Archive for June, 2011

Business Briefs June 30

30-Jun-2011 Intellasia | | 11:03 PM

* Tan Cuong Thanh Co has announced planning of Thien Park urban area in Danang City’s Lien Chieu District. The 1.6 trillion dong project will cover 100 hectares with [...]
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VN Index slips to 432pct

30-Jun-2011 Intellasia | HSX | HNX | 10:59 PM

Closing the last trading session of June, the VN Index lost another 2.06 points or 0.47 percent to 432.54 pts. The market liquidity reached only 22.94 million shares worth [...]
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Asian stocks rise as Greece nears debt resolution

Asian stocks rise as Greece nears debt resolution

30-Jun-2011 Intellasia | AP | 6:32 PM

Asian stock markets moved higher Thursday, a day after Greece approved a harsh austerity package to prevent the heavily indebted country from a massive default. Oil prices [...]
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Magnitude-5.4 quake jolts central Japan; 7 hurt

30-Jun-2011 Intellasia | AP | 4:37 PM

A magnitude-5.4 earthquake has rattled central Japan and at least seven people are hurt. The Japan Meteorological Agency said the quake hit Thursday in Nagano, some 170 [...]
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Earthquake hits central Japan, no damage reported

30-Jun-2011 Intellasia | Reuters | 4:17 PM

An earthquake with a preliminary magnitude of 5.5 hit central Japan on Thursday, the Japan Meteorological Agency said, but there were no reports of injuries or damage. The [...]
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Asian markets mostly up on Greece prospects

30-Jun-2011 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 4:13 PM

Asian stock markets mostly rose yesterday Wednesday June 29 on hopes Greek lawmakers will pass a crucial vote that will help the country avoid a devastating default. As [...]
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Vietnam’s economic indicators – June 29

30-Jun-2011 Intellasia | Reuters | 3:57 PM

Vietnam’s economic indicators – June 29 30/Jun/2011 Intellasia | Reuters HANOI, June 29 (Reuters) – Vietnam’s economic indicators . * Updated [...]
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Myanmar tells Suu Kyi to stay out of politics

Myanmar tells Suu Kyi to stay out of politics

30-Jun-2011 Intellasia | AFP | 2:59 PM

Myanmar’s regime told pro-democracy leader Aung San Suu Kyi Wednesday to halt all political activities and warned her planned first national tour since being freed [...]
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Taiwan boat aborts protest near disputed islands AFP

Taiwan boat aborts protest near disputed islands AFP

30-Jun-2011 Intellasia | AFP | 2:52 PM

Taiwanese anti-Japan activists who sailed near a disputed island chain in the East China Sea were forced to turn back after being confronted by Japanese patrol boats, [...]
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China’s emerging municipal mess

30-Jun-2011 Intellasia | ft | 7:01 AM

It has been clear for some time that China’s municipalities ran up big debts during the country’s heroic post-crisis stimulus in 2009. But only now are the full [...]
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Caixin Online: Is China driving property bubbles abroad?

30-Jun-2011 Intellasia | Market Watch | 7:01 AM

In late May of this year, more than 400 people lined up to purchase apartments at a site in New Westminster City, a suburb of Vancouver. Within two and half hours of the [...]
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How China’s banks break the rules

30-Jun-2011 Intellasia | The Wall Street Journal | 7:01 AM

In October, I sat down in Nanjing with a senior banker for one of China’s “Big Four” state banks. I asked him about the new regulations just put in place by [...]
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PLA develops online game for training

30-Jun-2011 Intellasia | Chinadaily | 7:01 AM

The People’s Liberation Army (PLA) has developed its first online military game to improve combat skills and technological awareness. The first-person shooter game has [...]
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Surging China costs turn some US makers homeward

30-Jun-2011 Intellasia | Reuters | 7:01 AM

On a recent morning at Master Lock’s 90-year-old factory in Milwaukee, a cluster of machinery was whirring, every 2 seconds spitting out one of the combination locks [...]
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Daimler plans $2b China investment

30-Jun-2011 Intellasia | Reuters | 7:01 AM

Daimler plans to capitalise on burgeoning Chinese demand for its premium vehicles by investing some euro 2bn with its local partner in the production of new compact cars and [...]
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