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2007-01-07 20:31:00 UTC | UPDATE1-AUTOSHOW-Nissan sees U.S. truck sales stabilizing in 07 | http://www.reuters.com/article/companyNewsAndPR/idUSN0726100820070107 | |||||||||
2007-01-07 20:31:00 UTC | Fatah holds Gaza rally amid Hamas tensions | http://www.reuters.com/article/worldNews/idUSL0955322120070107 | |||||||||
2007-01-07 20:34:00 UTC | Israel has plans for nuclear strike on Iran: paper | http://www.reuters.com/article/worldNews/idUSL0675940520070107 | |||||||||
2007-01-07 20:40:00 UTC | Fifty injured as Bangladesh blockade takes hold | http://www.reuters.com/article/worldNews/idUSDHA15268320070107 | |||||||||
2007-01-07 20:48:00 UTC | Ex-Contras give Nicaragua's Ortega a second chance | http://www.reuters.com/article/latestCrisis/idUSN07268837 | |||||||||
2007-01-07 20:48:00 UTC | Gunmen attack Ethiopian troops in Mogadishu | http://www.reuters.com/article/worldNews/idUSL0672884920070107 | |||||||||
2007-01-07 20:54:00 UTC | UPDATE 1-AUTOSHOW-GM CEO hopes for higher 2007 retail car sales | http://www.reuters.com/article/companyNewsAndPR/idUSN0728027220070107 | |||||||||
2007-01-07 20:56:00 UTC | UPDATE 1-CES-LG unveils solution to new DVD format war | http://www.reuters.com/article/companyNewsAndPR/idUSN0727809220070107 | |||||||||
2007-01-07 20:58:00 UTC | Human stem cells found in amniotic fluid: report | http://www.reuters.com/article/newsOne/idUSN0726547920070107 | |||||||||
2007-01-07 21:02:00 UTC | LG unveils solution to new DVD format war | http://www.reuters.com/article/technologyNews/idUSN0717530020070107 | |||||||||
2007-01-07 21:16:00 UTC | British Airways reaches pension deal with unions | http://www.reuters.com/article/ousiv/idUSL0673794820070107 | |||||||||
2007-01-07 21:18:00 UTC | Ford and Microsoft launch car software system | http://www.reuters.com/article/ousiv/idUSN0344521920070107 | |||||||||
2007-01-07 21:39:00 UTC | Toshiba to break into 50-inch-plus LCD TV market | http://www.reuters.com/article/technologyNews/idUSN0728172120070107 | |||||||||
2007-01-07 21:41:00 UTC | AUTOSHOW-BMW aims for 6th straight year of unit sales growth | http://www.reuters.com/article/companyNewsAndPR/idUSN0727817720070107 | |||||||||
2007-01-07 21:48:00 UTC | AUTOSHOW-Johnson Controls says picks up business from rivals | http://www.reuters.com/article/companyNewsAndPR/idUSN0726304920070107 | |||||||||
2007-01-07 21:51:00 UTC | Sharp says 108-inch LCD TV is biggest yet | http://www.reuters.com/article/technologyNews/idUSN0727879220070107 | |||||||||
2007-01-07 21:55:00 UTC | U.S. consumer electronics sales to hit record in 2007 | http://www.reuters.com/article/ousiv/idUSN0614247120070107 | |||||||||
2007-01-07 21:57:00 UTC | On MySpace, girls seek friends, boys flirt: study | http://www.reuters.com/article/internetNews/idUSN0530100920070107 | |||||||||
2007-01-07 22:00:00 UTC | Floods, mudslides kill 50 in southeast Brazil | http://www.reuters.com/article/latestCrisis/idUSN07320869 | |||||||||
2007-01-07 22:04:00 UTC | Hilco Consumer Capital to buy Apparel Holdings | http://www.reuters.com/article/companyNewsAndPR/idUSN0727255020070107 | |||||||||
2007-01-07 22:19:00 UTC | U.S. general urges balance in Baghdad | http://www.reuters.com/article/newsOne/idUSMAC63887820070107 | |||||||||
2007-01-07 22:20:00 UTC | Polish archbishop resigns | http://www.reuters.com/article/newsOne/idUSL0777288120070107 | |||||||||
2007-01-07 22:26:00 UTC | GM Asia Pacific chief sees India leading growth | http://www.reuters.com/article/businessNews/idUSN0727480220070107 | |||||||||
2007-01-07 22:33:00 UTC | Policymakers upbeat on world growth | http://www.reuters.com/article/ousiv/idUSL0776843520070107 | |||||||||
2007-01-07 22:33:00 UTC | Zimbabwe probed on "blood diamond" rules | http://www.reuters.com/article/ousiv/idUSL0673096620070107 | |||||||||
2007-01-07 22:33:00 UTC | Honda mulling plug-in vehicles | http://www.reuters.com/article/ousiv/idUSN0727701720070107 | |||||||||
2007-01-07 22:33:00 UTC | BMW aims for 6th straight year of unit sales growth | http://www.reuters.com/article/ousiv/idUSN0726965120070107 | |||||||||
2007-01-07 22:46:00 UTC | AUTOSHOW-Audi sees record revenue and earnings in 2006 | http://www.reuters.com/article/companyNewsAndPR/idUSN0728902620070107 | |||||||||
2007-01-07 22:56:00 UTC | AUTOSHOW-High gas prices won't move up U.S. Smart car launch | http://www.reuters.com/article/companyNewsAndPR/idUSN0728902720070107 | |||||||||
2007-01-07 22:58:00 UTC | UPDATE 3-GM goes electric with new concept car at auto show | http://www.reuters.com/article/companyNewsAndPR/idUSN0726317320070107 | |||||||||
2007-01-07 22:58:00 UTC | GM goes electric with new concept car at auto show | http://www.reuters.com/article/latestCrisis/idUSN07263173 | |||||||||
2007-01-07 23:00:00 UTC | Alzheimer gene kicks in only in old age - study | http://www.reuters.com/article/latestCrisis/idUSHKG131403 | |||||||||
2007-01-07 23:00:00 UTC | US Nov machine tool demand down from Oct, up from year ago | http://www.reuters.com/article/companyNewsAndPR/idUSN0528527020070107 | |||||||||
2007-01-07 23:05:00 UTC | GM goes electric with concept car | http://www.reuters.com/article/businessNews/idUSN0628582120070107 | |||||||||
2007-01-07 23:08:00 UTC | GM CEO hopes for higher 2007 retail car sales | http://www.reuters.com/article/ousiv/idUSN2644440920070107 | |||||||||
2007-01-07 23:08:00 UTC | Chrysler sees sales growth | http://www.reuters.com/article/ousiv/idUSN0728250920070107 | |||||||||
2007-01-07 23:08:00 UTC | Pentagon as financial regulator? No, industry begs | http://www.reuters.com/article/ousiv/idUSN0516427220070107 | |||||||||
2007-01-07 23:09:00 UTC | UPDATE 1-AUTOSHOW-Hyundai sees 2007 US sales up more than 10 pct | http://www.reuters.com/article/companyNewsAndPR/idUSN0728420320070107 | |||||||||
2007-01-07 23:10:00 UTC | Empty chair as "Saddam" trial resumes | http://www.reuters.com/article/latestCrisis/idUSL07719998 | |||||||||
2007-01-07 23:16:00 UTC | AUTOSHOW-Chrysler says now has U.S. inventory under control | http://www.reuters.com/article/companyNewsAndPR/idUSN0728779720070107 | |||||||||
2007-01-07 23:18:00 UTC | ImClone to disclose result of Erbitux study | http://www.reuters.com/article/companyNewsAndPR/idUSWEN188820070107 | |||||||||
2007-01-07 23:35:00 UTC | HSBC's Green outlines 'double act' at bank - FT | http://www.reuters.com/article/companyNewsAndPR/idUSL0778086420070107 | |||||||||
2007-01-07 23:38:00 UTC | CES-Big LCD TVs take center stage at Electronics Show | http://www.reuters.com/article/companyNewsAndPR/idUSN0728189020070107 | |||||||||
2007-01-07 23:51:00 UTC | Three detained at Miami port entry | http://www.reuters.com/article/domesticNews/idUSN0729137120070107 | |||||||||
2007-01-07 23:54:00 UTC | Patriots beat Jets 37-16 in AFC Wild Card | http://www.reuters.com/article/sportsNews/idUSL0775740920070107 | |||||||||
2007-01-07 23:55:00 UTC | Brazil mudslides kill 50, mostly in Rio state | http://www.reuters.com/article/homepageCrisis/idUSB760713._CH_.2400 | |||||||||
2007-01-07 23:55:00 UTC | Brazil mudslides kill 50, mostly in Rio state | http://www.reuters.com/article/latestCrisis/idUSB760713 | |||||||||
2007-01-08 00:00:00 UTC | Pricing Wal-Mart | http://www.reuters.com/article/buzz-investmentideas/idUS1037520070108 | |||||||||
2007-01-08 00:00:00 UTC | Maanshan Steel Shares Rating Raised by Credit Suisse | http://www.bloomberg.com/news/2007-01-08/maanshan-steel-shares-rating-raised-by-credit-suisse-update1-.html
| Helen Yuan | Maanshan Iron & Steel Co. (323) , China 's
second-biggest Hong Kong-listed steelmaker, had the rating on
its stock raised by Credit Suisse Group, citing higher profit.
Maanshan Steel was raised to ``outperform'' from
``neutral,'' Hong Kong-based analysts Trina Chen and Mick Mi
said in a report today. Maanshan Steel's efforts to streamline
production of railway-carriage wheels will boost output by 50
percent by 2008, raising earnings 13 percent, the report said.
China plans to spend 100 billion yuan ($13 billion) by 2020
to extend its rail network by 35 percent, fueling demand for
carriage wheels. Domestic wheel demand is forecast to grow by 60
percent by 2010, Credit Suisse said. Maanshan currently holds
more than two-thirds of the market, it said.
Maanshan's ``key earnings support and surprise is likely
its wheel production,'' the analysts said in the report. ``We
expect the rail-wheel market to remain tight in the context of
China's railway expansion as well as upgrading demand.''
Profit from making the wheels rose to more than 4,000 yuan
a ton last year from 600 yuan in 2004, Credit Suisse said. The
wheels accounted for 3 percent of Maanshan's output last year,
compared with an estimated 27 percent of company profit.
Maanshan stock fell 0.2 percent to HK$4.57 in Hong Kong at
10:57 a.m. local time. The shares have gained 83 percent over
the past year. Credit Suisse has a share-price target of HK$5.90.
The brokerage raised the steel mill's rating to ``neutral''
from ``underperform'' on Oct. 19, citing an improved outlook for
steel prices and rising production capacity.
To contact the reporter for this story:
Helen Yuan in Shanghai at
[email protected]
To contact the editor responsible for this story:
James Poole in Singapore at
[email protected] | |||||||
2007-01-08 00:00:00 UTC | Singapore Aircraft Orders 40 Airbus, Boeing Planes | http://www.bloomberg.com/news/2007-01-08/singapore-aircraft-orders-40-airbus-boeing-planes-update5-.html
| Chan Sue Ling | Singapore Aircraft Leasing Enterprise,
owned by Bank of China Ltd. , will buy 40 planes from Airbus SAS
and Boeing Co., as it expands its fleet to meet demand from low-cost carriers and other airlines.
Asia's biggest plane lessor ordered 20 planes from the A320
family, Airbus said in a statement today. The company also
exercised options for 20 Boeing 737-800s, Boeing said in a
separate release. The combined orders are worth as much as $3
billion at list prices.
Singapore Aircraft is expanding its fleet as customers such
as AirAsia Bhd., Southeast Asia's largest budget airline, start
flying new routes. The Asia-Pacific region will need 7,900
planes over the next 20 years, 29 percent of the global demand
for aircraft during the period, according to Boeing.
``The pie is definitely growing for the low-cost segment,''
said Peter Drolet, an analyst at UOB Kay Hian Pte in Hong Kong.
``You've now got a very tight small aircraft segment with
AirAsia and all the low-cost carriers that want to get their
hands on single-aisle aircraft.''
The orders are the first announced from Asia this year for
both Airbus and Boeing. Last year, Boeing booked a total of
1,044 orders for commercial airplanes. Airbus had 635 orders at
the end of November.
Singapore Aircraft plans to expand the number of planes it
owns and manages to as many as 300, Chief Executive Officer
Robert Martin said in a Bloomberg interview in September. At
present, it manages 12 aircraft for third parties out of the 75
in its fleet, according to its Web site .
Sustained Demand
Singapore Aircraft ``has already placed almost all the
aircraft from its existing orders for delivery through to the
end of 2009, which is a measure of the sustained demand in the
leasing market'' Martin said in a statement today.
All 40 planes are scheduled for delivery between 2009 and
2012, Singapore Aircraft said. The company also has options for
10 more Airbus A320s. The purchases will be financed through
cash, bank loans and other facilities offered by the U.S. and
European export credit agencies, spokesman Sean Lee said in an
e-mail reply to Bloomberg queries.
Widebody Models
Singapore Aircraft is also evaluating further purchases in
the near future, including widebody models, it said today. The
company may seek offers for midsize planes such as the 787 or
A350 XWB, by the end of the first quarter, Flight International
said last week, citing Martin.
The agreement with Singapore Aircraft provides for the
option to convert to other variants within the 737 family,
Boeing said today.
The 737, which can carry as many as 215 passengers
depending on the model and has a maximum range 3,365 nautical
miles (6,232 kilometers), is powered by engines from CFM
International, a venture of General Electric Co. (GE) and France 's
Safran SA.
The plane lessor said it hasn't selected the engines for
the Airbus planes, which seat as many as 185 people and fly as
far as 3,700 nautical miles depending on the model.
Airbus won a total of 580 orders for its A320 family
aircraft as of the end of November, while Boeing had 729 orders
for the 737 aircraft for the whole of last year, according to
their Web sites.
Boeing said last week it booked a record 1,044 commercial
airplane purchases in 2006, benefiting from demand for cargo
planes and the 737 airliner. The 737 model accounted for about
three-quarters of 2006 deliveries.
Singapore Aircraft was acquired by Bank of China , the
nation's second- biggest bank, last month for $965 million. The
plane lessor posted a record profit of $34.7 million for the 12
months ended March 31, 2006, compared with $5.2 million a year
earlier, as growing travel demand spurred airlines to lease more
planes.
In April last year, Singapore Aircraft placed an order for
10 Boeing 737s with the option and purchase rights for 20 more.
To contact the reporter on this story:
Chan Sue Ling in Singapore
[email protected]
To contact the editor responsible for this story:
Tony Jordan at
[email protected] ;
Bret Okeson at
[email protected] | |||||||
2007-01-08 00:01:00 UTC | UK financial firms report record hiring last qtr | http://www.reuters.com/article/companyNewsAndPR/idUSL0522269420070108 | |||||||||
2007-01-08 00:08:00 UTC | Russia halts oil exports to Belarus | http://www.reuters.com/news/video/videoStory?storyID=cd6e03f330827bca99ee73be0e505d15a387c7a6 | |||||||||
2007-01-08 00:15:00 UTC | Patriots beat Jets 37-16 in AFC Wild Card | http://www.reuters.com/article/sportsNews/idUSL0775740920070108 | |||||||||
2007-01-08 00:21:00 UTC | UPDATE 1-'Museum' top attraction at worldwide box office | http://www.reuters.com/article/companyNewsAndPR/idUSN0728504920070108 | |||||||||
2007-01-08 00:21:00 UTC | Devils' Brodeur shuts out Canadiens | http://www.reuters.com/article/sportsNews/idUSSP14470420070108 | |||||||||
2007-01-08 00:29:00 UTC | Vista in view at CES | http://www.reuters.com/news/video/videoStory?storyID=53b0c062d335279b5b467ac48cd3de33f277ada6 | |||||||||
2007-01-08 00:31:00 UTC | WRAPUP-AUTOSHOW-Detroit gets a buzz from electric cars | http://www.reuters.com/article/latestCrisis/idUSN07284219 | |||||||||
2007-01-08 00:43:00 UTC | Elvis 'lives on' in Tokyo | http://www.reuters.com/news/video/videoStory?storyID=ec163e2d1226101f98e850d6154cc57b5fa60dfa | |||||||||
2007-01-08 01:03:00 UTC | AUTOSHOW-GM Asia Pacific chief sees India leading growth | http://www.reuters.com/article/companyNewsAndPR/idUSN0728954620070108 | |||||||||
2007-01-08 01:10:00 UTC | UPDATE 2-AUTOSHOW-GM CEO hopes for higher 2007 retail car sales | http://www.reuters.com/article/companyNewsAndPR/idUSN0728027220070108 | |||||||||
2007-01-08 01:26:00 UTC | Smith's future shaped by Clarett's past | http://www.reuters.com/article/sportsNews/idUSSP13738520070108 | |||||||||
2007-01-08 01:32:00 UTC | Bindi Irwin to make U.S. showbiz career debut | http://www.reuters.com/article/latestCrisis/idUSSYD142560 | |||||||||
2007-01-08 01:34:00 UTC | Samsung technology to allow on-the-go TV viewing | http://www.reuters.com/article/technologyNews/idUSN0729160020070108 | |||||||||
2007-01-08 01:37:00 UTC | Liz Hurley to wear pink sari for wedding: report | http://www.reuters.com/article/peopleNews/idUSDEL15021820070108 | |||||||||
2007-01-08 01:37:00 UTC | Bindi Irwin to make showbiz debut | http://www.reuters.com/article/entertainmentNews/idUSSYD14256020070108 | |||||||||
2007-01-08 01:38:00 UTC | Little League stays on ESPN | http://www.reuters.com/article/televisionNews/idUSN0422806120070108 | |||||||||
2007-01-08 01:41:00 UTC | PRESS DIGEST - Financial Times - Jan 8 | http://www.reuters.com/article/companyNewsAndPR/idUSL0822346920070108 | |||||||||
2007-01-08 01:43:00 UTC | Japan scientists link strokes to gene variant | http://www.reuters.com/article/latestCrisis/idUSHKG153376 | |||||||||
2007-01-08 01:49:00 UTC | Hitachi, Seagate boost data storage for movies | http://www.reuters.com/article/technologyNews/idUSN0629978020070108 | |||||||||
2007-01-08 01:49:00 UTC | PRESS DIGEST - Thai newspapers Jan 8 | http://www.reuters.com/article/latestCrisis/idUSBKK169217 | |||||||||
2007-01-08 01:54:00 UTC | CES-Sony says US electronics to grow in double-digits | http://www.reuters.com/article/companyNewsAndPR/idUSN0726543420070108 | |||||||||
2007-01-08 01:55:00 UTC | GM says 2006 China vehicle sales up 32 pct | http://www.reuters.com/article/companyNewsAndPR/idUSSHA14268820070108 | |||||||||
2007-01-08 01:59:00 UTC | Palestinians free AFP photographer-officials | http://www.reuters.com/article/latestCrisis/idUSL07777754 | |||||||||
2007-01-08 02:01:00 UTC | FOREX-Yen rises on Japanese rate outlook | http://www.reuters.com/article/companyNewsAndPR/idUST14272620070108 | |||||||||
2007-01-08 02:10:00 UTC | Samsung eyes 80 pct jump in '07 flat-panel TV sales | http://www.reuters.com/article/companyNewsAndPR/idUSSEO17683920070108 | |||||||||
2007-01-08 02:30:00 UTC | CES-Microsoft shipped 10.4 mln Xbox 360s through 2006 | http://www.reuters.com/article/companyNewsAndPR/idUSN1718032720070108 | |||||||||
2007-01-08 02:45:00 UTC | LSE to bring forward release of Q3 figures - paper | http://www.reuters.com/article/companyNewsAndPR/idUSL0872026520070108 | |||||||||
2007-01-08 02:47:00 UTC | GM goes electric with concept car | http://www.reuters.com/article/businessNews/idUSN0628582120070108 | |||||||||
2007-01-08 02:47:00 UTC | PRESS DIGEST - British business - Jan 8 | http://www.reuters.com/article/companyNewsAndPR/idUSL0872087020070108 | |||||||||
2007-01-08 02:59:00 UTC | Audi sees record revenue and earnings in 2006 | http://www.reuters.com/article/businessNews/idUSN0728902620070108 | |||||||||
2007-01-08 02:59:00 UTC | Chrysler says now has U.S. inventory under control | http://www.reuters.com/article/businessNews/idUSN0728779720070108 | |||||||||
2007-01-08 02:59:00 UTC | Hyundai sees 2007 US sales up more than 10 pct | http://www.reuters.com/article/businessNews/idUSN0728420320070108 | |||||||||
2007-01-08 02:59:00 UTC | BMW aims for 6th straight year of unit sales growth | http://www.reuters.com/article/businessNews/idUSN0727817720070108 | |||||||||
2007-01-08 02:59:00 UTC | Ford CEO Mulally says Jaguar not for sale | http://www.reuters.com/article/businessNews/idUSN0727344620070108 | |||||||||
2007-01-08 02:59:00 UTC | Nissan open to U.S. alliance | http://www.reuters.com/article/businessNews/idUSN0727328320070108 | |||||||||
2007-01-08 02:59:00 UTC | Bricklin says he's talking to 15 Chinese carmakers | http://www.reuters.com/article/businessNews/idUSN0746319120070108 | |||||||||
2007-01-08 02:59:00 UTC | Chrysler shows off "family room on wheels" | http://www.reuters.com/article/businessNews/idUSN0725105420070108 | |||||||||
2007-01-08 02:59:00 UTC | VW works council head wants Piech to stay on board | http://www.reuters.com/article/businessNews/idUSN0729536720070108 | |||||||||
2007-01-08 02:59:00 UTC | GM Europe targets 2007 profitability | http://www.reuters.com/article/businessNews/idUSN0729304120070108 | |||||||||
2007-01-08 02:59:00 UTC | Denso sees North American revenues rising | http://www.reuters.com/article/businessNews/idUSN0729158020070108 | |||||||||
2007-01-08 02:59:00 UTC | Zetsche eyes 2007 gains at Mercedes, Chrysler | http://www.reuters.com/article/businessNews/idUSN0728902720070108 | |||||||||
2007-01-08 03:00:00 UTC | CES-Starz, Microsoft to offer download service on TV | http://www.reuters.com/article/companyNewsAndPR/idUSN0725438520070108 | |||||||||
2007-01-08 03:00:00 UTC | CES-Nokia unveils three new, thin N-Series phones | http://www.reuters.com/article/companyNewsAndPR/idUSN0729453720070108 | |||||||||
2007-01-08 03:00:00 UTC | CES-Sling Media to link PCs to TVs | http://www.reuters.com/article/companyNewsAndPR/idUSN0730524820070108 | |||||||||
2007-01-08 03:08:00 UTC | RPT-CES-Nokia unveils three new, thin N-Series phones | http://www.reuters.com/article/companyNewsAndPR/idUSSP18829520070108 | |||||||||
2007-01-08 03:12:00 UTC | UPDATE 2-CES-LG unveils solution to new DVD format war | http://www.reuters.com/article/companyNewsAndPR/idUSN0727809220070108 | |||||||||
2007-01-08 03:17:00 UTC | Product placement works for feel-good shows | http://www.reuters.com/article/televisionNews/idUSN0522746320070108 | |||||||||
2007-01-08 03:20:00 UTC | Electronics show focusing on content | http://www.reuters.com/article/technologyNews/idUSN0720196820070108 | |||||||||
2007-01-08 03:21:00 UTC | Actors union chief eyes second act | http://www.reuters.com/article/industryNews/idUSN0522388820070108 | |||||||||
2007-01-08 03:30:00 UTC | Garnett powers Timberwolves to fourth straight win | http://www.reuters.com/article/sportsNews/idUSSP13170120070108 |
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