Archive for March 3rd, 2012

Sentiment brightens

03-Mar-2012 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 3:56 PM

Asian markets’ upward trend since the start of the year continued yesterday as optimism was boosted by a fresh set of upbeat US data and positive news from the [...]
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Cash-strapped Khmer Rouge court gets new funds

Cash-strapped Khmer Rouge court gets new funds

03-Mar-2012 Intellasia | AFP News | 3:55 PM

Cambodia’s UN-backed war crimes court said Friday it had secured much-needed new funding from foreign donors, enabling it to pay hundreds of workers who have not [...]
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UK’s White Cube opens HK gallery as Asia art booms

UK’s White Cube opens HK gallery as Asia art booms

03-Mar-2012 Intellasia | AP | 7:01 AM

Britain’s White Cube gallery, known as an early champion of provocative British artists Damien Hirst and Tracey Emin, launched its Hong Kong branch on Thursday, [...]
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HK’s first major IPO of 2012 falls on debut?

03-Mar-2012 Intellasia | arabnews.com | 7:01 AM

China-backed Canadian oil explorer Sunshine Oilsands Ltd saw its shares fall 3.1 percent on their trading debut in Hong Kong on Thursday, underscoring tepid demand for new [...]
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HK billionaire steps aside for son

03-Mar-2012 Intellasia | forbes.com | 7:01 AM

Cheng Yu-tung announced on Wednesday that he would retire from his position as chair of conglomerate New World Development. The 86-year-old founder was ranked by Forbes as [...]
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Retail sales rise less-than-estimated 15pct on year

03-Mar-2012 Intellasia | Bloomberg | 7:01 AM

Hong Kong’s retail sales rose less than analysts forecast in January, limiting gains to the city from Lunar New Year holiday spending. Sales increased 14.9 percent from [...]
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HK to be hub for tourists using China’s high-speed trains

HK to be hub for tourists using China’s high-speed trains

03-Mar-2012 Intellasia | AFP Relax | 7:01 AM

As China’s high-speed rail network slowly pieces itself together, travel agents down in Hong Kong are preparing to make full use of the system as they continue to help [...]
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Wife of Taiwan’s jailed ex-leader urges his release

Wife of Taiwan’s jailed ex-leader urges his release

03-Mar-2012 Intellasia | AFP News | 7:01 AM

The wife of Taiwan’s jailed ex-president Chen Shui-bian said Thursday that her husband is sick and should be hospitalised rather than being treated in prison where he [...]
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Taiwan economic indicator declines for January?

03-Mar-2012 Intellasia | Taiwan Today | 7:01 AM

Taiwan’s overall economic monitoring indicator flashed a blue light for the third consecutive month in January, meaning that the economy has contracted and the business [...]
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Korean manufacturing expands?

03-Mar-2012 Intellasia | wsj | 7:01 AM

South Korea’s manufacturing activity expanded for the first time in seven months in February, backed by a rise in export orders, according to data released by HSBC [...]
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Korean February inflation eases?

03-Mar-2012 Intellasia | CNA | 7:01 AM

South Korea’s inflation eased for a second consecutive month in February to a 14-month low as the government pushed to curb price rises, official figures showed Friday. [...]
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Korea recoups 60.9pct of bailout funds?

03-Mar-2012 Intellasia | Yonhap News | 7:01 AM

South Korea has recouped 60.9 percent of the public funds it injected to bail out troubled financial firms during the 1997-98 Asian financial crisis, the country’s [...]
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U-2 spy planes keep watch on N Korea?

03-Mar-2012 Intellasia | koreaherald.com | 7:01 AM

As a sleek black U-2 roared back from a mission, Pontiac muscle cars zoomed along the runway to help it touch down using a low-tech method dating back more than half a [...]
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China backs US-N Korea nuclear freeze deal

03-Mar-2012 Intellasia | AFP News | 7:01 AM

China Thursday welcomed North Korea’s agreement to freeze nuclear activities in return for massive US food aid, a deal that raised cautious hopes of eased tensions [...]
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Korea posts trade surplus of $2.2b in Feb

03-Mar-2012 Intellasia | Yonhap News | 7:01 AM

South Korea posted a trade surplus of $2.20 billion in February buoyed by a steady rise in overseas demand for locally made goods, a government report showed Thursday. The [...]
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