In Monday's Asia papers

31 August 2009 02:00  [Source: ICIS news]


Front page

DPJ takes power in landslide win
With chants of "change," the Democratic Party of Japan won control of government in the Lower House election Sunday in a historic victory that left the once-dominant Liberal Democratic Party in tatters.

Aso dug own grave with verbal gaffes, misjudgment
The sheer magnitude of the swing in votes and seats in Sunday's Lower House election cannot simply be written off as an electoral triumph for the Democratic Party of Japan.

Business & Industry

No new updates.


Front page

Japan's DPJ take power, challenges loom
Japan's next leader Yukio Hatoyama, fresh from a historic election win, faced the task Monday of forming a government to tackle challenges such as reviving the economy and steering a new course with Washington.

Dalai Lama urged to keep politics out
Taiwan officials said Sunday that they hope the Dalai Lama will stay clear of politics during his visit to comfort victims of Typhoon Morakot.

Business & Industry

Early signs of recovery in heartland
Less than a year after being in the eye of an economic storm, China's manufacturing heartland might at last be showing some signs of recovery.

Baosteel may buy 15% stake in Aquila
Baosteel's plan to buy a minor stake in an Australian iron ore miner, would in no way impact the ongoing iron ore price negotiations.


Front page

Dalai Lama emphasizes religious intent
The Dalai Lama reiterated the religious purpose of his trip prior to his arrival in Taiwan last night following an invitation from the heads of seven southern Taiwan cities and counties to host Dharma sermons for victims of Typhoon Morakot, which killed hundreds of people.

Kuei-Shan team advances to World Series
The Kuei-Shan little league baseball team from Taoyuan took advantage of six errors by Reynosa of Mexico and scratched out runs on a bunt single and a bases-loaded walk to win 9-4 and reach the Little League World Series final on Saturday.

Business & Industry

Thirst for electronic paper displays rises
As the number of applications for e-paper displays continues to grow, the sector’s global revenue could reach US$9.6 billion by 2018, analysts say

Property market set to drop 10% this month
Realtors are optimistic that a cross-strait financial agreement will be reached later this year, which they claim will give renewed momentum to the sector


Front page

Seoul seeks free flu vaccinations
The government is considering offering free vaccination for 9.1 million people against H1N1 flu virus, a ruling party official said yesterday.

Parties clash over agenda of regular Assembly session
The major political parties are preparing for a new parliamentary session opening Tuesday, with their eyes on the politically crucial by-elections of October.

Business & Industry

Korean firms take lead in market for car batteries
Korea's large businesses are vying to grab a bigger share of the battery market for electric and hybrid cars, which is expected to grow exponentially.

Tucson ix leads rivals in fuel economy
Hyundai Motor Co.'s new compact sport utility vehicle Tucson ix made its debut on the local market Tuesday.


Front page

Highway takeover report this year
The government hopes to complete an in-depth study before the end of the year on its plan to take over toll highways in the country.

MCA's vote of confidence at EGM
In a move to shore up support and resolve the political imbroglio in MCA, embattled party president Datuk Seri Ong Tee Keat will convene an extraordinary general meeting (EGM) next month.

Business & Industry

TNB lining up key jobs for hydropower plants
TNB president and chief executive officer Datuk Seri Che Khalib Mohamed Noh said the tender for the major civil work and mechanical and electrical (M&E) contracts will close by early next year. Bids are expected from consortiums of local and foreign companies.

S. Korean interest in Selangor Science Park
A South Korean property firm may invest RM1.5 billion to build hotels and a theme park in Selangor Science Park 2 (SSP2), an integrated development in Cyberjaya.


Front page

Sun sets on Japan's LDP after 54 years in power
COUNTING continued late last night in Japan's landmark general election but it was very clear that the nation had rebelled against its postwar political tradition and rejected the Liberal Democratic Party (LDP) that has been in power for over half a century.

Markets step into Sept with fingers crossed
Call it the Hungry Ghost effect, if you will. But it seems that September has historically been a 'cursed' month for stock markets.

Business & Industry

US rally may finally run out of gas
THE latest phase of the six-month long US stock market rally has shown remarkable resilience, as momentum driven trading continues to defy arguments that stocks are now overvalued by as much as 25 per cent.

US pay czar no stranger to big pay cheques
The 'pay czar' tasked by the US government with ruling on the eye-popping compensation of some of Wall Street's top earners is far from a stranger to big pay cheques and the trappings of wealth.


Front page

Biding their time
The red shirt leaders are expected to put off its anti-government protests until they can embarrass the government at the next Asean meetings in October.

Standing by his man
Prime Minister Abhisit Vejjajiva is sticking by Pol Gen Prateep Tunprasert for national police chief, inviting a showdown with the Police Commission.

Business & Industry

Siam Makro still sees opportunity
Siam Makro Plc, the local unit of the Netherlands-based cash-and-carry store operator SHV Holdings, expects its sales

Event marketing is one of the most effective ways of promoting a destination in Asia because it injects a strong human element...


Front page

Colombian president comes down with the H1N1 flu
President Alvaro Uribe has the swine flu and officials are contacting other South American governments whose leaders attended a summit last week with the Colombian leader, authorities said Sunday.

Lorenzo takes advantage of mistakes, wins at Indy
Jorge Lorenzo watched his top two rivals slide off the race course and out of contention Sunday.

Business & industry
No new updates.

By: Staff Reporter
+44 20 8652 3214

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