Archive for March 14th, 2008

Analyst’s report puts Sprint shares in tailspin

Friday, March 14th, 2008

Sprint Nextel Corp. shares dropped 4 percent Thursday after a Deutsche Bank analyst said there is "no turnaround in sight" for the besieged telecom company. Sprint shares lost 25 cents to 5.97 U.S. dollars in light midday trading. Th ...

Sharp eyes China’s cell phone market

Friday, March 14th, 2008

Sharp Corp., the No. 1 cell phone manufacturer in the Japanese market, is planning to march into China's cell phone market in June at the earliest as the Japanese domestic market is close to saturation, the Japan Economics News reported Fri ...

Tokyo stocks slump

Friday, March 14th, 2008

Tokyo stocks plunged to a fresh two year and seven months low Friday. The 225-issue Nikkei Stock Average lost 191.84 points, or 1.54 percent, to close at 12,241.40, the lowest level since Aug. 10, 2005. The broader Topix ind ...

Indonesian airplane firm gets European award for best supplier

Friday, March 14th, 2008

State-owned airplane producer PT Dirgantara Indonesia received the best performance supplier 2007 award from major Airbus' Spirit AeroSystems Europe Ltd., local press said Friday. The award was intended to show appreciation for Dirg ...

Vietnam to take drastic measures to curb inflation

Friday, March 14th, 2008

Vietnam is focusing on tightening management over its monetary market, promoting local bourse and enhancing production to combat high inflation, in a move to ensure the country's stable macroeconomic development. Facing the consumer ...

Malaysia’s Maybank to issue dual-purpose card

Friday, March 14th, 2008

Malayan Banking Bhd (Maybank), the largest commercial bank in Malaysia, hopes to issue one million of its newly-launched dual purpose bankcard, Maybankard Visa Debit, by the end of this year, local media reported on Friday. The card ...

U.S. eyes free trade pact with Malaysia

Friday, March 14th, 2008

The United States (U.S.) is looking forward to tying up its Free Trade Agreement with Malaysia now that the new government is formed, local media reported on Friday. "With the new government installed, we look forward to closing the ...

Myanmar to launch ICT exhibition

Friday, March 14th, 2008

Myanmar will launch a three-day information and communication technology (ICT) exhibition in Yangon in late this month to promote the development of the advanced technology, according to the organizer, the Myanmar Computer Federation (MCF), ...