AsiaPulse News back issues from February 2008:
CATERPILLAR COMPLETES ACQUISITION OF SHANDONG SEM MACHINERY CO.
Feb 01, 2008 ... (Full text of a statement. Contact details below.) Caterpillar Completes Acquisition of Shandong SEM Machinery Co., Ltd. QINGZHOU CITY, Feb 1 /PRNewswire-AsiaNet/ -- Caterpillar will continue investing in employee development, product improvements and ...
NO TERRORISM LIST REMOVAL BEFORE N.K.'S DECLARATION: US ENVOY.
Feb 01, 2008 ... WASHINGTON, Feb 1 Asia Pulse - The top U.S. envoy to South Korea affirmed Thursday that his government will not remove North Korea from its list of terrorism-sponsoring states until the communist state provides a full declaration of its nuclear stockpile and activities. ...
ALL AIRSTRIPS IN INDONESIA MUST BE UPGRADED: MINISTER.
Feb 01, 2008 ... JAKARTA, Feb 1 Asia Pulse - Transportation Minister Jusman Syafii Djamal said that all airstrips in Indonesia should be upgraded to avoid undesired incidents such as the one that occurred with a Twin Otter plane at an airstrip in Paniai district, Papua, on Wednesday. "The ...
BALI NAMED "BEST EXOTIC DESTINATION" BY LUXURY TRAVEL MAGAZINE.
Feb 01, 2008 ... DENPASAR, Bali, Feb 1 Asia Pulse - The Indonesian resort island of Bali has again won "The Best Exotic Destination" award, this time from the London-based Luxury Travel Magazine, a tourism official said. "The readers of Luxury Travel Magazine in 27 countries have chosen Bali as ...
INDONESIAN GOVT TO FOCUS ON CONTROLLING INFLATION RATE: MINISTER.
Feb 01, 2008 ... JAKARTA, Feb 1 Asia Pulse - The Indonesian government will focus its attention on controlling the inflation rate in antcipation of the impact of risks arising from the interest rate cuts by the US Federal Reserve, a minister said. "Signs of the impact of the US economic slowdown ...
INDONESIAN MINISTRIES TOLD TO SLASH BUDGET SPENDING BY 15 PCT.
Feb 01, 2008 ... JAKARTA, Feb 1 Asia Pulse - The Indonesian government on Thursday asked ministries and state agencies to postpone or even slash their expenditures by up to 15 per cent of the budgets allocated to them as part of efforts towards the 2008 State Budget. The 15 per cent reduction ...
AGRICULTURE MINISTRY DENIES INDONESIA'S FOOD RESILIENCE LOW.
Feb 01, 2008 ... BOGOR, West Java, Feb 1 Asia Pulse - A senior Agriculture Ministry official has refuted the notion that Indonesia's food reslience is low, saying the country has several food crop varieties that provide resilience. "Our food resilience is high. We have various food varieties ...
INDONESIA'S NUMBER OF CELL PHONE SUBSCRIBERS GROWS 51 PCT.
Feb 01, 2008 ... JAKARTA, Feb 1 Asia Pulse - The number of cellular phone subscribers in Indonesia in 2007 rose 51 per cent to 96.41 million from a year earlier, a minister said. "The increase in the number of cellular phone and FWA (fixed wireless access) subscribers indicates that Indonesia ...
STOCKS - BOMBAY SHARES CLOSE LOWER - JAN 31, 2008.
Feb 01, 2008 ... MUMBAI, Jan 31 Asia Pulse - The Bombay Stock Exchange's benchmark Sensex index on Thursday fell by 110 points as market participants sold shares of companies mainly in real estate, banking, power and capital ...
AUSTRALIAN BOND MARKET OPENS WEAKER - FEB 1, 2008.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - The Australian bond market opened weaker today, tracking US Treasuries which found support early in the overnight session before reversing course as equities rallied. At 0830 AEDT, the yield on the Commonwealth Government February 2017 bond was at ...
AUSTRALIAN MANUFACTURING ACTIVITY FALLS FOR 1ST TIME IN 18 MTHS.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - Manufacturing activity has slipped for the first time in more than 18 months with volatility in financial markets blamed for the decline. The Australian Industry Group-PricewaterhouseCoopers Australian Performance of Manufacturing Index (PMI) fell by ...
AUSTRALIAN TREASURER SAYS STILL ROOM FOR TAX CUTS.
Feb 01, 2008 ... CANBERRA, Feb 1 Asia Pulse - Federal Treasurer Wayne Swan says there is still room for personal income tax cuts in the May budget. But he says the government needs to make additional expenditure savings to take pressure off inflation. "The most important thing the ...
AUSTRALIAN PM CALLS ON UNIONS TO SHOW WAGE RESTRAINT.
Feb 01, 2008 ... CANBERRA, Feb 1 Asia Pulse - Prime Minister Kevin Rudd has warned of "pain and difficulty" for Australians in this year's budget as he declared inflation to be public enemy No. 1. Mr Rudd promised that Labor would keep its promise of A$31 billion (US$27.77 billion) in tax cuts, ...
TAX CUTS NOT NECESSARLY INFLATIONARY: AUSTRALIAN MINISTER.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - The A$31 billion (US$27.77 billion) in tax cuts promised by the federal government will "not necessarily" exert pressure on inflation, Finance Minister Lindsay Tanner says. Mr Tanner said today the tax cuts pledged by the Labor opposition in the ...
AUST CO DEVELOPING MISSILE-ENABLED CATAMARANS FOR CHINESE NAVY.
Feb 01, 2008 ... CANBERRA, Feb 1 Asia Pulse - An Australian company is working directly with the Chinese navy to develop catamarans capable of firing missiles, an international policy institute says. The company, AMD Marine Consulting, is a naval architectural and marine engineering consulting ...
NEW SOUTH WALES CARBON TRADING WORKING GROUP TO MEET TODAY.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - A working group that will plan for the transition from the New South Wales Greenhouse Gas Abatement Scheme to a future National Emissions Trading Scheme will meet for the first time today. NSW Energy Minister Ian Macdonald said NSW was one of the first ...
FOREX - AUSTRALIAN DOLLAR OPENS FIRMER - FEB 1, 2008.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - The Australian dollar opened firmer today as a rally on Wall Street overnight signalled a rebound in risk appetite. At 0700 AEDT, the Australian dollar was trading at US$0.8968 72, up from yesterday's close of 0.8912/16. Overnight, the ...
VICTORIAN BUSINESSES, INVESTORS BRACE FOR LAND TAX RISES.
Feb 01, 2008 ... MELBOURNE, Feb 1 Asia Pulse - Thousands of Victorian business owners and property investors face massive land tax levels as the Victorian government removes a cap that limited annual land tax increases to 50 per cent. The move could reignite a major political issue that was ...
AUSTRALIA FACING "DIFFICULT TIMES": TREASURER.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - Federal treasurer Wayne Swan says the nation is facing "difficult times", and his government's first budget will be framed to tackle inflation. The budget, to unveiled in May, would contain initiatives aimed at winding down the record levels of ...
GAIL KELLY BEGINS TOP JOB AT AUSTRALIA'S WESTPAC.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - New Westpac (ASX:WBC) chief executive Gail Kelly started work today. Mrs Kelly succeeds David Morgan, who had been ...
KOREA EXCHANGE BANK'S 2007 EARNINGS FALL 5.9 PCT.
Feb 01, 2008 ... SEOUL, Feb 1 Asia Pulse - Korea Exchange Bank (KSE:004940), South Korea's fifth-largest lender, said Friday its earnings for 2007 declined 5.9 per cent from a year earlier, due mainly to higher provisions against risky loans. Net income amounted to 947.1 billion won (US$1 ...
OPEN INSURANCE, DEFENCE FOR FOREIGN INVESTMENT: INDIA'S ASSOCHAM.
Feb 01, 2008 ... NEW DELHI, Feb 1 Asia Pulse - A day after the Indian government liberalised foreign direct investment (FDI) norms for sectors such as civil aviation, commodity exchanges and petroleum, industry body Assocham has said insurance and defence sectors should also be opened for foreign ...
DABUR PHARMA RECEIVES INDIAN REGULATOR'S NOD FOR NANOXEL.
Feb 01, 2008 ... MUMBAI, Feb 1 Asia Pulse - Dabur Pharma Ltd (BSE:532545) on Thursday said it has got approval from the Drug Controller General of India (DCGI) for its anti-cancer drug delivery formulation 'Nanoxel' (nanoparticle paclitaxel) as an indication for three more types of cancer. The ...
AUST PASSENGERS SPEND NIGHT IN BUS SHELTER AS FLIGHTS CANCELLED.
Feb 01, 2008 ... MELBOURNE, Feb 1 Asia Pulse - A woman left stranded outside Sydney Airport overnight after the cancellation of her Jetstar flight to Melbourne says she spent the night curled up in a bus shelter. The passenger, identified only as Stacey, said the airline had a moral ...
AUSTRALIA'S SUNCORP TARGETS SYNERGIES OF US$291 MLN WITH PROMINA.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - Suncorp-Metway Ltd (ASX:SUN) says it will extract higher synergies from its A$7.9 billion (US$7 billion) merger with general insurer Promina Group, but that claims related to storms and floods will impact its insurance margins in fiscal year 2008. The ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - FEB 1, 2008.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - Highlights of today's newspapers: THE AUSTRALIAN FINANCIAL REVIEW: - The Australian sharemarket has suffered its worst month since the October 1987 crash, and fund managers are bracing for more volatility. - Businesses, buoyed by ...
CAIRN ENERGY LIFTS OUTPUT ESTIMATE FOR RAJASTHAN FIELD BY 25%.
Feb 01, 2008 ... NEW DELHI, Feb 1 Asia Pulse - Cairn Energy Plc of the UK on Thursday raised the production estimate for Mangala, its largest oilfield in Rajasthan, by 25 per cent. Potential plateau production from the Mangala field in Rajasthan, developed by Cairn's Indian unit, rose to 125,000 ...
INDIA'S XENITIS GROUP ROLLS OUT ENTRY-LEVEL MOTORCYCLE.
Feb 01, 2008 ... NEW DELHI, Feb 1 Asia Pulse - Aiming to capture 20 per cent of market share in the entry level domestic motorcycle segment by 2010, Kolkata-based Xenitis Group on Thursday announced the national roll-out of its sub-Rs 20,000 (US$508) bike. "We had set the standard in personal ...
STOCKS - AUSTRALIAN SHARES BEGIN HIGHER - FEB 1, 2008.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - The Australian sharemarket opened higher this morning following New York's surge overnight. At 1015 AEDT, all three Australian indices were up, the benchmark S&P/ASX200 by 50.3 points to 5,700.6, and the All Ordinaries by 50.0 points to 5,747.0. ...
US$6.22 BLN IN LOANS TO AID CITY RENOVATION PROJECTS IN TAIWAN.
Feb 01, 2008 ... TAIPEI, Feb 1 Asia Pulse - The government is urging housing developers to make use of a NT$200 billion (US$6.22 billion) loan program to engage in city renovation projects, Ministry of the Interior officials said Thursday. The officials with the ministry's Construction and ...
INDIAN OIL CORP IN TALKS WITH OIL MAJORS FOR OIL/GAS BLOCKS.
Feb 01, 2008 ... NEW DELHI, Feb 1 Asia Pulse - Indian Oil Corp (BSE:530965) is in talks with Exxon Mobil, Chevron and Reliance Industries (BSE:500325) for bidding for oil and gas blocks offered in the seventh round of the new exploration and licensing policy. "We are in talks with several ...
INDIAN BUDGET CARRIER GOAIR APPOINTS EDGARDO BADIALI AS CEO.
Feb 01, 2008 ... MUMBAI, Feb 1 Asia Pulse - Wadias-promoted GoAir on Friday said Edgardo Badiali has been appointed as the chief executive officer of the company. Badiali, a senior aviation professional with over 15 years of senior management experience, would report to GoAir managing director ...
HYNIX SEMICONDUCTOR RECORDS Q4 LOSS OF US$493 MLN.(Financial report)
Feb 01, 2008 ... SEOUL, Feb 1 Asia Pulse - South Korea's Hynix Semiconductor Inc. (KSE:000660), the world's second-largest maker of memory chips, said Friday that it posted bigger-than-expected losses in the fourth quarter of last year on tumbling chip prices. Hynix lost 465 billion won (US$493 ...
GSKCH PLANS TO INTRODUCE GLOBAL BRANDS INTO INDIA.
Feb 01, 2008 ... NEW DELHI, Feb 1 Asia Pulse - GlaxoSmithKline Consumer Healthcare (GSKCH) on Friday said it plans to introduce some of its global brands, including toothpaste Sensodyne, into India in the next three years to strengthen its position in the health and nutrition market here. The ...
TAIWAN WANTS AVIATION RIGHTS LISTED AS ASSETS OF AIRLINES.
Feb 01, 2008 ... TAIPEI, Feb 1 Asia Pulse - The Ministry of Transportation and Communications is expected to demand within a few days that aviation rights be listed among the assets of Taiwanese airlines in a bid to correct current practices which tend to underestimate the value of companies' net assets, ...
INDIA'S UNITECH IN TALKS WITH GLOBAL MAJORS FOR TELECOM VENTURE.
Feb 01, 2008 ... NEW DELHI, Feb 1 Asia Pulse - Realty firm Unitech (BSE:507878), which has received a pan-India license to offer mobile services, is in talks with global players from the US and the UK for a tie-up for its telecom venture. "Unitech will be tying up with an operating partner, who ...
INFOCOM SECURITY CERTIFICATE ISSUED TO BANKERS ASS'N IN TAIWAN.
Feb 01, 2008 ... TAIPEI, Feb 1 Asia Pulse - The first national info-communication security certificate has been issued to the Bankers Association for its digital signature generator, marking a great leap in Taiwan's protection of electronic commerce, government sources said Thursday. The device ...
INDIA'S TATA CHEMICALS TO BUY US-BASED GCIP FOR US$1 BLN.
Feb 01, 2008 ... MUMBAI, Feb 1 Asia Pulse - Tata Chemicals Ltd (BSE:500770) on Friday said it will acquire US-based General Chemical Industrial Products Inc (GCIP) for over US$1 billion. The company said it has entered into definitive agreements for acquiring GCIP for US$1.005 billion . ...
TAIWAN CONSTRUCTION AGENCY TO SPEND US$382 MLN IMPROVING SEWERS.
Feb 01, 2008 ... TAIPEI, Feb 1 Asia Pulse - The Construction and Planning Agency under the Ministry of the Interior will invest an additional NT$12.3 billion (US$382 million) this year to expand the coverage of the country's sewer systems, officials said Thursday. The amount will cover the cost ...
ACER FOUNDER TO VISIT PHILIPPINES TO PROMOTE ADOC 2.0.
Feb 01, 2008 ... TAIPEI, Feb 1 Asia Pulse - Acer founder Stan Shih's scheduled visit to Philippines March 5, will serve as a great opportunity to promote the second-phase "APEC Digital Opportunity Centre" (ADOC 2.0) initiative, an official of the Taiwanese Ministry of Foreign Affairs (MOFA) said Thursday. ...
TAIWAN TESTS DISPOSABLE CHOPSTICK IMPORTS FOR HARMFUL SUBSTANCES.
Feb 01, 2008 ... TAIPEI, Feb 1 Asia Pulse - The Bureau of Standards, Metrology and Inspection will sample disposable chopstick imports starting February 1 to ensure they do not contain excessive traces of potentially harmful chemicals, officials said Thursday. The measure is being taken at the ...
CHINESE AIRLINE GROUP GETS ROUTE TO TAIWAN BY ACQUISITION.
Feb 01, 2008 ... TAIPEI, Feb 1 Asia Pulse - A China-based airline group has indirectly obtained the right to fly its planes to Taiwan through acquiring a Hong Kong-based airline company, according to an Executive Yuan internal assessment report. Currently, there are no direct air transport links ...
TAIWAN FINDS WESTERN MEDICINE IN HERBAL MEDICINE FROM CHINA.
Feb 01, 2008 ... TAIPEI, Feb 1 Asia Pulse - The Consumers' Foundation has discovered that one out of four samples of herbal medicine from China contained Western medicine through inspections carried out in 2007, the foundation's president, Cheng Jen-hung, said Thursday. The foundation inspected ...
AUSTRALIAN INTEREST RATES EXPECTED TO CLIMB AGAIN IN FEBRUARY.
Feb 01, 2008 ... SYDNEY, Feb 1 Asia Pulse - Home owners struggling with mortgage repayments are tipped to cop yet another interest rate rise next week as the highest annual core inflation numbers in 16 years force the Reserve Bank of Australia to act. But worries about a US recession could ...
INDIA'S GMR INFRA CONSORTIUM WINS NEPAL HYDRO CONTRACT.
Feb 01, 2008 ... MUMBAI, Feb 1 Asia Pulse - GMR Infrastructure (BSE:532754) on Thursday said a consortium led by its wholly-owned subsidiary GMR Energy has secured a contract from the Nepal government to develop a 300 MW hydroelectric project in that country. Power from the 300 MW Upper Karnali ...
STOCKS - TOKYO SHARES START SOFTER - FEB 1, 2008.
Feb 01, 2008 ... TOKYO, Feb 1 Asia Pulse - Tokyo shares began 0.55 per cent weaker Friday, with the ...
FOREX - US DOLLAR OPENS FIRMER AGAINST WON - FEB 1, 2008.
Feb 01, 2008 ... SEOUL, Feb 1 Asia Pulse - The U.S. dollar opened at 944.0 won Friday, ...
HONG KONG NEWSPAPER HIGHLIGHTS - FEB 1, 2008.
Feb 01, 2008 ... HONG KONG, Feb 1 Asia Pulse - Highlights of today's newspapers: SOUTH CHINA MORNING POST: - Hong Kong and mainland stocks completed one of their worst trading months yesterday as investors were unconvinced another US interest-rate cut would help the ailing global ...
CHINA REMAINS WORLD'S LARGEST STAINLESS STEEL PRODUCER IN 2007.
Feb 01, 2008 ... BEIJING, Feb 1 Asia Pulse - China remained the world's number one producer of stainless steel last year, taking up more than one quarter of global output, figures from the China Iron and Steel Association (CISA) have shown. China churned out some 7.2 million tonnes of stainless ...
CHINA'S OIL OUTPUT, CONSUMPTION BOTH HIT RECORD HIGHS IN 2007.
Feb 01, 2008 ... BEIJING, Feb 1 Asia Pulse - China scored new highs both in oil output and consumption in 2007, boosted by the robust growth momentum of its economy. Sources with the China Petroleum and Chemical Industry Association, the industrial association of the country's petroleum and ...
INDIAN STEELMAKER JSW TO LIST UNIT IN LONDON.
Feb 01, 2008 ... NEW DELHI, Feb 1 Asia Pulse - Indian steelmaker JSW (BSE:500228) is planning to list an international mining unit in London, the first ever move by an Indian steel major, according to a leading British business daily. "JSW Steel is planning to list an international mining unit ...
GIANT DRUGMAKER TO GIVE FREE CANCER DRUG TO THAI PATIENTS.
Feb 01, 2008 ... BANGKOK, Feb 1 Asia Pulse - In a major breakthrough on the final days of the outgoing interim government, a giant pharmaceutical firm has agreed to provide a life-saving drug, Imatinib, free, to cancer patients under the universal healthcare scheme in exchange for Thailand opting to not ...
CHINA'S JAN CPI RISE SEEN TO HOLD STEADY AT 6.5% DESPITE SNOW.
Feb 01, 2008 ... BEIJING, Feb 1 Asia Pulse - Despite heavy snow in most parts of southern China, the country's consumer price index (CPI) may grow 6.5 per cent year-on-year in January, roughly the same as the December, Chen Xiwen, head of the Office of the Central Leading Group on Rural Work, said on ...
ASIA-PAC INVESTORS BELIEVE THAI INVESTMENT CLIMATE WILL IMPROVE.
Feb 01, 2008 ... BANGKOK, Feb 1 Asia Pulse - Most investors in Asia-Pacific countries are confident that the overall investment atmosphere in Thailand this year will improve from that of last year, according to a survey of opinions by ING Group. ING Funds (Thailand) managing director Maris ...
HOUSING PRICES IN MAJOR CHINESE CITIES CLIMB 10.2 PCT IN Q4.
Feb 01, 2008 ... BEIJING, Feb 1 Asia Pulse - Housing prices continued to soar in China's major cities in the fourth quarter, official figures released on Thursday show. The average housing price in China's 70 large-and medium-sized cities climbed 10.2 per cent in the fourth quarter from the same ...
UAE CENTRAL BANK CUTS INTEREST RATE TO 3.0 PCT.
Feb 01, 2008 ... ABU DHABI, Feb 1 Asia Pulse - The Central Bank of the UAE has announced that it has lowered the interest rate on its repurchase of Central Bank CDs (Repo) from 3.50 per cent to 3 per cent from Thursday. A bank press release said today the new slash was in line with the new level ...
CHINESE AIR FORCE FLIES RELIEF MATERIALS TO SNOW-HIT AREAS.
Feb 01, 2008 ... BEIJING, Feb 1 Asia Pulse - By 6 p.m. Thursday, four Chinese air force Ilyushin II-76 military transport aircraft had finished their missions of flying relief materials to southern areas affected by severe winter weather. The People's Liberation Army (PLA) announced on early ...
VIETNAM IND. ZONE OPERATOR POSTS US$48.4 MLN IN Q4 EARNINGS.(Financial report)
Feb 01, 2008 ... HANOI, Feb 1 Asia Pulse - The Song Da Industrial Zone and Urban Development and Investment JSC (Sudico) generated a turnover of 379.36 billion VND (US$23.8 million) in the fourth quarter last year, an increase of 25.6 per cent over ...
GERMANY ENCOURAGES BUSINESSES TO INVEST IN VIET NAM.
Feb 01, 2008 ... BERLIN, Feb 1 Asia Pulse - Viet Nam is an appealing destination for German businesspeople, an official from the German Industry and Commerce Viet Nam (GICVN) said. At a symposium on the Vietnamese economy and opportunities in Vietnamese market held by the Sachsen Anhalt Chamber ...
VIETNAM'S LARGEST DIAMOND TRADING CENTRE OPENS.
Feb 01, 2008 ... HANOI, Feb 1 Asia Pulse - Vietnam's largest diamond trading centre, Diamond House, has opened at 44 Le Ngoc Han street, Hanoi. The centre has over 3,000 types of diamond jewelry. The ...
STOCKS - SEOUL SHARES OPEN HIGHER - FEB 1, 2008.
Feb 01, 2008 ... SEOUL, Feb 1 Asia Pulse - South Korean stocks opened substantially higher Friday as foreign and retail investors snapped up shipbuilder, construction and other large-cap issues, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) rose 14.99 points, or 0.92 per ...
CHINESE ASS'N DENIES RUMOURS OF "CEILING" IN IRON ORE TALKS.
Feb 01, 2008 ... BEIJING, Feb 1 Asia Pulse - The China Iron and Steel Association has denied market rumour that it has set a 30 per cent ceiling price rise in talks with iron ore suppliers, according to a report in Thursday's China Securities Journal. Association vice chairman Luo Bingsheng said ...
CABLE DISRUPTION IN THE MED DISRUPTS INTERNET SERVICES IN INDIA.
Feb 01, 2008 ... NEW DELHI, Feb 1 Asia Pulse - Internet services have been disrupted throughout India on Friday following a major international cable breakdown in the Mediterranean sea. Nearly 50-60 per cent capacity remained down in the country following the damage of SEA-ME-We 3 and SEA-ME-WE ...
VIETNAMESE CO COMPLETES SECOND 53,000 TONNE FREIGHTER.
Feb 01, 2008 ... QUANG NINH, Feb 1 Asia Pulse - The Ha Long Shipbuilding Company in the northern province of Quang Ninh on January 31 handed over the key of a 53,000 tonne freighter, the second of its kind so far, to the Graig group of the UK. The Blue Diamond freighter was designed by the Carl ...
CHINA MOBILE ADDS 10 YUAN TO STRANDED PASSENGERS' ACCOUNTS.
Feb 01, 2008 ... BEIJING, Feb 1 Asia Pulse - Train services have been interrupted by snow, but China is making sure that telecommunications services don't suffer the same fate. State-owned China Mobile (SEHK:0941, NYSE:CHL) has added 10 yuan (US$1.39) to the account of every mobile phone user ...