Reliance Infrastructure, a part of the Anil Dhirubhai Ambani Group, remains in the race for the prestigious $900-million highway project in Nepal, expected to boost development in the southern Terai plains, top officials said. Expression of interest for the four-lane, 76-km highway was invited in 2009 to connect the capital city with the Terai plains, [...]
Posts Tagged ‘South Korea’
Reliance Infrastructure in $900 mn Nepal highway project race
January 28th, 2011 |
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“Captain America†Title Change
January 24th, 2011 |
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The new Captain America movie will be losing its patriotic reference when it’s released in South Korea, Russia, and the Ukraine later this year. After completing market research into brand recognition and cultural awareness, Marvel decided that Captain America: The First Avenger will be known simply as The First Avenger upon its international release. Insiders [...]
Samsung C&T wins $257.5m order to build Singapore’s third LNG tank: Update
January 21st, 2011 |
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South Korea’s Samsung C&T Corporation (000830.KS) has won a US$200 million ($257.5 million) contract to build a third storage tank at Singapore’s upcoming liquefied natural gas (LNG) terminal, the company said on Friday.
It won the contract from Singapore LNG Corporation (SLNG), and expects to complete the project by early 2014. The additional tank will allow the terminal to handle up to 6 million tonnes per year (tpy).
Samsung C&T wins $257.5m order to build Singapore’s third LNG tank
January 21st, 2011 |
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South Korea’s Samsung C&T Corporation has won a US$200 million ($257.5 million) contract to build a third storage tank at Singapore’s upcoming liquefied natural gas (LNG) terminal, the company said on Friday.
It won the contract from Singapore LNG Corporation (SLNG), and expects to complete the project by early 2014. The additional tank will allow the terminal to handle up to 6 million tonnes per year (tpy).
Traders’ lunch is cut as Singapore seeks bigger role
January 19th, 2011 |
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Singapore Exchange, operator of the city’s derivatives and securities market, will scrap its midday trading break from March as it seeks to increase its regional role.
Australia, South Korea, the Philippines, India, Sri Lanka and Bangladesh already operate without a lunch interval. Singapore’s trading day now runs from 9 a.m. to 12:30 p.m. local time, followed by a 90 minute break and an afternoon session between 2 p.m. and 5 p.m.
Traders’ lunch gets cut as Singapore Exchange seeks bigger role
January 19th, 2011 |
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Singapore Exchange, operator of the city’s derivatives and securities market, will scrap its midday trading break from March as it seeks to increase its regional role.
Australia, South Korea, the Philippines, India, Sri Lanka and Bangladesh already operate without a lunch interval. Singapore’s trading day now runs from 9 a.m. to 12:30 p.m., followed by a 90 minute break and an afternoon session between 2 p.m. and 5 p.m.
North Korea renews call for dialogue
January 16th, 2011 |
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North Korea reiterated its call for talks with South Korea, seeking an end to the confrontation on the peninsula, the Yonhap news agency reported on Sunday.
“Dialogue and negotiations are the only just way for independently solving the issue of the country’s reunification by the concerted efforts of the Koreans,” the agency said quoting the statement made by the North Korean authorities.
Singapore’s GIC seeks to sell Seoul building-paper
January 11th, 2011 |
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Singapore sovereign wealth fund GIC (GIC.UL) is seeking to sell an office building in Seoul, with an estimated value of up to 1.1 trillion won ($1.27 billion), South Korea’s Maeil Business Newspaper reported in its Wednesday edition.
It bought the Seoul Finance Center for 355 billion won in 2000, breaking ground for Korea property investment as an institutional investor.
South Korea conducts more drills
December 22nd, 2010 |
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South Korea is carrying out more military exercises on land and sea this week, VOA reports.
While officials call the training routine it could raise already high tensions with North Korea.
Chocolate could be key to curing persistent cough
December 21st, 2010 |
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Chocolate could provide the key to tackling a persistent cough. Researchers are carrying out the final stages of clinical trials on a drug that contains theobromine, an ingredient in cocoa and chocolate. If the trials are successful, the drug could be on the market within two years. Millions worldwide suffer from a persistent cough, one [...]
S. Korea concludes artillery drill, scrambles jet fighters
December 20th, 2010 |
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S. Koreans are anxiously waiting to see if N. Korea will make good on its threat to take military action in response to a live-fire artillery drill, VOA says. North Korea shelled the island last month, hours after a similar drill. South Korea’s marines conducted the exercise just hours after an emergency meeting of the United Nations Security Council failed to calm tensions on the Korean peninsula.
China urges Seoul, Pyongyang to end confrontation
December 19th, 2010 |
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Chinese Foreign Minister Yang Jiechi has urged both North and South Korea to open talks and avoid steps that could inflame tensions on the peninsula.
The Chinese Foreign Finistry said Yang made the comments in a phone call with his Russian counterpart, Sergei Lavrov.
“S. Korea will retaliate if attacked againâ€
December 4th, 2010 |
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New South Korean defense minister Kim Kwan-jin says Seoul is prepared to bomb North Korea if Pyongyang again hits the South with artillery.
Speaking at his confirmation hearing in the national assembly Friday, he firmly stated that if attacked again, South Korea would not hesitate to protect itself.
Dec 1: SIA, Amtek, C&O Pharma, Sound Global, Chuan Hup
December 1st, 2010 |
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Singapore shares may open lower on Wednesday after Wall Street fell overnight as news that Portugal’s debt could be downgraded reignited selling.
Singapore’s benchmark Straits Times Index <.FTSTI> fell 0.43% on Tuesday to close at 3,144.70 points.
Stocks and factors to watch, say Thomson Reuters and Bloomberg:
Bulk-shipping companies: The Baltic Dry Index, which measures the cost of shipping commodities, fell 2.1% in London yesterday, extending its four-day decline to 5.2%. Cosco Corp. Singapore (COS SP), a China-based shipbuilder that also operates bulk carriers, slipped 1.5% to $2.02. STX Pan Ocean Co. (STX SP), South Korea’s biggest bulk carrier, gained 0.2% to $13.68.
Samsung Hires Yeoh as equity sales head in Singapore: Update
November 29th, 2010 |
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Samsung Securities Co., the brokerage unit of South Korea’s largest family-run conglomerate, hired Ben Yeoh to head equity sales in Singapore as the company seeks to bolster its Asian business.
Yeoh had previously worked for Macquarie Group where he was engaged in Asian institutional equity sales in Singapore, Kim Jin Ho, a Seoul-based spokesman, said by phone today. Yeoh will be based in Hong Kong until Samsung Securities opens its Singapore business in the first half of next year. Samsung also hired Winston Loke as chief operating officer for its Asia Pacific institutional business, according to Kim.
S. Korea, U.S. start war games
November 28th, 2010 |
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About 20 U.S. and South Korean naval vessels have begun maneuvers off the west coast of the Korean peninsula.
The war games come less than a week after North Korea launched a deadly artillery barrage on an occupied South Korea island near a disputed maritime border.
China warns S. Korea, U.S. over exercises
November 27th, 2010 |
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China has warned America and South Korea not to stage military acts near its coast, ahead of joint naval drills due to start on Sunday in the Yellow Sea.
The U.S. military says the exercises, planned long before last week’s attack by North Korea, are designed to deter Pyongyang and are not aimed at China.
N. Korea: U.S.-S. Korean exercises push to brink of war
November 26th, 2010 |
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North Korea warned Friday that planned U.S.-South Korean naval exercises are pushing the peninsula to the brink of war. The North’s state Korean Central News Agency said drills involving a U.S. nuclear-powered aircraft carrier are a reckless plan by “trigger-happy elements” aimed at North Korea. Pyongyang has used such language frequently in the past to condemn military exercises in South Korea.
US, S. Korea in new military exercises
November 24th, 2010 |
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After an exchange of artillery fire between the two Koreas, Seoul and Washington have announced a new joint military drill, VOA reports. South Korea also warns North Korea that any further aggression will bring enormous retaliation. The bodies of two men were found Wednesday on Yeonpyeong island, bringing the death toll to four from Tuesday’s attack.