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Business - People's Daily Online
- Nikkei lifted by trading houses and real estate
Japan's 225-issue Nikkei Stock Average spent most of Tuesday morning in negative territory as investors sought out issues that would likely flourish in the New Year, such as those related to emerging markets. The benchmark Nikkei, buoyed in late trade by commodity-related issues, trading houses, retailers and real estate shares, finally added 3.83 points, or 0.04 percent, from Monday to close at 10,638.06, marking a fresh four-month closing high. The broader Topix index of all Fi ... - Nikkei lifted by trading houses and real estate
Japan's 225-issue Nikkei Stock Average spent most of Tuesday morning in negative territory as investors sought out issues that would likely flourish in the New Year, such as those related to emerging markets. The benchmark Nikkei, buoyed in late trade by commodity-related issues, trading houses, retailers and real estate shares, finally added 3.83 points, or 0.04 percent, from Monday to close at 10,638.06, marking a fresh four-month closing high. The broader Topix index of all Fi ... - China to launch first FTA this week
The China-ASEAN free trade area (FTA) will be launched this Friday on January 1 2010. Currently, China is co-building 14 free trade areas with 31 countries and regions, involving one-fourth of China's foreign trade volume in 2008. 8 free trade agreements have been signed, of which, 7 have already been implemented. China's Minister for Commerce Chen Deming said recently that while trade protectionism is increasing and multi-lateral negotiations are progressing with difficulty, accelerating the ... - S Korean companies invest record amount in Africa and Middle East
South Korean businesses have made a record amount of direct investments in the Africa and Middle East regions this year despite the global economic downturn, local media reported Tuesday. The Export-Import Bank of Korea said in a release that in the period between January and September this year South Korean companies made a total direct investment of 346.37 million U.S dollars in African countries, mainly exploiting its massive natural resources, and a 195.19 million-U.S. dollar investm ... - S Korean companies invest record amount in Africa and Middle East
South Korean businesses have made a record amount of direct investments in the Africa and Middle East regions this year despite the global economic downturn, local media reported Tuesday. The Export-Import Bank of Korea said in a release that in the period between January and September this year South Korean companies made a total direct investment of 346.37 million U.S dollars in African countries, mainly exploiting its massive natural resources, and a 195.19 million-U.S. dollar investm ... - S Korea's LG Electronics to release mobile digital TV player
South Korea's LG Electronics Tuesday unveiled a new line of portable DVD players and cell phones with high-definition, digital TV capabilities aimed at tapping the United States mobile TV market. The new devices, set to be released next year, will allow users to watch digital TV programs in vehicles running as fast as 290 km per hour, with the portable DVD player being the world's first commercial product with such features, LG said in a press release. The release added the new p ... - S Korea's LG Electronics to release mobile digital TV player
South Korea's LG Electronics Tuesday unveiled a new line of portable DVD players and cell phones with high-definition, digital TV capabilities aimed at tapping the United States mobile TV market. The new devices, set to be released next year, will allow users to watch digital TV programs in vehicles running as fast as 290 km per hour, with the portable DVD player being the world's first commercial product with such features, LG said in a press release. The release added the new p ... - Minister: Indonesia's full-year inflation to fall below 4%
Indonesia's full-year inflation in2009 will likely be below 4 percent as demand falls due to the global economic downturn, the Jakarta Post quoted a minister as saying here on Tuesday. "I'm optimistic inflation could be below four percent year-on-year," the Finance Minister Sri Mulyani Indrawati told reporters. She said there were some demand pressures in December but the rate of rupiah per U.S. dollar remains stable, helping to ease inflation. The Central Statistics Age ... - Minister: Indonesia's full-year inflation to fall below 4%
Indonesia's full-year inflation in2009 will likely be below 4 percent as demand falls due to the global economic downturn, the Jakarta Post quoted a minister as saying here on Tuesday. "I'm optimistic inflation could be below four percent year-on-year," the Finance Minister Sri Mulyani Indrawati told reporters. She said there were some demand pressures in December but the rate of rupiah per U.S. dollar remains stable, helping to ease inflation. The Central Statistics Age ... - Nikkei ends flat ahead of holiday season
Japanese share prices ended almost flat Tuesday ahead of holiday season due to lack of major trading cues. The benchmark Nikkei-225 index rose 3.83 points, or 0.04 percent, from Monday to a new four-month high of 10,638.06. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 1.09 points, or 0.12 percent, to 915.87, a new three-month closing high. Trading remained thin as the year-end nears, with volume on the main section coming to 1,571 ... - Nikkei ends flat ahead of holiday season
Japanese share prices ended almost flat Tuesday ahead of holiday season due to lack of major trading cues. The benchmark Nikkei-225 index rose 3.83 points, or 0.04 percent, from Monday to a new four-month high of 10,638.06. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 1.09 points, or 0.12 percent, to 915.87, a new three-month closing high. Trading remained thin as the year-end nears, with volume on the main section coming to 1,571 ... - Mobile phone penetration rate reaches 54.3%
Relevant data concerning the operation of China's telecommunication sector in November was released by the Ministry of Industry and Information Technology December 28. The data shows that China's mobile phone penetration rate has reached 54.3 percent. According to the data, the number of China's mobile phone users rose by 97.32 million to 739 million in the first 11 months of 2009, with the penetration rate standing at 54.3 percent. During the same period, the number of China's fixed-telephon ... - S Korea to allow exporting narcotics for medical treatment
South Korea is moving to allow exporting narcotics for medial treatment in an effort to strengthen competitive edge of the domestic pharmaceutical industry, Ministry of Health, Welfare and Family Affairs told Xinhua Tuesday. The partial revision of the current law banning all narcotics export, approved in a cabinet meeting held Tuesday, would allow exporting drugs for medical treatment upon getting permission from the Korea Food & Drug Administration, the health ministry said. Th ... - S Korea to allow exporting narcotics for medical treatment
South Korea is moving to allow exporting narcotics for medial treatment in an effort to strengthen competitive edge of the domestic pharmaceutical industry, Ministry of Health, Welfare and Family Affairs told Xinhua Tuesday. The partial revision of the current law banning all narcotics export, approved in a cabinet meeting held Tuesday, would allow exporting drugs for medical treatment upon getting permission from the Korea Food & Drug Administration, the health ministry said. Th ... - China extends anti-dumping probe into EU carbon steel fasteners
China's Ministry of Commerce (MOC) announced Tuesday it is to extend an anti-dumping investigation into carbon steel fasteners imported from the European Union. The investigation would be prolonged by six months to June 29 next year because "the situation in this case is quite special and complicated," said a brief notice on the MOC website without further explana