In Friday's Asia papers

05 June 2009 02:00  [Source: ICIS news]


Front page

Prius tops new car sales list
The revamped Prius manufactured by Toyota Motor Corp. overtook its main hybrid rival, Insight, produced by Honda Motor Co., to become the best-selling car in Japan in May, data from the Japan Automobile Dealers Association showed.

Business & Industry

Mitsubishi Motors plans plug-in electric SUV by 2013
Mitsubishi Motors Corp. plans to introduce a larger plug-in electric vehicle (PEV) to the domestic market by 2013.


Front page

Minister makes call to go green
To coincide with World Environment Day today, Zhou Shengxian, minister of environmental protection, announced he is leading his 200-odd staff into all-out warfare, including a publicity plan to promote green modernization.

China slams Clinton's June 4 comments
China Thursday expressed deep dissatisfaction and resolute opposition to US Secretary of State's remarks on the 20th anniversary of the events of June 4.

Business & Industry

Poor forced to pay for county road
Lanxi county in Heilongjiang province forced its impoverished residents to loan the government 13 million yuan ($2 million) that it has failed to repay for 14 years.

China's foreign trade set to decline in first half
China's foreign trade sector now faces unprecedented difficulties and is set to decline in the first half year, said Vice Minister of Commerce Zhong Shan Wednesday.


Front page

TIANANMEN 20 YEARS ON: Ma calls on China to face ‘painful’ past
President Ma Ying-jeou yesterday lauded China’s efforts to address human rights issues but called on Beijing to face the “painful history” of its bloody military crackdown on demonstrations at Tiananmen Square in 1989.

TIANANMEN 20 YEARS ON: Beijing brushes off calls for probe
China yesterday rejected calls for a probe into the Tiananmen Square Massacre, saying that the matter had been settled.

Business & Industry

Wang family closes ranks on board seats
Eldest son Winston Wong was cut out of the oil refiner’s board of directors, three weeks after he filed suit to secure control of his father’s estate

Intel sees MIDs as intermediary of the future
The company had MID protypes on display at Computex yesterday and announced a short list of Moorestown platform partners, including two Taiwanese firms


Front page

Al Gore may visit N.K. for detained reporters
The United States Thursday did not rule out the possibility of former U.S. Vice President Al Gore flying to North Korea to negotiate the release of two American journalists detained for alleged illegal entry while reporting in the area, according to news reports.

N. Korean naval boat returns after standoff in S. Korean waters
A North Korean patrol boat intruded over the South Korean side of their western sea border on Thursday, but retreated after a standoff that lasted nearly an hour, an official here said, according to Yonhap News.

Business & Industry

ETF, ELW markets power KOSPI growth
Both the equity linked warrant and exchange traded fund markets are growing remarkably as Korea weathers the global economic slowdown, industry officials said yesterday.

Korea to enhance auto energy efficiency
The government will help automakers enhance energy efficiency in cars and offer incentives for businesses that save energy, officials said yesterday.


Front page

Time to ramp up trade between China, Malaysia
Asia is likely to climb out of recession faster than the West, throwing up new opportunities for Malaysia-China trade and investment, Prime Minister Datuk Seri Najib Razak said.

Unique design for Chinese mosque
The first Chinese Muslim mosque in Perak is set to stand out with a unique design that will incorporate the best of Islamic and Chinese architecture.

Business & Industry

Change at KTMB
Sources say Keretapi Tanah Melayu Bhd MD received his service termination letter from the Minister of Finance Inc last month

SP Setia enters China
The developer will build a mixed property development on a 10ha site in Hangzhou with a Chinese company


Front page

Just a few on Twitter do all the tweeting: study
A tiny fraction of those who use the fast-growing social network phenomenon Twitter generate nearly all the content, a Harvard study shows.

Rio ends Chinalco deal, plans US$15.2b rights issue
Global miner Rio Tinto scrapped its proposed US$19.5 billion tie-up with Chinese firm Chinalco on Friday and instead launched a heavily discounted US$15.2 billion right issue.

Business & Industry

China to encourage shipbuilders to list shares
China will support plans by qualified shipbuilders to list their shares and issue bonds, as part of an aid plan for the shipbuilding industry, the China Association of National Shipbuilding Industry said.

Reality check casts shadow on stocks
Stocks here fell yesterday after more officials warned of a lengthy slog to recovery in the global economy, prompting concerns among some investors that the recent market rally is in danger of fizzling out.


Front page

Carradine's mysterious death
American actor David Carradine has been found dead in a closet in his Bangkok hotel room in Bangkok but police are not yet ready to call it a suicide.

'Give us protection'
Two more teachers have been injured in a bomb blast in the South - and educators have stepped up demands for better safety.

Business & Industry

Chinalco 'set to scrap tie-up with Rio Tinto'
Chinalco will walk away after weeks of wrangling over the terms of the deal, according to the Financial Times website

ECB, BoE hold record low rates
While markets looked for unconventional moves to pull the eurozone and British economies out of deep recessions.


Front page

North Korea
violates South Korean waters amid high tension
South Korea says a North Korean patrol boat entered its waters around their disputed maritime border but backed off after nearly an hour following repeated warnings.

Business & industry
No new updates.

By: Staff Reporter
+44 20 8652 3214

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