Asia Africa Intelligence Wire articles from October 2002

Asia Africa Intelligence Wire archives from October 2002

Shares: Take two for DVD group.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Trevor Hoey Australian investors should consider buying shares in Magna Pacific. The company distributes rights to copy films into DVD and video formats. Currently, it...

Shares: Rip Curl readies to ride the wave.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Arthur Haddrick The number of sharemarket floats in Australia has fallen dramatically since the times of the "dotcom" hysteria of the second half of 2001. Investors are...

Shares: Small Gale whips up more water.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Trevor Hoey Australian maker of polymer products, Gale Pacific, listed on the Australian Stock Exchange in 2000. The prospects for the company are good and investors...

Shares: Trend trader.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Colin Nicholson The Australian stock market usually follows the US market in its movements. However, in the last few years the Australian market has been less bearish...

Shares: Niche work if you can get it.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Ian Rogers Australian-listed Challenger International is a provider of innovative financial services. The group focuses on several narrow niches, such as retirement...

Shares: Sonic's boom bursts.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Mark Pachacz Australian-listed Sonic Healthcare plans to expand into Europe. The company is the largest provider of pathology services in Australia, with market share of...

Shares: A new tussle calls for new rules.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: David Rees The Australian stock market is unlikely to follow the example of its American counterpart. Several positive factors will provide support for the local market....

Shares: Set & target.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Allan Trench Investors who buy shares to hold them for a long term should stick to blue chip shares. However, it is not easy to decide what sectors are likely to perform...

Shares: Cementing a base for a solid reputation.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Tim Knapton Australian-listed Adelaide Brighton is showing admirable resilience in times of difficult economic conditions. Investors who think that the company is a...

Shares: The comeback kings.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Some Australian stocks that are rather unpopular among investors are likely to recover soon. The following blue chip stocks should be considered as future outperformers: AMP,...

Shares: Snail mail creates strong profit trail.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Tim Knapton Providers of business process services are likely to benefit from a trend towards outsourcing. Australian-listed HPAL specialises in essential mail services,...

Shares: One for the Black Book.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Tim Treadgold Australian listed computer software developer, ICSGlobal, has great plans for its product. It hopes that its "health industry electronic clearing house"...

Shares: Portman pays the price.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Peter Gibson The share price of Portman Limited has fallen 50 per cent in the last several months. The company was hit by a combination of events - such as delays in...

Shares: Cullen barrels ahead.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Peter Gibson Australian-listed Cullen Resources has been acquiring gold and nickel properties in Western Australia for some time. The company has $A4 million in cash and...

Shares: An error of judgement.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Colin Nicholson Some investors believe fluctuations in stock prices tend to balance, so that what has fallen must inevitably rise. In fact, what has fallen, blue chip or...

Shares: Are you ready?
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Colin Nicholson Crowd psychology powerfully affects buy/sell decisions on the stock market. Though it makes sense to buy when prices are generally low and sell when they...

Shares: What goes around comes around.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Ian Huntley The cyclical nature of global and national economies is often difficult to credit as its sources are ultra-historical. Three major, useful cyclical...

Shares: Protecting your capital.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Stephen Calder Australian investors who want a share market play but also want to protect capital now have an instrument to suit them. Capital protected equity linked...

Shares: Warrant market gives birth.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Stephen Calder UBS Warburg has released 26 new warrants on the Australian market. The highly-geared warrants cover a list of blue-chip stocks, based on the company's...

Shares: Borrowing fees bolt higher.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Tony Rumble Structured products have been part of Australian investing since the early 1990s. They use a combination of shares and derivatives, and are often geared...

Shares: Appealing returns, lower risk.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: John Gilbert There are some Australian instalment investments that offer plenty of upside and low risk. Australian Gas Light Company has reported a good net profit of...

Shares: Alternative hit list.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Tony Rumble Listed managed investments (LMIs) are becoming increasingly popular with Australian investors. Long-established LMIs have 20-year performance rates of 18% to...

Shares: Investing in the professionals.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Tim Knapton With turmoil on world stock exchanges it is tempting to consider investing in a listed investment company. These can be divided into three categories:...

Shares: A ride on the wild side.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: David James Futures trading is one option for Australian investors. In Australia, investors can trade in futures associated with S&P/ASX 50 companies. These futures are...

Shares: Little sex appeal, but still potent.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Peter Gibson For its size, Platsearch is one of Australia's most active mineral explorers. It has 18 gold, base metal and mineral sand exploration projects. Platsearch's...

Shares: Magnetic appeal to a diligent Ticor.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Shares) Byline: Peter Gibson Sand mining in Australia is dominated by few corporations. One of them is Magnetic Minerals. The company was floated on the Australian Stock Exchange in...

Internet Australasia: The world after WorldCom.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Internet Australasia) Byline: Karen Stuart US telecommunications giant, WorldCom, filed for bankruptcy in July 2002. It represented the biggest bankruptcy filing in history. The company...

Internet Australasia: Don't waste my time.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Internet Australasia) Overall Internet activity in Australia rose by 10 per cent in the year to June 2002. This is according to figures released by Nielsen//Net Ratings. Nielsen also...

Internet Australasia: Jakob Nielsen.
October 1, 2002... (From ABIX - Australasian Business Intelligence: Internet Australasia) Byline: Ingrid Maack Jakob Nielsen is regarded as a world expert in the field of Internet usability. Nielsen has worked for companies like Sun Microsytems and IBM,...

The Bulletin: Doctors without patience.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: Melissa Sweet It is getting harder for many Australians to obtain access to a general practitioner (GP). The doctor shortage is often attributed to the unrealistic...

The Bulletin: Early warning.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: Alison Cameron Body scanning clinics are new to Australia. Patients do not require a referral. They pay between $A650 and $A900 to be scanned for signs of disease...

The Bulletin: Shopping spree.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: Ivor Ries Australian retail landlord John Gandel is paying high prices for regional shopping centres. His strategies are likely to be viewed as wise in the future....

The Bulletin: Delayed reaction.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: Daryl Dixon Members of employer and public-offer superannuation funds have complained about the time taken to pay benefits. In one instance, an industry fund took...

The Bulletin: Pigs will fly.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: David Haselhurst Three years after it floated at $A0.25 per share, Chemeq's stock reached a record $A3.95. The Australian company has developed a bacteria-killing...

The Bulletin: Nanoscale domicile.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: Joshua Gliddon A nanotechnology conference will be held in Sydney in October 2002. Australian scientists will reveal prototype plans to build a nanotechnology...

The Bulletin: Out of the box.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: David Braue Makers of computer games consoles do not want buyers to modify their technology. Both Microsoft and Sony have used legal devices in an attempt to...

The Bulletin: Tourist gap.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: Paul Syvret The Australian Government can detect illegal immigrants before they set sail, but counting airport arrivals is too hard. A new optical, high-technology...

The Bulletin: The scam busters.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Jurisdictional problems beset prosecution of Internet scams in Australia and elsewhere. While some are a simple matter for the Australian Competition and Consumer Competition...

The Bulletin: Dawn of the debt.
October 1, 2002... (From ABIX - Australasian Business Intelligence: The Bulletin) Byline: Max Walsh With the US economy playing chicken with a double-dip recession, Australia's economy looks better than ever. One of the unexplored factors in other...

P'yang Active in Media Asiad.
October 1, 2002... (From Korea Times) BUSAN _ North Korea's state-run media yesterday reported on the Sunday opening of the Asian Games here, where it sent its delegation for the first time after boycotting all previous games. ``The 14th Asiand Games...

NK Will Need 1.27 Million Houses After 2010 Unification: Report.
October 1, 2002... (From Korea Times) A group of experts on the North Korean economy said yesterday the North is expected to require 1.27 million houses covering 241.3 square kilometers of land after the Koreas are unified. The group led by Moon...

NK Delegation Arrives in Russia to Discuss Cross-border Railway.
October 1, 2002... (From Korea Times) A North Korean delegation arrived at Hasan station in Russia Monday for a meeting with Russian officials to discuss the linking of the two countries' railways, the Voice of Russia (VOR) reported yesterday. VOR quoted...

Russian Vice FM Optimistic on Six-Way Talks.
October 1, 2002... (From Korea Times) Russian Vice Foreign Minister Alexandr Losyukov yesterday revealed hope that Russia will be able to have more say in issues on the Korean peninsula through the envisioned formation of ``six-party'' talks comprising the...

Operation of Commission on Suspicious Deaths Set to Resume.
October 1, 2002... (From Korea Times) The operation of a presidential commission charged with establishing the truth behind suspicious deaths under authoritarian regimes is likely to be resumed. Floor leaders of the rival parties yesterday agreed to form...

US Troops Pull-out to Cost $30 Billion.
October 1, 2002... (From Korea Times) South Korea will have to spend more than $30 billion to offset the defense capabilities of the U.S. troops stationed here, should they withdraw from the Korean peninsula, according to the Unification Ministry. In a...

Visa-free Travel to Shinuiju Delayed.
October 1, 2002... (From Korea Times) Foreign business people and officials wishing to visit North Korea's newly announced special economic zone without visas will have to wait longer after the Chinese government appeared to snub the proposal to allow free...

Roh to Push for Relocation of Chong Wa Dae.
October 1, 2002... (From Korea Times) Roh Moo-hyun, presidential candidate of the Millennium Democratic Party (MDP), yesterday said that, if elected head of state, he would relocate presidential office of Chong Wa Dae and government ministries to the central...

MTCR Members Agree to Continue Contact With NK.
October 1, 2002... (From Korea Times) The participants of the Missile Technology Control Regime's (MTCR) plenary meeting in Warsaw Sept. 21-27 agreed to continue contacting North Korea to try to resolve the Stalinist country's missile issues, the Foreign...

N-E Asia Dialogue to Discuss 6-Way Channel.
October 1, 2002... (From Korea Times) The Northeast Asia Cooperation Dialogue (NEACD), a non-governmental regional security forum, will be held Oct. 2-4 in Moscow, with the participation of the Koreas, Japan, China, Russia and the United States. This...

Chosun Ilbo President Sentenced to 3 Years Prison.
October 1, 2002... (From Korea Times) Bang Sang-hoon, president of the daily newspaper Chosun Ilbo, was sentenced to three years in prison yesterday on tax evasion and embezzlement charges. Finding Bang guilty as charged, the Seoul District Court also...

Asiad is About Friendship, Saudi Arabian Students Say.
October 1, 2002... (From Korea Times) The best known fact about Saudi Arabia, one of the 44 countries and territories participating in the Busan Asian Games, may be that it has the world's biggest oil reserves. Saudi Arabia boasts a confirmed total of...

Police Question Tipster in Case of `Frog Boys'.
October 1, 2002... (From Korea Times) Police yesterday were continuing to investigate the deaths of five boys whose remains were found last week in Taegu, eleven years after the boys went missing. They are focusing their investigations on whether foul...

Minister Helps Ease Migrant Workers' Burden.
October 1, 2002... (From Korea Times) When the flames were leaping out of the oven, Ozzy (who didn't want his full name used) was wearing only shorts and a vest. He wasn't quick enough to jump away. The color of his skin shows where the protection of the...

KOSPI Dives Below 650.
October 1, 2002... (From Korea Times) The nation's key stock index slid below 650 again yesterday, hitting a fresh year-to-date low of 646.42, as a wobbly Wall Street stoked a sell-off by foreign and institutional investors. ``There were no leading...

GNP Calls for Probe Cash-for-Summit Scandal.
October 1, 2002... (From Korea Times) The controversy over the alleged sending of $400 million in return for a visit to the North by President Kim Dae-jung continues, as more and more details emerge on the flow of the funds. The Grand National Party...

Central Bank Heads of Korea, Japan, China to Hold Regular Meetings.
October 1, 2002... (From Korea Times) WASHINGTON _ Central bank governors of South Korea, China and Japan have decided to hold their first regular meeting next spring in Beijing as part of efforts to strengthen trilateral cooperation. Park Seung,...

After Isolation, Afghan Football Seeks Support.
October 1, 2002... (From Korea Times) BUSAN _ ``Could you please help us find a foreign coach?'' asked 18-year-old Afghan footballer Mohammad Khalid Saturday night as he sat in the Gudeok Stadium after his team's 10-0 loss to Iran. Following...

Another Big Chance Looms for S. Korean Baseball.
October 1, 2002... (From Korea Times) BUSAN _ The star-studded South Korean baseball team embarks on its hunt for a second straight Asian Games gold medal in their opener against China at Sajik Baseball Stadium tomorrow afternoon. Seeking maintain the...

NK Women Catching Eyes, Melting Hearts.
October 1, 2002... (From Korea Times) BUSAN _ Southern men are more handsome, and Northern women are more beautiful. Or is beauty in the eye of the beholder? No matter which of the sayings, the former a Korean one, is true, the beauty of the mostly...

Messy Media Facilities Mar Asiad.
October 1, 2002... (From Korea Times) BUSAN _ Inadequate facilities at the Main Press Center have left a number of domestic and foreign reporters here to cover the 14th Asian Games in limbo, tainting the nation's image as information-technology powerhouse....

Man Held For Selling North Korean Flag at Asiad.
October 1, 2002... (From Korea Times) Local police arrested a 56-year-old man on charges of violating the national security law by selling the North Korean flag in front of the Busan Main Stadium where the opening ceremony of the 14th Busan Asiad was held on...

Largest Media Contingent Ever Covering Asian Games.
October 1, 2002... (From Korea Times) The number of journalists and other media staff covering the Busan Asian Games has topped 8,000, the largest number in Asiad history, organizers say. Even before it had officially begun, a total of 8,027 media...

Fencer Kim Sang-hun Takes S. Korea's 1st AG Medal.
October 1, 2002... (From Korea Times) Busan _ South Korea's Kim Sang-hun took the country's first medal of the Busan Asian Games, finishing second in the final of the men's individual fencing foil yesterday in Gangseo Gymnasium. Kim was beaten to the...

Korean Judo Heroes Light Torch.
October 1, 2002... (From Korea Times) BUSAN _ In the end, it was 100-kg South Korean judo legend Ha Hyoung-joo and Kye Sun-hui, a North Korean judo heroine half Ha's size, who emerged to light the torch at the Asiad Main Stadium yesterday. At the height...

South, North Korea March Hand-in-Hand in Busan.
October 1, 2002... (From Korea Times) BUSAN _ In a poignant display of rapprochement between two Cold War rivals who 50 years ago fought a bitter war, the two Koreas marched into the Asiad Main Stadium under one flag here last night, in the hope of unifying...

North Win to Step Closer to Meeting Of Two Koreas.
October 1, 2002... (From Korea Times) North Korea fought off a third quarter rally from the United Arab Emirates to clinch their place in the quarterfinal stage of the basketball tournament. Their 85-64 victory in their opening preliminary match at the...

Tongdo-sa Temple Makes Great Asian GAmes Side Trip.
October 1, 2002... (From Korea Times) As attention to Buddhism from people around the world is increasing, the head of Tongdo-sa Temple, Monk Hyunmun, in an interview with The Korea Times said: ``It is good that many foreigners who live in a materialistic...

Throw Away Greed:Monk Hyonmun.
October 1, 2002... (From Korea Times) As attention to Buddhism from people around the world is increasing, the head of Tongdo-sa Temple, Monk Hyonmun, in an interview with The Korea Times said: ``It is good that many foreigners who live in a materialistic...

Consumer Prices Rise for 2nd Straight Month in September.
October 1, 2002... (From Korea Times) Consumer prices rose for the second consecutive month in September on a monthly basis, due mainly to an increase in prices of agricultural and industrial products. The National Statistical Office (NSO) reported...

KDB Seeks to Fulfill Public Policy Role.
October 1, 2002... (From Korea Times) Over the past half century, the Korea Development Bank (KDB) has played a major role in driving the economy and financial sector by facilitating the growth of leading industries. As the largest corporate finance...

Non-Life Insurers to Cut Auto Insurance Fees.
October 1, 2002... (From Korea Times) Domestic non-life insurance companies will cut premiums (insurance fees) for auto insurance up to a maximum of 6.2 percent, starting today, the Financial Supervisory Service (FSS) said yesterday. The FSS said that 11...

10 Firms to Be Delisted From Stock Market.
October 1, 2002... (From Korea Times) Financial regulators said yesterday that around 10 firms traded on the Korea Stock Exchange (KSE) and the Kosdaq are on the brink of being delisted because of financial troubles or failure to disclose corporate...

rofits of Listed Firms Surge.
October 1, 2002... (From Korea Times) Listed companies that closed their books in June posted a surge of more than 500 percent in combined net profits this year from a year earlier. The financial sector saw remarkable earnings, and some manufacturers enjoyed...

max Recalls 40.000 Set-Top Boxes Worldwide.
October 1, 2002... (From Korea Times) The technological superiority of leading set-top box maker Humax has been knocked by a product recall. On Friday afternoon, Humax announced the recall of some 40,000 units distributed to retailers in 70 countries...

nture Exports to China Surge 134 Pct.
October 1, 2002... (From Korea Times) Exports to China by venture firms more than doubled to $134.5 million in August this year, up 134.5 percent from the same period last year. Their exports to August this year rose 30.8 percent from a year ago to...

Hanaro Telecom Allies With China Netcom.
October 1, 2002... (From Korea Times) Hanaro Telecom, the nation's second largest broadband Internet operator, yesterday announced the signing of a memorandum of understanding (MOU) with China Netcom Corp. to cooperate in the Chinese high-speed Internet...

Daewoo's Pupyong Plant to Go Independent.
October 1, 2002... (From Korea Times) Daewoo Motor's Pupyong plant in Inchon, west of Seoul, is going to reborn as an individual automobile company, according to the automaker yesterday. The ailing carmaker, currently undergoing a workout program under...

ROK Firms Fined W103 Bil. Overseas.
October 1, 2002... (From Korea Times) The United States and the EU have slapped 103 billion won in fines against Korean companies operating overseas for unfair trading between 1997 and 2002. The Fair Trade Commission (FTC) fined 11.2 billion won against...

War Against Iraq to Dampen Industrial Activity.
October 1, 2002... (From Korea Times) A survey by the Federation of Korean Industries (FKI) predicts industrial activity will increase in the short term. The FKI yesterday announced 11 of 19 industries it surveyed expect to perform better in the final...

W54 Tril. Needed to Build 1.27 Mil. Apts. In North Korea.
October 1, 2002... (From Korea Times) Assuming that Korea is to be reunified by 2010, 54 trillion won will have to be spent over the subsequent five years to achieve a housing supply ratio of 100 percent. In a report, consigned by the Korea Housing...

Advancing Women's Economic Interest and Opportunities in the New Economy.
October 1, 2002... (From Korea Times) Since the inauguration of the Kim Dae-jung administration in 1998, the government of the Republic of Korea has made significant strides towards realizing gender equality and promoting the status of women. One of the most...

Tongdo-sa Temple Makes Great Asian Games Side Trip.
October 1, 2002... (From Korea Times) Tongdo-sa Temple on Mt. Yongchwi in Yangsan, South Kyongsan Province, is blessed with pristine surroundings: green pine trees and valleys that never grow dry. Tongdo-sa houses sariras or relics of Buddha, and is known as...

Superhumans.
October 1, 2002... (From Korea Times) BUSAN _ A storm of flashes erupted in the midst of the throng frantically trying to capture the departing athlete. Yet this was not the triumphant parade of a gold medal winning athlete, simply the most instantly...

Korea Braces for Asian Financial Center.
October 1, 2002... (From Korea Times) Deputy Prime Minister Jeon Yun-churl has reaffirmed that the government will speed up the privatization of state-owned banks as part of its efforts to strengthen their competitiveness. ``We'll continue to return...