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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Asia Bulletin.com http://www.asiabulletin.com/index.php/ct/10/id/ce9cf98a4a863704/ en-us Thu, 09 Feb 2012 01:55:09 -0500 Thu, 09 Feb 2012 01:55:09 -0500 30 A total of 500,000 tons of white sugar will be collected and added to the national reserve this year, the Ministry of Commerce said yesterday.The government will offer a base price of 6,550 yuan ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347003/ Wed, 08 Feb 2012 18:30:08 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347003/ Both sales revenue and volume of home appliances sold under the "home appliances to rural areas" program declined in January due to changes to items included in the policy as well an early ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347004/ Wed, 08 Feb 2012 18:29:59 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347004/ China's leading online payments company Alipay yesterday stopped the service of recharging accounts with credit cards, a move to comply with a new draft regulation on online payments. "The ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347005/ Wed, 08 Feb 2012 18:29:50 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347005/ The country raised the ceiling for retail prices of gasoline and diesel by 3 to 4 percent to record high levels effective yesterday because of soaring international crude oil prices, a reflection of ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347006/ Wed, 08 Feb 2012 18:29:44 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347006/ : Asia's major stock markets were mostly lower on Tuesday, tracking overnight losses on Wall Street, with investors retreating after Greece again failed to cut a deal on tackling its debt ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203346999/ Wed, 08 Feb 2012 17:35:49 -0500 General Sources http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203346999/ TORONTO Feb 8 (Reuters) - Indigo Books & Music Inc reported lower quarterly earnings on Wednesday as discounts on print books and higher sales of low-margin e-readers pushed down gross profit ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347000/ Wed, 08 Feb 2012 16:36:13 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347000/ NEW YORK, Feb 8 (Reuters) - The euro edged slightly lower against the U.S. dollar after hitting a two-month high on Wednesday as investors awaited firm signs Greece will reach a deal on a second ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347001/ Wed, 08 Feb 2012 16:36:10 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347001/ TORONTO, Feb 8 (Reuters) - Canada's dollar ended little changed against its U.S. counterpart on Wednesday with the currency stuck in a tight trading range as investors awaited resolution on ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347002/ Wed, 08 Feb 2012 16:36:06 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203347002/ Chinese commodity futures rose broadly Wednesday on a surging stock market after several positive economic news items and policy announcements fueled speculation that more monetary loosening was on ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336064/ Wed, 08 Feb 2012 10:45:52 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336064/ Oil refiners led a strong market rally Wednesday following the announcement of a rise in the retail price of gasoline and diesel. The benchmark Shanghai Composite Index rose 2.43 percent, or 55.63 ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336065/ Wed, 08 Feb 2012 10:45:42 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336065/ China sold a net 4.02 trillion yen ($52.21 billion) of short-term Japanese government bonds (JGBs) with maturity of less than one year in 2011, up nearly tenfold from the 430 billion yen it sold the ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336066/ Wed, 08 Feb 2012 10:45:33 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336066/ China's benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,347.53 points on Wednesday, up 55.63 points, or 2.43 percent, from the previous close. A Share Index: ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336067/ Wed, 08 Feb 2012 10:45:23 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336067/ Taiwan's share prices closed higher Wednesday with the weighted index up 162.47 points, or 2.11 percent, to close at 7,869.91, according to news reaching here from Taipei. The local bourse ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336068/ Wed, 08 Feb 2012 10:45:11 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336068/ Bank of Ayudhya (BAY) for $112 million and may also be ready to offload its Japanese retail operation. Its stated goal is to get out of retail banking in markets where it doesn’t have ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336057/ Wed, 08 Feb 2012 10:00:14 -0500 General Sources http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336057/ The Euro moved higher last night against most of the majors as markets were encouraged by the latest headlines out of Greece. Tuesday's meeting session for the Greek government resulted in ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203329713/ Wed, 08 Feb 2012 09:44:34 -0500 FXstreet http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203329713/ Feb 8 (Reuters) - The following is a list of scheduled U.S. agency bill sales from Fannie Mae and Freddie Mac for 2012. Freddie Mac said 3-month and 6-month bills will be auctioned every week. ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336060/ Wed, 08 Feb 2012 09:11:06 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336060/ HONG KONG, Feb 8 (Reuters) - Hong Kong shares hit a six-month high on Wednesday and Shanghai's benchmark closed at its highest since Dec. 2 following a slew of Beijing policy moves ahead of ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336059/ Wed, 08 Feb 2012 09:11:01 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336059/ HONG KONG Feb 8 (Reuters) - Hong Kong shares were set to open higher on Wednesday, lifted by Chinese financials and oil majors, but gains could be limited ahead of China January data later this ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336061/ Wed, 08 Feb 2012 09:10:52 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336061/ London, Feb 8 (Reuters) - Gold was steady on Wednesday, fairly close to recent 11 week highs and taking a cue from the euro's march to a two month peak as investors bet that Greece would ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336062/ Wed, 08 Feb 2012 09:10:48 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336062/ REUTERS DIARY OF MIDDLE EAST/AFRICAN HOLIDAYS Double-click in brackets for Americas holidays , Asian holidays and European holidays Alternatively click on to retrieve dates by country. Please ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336063/ Wed, 08 Feb 2012 09:10:43 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203336063/ Posted on February 08, 2012 16:14 The tuberculosis prevalence rate in Cambodia has seen a 36 percent decline in the last decade, according to a new survey released on ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203328173/ Wed, 08 Feb 2012 03:48:33 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203328173/ U.S. markets on Tuesday. Japan's Nikkei is up 0.6%. Korea's Kospi is up 0.7%. Australia's S&P/ASX is up 0.2%. The stock market leaders are the Japanese automakers, which are ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203328166/ Wed, 08 Feb 2012 03:10:25 -0500 General Sources http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203328166/ (02-08 09:29) Hong Kong stocks opened 0.60 percent higher after gains on Wall Street sparked by reports that Greece was nearing a bailout deal to avoid defaulting on its debt. The benchmark Hang ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203323443/ Wed, 08 Feb 2012 03:05:10 -0500 The Standard http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203323443/ Nikkei share average closed above the 9,000-mark for the first time in three months on Wednesday, boosted by a better-than-expected profit outlook ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203323453/ Wed, 08 Feb 2012 02:46:19 -0500 Times of India http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203323453/ Greek parties will try yet again on Wednesday to strike a deal in return for a new international rescue after a string of delays which have prompted some EU leaders to warn that the euro zone can ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203328170/ Wed, 08 Feb 2012 02:29:18 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203328170/ * Euro zone uncertainty to underpin gold sentiment * Gold-silver ratio drops to three-month low * Spot gold could fall to $1,729.51 - technicals * Coming Up: Greece's decision on rescue ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203328172/ Wed, 08 Feb 2012 02:29:09 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203328172/ The Australian dollar has hit a seven-month high above 108 US cents after the Reserve Bank of Australia's (RBA) surprise move to keep the official interest rate on ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203317742/ Tue, 07 Feb 2012 22:08:04 -0500 SBS http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203317742/ +0.55% added 0.7% to trade at 8,975.71, while the broader Topix advanced 0.6%. Toyota posted a drop in quarterly profit late Tuesday but also raised its full-year earnings target, with the news ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203315307/ Tue, 07 Feb 2012 20:50:40 -0500 Market Watch http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203315307/ SYDNEY (MarketWatch) -- Asia markets moved higher Wednesday, with sentiment helped by progress toward a Greek debt deal, and with car makers among the notable gainers after Toyota Motor Corp. hiked ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203315422/ Tue, 07 Feb 2012 20:49:27 -0500 CBS Marketwatch http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203315422/ yen , which offset worries after Greek leaders delayed a decision yet again on unpopular terms of a new European bailout. The benchmark Nikkei gained 0.7 percent to 8,981.03, hitting a fresh ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203315331/ Tue, 07 Feb 2012 20:30:27 -0500 Times of India http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203315331/ KOCHI/MUMBAI: Manappuram Finance, the second-biggest lender against gold, plunged 19.96% as investors worried about its ability to continue sourcing funds and questions were raised ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203321743/ Tue, 07 Feb 2012 20:27:37 -0500 Economic Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203321743/ China's banks must ensure adequate credit for first-home buyers, the People's Bank of China (PBC) said in a statement yesterday, the first explicit call to support more generous lending ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313694/ Tue, 07 Feb 2012 14:53:09 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313694/ China will take measures to defend itself against a EU airline emissions fee scheme, the Foreign Ministry said yesterday. The remarks came a day after China banned its airlines from joining the ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313696/ Tue, 07 Feb 2012 14:52:35 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313696/ Chinese futures fell broadly Tuesday as concern over the unfinished Greek austerity negotiations and a fall in the domestic stock market weighed on prices.The most active copper contract on the ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203309042/ Tue, 07 Feb 2012 14:52:18 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203309042/ Shanghai and Shenzhen markets plunged sharply Tuesday as hopes of a near-term cut in the banking reserve requirement ratio (RRR) dimmed.The benchmark Shanghai Composite Index ended down 1.68 ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313697/ Tue, 07 Feb 2012 14:52:03 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313697/ The drop in premiums paid to insurance companies last year was due to the country's restrictions on the sale of insurance via banks plus changes in accounting methodology, Ruan Chuming, a ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203307529/ Tue, 07 Feb 2012 14:51:51 -0500 Global Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203307529/ These include financial planning, portfolio evaluation and estate planning services. With this, ICICI Securities has now added a new wing to its broad-range of products and service offerings, a ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313687/ Tue, 07 Feb 2012 13:27:47 -0500 Economic Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313687/ MUMBAI: Leading microfinance firm Basix, which has failed to rope in foreign investors so far as it is neck-deep in debt, today said that it has formally approached its principal ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313688/ Tue, 07 Feb 2012 13:27:42 -0500 Economic Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313688/ public deposits as it is a violation of rules governing its licence to function as a lender. The lender, which provides funds with gold as collateral, has been directed not to even renew those ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313689/ Tue, 07 Feb 2012 13:27:35 -0500 Economic Times http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313689/ Feb 7 (Reuters) - UBS Wealth Management Americas reported a fourth-quarter profit on Tuesday, reversing a year-ago loss, helped by the recruitment of experienced advisers who brought new assets ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313690/ Tue, 07 Feb 2012 13:13:02 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313690/ Feb 7 - Fitch Ratings assigns a 'B/RR2' rating to Caesars Entertainment Operating Company's (OpCo; CEOC) $1.25 billion in proposed senior secured notes. Fitch has also affirmed all ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313691/ Tue, 07 Feb 2012 13:12:58 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313691/ Feb 7 (Reuters) - Shares of Bombardier rose more than 3 percent on Tuesday boosted by a newspaper report that it was poised to sign a deal that could give the Canadian planemaker deeper access to ... http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313692/ Tue, 07 Feb 2012 13:12:55 -0500 Reuters http://story.asiabulletin.com/index.php/ct/9/cid/ce9cf98a4a863704/id/203313692/