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South Korea department, discount store sales both fall in April; first time in three months
ReutersSEOUL (Reuters) - Sales at South Korea's top department and discount store chains fell simultaneously for the first time in three months, preliminary data showed on Tuesday, suggesting that private consumption in Asia's fourth-largest economy remains...Tags: Hardware, Tools and Hardware, Petroleum Industry, Services and Shopping, Consumer Confidence
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Giant gas rigs set platform for protests
Reuters* More floating gas plants set to be deployed on world's oceans * Some plants six times the size of an aircraft carrier * Oil firms, shipbuilders see costs savings and say technology sound * Unions and state govts see threat to jobs and investment...Tags: Waterway and Maritime Transportation Industry, Samsung Group, Plant Openings, Labor Legislation, Petroleum Industry
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Hong Kong shares may start week higher
ReutersHONG KONG, May 6 (Reuters) - Hong Kong shares could start the week stronger on Monday, tracking Wall Street gains after a positive U.S. April jobs report eased growth jitters. A unit of Sinopec Group and brokerage China Galaxy Securities are launching...Tags: Hopewell (Hopewell, Virginia), China Enterprises, Hutchison Whampoa Limited, Hong Kong, PetroChina Company Limited
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PREVIEW-China April export growth seen edging up from low base
Reuters* China April exports seen up 10.3 pct y/y * China April imports seen up 13.9 pct y/y * Trade surplus seen at $15.1 bln * Data due on Wednesday, May 8, 0200 GMT BEIJING, May 6 (Reuters) - China's annual export growth may have picked up slightly in...Tags: Beijing (China), Bank of America Corp., Economy, Business and Finance, Weather Reports, Morgan Stanley Dean Witter & Company
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Golf-European Tour China Open scores
ReutersMay 5 (Infostrada Sports) - Scores from the European Tour China Open at the par-72 course on Sunday in Tianjin 272 Brett Rumford (Australia) 68 67 69 68 276 Mikko Ilonen (Finland) 69 63 73 71 277 Victor Dubuisson (France) 71 72 66 68 278 Robert-Jan...Tags: Netherlands, Australia, Denmark, Argentina, France
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Golf-U.S. PGA Tour Wells Fargo Championship scores
ReutersMay 4 (Infostrada Sports) - Scores from the U.S. PGA Tour Wells Fargo Championship at the par-72 course on Friday in Charlotte, North Carolina. The cut was set at 146. 135 Phil Mickelson (U.S.) 68 67 137 Scott Gardiner (Australia) 70 67 Nick Watney (U....Tags: Sean O'Hair, Martin Laird, South Africa, Phil Mickelson, Rickie Fowler
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Asian nations say global liquidity may lead to asset bubbles
ReutersGREATER NOIDA, India (Reuters) - A global liquidity infusion risks leading to asset bubbles, China, Japan, South Korea along with a host of Southeast Asian nations said on Friday. Many emerging nations are cautious about easier monetary policy in...Tags: Japan, Money and Monetary Policy, China
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Visa program doesn't discriminate against Arabs, Muslims
Commentators Zainab Choudry and Saqib Ali complain that Maryland Sen. Ben Cardin co-sponsored legislation to extend a visa waiver program to Israel ("Don't let Israel discriminate," April 30). The waiver program currently allows citizens of 37...Tags: Politics, Labor Legislation, Personal Data Collection, Saudi Arabia, Religion and Belief
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Japan, ASEAN to shore up financial ties to drive emerging Asia
ReutersBy Tetsushi Kajimoto GREATER NOIDA, India, May 3 (Reuters) - Japan has tapped its reserves to invest in bonds issued by major economies in Southeast Asia, Japan's Finance Minister Taro Aso said on Friday, part of a strategy aimed at strengthening...Tags: Central Bank, Economy, Business and Finance, Thailand, Tokyo (Japan), Asia
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Trade allies throw lifeline to Iran's steel sector
Reuters* Iran seen years away from steel self-sufficiency * Further U.S. regulations to tighten steel trade * Iranian iron ore exports doubled in one year By Silvia Antonioli and Jonathan Saul LONDON, May 3 (Reuters) - China, Russia and Kazakhstan are...Tags: Iran, Russia, Tehran (Iran), China
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Hong Kong shares may start higher, headed for 2nd weekly gain
ReutersHONG KONG, May 3 (Reuters) - Hong Kong shares could start higher on Friday, tracking Wall Street gains after improved U.S. jobless claims figures, although activity may be curbed ahead of the U.S. monthly payroll report due later in the day. On Thursday,...Tags: Economic Indicator, China Enterprises, Labor Legislation, Hutchison Whampoa Limited, Hong Kong
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GLOBAL ECONOMY-Struggling factories underline fragility of world growth
Reuters* Global manufacturing growth stumbled in April * PMIs add to string of weak data * Data likely added to expectations for ECB rate cut By Jonathan Cable and Langi Chiang LONDON/BEIJING, May 2 (Reuters) - Manufacturing across the world stumbled last...Tags: Central Bank, Market and Exchange, Globalization, Plant Openings, Economy, Business and Finance
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