China Weekly News back issues from March 2009:
Personal Experience With Japanese People and Products Strongest Influencers on American Perceptions of Japan According to New Survey.(Company overview)
Mar 03, 2009 ... An overwhelming majority of Americans who have a direct experience with Japanese people or products are positively shaped by the relationship according to the 2009 National Survey: American Perceptions of Japan released by the Japan America Society of Southern California as part of its ...
Herbalife Promotes William Rahn to Head Asia Pacific Region.
Mar 03, 2009 ... Herbalife Ltd. (NYSE:HLF) announces the promotion of William M. Rahn to managing director of the companyEs Asia Pacific region. Based in Tokyo, Rahn assumes responsibilities for the regionEs 12 countries including Australia, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, ...
High Growth Forecasted for the Global LNG Regasification Industry.
Mar 03, 2009 ... Reportlinker.com announces that a new market research report is available in its catalogue. Global LNG Regasification Industry To 2015: Investment Opportunities, Analysis and Forecasts of All Active and Planned Regasification Terminals ...
China Valves Expects Government Support for Infrastructure Projects and China's Equipment Manufacturing Sector to Help the Valve Industry.
Mar 03, 2009 ... China Valves Technology, Inc. (BULLETIN BOARD: CVVT) ("China Valves'' or the ''Company"), a leading metal valve manufacturer with operations in the People's Republic of China (the ''PRC''), announced that it expects the Chinese government's recently announced plans to develop ...
China Security & Surveillance Announces Factoring Service Agreement with ICBC for the Kunming Safe City Project.
Mar 03, 2009 ... China Security & Surveillance Technology, Inc. ("China Security" or "CSST" or the "Company") (NYSE: CSR; Nasdaq Dubai: CSR), a leading provider of digital surveillance technology in the PRC, announced that the Industrial and Commercial Bank of China ("ICBC") - the biggest corporate bank in ...
Polo Ralph Lauren to Assume Direct Control of Distribution in Southeast Asia.
Mar 03, 2009 ... Polo Ralph Lauren Corporation (NYSE: RL) announced it has reached an agreement to assume direct control of its wholesale and retail distribution in Southeast Asia from its licensee, Dickson Concepts International Limited, beginning January 1, 2010. Dickson Concepts International Limited ...
Rogers Corporation Reports 2008 Year-End and Fourth Quarter Results.(Financial report)
Mar 03, 2009 ... Rogers Corporation (NYSE:ROG) announced net sales for the full year 2008 of $365.4 million, a decrease of 11.5% from the $412.7 million sold in 2007. Full year net income for 2008 was $1.67 per diluted share an increase of 26.5% over the $1.32 earned for the full year 2007. Fourth quarter ...
Former PricewaterhouseCoopers Executive Joins China Housing & Land Development as Independent Director and Chairman of the Audit Committee.
Mar 03, 2009 ... China Housing & Land Development, Inc., (NASDAQ:CHLN) announced that Mr. Albert S. McLelland has been elected as an independent director of the Company. Mr. McLelland also will serve as the Chairman of the Audit Committee of the Board of Directors. Mr. McLelland, 60, has been ...
KYOCERA Breaks Ground on New Solar Module Plant in China.
Mar 03, 2009 ... Kyocera Corporation (NYSE:KYO)(TOKYO:6971) announced the construction of a new solar module manufacturing plant in Tianjin City, China in order to expand production capacity at KYOCERA (Tianjin) Solar Energy Co., Ltd. (herein Kyocera Tianjin Solar). Construction of the new plant ...
China VoIP & Digital Telecom Inc. Subsidiary Sponsors the 11th National Games of China.
Mar 03, 2009 ... China VoIP & Digital Telecom Inc.'s (BULLETIN BOARD: CVDT) , wholly owned subsidiary Jinan Yinquan Technology (Yinquan), announced that it has signed an agreement to become the official sponsor of China's 11th National Games (the National Games). More importantly, the company's ...
SenSage Named Leader in Japanese Market for SIEM and Log Management.
Mar 03, 2009 ... Enterprise software leader SenSage, Inc. has earned the top spot in market share for security log management software in Japan, according to a report by Japanese market analysis firm ITR Corporation. The study of nearly 30 vendors that compete in the security log management ...
Vietnam Education Foundation Announces New Chairman of the Board.
Mar 03, 2009 ... The Vietnam Education Foundation (VEF) proudly announces the appointment of Dr. Stephen F. Maxner as Chairman of its Board of Directors. Maxner has served as Director of the Vietnam Center, Texas Tech University (TTU), since July 2007. After serving six years in the United ...
Starwood Hotels & Resorts Announces Five New Projects in China.
Mar 03, 2009 ... Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT), the largest international upscale hotel operator in China with 47 existing properties, announces the addition of five new hotels to its growing portfolio. The new signings include the first St. Regis resort in Sanya; the first St. Regis ...
First Doubletree by Hilton in Eastern China Now Open near Kunshan and Shanghai.
Mar 03, 2009 ... Hilton Hotels Corporation has announced the opening of Doubletree by Hilton Huaqiao/Kunshan, the first Doubletree by Hilton branded hotel in East China. The newly built, 397-room hotel is located in the new Huaqiao Central Business District, which is strategically located between Shanghai ...
NERA Releases Report on Intellectual Property Litigation and Damages Trends in China.
Mar 03, 2009 ... Though intellectual property rights (IPR) infringement damage awards continue to be small in China, the number of IPR awards appear to be increasing and foreign firms seem to be faring better in Chinese courts than Chinese firms, according to a report released from NERA Economic ...
Asia Week's Annual New York Arts of Pacific Asia Show To Take Place As Scheduled.
Mar 03, 2009 ... Despite rumors circulating in the Asian antiques and fine arts communities in Europe and Asia, the 15-year-old New York City fine arts fair, Arts of Pacific Asia, has not been cancelled. The Show will take place as scheduled March 14-18, in the midst of New YorkEs Spring Asia Week Auctions ...
China Construction Bank Received License to Operate New York Branch.
Mar 03, 2009 ... China Construction Bank today received an official license from the New York State Banking Department to operate a branch in New York. Representatives from the New York State Banking Department, Federal Reserve Bank New York, China Construction Bank and Sidley Austin LLP attended today's ...
InvestorsInsight Publishing Releases Position Paper: 'A Case for Investing In China'.
Mar 03, 2009 ... InvestorsInsight Publishing, Inc., www.investorsinsight.com, a financial publishing company that delivers an array of unique economic, financial and investment intelligence to one of the largest communities of highly informed investors on the Internet, announced that it has released a ...
Suntech Acquires Minority Stake in Asia Silicon for $8.1 Million.
Mar 03, 2009 ... Suntech Power Holdings Co., Ltd. (NYSE:STP), one of the world's leading manufacturers of photovoltaic (PV) cells and modules, announced that it has recently acquired a minority stake in Asia Silicon Co., Ltd. from an existing shareholder for a total consideration of approximately $8.1 ...
Merrill Lynch Fund Manager Survey Finds Chinese Economic Optimism Fuelling Improved Growth Outlook.
Mar 03, 2009 ... Fresh optimism over China's growth prospects has led to a marked improvement in economic sentiment globally, according to the Merrill Lynch Survey of Fund Managers for February. Investors are at their most hopeful about the year ahead since the credit crunch took hold in July ...
Taiwan Server Industry Leaders Select LSI as 6Gb/s SAS Technology Partner as Market Readies for 2009 Adoption.
Mar 03, 2009 ... LSI Corporation (NYSE: LSI) announced that Taiwan server industry leaders Acer, ASUS, GIGABYTE, Inventec, MSI, Quanta Computer and TYAN have selected LSI as a 6Gb/s SAS technology partner, and are working closely with the company to apply LSI(TM) SAS and MegaRAID(R) technology to their ...
Underwriters Laboratories Expands Global Photovoltaic Footprint to China.
Mar 03, 2009 ... Underwriters Laboratories, a world leader in product safety testing and certification, announced the expansion of its global photovoltaic testing services to Suzhou, China, where it will open a Photovoltaic Technology Center of Excellence. The new facility, set to open on February 26, ...
H.B. Fuller Announces Grand Opening of Asia Pacific Technology Center.
Mar 03, 2009 ... H.B. Fuller Company (NYSE: FUL) announced the opening of its regional technical center in Shanghai Zhangjiang Hi-Tech Park, China. The new lab, part of the companyEs five-year strategic plan, will promote in-market innovation and customer intimacy in the Asia Pacific region. This is the ...
Nature's Sunshine Declares Quarterly Cash Dividend.
Mar 03, 2009 ... NatureEs Sunshine Products, Inc., a leading manufacturer and marketer of encapsulated herbs and vitamins, today declared a 5 cents per common share quarterly cash dividend payable March 10, 2009 to shareholders of record on February 27, 2009. The Company has declared consecutive ...
AVEVA: 10 Years of Continual Progression in Japan.(Company overview)
Mar 03, 2009 ... AVEVA's (LSE:AVV) subsidiary in Japan will be celebrating its 10th anniversary in February 2009. AVEVA K.K., based in the Yokohama Business Park, will be hosting a dinner reception to thank the company's loyal customers for their decade of support. AVEVA is a leading ...
Sirius International Food and Beverage Group Becomes Exclusive Johnny Rockets Franchise Partner in Taiwan.
Mar 03, 2009 ... Aiting Shih's family has been in the Taiwanese real estate business for more than 30 years. Now, Aiting, Founder and CEO of Sirius International Food and Beverage Group, is applying her family know-how and intuition to become the first Johnny Rockets franchisee in her home country of ...
Navajo Wind Energy Secures Additional 200 MW Project Site in China.
Mar 03, 2009 ... Navajo Wind Energy Corp. (the oCompanyo and formerly Caliber Energy Inc.) (Pink Sheets: CLBN), today is pleased to announce that it has secured a new 200 MW wind site located in Xinjiang, China. This site is situated on 6,200 acres and is in an area with proven, high-energy wind speeds ....
Steel Partners Withdraws Proposal to Acquire 33.3% of Sapporo Citing Company's Ever-Worsening Performance and Refusal to Negotiate.
Mar 03, 2009 ... Steel Partners Japan Strategic Fund (Offshore), L.P. (oSteel Partnerso) today delivered to Sapporo Holdings Limited (TOKYO:2501) (oSapporoo or the oCompanyo) a letter stating that it is withdrawing its current proposal to acquire 33.3% of the outstanding voting rights of Sapporo at ...
China Natural Gas Announces Exclusive Agreement with Xi'an Baqiao Science and Technology Industrial Park.
Mar 03, 2009 ... China Natural Gas, Inc. (OTC Bulletin Board: CHNG), one of the leading providers of compressed natural gas (CNG) for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi'an, China, announced that it has entered into an agreement with the management ...
JAL Hotels Announces Luxury Hotel Nikko Saigon Will Open in 2011.
Mar 03, 2009 ... JAL Hotels Co., Ltd. announced plans today to open a new Nikko Hotels International luxury hotel, to be built in Ho Chi Minh City, Vietnam's largest city. Hotel Nikko Saigon, which will be built in a large, newly-developed commercial complex, Royal Centre Project, in Ho Chi Minh ...
Meetic and Match.com Announce European Partnership.
Mar 03, 2009 ... IAC (NASDAQ:IACI) and Meetic, a leading European online dating company based in France, announced that they have entered into an agreement for Meetic to acquire Match.com's European operations from IAC. IAC will sell 100% of the stock of the entity that houses Match.com's ...
RealNetworks and China Telecom Deliver First Mobile Information Service to Sichuan Telecom Subscribers.
Mar 03, 2009 ... Today from GSMA Mobile World Congress 2009, RealNetworks(R), Inc., (RNWK) the digital entertainment services company, announced that-with Sichuan Telecom, a subsidiary of China Telecom-they deployed a Mobile Information Push Portal (MIPP) Service to Sichuan Telecom's five ...
Asia and Latin America Offer a Great Potential for Formaldehyde Market Growth.
Mar 03, 2009 ... According to the research eFormaldehyde: 2009 World Market Outlook AND ForecastE (http://mcgroup.co.uk/researches/F/08800///Formaldehyde) by Merchant Research & Consulting, world formaldehyde market will be growing around 3% a year with Asia Pacific and Latin America being the major ...
OBN Holdings Acquires Kyodo USA.
Mar 03, 2009 ... OBN Holdings (Pink Sheets:OBNI) announces the acquisition of Kyodo USA, Inc. (oKyodoo), a commodity trading company that currently purchases pork products from Mexico and exports the products to Japan. oThe acquisition of Kyodo USA provides significant growth opportunities to OBN ...
Asian Financial Announces Results for Second Quarter Fiscal 2009.(Financial report)
Mar 03, 2009 ... Asian Financial, Inc. ("Asian Financial", or the "Company"), a leading offset printing equipment supplier in China, through its wholly-owned operating subsidiary, Duoyuan Digital Press Technology Industries (China) Co., Ltd. ("Duoyuan"), announced its financial results for the three and ...
JSAT MOBILE is Granted License to Offer BGAN and FleetBroadband Services in Japan.
Mar 03, 2009 ... Stratos Global Corporation (Stratos) announced that JSAT MOBILE Communications Inc. (JSAT MOBILE) has been granted a radio license by the Kanto Bureau of the Japanese Ministry of Internal Affairs and Communications. The license authorizes JSAT MOBILE to offer Inmarsat BGAN and ...
Qatar Telecom Qtel Q.S.C. Announces Final Results of Tender Offers in Indonesia and the United States.
Mar 03, 2009 ... Qatar Telecom (Qtel) Q.S.C. ("Qtel") announced the final results of its concurrent tender offers, through its wholly-owned subsidiary Indonesia Communications Pte. Ltd., to acquire Series B Shares of PT Indosat Tbk. (IDX: ISAT; NYSE: IIT), an Indonesian company ("Indosat" and, such shares, ...
Supply Chain Innovator Joins China Export Finance - Lionel Taylor Confirmed as COO.
Mar 03, 2009 ... Lionel Taylor has been appointed Chief Operating Officer of China Export Finance (CEF). Lionel will have responsibility for operations, credit, risk management and product strategy. A leading figure in supply chain finance, Lionel is well known for his innovative ...
modu Secures $38.5 Million Initial Order to Bring Its Mobile Phone Ecosystem to Southeast Asia.
Mar 03, 2009 ... modu, inventor of the worldEs lightest mobile phone, announced an exclusive agreement with Lynk Communications to distribute moduO phones and moduO jackets u stylishly designed phone enclosures u in the Philippines, with agreements in several other countries in the region to be announced ...
New Postcom Picks Wintegra for 3G and 4G Wireless Equipment in China.
Mar 03, 2009 ... New Postcom Equipment Co. Ltd., a leading supplier of TD-SCDMA handsets and base stations in China, announced at the Mobile World Congress that it has chosen Wintegra for its next generation TD-LTE (Long Term Evolution) base stations. New Postcom will also work closely with Wintegra to ...
China Agritech, Inc. to Acquire Remaining Interests in Pacific Dragon Fertilizer Co., Ltd.
Mar 03, 2009 ... China Agritech, Inc. (BULLETIN BOARD: CAGC) ("CAGC" or "the Company"), a leading national-level liquid organic compound fertilizer manufacturer and distributor in China, announced that its wholly owned subsidiary, Tailong Holding Company Limited (''Tailong''), recently signed definitive ...
Columbus McKinnon Names Robert Clare to Serve as Managing Director - Asia Pacific.
Mar 03, 2009 ... Columbus McKinnon Corporation (NASDAQ:CMCO) a leading designer, manufacturer and marketer of material handling products, has named Robert S. Clare to the newly created position of Managing Director - Asia Pacific. For the past two years, Mr. Clare was the European Business ...
Despite global economic crisis, 47% of China suppliers expect double-digit growth in 2009.
Mar 03, 2009 ... China's suppliers remain optimistic about sales growth prospects in 2009, with 47% of executives expecting sales growth of 10% or more in 2009. This is according to a survey conducted by Global Sources' (NASDAQ:GSOL) Chief Executive China magazine ( http://www.ceconline.com/ ) early this ...
Global Chinese Financial Forum to Feature Mantra Venture Group's electro-reduction of carbon Technology.
Mar 03, 2009 ... Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is scheduled to continue positioning itself at the forefront of pioneering sustainability initiatives through its attendance at the 10th Annual Vancouver Conference 2009 held by the Global Chinese Financial Forum (GCFF). The ...
JBT Corporation Announces Major Ground Support Equipment Order in China.
Mar 03, 2009 ... JBT Corporation (NYSE:JBT) announced that its JBT AeroTech business has been awarded contracts by China Southern Airlines for airport ground support equipment totaling $6.4 million. The order includes the supply of JBT AeroTech's Commander 15i and 30i cargo loaders and Expediter towbarless ...
Morpace Reports: U.S. Consumers Not Aware of Chinese-made Automobiles.
Mar 03, 2009 ... The majority of U.S. consumers are not aware that Chinese automakers are planning to bring their products to the North American markets, according to a recent Morpace Omnibus survey. "In spite of successfully generating hype among the press and industry experts at the North ...
NCsoft Announces 2008 Fiscal Year Results.(Financial report)
Mar 03, 2009 ... NCsoft[R] Corporation (KSE: 036570.KS) reported earning results for 2008. On a consolidated basis, sales came to KRW 346.6 billion (US$ 248.6 million), operating profit KRW 42.2 billion (US$ 30.3 million), and net profit KRW 27.2 billion (US$ 19.5 million). Sales increased 5% year over ...
TRADE NEWS: Agilent Technologies, ASTRI, PicoChip Demonstrate Design and Test of TD-LTE Femtocell at 2009 Mobile World Congress.
Mar 03, 2009 ... Agilent Technologies Inc. (NYSE:A), Hong Kong Applied Science and Technology Research Institute (ASTRI), and picoChip announced a TD-LTE demonstration to be hosted here by the TD-SCDMA Industry Alliance (TDIA). The demo will use Agilent equipment to test a TD-LTE femtocell ...
Foster Wheeler Awarded Gasification FEED Contract in South Korea.
Mar 03, 2009 ... Foster Wheeler AG (Nasdaq: FWLT) announced that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded by Doosan Heavy Industries & Construction Co., Ltd. (DOOSAN) a contract for the front-end engineering design ...
Interactive Data Reports Fourth-Quarter and Full-Year 2008 Results.(Company overview)(Financial report)
Mar 03, 2009 ... Interactive Data Corporation (NYSE: IDC) reported its financial results for the fourth quarter and full year ended December 31, 2008. Interactive DataEs fourth-quarter 2008 revenue increased 6.6% to $194.1 million from $182.1 million in the fourth quarter of 2007. Income from operations ...
Beijing Infobird Awarded as a Red Herring Top 100 Global Company.
Mar 03, 2009 ... Beijing Infobird Software announced that it has been awarded as one of the Red Herring Top 100 Global Companies. Red Herring Top 100 Global Companies are chosen from winners and finalists of the previous North America, Europe and Asia Red Herring Top 100 Companies. Winning and finalist ...
China's Neusoft Plans Merger with Dalian Hi-Think.
Mar 03, 2009 ... Neusoft Corporation (600718.SH), the largest offshore software & services outsourcing provider in China, announced recently a merger and asset restructuring plan with Dalian Hi-Think Computer Technology Corp. (DHC) after a preliminary negotiation. In compliance with relevant ...
Dialog Telekom to Deploy Ten Solar and Wind-Powered Base Stations in Sri Lanka.
Mar 03, 2009 ... The GSMA announced that it is working with Dialog Telekom to deploy ten solar and wind-powered base stations in Sri Lanka as part of its Green Power for Mobile programme. The trial, which will deploy five off-grid and five on-grid base stations, has seen two sites go live this month and a ...
Longwei Petroleum Investment Holding Announces Record Revenue of $53.64 Million and Profit of $8.75 Million for the Second Quarter Fiscal Year 2009.(Financial report)
Mar 03, 2009 ... Longwei Petroleum Investment Holding Ltd. (BULLETIN BOARD: LPIH) , a China-based energy trading company and the largest privately held energy trading company in the Shanxi Province, China, announced its second quarter fiscal year 2009 results, including record revenue and profit for the ...
Mechel Signs a Long-Term Agreement for Coal Supply to South Korea.
Mar 03, 2009 ... Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that it has signed a long-term agreement with Hyundai Steel, Korea, to supply coking coal. The agreement was signed within a visit to South Korea of the Russian delegation headed by the ...
On2 Technologies' VP7 Video Codec is Selected by 21ViaNet for New VOD Services.(Company overview)
Mar 03, 2009 ... On2 Technologies, a leader in video compression solutions, announced it has licensed its VP7 video codec to 21ViaNet (China), Inc. Founded in 1996, 21ViaNet is the leading carrier-neutral IDC service provider in China. 21ViaNet was named in Deloitte's '2008 Technology Fast 50 ...
Papa Bello Enterprises Opens First International Restaurant in Shanghai, China.
Mar 03, 2009 ... Papa Bello Enterprises, Inc. (Pink Sheets: PAPA) is pleased to announce the Grand Opening of the company's first international franchised unit in Shanghai, China. The restaurant, located at 214 Tianyaoqiao Road in the Xuhuiqu District, opened its doors to the public on February 14th, 2009, ...
Agility-Tristar JV Agrees to Acquire Shell Guam's Agat Fuel Facilities.
Mar 03, 2009 ... Agility Defense & Government Services (DGS) and Tristar Transport announced an agreement to buy Shell Guam Inc.Es Agat Fuel Facilities. The bulk-fuel storage and distribution facilities will be operated by Tristar Terminals Guam, a joint venture owned by Agility DGS and Tristar ...
TGS Begins 2D Regional Multi-Client Project in West Sumatra.
Mar 03, 2009 ... TGS-NOPEC Geophysical Company Pty Ltd (TGS) announced that it began acquisition of a new 9,550 kilometer multi-client 2D survey offshore West Sumatra, Indonesia. The new Sumatra survey is designed to complement the existing Northwest Sumatra and Sunda seismic, bathymetric and ...
Tuitalk Launches New Service Providing Free Mobile to Mobile International Calls.
Mar 03, 2009 ... Tuitalk and Boingo have teamed up to promote the new Tuitalk mobile service. With TuitalkEs mobile client, available for download at http://www.tuitalk.com, people will be able to make free international mobile-to-mobile phone calls over Wi-Fi networks to more than 40 countries. ...
Alcatel-Lucent Demonstrates up to 27 Percent Power Consumption Reduction on Base Stations Deployed by China Mobile.
Mar 03, 2009 ... Alcatel-Lucent (Euronext and NYSE: ALU) announced a significant enhancement to its GSM/EDGE mobile networking portfolio that can reduce power consumption by up to 27 percent, offering dramatic energy and cost savings for mobile operators. The power reductions were demonstrated ...
Cooper Tire, Kenda Rubber End Marketing and Distribution Arrangement.
Mar 03, 2009 ... COOPER TIRE & RUBBER COMPANY (NYSE:CTB) and American Kenda Rubber Industrial Co., Ltd. (d.b.a. Kenda USA Corporation) announced that effective May 1, 2009, they will be ending their marketing and distribution arrangement with the Kenda brand in the United States and Canada, and at that ...
Cyberport IncuTrain Programme Recruits Start-ups -- Application by February 27.
Mar 03, 2009 ... Established by the Hong Kong Cyberport Management Company Limited ("Cyberport"), Cyberport Digital Entertainment Incubation-cum-Training Centre ("IncuTrain Centre"), a unique incubation base for developing digital entertainment and multimedia industries in Hong Kong -- in particular games ...
Global Economic Crisis on East-West Agenda.
Mar 03, 2009 ... The global economic crisis and US President Barack Obama's impact on East-West relations will be high on the agenda of the Eurasian Media Forum, to be held in Kazakhstan on April 23 - 24, 2009. The Forum, now in its 8th year, is a unique annual event. It brings together several ...
KongZhong Receives Investment from Nokia Growth Partners.
Mar 03, 2009 ... KongZhong Corporation (NASDAQ:KONG), a leading mobile Internet company in China, announced that it has reached a non-binding agreement with Nokia Growth Partners (NGP) to receive an investment of about US$6.8 million in 5-year convertible senior notes. NGP would also receive warrants to ...