In Thursday's Asia papers

03 September 2009 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

Ad market takes a further beating as clients cut back
Contractions in the advertising market continued at a fierce pace through the middle of the year as clients battered by the economic downturn made further cuts to their budgets.

Business & Industry

No new updates.

CHINA DAILY, China

Front page

Indonesia quake death toll reaches 42
The death toll from a powerful earthquake in Indonesia, which killed at least 42 people and forced thousands to flee buildings, is likely to rise.

Separatist speech fall flat in Europe
Rebiya Kadeer pitched her separatist tales in the European Parliament on Tuesday, but they appeared to be unpopular among European Union lawmakers.

Business & Industry

Euro firms' China woes highlighted
Officials and experts have disputed claims from the European Chamber of Commerce in China that say China's "protectionist measures" and lagging economic reforms have stifled the business environment for overseas firms.

China agrees to buy $50b IMF bonds
The International Monetary Fund (IMF) said on Wednesday that China has agreed to buy the first bonds issued by the agency for about $50 billion.

TAIPEI TIMES, Taiwan

Front page

Taiwan’s missile defense set for upgrade
The capabilities of Taiwan’s Patriot Air and Missile Defense System will be reinforced later this year by a major new contract awarded this week to US defense firm Raytheon.

China to unveil new secret missiles at Oct. 1 parade
China will unveil a range of unknown missiles during its Oct. 1 National Day parade, including intercontinental ballistic nuclear missiles, state media said yesterday.

Business & Industry

Acer upbeat on Q3 notebook PC sales
Shares of the world’s third-largest PC supplier, Acer Inc, rallied to a three-and-a-half-year high after the company said notebook computer shipments could rise by as much as 40 percent this quarter.

Impact of GPA accession still unclear: AmCham
A Taipei-based US business group said yesterday that the impact of Taiwan signing the WTO’s Government Procurement Agreement (GPA) on business was still unclear.

KOREA HERALD, South Korea

Front page

Roh allies launching political movement
After months in the wilderness, allies of the late former President Roh Moo-hyun are returning to the political scene.

Korea 2nd in OECD education index
Korea ranked second in terms of children's educational wellbeing among 30 Organization of Economic Cooperation and Development member states, according to a new report released Tuesday.

Business & Industry

Hyundai Steel opens low pollution storage system
Hyundai Steel said yesterday it had initiated an environment-friendly system that unloads, conveys and stores raw materials for steel manufacturing ..

Samsung, LG expand hiring; small firms cut recruiting plans
Most of the country's big businesses plan to maintain or increase their numbers of new recruits from last year.

NEW STRAITS TIMES, Malaysia

Front page

See you in court, Kedah govt tells election panel
The Pas-led state government has refused to accept the Election Commission's decision that no offence was committed by Kota Siputeh assemblyman Datuk Abu Hassan Sarif.

PM: I will give facts on petrol prices, subsidies
Prime Minister Datuk Seri Najib Razak said he will provide facts and figures to explain the pump prices of petrol and the subsidies incurred by the government.

Business & Industry

Rubber to rally on rising car sales in China
The cash price will probably trade from US$2 to US$2.50 (RM7.08 to RM8.85) in the second half of next year, says a trader at Marubeni

Analysts raise target for stock market
CIMB Research has raised its year-end's FTSE Bursa Malaysia KLCI target to 1,240 points while OSK Research has increased its index target to 1,144

BUSINESS TIMES, Singapore

Front page

Safeguards in place even if PAP loses: MM
There are many safeguards in place should the opposition manage to displace the People's Action Party at a future general election, said Minister Mentor Lee Kuan Yew yesterday evening.

Bleeding stops, speedy recovery sets in
Things are looking up for Singapore's economy, which may shrink far less than was feared until recently.

Business & Industry

Confirmed land sales poised for comeback
There is a 'definite possibility' that the government will re-introduce land sales through its confirmed list system from next year, Minister for National Development Mah Bow Tan said yesterday.

Defence moves to impeach own witness
Lawyers for fund manager Tan Chong Koay and his billion-dollar Malaysian fund Pheim Asset Management are moving to impeach a key witness - who dramatically appeared in court on Tuesday.

BANGKOK POST, Thailand

Front page

PM denies Puea Thai links
"Nonsense" is the word Democrat Party executives are using to describe reports of a coalition deal between their party and the opposition Puea Thai Party.

Walmsley suspect cleared
UPDATE: The Appeals Court has upheld the acquittal of a man accused of murdering Australian auditor Michael Wansley in Nakhon Sawan 10 years ago.

Business & Industry

Work begins on U-tapao upgrade
Work is finally under way to upgrade U-tapao, the Navy-operated airport that played a vital role in ferrying...

Brisk rice exports seen
Charoen Pokphand, the country's largest agribusiness conglomerate, says the country's rice exports this year should exceed 9 million tonnes...

JAKARTA POST, Indonesia

Front page

Nadal returns, beats Gasquet, at US Open
Everyone's been curious about the condition of Rafael Nadal's knees, so it made sense that his first Grand Slam opponent in three months would wonder as well.

Sources: YouTube may offer online movie
YouTube, Google Inc.'s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the talks.

Business & industry
No new updates.





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