VP De Castro Still Leads Tight Race For Philippine President Poll (Nasdaq)
MANILA -(Dow Jones)- Vice President Noli de Castro remains the top choice among Filipinos as president for the 2010 Philippine elections although his lead declined slightly, the latest survey of pollster Pulse Asia showed Monday.
Australian dollar trades near 2-week high against euro (INO News)
(RTTNews) – The Australian dollar advanced to a 13-day high of 1.7587 against the European common currency on Monday morning in Asia, compared to 1.766 hit late New York Friday. If the aussie gains further, resistance is seen at the 1.747 level.
Chinese mainland delegation on procurement spree in Taiwan (People’s Daily)
A Chinese mainland business delegation arrived in Taiwan Sunday to kick off a buying spree to expand trade ties and offset the effects of the global economic downturn. The group, organized by the Mainland Association for Cross-Strait Economic and Trade Exchanges, comprised about 80 representatives of 35 companies, including IT and home appliance giants Lenovo, Haier, Changhong and ZTE. The …
China Suspends Exchanges With North Korea, Yonhap News Reports (Bloomberg)
June 1 (Bloomberg) — China suspended exchanges with North Korea after Kim Jong Il’s regime tested its second nuclear weapon and test-fired short-range missiles, Yonhap News reported, citing diplomatic sources in Beijing it didn’t identify.
(AFX UK Focus) 2009-06-01 06:50 China hopes send Taiwan stocks to 9-mth closing high (Interactive Investor)
TAIPEI, June 1 (Reuters) – Taiwan stocks rose 0.92 percent on Monday to a nine-month closing high, as a flurry of Chinese purchasing groups visiting the island this week propped up tech shares, while asset plays gained on a stronger local currency.
(AFX UK Focus) 2009-06-01 04:53 Taiwan’s Fubon says welcomes Chinese investors (Interactive Investor)
TAIPEI, June 1 (Reuters) – Fubon Financial, Taiwan’s No.5 financial holding firm, on Monday said it would welcome Chinese investors to take up to a 20 percent stake in the company, in signs of closer business ties with China. The firm also aims to raise investments in Taiwan stocks and properties by T$80 billion ($2.4 billion) this year, Richard Tsai, vice chairman of Fubon, told reporters on …
Racism confined to ‘minority of people’ in Australia: Minister (Hindustan Times)
COMMENT ON THIS ! Your Views! Against the backdrop of a series of attacks on Indian students in Australia, Australia’s first Asia-born Cabinet minister on Sunday said that racism in this country was confined to “a minority of people” with extreme views.
U.S. debt to China limits strategy on North Korea (USA Today)
U.S. debt to China limits strategy on North Korea Chuck Tamraz – Carmichael, Calif. The article “Nuke test puts U.S., Obama on notice” quotes Beijing professor Shi Yinhong’s opinion that the nuclear test last week by North Korea seeks to…
TDK Boosts Output of Magnetic Heads on China, Korea (Update1) (Bloomberg)
June 1 (Bloomberg) — TDK Corp. , the world’s biggest maker of magnetic heads used in disk drives, boosted production of the devices last month because of increased demand from personal- computer makers in China and South Korea, an executive said.
N. Korea Ends Some Chinese TV, Computer Imports, Yonhap Says (Bloomberg)
June 1 (Bloomberg) — North Korea has suspended imports of some Chinese-made computers and televisions, Yonhap News reported. Yonhap cited unidentified sources.
Bangladeshi Envoy Calls On His Cambodian Counterpart (BruDirect.com)
Recently appointed as the new Bangladeshi High Commissioner, Mr. M Shameen visited the temporary, Cambodian High Commission in Beribi yesterday morning, as part of a courtesy call on Mr. Nan Sy, the Ambassador of Cambodia, who has been serving in the Sultanate for three years.
China Suspends North Korea Exchanges, Yonhap Reports (Update1) (Bloomberg)
June 1 (Bloomberg) — China suspended government exchanges with North Korea after Kim Jong-Il ’s regime last week tested a nuclear device and fired short-range missiles, Yonhap News said.
LNG Demand Supports Australian Projects, ConocoPhillips Says (Bloomberg)
June 1 (Bloomberg) — Global liquefied natural gas demand will prove strong enough to support development of proposed LNG projects in Australia’s Queensland state as the need for cleaner-burning fuels increases, a ConocoPhillips executive said.
