acquisitions You are not an authorised user. Please contact us 03-20504478 immediately so we may assist...
Bank Negara May Hold OPR At 2.75 Per Cent For End 2010 & 2011, Says Morgan Stanley
Bank Negara May Hold OPR At 2.75 Per Cent For End 2010 & 2011, Says Morgan Stanley You are not an authorised user. Please contact us 03-20504478 immediately so we may assist...
Toyota Motor: To Set Up Vehicle Leasing Company In Japan
The new company is aimed at making the domestic leasing business more effective, and will be named Toyota Fleet Leasing Co. It will begin leasing vehicles to corporate customers in...
PacificMas seeks govt nod for Pacific Insurance sale to Fairfax
] has sought the authorities’ approval to enter into a definitive shares sale agreement with Fairfax Asia Ltd to dispose of its stake in The Pacific Insurance Bhd. PacificMas said on Friday, Sept...
UK Aug services PMI falls to 16-month low
LONDON: British service sector activity grew last month at its slowest pace since April 2009, with a marked fall in hiring as employers worried about an economic slowdown and public spending cuts, a...
K-Star top loser, thin trade
KUALA LUMPUR: K-Star Sports Ltd top loser in late afternoon trade on Friday, Sept 3 on some light profit taking after recent run-up in tandem with other Chinese stocks. At 3.36pm, it is down 27 sen...
Ringgit at 13-year high; c.banks cap baht, won gains
SINGAPORE: The Malaysian ringgit hit a new 13-year peak on Friday, Sept 3 buoyed by the country's stronger-than-expected exports, while central banks in South Korean and Thailand intervened to cap...
Report: Police action at Shangri-La hotel in downtown Vancouver
VANCOUVER - Three people have been arrested at the Shangri-La hotel in Downtown Vancouver late Thursday evening, media reports said.Early reports from witnesses say police tactical units were seen at...
Asia Stocks Advance for a Third Day on U.S. Home, Retail Sales
Sept. 3 (Bloomberg) -- Asian stocks rose, led by technology companies, after U.S. reports showed an unexpected increase in pending home sales and improved retail...
Japan Said to View U.S. as Yen Intervention Obstacle
Sept. 3 (Bloomberg) -- Japan views probable U.S. opposition to currency intervention as an obstacle to selling the yen, according to three Japanese government...
Most China Stocks Advance; Automakers Gain, Developers Retreat
Sept. 3 (Bloomberg) -- Most China stocks rose as automakers gained on prospects sales will pick up, countering declines by developers on concern that the government will impose more measures to curb...
Aquino Takes Responsibility for Philippine Bus Siege
Sept. 3 (Bloomberg) -- Philippine President Benigno Aquino said today he takes full responsibility for the outcome of the bus siege that killed eight members of a Hong Kong tour...
Nikkei climbs 0.6%; caution before jobs data
Japan's Nikkei average rose 0.6 per cent on Friday for a third day of gains as more encouraging data reassured investors about the health of the global economic recovery and sparked short-covering. ...
Qantas facing payback of commissions
On Friday 3 September 2010, 16:29 EST Qantas Airways Ltd may be forced to pay back millions of dollars in commissions to travel agents after it failed in a bid to overturn a Federal Court...
Improved Public-Private Sector Synergies Important, Says Salang
Improved Public-Private Sector Synergies Important, Says Salang You are not an authorised user. Please contact us 03-20504478 immediately so we may assist...
Maybank Operations In Indonesia Not Affected By Demonstrations, Says Abdul Wahid
Maybank Operations In Indonesia Not Affected By Demonstrations, Says Abdul Wahid You are not an authorised user. Please contact us 03-20504478 immediately so we may assist...