AsiaPulse News back issues from June 2005:
AUSTRALIA'S MULTIPLEX COMMITTED TO UK DESPITE WEMBLEY OWN-GOAL.
Jun 01, 2005 ... LONDON, June 1 Asia Pulse - Multiplex (ASX:MXG) is reassessing its UK portfolio but remains committed to its major British construction projects, despite losses associated with the construction of Wembley stadium. The Australian construction giant's reputation took a battering ...
AUSTRALIAN PM REAFFIRMS DETENTION POLICY FOR ASYLUM SEEKERS.
Jun 01, 2005 ... CANBERRA, June 1 Asia Pulse - Prime Minister John Howard says there is overwhelming support within the government for its hardline detention policy, despite the concerns of some backbenchers. Mr Howard has vowed the government will stand firm on mandatory detention for asylum ...
SOUTH KOREAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2005.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - The following are the top headlines in major Korean newspapers on June 1. VERNACULAR DAILIES - Chief of National Intelligence Service offers to resign (Kyunghyang Shinmun) - Korean, Japanese scholars divided over illegality of ...
COGNIZANT TOP US OUTSOURCING CO ON BUSINESS 2.0 MAG'S RANKING.
Jun 01, 2005 ... (Full text of a statement. Contact details below) TEANECK, NJ--(BUSINESS WIRE)--May 31, 2005--Cognizant Technology Solutions (NASDAQ:CTSH), a leading provider of IT services, today announced that Business 2.0 magazine has ranked it among the top 100 fastest-growing technology ...
INDIA'S SYSTAT, CYTEL SOFTWARE FORGE STRATEGIC ALLIANCE.
Jun 01, 2005 ... NEW DELHI, June 1 Asia Pulse - Cranes Software International (BSE:512039) said its wholly-owned subsidiary Systat Software has entered into a strategic tie-up with Cytel Software Corporation (Cytel). Systat Software, a provider of specialised scientific software products & ...
BRITESTREAM ACHIEVES CHECK POINT OPSEC CERTIFICATION.
Jun 01, 2005 ... (Full text of a statement. Contact details below) AUSTIN, Texas--(BUSINESS WIRE)--May 31, 2005--Britestream Networks, the leading provider of 100 percent SSL offload network security solutions, announced today its SSL offload network interface card (NIC) has achieved OPSEC(TM) ...
LAOS PROVIDES AMPLE SCOPE FOR INDIAN INVESTMENTS: AMBASSADOR.
Jun 01, 2005 ... VIENTIANE, June 1 Asia Pulse - With the transition of the Lao economy from a centrally-planned model to a market-oriented one, doors have been flung open for investments by Indian entrepreneurs and business interests in this tiny land-locked country. "There is considerable scope ...
GECIS TO OPEN FIFTH CENTRE IN SALT LAKE, KOLKATA.
Jun 01, 2005 ... KOLKATA, June 1 Asia Pulse - Gecis, formerly GE Capital International Services, would open its fifth centre at Salt Lake electronics complex in the city for which the West Bengal government would allot a three-acre plot there. Announcing this here Tuesday, president and CEO of ...
LEVI STRAUSS RELAUNCHES DOCKERS BRAND IN INDIA.
Jun 01, 2005 ... BANGALORE, June 1 Asia Pulse - Levi Strauss & Co. has "relaunched" Dockers brand in India with `never-iron' 100 officewear cotton pants. India is the only country outside of the US to launch these pants, and release the `Dress to Live' commercial simultaneosly with the US, ...
SAMSUNG, PICSEL STRIKE GLOBAL AGREEMENT.
Jun 01, 2005 ... (Full text of a statement. Contact details below) GLASGOW, Scotland--(BUSINESS WIRE)--May 31, 2005--Picsel Technologies, Ltd., a provider of solutions that enable intuitive interaction with rich content on small screen devices, and Samsung Electronics co., ltd., a leading mobile ...
STOCKS - KOSDAQ BEGINS WEAKER - JUNE 1, 2005.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - The KOSDAQ opened at 470.33, ...
ALSTOM TO INVEST US$39 MLN IN R&D UNIT AT INFOSYS.
Jun 01, 2005 ... BANGALORE, June 1 Asia Pulse - French power equipment major Alstom today said it was setting up a joint R&D centre with software giant Infosys Technologies (BSE:500209) here with an investment of US$39 million over the next three years to develop solutions focused for the fast growing ...
FOREX - US DOLLAR OPENS FIRMER VS WON - JUNE 1, 2005.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - The US dollar opens at 1009.80 won, ...
INDIA'S ICFAI TO EXPAND IN VARIOUS COUNTRIES.
Jun 01, 2005 ... COIMBATORE, June 1 Asia Pulse- As part of its efforts to emerge as an International University, the Institute of Chartered Financial Analysis of India (ICFAI) is exploring the possibilities of opening up Centres in various countries. A study is being carried out in the Middle ...
US FIRM PLANS TO EXPORT 40 AIRCRAFT FROM INDIA BY DEC.
Jun 01, 2005 ... BANGALORE, June 1 Asia Pulse - US-based IndUS Aviation Inc., today launched India's first aircraft showroom and general aviation (GA) facility here, and said it plans to export 35 to 40 Light Sport Aircraft (LSA) by December end. "We are looking to increase that number to 75 to ...
ZYDUS GROUP'S GERMAN REMEDIES LAUNCHES 'BETAFERON' IN INDIA.
Jun 01, 2005 ... MUMBAI, June 1 Asia Pulse- German Remedies, a part of the Zydus Group, has launched interferon beta-1b under the brand name `Betaferon' in India for the treatment of multiple sclerosis. The product, which is a subcutaneous injection, would be marketed in collaboration with ...
FAO FORECASTS GLOOMY OUTLOOK FOR SUGAR OUTPUT IN INDIA.
Jun 01, 2005 ... NEW DELHI, June 1 Asia Pulse - The Food and Agriculture Organisation has forecast gloomy prospects for sugar production in India saying this could lead to a high import demand due to output shortfall. "Sugar prices strengthened in 2004 and early 2005 reflecting a shortfall in ...
48 COS INCLUDING FOREIGN OIL MAJORS BID INDIAN OIL AND GAS BLOCK.
Jun 01, 2005 ... NEW DELHI, June 1 Asia Pulse - Forty-eight companies, including British Petroleum of the UK, Petronas of Malaysia, ENI of Italy, Reliance Industries and ONGC, have bid for 20 oil and gas blocks on offer under the fifth round of auction under NELP. ...
STOCKS - AUSTRALIAN SHARES BEGIN STRONGER - JUNE 1, 2005.
Jun 01, 2005 ... SYDNEY, June 1 Asia Pulse - The Australian share market has opened higher, shrugging off a weaker lead from Wall Street overnight. Brokers said even though the US market ended down, most of the related issues were specific to that market and had little impact here this morning. ...
INDIAN GOVT RULES OUT DIRECT TELECOM LINK WITH PAKISTAN FROM J&K.
Jun 01, 2005 ... SRINAGAR, June 1 Asia Pulse - The Government today ruled out lifting a ban on making international long distance calls to Pakistan from Jammu & Kashmir pending clearance from security agencies. "We can work within the parameters security agencies have allowed us. We are not ...
NOKIA TO PRODUCE MOBILE BASE STATION CONTROLLERS IN CHENNAI.
Jun 01, 2005 ... SRINAGAR, June 1 Asia Pulse - After making India one of its production centre for mobile handsets, Finnish telecom major Nokia today announced its plan to start manufacturing base stations controllers, a key mobile equipment, in Chennai. In April, Nokia announced its plant to ...
AUSTRALIA'S SANTOS TO SELL INDONESIAN MALEO FIELD RESERVES.
Jun 01, 2005 ... PERTH, June 1 Asia Pulse - Australia's third largest oil and gas producer Santos Ltd (ASX:STO) has signed a $A700 million ($US528.15 million) sales deal for its Maleo field in Indonesia. Santos, which owns 75 per cent of Maleo, has contracted to sell the field's entire reserves ...
APEC TRADE MINISTERS TO DISCUSS DOHA AGENDA, FREE TRADE IN JEJU.
Jun 01, 2005 ... JEJU, South Korea, June 1 Asia Pulse - Trade ministers of the Asia-Pacific Economic Cooperation (APEC) forum will kick off a two-day meeting here Thursday to discuss ways of boosting regional economic cooperation and global free trade, Seoul officials said Wednesday. The ...
STOCKS - SEOUL SHARES OPEN WEAKER - JUNE 1, 2005.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - South Korean stocks started lower Wednesday as foreign investors unloaded tech shares to take profits. The benchmark Korea Composite Stock Price Index (KOSPI) fell 3.01 points, or 0.31 per cent, to 967.20 in the first 15 minutes of trading. The ...
INDIA'S TVS MOTOR TO SET UP OVERSEAS ARMS FOR INDONESIAN FORAY.
Jun 01, 2005 ... CHENNAI, June 1 Asia Pulse- Two-wheeler major TVS Motor Company (BSE:532343) will set up two overseas subsidiaries to channel investments to its proposed manufacturing facility in Indonesia. The board of directors, at its meeting here on Monday, approved the proposal, TVS Motor ...
AUSTRALIAN MANUFACTURING PERFORMANCE SLOWS IN MAY.
Jun 01, 2005 ... SYDNEY, June 1 Asia Pulse - Weaker consumer spending, rising imports and a slowing housing sector have hit Australian manufacturing, a survey has found. The May Australian Performance of Manufacturing Index (PMI) fell 2.4 points to 50.5, with consumer-based manufacturers being ...
INDIA'S HDFC BANK WINS ASIAN BANKER EXCELLENCE AWARD.
Jun 01, 2005 ... MUMBAI, June 1 Asia Pulse - HDFC Bank (BSE:500180) has been awarded The Asian Banker Excellence in Retail Banking Risk Management Award in India for 2004 in recognition of its risk management abilities. The award recognizes excellence in products and processes in retail banking ...
ULEAD GAINS TOSHIBA ENDORSEMENT FOR HD DVD TECHNOLOGY.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) TAIPEI, Taiwan--(BUSINESS WIRE)--May 31, 2005--Ulead Systems, Inc., a 15-year industry leader in video, image and DVD software, has received the endorsement of Toshiba Corporation for the company's pioneering work in developing ...
HONG KONG NEWSPAPER HIGHLIGHTS - JUNE 1, 2005.
Jun 01, 2005 ... HONG KONG, June 1 Asia Pulse - Highlights of today's newspapers: SOUTH CHINA MORNING POST: - The central government yesterday accused Hong Kong journalist Ching Cheong of spying and said he had confessed to receiving a "large sum" for his espionage activities. ...
S. KOREAN EXPORTS INCREASE 11.8 PCT IN MAY.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - South Korea's export growth accelerated in May as demand for the country's goods in the United States, China and other economies remained relatively high, a government report showed Wednesday. Customs-cleared exports increased 11.8 per cent from a year ...
S. KOREA'S KOOKMIN BANK HEAD WARNS OF EXCESSIVE COMPETITION.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - South Korean banks are staging excessive competition to lure customers despite the economy's slow recovery, the chief of Kookmin Bank (KSE:060000) warned Wednesday. "Competition among banks in South Korea has become extreme despite the fact that there ...
PEPSICO TO PRESENT AT DEUTSCHE BANK GLOBAL RETAIL CONFERENCE.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) PURCHASE, N.Y., June 1 /PRNewswire-AsiaNet/ - PepsiCo, Inc. (NYSE: PEP) announced that President and Chief Financial Officer Indra Nooyi will present at the Deutsche Bank Global Retail and Consumer Conference in Paris at ...
THE SAATCHI & SAATCHI AWARD FOR WORLD CHANGING IDEAS.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) NEW YORK, June 1 /PRNewswire-AsiaNet/ - Innovation -- the inspirational act that changes the world for people in life-enhancing ways. This is the focus of a prize worth ,000 to be awarded by the global ideas company Saatchi & ...
WORLD'S LOWEST LATENCY AMD OPTERON PROCESSOR-BASED HPC SYSTEMS.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) TAIPEI, June 1 /PRNewswire-AsiaNet/ - IWILL Corporation, a leading manufacturer of high-end server, workstation and appliance solutions, and PathScale, developer of innovative software and hardware solutions to accelerate the ...
SIR IVAN THE 'PEACEMAN' TO BE FEATURED IN TV SHOWS IN EUROPE, US.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) NEW YORK, June 1 /PRNewswire/ - One of America's most colorful characters -- recording artist, peace advocate and New York personality, Ivan Wilzig (a.k.a. Sir Ivan) will be the subject of two separate television features this ...
INTENTIA TO ACCELERATE DELIVERY OF JAVA APPLICATIONS TECHNOLOGY.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) STOCKHOLM, June 1 /PRNewswire-AsiaNet/ - Intentia International AB (publ) (XSSE: INT B), the global ERP solutions provider, has aligned itself to accelerate the marketing and delivery of its Java-based Intentia Application ...
SINGAPOREAN TRADE DELEGATION VISITS OMAN.
Jun 01, 2005 ... SOHAR, June 1 Asia Pulse - The Singaporean trade delegation led by Noor Aini Noor Adeen, President of the Singaporean, Malaysian Chamber of Commerce yesterday visited Al-Batinah region. The guest and her delegation met with the chairman and members of the Oman Chamber of ...
GM DAEWOO DEBUTS STATESMAN SEDAN IN S.KOREA.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - GM Daewoo Auto & Technology Co., South Korea's fourth-largest automaker by market share, said Wednesday that it has launched a new luxury sedan in the local market. The Statesman is made by GM's Australian unit Holden, said GM Daewoo, established in ...
JAPANESE NEWSPAPER HIGHLIGHTS - JUNE 1, 2005.
Jun 01, 2005 ... TOKYO, June 1 Asia Pulse - Highlights of today's newspapers: NIKKEI NET: - Yahoo Japan Corp. (TSE:4689) has agreed to tie up with two Japanese brokerages in a move to add stock trading to the financial services it offers on its Web site as early as August, a spokesman ...
MALAYSIAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2005.
Jun 01, 2005 ... KUALA LUMPUR, June 1 Asia Pulse - Highlights of today's newspapers: BUSINESS TIMES: - A RM270 million (US$71.1 million) contract to renew ageing water pipes in Selangor state has embarrassed analysts promoting local pipe makers and called into question the sanctity ...
PHILIPPINE NEWSPAPER HIGHLIGHTS - JUNE 1, 2005.
Jun 01, 2005 ... MANILA, June 1 Asia Pulse - Highlights of today's newspapers: MANILA TIMES: - The Government Service Insurance System will proceed against 20 of its employees suspected of tampering with its records. - President Arroyo will take charge of government efforts ...
WORLDWIDE AVAILABILITY OF "XML MASTER PROFESSIONAL" CERTIFICATION.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) TOKYO, June 1 /Kyodo JBN-AsiaNet/ -- The XML Technology Certification Committee announced worldwide availability of the "XML Master Professional" exam today. The "XML Master Professional" exam is a prerequisite for the "XML ...
STOCKS - AUSTRALIAN SHARES FIRMER AT NOON - JUNE 1, 2005.
Jun 01, 2005 ... SYDNEY, June 1 Asia Pulse - The Australian stock market was higher at noon, with energy and resource stocks providing a lift for the local bourse, despite a negative lead from Wall Street. At 1200 AEST, the benchmark S&P/ASX200 index was up 7.3 points to 4113.7 while the all ...
STOCKS - JAPANESE SHARES START WEAKER - JUNE 1, 2005.
Jun 01, 2005 ... TOKYO, June 1 Asia Pulse - Share prices in Tokyo began softer early today, with the ...
ACCTON'S WITNET SOLUTIONS BRING ADVANCES IN SECURITY AND EFFICIENCY.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) HSINCHU, June 1 /Xinhua-PRNewsire/ - Accton Technology Corporation of Taiwan (TAIEX: 2345, www.accton.com ), global outsourcing partner for networking and communications solutions, today announced that it has successfully ...
FOREX - AUSTRALIAN DOLLAR STRONGER AT NOON - JUNE 1, 2005.
Jun 01, 2005 ... SYDNEY, June 1 Asia Pulse - The Australian dollar was firmer at noon but had slipped from its mid morning highs after the March quarter GDP data showed the economy, while rebounding, was still soft. At 1200 AEST the local currency was trading at $US0.7566/70, above yesterday's ...
STOCKS - HONG KONG SHARES BEGIN WEAKER - JUNE 1, 2005.
Jun 01, 2005 ... HONG KONG, June 1 Asia Pulse - Share prices in Hong Kong began 0.36 per cent weaker Wednesday with ...
SINGAPORE AIRLINES UPSET OVER DELAY IN AIRBUS A380 DELIVERY.
Jun 01, 2005 ... SYDNEY, June 1 Asia Pulse - Singapore Airlines, which will be the first airline to fly the new superjumbo Airbus A380 aircraft to Australia, today said it was disappointed that the manufacturer had delayed delivery of the planes. However, Singapore Airlines said it still ...
CHINA UNIONPAY CARD EXPECTED TO BE CASHABLE IN US, JAPAN.
Jun 01, 2005 ... BEIJING, June 1 Asia Pulse - China Unionpay card is expected to be cashable in the United States and Japan within this year, according to sources with the China Unionpay office. China Unionpay has recently signed an agreement with Discover Financial Service Inc (DFS) of the ...
YONHAP NEWS LAUNCHES JAPANESE-LANGUAGE NEWS SERVICE.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - Yonhap News Agency started filing real-time news stories in Japanese on Wednesday as part of ongoing efforts to strengthen its standing as an international news agency. The Japanese news team within Yonhap's World Service Department will file more than ...
STOCKS - SINGAPORE STOCKS UP IN EARLY TRADE - JUNE 1, 2005.
Jun 01, 2005 ... SINGAPORE, June 1 Asia Pulse - Singapore shares were higher in early trade, with the Straits ...
STOCKS - MALAYSIAN STOCKS UP IN EARLY TRADE - JUNE 1, 2005.
Jun 01, 2005 ... KUALA LUMPUR, June 1 Asia Pulse - The Malaysian sharemarket was up 0.29 per cent in early trade, with the Kuala Lumpur ...
CHINA'S CERAMIC EXPORT JUMPS 32.8 PCT IN Q1.
Jun 01, 2005 ... BEIJING, June 1 Asia Pulse - China's export of ceramics totaled US$984 million in the first quarter of 2005, surging by 32.81 per cent year on year, according to the customs statistics. Of the amount, the export of construction ceramics jumped by 49.95 per cent to reach US$220 ...
AUSTRALIA'S WEBJET SEES SURGE IN MAY TRANSACTION VALUE.
Jun 01, 2005 ... BRISBANE, June 1 Asia Pulse - Internet travel company Webjet Ltd (ASX:WEB) said its gross transaction value for May rose 450 per cent on the corresponding month last year. The company reported gross transaction values of A$8.2 million (US$6.2 million) last month compared to $1.8 ...
INDONESIAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2005.
Jun 01, 2005 ... JAKARTA, Jun 1 Asia Pulse - Highlights of today's newspapers: THE JAKARTA POST: - The fourth round of talks between the Indonesian government and Aceh rebels wound up on Tuesday, but failed to agree on the establishment of local political parties and the administering ...
BMW ENTERS CHINA'S AUTO RENTAL SERVICE MARKET.
Jun 01, 2005 ... SHENYANG, June 1 Asia Pulse - BMW has entered China's auto rental service market in Shanghai to satisfy the demand for high-grade cars, according to an agreement signed in Shanghai recently. The agreement was signed by Brilliance BMW Automobile Co., Ltd., Shanghai Yongda Auto ...
STOCKS - SEOUL SHARES RISE IN MORNING TRADE - JUNE 1, 2005.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - South Korean stocks rose slightly Wednesday morning on brisk foreign and program buying. The benchmark Korea Composite Stock Price Index (KOSPI) gained 0.58 points, or 0.05 per cent, to 970.79 as of 11:20 a.m., while the tech-laced KOSDAQ index was up ...
RAINFALL ONLY WAY RURAL EASTERN AUSTRALIA WILL SURVIVE: WESTPAC.
Jun 01, 2005 ... CANBERRA, June 1 Asia Pulse - Prime Minister John Howard has defended the government's A$250 million (US$189 million) drought package as a major bank warned only good rainfall would save rural eastern Australia from economic troubles. The warning from Westpac (ASX:WBC) came ...
ING INDUSTRIAL FUND BUYS 2 SITES IN NEW SOUTH WALES.
Jun 01, 2005 ... PERTH, June 1 Asia Pulse - Listed property trust ING Industrial Fund (ASX:IIF) has paid A$37.4 million (US$28.3 million) for a further two industrial properties in New South Wales. The acquisition of the Huntingwood Business Centre and a site adjoining the fund's Blacktown ...
CHINA SET TO RESUME YA PEAR EXPORTS TO THE US.
Jun 01, 2005 ... SHIJIAZHUANG, June 1 Asia Pulse - China's State Administration of Quality Supervision and the Department of Agriculture of the United States have recently signed Work Plan on Plant Quarantine on China's Ya Pear Export to the US in 2005-2006. This indicates that the barrier ...
FRANCE HOPES TO ATTRACT MORE INVESTMENT FROM CHINA, HK, TAIWAN.
Jun 01, 2005 ... BEIJING, June 1 Asia Pulse - An official from the French Foreign Investment Department disclosed that it would upgrade its Shanghai office to a headquarter for its Great China Area to attract more investment from the Chinese mainland, Hong Kong and Taiwan. France has ...
S. KOREAN CREDIT CARD SPENDING OVERSEAS HITS RECORD IN Q1.
Jun 01, 2005 ... SEOUL, June 1 Asia Pulse - South Koreans' overseas credit card use reached an all-time quarterly high in the January-March period as the Korean won's ascent against the U.S. dollar increased their buying power, the central bank said Wednesday. South Korean credit card spending ...
CHINA RAISES TAX ON COAL RESOURCES.
Jun 01, 2005 ... BEIJING, June 1 Asia Pulse - China's State Administration of Taxation announced on May 31 that the tax on coal resources in eight provinces and autonomous regions, namely, Henan, Anhui, Ningxia, Chongqing, Guizhou, Yunnan, Fujian and Shandong had been adjusted upward moderately since May ...
JAPAN'S MEIJI MACHINE TO MAKE FLOUR MILLS IN CHINA.
Jun 01, 2005 ... TOKYO, June 1 Asia Pulse - Meiji Machine Co. (TSE:6334) is entering the Chinese flour mill market in a bid to remain competitive with foreign rivals. The company has set up a wholly owned local subsidiary capitalized at 500 million yen (US$4.6 million) that by April 2006 will ...
ETRALI LAUNCHES MACH 3D, VISION AND JADE.
Jun 01, 2005 ... (Full text of a statement. Contact details below.) SINGAPORE, June 1 /Xinhua-PRNewswire-AsiaNet/ -- The High-Performance Dealing Products for High-Performance Trading Professionals in Asia Pacific Etrali will unveil TDM/IP Mach 3D, the most sophisticated trading ...