In Friday's Asia papers

08 February 2008 02:30  [Source: ICIS news]

SINGAPORE (ICIS news)--These were the top stories at 1:00 GMT in the following Northeast Asia/ Southeast Asia newspapers on Friday.

 

These stories have been taken from the Internet editions of the papers. ICIS has not verified these stories and does not vouch for their accuracy.

 

ASAHI SHIMBUN, Japan

 

Front page

 

4 held in deadly assault on wrestler

The Aichi prefectural police on Thursday arrested former sumo stablemaster Tokitsukaze and three apprentices on suspicion of beating a novice wrestler so badly that he died.

 

Police superintendent fired for role in spiritual group

A police superintendent was discharged Thursday for his involvement in a "spiritual healing" group accused of illicit sales practices that bilked desperate and superstitious customers.

 

Business & Industry

 

117 companies downgrade earnings forecasts for 2007

More than 100 listed companies revised down their forecasts for fiscal 2007 earnings, citing the US economic slowdown, the stronger yen, surging crude oil prices and stagnant domestic personal consumption.  

 

FOOD: JT expects loss after 'gyoza' scare

Japan Tobacco (JT) Inc. said Thursday it expects to report an operating loss in its frozen-food business for the year ending March because of the food-poisoning scandal involving frozen gyoza dumplings imported from China.

 

CHINA DAILY, China

 

Front page

 

China looks to New Year as blizzards end

Chinese people are looking forward to an auspicious Year of the Rat, as the country recovers from transport and power chaos triggered by a long spell of bad weather. Fighting Blizzard

 

Tornadoes in US South kill at least 55

Tornadoes flattened the land and shattered lives across the US South on Tuesday and Wednesday, killing at least 55 people and injuring more than 150.

 

Business & Industry

 

Philippines attracts more Chinese tourists

A senior Philippine diplomat said on Thursday that more and more Chinese tourists are considering the Philippines as their vacation destination of choice.

 

Power mostly restored in snow-stricken China

Electricity was partly or fully restored to 162 snow-stricken counties in China, including Chenzhou city in Hunan Province, as of 5 pm Wednesday.

 

TAIPEI TIMES, Taiwan

 

Front page

 

Give Taiwan more space: Negroponte

US Deputy Secretary of State John Negroponte urged Beijing to be "a little bit more generous toward Taiwan" when Taipei seeks participation in international organizations that do not require statehood. [ FULL STORY ]

 

Japan cautious on PRC claims of political sabotage

Japan yesterday warned against rushing to the conclusion that Chinese dumplings behind a recent health scare were intentionally poisoned, following allegations of politically motivated sabotage.

 

Business & Industry

 

Yahoo brooding over Microsoft

Yahoo chief executive Jerry Yang told employees on Wednesday that the struggling Internet pioneer is still examining ways to avoid a takeover by rival Microsoft Corp.

 

Softbank CEO backs Microsoft's offer

Softbank Corp chief executive officer Masayoshi Son said that Microsoft Corp, which made a $44.6bn unsolicited bid for Yahoo Inc, could boost the value of the Yahoo brand.

 

KOREA HERALD, South Korea

 

Front page

 

( no news updates )

 

NEW STRAITS TIMES, Malaysia

 

Front page

 

Avenue of hope for settlers' children

Her parents could not afford to send her to a private institution, she said. But then they told her about the Generasi Baru programme, set up by The LimKokWing University of Creative Technology and Felda to provide tertiary education to the children of settlers and her hopes were rekindled.

 

Rural school transformed

Batu Kikir is certainly not a cluster school; neither does it enjoy Smart or even premier status. It is not well known and many Malaysians would not have heard of it, or the sleepy hollow it is nestled within.  

 

Business and Industry

 

Windfall for Felda settlers with new payment scheme

Felda settlers who replant oil palm and rubber are in for a windfall beginning next month after the government yesterday announced payment increases of between 25% and 44%.

 

BUSINESS TIMES, Singapore

 

Front page

 

US Congress passes stimulus bill, sends to Bush

The US Congress passed a nearly $152bn plan on Thursday to stave off an election-year recession by sending government rebate checks to millions of Americans and providing business tax incentives to boost spending.

 

Investors scurry on eve of Year of Rat

Investors in Asian stock markets yesterday said a nervous goodbye to the Year of the Pig by diving for cover in the face of renewed US recession fears that swept through Wall Street on Tuesday.

 

Business & Industry

 

( no news update )

 

BANGKOK POST, Thailand

 

Front page

 

Army pans disarmament plan

Army chief Anupong Paojinda has made it clear he has strong reservations against disarming civilians and, eventually, members of the security forces in the deep South, saying it is the insurgents who should hand over their guns.

 

Looking back on the junta’s rein

Thailand's military junta that staged a 2006 coup d'etat officially ended its role Thursday, admitting that it had failed in its political objectives and promised to avoid further coups.

 

Business & Industry

 

ICT chief prizes neutrality

The new Information and Communications Technology (ICT) minister says his clean background and independence from business will be an advantage in his new posting.

 

Suvit pledges improvements in three areas

Attracting foreign investment, developing small and medium enterprises (SMEs) and reducing industrial pollution are the priorities of the new Industry Minister Suvit Khunkitti.

 

JAKARTA POST, Indonesia

 

Front page

 

( no news updates )

 

 


By: Staff Reporter
+44 20 8652 3214



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