AsiaPulse News articles from May 2007

AsiaPulse News archives from May 2007

SKECHERS WINS MAJOR VICTORY IN ASICS LAWSUIT.
May 1, 2007... (Full text of a statement. Contact details below.) SKECHERS Wins Major Victory in Asics Lawsuit U.S. District Court Denies Asics' Motion for a Preliminary Injunction Against Skechers Court Finds "Substantial" Differences Between...

FOREX - US DOLLAR CLOSES HIGHER AGAINST RUPEE - APRIL 30, 2007.
May 1, 2007... MUMBAI, April 30 Asia Pulse - The US dollar ended dearer against the Rupee at Rs 41.20 per dollar but the pound sterling finished lower at Rs 82.11 per pound at the close of the Interbank Foreign Exchange (FOREX) market here on Monday. The...

AUSTRALIAN BONDS OPEN STRONGER - MAY 1, 2007.
May 1, 2007... SYDNEY, May 1 Asia Pulse - The Australian bond market opened stronger today amid heightened expectations of an interest rate cut in the United States and a steady rate decision locally. At 0900 AEST, the yield on the Commonwealth Government...

FOREX - AUSTRALIAN DOLLAR STARTS STRONGER - MAY 1, 2007.
May 1, 2007... SYDNEY, May 1 Asia Pulse - The Australian dollar opened higher today as the US dollar slumped amid rising expectations of an interest rate cut in the world's largest economy. At 0700 AEST, the domestic unit was trading at $US0.8298/03, up...

BENTLEY ARCHITECTURE ACHIEVES IFC2X3 CERTIFICATION.
May 1, 2007... (Full text of a statement. Contact details below.) Bentley Architecture Achieves IFC2x3 Certification Provides Collaboration Among Architects, Engineers, Contractors, Building Owners and Operators, and Regulatory Agencies Through Single...

ENERGY SOLUTIONS GROWS CHINESE CUSTOMER BASE FOR PIPELINESTUDIO.
May 1, 2007... (Full text of a statement. Contact details below.) Energy Solutions Expands Chinese Customer Base for PipelineStudio HOUSTON--(BUSINESS WIRE)--April 30, 2007--Energy Solutions International, the Houston, Texas-based leading global...

STOCKS - BOMBAY SHARES END LOWER - APRIL 30, 2007.
May 1, 2007... MUMBAI, April 30 Asia Pulse - The benchmark BSE Sensex ended 36 points down on Monday on selling by funds, particularly in banking stocks after ICICI Bank posted lower-than-expected fourth quarter earnings. The 30-share Sensex, which fell...

AUSTRALIA'S PM PROMISES RESPONSIBLE BUDGET.
May 1, 2007... CANBERRA, May 1 Asia Pulse - Prime Minister John Howard today promised next week's budget would be economically responsible and maintain a strong surplus. Mr Howard said he was well aware that low interest rates meant many households had...

AUSTRALIAN GOVT TO INVEST EXTRA US$1.16 BLN IN SMALL BUSINESSES.
May 1, 2007... MELBOURNE, May 1 Asia Pulse - Small companies will get a .4 billion ($US1.16 billion) boost to help them gain a foothold in global manufacturing in next week's federal budget, Fairfax newspapers report today. The 10-year program, to be...

A CYBERSPACE FOR YOU?
May 1, 2007... (Full text of a statement. Contact details below.) A Cyberspace For You? WELLINGTON, May 1/NZPA-AsiaNet/ -- Tech start up seeks volunteers to test an innovative Web hypothesis Technology start-up VortexDNA is asking for...

EKAHAU TO PROVIDE UNDERGROUND ASSET TRACKING FOR INCO MINES.
May 1, 2007... (Full text of a statement. Contact details below.) Ekahau to Provide Underground Asset Tracking for Inco Mines SARATOGA, Calif., April 30 /PRNewswire-AsiaNet/ -- Prominent Canadian Mining Company to Improve Worker Productivity with...

USA SHOOTINGS PROMPT NEW SCHOOL EMERGENCY NOTIFICATION SYSTEM.
May 1, 2007... (Full text of a statement. Contact details below.) USA Shootings Prompt New Emergency Notification System For Schools ADELAIDE, 30 April /MediaNet International/-- USA Shootings prompt New Emergency Notification System for Schools!...

MARSH FLIPS VIEW OF RISK WITH BOLD NEW BRANDING CAMPAIGN.
May 1, 2007... (Full text of a statement. Contact details below.) Marsh Flips View of Risk ''Upside'' Down with Bold New Branding Campaign Advertising Writers/ NEW YORK--(BUSINESS WIRE)--April 30, 2007--Marsh Inc., the world's leading risk and...

AUSTRALIA'S ST GEORGE BANK POSTS 14 PCT RISE IN H1 NET PROFIT.
May 1, 2007... SYDNEY, May 1 Asia Pulse - St George Bank Ltd (ASX:SGB) has posted a 14 per cent lift in first half earnings and increased its guidance for the full year. Australia's fifth largest bank said earnings per share (EPS) growth for the full...

SMART SIDEBAR HEEII OFFERS UNIQUE SEARCH AND FIND METHOD.
May 1, 2007... (Full text of a statement. Contact details below.) Smart Sidebar Heeii Offers Unique Search and Find Method GRONINGEN, May 1 /PRNewswire-AsiaNet/ -- Heeii is a surprisingly smart sidebar for browsers. While you surf, it...

AUSTRALIA'S AVEXA IDENTIFIES OVER-ALLOCATION IN RIGHTS ISSUE.
May 1, 2007... SYDNEY, May 1 Asia Pulse - Melbourne biotech Avexa Ltd (ASX:AVX) says it has identified an over-allocation of 8.2 million shares to existing shareholders as part of its $A60 million ($US49.73 million) rights issue. In April, the company...

AUSTRALIAN MANUFACTURING ACTIVITY DOWN IN APRIL.
May 1, 2007... SYDNEY, May 1 Asia Pulse - Growth in Australia's manufacturing industry has declined for the second straight month as economic uncertainty weighs on production growth, new figures show. The Australian Industry Group-PricewaterhouseCoopers...

NSW COUNCILS MOVE TO SECURE 45-YEAR WATER SUPPLY.
May 1, 2007... SYDNEY, May 1 Asia Pulse - Two councils north of Sydney have revealed plans to secure a 45-year supply of water. The $A80 million ($US66.31 million) plan for a pipeline would mean an end to a long period of water restrictions, Fairfax...

AUSTRALIA'S OPPN LEADER DEFENDS IR POLICIES.
May 1, 2007... CANBERRA, May 1 Asia Pulse - Labor leader Kevin Rudd is under pressure on two fronts over his party's industrial relations (IR) policies. While facing criticism from business for his plans to give employees with young children the right to...

SOUTH AUSTRALIA TO REVIEW SANTOS OWNERSHIP CAP.
May 1, 2007... ADELAIDE, May 1 Asia Pulse - The South Australian government has announced a review of a 28-year old law limiting individual shareholder ownership in oil and gas giant Santos (ASX:STO) to 15 per cent. Premier Mike Rann says the six-month...

AUSTRALIAN OPPN, STATES COMMISSION NEW CLIMATE CHANGE REPORT.
May 1, 2007... CANBERRA, April 30 Asia Pulse - Federal Labor today teamed up with state governments to commission an Australian version of the Stern report on climate change. But the federal government accused Labor of keeping voters in the dark by not...

ETELECARE IPO POSITIONS FIRM FOR CONTINUED GROWTH IN BPO SECTOR.
May 1, 2007... (Full text of a statement. Contact details below.) eTelecare IPO Positions Company for Continued Growth in Business Process Outsourcing Industry Business Editors SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 30, 2007--eTelecare Global...

INDIA'S BHARATI WINS US$64.8 MLN SHIPBUILDING CONTRACT.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Bharati Shipyard says it has been commissioned to build an offshore support vessel for integrated offshore oilfield services provider Great Offshore. Bharati Shipyard on Monday, informed the Bombay Stock Exchange...

INDIA'S SAKTHI SUGARS BUYS INTERMET EUROPE.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Sakthi Sugars has announced that it has acquired a group of companies from US-based Intermet International for an undisclosed amount. The company's wholly-owned subsidiary, Sakthi Auto Component Ltd (SACL), has...

NETEZZA APPOINTS ROBERT J. DUNST, JR. TO BOARD OF DIRECTORS.
May 1, 2007... (Full text of a statement. Contact details below.) Netezza Appoints Robert J. Dunst, Jr. to Board of Directors Industry Veteran Brings Wealth of Expertise to Data Warehouse Appliance Company FRAMINGHAM, Mass.--(BUSINESS...

CSBC TAIWAN NETS US$23.4 MLN IN FIRST QUARTER PROFIT.(Financial report)
May 1, 2007... KAOHSIUNG, May 1 Asia Pulse - Taiwan's state-run shipbuilding company, CSBC Corporation Taiwan, has netted after-tax profits totaling NT$780 million (US$23.44 million)in the first quarter of this year, according to initial performance results...

RAPISCAN SYSTEMS EXPANDS PRESENCE IN AUSTRALIAN MARKET.
May 1, 2007... (Full text of a statement. Contact details below.) Rapiscan Systems, a Leading International Security Screening & Inspection Company, Expands Presence in Australian Market with Establishment of Operations in Melbourne Business Editors...

ALMOST HALF OF TAIWANESE YOUTH ADMIT TO IMPULSE BUYING.
May 1, 2007... TAIPEI, May 1 Asia Pulse - Nearly half of Taiwanese youngsters practice impulse buying, although over 70 per cent of them agree that it is worthwhile to think it over before making a decision, according to results of a survey released Monday....

STOCKS - TOKYO MARKET OPENS FLAT - MAY 1, 2007.
May 1, 2007... TOKYO, May 1 Asia Pulse - Tokyo shares started 0.02 per cent lower Tuesday, with the Nikkei-225 index edging down 4.11 points to 17,396.30 in early trade. ASIA PULSE 01-05 1014

MARCH 23 SHOULD BE 'TAIWAN INDEPENDENCE DAY': VP.
May 1, 2007... TAIPEI, May 1 Asia Pulse - Taiwan is a sovereign state and "formally became independent" the day Taiwan people cast their votes to elect their president for the first time March 23, 1996, Vice President Annette Lu claimed Monday in the eastern...

PARSVNATH DEVELOPERS INCLUDED IN CNX 500 INDEX ON INDIA'S NSE.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Shares of leading real estate firm Parsvnath Developers (BSE:532780) on Monday got included in the S&P CNX 500 Index on the National Stock Exchange. Parsvnath has replaced Visulsoft Technologies in the index which...

AREVA INDIA ANNOUNCES 75 PCT JUMP IN NET PROFIT, EXPANSION PLAN.(Financial report)
May 1, 2007... NEW DELHI, May 1 Asia Pulse - Electrical equipment manufacturer Areva T&D India on Monday, said it will invest Rs 4 billion (US$97.75 million) over the next three years, in the expansion of its manufacturing capacity. The company also...

INDIA'S NECTAR LIFESCIENCES TO INVEST US$18 MLN IN MFG UNITS.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Nectar Lifesciences (BSE:532649), an active pharmaceutical ingredient maker, will be setting up two manufacturing facilities at Baddi in Himachal Pradesh, for an investment of Rs 750 million (US$18.3 million). ...

NORWAY ASKS NOVARTIS TO WITHDRAW PATENT CASE AGAINST INDIA.
May 1, 2007... NEW DELHI, May 1 Asia Pulse - Norwegian government has intervened in a high-profile case filed by Novartis against Indian patent laws by asking the drug company to withdraw the litigation. "India contributes in very significant ways to the...

AUSTRALIAN NEWSPAPER HIGHLIGHTS - MAY 1, 2007.
May 1, 2007... SYDNEY, May 1 Asia Pulse - Highlights of today's newspapers: THE AUSTRALIAN FINANCIAL REVIEW: - BHP has warned the federal Opposition its industrial relations policies could threaten the booming resources sector. - Orica has...

INDIAN EXPORTERS FIND US$160 BLN EXPORT TARGET UNREALISTIC.
May 1, 2007... NEW DELHI, May 1 Asia Pulse - In the backdrop of a sharp rise in the value of the rupee and emerging slowdown in the global economy, a majority of exporters feel the export target of US$160 billion set by the government is too ambitious,...

AUSTRALIA'S MACQUARIE INFRASTRUCTURE SAYS H1 PROFIT UP 30 PCT.(Financial report)
May 1, 2007... SYDNEY, May 1 Asia Pusle - One of the world's largest toll road developers and operators, Macquarie Infrastructure Group (ASX:MIG), has posted a third quarter earnings growth of 29.6 per cent, on the back of stronger traffic figures. ...

INDIA'S NETWORK 18 TO INVEST US$10 MLN IN ENTERTAINMENT FIRM.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Leading media company, Network 18 will invest over Rs 410 million (US$10 million) in The Indian Film Company which is proposed to be listed on the Alternative Investment Market (AIM) of London Stock Exchange. The...

CHEN URGES EUROPEAN PARLIAMENT TO SUPPORT TAIWAN'S WHO BID.
May 1, 2007... TAIPEI, May 1 Asia Pulse - President Chen Shui-bian urged the European Parliament Monday to continue to support Taiwan's bid to join the World Health Organization (WHO), a goal which is being pursued this year under the name of "Taiwan." ...

SINGAPORE NEWSPAPER HIGHLIGHTS - MAY 1, 2007.
May 1, 2007... SINGAPORE, May 1 Asia Pulse - Highlights of today's newspapers: THE STRAITS TIMES: - UOB eyes stake in Chinese regional lender Evergrowing. - SMEs can apply for rebate from July. - Cosco hauls in 12 per cent rise in quarterly...

STOCKS - AUSTRLIAN SHARES OPEN FLAT - MAY 1, 2007.
May 1, 2007... SYDNEY, May 1 Asia Pulse - The Australian share market has started the month flat following an easing on Wall Street overnight and steady commodity prices in London, with analysts predicting a quiet day of "consolidation". At 1015 AEST,...

SOUTH KOREAN NEWSPAPER HIGHLIGHTS - MAY 1, 2007.
May 1, 2007... SEOUL, May 1 Asia Pulse - Highlights of today's newspapers: Vernacular dailies: - Seismic shift expected in S. Korean political landscape in May (KYUNGHYANG SHINMUN) - Former SNU chief drops presidential bid (KOOKMIN DAILY) -...

CHINESE OFFICIAL SUGGESTS 2008 KMT-CPC FORUM IN TAIWAN.
May 1, 2007... BEIJING, May 1 Asia Pulse - A senior Chinese official said Monday that he would like to see the 2008 Cross-Strait Economic, Trade and Cultural Forum between the opposition Kuomintang (KMT) and the Communist Party of China (CPC) held in Taiwan....

TAIWAN FOREIGN AFFAIRS MINISTRY TO HOLD FORUM ON ePASSPORTS.
May 1, 2007... TAIPEI, May 1 Asia Pulse - Scores of foreign experts on electronic passports have been invited to attend a seminar to be sponsored Tuesday by the Ministry of Foreign Affairs (MOFA) to offer tips on Taiwan's e-passport issuance plan, a...

FOREX - RINGGIT ENDS WEAKER AGAINST US DOLLAR - APRIL 30, 2007.
May 1, 2007... KUALA LUMPUR, April 30 Asia Pulse - The ringgit ended at 3.4205/4235 against the U.S. dollar on Monday, weaker than 3.4199 at the close on Friday. ASIA PULSE 01-05 1045

INDIA'S JSW STEEL AQCUIRES UK-BASED STEEL PLANT FOR US$7.4 MLN.
May 1, 2007... NEW DELHI, May 1 Asia Pulse - JSW Steel Limited (BSE:500228) on Monday announced the acquisition of UK-based Argent Independent Steel Limited at an enterprise value of 3.7 million Pounds (US$7.4 million). "JSW Steel Ltd, through its wholly...

AUSTRALIA'S ARISTOCRAT EXPECTING UP TO 20 PCT JUMP IN NET PROFIT.
May 1, 2007... SYDNEY, May 1 Asia Pulse - Gaming group Aristocrat Leisure Ltd (ASX:ALL) says it expects first half earnings to be up to 20 per cent higher than for the same period last year. The company said it expects a net profit for the six months to...

U.S. KEEPS S. KOREA ON IPR 'WATCH LIST' BUT WELCOMES TRADE PACT.
May 1, 2007... WASHINGTON, May 1 Asia Pulse - The United States kept South Korea on its intellectual property rights (IPR) "watch list" in this year's annual report Monday but noted a recently concluded trade pact will lead to significant improvements. ...

PRIVATE CONSORTIUM BIDS FOR AUSTRALIA'S SYMBION HEALTH.
May 1, 2007... SYDNEY, May 1 Asia Pulse - Pathology, medical centres and drugs distributor Symbion Health Ltd (ASX:SYB) has received an unsolicited takeover proposal from a private equity consortium valuing the company at $A2.78 billion ($US2.3 billion). ...

AUSTRALIA'S SP TELEMEDIA OFFLOADS BROADCASTING OPS TO PBL.
May 1, 2007... SYDNEY, May 1 Asia Pulse - SP Telemedia Ltd (ASX:SOT) will sell its media assets, including television station NBN Television, to PBL Media for $A250 million ($US207.21 million). "SP Telemedia Ltd wishes to advise that it has entered into...

AUSTRALIA'S SIMS GROUP REAFFIRMS OUTLOOK FOR Q4.
May 1, 2007... MELBOURNE, May 1 Asia Pulse - Scrap metal recycler Sims Group Ltd (ASX:SGM) says its outlook for the fourth quarter is strong, after its profit after tax rose 11 per cent to $A55.2 million ($US45.75 million) in the three months to March. ...

JINCHUAN NICKEL MOVES TO 11% OF ALLEGIANCE BY $38M PLACEMENT.
May 1, 2007... (Full text of a statement. Contact details below.) Jinchuan Nickel Moves To 11% Of Allegiance By $38m Placement SYDNEY, May 1 /Medianet International-AsiaNet/ -- Allegiance Mining NL (Allegiance) is pleased to announce that it has...

IRAN, DUBAI INK MOU ON ELECTRICITY NETWORK LINK.
May 1, 2007... TEHRAN, May 1 Asia Pulse - Iran and Dubai on Sunday agreed to cooperate in linking electricity networks through underwater cables. Managing Director of Iran's Power Generation, Transmission and Distribution Company Tavanir Mohammad-Ali...

BENTLEY ANNOUNCES THE PROJECTWISE PASSPORT.
May 1, 2007... (Full text of a statement. Contact details below.) LOS ANGELES--(BUSINESS WIRE)--April 30, 2007--Bentley Systems, Incorporated today announced the ProjectWise Passport - a versatile, portable, and global license for collaboration. Said...

ONLINEBOOTYCALL.COM REACHES THE TWO MLN MEMBERS, 1 MARRIAGE.
May 1, 2007... SAN DIEGO, May 1 /PRNewswire-AsiaNet/ -- The dating Web site, OnlineBootyCall.com, a division of Mobeze, Inc., is proud to announce that they have received only one confirmed report of marriage since their Web site's inception four years...

INDIA'S ASHOK LEYLAND TO ACQUIRE US AUTOMOTIVE TESTING FIRM.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Hinduja Group's flagship company Ashok Leyland (BSE:500477) will acquire US-based automotive testing services company Defiance Testing and Engineering Services, Inc (DTE) for over Rs 700 million (US$17 million). ...

HONG KONG NEWSPAPER HIGHLIGHTS - MAY 1, 2007.
May 1, 2007... HONG KONG, May 1 Asia Pulse - Highlights of today's newspapers: SOUTH CHINA MORNING POST: - The Link Management's chief executive will step down when his contract ends in mid-July, he said yesterday, citing health reasons. -...

INTERACTIVE BROKERS GROUP, INC. INCREASES SIZE OF PROPOSED IPO.
May 1, 2007... (Full text of a statement. Contact details below.) Interactive Brokers Group, Inc. Increases Size of Proposed IPO GREENWICH, Conn., April 30 /PRNewswire-AsiaNet/ -- Interactive Brokers Group, Inc. today announced that it has filed...

TAIWAN URGES BEIJING TO PARTICIPATE IN CROSS-STRAIT FORUMS.
May 1, 2007... TAIPEI, May 1 Asia Pulse - The Cabinet-level Mainland Affairs Council (MAC) suggested Monday that China act within existing cross-Taiwan Strait engagement mechanisms while proposing to open more access points for cross-straits chartered flight...

INDIA'S ZEE GROUP TO PUMP US$183 MLN INTO DISH TV.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Zee Group's Direct-To-Home (DTH) arm Dish TV (BSE:532839) on Monday said its promoters would infuse up to Rs 7.50 billion (US$183 million) into the company by subscribing to preference shares. "The Board has...

CSBC TAIWAN NETS US$23.4 MLN IN FIRST QUARTER PROFIT.(Financial report)
May 1, 2007... KAOHSIUNG, May 1 Asia Pulse - Taiwan's state-run shipbuilding company, CSBC Corporation Taiwan, has netted after-tax profits totaling NT$780 million (US$23.44 million)in the first quarter of this year, according to initial performance results...

CORR: STOCKS - AUSTRALIAN SHARES OPEN FLAT - MAY 1, 2007.
May 1, 2007... (Corrects spelling in headline) SYDNEY, May 1 Asia Pulse - The Australian share market has started the month flat following an easing on Wall Street overnight and steady commodity prices in London, with analysts predicting a quiet day of...

IRAN PARTICIPATING IN ELECTRICITY SECTORS OF 10 COUNTRIES.
May 1, 2007... SHAHR-E-KORD, Charmahal-Bakhtiari prov, May 1 Asia Pulse - Iran is coordinating construction of dams, power plants and electricity transfer networks with 10 countries, deputy power minister for legal, parliamentary and logistic affairs said on...

INDONESIA URGED TO CONSIDER ENVIRONMENTAL IMPACT OF SAND EXPORTS.
May 1, 2007... BATAM, SUMATRA, May 1 Asia Pulse - A local businessperson urged the Indonesian Government to conduct a strategic study on the environmental impacts of sand exports, before resuming a permit issuance for sand exports to Singapore. Before...

INDONESIAN MUDFLOW VICTIMS AGREE TO GOVT COMPENSATION SCHEME.
May 1, 2007... SIDOARJO, May 1 Asia Pulse - Residents of the Tanggulangin Anggun Sejahtera I housing complex whose properties have been inundated by mud flowing from the Lapindo Brantas drilling operations in Sidoarjo, East Java, have finally agreed to accept...

S. KOREAN EXPORT GAINS ACCELERATE IN APRIL.
May 1, 2007... SEOUL, May 1 Asia Pulse - South Korea's export growth accelerated in April from a year earlier, fueled by strong overseas demand for semiconductors, ships, petrochemicals and steel, a government report said Tuesday. Overseas shipments...

NORTH SUMATRA EARNS US$389 MLN FROM CRUDE PALM OIL EXPORTS.
May 1, 2007... MEDAN, May 1 Asia Pulse - North Sumatra province in the first quarter of 2007 earned US$389.546 million from exporting crude palm oil and by-products compared with US$307.387 million in the same period a year earlier. Despite the rise in...

INDONESIAN MINISTRY SET TO REDUCE JOBLESS BY 1.5 - 2 MLN IN 2007.
May 1, 2007... JAKARTA, May 1 Asia Pulse - Manpower and Transmigration Minister Erman Suparno said his ministry had set itself the target of reducing the country's unemployed by two million this year. "We have reduced the number of unemployed people from...

PROMOTERS TO INFUSE FUNDS IN INDIA'S GEI HAMON INDUSTRIES.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Gei Hamon Industries (BSE:530743), maker of heat management systems for oil and power companies, will raise Rs 52.6 million (US$1.3 million) through the preferential issue of equity-linked warrants to its promoters....

SINGAPORE ASSURES RETURN OF ILL-GOTTEN ASSETS TO INDONESIA.
May 1, 2007... JAKARTA, May 1 Asia Pulse - Prime Minister Lee Hsien Loong of Singapore assured the return of assets to Indonesia of Indonesians in his country convicted of corruption. "We have a regulation ruling the return of the assets of law fugitives...

ETA STAR INDIA LAUNCHES FIRST RESIDENTIAL PROJECT IN CHENNAI.
May 1, 2007... DUBAI, May 1 Asia Pulse - ETA Star, the first freehold property developer in the region to receive an ISO 9001: 2000 certification, has recently launched its first residential project in Chennai, India, representing the start of the company's...

CORR: MACQUARIE INFRASTRUCTURE SAYS Q3 PROFIT UP 30 PCT.(Financial report)
May 1, 2007... (Corrects headline) SYDNEY, May 1 Asia Pusle - One of the world's largest toll road developers and operators, Macquarie Infrastructure Group (ASX:MIG), has posted a third quarter earnings growth of 29.6 per cent, on the back of stronger...

Australia's Macquarie Infrastructure posts 30 pct jump in profit.(Financial report)
May 1, 2007... SYDNEY, May 1 Asia in Focus - One of the world's largest toll road developers and operators, MACQUARIE INFRASTRUCTURE GROUP (ASX:MIG), has posted third quarter earnings growth of 29.6 per cent, on the back of stronger traffic figures. Macquarie...

THAI NEWSPAPER HIGHLIGHTS - MAY 1, 2007.
May 1, 2007... BANGKOK, May 1 Asia Pulse - Highlights of today's newspapers: BANGKOK POST: - Prime Minister Surayud Chulanont admitted an information campaign by ousted prime minister Thaksin Shinawatra was a political problem, and will hire a US...

ADVISORY - CHINESE STOCK MARKET CLOSED - MAY 1-4, 2007.
May 1, 2007... SHANGHAI, May 1 Asia Pulse - Please be advised that Chinese sharemarkets are closed from today until Friday May 4 for the Mayday series of public holidays. The market will reopen Monday, May 7. ASIA PULSE 01-05 1204

ADVISORY - STOCKS - HONG KONG BOURSE CLOSED - MAY 1, 2007.
May 1, 2007... HONG KONG, May 1 Asia Pulse - Please be advised that the Hong Kong bourse will be closed today for the Labour Day holiday. Trading will resume on Wednesday May 2. ASIA PULSE 01-05 1206

INDONESIAN NEWSPAPER HIGHLIGHTS - MAY 1, 2007.
May 1, 2007... JAKARTA, May 1 Asia Pulse - Highlights of today's newspapers: KOMPAS: - Vice President Jusuf Kalla has promised there will be no discrimination against foreign investors and that the government will improve legal systems and revise a...

ADVISORY - STOCKS - TAIPEI BOURSE CLOSED - MAY 1, 2007.
May 1, 2007... TAIPEI, May 1 Asia Pulse - Please be advised that the Hong Kong bourse will be closed today for the Labour Day holiday. Trading will resume on Wednesday May 2. ASIA PULSE 01-05 1208

ADVISORY - STOCKS - INDIAN SHARE MARKETS CLOSED MAY 1-2, 2007.
May 1, 2007... MUMBAI, May 1 Asia Pulse - Please be advised that Indian sharemarkets will be closed today and tomorrow for the Labour Day series of public holidays. Trading will resume on Thursday, May 3. ASIA PULSE 01-05 1211

ADVISORY - STOCKS - PHILIPPINE BOURSE CLOSED - MAY 1, 2007.
May 1, 2007... MANILA, May 1 Asia Pulse - Please be advised that the Philippine bourse will be closed today for the Labour Day holiday. Trading will resume on Wednesday May 2. ASIA PULSE 01-05 1213

AUSTRALIA'S CMA CORP TO RAISE FUNDS FOR ROCYCLING ACQUISITION.
May 1, 2007... SYDNEY, May 1 Asia Pulse - Australian-based scrap metal group CMA Corporation Ltd (ASX:CMV) has announced details of its shareholder entitlement issue to raise $A37 million ($US30.67 million) to fund the acquisition of Victoria-based Southern...

ADVISORY - STOCKS - SINGAPORE BOURSE CLOSED - MAY 1, 2007.
May 1, 2007... SINGAPORE, May 1 Asia Pulse - Please be advised that the Singapore bourse will be closed today for the Labour Day holiday. Trading will resume on Wednesday, May 2. ASIA PULSE 01-05 1215

ADVISORY - STOCKS - MALAYSIAN BOURSE CLOSED - MAY 1-2, 2007.
May 1, 2007... KUALA LUMPUR, May 1 Asia Pulse - Please be advised that the Malaysian bourse will be closed today and tomorrow for the Labour Day series of public holidays. Trading will resume on Thursday, May 3. ASIA PULSE 01-05 1217

ADVISORY - STOCKS - THAI BOURSE CLOSED - MAY 1, 2007.
May 1, 2007... BANGKOK, May 1 Asia Pulse - Please be advised that the Bangkok bourse will be closed today for the Labour Day holiday. Trading will resume on Wednesday, May 2. ASIA PULSE 01-05 1220