AsiaPulse News articles from October 2008

AsiaPulse News archives from October 2008

FOREX - AUSTRALIAN DOLLAR OPENS DOWN - OCT 1, 2008.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - The Australian dollar has opened weaker, dropping below US$0.7900 overnight due to a stronger US dollar and concerns that the financial crisis engulfing the US was spreading to Europe. At 0700 AEST, the...

STOCKS - BOMBAY SHARES END STRONGER - SEPT 30, 2008.
October 1, 2008... MUMBAI, Sept 30 Asia Pulse - Defying global trends, Indian stock markets rose by 264 points Tuesday after Finance Minister P Chidamabram and regulator SEBI pitched in to assure investors, whose worries deepened following the much-awaited mega...

EMPLOYER CONFIDENCE IN AUSTRALIA AT 5 YEAR LOW: SURVEY.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - Australian employer confidence has hit a five year low as they work out what impact global economic instability will have on their businesses, a survey says. Employers are less inclined to hire permanent staff now...

AUSTRALIAN TREASURER DECLINES TO PRESSURE BANKS OVER RATE CUTS.
October 1, 2008... CANBERRA, Oct 1 Asia Pulse - Australian Federal Treasurer Wayne Swan has refused to pressure banks to pass on the full amount of any cut in the official cash rate. The Reserve Bank is widely expected to announce a rate cut before the year...

NEW NSW LAWS ON DISCLOSURE OF POLITICAL DONATIONS IN FORCE.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - New laws in the Australian state of New South Wales compelling developers to disclose political donations have come into force - seven months after Wollongong Council was sacked over the cash-for-developments scandal....

AUSTRALIAN BOND MARKET OPENS LOWER - OCT 1, 2008.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - The Australian bond market has opened weaker after US equity markets bounced back strongly from yesterday's savage decline and US Treasuries sold off. At 0830 AEST, the yield on the Commonwealth Government March...

AUSTRALIAN NEWSPAPER HIGHLIGHTS - OCT 1, 2008.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - Highlights of today's newspapers: THE AUSTRALIAN FINANCIAL REVIEW: - Key US congressional leaders are scrambling to revive the US$700 billion brank rescue plan after a divided congress rejected the bill. ...

AUSTRALIAN MANUFACTURING ACTIVITY INDEX REMAINS LOW IN SEPTEMBER.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - Manufacturing activity in Australia fell for a fourth straight month in September as high interest rates and falling demand kept firms under pressure, a survey says. The Australian Industry (AI)...

ATMAIL ANNOUNCES AVAILABLITY OF ATMAIL OPEN VIA FREE BSD PORTS.
October 1, 2008... (Full text of a statement. Contact details below.) MEDIA RELEASE PR32004 ATMAIL ANNOUNCES AVAILABLITY OF ATMAIL OPEN VIA FREE BSD PORTS BRISBANE and COEUR D'ALENE, Idaho, Sept. 30 /PRNewswire- AsiaNet/ -- AtMail Open embraced...

ANADIGICS DELIVERS 3G PA TO LG ELECTRONICS ON AT&T NETWORK.
October 1, 2008... (Full text of a statement. Contact details below.) MEDIA RELEASE PR32013 ANADIGICS Delivers 3G PA to LG Electronics for Newest Touch Screen Handset on AT&T Network WARREN, N. J., Sept. 30 /PRNewswire-AsiaNet/ -- Company's...

MARVELL TECHNOLOGY SELECTED FOR MITSUBISHI'S DIGITAL TV PLATFORM.
October 1, 2008... (Full text of a statement. Contact details below.) MEDIA RELEASE PR32009 Marvell's High Definition Video Processing Technology Selected for Mitsubishi's Next-Generation Digital TV Platform SANTA CLARA, Calif., Sept. 30...

WARNER BROS TO RELEASE VIDEO-ON-DEMAND BEFORE DVD IN KOREA.
October 1, 2008... MEDIA RELEASE PR32018 Warner Bros. Becomes First Hollywood Studio to Release Movies Through Video-on-Demand Prior to Release of DVD in Korea LONDON, Sept 30 /PRNewswire-AsiaNet/ - - Studio to Make Movies Available Two Weeks Prior...

S KOREAN GOVT TO TAKE STEPS TO REDUCE FX OPTION LIABILITIES.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - The South Korean government is planning to announce measures to reduce the fallout of currency option derivatives that are threatening many small- and medium-size enterprises (SMEs), a senior policymaker said Tuesday....

KOREA EXPRESS EYES SALES OF US$1.74 BLN THIS YEAR.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - Korea Express Co., the nation's top logistics company, said today that it is aiming at sales of 2.1 trillion won (US$1.74 billion) this year. In a regulatory filing, the company also said it has set a target of...

STOCKS - TOKYO SHARES OPEN STRONGER - OCT 1, 2008.
October 1, 2008... TOKYO, Oct 1 Asia Pulse - Tokyo shares opened 1.21 per cent firmer in early trade Wednesday on the back of a powerful rally on Wall Street overnight, traders said. The Tokyo Stock Exchange's benchmark Nikkei-225 index surged 136.75 points...

NOVALYST DISCOVERY AND ALIX AGREE TO MERGE.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(NOVALIX) Novalyst Discovery and AliX Agree to Merge / NovAliX Launch Integrating Structural Biology and Medicinal Chemistry Health Editors STRASBOURG, France--(BUSINESS...

PNG TO PAY US$1.2 BLN CASH FOR GAS EQUITY: PM.
October 1, 2008... PORT MORESBY, Oct 1 Asia Pulse - Papua New Guinea (PNG) will pay around K3 billion (US$1.179 billion) in cash for its 19.4 per cent equity in the PNG liquefied natural gas (LNG) project, Prime Minister Sir Michael Somare has announced, reports...

UK COS WASTE 1.8 BLN POUNDS EVERY YR FROM ENERGY INEFFICIENCY.
October 1, 2008... (Full text of a statement. Contact details below.) MEDIA RELEASE PR31886 Companies in the UK Waste 1.8 Billion Pounds Sterling Every Year Through Inefficient Energy Consumption LONDON, Oct. 1 /PRNewswire-AsiaNet/ -- Business...

ARCELORMITTAL, POSCO SEEK FASTER ALLOCATION OF IRON ORE MINES.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - The world's leading steel makers including Posco (KSE:058430) and ArcelorMittal have asked government to speed up allocation of iron ore mines, saying they are critical for their greenfield projects planned in...

INDIA'S RELIANCE MONEY TO ENTER INVESTMENT BANKING BUSINESS.
October 1, 2008... MUMBAI, Oct 1 Asia Pulse - Anil Dhirubhai Ambani Group Reliance Money said it will foray into the investment banking sector and has obtained a merchant banking licence from market regulator Securities Exchange Board of India. The new...

A.M. BEST AFFIRMS RATINGS OF LONPAC INSURANCE BHD.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(NJ-A.M.-BEST) A.M. Best Affirms Ratings of Lonpac Insurance Bhd Insurance Writers OLDWICK, N.J.--Sep. 30, 2008--A.M. Best Co. has affirmed the financial strength rating of A-...

DON'T PANIC, RUMOUR BASELESS AND MALICIOUS: INDIA'S ICICI BANK.
October 1, 2008... MUMBAI, Oct 1 Asia Pulse - Stung by rumours that it was passing through a troubled phase, ICICI Bank (BSE:532174) asked its customers not to panic, saying rumours about the financial strength of the bank are baseless and malicious. "ICICI...

DS2 DISPLAYS CROSS GENERATION, FULLY INTEROPERABLE POWERLINE COM.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(DS2) DS2 Displays Cross Generation, Fully Interoperable Powerline Communications Technology Reflects Digital Convergence Theme of CEATEC 2008 Technology Editors CEATEC...

GLOBAL FINANCIAL CRISIS TO HIT INDIA'S CAPITAL INFLOWS: OFFICIAL.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - With markets abroad tumbling as the fate of US bailout package hangs in balance, a key Indian finance ministry official today said the global financial crisis will hurt capital inflows in India. "The situation...

S KOREAN GOVT TO EXTEND LIQUIDITY OF US$3.5 BLN TO SMES.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - South Korea's financial watchdog said Wednesday the government will extend liquidity of about 4.3 trillion won (US$3.56 billion) to smaller firms in a bid to help them ease cash shortages. "The government plans to...

HIGH-END CAR IMPORTERS UNDER INDIAN GOVT SCANNER.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - Almost two years after it first investigated alleged duty evasion by importers of high-end cars, the Indian government is now scrutinising over 400 such imports and has seized nearly 20 cars belonging to top...

INDIA'S BHARAY HEAVY WINS US$210 MLN THERMAL PLANT ORDER.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - Indian State-run power equipment maker Bharat Heavy Electricals (BSE:500103) today said it has bagged a Rs 9.9 billion (US$210.82 million) order to set up a 500 MW (2x250 MW) thermal power plant in Rajasthan. ...

CORR - INDIA'S BHARAT HEAVY WINS US$210 MLN THERMAL PLANT ORDER.
October 1, 2008... (corrects company name in headline) NEW DELHI, Oct 1 Asia Pulse - Indian State-run power equipment maker Bharat Heavy Electricals (BSE:500103) today said it has bagged a Rs 9.9 billion (US$210.82 million) order to set up a 500 MW (2x250 MW)...

GM UZBEKISTAN TO START SERIAL PRODUCTION OF LACETTI CARS.
October 1, 2008... TASHKENT, Oct 1 Asia Pulse - GM Uzbekistan, an Uzbek-US joint venture for production of cars, will start serial production of Lacetti cars in November, Prime Tass reported on Monday quoting management of the Uzavtoprom joint-stock company,...

S. KOREA'S NATIONAL DEBT TO GROW 4.2 PCT THIS YEAR.
October 1, 2008... SEOUL, Oct 1 (Asia Pulse - South Korea's national debt is expected to grow 4.2 per cent this year, mainly due to an overall increase in the issuance of state bonds, the government said Wednesday. State liabilities will amount to 311.6...

BLACKSTONE HIRES ASIA ADVISORY TEAM.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(NY-BLACKSTONE-GROUP)(BX.NYSE) Blackstone Hires Asia Advisory Team Business Editors NEW YORK & BEIJING--(BUSINESS WIRE) - Sep. 30, 2008-- The Blackstone Group (NYSE: BX) today...

INDIA'S SOUTHERN REGION MOST BULLISH ON HIRING PLANS: SURVEY.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - Employers in India's southern region have the strongest hiring intentions for the next three months and sectors such as mining, oil and gas, and construction are likely to report the most bullish recruitment...

AUSTRALIA'S PACIFIC GUEST WORKER SCHEME DELAYED TO NEXT YEAR.
October 1, 2008... CANBERRA, Oct 1 Asia Pulse - Australia's guest worker trial scheme which is involving Kiribati, Tonga, Vanuatu and PNG is unlikely to be up and running until some time next year., Radio Australia reports. The pilot project, which would...

STOCKS - SEOUL SHARES EDGE DOWN AFTER STRONG START - OCT 1, 2008.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - South Korean stocks started stronger Wednesday but soon lost ground as institutional selling overshadowed revived hopes that U.S. lawmakers will salvage a rejected bailout plan, analysts said. The benchmark Korea...

HONG KONG NEWSPAPER HIGHLIGHTS - OCT 1, 2008.
October 1, 2008... HONG KONG, Oct 1 Asia Pulse - Highlights of today's newspapers: SOUTH CHINA MORNING POST: - Regional markets were caught in a whirlwind of volatility yesterday as investors scrambled to make sense of the stunning rejection by United...

LET CAIRN, ONGC LAY OIL PIPELINE TO GUJARAT: INDIA'S PETROL MIN.
October 1, 2008... JAIPUR, Oct 1 Asia Pulse - Blaming the Rajasthan government for going slow on fuel production and transportation, India's Petroleum Minister Murli Deora today asked it to give permission to Cairn India and ONGC to lay a pipeline to transport...

MICROSOFT PLANS VIDEO-STREAMING SERVICE IN S. KOREA.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - U.S. software giant Microsoft Corp. plans to launch a Korean-language version of its Internet video-streaming service, the company's South Korean unit said Wednesday. Microsoft recently began beta testing of the...

KIA MOTORS SAYS PARTIAL STRIKES COST 13,382 VEHICLES IN LOST OUTPUT.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - Kia Motors Corp. (KSE:000270), South Korea's second-largest automaker, said Wednesday sporadic partial strikes by its unionized workers this year over annual wage negotiations cost 13,382 vehicles in lost production....

NO MARGIN PROBLEM IN SETTLEMENTS IN INDIA'S STOCK EXCHANGES: MIN.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - Allaying fears of payment problems in stock exchanges, India's government today said there is no margin problem in settlements, not even in the derivative segment. "There is no margin problem in settlement, not...

MERRILL LYNCH HIRES 6 BANKERS FROM LEHMAN BROTHERS.
October 1, 2008... MUMBAI, Oct 1 Asia Pulse - Crisis-ridden global investment bank Merrill Lynch, which is being acquired by Bank of America, has hired six investment bankers from another troubled US financial major Lehman Brothers for its Asia operations. ...

STOCKS - AUSTRALIAN SHARES OPEN SHARPLY STRONGER - OCT 1.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - The Australian stock market has opened more than three per cent higher today on strong leads from Europe and Wall Street, as overseas regulators scramble to save financial giants. At 1015 AEST, the S&P/ASX200 was...

INDIAN COMMUNICATION CO RCOM'S CAPEX MAY FALL IN FY 09.
October 1, 2008... MUMBAI, Oct 1 Asia Pulse - Anil Ambani's Rcom (BSE:532712), which is in the midst of a Rs 500 billion (US$10.65 billion) investment programme, today said the company's capex is expected to decline significantly from 2009-10 onwards as the...

STOCKS - SRI LANKA SHARES FALL SHARPLY - SEPT 30, 2008.
October 1, 2008... COLOMBO, Sept 30 Asia Pulse - Sri Lankan shares fell sharply Tuesday, pulled down largely by the slide in the two heavyweight telecom stocks on earnings fears as investors remained nervous about the local and global economy, brokers said. ...

SRI LANKA'S DIALOG TELEKOM CUTS TARIFFS, BAGS 5 MLN CUSTOMERS.
October 1, 2008... COLOMBO, Oct 1 Asia Pulse - Sri Lanka's Dialog Telekom, a unit of Telekom Malaysia (KLSE:4863), said it had bagged five million subscribers, started per second billing and cut tariffs for calls within the network. A new post-paid package...

AUSTRALIA'S PAPERLINX SOUNDS A$300 MLN RIGHTS ISSUE TO CUT DEBTS.
October 1, 2008... MELBOURNE, Oct 1 Asia Pulse - Australia-based PaperlinX Ltd (ASX:PPX) has announced a A$300 million (US$236.79 million) accelerated non-renounceable rights issue to fund a $150 million reduction in its debt. The local paper manufacturer...

S. KOREA'S TRADE DEFICIT FALLS TO US$1.9 BLN IN SEPTEMBER.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - South Korea's trade deficit narrowed to US$1.9 billion in September from $3.81 billion the month before due mainly to falls in crude oil and raw material prices, a government report showed Wednesday. Exports rose...

SRI LANKA'S 12-MONTH INFLATION FALLS IN SEPTEMBER.
October 1, 2008... COLOMBO, Oct 1 Asia Pulse - Consumer prices in Sri Lanka's capital Colombo increased by 24.3 per cent in the 12-months to September 2008, down from 24.9 per cent in August, the government's statistics office said. The revised Colombo...

SRI LANKA VENTURE CAPITAL FIRM LOSES TAX CASE, TO APPEAL.
October 1, 2008... COLOMBO, Oct 1 Asia Pulse - Lanka Ventures said it had lost a tax case against the department of inland revenue but that it planned to appeal in the supreme court. The company said in a stock exchange filing that it had provided 236...

HPCL SENDS SOS TO INDIAN GOVT, WANTS ONGC TO BUY ITS OIL BONDS.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - Unable to cope with mounting losses on fuel sales, India's Hindustan Petroleum Corp Ltd has sent a desperate SOS to Government demanding that cash-rich firms like ONGC buy the oil bonds it has, to provide...

INDIA'S RCOM CONTRACTS RELIANCE INFRA TO BUILD SEZ AT DAKC.
October 1, 2008... MUMBAI, Oct 1 Asia Pulse - Indian company Reliance Communications (BSE:532712) has contracted group company Reliance Infrastructure (BSE:500390) to develop a Special Economic Zone at Dhirubhai Ambani Knowledge City (DAKC) in Navi Mumbai, its...

NO PANIC; SEBI MONITORING SITUATION CLOSELY: INDIAN REGULATOR.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - Market regulator SEBI Tuesday allayed fears of the US financial crisis affecting Indian markets, saying there was no panic as it was monitoring the situation very closely. SEBI Chairman C B Bhave made statement...

INDIA'S GLOBAL BANKING DEALS IN SEPTEMBER TOUCH US$125 BLN.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - The global financial market turmoil has led to a series of merger and acquisition spree in India's banking sector as deals worth nearly US$125 billion were announced during September, a report said. The volume...

SOUTH KOREAN NEWSPAPER HIGHLIGHTS - OCT 1, 2008.
October 1, 2008... SEOUL, Oct. 1 Asia Pulse - Highlights of today's newspapers: KOREAN-LANGUAGE DAILIES -- U.S. shares surge amid hopes for bailout (Kyunghyang Shinmun) -- Korean stock market withstands global financial crisis (Kookmin Daily) --...

S.KOREAN PRESIDENT RETURNS HOME AFTER OFFICIAL TRIP TO RUSSIA.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - President Lee Myung-bak returned home on Wednesday after winding up his three-day official visit to Russia, during which South Korea and Russia upgraded their bilateral relations to a strategic cooperative partnership...

INDIA'S COM MINISTER URGES BSNL TO ROLL OUT 3G, WIMAX URGENTLY.
October 1, 2008... NEW DELHI, Oct 1 Asia Pulse - Expressing concern at the dwindling market share of Bharat Sanchar Nigam Ltd (BSNL) (BSE:BSNL), India's Communications and IT minister Mr A Raja, today asked the PSU to focus on cellular and broadband services and...

MEIFF BRINGS TO ABU DHABI THE BEST FILMS FROM WORLD FESTIVALS.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(MEIFF) MEIFF Brings to Abu Dhabi the Best Films from Festivals Around the World Abu Dhabi goes green with Environmental Films Programme Entertainment Editors MULTIMEDIA...

S KOREA'S PRESIDENT LEE PROPOSES NE ASIAN ECONOMIC COMMUNITY.
October 1, 2008... SAINT PETERSBURG, Russia, Oct 1 Asia Pulse - South Korean President Lee Myung-bak on Sunday proposed the formation of a Northeast Asian economic community by promoting tripartite cooperation projects with Russia and North Korea, including the...

TIES WITH N. KOREA WILL IMPROVE AFTER COOL SPELL: S. KOREA.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - Inter-Korean relations that have cooled in recent months will improve and become more concrete in the near future, South Korea's vice unification minister said Tuesday. "The current impasses should be viewed as a...

US COURT DISMISSES THIRD CLASS ACTION AGAINST AUST GRAIN CO AWB.
October 1, 2008... MELBOURNE, Oct 1 Asia Pulse - Australian agribusiness AWB Ltd (ASX:AWB) said today that all three class actions against the company in the United States arising from the United Nations oil-for-food kickbacks scandal had now been dismissed. ...

UZBEKISTSAN HOSTS OSCE WORKSHOP FOR CENTRAL ASIA.
October 1, 2008... TASHKENT, Oct 1 Asia Pulse - Fostering co-operation among police and other agencies in Central Asia is the purpose of a regional Organization for Security and Cooperation in Europe (OSCE) workshop that started in Tashkent on September 29,...

MALAYSIAN NEWSPAPER HIGHLIGHTS - OCT 1, 2008.
October 1, 2008... KUALA LUMPUR, Oct 1 Asia Pulse - Highlights of today's newspapers: BUSINESS TIMES: - Malaysia's biggest bank, Malayan Banking Bhd (Maybank), said it completed its purchase of a 56 per cent stake in Bank Internasional Indonesia (BII)...

SRI LANKA RUPEE BREAKS PEG AS MONETARY AUTHORITY STEPS BACK.
October 1, 2008... COLOMBO, Oct 1 Asia Pulse - Sri Lankan currency the rupee broke its peg at 107.90 and spiked to 108.35 rupees against the green back on Tuesday after the monetary authority ended a week of heavy intervention that saw more than US$100 million...

AUSTRALIAN TREASURY SELLS A$301 MLN 2017 BONDS AT SWITCH TENDER.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - The Australian Office of Financial Management (AOFM) has issued A$301 million (US$237.58 million) of February 15, 2017, Treasury bonds at an issue yield of 5.450 per cent. The bonds had a coupon of 6.00 per cent....

CORTINA AND RALINK ENABLING NEXT GEN MULTIMEDIA APPLICATIONS.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(CA-CORTINA-SYSTMS/RALINK) Cortina and Ralink Enabling Next Generation Multimedia Applications Connecting the Digital Home Through Highly-Integrated Cost-Effective Solutions ...

SRI LANKA CENTRAL BANK RELAXES DISCOUNT WINDOW.
October 1, 2008... COLOMBO, Oct 1 Asia Pulse - Sri Lanka's central bank has relaxed its 12.00 per cent discount window by allowing commercial banks and dealers to access it six times a month from the current three times a month. The central bank also has a...

HUSQVARNA VIKING EXPANDS ITS FAMILY OF EMBROIDERY MACHINES.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(SVP-WORLDWIDE) HUSQVARNA VIKING(R) Expands Its Family of Embroidery Machines with Its New DESIGNER TOPAZ(TM) Line--Embroidery is Now Accessible to More People Ideal for Large...

GCT SEMICONDUCTOR SELECTED AS FINALIST FOR BEST OF WIMAX WORLD 2.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(CA-GCT-SEMICONDUCTOR) GCT Semiconductor Selected as Finalist for Best of WiMAX World 2008 Awards GCT?s GDM7215 is the Industrys First and Only Single-Chip Solution Supporting Both...

SRI LANKA CENTRAL BANK REJECTS ALL BIDS AT AUCTION.
October 1, 2008... COLOMBO, Oct 1 Asia Pulse - Sri Lanka's central bank rejected an entire Treasury Bill auction on Tuesday bringing back memories of dark days in June 2007 when two auctions were absorbed by the central bank, and the country was plunged into a...

PREMIER FARNELL'S US$100,000 LIVE EDGE COMPETITION NOW OPEN FOR REGISTRATION.
October 1, 2008... (Full text of statement. Contact details below.) MEDIA RELEASE PR32019 Premier Farnell's US$100,000 Live EDGE Competition Now Open for Registration LONDON, Oct 1 /PRNewswire-AsiaNet/ -- - A Live EDGE Energy Efficiency...

SRI LANKA BOND MARKETS ILLIQUID AFTER RATE SPIKE.
October 1, 2008... COLOMBO, Oct 1 Asia Pulse - Trading in Sri Lanka's bond markets dried up Tuesday as market participants took stock of a sudden spike in rates at an auction a day earlier, amidst turmoil in international markets, dealers said. The...

RISI TO LAUNCH WOOD BIOMASS MARKET REPORT.
October 1, 2008... (Full text of statement. Contact details below.) MEDIA RELEASE PR32021 RISI to Launch Wood Biomass Market Report BOSTON, Oct. 1 /PRNewswire-AsiaNet/ -- RISI, the leading information provider for the global forest products...

DATA PROTECTION IN REAL TIME?
October 1, 2008... (Full text of a statement. Contact details below.) BW)(BRUCE-BOYERS-MARKETING) Data Protection in Real Time Technology Editors MUMBAI, India--(BUSINESS WIRE) - Sep. 30, 2008-- How important is data protection in real time. Well,...

S KOREA'S CURRENCY MARKET TO STABILIZE ON FALLING OIL PRICES.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - The volatility of South Korea's currency market is expected to ease on falling oil prices and their positive impact on the nation's current account balance, a senior finance ministry official said Wednesday. "With...

MARKET SHOULD BE MONITORED BY S KOREAN GOV'T: KIM DAE-JUNG.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - The Korean government should constantly manage and monitor the market to promote the market economy and keep it healthy, former South Korean President Kim Dae-jung said Tuesday. "Businessmen are not always good...

CINTERION WIRELESS MODULES PARTNERS WITH ASTRATA.
October 1, 2008... (Full text of a statement. Contact details below. (BW)(CINTERION-WIRELESS)(ATTG.OTCBB) Cinterion Wireless Modules Partners with Astrata to Supply 200,000 Modules Annually for Next Generation Telematics Solution High-Tech Writers ...

CYBERLINK TO UNVEIL SOLUTIONS FOR THE CONNECTED DIGITAL LIFESTYLE.
October 1, 2008... (Full text of a statement. Contact details below.) (BW)(CYBERLINK)(5203.TSE) CyberLink to Unveil Leading Solutions for the Connected Digital Lifestyle at CEATEC Japan 2008 High-Tech Writers CEATEC Japan 2008 DLNA booth (Hall 1,...

ABSOLUT LAUNCHES PLATFORM TO EXHIBIT HELMUT LANG'S "ALLES GLEICH SCHWER".
October 1, 2008... (Full text of statement. Contact details below.) MEDIA RELEASE PR31979 ABSOLUT Launches Pioneering Online Art Platform to Exhibit Helmut Lang's "Alles Gleich Schwer" STOCKHOLM, Sept. 30/PRNewswire-AsiaNet/ -- - In an ABSOLUT...

FUNDS TO BE INJECTED TO STABILIZE FOREX MKT: S KOREAN.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - South Korea will inject necessary funds to stabilize the foreign exchange market, the government's senior economic policymaker said Wednesday. Finance Minister Kang Man-soo told lawmakers of the ruling Grand...

FIRST CENTRAL ASIA MACHINERY EXHIBITION TO BE HELD IN TASHKENT.
October 1, 2008... TASHKENT, Oct 1 Asia Pulse - The first Central Asian Exhibition Machinery Central Asia 2008 will be held in Tashkent on 2-4 October. The exhibition will demonstrate complex solutions for modernization of material-technical and technologic...

ICICI BANK, SUBSIDIARIES WELL CAPITALISED: INDIA'S RBI.
October 1, 2008... MUMBAI, Oct 1 Asia Pulse - Stepping in to stem the tide following the run-on ICICI Bank (BSE:532174) in some parts of the country, the Reserve Bank of India said the largest private lender has sufficient liquidity and the organisation was well...

US ADMIN DOING ALL IT CAN TO SAVE RESCUE PACKAGE: AUST TREASURER.
October 1, 2008... CANBERRA, Oct 1 Asia Pulse - Australian Federal Treasurer Wayne Swan says he has been assured that the US administration is doing all it can to pass the banking bailout package as quickly as possible. Wall Street shares snapped back...

TESCO'S KOREAN UNIT AIMS FOR SALES OF US$10.5 BLN IN 2010.
October 1, 2008... SEOUL, Oct 1 Asia Pulse - British supermarket company Tesco Plc's South Korean venture said it aims to generate sales of 12.7 trillion won (US$10.5 billion) in 2010 as it has completed a takeover of smaller rival Homever. Samsung Tesco...

ASX SUSPENDS 30 COS FROM TRADING ON FAILURE TO LODGE ACCOUNTS.
October 1, 2008... SYDNEY, Oct 1 Asia Pulse - The Australian Securities Exchange has suspended 30 companies from trading following their failure to lodge full year statutory accounts for the period ending June 30, 2008. Among those suspended are micro lender...

SECOND MALAYSIAN SHIP FREED BY SOMALI PIRATES.
October 1, 2008... KUALA LUMPUR, Oct 1 Asia Pulse - The second Malaysian International Shipping Corporation (MISC) (KLSE:3816) tanker, hijacked in the Gulf of Aden by Somali pirates, has been freed. Defence Ministry director of public relations, Colonel...