Asia Africa Intelligence Wire articles from March 2003

Asia Africa Intelligence Wire archives from March 2003

Little diggers to watch.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Tim Treadgold The price of gold has shot up in recent months. In early 2003, most Australian investors missed the boat but obviously do not want to do so in future. The...

The Midas touch.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Graeme Adamson Newcrest Mining in an Australian gold and copper miner. It listed in 1987 and has had varying results since then. The late 2002/early 2003 rise in the...

Second gold run for old mine.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Peter Gibson Oroya Mining in Australia is a junior gold miner. It is well worth watching because it is planning to further develop an old gold mine that was never...

Small player is about to get much bigger.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Peter Gibson Three smaller companies in Australia are well worth watching. In early 2003, the Australian investor might like to look at the current projects that all...

One for the black book.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Trevor Hoey CDS Technologies in Australia is a company that is worth watching, because of its potential. In early 2003, it has a market capitalisation of $A50 million...

A small portfolio.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) The recent rise in the price of gold has not impressed many investors. This is because they view the price rise as temporary. In late 2002/early 2003, the price of gold shot up in...

A solid performance.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) A building materials company in Australia is worth looking at. Bristile is a Western Australian brick and paving materials producer. This did very well in 2002, given the strength of...

Campbell Brothers (CPB).
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Trevor Hoey Campbell Brothers is an Australian company with diversified businesses. It could be said to have a "complex" range of businesses, ranging from the...

Double the average.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Colin Nicholson Many investors want to learn when to buy and sell stocks. In early 2003, there is no foolproof method, but one way can be considered. This is to use the...

Breaking through the entry barriers.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Allan Trench There is something to be said for applying Marxist principles to investment strategies - not Karl's, but Groucho's. As Groucho said, he would not be a...

When performance can really matter.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Clive Gaunt Understanding financial statements can actually help you to invest successfully on the Australian Stock Exchange. The statement of financial performance...

DIY super needs careful thought.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Tony Rumble The move by Australians to do-it-yourself (DIY) superannuation funds is understandable, but requires caution. The Australian Prudential Regulation Authority...

More than just window dressing.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Trevor Hoey Investors are advised to consider buying shares in Australia's biggest manufacturer of window treatments and coverings, Kresta Holdings. Kresta shares are...

Integrated and discounted.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Trevor Hoey Australian-listed Integrated Group provides casual and permanent personnel to the industrial sector. Its revenue rose 300 per cent in the past four years,...

A reported revolution in the west.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Tim Treadgold The share price of Australian-listed Western Australian Newspapers (WAN) is likely to rise soon. The company reported a rise in advertising and circulation...

For whom the road tolls.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Trevor Hoey Buying shares in operators of toll roads can be an attractive investment proposition. Australian-listed Macquarie Infrastructure Group has assets of $A5.6...

Will Bush's dividend tax cut save the US market?
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Andrew Album Analysts are divided in their opinions about the impact of US President George W Bush's economic reform package on share prices. The package removed double...

Small players win out West.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Tim Treadgold A number of smaller Australian-listed companies operating in the oil sector have reported significant oil discoveries in recent months. Australian...

The new gold rush.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Tim Treadgold The price of gold has risen 37 per cent since 1979, from $US278.35 to $US381.25 on 4 February 2003. It is difficult to predict whether this trend will...

When rewards outweigh risks.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Colin Nicholson Those who invest in stocks must do so with a plan, with discipline. The untrained investor can be a victim of random reinforcement, where reward...

New warrants: hedge against volatility.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Stephen Calder Early 2003 has not been a busy period for Australian warrant markets, but a number of notable issues have been made. These provided traders with an...

Road Test: Fixed interest resettable trust securities.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Tony Rumble The Westpac Banking Corporation has launched a $A600m issue of fixed interest resettable trust securities (FIRsTs). During the issue's initial offer period...

Protect yourself.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Stephen Calder Portfolio insurance is a vital part of sensible investment. Although portfolio insurance reduces potential returns, it also reduces risk levels. There is...

Once mastered, profits can flow.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Guy Bower The principle of arbitrage is to buy at a low price and sell at a high one, making a modest, fixed profit. Chances for arbitrage are few and fleeting, so the...

SPIs like us.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Andrew Doig Share Price Index (SPI) traders who "played the shortside" reaped rewards in 2002. There were several low-risk indicators from the charts, even though the...

Missed signals.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Louise Bedford Oscillators, moving average cross-overs and chart patterns can be used to forecast share price actions. Sometimes an anticipated signal does not emerge....

Leaders of the pack.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Tim Knapton Australia's All Ordinaries has risen by close to six per cent since October 2002. Shares in five of the biggest 50 listed firms have gained over 40 per...

Sold on gold.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Shares) Byline: Andrew Doig There will be opportunities in the gold market in 2003. Since September 2002, the gold price has jumped from $US315 per ounce to over $US350, its highest...

Australian food statistics.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) The Australian food and beverage industry increased total sales by almost four per cent from 1999-2000 to 2000-2001. However, according to new figures from the Australian...

Australian record price paid for Grange.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) A Victorian wine enthusiast has paid a record $A54,480 for an imperial (6l) of 1998 Penfolds Grange. The online auction was conducted in January 2003 through Langton's. The...

Australian food industry supports charities.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) Australian food processors have not been slow to help charities of late. Paradise Food Industries donated $A0.10 from the sale of each pack of its "Cottage Cookies" sold...

Sunny Queen Pty Ltd to acquire Victoria's Farm Pride.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) Queensland's Sunny Queen has made a $A6.1 takeover bid for listed Victorian egg supplier, Farm Pride Foods. The target is Victoria's biggest supplier of shell egg and...

Innovative Science Award to Sunshine Coast ginger research team.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) Two scientists have been recognised by the Queensland Government for their research work on the State's ginger. Dr Mike Smith and Sharon Hamill from Maroochy Research...

Centre of Excellence in Food Safety.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) Australia is to get a Centre of Food Excellence in Food Safety & Integrity. This follows a recent agreement between the National Food Industry Strategy (NFIS) and its...

Biocontrol of aflatoxin in peanuts.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) Byline: Graeme Wright Queensland scientists are researching ways of minimising the harmful effects of aflatoxin in peanuts. The research is being carried out by...

Towards a more innovative food industry.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) Food Science Australia hosted a two-day "Innovative Foods Centre Conference" at Werribee, Victoria, in November 2002. More than 100 delegates were treated to a journey of...

Food safety for charities and community organisations.
March 1, 2003... (From ABIX - Australasian Business Intelligence - Food Australia) Food Standards Australia New Zealand (FSANZ) has launched fact sheets to help charities guard against food poisoning. The initiative follows a not-for-profit event in...

The Next Decade of U.S.-Japan Relations.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Glen S. Fukushima "The devil laughs at those who speak of next year." This Japanese proverb can aptly be applied to the U.S.-Japan relationship, which has seen dramatic and...

The Globalization of Corporate Governance.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Ronald Dore This article first appeared at the conference entitled "Corporate Governance and Firm Organization: Nexuses and Frontiers," at Bocconi University on Dec. 5-7, 2002,...

The Globalization of Corporate Governance.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Ronald Dore National Differences, Value Differences To return to "economic" and "non-economic," the fact is that the diversity of views as to what should be the "mission" of...

Corporate Governance and Sustainable Global Capitalism.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Jean-Pierre Lehmann In 1991, as George Bush Senior proclaimed the "New World Order," the French political scientist Thierry de Montbrial countered that it was not a new world...

Cultivating Conscientious Stockholders.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Kagono Tadao Focus Shifts from Theory on Stockholder Rights to Stockholder Responsibilities There has been much debate on stockholders' rights, but little has been said about...

Re-examining Corporate Governance in Japan.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Yanai Hiroyuki Current State of Japan's Corporate Governance Theory Since the collapse of Japan's economic bubble, the mode of corporate management that places the emphasis on...

Re-examining Corporate Governance in Japan.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Yanai Hiroyuki Approaches by Specific Companies Apart from the legislated corporate governance reforms described above, a number of companies are voluntarily implementing...

Japan's Suicide.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Iokibe Makoto "When pushed to the limits of their endurance, Americans become obsessed by killing and Japanese are drawn to suicide." The author of this statement is none other...

And Yet the Times Move on...
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Wakamatsu Kenji If we restrict ourselves to the tone of the media, the year 2003 dawned in Japan amid an unprecedented mood of impending crisis. One reason for these fears is...

East-West Cultural Exchange in Art.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Takashina Erika Paris, 1885 (1) - The Funeral of Victor Hugo Those who have stayed in Paris and have even a small interest in French literature or drama will probably have...

Impressions of Japan.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Yasmina Karem My first impressions of Japan came from my reading. As an Egyptian I was concerned more with the history of bilateral relations and whether we had very early...

Japanese Civilization (Part 7).
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Kawakatsu Heita Japan and the Song, Mongol and Ming Dynasties China - A Vast Repository of Goods and Cultures The Song dynasty in China (960-1279) gave birth to many technical...

More Beggars at Toyota's Doorstep.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Companies turn to Toyota when they are in trouble. This is what is happening lately to cash-rich Toyota Motor Corp., the top Japanese carmaker that boasts more than \1 trillion in group...

Growing Calls for Consumption Tax Hike.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) An increasing number of senior officials in the government, ruling coalition and business community are beginning to call for consumption tax hikes in the future. Behind this is the...

The Fiscal 2003 Budget Proposal.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Tani Sadafumi At the end of 2002, the Japanese government formulated a budget proposal for fiscal 2003 (from April 2003 to March 2004). The total amount in the budget for the...

Government Adopts Belt-Tightening Budget for Fiscal 2003.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) The Japanese government has approved a belt-tightening \81.789 trillion general account budget for fiscal 2003 (April 1, 2003 to March 31, 2004) that features a record issuance of...

Pride and Independence: Fukuzawa Yukichi and the Spirit of the Meiji Restoration (Part 1).
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Kitaoka Shin-ichi Introduction There is no person among Japanese intellectuals who has been written about or discussed as much as Fukuzawa Yukichi. But just how widely known is...

Development of Human Resources and the Japanese Economy.
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Inoki Takenori Why Must Human Resources be Nurtured? The Japanese economy remains in dire straits and hard-pressed to climb out of the current predicament despite the policy...

A Short History of Japan's Movement to FTAs (Part 3).
March 1, 2003... (From Journal of Japanese Trade & Industry (JJTI)) Byline: Hatakeyama Noboru It is said that at an Association of South-East Asian Nations (ASEAN) Economic Ministers' meeting (AEM) held at Chiengmai, Thailand in October 2000, the...

TODAY'S BETTING FIGURES.
March 1, 2003... (From New Zealand Press Association) Wellington, Mar 1 - Betting totals (without comparisons) and off-course favourites for the TAB trebles and TAB doubles at yesterday's race meetings. Melbourne Night Races Off-course, $293,879...

Jobless rate in Jan. hits 5.5%.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Jobless rate in Jan. hits 5.5% Yomiuri The unemployment rate stood at a seasonally adjusted 5.5 percent in January, up 0.2 percentage point from the previous month, the Public Management...

Assemblyman arrested over sword attack, arson.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Assemblyman arrested over sword attack, arson Yomiuri UTSUNOMIYA A member of the Oyama City Assembly in Tochigi Prefecture was arrested Friday for allegedly injuring his wife with a...

Doctor acquitted of poisoning colleagues.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Doctor acquitted of poisoning colleagues Yomiuri KYOTO The Kyoto District Court on Friday acquitted a doctor who formerly worked for the National Sanatorium Utano Hospital in Ukyo...

Suspect: I didn't mean to kill nurse.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Suspect: I didn't mean to kill nurse Yomiuri OSAKA The 57-year-old man who shot and killed a nurse and stabbed a doctor in the abdomen with a kitchen knife on Thursday at the Senboku...

Manager suspected of killing Kobe president for assets.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Manager suspected of killing Kobe president for assets Yomiuri KOBE One of the three people suspected of robbing and murdering a company president in Chuo Ward, Kobe, was appointed...

Defectors urge Japan to do more.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Defectors urge Japan to do more Yomiuri OSAKA Eleven North Korean defectors now residing in South Korea said Friday that Japan should do more to help and support defectors, including...

Crime of passion earns nurse 16 yrs in slammer.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Crime of passion earns nurse 16 yrs in slammer Yomiuri SAITAMA The Saitama District Court Friday sentenced a 25-year-old nurse found guilty of murdering a female colleague in April 2001...

Govt questions water-quality control.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Govt questions water-quality control Yomiuri The Health, Labor and Welfare Ministry's periodic inspections of water facilities this fiscal year have raised questions over the quality...

Sleeping train driver drank the night before.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Sleeping train driver drank the night before Yomiuri The man who fell asleep while operating a Sanyo Shinkansen bullet train on Wednesday had been drinking the previous night, police said...

Moriyama takes cut in pay in prison case.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Moriyama takes cut in pay in prison case Yomiuri Justice Minister Mayumi Moriyama said Friday she would voluntarily return three months worth of salary and seek punishment of 10 people in...

Law may release info on biological parents.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Law may release info on biological parents Yomiuri Children born to women through the donation of sperm or eggs will be able to access the names, addresses and other data on their...

Researchers: Java humanoids, humans not directly related.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Researchers: Java humanoids, humans not directly related Yomiuri After examining the fossilized skull of a Java hominid, a team of Japanese and Indonesian scientists has concluded that the...

Manga influence pervades Europe, North America.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Manga influence pervades Europe, North America Asami Nagai / Daily Yomiuri Staff Writer Yomiuri Teenagers these days dream about visiting Shibuya's 109 fashion center or Shinjuku's My...

Too big? Too small? New backpack size offers parents more.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Too big? Too small? New backpack size offers parents more choice Yomiuri OSAKA As the new school year approaches, parents face a difficult choice: whether to buy their children...

Musing.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Musing Yomiuri The following is a translation of the Henshu Techo column from The Yomiuri Shimbun's Feb. 28 issue. * * * In his novel "Kusamakura," Soseki Natsume (1867-1916)...

A sketch of Japanese history / Tatsuya Egawa uses manga to.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) A sketch of Japanese history / Tatsuya Egawa uses manga to tackle controversial themes Asami Nagai / Daily Yomiuri Staff Writer Yomiuri "The nature of war is rooted in entertainment;...

TO YOUR HEALTH / Ringing in the spring: The sound of tinni.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) TO YOUR HEALTH / Ringing in the spring: The sound of tinnitus Ann Endo Special to The Daily Yomiuri Yomiuri "Mom, my ears are ringing. Does that mean someone is talking about me?" "No,...

WINE / Antipodean refreshment.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) WINE / Antipodean refreshment Sandra Shoji Special to The Daily Yomiuri PC1 Are Old Man Winter's winds chilling your spine? Then head south to South Australia's endless beaches, rolling...

TROUBLESHOOTER / Good cry a sign of healthy mind.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) TROUBLESHOOTER / Good cry a sign of healthy mind Yomiuri Dear Troubleshooter: I am a man in my 60s. Since I was young, I have easily become tearful. When I see a wonderful movie or...

A room with a different view? / Noguchi Room faces relocat.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) A room with a different view? / Noguchi Room faces relocation Shogo Hagiwara / Daily Yomiuri Staff Writer Yomiuri In a remote corner of Keio University's Mita campus in Tokyo stands a...

Have a little lamb.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Have a little lamb Tom Baker / Daily Yomiuri Staff Writer Yomiuri No, lamb does not stink. Let's make that clear right away. Samantha Jamieson, Japan chief executive for industry...

N. Korea next movetest-firing missile?
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) N. Korea next movetest-firing missile? Tetsuo Hidaka and Takuji Kawata Yomiuri Shimbun Staff Writers Yomiuri Following North Korea's reactivation of a nuclear reactor and the test of a...

BOTTOMS UP! / Green Banana Feeling.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) BOTTOMS UP! / Green Banana Feeling Paul Jackson / Daily Yomiuri Staff Writer Yomiuri If the Green Banana Feeling gives insight into the life of the famous tropical fruit, it exists in a...

DINING OUT / Ryukyukoku (Amagasaki, Hyogo Prefecture).
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) DINING OUT / Ryukyukoku (Amagasaki, Hyogo Prefecture) Aidan O'Connor Special to The Daily Yomiuri PC1 For anyone keen to have a dining experience out of the ordinary, there is one...

Editorial / Colleges must accept reforms.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Editorial / Colleges must accept reforms Yomiuri The Cabinet has finalized a package of bills aimed at transforming state-run colleges and universities into corporations. The legislative...

Tanigaki hails choices for revitalization corp.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Tanigaki hails choices for revitalization corp. Yomiuri Sadakazu Tanigaki, state minister in charge of industrial revitalization, said Friday that the two people nominated for the...

Scholar reveals Stalin's obsession with Japan.
March 1, 2003... (From The Yomiuri Shimbun/Daily Yomiuri) Scholar reveals Stalin's obsession with Japan Hiroyuki Fuse Yomiuri What was Soviet dictator Joseph Stalin's perception of Japan? How did it affect the Soviet Union's decision to...