In Monday's Asia Papers

11 August 2008 02:00  [Source: ICIS news]

ASAHI SHIMBUN, Japan

Front page

 

No new updates.

 

Business & Industry

 

No new updates.

 

CHINA DAILY, China

Front page

 

China, US celebrate Olympic gold rush

China and the United States celebrated their medal hauls on Sunday as Beijing Olympic competitions entered the second day.

 

Hu to Bush: Time to lift US ties to a higher level

China is ready to work with the US to take bilateral relations to a higher level in a sustained, healthy and stable manner, President Hu Jintao said Sunday.

 

Business & Industry

 

Energy intensity falls, call to do more

China's energy consumption per unit of GDP decreased by 2.88 percent year-on-year during the first half of this year, the government announced on Friday without giving immediate comment on the performance.

 

TAIPEI TIMES, Taiwan

Front page

 

Georgia calls for ceasefire amid escalating conflict

Georgia told the Russian ambassador yesterday that it had ceased fire in the Tskhinvali region of breakaway South Ossetia and was ready for immediate negotiations with Moscow on a "termination of hostilities."

 

Beijing police tighten security after stabbing

Police tightened security yesterday and resumed investigating the fatal stabbing of the father of a former Olympian, an attack that stunned the athletic community and embarrassed Chinese authorities determined to hold the most successful Summer Games ever.

 

Business & Industry

 

Notebook maker shipments looking up

The nation’s leading contract notebook manufacturers should see shipments increase 24 percent in the third quarter from the second quarter on the back of strong orders from major overseas PC vendors, Citigroup said on Friday.

 

Motor sector ‘Iron Lady’ Wu passes on at age 95

“Iron Lady” Vivian Shun-wen Wu, a legend in Taiwan’s motor industry and one of the nation’s wealthiest women, has died of heart and lung failure at the age of 95, her family said yesterday

 

KOREA HERALD, South Korea

Front page

 

S. Korean workers in Geumgang to pull out

A team of South Korean workers stationed at Mount Geumgang resort area will return today after a demand from the North, signaling an all-out suspension of the flagship inter-Korean project.

 

U.S. likely to delay lifting N.K. sanctions

Washington is likely to delay the removal of North Korea from the states sponsoring terrorism list of due to deadlocked negotiations over establishing a verification mechanism, sources said.

 

Business & Industry

 

Refiners cut gasoline prices

Local refiners cut supply prices of gasoline and other fuels for the third consecutive week as international oil prices declined.

 

Experts cautiously optimistic on oil price drop

Retreating oil prices have triggered hope that inflation has peaked. Some experts here say external factors blamed for much of the global market volatility, such as costs of fuel and grains, may have started a downward tend

 

NEW STRAITS TIMES, Malaysia

Front page

 

DPM: Contracts will be revised for rising prices

Existing government contracts will be revised to take into account the rising cost of construction materials, Deputy Prime Minister Datuk Seri Najib Razak said.

 

Call to cut tax on hybrid cars

The government should reduce taxes for hybrid cars to enable more people to buy these economical and environment-friendly vehicles, Honda Malaysia Sdn Bhd managing director and chief executive officer Atsushi Fujimoto said.

 

Business & Industry

 

Tourism goal may fall short

Tourism Malaysia expects Malaysia to attract 21.5 million tourists this year, one million shy of the initial target, a shortfall that may lead to RM2 billion loss in foreign receipts

 

Malaysia set to gain EU trade edge for wood products

Under the Malaysia-EU voluntary partnership agreement, all Malaysian logs, sawn timber, plywood and veneer exported to the EU will be considered legal

 

BUSINESS TIMES, Singapore

Front page

 

Google, Yahoo unveil parts of ad pact terms

Google Inc and Yahoo Inc released on Friday excerpts of a pact covering their search advertising partnership that keeps secret financial terms and the extent of other ties between the two.

 

Big stock trades may sail across dark pools

In the dog- eat-dog world of equities trading, big investors face a big problem: large orders placed on the exchange will adversely affect the price of the stock as other parties get wind of the deals and try to profit from them.

 

Business & Industry

 

Oil market tension to ease over next 2 yrs

Tension on global oil markets will ease over the next couple of years but will probably increase again after that, the head of the International Energy Agency (IEA) was quoted on Saturday as saying.

 

Commodities boom has ended: analysts

The commodities boom that just weeks ago looked unstoppable may have finally burned itself out.

 

BANGKOK POST, Thailand

Front page

 

'Missed the flight'

Ex-premier Thaksin Shinawatra and Khunying Potjamarn have fled to London and will not be back for their court cases, a close supporter said on Sunday after the couple failed to catch their scheduled flight back from Beijing to Bangkok.

 

Business & Industry

 

No new updates.

 

JAKARTA POST, Indonesia

Front page

 

No new updates.

 

Business & Industry

 

No new updates.

ICIS Copyright © Reed Business Information 2009

Author: Staff Reporter
+44 20 8652 3214

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