Archive for July, 2010
Economic fears dent sentiment
Fears of a slowdown in the US and poor economic data out of Japan pushed Asian markets lower yesterday July 30, with traders cashing in recent gains. TOKYO: Strong corporate [...]
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Taiwan’s CPC makes large gas discovery
Taiwan government-owned refiner CPC Corp. said Thursday it has made a “large” natural gas discovery at well No. 145 in Miaoli, northwestern Taiwan, estimating the [...]
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Taiwan Formosa says restarting 1 CDU at refinery
Taiwan’s Formosa Petrochemical Corp (6505.TW: Quote) is restarting one of three crude distillation units (CDUs) on Thursday, with low output to be expected on Friday, a [...]
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Laos gold diggers cause mercury contamination
Independent gold miners are contaminating the air and water in Laos with the mercury used for extracting the precious metal, a news report said Thursday. The state-run daily [...]
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Thailand to sign Burma natural gas purchase deal
Thailand will sign on Friday an agreement to buy natural gas from the Zawtika field at the offshore Block M9 in the Gulf of Martaban in Myanmar from late 2013, Energy [...]
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PTTEP to sign gas deal with Burma
PTT Exploration and Production Plc (PTTEP) will on Friday sign an agreement to purchase natural gas from M9 or Zawtika Field with Myanmar Oil and Gas Enterprise (MOGE), the [...]
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China denies forced technology transfer charge
Beijing on Thursday denied charges by a US business group that its technology transfer rules for foreign firms constitute “theft” on a massive scale, and defended [...]
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GM bullish on Thailand in ‘booming’ Southeast Asia
General Motors Co [GM.UL] believes vehicle sales in Thailand could rise to more than 700,000 units this year as the economy proves resilient to recent political unrest and [...]
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Singapore fund Target Asset to wind down operations
Target Asset Management, one of Singapore’s most successful boutique fund managers, will wind down its operations as founder and chief investment officer Teng Ngiek [...]
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Apple iPod Nano may pose fire hazard, says Japan
Japan’s industry ministry has ordered Apple to report on measures it will take regarding cases of its iPod Nano music player overheating and catching fire, an official [...]
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Indonesia’s United Tractors posts flat H1 net profit
PT United Tractors Indonesia’s biggest heavy equipment provider, posted a 0.8 percent rise in its first half 2010 net profit on Thursday, as revenues climbed but costs [...]
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N Korea, China sign new economic cooperation accord
North Korea signed a new accord on economic and technical cooperation with China on Thursday, state media said as the impoverished communist country struggles to recharge its [...]
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Singapore central bank sees rising prices, moderating growth
Singapore’s economic growth will moderate in the second half of 2010 while prices will rise faster, the central bank said on Thursday, while making clear it remained [...]
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Malaysia sells 3.5b ringgit govt bonds, yield 3.732pct
Malaysia has sold 3.5 billion ringgit of government bonds due in 2017 at an average yield of 3.732 percent, the central bank said on Thursday. The bid to cover ratio was 2.42 [...]
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Google changes tune, search still working in China
Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland China – a key market [...]
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