China National News
ChinaNationalNews.com Wednesday 8th February 2012 Edition 0604/10
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JAL says first Dreamliner delivery will be delayedJAL says first Dreamliner delivery will be delayed
TOKYO - Japan Airlines (JAL) said Tuesday that delivery of first Dreamliner aircraft originally expected by February end would be delayed as Boeing was removing a technical glitch in some of the...


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Wing Cracks Ground Qantas A380s
SYDNEY (AP) – Australia's Qantas Airways said Wednesday it was temporarily grounding one of its A380 superjumbos after discovering dozens of hairline cracks in its wings during a...
Bears in pain for bile
China's biggest bear bile company is being boycotted by conservationists as it positions itself to IPO recently.Guizhentang, also known as Greetown, a Fujian-based pharmaceutical company and one...
Toyota Seeks Low-Cost Hybrid Hit
Feb. 8 (Bloomberg) -- Toyota Motor Corp., the biggest seller of gasoline-electric autos, wants to spur U.S. demand for its hybrids with a smaller, cheaper version of the Prius, a goal that eluded...
Airbus A380 wing checks extended: Sources
Airbus A380 wing cracks to the entire superjumbo fleet, sources close to the matter told Reuters on Wednesday. The move to inspect all 68 A380s in service comes as Qantas Airways grounded one of its...
TCS, Mitsubishi to invest $5 million
The joint venture company -- Nippon TCS Solution Center Ltd -- will offer full service suite of IT, BPO and infrastructure services to Japanese...
I am losing sleep over rising subsidy bill: Pranab
subsidy bill which could exceed budget estimates by over Rs 1 lakh crore in 2011-12. "As finance minister when I think of enormity of the subsidies to be provided, I lose my sleep. There is no...
Sensex closes up 85 points
In choppy trade, the BSE benchmark index Sensex recovered by 85 points on funds buying in bluechips, mainly in Reliance Industries and Infosys, amid a firming trend in the global...
Mahindra Xylo gets a facelift
NEW DELHI: Launched in January 2009, Mahindra Xylo sold in great numbers despite its unsightly front and quirky styling overall. Three years after the Xylo was launched, Mahindra has given the MPV...
CIS violation: Sebi to give names of over 500 cos
Sebi has decided to share with the Ministry of Corporate Affairs the names of over 500 companies, which have garnered money from investors in violation of its Collective Investment Scheme (CIS)...
Gold buying stays weak, prices hit 2-month high
yellow metal , as prices touched a near two-month high. * At 3:26pm, the most-active gold for April delivery on the Multi Commodity Exchange (MCX) was trading 0.17 percent higher at 28,422 rupees per...
Toyota Announces Forecasts for 2012, Emphasizes Domestic Production
Takahiko Ichiji, executive director of Toyota Motor Corp, restated that the company will put its energy into technology development based in Japan at its results meeting Feb 7, 2012. ...
NTT Facilities Starts to Test Wind-powered Data Center
NTT Facilities Inc installed a container-type data center in Aomori Prefecture, Japan, and started a field test of it by using wind-generated power Jan 31, 2012. The data center was installed with...
Sony's Next President Announces Future Plans
Kazuo Hirai (left), who will be the president and CEO of Sony April 1, 2012, and Howard Stringer (right), the company's current president and...
Silver Ink Enables to Form Circuits Without Heat
Tanaka Kikinzoku Kogyo K.K. developed a conductive silver (Ag) ink that can be hardened only by applying ultraviolet light to it. It enables to form electronic circuits at room temperature without...
[CES] Windows 8 PC Operated With Eye Movements
Tobii Technology, a Sweden-based firm that develops technologies to input data in computers only with eye movements (eye-gaze input technologies), exhibited its product for the first time at CES. ...
[CES] $89 Tablet Computer Launched in Chinese Market
The "Kindle Fire," a 7-inch tablet computer that Amazon.com Inc released in November 2011 at a price of US$199, triggered a price war in the market for Android-based tablet computers and...
OLED Brightness Enhanced by Controlling Plasmon
Oji Paper Co Ltd will introduce a technology to improve the light extraction efficiency of OLED at the 41st Internepcon Japan, which will take place from Jan 18 to 20, 2012, in Tokyo. The...
[CES] Haier Shows Off 'Completely Wireless' 55-inch 3D TV
Haier Inc exhibited a large-screen 3D TV that features a wireless power transmission technology and does not have a power plug at the 2012 International CES, which runs from Jan 10 to 13, 2012, in...
[CES] Sony Introduces 4k2k Blu-ray Disc Player
Sony Corp developed a Blu-ray Disc (BD) player that supports 4k2k video and exhibited it at the 2012 International CES, a trade show for consumer electronics, which runs from Jan 10 to 13, 2012, in...
U.S. Automakers Seen Losing Market Share Amid 2012 Growth: Cars
Jan. 26 (Bloomberg) -- U.S. automakers led by General Motors Co. may lose share in their home market this year, a setback that might be assuaged by holding onto some of their gains against...
Bird-Watching CEO Gupta Seeks Returns as DBS Expands in Asia
Feb. 8 (Bloomberg) -- Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., Southeast Asia’s largest bank, picked banking over a passion for bird-watching three decades ago. Now his...
VietJet Budget Flights Lure Travelers From 40-Hour Bus Rides
Jan. 30 (Bloomberg) -- VietJet Aviation Joint-Stock Co., the budget carrier that began flights in Vietnam last month, may double its fleet to six planes by the end of the year as it lures passengers...
Nissan sees annual profits beating Toyota, Honda
YOKOHAMA, Japan (Reuters) - Nissan Motor Co is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market share in every...
Euro Higher on Positive Greek Headlines; Nikkei 225 Pushes above Psychological Levels at 9000
The Euro moved higher last night against most of the majors as markets were encouraged by the latest headlines out of Greece. Tuesday's meeting session for the Greek government resulted in...
TCS, Mitsubishi in JV, to invest $5 million in delivery centre
N. Chandrasekaran told reporters on Wednesday. The company's annual revenue from Japan is about $100 million, he said. TCS will hold 60% stake in this joint venture entity whereas 40% will be...
Nextnation To Expand Into Indonesian Market
KUALA LUMPUR, Feb 8 (Bernama) -- Nextnation Communication Bhd, a leading mobile platform developer, has entered into an outsourcing agreement with PT Inovisi Infracom Tbk, a company listed on the...
EPF Says Not Lending To Individuals
KUALA LUMPUR, Feb 8 (Bernama) -- The special scheme for the purchase of People's Housing Programme-National Economic Action Council (PPR-MTEN) and Kuala Lumpur City Hall (DBKL) public housing...
Masterskill Expects New Programme To Boost Earnings
KUALA LUMPUR, Feb 8 (Bernama) -- Masterskill Education Group Bhd expects its new post graduate programme to contribute positively to the earnings of the company in future. In an announcement to...
Jetstar In Rush To Beat AirAsia For Japan Service
MELBOURNE, Feb 8 (Bernama) -- Qantas budget carrier Jetstar, has brought forward the launch of its Japanese subsidiary by several months. This is to beat Malaysia's AirAsia, in setting up...
TTC Corner Western Food Restaurant Mulls Opening A Branch In KT
KUALA TERENGGANU, Feb 8 (Bernama) -- Straight Altitude Enterprise, the sole western food restaurant operator, plans to open another branch here to expand the business, its chairman, Kamil Fahmi...
Commodity Exports Reached RM130 Billion Last Year
MARAN, Feb 8 (Bernama) -- Malaysia exported RM130 billion worth of commodities last year, reflecting global acceptance of the country's products. Deputy Plantation Industries and Commodities...
Businesses Invited To Seek Investment Opportunities At Myanmar Business Conference 2012
SINGAPORE, Feb 8 (Bernama) -- Myanmar's new pro-development economic policies provide new hope for many businesses facing daunting news of a world economic slowdown. But from May 15-19 this...
Models To Use Samsung Mobile To Share Glitz, Glamour Of Fashion Shows
KUALA LUMPUR, Feb 8 (Bernama) -- Samsung Mobile is teaming up with Next Model Management this year to take fans behind the scenes at Fashion Week's top show via Samsung Galaxy Note. In a...
Apple chief makes case against Adobe Flash software
You can post your queries for your guests today: 11 am: Ashu Bagri Deputy Head-Technical Analyst SBICAP Securities and VVLN Sastry Country Head Firstcall India Equity Advisors 4 pm to 4.30 pm:...
Qantas grounds A380 after finding cracks in wings
International News: SYDNEY, Australia's Qantas Airways said Wednesday it was temporarily grounding one of its A380 superjumbos after discovering dozens of hairline cracks in its wings during a...
Garuda Indonesia Launches Two-Day Discover Indonesia Sale from Singapore
Indonesia’s national airline, Garuda Indonesia, is inviting travellers to explore the sights and sounds of Indonesia with an incredible two-day sale from 10-11 February. Valid for travel from...
Bharti Quarterly Profit Falls on High Interest Costs
, the world's fifth-biggest mobile phone carrier by subscribers, reported a 22 percent fall in quarterly profit -- its eighth straight quarter of declining profits -- hit by higher interest...
China's Steelmakers Next In Line for Debt Stress
China's steelmakers have racked up $400 billion in debt, which some may struggle to repay, making them a potential drag on a banking sector already facing rising bad loans from the property...
Japan Firms Talk on System Chip Tie In Reform Drive
and two other big Japanese chip makers have begun talks to combine their system chip operations and outsource production in a government-backed deal, sources said, as pressure mounts for drastic...
Malaysian Exporters Halt Palm Oil Supply to Iran
Malaysian palm oil exporters have stopped supplying most of the 30,000 metric tons of the food staple Iran used to buy each month from the Southeast Asian producer as fresh Western financial curbs on...
Exuberant Indian Markets Gloss Over Economic Reality
Dig a little deeper, and problems afflicting Asia's third-largest economy remain largely unabated and unaddressed. Inflationary risks remain and a political logjam continues to hem in reforms,...
Toyota lifts profit forecast as 2011 disaster woes fade
TOKYO -- Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its...
Qantas A380 Jet Grounded After Cracks Found in Wing Parts
Feb. 8 (Bloomberg) -- Qantas Airways Ltd., Australia’s largest carrier, suspended use of one of its Airbus SAS A380 passenger jets for as long as a week after discovering cracks in wing...
Is Asian economy entering a golden age?
In its outlook for the Asian economy last month, the International Monetary Fund forecast growth would come close to 6 per cent in 2012 and further recover to 6.5 per cent next...
Canon eyes $1bn India revenues by 2015
Fujio Mitarai said Canon is likely to see one billion dollars in sales by 2015. The company will strengthen its various business activities and groups in India to expand...
Rajat Gupta may face more allegations: US
Goldman Sachs and Procter & Gamble who is the highest-ranking executive charged in a US crackdown on insider trading, could face additional allegations, a federal prosecutor said on Tuesday....
'India-Iran rice trade would not be sanctioned'
Iran would not be sanctioned as the American sanctions on Tehran include exceptions for exports of things like food, medicine and medical devices. "US sanctions on Iran include exceptions for...
Domestic car sales rise 7.19% in January
NEW DELHI: Passenger car sales in the domestic market rose by 7.19 per cent to 1,96,013 units in January, compared to 1,82,852 units in the same month last year. According to the data released by the...