Archive for May 5th, 2012

Asian markets weaker, investors jittery

05-May-2012 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 8:39 AM

Asian shares mostly slipped in nervous trade yesterday ahead of closely watched US jobs figures later in the day, at the end of a week that has provided mixed signals on the [...]
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China indicates will allow Chen to leave to study in US

China indicates will allow Chen to leave to study in US

05-May-2012 Intellasia | AFP | 8:35 AM

The United States said Friday that China had indicated it would let blind activist Chen Guangcheng and his family leave the country soon, raising hopes of a resolution to a [...]
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Some mining giants exempt from Indonesian export tax

Some mining giants exempt from Indonesian export tax

05-May-2012 Intellasia | AFP | 8:31 AM

Some of the biggest international mining companies operating in Indonesia will be exempt from a new 20 percent tax on raw mineral exports, a minister said Friday. Companies [...]
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Pregnant woman sent back from HK to Beijing

05-May-2012 Intellasia | Peopledaily | 7:05 AM

A pregnant woman who arrived in Hong Kong with a tour group earlier this week was told to return to Beijing by immigration officials. It was the first such reported case [...]
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Sun Hung Kai Properties suspends trading of shares

Sun Hung Kai Properties suspends trading of shares

05-May-2012 Intellasia | Business Week | 7:05 AM

Sun Hung Kai Properties Ltd (16), Hong Kong’s biggest developer, halted trading of its shares today pending a price-sensitive announcement. Hong Kong’s [...]
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HK has right conditions for full democracy: US diplomat

HK has right conditions for full democracy: US diplomat

05-May-2012 Intellasia | Mainichi | 7:05 AM

The Hong Kong leadership election in March has shown that the conditions are ripe and the people are ready for full democracy, the top US diplomat based in the territory said [...]
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HK March retail sales rise 17.3 pct yr/yr

HK March retail sales rise 17.3 pct yr/yr

05-May-2012 Intellasia | Reuters | 7:05 AM

March retail sales data (percent change from a year earlier): March February January December November October Sep Value: 17.3 15.6^ 14.9 23.5 23.4 23.0 24.0 Volume: 13.4 [...]
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Barclays sees brighter Q2 growth for Taiwan’s economy

05-May-2012 Intellasia | Focus Taiwan | 7:05 AM

May 3 (CNA) Financial services provider Barclays predicted Thursday that Taiwan’s economic growth will accelerate in the second quarter of 2012 due to stronger momentum [...]
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Korean exports to China likely to grow faster from May

05-May-2012 Intellasia | Yonhap | 7:05 AM

South Korea’s exports to China are expected to grow faster starting in May, as Chinese manufacturers have stepped up their production, a report said Friday. “The [...]
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Left-wing minor party apologises for election irregularities

Left-wing minor party apologises for election irregularities

05-May-2012 Intellasia | Yonhap | 7:05 AM

A left-wing minor party leader issued a public apology Thursday for suspected vote rigging and other irregularities in the party’s selection of candidates for last [...]
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Korean banks’ bad loan ratio falls in March

Korean banks’ bad loan ratio falls in March

05-May-2012 Intellasia | Yonhap | 7:05 AM

The bad loan ratio of banks in South Korea dropped in March from the previous month due to lenders’ greater efforts to make their balance sheets cleaner, the financial [...]
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Korean Air plots adjustments after loss

05-May-2012 Intellasia | WSJ | 7:05 AM

After swinging to a consolidated net loss of 67.2 billion won (US$59 million) in the first quarter, and with high oil prices looking likely to persist into the second [...]
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China’s yuan is at equilibrium level : People’s Daily

05-May-2012 Intellasia | Reuters | 7:05 AM

China’s yuan is at an equilibrium against the dollar and even high in some respects, the country’s main official newspaper said on Friday in remarks that could [...]
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China ahead of US in smartphone shipment in Q1

05-May-2012 Intellasia | Zdnetasia | 7:05 AM

Smartphone shipments in China were ahead of shipments the United States in the first quarter of 2012, with the Asian economy taking up 22 percent of global smartphone [...]
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Australian jailed in China on murky charges

Australian jailed in China on murky charges

05-May-2012 Intellasia | SMH | 7:05 AM

Australian businesswoman Charlotte Chou has been sentenced to eight years in a Chinese jail for embezzlement and other corporate charges relating to the private university [...]
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