Saturday September 6, 2008
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Latest China Steel News

  • Portman may quit Golden 6 Sep 2008 13:35 GMT
    ... unwelcome presence of an 11.4 per cent Chinese shareholder. As Portman yesterday lost a court bid ... would be complicated by the presence of China’s Hunan Valin Steel Tube as an 11.4 per cent stakeholder. ...

  • Learn about the World Builders' and Cabinet Hardware Market 6 Sep 2008 12:31 GMT
    ... Environmental Issues - The Key Concern II-2 China- High Growth on Cards II-2 Hinges Exports ... Hinges Exports on Rise: II-2 Table 1: Chinese Exports of Hinges (2005): Percentage Breakdown by ... ABLOY to Acquire High-Security Door Operations of Beijing Tianming II-37 Assa Abloy Acquisitions of US, ...

  • Ohioan finds niche with outdoor sculptures 6 Sep 2008 08:47 GMT
    ... called Wind Dragon at Olympic Park in Beijing is his. So is a 10-story, stainless steel sculpture embedded with lights in Brisbane, Australia. ... in an international sculpture competition in Taizhou, China. Hudson has flourished in the arena of public ...

  • Business expansion rumours rejected 6 Sep 2008 08:16 GMT
    ... in southern Kien Giang province and E-United steel firm, which applied to add $2.4 billion ... place for foreign investors to expand their business. The latest surveys of Jetro, a Japanese ... projects in Vietnam from neighbouring nations including China. “Vietnam still has fundamental factors to draw foreign ...

  • Becoming an Asian Tiger 6 Sep 2008 07:32 GMT
    ... the need- to shift from agriculture to industry and services, to intensify integration with global ... have also been other offers by the steel group Mittal. The significant aspect pertaining to this ... and replicate the experience of South Korea, China and Vietnam. We must also open our mental ...

  • Murray faces moment of truth on favourite stage 6 Sep 2008 06:33 GMT
    ... Andy Murray faces moment of truth against Rafael Nadal ... 8:47AM BST 05 Sep 2008 Concrete and steel: Andy Murray insists he will not be ... where he deserves to be. Forget the Beijing blooper, a first-round defeat at the Olympics; it ...

  • Coal prices show signs of weakening 6 Sep 2008 06:31 GMT
    ... global slowdown has begun to hurt the steel industry, which uses high-priced metallurgical coal to ... strengthening dollar and concerns about demand from China. Shares in one of the biggest coal ... the Australians are doing and what the Chinese are doing." While steam coal has slipped a ...

  • ArcelorMittal applies for sunset review investigation 6 Sep 2008 06:00 GMT
    ... initiated. Colour-coated products are  flat-rolled products of iron or nonalloy steel of a width of 600 mm or more, ... or imported from the People's Republic of China and Malaysia. Trade Remedy Amendments – August 22 ...

  • Ten Indian firms in Forbes List of 50 top Asian companies 6 Sep 2008 05:58 GMT
    ... made the list, which is dominated by China (13 companies). Australia and Taiwan follow India ... sixth spots respectively. Acer is followed by Chinese steel maker Angang Steel, Taiwan's Asustek Computer and ...

  • List of Asia''s Fab 50 Companies 6 Sep 2008 05:57 GMT
    ... 6.Sims Group (Australia) 7.Woolworths Ltd (Australia) 8.Angang Steel (China) 9.China Construction Bank (China) 10.China Mobile (China) 11.China ... (Taiwan) 46.Delta Electronics (Taiwan) 47.Hon Hai Precision Industry (Taiwan) 48.HTC Corp (Taiwan) 49.Wistron (Taiwan) 50.Kasikornbank ...

  • Resource stocks hit Russian equities 6 Sep 2008 05:57 GMT
    ... Published: September 5 2008 14:42 | Last updated: ... emerging markets to commodities. The hope that Chinese industrialisation would sustain growth has faded,” said Kingsmill ... it was listed on the Micex exchange. Steel maker Magnitogorsk dived 8.9 per cent to ...

  • Rare Opportunity 6 Sep 2008 05:56 GMT
    ... Hybrid cars can't run without them. But China has a stranglehold on the exotic minerals ... shipments of rare earths. "Some of the Chinese companies that had signed contracts starting July 1 ... other minerals, including niobium (used in the steel industry), zirconium (chemicals and nuclear power to ...

  • The Other Face of Saudi Aramco 6 Sep 2008 05:56 GMT
    ... To engineer a huge expansion in the chemicals business, ... not popular," she recalls. But cycles turn. Chinese and Indian demand pushed up oil prices. In ... will be a naphtha cracker, a stainless steel vessel that under intense heat and pressure ...

  • U.S. downturn sends world stocks slumping 6 Sep 2008 05:55 GMT
    ... Australia and Singapore also were down sharply. China's Shanghai index slid 3.3 percent to its lowest ... cause overheating. In Hong Kong, investors sent Chinese commodity producers spiraling, with Angang Steel losing ...

  • Seniors go with the flow with tai chi exercise program 6 Sep 2008 05:53 GMT
    ... colleague when he was working in the business world. The other man became so enraged, ... Showstack's face and instead collided with a steel door in Showstack's office, breaking several of ... chi began as a martial art in China in which practitioners would harness the energy of ...


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China Govt & Politics News

• Prosecutors summon ex-Taiwan leader Chen Shui-bian over money laundering [06 Sep 2008 - 11:32]
• Chinese Premier meets Polish, Singaporean vice PMs [06 Sep 2008 - 11:32]
• Prosecutors summon Chen Shui-bian over money laundering [05 Sep 2008 - 20:06]
• Chinese Premier meets Polish, Singaporean vice PMs [05 Sep 2008 - 17:28]
• Prosecutors summon ex-Taiwan leader Chen Shui-bian over money laundering [05 Sep 2008 - 17:28]
• Wen Jiabao and quake victims' problems on the threshold of winter [05 Sep 2008 - 06:00]
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China Business News

• US nuclear envoy meets China in N. Korea impasse [06 Sep 2008 - 16:29]
• Mercedes-Benz China recalls vehicles for software coding mistakes [06 Sep 2008 - 15:36]
• Seminar scheduled for art of doing business with China [06 Sep 2008 - 15:04]
• US, China discuss North Korea nuclear issue [06 Sep 2008 - 13:56]
• Research and Markets Adds Report: 'Leading Chinese Digital Terrestrial STB Makers Development … [06 Sep 2008 - 12:09]
• China to float $3.8 billion in one-year T-bonds [06 Sep 2008 - 10:59]
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Quote of the Day

"Australians, you have entrusted a great deal to me, I will honor your trust wholeheartedly."
— Quentin Bryce, Australia's first female governor general

> Quentin Bryce News
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Hong Kong News

• Candidates make last appeals to Hong Kong voters [06 Sep 2008 - 16:37]
• Hong Kong bans mainland Chinese from giving birth [06 Sep 2008 - 09:07]
• In Hong Kong, 'New Ink Art: Innovation and Beyond' [06 Sep 2008 - 08:06]
• ICE recognizes technical paper on award-winning culvert in Hong Kong [06 Sep 2008 - 07:16]
• Rev Up the Decibels as Fujitsu's LifeBook U2010 Navigates the Urban Jungle [06 Sep 2008 - 07:14]
• Hong Kong's rivals play the Olympics card [06 Sep 2008 - 06:29]
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Taiwan News

• Prosecutors summon ex-Taiwan leader Chen Shui-bian over money laundering [06 Sep 2008 - 11:32]
• Research and Markets Adds Report: 'The Taiwanese Smart Cellular Device Application IC Market, 2Q 2008' [06 Sep 2008 - 10:20]
• Better English skills urged for Taiwan's civil servants [06 Sep 2008 - 10:01]
• Noted Taiwan writer Chao Ning dies, aged 66 [06 Sep 2008 - 09:26]
• Canon Taiwan to boost lens production capability [06 Sep 2008 - 07:00]
• Ambitious plans for Taipei outlined [06 Sep 2008 - 06:07]
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Tibet News

• Dalai Lama's brother dies [06 Sep 2008 - 16:42]
• Dalai Lama's brother dies at the age of 86 [06 Sep 2008 - 16:40]
• Delhi: Dalai Lama's brother dies aged 86 [06 Sep 2008 - 16:39]
• Dalai Lama's brother dies  [06 Sep 2008 - 16:09]
• Dalai Lama's brother dies at 86 [06 Sep 2008 - 15:36]
• Dalai Lama's brother dies aged 86 [06 Sep 2008 - 15:32]
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Macao News

• More than 100 poisoned by oysters in luxury Macau hotels - Summary [06 Sep 2008 - 16:41]
• Exhibition celebrates Zhou Enlai in Macao [06 Sep 2008 - 16:41]
• Over 100 poisoned by oysters in luxury Macau hotels [06 Sep 2008 - 09:56]
• More than 100 poisoned by oysters in luxury Macau hotels [06 Sep 2008 - 05:16]
• PokerStars.net APPT Macau, Day 3: Huang Leads Final Table [06 Sep 2008 - 02:27]
• Macau feeling the effects of gambling boom [05 Sep 2008 - 18:55]
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Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8397
EUR 1 = CNY 9.7579

Hong Kong Dollar:
USD 1 = HKD 7.8073
EUR 1 = HKD 11.1384

Macau Pataca:
USD 1 = MOP 8.0411
EUR 1 = MOP 11.4718

Taiwan Dollar:
USD 1 = TWD 31.8750
EUR 1 = TWD 45.4745

USD 1 = EUR 0.7009
EUR 1 = USD 1.4266

Closing Stocks:
Shanghai A: 2,311.63(-3.29%)
Shenzhen A: 636.67(-3.76%)
Hang Seng: 19,896.38(-2.42%)
Taiwan Taiex: 6,307.28(-1.64%)

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Sep. 6

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