AsiaPulse News articles from June 2007

AsiaPulse News archives from June 2007

FOREX - AUSTRALIAN DOLLAR OPENS STRONGER - JUNE 1, 2007.
June 1, 2007... SYDNEY, June 1 Asia Pulse - The Australian dollar opened stronger today as it was revealed overnight US economic growth at the start of 2007 was its weakest in more than four years. At 0700 AEST, the domestic unit was trading at...

STOCKS - BOMBAY BOURSE ENDS HIGHER - MAY 31, 2007.
June 1, 2007... MUMBAI, May 31 Asia Pulse - The Bombay stock market edged up 0.92 per cent Thursday, pushed by a strong rally in the consumer durable goods, FMCG, banking and capital goods sectors. The 30 Share index benchmark Sensex increased 133.08...

FOREX - US DOLLAR ENDS WEAKER AGAINST RUPEE - MAY 31, 2007.
June 1, 2007... MUMBAI, May 31 Asia Pulse - The US dollar ended sharply weaker against the rupee at Rs 40.61 per dollar and the pound sterling was also lower at Rs 80.28/30 per pound at the Interbank Foreign Exchange (FOREX) market here on Thursday. The...

S KOREAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2007.
June 1, 2007... SEOUL, June 1 Asia Pulse - Highlights of today's newspapers: Vernacular dailies -- Journalists protest government policy on media (Kyunghyang Shinmun) -- Signs of economic recovery in sight (Kookmin Daily) -- National Tax...

AUSTRALIAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2007.
June 1, 2007... SYDNEY, June 1 Asia Pulse - Highlights of today's newspapers: THE AUSTRALIAN FINANCIAL REVIEW - The new system for setting minimum rates of pay could cut real wages for more than 1 million workers as the new Australian Fair Pay...

US AGRI DEPT LETTER URGES S KOREA TO FULLY.
June 1, 2007... WASHINGTON, May 31 Asia Pulse - The U.S. Department of Agriculture sent a letter to South Korea last week urging the country to fully reopen American beef imports, the trade journal World Trade Online reported Thursday. Addressed to the...

AUSTRALIA MUST CONSIDER NUCLEAR POWER TO CUT EMISSIONS: REPORT.
June 1, 2007... SYDNEY, June 1 Asia Pulse - Australia must consider nuclear power and the creation of a carbon trading scheme as part of a strategy to tackle climate change, an expert taskforce has recommended. In a highly-anticipated report received by...

AUSTRALIAN PM SET TO ANNOUNCE EMISSIONS TRADING SCHEME.
June 1, 2007... CANBERRA, June 1 Asia Pulse - Prime Minister John Howard is expected to announce a national trading scheme in greenhouse gas emissions during the Liberal Party's three-day conference which begins today. Network Ten reported Mr Howard will...

EXPERTS AT AUST CONFERENCE SAY BIG POTENTIAL IN CARBON MARKETS.
June 1, 2007... SYDNEY, June 1 Asia Pulse - Scientists, cotton and tree farmers, bankers, and sustainability experts all gathered in the same room on Thursday to talk about carbon trading. Macquarie Bank (ASX:MBL) executive director Anthony Abraham, who...

S. KOREAN ECONOMY GROWS 0.9 PCT IN FIRST QUARTER.
June 1, 2007... SEOUL, June 1 Asia Pulse - The South Korean economy expanded 0.9 per cent in the first quarter from three months earlier on strong exports and brisk corporate capital spending, the central bank said Friday. On an on-year basis, the...

PYONGYANG FACES STRONG PRESSURE TO QUIT NUKE PROGRAM: S KOREA.
June 1, 2007... SEOUL, June 1 Asia Pulse - President Roh Moo-hyun said Thursday that his government will keep pressuring North Korea to abandon its missile and nuclear weapons programs, despite its "Sunshine Policy" toward the reclusive communist state. ...

S. KOREA TO INCREASE FLIGHTS TO PHILIPPINES.
June 1, 2007... SEOUL, June 1 Asia Pulse - South Korea and the Philippines have agreed to greatly expand flight frequency and capacity servicing the two nations in a bid to ease a chronic shortage of seats, the South Korean government said Thursday. In a...

AUSTRALIA'S GAZAL REVIEWS ITS MAMBO BUSINESS.
June 1, 2007... MELBOURNE, June 1 Asia Pulse - Clothing importer and manufacturer Gazal Corporation Ltd (ASX:GZL) is reviewing its Mambo business after receiving approaches for the iconic surf and streetwear brand. The company said Monday it had appointed...

AUSTRALIAN BOND MARKET OPENS WEAKER - JUNE 1, 2007.
June 1, 2007... SYDNEY, June 1 Asia Pulse - The Australian bond market opened weaker today after a major US industrial survey showed stronger than expected results, pushing US Treasury yields higher. The release of data showing US economic growth was at...

AUSTRALIAN MINISTER WELCOMES US PLAN FOR CLIMATE CHANGE.
June 1, 2007... CANBERRA, June 1 Asia Pulse - The US plan for a new global framework to fight climate change presents a "practical road map" for cutting greenhouse gas emissions, Environment Minister Malcolm Turnbull says. At the G8 summit in Germany next...

JAKARTA GOVERNOR ACCEPTS AUSTRALIAN PREMIER'S APOLOGY.
June 1, 2007... JAKARTA, June 1 Asia Pulse - Jakarta's Governor Sutiyoso last night declared a written apology from NSW Premier Morris Iemma was "already more than I need". It signalled the end of tensions over an incident during the powerful Indonesian...

AUSTRALIA'S MACQUARIE, DUET COMPLETE ACQUISITION OF US CO.
June 1, 2007... SYDNEY, June 1 Asia Pulse - The Duet Group and Macquarie Infrastructure Partners Ltd have completed their $US1.6 billion ($A1.94 billion) acquisition of United States' Duquesne Light Holdings Inc. The consortium acquired all the outstanding...

ASIAN HOUSING PRICES TO COOL DOWN IN LONGER-TERM: IMF.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - Ever-rising real estate prices in Asian region are a short-term trend and will cool down in longer-term as the industry would be able to meet the demand supply mis-match in the next few years, a top IMF official...

NDTV'S UK SUBSIDIARY RAISES US$120 MLN IN PRE-IPO PLACEMENT.
June 1, 2007... MUMBAI, June 1 Asia Pulse - Television broadcaster New Delhi Television (NDTV) (BSE:532529) Thursday said its UK subsidiary NDTV Networks Plc has completed pre-IPO fund raising programme by garnering US$100 million through sale of bonds,...

ESPN STAR BAGS TELECAST RIGHTS OF AFRO-ASIA CUP.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - ESPN Star Sports has bagged the telecast rights of Afro-Asia cup after Nimbus pulled out of the deal citing absence of big names in the tournament. Asian Cricket Council (ACC) has awarded the worldwide rights...

SONA OKEGAWA TO INVEST US$26.4 MLN,EYES TOP THREE SLOT.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - Sona Okegawa Precisions Forgings Ltd on Thursday said it will invest Rs 1 billion (US$ 24.6 million) in next one year for capacity expansion and was looking at mergers and acquisitions to become a top three global...

FOREX - US DOLLAR OPENS WEAKER AGAINST WON - JUNE 1, 2007.
June 1, 2007... SEOUL, June 1 Asia Pulse - The U.S. dollar on Friday started at 927.5 won, down from 927.7 at the close on Thursday. (Yonhap) 01-06 1010

AUSTRALIAN MANUFACTURING INDEX UP IN MAY: SURVEY.
June 1, 2007... SYDNEY, June 1 Asia Pulse - Treasurer Peter Costello's Budget and a falling jobless rate gave the Australian manufacturing industry a boost in May, a survey shows. The Australian Industry (Ai) Group/PricewaterhouseCoopers Australian...

STOCKS - TOKYO STOCKS START STRONGER - JUNE 1, 2007.
June 1, 2007... TOKYO, June 1 Asia Pulse - Tokyo stocks started stronger on Friday with the Nikkei-225 index rising 96.37 points or 0.54 per cent to 17,972.12 in the first minutes of trading. ASIA PULSE 01-06 1013

MCGUIGAN SIMEON WINES EXPECTS LOSS FOR FULL YEAR.(Financial report)
June 1, 2007... SYDNEY, June 1 Asia Pulse - McGuigan Simeon Wines Ltd (ASX:MGW) says its its 2007 wine crush is down 33 per cent on last year to 158,000 tonnes and that the company would report a loss for the full year. The company said the decline was in...

AUSTRALIA'S FORTESCUE RENEGOTIATES RAIL BUILDING CONTRACT.
June 1, 2007... SYDNEY, June 1 Asia Pulse - Fortescue Metals Group Ltd (ASX:FMG) has agreed to replace an agreement with BGC Contracting Ltd to allow it to appoint more contractors to construct the railway to take its ore to the port at Anderson Point. ...

INDIAN ADVERTISERS WAIT FOR CRICKET SERIES IN ENGLAND.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - India may have created test cricket history in the recently concluded Bangladesh series, but the game is yet to recover from the blues it suffered from the team's early exit in the World Cup as advertisers are...

JAPAN'S SOJITZ TAKES 30 PCT STAKE IN AUSTRALIA'S GRANGE.
June 1, 2007... SYDNEY, June 1 Asia Pulse - Miner Grange Resources Ltd (ASX:GRR) will have Japanese iron ore company Sojitz Corporation (TSE: 2768) as a 30 per cent joint venture partner in their Southdown iron ore project, the company announced today. ...

INDIA BECOMES A TRILLION DOLLAR ECONOMY.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - Propelled by growth in services and manufacturing sectors, coupled with an appreciating rupee, India's economy has swelled to US$1 trillion, making it only the 12th nation to reach this milestone. According...

NIMBUS DID NOT FULFILL CONTRACTUAL OBLIGATION: ACC.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - Contrary to claims made by sports broadcaster Nimbus that it had walked out of the upcoming Afro-Asia Cup cricket series, Asian Cricket Council on Thursday said it scrapped the deal with the channel for "not...

JET AIRWAYS TO BEGIN FLIGHTS BETWEEN TORONTO AND NEW DELHI.
June 1, 2007... TORONTO, June 1 Asia Pulse - Jet Airways (BSE:532617) will begin flights from Toronto to Delhi in August on a route that Air Canada has discontinued from this month. Jet Airways (India) Ltd will begin five flights a week from Toronto via...

FOREX - RINGGIT ENDS STRONGER AGAINST US DOLLAR - MAY 31, 2007.
June 1, 2007... KUALA LUMPUR, May 31 Asia Pulse - The ringgit ended at 3.3965/3985 against the U.S. dollar on Thursday, stronger than the close of 3.4005/3035 on Wednesday. ASIA PULSE 01-06 1028

CHINA NOT TO LIFT BAN ON TRADE IN TIGER PARTS.
June 1, 2007... BEIJING, June 1 Asia Pulse - Stunned by vigorous protests, including from Indian conservationists, China has decided not to lift a 14-year-old ban on trade in tiger parts. Chinese Forestry officials said the government will maintain the...

ARROYO PITCHES FOR NEW TRADE, INVESTMENT DEAL WITH AUSTRALIA.
June 1, 2007... MELBOURNE, June 1 Asia Pulse - Philippines President Gloria Macapagal Arroyo has used a dinner in Melbourne Thursday night to pitch for new trade and investment with Australia. Ms Arroyo spoke at Melbourne's Grand Hyatt Hotel, hosted by...

STOCKS - AUSTRALIAN BOURSE OPENS HIGHER - JUNE 1, 2007.
June 1, 2007... SYDNEY, June 1 Asia Pulse - The Australian share market continued its positive run from yesterday, following Wall Street's bluechips' record high and mostly higher commodity prices overnight. At 1013 AEST, the benchmark S&P/ASX200 index...

INDIA'S ESPN STAR SPORTS BAGS TELECAST RIGHTS TO AFRO-ASIAN CUP.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - ESPN Star Sports has bagged the telecast rights of the Afro-Asia cup after Nimbus Ibdustries (BSE:530971) bagged out of the deal, citing the absence of big names in the tournament. Asian Cricket Council (ACC)...

TAIWAN'S CPC CORP HIKES LNG PRICES.
June 1, 2007... TAIPEI, June 1 Asia Pulse - The state-run CPC Corp., Taiwan announced Thursday that domestic prices of liquefied natural gas (LNG) have been raised by 2.99 per cent on average. The price hike was attributed to LNG price increases in the...

INDIA'S TVS ELECTRONICS SELLS MFG UNIT TO FINLAND'S INCAP.
June 1, 2007... MUMBAI, June 1 Asia Pulse - Printer manufacturer TVS Electronics (BSE:532513) has sold off its contract manufacturing services business at Tumkur for Rs 411.2 million (US$10.1 million) to Incap Contract Manufacturing Services, a 100 per cent...

TAIWAN TO PROMOTE GLOBALIZATION OF MEDICAL SERVICES.
June 1, 2007... TAIPEI, June 1 Asia Pulse - The government will set up a special project office in July to promote globalization of the local medical service sector, a senior official said Thursday. The decision was reached at a meeting of the Executive...

BHEL TIES UP WITH MISTSUBISHI FOR POWER PLANT PUMPS TECHNOLOGY.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - Bharat Heavy Electricals Ltd (BSE:500103), the country's biggest power equipment supplier, has signed an agreement with Mitsubishi Heavy Industries Ltd (MHI) (TSE:7011), under which the Japanese firm will license...

TAIWAN'S ITRI TO RECRUIT HIGH-TECH TALENT IN U.S.
June 1, 2007... TAIPEI, June 1 Asia Pulse - A delegation organized by the Taiwan-based Industrial Technology Research Institute (ITRI) is set to head to the United States next month to recruit talent to enhance the ITRI's research capabilities in six major...

INDIA'S MICRO TECH TO SEEK SHAREHOLDERS NOD TO RAISE US$20 MLN.
June 1, 2007... MUMBAI, June 1 Asia Pulse - Micro Technologies India (BSE:532494), a security and safety solutions provider, on Thursday said it will seek shareholders approval on June 23 for various issues including the raising of US$20 million through the...

AMCHAM URGES TAIWAN TO 'JUST DO IT' ON DIRECT CROSS-STRAIT AIR LINKS.
June 1, 2007... TAIPEI, June 1 Asia Pulse - The American Chamber of Commerce in Taipei (AmCham) urged Taiwan Thursday to improve cross-Taiwan Strait flow of people, goods and services as well as investment as a "corrective action" that could give Taiwan's...

STOCKS - SEOUL SHARES OPEN SHARPLY HIGHER - JUNE 1, 2007.
June 1, 2007... SEOUL, June 1 Asia Pulse - South Korean stocks started stronger Friday as investors scooped up tech blue chips and shipbuilders, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) jumped 16.54 points, or 0.97 per cent,...

AMCHAM MIGHT HAVE INTERFERED IN TAIWAN'S INTERNAL AFFAIRS: CEPD.
June 1, 2007... TAIPEI, June 1 Asia Pulse - Officials from the Council for Economic Planning and Development (CEPD) said Thursday that the American Chamber of Commerce (AmCham) in Taipei might have interfered with Taiwan's internal affairs by blasting the...

TAIWAN PREMIER VOWS TO CONTINUE TOURISM, AIRLINK TALKS WITH CHINA.
June 1, 2007... TAIPEI, June 1 Asia Pulse - Premier Chang Chun-hsiung will assure lawmakers in his first administrative report to the legislature of the government's determination to complete negotiations with China over opening to Chinese tourists and...

INDIA'S MINDA GROUP SETS UP JV WITH FRANCE'S VALEO.
June 1, 2007... NEW DELHI, May 31 Asia Pulse - Automotive components manufacturer A K Minda Group on Thursday said it has entered into a 50:50 joint venture agreement with France's Valeo Group to manufacture security system products. The new joint venture...

TAIWAN TELLS BANGKOK-BOUND CITIZENS TO BE ON ALERT.
June 1, 2007... TAIPEI, June 1 Asia Pulse - Taiwan citizens intending to visit the Thai capital of Bangkok in the coming few days are advised to be alert to their personal safety because of the possibility of political turbulence there, Ministry of Foreign...

S. KOREAN TAX OFFICIALS PROBE HYUNDAI MOTOR, KIA MOTORS.
June 1, 2007... SEOUL, June 1 Asia Pulse - South Korean tax authorities are investigating Hyundai Motor Co. (KSE:005380), the nation's top automaker, and its affiliate Kia Motors Corp. (KSE:000270), as part of their investigation into a slush fund scandal...

JOSE BARELLA NAMED EXECUTIVE CHAIRMAN OF MERIAL.
June 1, 2007... (Full text of statement. Contact details below.) MEDIA RELEASE PR26345 Jose Barella Named Executive Chairman of Merial, Ltd. DULUTH, Ga., May 31 /PRNewswire-AsiaNet/ -- The Board of Directors of Merial Ltd., one of the world's...

PHARMACEUTICALS ANNOUNCES FORMATION OF ANIMAL HEALTH COMPANY.
June 1, 2007... (Full text of a statement. Contact details below.) ( BW)(PA-VGX-PHARMACEUTICALS) VGX Pharmaceuticals Announces Formation of Animal Health Company BLUE BELL, Pa.--(BUSINESS WIRE)--May 31, 2007--VGX Pharmaceuticals Inc. ("VGX") announced...

MF GLOBAL FILES IPO REGISTRATION STATEMENT.
June 1, 2007... (Full text of a statement. Contact details below.) ( BW)(NY-MF-GLOBAL)(EMG.L) MF Global Files IPO Registration Statement Business Editors NEW YORK--(BUSINESS WIRE)--May 31, 2007--MF Global Ltd. (currently operating through Man...

VERSAR BEGINS DEVELOPMENT TRAINING PROGRAM IN KURDISTAN.
June 1, 2007... (Full text of a statement. Contact details below.) ( BW)(VA-VERSAR)(VSR) Versar Begins Development Training Program in Kurdistan Business Editors SPRINGFIELD, Va.--(BUSINESS WIRE)--May 31, 2007--VERSAR, Inc. (Amex: VSR) announced...

ECOSECURITIES ASSISTS UN REGISTRATION OF FIRST KYOTO PJT IN GCC.
June 1, 2007... (Full text of a statement. Contact details below.) EcoSecurities Assists in Achieving UN Registration of First Kyoto Project in The GCC Region DUBLIN, Ireland--(BUSINESS WIRE)--May 31, 2007--EcoSecurities, one of the world's leading...

MICREL NAMES NEW VICE PRESIDENT OF ANALOG ENGINEERING.
June 1, 2007... (Full text of a statement. Contact details below.) Micrel Names New Vice President of Analog Engineering SAN JOSE, Calif., May 31 /PRNewswire-AsiaNet/ -- Micrel Inc., an industry leader in analog, high bandwidth communications and...

BANCO ITAU HOLDING FINANCEIRA S.A. ANNOUNCEMENT TO THE MARKET.
June 1, 2007... (Full text of a statement. Contact details below.) Banco Itau Holding Financeira S.A. Announcement to the Market SAO PAULO, May 31 /PRNewswire-AsiaNet/ -- Renewal of Services Contract with the State of Rio de Janeiro Banco Itau...

MATSUSHITA, PANASONIC CORP OF N. AMERICA AND 3M REACH AGREEMENT.
June 1, 2007... (Full text of a statement. Contact details below.) ( BW)(MN-3M)(MMM) Matsushita Electric Industrial Co., Ltd., Panasonic Corporation of North America, and 3M Reach Agreement Suit Settled Over Lithium Ion Battery Cathode Intellectual...

INDIA. US HOLDS TALKS ON NUCLEAR DEAL.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - India and the US have held high-level talks on a proposed agreement to operationalise the civil nuclear deal with Washington saying that the two sides were almost there and little more work was needed to conclude...

NASEERUDDIN SHAH STARTS FILMING FOR SHOOT ON SIGHT IN LONDON.
June 1, 2007... (Full text of a statement. Contact details below.) Naseeruddin Shah Starts Filming for Shoot on Sight in London Entertainment Editors MULTIMEDIA AVAILABLE: http:/www.businesswire.com/cgi-bin/mmg.cgi?eid_5415137 NEW...

PALM WATER SELECTS GE FOR JAFZA UTILITY PROJECT.
June 1, 2007... (Full text of a statement. Contact details below.) PALM WATER SELECTS GE As Advanced Water Treatment Technologies, Operation & Maintenance Provider FOR JAFZA UTILITY PROJECT Business Editors DUBAI, UAE--(BUSINESS WIRE)--May 31,...

MALAYSIAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2007.
June 1, 2007... KUALA LUMPUR, June 1 Asia Pulse - Highlights of today's newspapers: BUSINESS TIMES: - Proton Holdings Bhd reported its first ever annual loss as a listed firm in fiscal 2007 as sales faltered while its choice of a foreign partner now...

STAGE 3 MEDIA HITS WORLD RECORD WITH SANCTUARY.
June 1, 2007... (Full text of a statement. Contact details below.) Stage 3 Media Hits World Record with Sanctuary VANCOUVER, May 31 /PRNewswire-AsiaNet/ -- Critically Acclaimed Web-based Science Fiction Series Awarded Guinness World Record ...

S. KOREAN EXPORTS SOAR 12 PCT TO NEW MONTHLY RECORD.
June 1, 2007... SEOUL, June 1 Asia Pulse - South Korean exports rose nearly 12 per cent on-year to a monthly record in May thanks to brisk shipments of steel and cars, a government report showed Friday. Overseas shipments increased 11.9 per cent on-year...

SARAWAK TO LURE RUSSIANS TO MIRI-SIBUTI NATIONAL PARK.
June 1, 2007... MIRI (Sarawak), June 1 Asia Pulse - The Sarawak Tourism Board (STB) will start promoting the Miri-Sibuti Coral Reefs National Park by luring Russian divers to experience the latest tourism attraction here. STB chief executive officer Gracie...

CB RICHARD ELLIS GROUP, INC. ANNOUNCES CARBON NEUTRAL GOAL.
June 1, 2007... (Full text of a statement. Contact details below.) CB Richard Ellis Group, Inc. Announces Carbon Neutral Goal and Plans for Assisting Clients with 1.7 Billion Sq. Ft. of Properties Worldwide on Carbon Reduction Programs Natural...

INDONESIA'S ADHI OMAN WINS US$104 MLN WORK CONTRACT IN OMAN.
June 1, 2007... JAKARTA, June 1 Asia Pulse - Adhi Oman LLC, a subsidiary to PT Adhi Karya (ADHI) (JSX:ADHI), has been awarded a work contract worth US$104 million in Oman, Corporate Secretary of the company, Kurnadi Gularso said here on Thursday. In a...

MALAYSIAN FIRM TAKES 'TOUCH N GO' TO HYDERABAD AIRPORT CAR PARK.
June 1, 2007... NEW DELHI, June 1 Asia Pulse - The "Touch & Go" ticketing system at Malaysian highways and car parks will be used in India, after a Malaysian-based company, Tenaga Group, clinched a contract to manage the automated parking management system at...

DONGFENG-CITROEN BUILDING POWER ASSEMBLY PLANT IN HUBEI.
June 1, 2007... WUHAN, June 1 Asia Pulse - Dongfeng-Citroen Company is accelerating construction of a car power assembly plant in Xiangfan city in central China's Hubei Province. This is the second project launched by Dongfeng-Citroen in Xiangfan. In...

NORILSK NICKEL OFFER FOR LIONORE APPROVED BY FINNISH REGULATOR.
June 1, 2007... (Full text of a statement. Contact details below.) Norilsk Nickel Offer for LionOre Receives Approval from the Finnish Competition Authority MOSCOW, and TORONTO, May 30 /CNW-AsiaNet/ -- OJSC MMC Norilsk Nickel ("Norilsk Nickel" or...

QUEENSLAND COTTON PLACES SHARES IN TRADING HALT.
June 1, 2007... SYDNEY, June 1 Asia Pulse - Queensland Cotton Holdings Ltd (ASX:QCH) shares have been placed in a trading halt pending an announcement by the company relating to a bid for the cotton producer by Belgium's Louise Dreyfus. The trading halt...

AUSTRALIAN GOVT WARNS JAPAN OVER WHALING PROGRAM.
June 1, 2007... CANBERRA, June 1 Asia Pulse - Japan will put its relationship with Australia in jeopardy if it slaughters humpback whales in the Southern Ocean under its "scientific" whaling program, Environment Minister Malcolm Turnbull says. Overnight,...

CREDIT SUISSE PL100-WORLD WATER TRUST LISTS ON ASX AT PREMIUM.
June 1, 2007... MELBOURNE, June 1 Asia Pulse - Credit Suisse PL100 - World Water Trust (WWT) (ASX:CSW) has listed on the Australian share market at a one per cent premium to its offer price of $1. The managed investment fund successfully raised $A112.9...

PIA, ABN AMRO SIGN US$522 MLN LOAN DEAL FOR 3 B-777 AIRCRAFT.
June 1, 2007... KARACHI, June 1 Asia Pulse - Pakistan International Airline (PIA) and ABN AMRO signed loan financing arrangement for US$522 million to fund acquisition of three state of the art brand new Boeing 777-300 ER aircraft for the national flag...

ONEWORLD HEALTH FEATURED IN BBC WORLD DOCUMENTARY.
June 1, 2007... (Full text of a statement. Contact details below.) OneWorld Health Featured in BBC World Documentary Award-Winning BBC World Series "Kill or Cure?" to focus on Medicine for Kala-Azar SAN FRANCISCO & NEW DELHI--(BUSINESS WIRE)--May...

PANACEA PHARMACEUTICALS ANNOUNCES AVAILABILITY OF PC DETECT(SM).
June 1, 2007... (Full text of a statement. Contact details below.) Panacea Pharmaceuticals Announces the Availability of PC Detect(sm) for Prostate Cancer Screening GAITHERSBURG, Md., May 31 /PRNewswire-AsiaNet/ -- Panacea Pharmaceuticals, Inc....

AUSTRALIA'S PM URGED TO TAKE IMMEDIATE ACTION ON CLIMATE CHANGE.
June 1, 2007... CANBERRA, June 1 Asia Pulse - The Climate Institute has renewed its call for Prime Minister John Howard not to delay action against climate change despite the recommendations of a new report. The Australian newspaper reported today the...

PAKISTAN'S EXPORTS TO AFRICA INCREASE BY 120 PCT.
June 1, 2007... LAHORE, June 1 Asia Pulse - There has been a 120 per cent increase in the exports to African countries and more than 300 per cent increase in the export to Eastern European countries, said Trade Development Authority of Pakistan (TDAP) Chief...

AUSTRALIA'S PM SAYS WILL NOT RUSH INTO CARBON TRADING SCHEME.
June 1, 2007... SYDNEY, June 1 Asia Pulse - Australia needs a carbon trading scheme but any target to reduce greenhouse gas emissions requires careful analysis and cannot be rushed, says Prime Minister John Howard. The prime minister's much-anticipated...

INDONESIA ASKS KUWAITI CO TO COMPLETE OIL REFINERY CONSTRUCTION.
June 1, 2007... JAKARTA, June 1 Asia Pulse - The Indonesian government hopes Kuwaiti oil company, Hemoco Kuwait General Trading and Contracting, will soon realize the construction of the oil refinery in Selayar, South Sulawesi, President Susilo Bambang...

PAKISTAN, MALAYSIA TO SIGN FTA WITHIN TWO MONTHS: FEDERAL MINISTER.
June 1, 2007... ISLAMABAD, June 1 Asia Pulse - Commerce Minister Humayun Akhtar Khan has said that a Pakistan-Malaysia Free Trade Agreement (FTA) was expected to be signed within two months as the two sides had concluded the negotiations on all technical...

BUSINESS WIRE DAILY SUMMARY - MAY 31, 2007.
June 1, 2007... A summary of news releases for May 31st, compiled by Business Wire, the global leader in news distribution. To view any of these news release on Business Wire's website, please go to www.businesswire.com. 1) Category Code: Energy/Utilities...

US INTERNATIONAL POSTAL SERVICE GIVEN CERTIFICATE OF EXCELLENCE.
June 1, 2007... (Full text of a statement. Contact details below.) United States Postal Service International Service Center Honored With Certificate of Excellence WASHINGTON, May 31 /PRNewswire-AsiaNet/ -- The International Service Center (ISC)...

MOU SIGNED FOR 200 MW COAL POWER PLANT IN BADIN, PAKISTAN.
June 1, 2007... KARACHI, June 1 Asia Pulse - Sindh Coal Authority (SCA) and two private companies, Al-Abbas Power Generation Ltd. and Roadways Private Ltd, signed an MoU Wednesday to establishing power plant, coal washing plant and for coal mining in Badin...

CORR JAPAN'S SOJITZ TAKES 30% STAKE IN PROJECT OF AUSTRALIA'S GRANGE.
June 1, 2007... (Corrects headline to clarify that Sojitz is taking 30 per cent stake in project) SYDNEY, June 1 Asia Pulse - Miner Grange Resources Ltd (ASX:GRR) will have Japanese iron ore company Sojitz Corporation (TSE: 2768) as a 30 per cent joint...