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Latest South-East Asia Investment News

  • Asian markets end narrowly mixed 15 May 2008 12:14 GMT
    ... HONG KONG (AP) - Asian markets were narrowly mixed ... mixed Thursday as stocks in Tokyo and Singapore advanced but Hong Kong shares dipped as ... said Shi Lei, an analyst at TX Investment. Bank of Communications dropped 1.0 percent yuan ...

  • Tandberg Data joins the Green Grid to promote greener backups 15 May 2008 12:14 GMT
    ... Tandberg Data joins the Green Grid to promote ... rather than replacing them, thus protecting their investment and at the same time reducing waste. ... France, Germany, the United Kingdom, Japan and Singapore, as well as branch offices in Italy, ...

  • ABS-CBN Q1 recurring profit up 23% 15 May 2008 12:14 GMT
    ... right to sell packages of ABS-CBN's The Filipino Channel. Gross revenues, meanwhile, rose 3 percent to ... Stocks extended their gains on Thursday as investors snapped up some blue chips following modest ... Investors Service has said the reliance of Philippines banks on remittances from the country's overseas ...

  • Asian stocks close mostly up on lower oil, easing credit crisis fears 15 May 2008 12:14 GMT
    ... its highest level since January, while South Korean shares surged more than two percent to ... sales. abs-cbnNEWS.com Money sent home by overseas Filipino workers (OFWs) through banks rose 9.4 percent ... Investors Service has said the reliance of Philippines banks on remittances from the country's overseas ...

  • KEXIM's euro bond issue rated 'Aa3' - Moody's 15 May 2008 12:13 GMT
    ... KEXIM's euro bond issue rated 'Aa3' - Moody's ... - Moody's MUMBAI (Thomson Financial) - Moody's Investors Service said it has assigned an 'Aa3' ... an 'Aa3' rating to Export-Import Bank of Korea's (KEXIM) proposed benchmark size Euro bond due May ...

  • Abraxis BioScience Reports 14% Revenue Growth to $82.1 Million for the First Quarter of 2008 15 May 2008 12:13 GMT
    ... LOS ANGELES, May 15, 2008 (BUSINESS WIRE) ----Abraxis BioScience, ... of Japan and Green Cross of South Korea, compared with $9.8 million of revenue for the ... Property, plant and equipment, net 144,952 145,120 Investment in Drug Source Company, LLC 9,027 9,275 ...

  • Ghana: The Global Food Crisis - Misconceptions and Facts 15 May 2008 12:12 GMT
    ... Bright B. Simons and Franklin Cudjoe Accra Recently, a ... by meeting the costs of this required investment." The facts of the matter, as far ... on GDP relativity terms, were countries like Malaysia and Brazil. None of these countries can ...

  • UPDATE 1-China Construction Bank holder selling stake 15 May 2008 12:12 GMT
    ... HONG KONG, May 15 (Reuters) - An institutional investor ... their stakes, putting share prices under pressure. Singapore state investment agency Temasek Holdings [TEM.UL], which is the ...

  • Global economy will not recover before 2009: IMF 15 May 2008 12:12 GMT
    ... (JERUSALEM) The International Monetary Fund does not expect ... recession, he was quoted as telling Asian investors yesterday. 'He said that the data coming ... Fed chairman spoke to the meeting in Singapore via videolink from Washington. Mr Greenspan, who was ...

  • Dividend letdown stokes SingTel acquisition talk 15 May 2008 12:12 GMT
    ... Before it paid $1.17 billion last year for a ... when it did not make any significant investments. For the full year, Southeast Asia's largest ... to $3.76 billion, was driven by the Singapore business and a stronger Australian dollar. Singapore ...

  • Fat gains from food 15 May 2008 12:12 GMT
    ... Soaring food prices in the past year have squeezed ... the past 52 weeks. Investors may also invest through commodity exchange traded funds. One example, ... firm EPFR Global. Some countries, such as Thailand, though, have placed restrictions on exports of ...

  • Asian stocks gain on Wall Street rally as inflation worries ease UPDATE 15 May 2008 12:11 GMT
    ... Kun-Hee. The electronics giant, flagship of South Korea's biggest conglomerate Samsung, appointed Lee Yoon-woo to replace ... rose 0.4 percent to 1,293.0 and the Singapore Straits Times gained 0.7 percent to 3,221.19. The Philippines Composite closed up 0.6 percent at 2,878.26. ...

  • Singapore's Allco Commercial REIT ratings confirmed with stable outlook- Moody's 15 May 2008 12:11 GMT
    ... Singapore's Allco Commercial REIT ratings confirmed with stable ... liquidity position of the Singapore-based real estate investment trust, it added. tfn.newsdesk@thomson.com Thomson Financial News ...

  • Singapore shares close up on Wall Street lead; profit-taking pares gains UPDATE 15 May 2008 12:11 GMT
    ... Singapore shares close up on Wall Street lead; ... Vickers Securities. Singapore-listed Straits Asia Resources, the Indonesian coal mining subsidiary of Australia's Straits Resources, ...

  • Tension grips POSCO site after villagers clash 15 May 2008 11:48 GMT
    ... From correspondents in India, 04:02 PM IST Tension gripped ... Tension gripped the project-site of the South Korean steel major Posco in Orissa after supporters and ... is billed as the largest foreign direct investment in India. The villagers clashed after a ...

  • Subprime hurting Japan, Australia property: GIC 15 May 2008 11:27 GMT
    ... SINGAPORE (Reuters) - Government of Singapore Investment Corp (GIC), the sovereign wealth fund with an estimated $330 billion in assets, said ...

  • Reliance mega-refinery to redraw fuel trade routes 15 May 2008 11:27 GMT
    ... By Luke Pachymuthu and Felicia Loo - Analysis SINGAPORE (Reuters) - When Reliance Industries opens a ... is likely to prosper as it has invested in a plant that can use the ...

  • India's experiments with inflation 15 May 2008 11:27 GMT
    ... merican economist Alan Blinder once said: "Price stability ... there are no tie-ups of output and investment targets and market economy got eroded due ... by the United Kingdom, Canada, Australia, South Korea, Egypt, South Africa and Brazil, among other countries, ...

  • Replace Namdaemun With Yi Su-shin 15 May 2008 11:26 GMT
    ... By Marc Belisle Convicted arsonist Chae Jong-gi received a ... 10-year prison term for burning down Namdaemun, Korea's most cherished historical monument. The sentence is ... version of its former glory, Korea should invest in educating the public about a historical ...

  • CEOs' Reshuffle 15 May 2008 11:25 GMT
    ... Ability, not Affinity, Should Be First Criterion ``Good ... rewards for little sweat. Many of these government-invested firms, which provide essential public services that ... money. The average annual salary of the Korea Securities Depository, for instance, whose job is little ...


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