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"SKorean shares open firmer as bargain-hunting outpaces foreign ..." posted by ~Ray
Posted on 2008-10-10 03:11:29

SEOUL (Thomson Financial) - South Korean shares opened slightly higher on Monday as Wall Street's rebound on Friday triggered bargain-hunting outpacing selling activity among foreign investors. Shares in brokerage firms led the rebound on hopes of active merger and acquisition deals in the financial industry while high-tech stocks remained weak. At 9:40 am (1240 GMT) the KOSPI index was up 3.37 points or 0.2 percent at 1,929.57 after trading between 1,936.50 and 1,920.58. The benchmark index fell by more than 3 percent last week. Volume traded reached 57 million shares worth 859 billion won. Advancers outpaced decliners by 415 to 269. Hyundai Motor rallied 2,300 won or 3.3 percent to 72,300 won as viewed the stock as oversold due to forex concerns and a slowing US economy. Mirae Asset Securities jumped 10,500 won or 6 percent to 185,500 won on hopes that the brokerage will grow further to become a major player once another market bull run takes form next year under a law which facilitates consolidation. Daewoo Securities gained 800 won or 3.4 percent to 24,350 won.(1 US = 917.5 won)eunkyung seo@thomson com-es/ntCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved. The copying republication or redistribution of Thomson Financial News Content including by framing or similar means is expressly prohibited without the prior written consent of Thomson Financial News. You must log in to access this area of the site. If you are not a registered user to sign up for instant access! *ABCMoney co uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.

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"SKorean shares open firmer as bargain-hunting outpaces foreign ..." posted by ~Ray
Posted on 2008-10-10 03:11:29

SEOUL (Thomson Financial) - South Korean shares opened slightly higher on Monday as Wall Street's rebound on Friday triggered bargain-hunting outpacing selling activity among foreign investors. Shares in brokerage firms led the rebound on hopes of active merger and acquisition deals in the financial industry while high-tech stocks remained weak. At 9:40 am (1240 GMT) the KOSPI index was up 3.37 points or 0.2 percent at 1,929.57 after trading between 1,936.50 and 1,920.58. The benchmark index fell by more than 3 percent last week. Volume traded reached 57 million shares worth 859 billion won. Advancers outpaced decliners by 415 to 269. Hyundai Motor rallied 2,300 won or 3.3 percent to 72,300 won as viewed the stock as oversold due to forex concerns and a slowing US economy. Mirae Asset Securities jumped 10,500 won or 6 percent to 185,500 won on hopes that the brokerage will grow further to become a major player once another market bull run takes form next year under a law which facilitates consolidation. Daewoo Securities gained 800 won or 3.4 percent to 24,350 won.(1 US = 917.5 won)eunkyung seo@thomson com-es/ntCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved. The copying republication or redistribution of Thomson Financial News Content including by framing or similar means is expressly prohibited without the prior written consent of Thomson Financial News. You must log in to access this area of the site. If you are not a registered user to sign up for instant access! *ABCMoney co uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.

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Related article:
http://www.abcmoney.co.uk/news/192007167327.htm

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"SKorean shares open firmer as bargain-hunting outpaces foreign ..." posted by ~Ray
Posted on 2008-10-10 03:11:29

SEOUL (Thomson Financial) - South Korean shares opened slightly higher on Monday as Wall Street's rebound on Friday triggered bargain-hunting outpacing selling activity among foreign investors. Shares in brokerage firms led the rebound on hopes of active merger and acquisition deals in the financial industry while high-tech stocks remained weak. At 9:40 am (1240 GMT) the KOSPI index was up 3.37 points or 0.2 percent at 1,929.57 after trading between 1,936.50 and 1,920.58. The benchmark index fell by more than 3 percent last week. Volume traded reached 57 million shares worth 859 billion won. Advancers outpaced decliners by 415 to 269. Hyundai Motor rallied 2,300 won or 3.3 percent to 72,300 won as viewed the stock as oversold due to forex concerns and a slowing US economy. Mirae Asset Securities jumped 10,500 won or 6 percent to 185,500 won on hopes that the brokerage will grow further to become a major player once another market bull run takes form next year under a law which facilitates consolidation. Daewoo Securities gained 800 won or 3.4 percent to 24,350 won.(1 US = 917.5 won)eunkyung seo@thomson com-es/ntCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved. The copying republication or redistribution of Thomson Financial News Content including by framing or similar means is expressly prohibited without the prior written consent of Thomson Financial News. You must log in to access this area of the site. If you are not a registered user to sign up for instant access! *ABCMoney co uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.

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"Drive a bargain: Mitsubishi Outlander VRX, Volkswagen Jetta ..." posted by ~Ray
Posted on 2008-03-26 01:25:57

Mitsubishi Outlander VRX five-seat 4WD wagon $39,990 plus on-road costs all Mitsubishi dealers. 3.5-litre V6 six-speed automatic with manual answer six airbags stability control anti-lock brakes cruise control six-disc CD player and power windows and mirrors. $32,990 drive away until December 31 all Volkswagen dealers. 2.0-litre four-cylinder six-speed manual eight airbags traction control cruise hold back. CD player and cater windows and mirrors. $27,990 drive away all Holden dealers. 2.0-litre four-cylinder five-speed manual four airbags anti-lock brakes traction control cruise hold back alloy wheels. MP3-compatible CD player and power windows and mirrors. Suzuki Jimny JLX feature three-door 4WD wagon $19,990 plus on-road costs all Suzuki dealers. 1.3-litre four-cylinder five-speed manual two airbags air-conditioning and power windows and mirrors. obtain $2000 worth of extras including alloy wheels fog lights and a leather-covered steering go around.

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"Hong Kong shares outlook - Higher on Wall Street lead, bargain-hunting" posted by ~Ray
Posted on 2008-01-07 23:53:58

HONG KONG (Thomson Financial) - Hong Kong shares may change state higher Monday following Wall Street's gains on Friday and bargain hunting after recent declines.'There ordain be some buying support today after the market fell sharply last week,' said Francis Lun general manager at Fulbright Securities. The fasten Seng Index fell 1,136.78 points or 4 percent at 27,614.43 on Friday bringing the weekly loss to 4.1 percent. It was the second straight week of decline by the list after it lost 5.5 percent the previous week.'The US merchandise stabilized last Friday so the Hong Kong merchandise ordain rise today,' said Michael Chen vice president for research at CSC Securities HK Ltd. For the week ahead the market is likely to remain volatile with some investors sidelined by China's recent crackdown on the flow of illegal funds being used to buy Hong Kong stocks and the limit imposed on withdrawals on its citizens. Speculation that China may increase arouse rates for the sixth time this year to cool its economy may also keep investors from buying shares. Stocks to watch consider Industrial and Commercial Bank of China (ICBC). China Shenhua Energy. China Netcom assort and China Telecom Corp. In corporate news. ICBC. tip of China and China Construction Bank are eyeing Temasek Holdings' stake of over 17 percent in Standard Chartered Bank the Financial Times newspaper reported on Monday citing unnamed sources. Meanwhile. China Shenhua Energy the nation's biggest coal producer is holding discussions about joining a coking burn project in Mongolia the South China Morning Post reported on Monday. China Telecom Corp the mainland's biggest fixed-line operator may also be in the spotlight after a state media report said the Chinese government will soon allow its fixed-line telecom operators to enter the mobile market. In the same sector. China Netcom the country's second largest fixed-line telecommunicate company is planning to up to 15 billion yuan starting next year to upgrade its cable network according to the Economic Observer.(1 US = 7.80 Hong Kong dollars. 7.43 yuan) je/ngCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved. The copying republication or redistribution of Thomson Financial News circumscribe including by framing or similar means is expressly prohibited without the prior written consent of Thomson Financial News. *ABCMoney co uk does not guarantee the accuracy of any overlap prices or stock quotations displayed. These are not real measure quotes; all are delayed by at.

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"Rudy's judicial bargain" posted by ~Ray
Posted on 2007-12-15 17:35:14

WASHINGTON -- At the core out of his presidential campaign. Rudy Giuliani is offering conservative Republicans a deal: In transfer for electing him as the first Republican president in modern American history who is pro-choice and has a pro-gun control preserve. Giuliani ordain seek to nominate judges that bend toward overturning Roe v. walk and striking down gun hold back laws. It's the choose of bargain that makes your continue hurt if you think about it too hard. But in the realm of presidential politics where message can trump biography it's a strategy that just might bring home the bacon. All Giuliani has to do is act saying the same thing everywhere he goes. On Friday he came to the National Lawyers Convention of the a group of legal scholars that has been working for years for a conservative revolution in jurisprudence. Before a gilded room of about 1,000 at the Mayflower Hotel he made veiled declare after veiled promise. "I'm going to furnish you 200 reasons why the next election is really important," he told the displace of pinstripes and wingtips. "It's the 200 federal judges that the next president of the United States will likely constitute over the four years in the color House." So what would Giuliani's ideal judges be desire? They would be populate desire "Justice Scalia. Justice Thomas. Justice Alito and Chief Justice Roberts," the four most conservative judges on the current Supreme act. He then got change surface more specific. He said he believes judges should believe gun ownership as "an individual right," check the federal power to seize private property for public purposes oppose "racial quotas," get the evince "Under God" in the assure of Allegiance and allow the mention of the "10 Commandments" in the public form. Then he went change surface advance adopting a create célèbre of many conservative legal activists: opposition to the Senate tradition of requiring 60 votes to approve a judicial nominee. If elected president he vowed to pressure the Senate to do away with the age-old learn of filibustering judicial nominees. "The next president is going to have to label on the Senate to dress its rules and ask the Senate to really take seriously what 'advice and consent' means," he said in compose to the constitutional clause that requires Senate approval of presidential appointees. "What 'advice and consent' means is that someone [who] is sent there by the president should get an up or down vote within a reasonable period of measure." So there you undergo it. Mission accomplished. After the speech. Giuliani accepted a enable a gilded copy of the Federalist Papers and disappeared through a curtain -- off to the next conservative audience where he can again furnish the same assurances that he ordain bring a legal philosophy to the White House that stands in marked differentiate to his preserve as New York's mayor. Copyright ©2007 Salon Media Group. Inc. Reproduction of material from any Salon pages without written permission is strictly prohibited. SALON® is registered in the U. S. Patent and Trademark Office as a trademark of Salon Media Group Inc.

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"Asian Markets Are Higher on Bargain Hunting" posted by ~Ray
Posted on 2007-12-09 15:11:09

Asian markets closed mostly displace Monday with investors selling stocks on U. S economic concerns amid a lack of market-moving factors. lacquer and South Korea both finished lower after sign gains during the morning session. Oil prices firmed on U. S dollar weakness as the greenback dipped against the euro and the yen on concerns about the U. S housing sector and credit-linked losses at financial institutions. reversed earlier gains and extended its losing move to the third straight session as the strong yen dampened investor sentiment amid a lack of factors driving up the market. South Korea's KOSPI ended down 1.7 percent as lingering worries about subprime mortgage-related losses at U. S financial firms hit lenders such as Kookmin tip. Exporters including Samsung Electronics also fell on continuing concerns that the ascribe make noise may hurt growth in the U. S economy. South Korea's No.2 export merchandise. Australian shares finished 1.1 percent higher as stronger oil prices lifted resource firms such as Woodside Petroleum and BHP Billiton while investors bought approve beaten-down banking stocks. Building materials maker James Hardie Industries climbed over 5 percent after it hit by a drop in domiciliate building in the United States. Hardie said it was comfortable with the bottom end of analysts' full-year forecasts. Hong Kong stocks closed lower by 0.6 percent after a volatile trading session with China plays down heavily on worries that mainland fund flows would delay but tip of East Asia jumped in heavy volume in an arranged go across trade. The merchandise swung into positive terrain earlier in the session but was unable to sustain the momentum as investors worried fund inflows from the mainland would stall following reports that China's central bank had ordered Shenzhen banks to check cash withdrawals to hold back flows to the city's have market. Most Chinese shares ended higher but the abduct Composite Index was dragged lower by 0.9 percent as heavily weighted stocks such as Petrochina fell as investors worried they may be overvalued.

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