Asian shares were cheered by good data from Japan and China Monday morning,as well as a steady jobs report from the US on Friday.The MSCI Asia Pacific index rose 0.20%.
The Japanese economy grew a surprising amount in Q1,with the GDP up 6.7% versus an estimate of 5.6.Japanese manufacturing shares were strong,with Alps Electric up 4.0%;Panasonic up 3.0;and Hitachi Construction Machinery up 2.8.The Nikkei rose 0.41%.*
China showed strong exports in May,with a trade surplus of 35.9 billion dollars,up 7.0% on the year.It was the highest surplus since 2008.China's growth target is 7.5%.*
India's SENSEX index was up 0.6% on hopes new Prime Minister Narendra Modi will unveil economic reforms.*
Australian Prime Minister Tony Abbott will travel to Washington this week to meet with President Barack Obama.The two leaders will discuss trade,Asia-Pacific affairs and Afghanistan.Australian markets were closed Monday for the Queen's Birthday holiday.*
Sony will display its Project Morpheus PS4 virtual reality headset at the E3 electronic entertainment show in Las Vegas this week.The Morpheus is a response to Facebook's Oculus headset.Sony has sold two million more Playstation 4 consoles than Microsoft's Xbox 1.
The Sony Morpheus headset is more physically attractive than the Facebook Oculus,which could be a significant edge in itself.The Morpheus features a sleeker,more stylish and space age design than the boxy Oculus.*
In sport,South Korea's Inbee Park notched another LPGA victory at the Manulife Financial LPGA Classic in Waterloo,Ontario.Park shot an incredible 23 under par 61 to edge American Kristie Kerr and her 20 under par 63.China's Shanshan Feng was third with an 18 under par 63.
In motor racing,Australia's Daniel Ricciardo,24,sped to the first victory of the season for Red Bull Racing,while his teammate,World Champion Sebastian Vettel,took third at the Canadian Grand Prix in Montreal.It was also Ricciardo's first F1 victory,while Vettel has yet to win this year.Germany's Nico Rosberg of Mercedes AMG came in second on the podium.*
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Showing posts with label Tony Abbott. Show all posts
Showing posts with label Tony Abbott. Show all posts
Monday, June 9, 2014
Monday, March 31, 2014
Asian Shares Higher;Tony Abbott;Malaysian Grand Prix
Asian markets ended the first quarter confidently Monday,with the MSCI Asia-Pacific index up 0.50%.Markets were encouraged by China Construction Bank's better than expected performance on wider lending margins,and consumer shares were strongest.The Nikkei average was up even though Japan's sales tax goes up for the first time in 17 years to 8.0% on Tuesday,and US stock futures followed the positive trend.*
Australian Prime Minister Tony Abbott visited RAAF Pearce in Perth Monday morning to thank the multinational troops searching for the lost flight MH-370 and address the media.It's been tremendous to see all of the cooperation here,Mr.Abbott said.It's really heartening,and it demostrates the nations of this area can come together for the betterment of humanity.
This is an extraordinarily difficult exercise and we are working on extremely limited information.The best minds and all of the technological mastery that we have is being brought to bear here.If this mystery is solvable,we will solve it.I'm certainly not putting a time limit on it.We owe it to everyone to do whatever we reasonably can.The intensity of our search and the magnitude of our operations in increasing,not decreasing.
We're working on the best available intelligence and the best available leads.We're as good as anyone in the world at it.I think morale is high.They're tired,sure;but this is what they're trained for;this is what they live for.I am getting several updates a day on this.My office is at least in hourly contact with those who are responsible for the search.
This is a major international incident and Australia has the lead responsibility for what happens in our search zone.We here will bear the cost of the coordination center under Air Chief Marshall Angus Houston.It's an act of international citizenship on Australia's part.We are happy to be as helpful as we can,Prime Minister Tony Abbott assured the media and military personnel at RAAF Pearce Base.
The search will be coordinated from the Western Australia Crisis Centre in Perth by retired Air Chief Marshall Allan Grant "Angus" Houston,former Chief of Defence.*
In motor sport,Petronas AMG Mercedes took the top two places at the Formula One Malaysian Grand Prix near Kuala Lumpur on Sunday as drivers Lewis Hamilton of Great Britain and German Nico Rosberg finished ahead of Infiniti Red Bull's Sebastian Vettel,the defending World Champion.This follows Rosberg's win at the season opener in Melbourne two weeks ago.Meanwhile,Australian Will Power won the first race of the season in the Indycar Series,the St.Petersburg Grand Prix in Florida,while American Ryan Hunter-Reay took second and Power's teammate Helio Castroneves of Brazil came in third.
Australian Prime Minister Tony Abbott visited RAAF Pearce in Perth Monday morning to thank the multinational troops searching for the lost flight MH-370 and address the media.It's been tremendous to see all of the cooperation here,Mr.Abbott said.It's really heartening,and it demostrates the nations of this area can come together for the betterment of humanity.
This is an extraordinarily difficult exercise and we are working on extremely limited information.The best minds and all of the technological mastery that we have is being brought to bear here.If this mystery is solvable,we will solve it.I'm certainly not putting a time limit on it.We owe it to everyone to do whatever we reasonably can.The intensity of our search and the magnitude of our operations in increasing,not decreasing.
We're working on the best available intelligence and the best available leads.We're as good as anyone in the world at it.I think morale is high.They're tired,sure;but this is what they're trained for;this is what they live for.I am getting several updates a day on this.My office is at least in hourly contact with those who are responsible for the search.
This is a major international incident and Australia has the lead responsibility for what happens in our search zone.We here will bear the cost of the coordination center under Air Chief Marshall Angus Houston.It's an act of international citizenship on Australia's part.We are happy to be as helpful as we can,Prime Minister Tony Abbott assured the media and military personnel at RAAF Pearce Base.
The search will be coordinated from the Western Australia Crisis Centre in Perth by retired Air Chief Marshall Allan Grant "Angus" Houston,former Chief of Defence.*
In motor sport,Petronas AMG Mercedes took the top two places at the Formula One Malaysian Grand Prix near Kuala Lumpur on Sunday as drivers Lewis Hamilton of Great Britain and German Nico Rosberg finished ahead of Infiniti Red Bull's Sebastian Vettel,the defending World Champion.This follows Rosberg's win at the season opener in Melbourne two weeks ago.Meanwhile,Australian Will Power won the first race of the season in the Indycar Series,the St.Petersburg Grand Prix in Florida,while American Ryan Hunter-Reay took second and Power's teammate Helio Castroneves of Brazil came in third.
Monday, November 25, 2013
Singapore Group Buys Rio Airport;Webber Closes Out F1 Career
Changi Airport Group Singapore Pte Ltd and Odebrecht SA have bid 8.3 billion reals for Rio's Galeao Airport.The airport will host the 2014 World Cup and 2016 Summer Olympics.About 600,000 visitors are expected for the World Cup alone,and auctioning the airport was a part of President Dilma Rouseff's plan for infrastructure improvement for Rio de Janeiro prior to the huge upcoming events.
If they can follow this up with three successful highway auctions,it could be really helpful in turning the boat of sentiment away from negative to more positive,said analyst Jefferson Finch of the Eurasia Group.
The Brazilian state management company Infraero will retain a 49% satke in the airport.The Latin American aviation market presents many growth opportunities,said the Singaporean acquirer Changi.We must focus immediatley on the expansion of the Galeao Airport.*
Australian Prime Minister Tony Abbott's Liberal/National Party coalition has fallen out of favour already,a new poll suggests.Only 11 weeks old,the coalition trails the Labour opposition 48%-52%.People are critical of the government's immigration and environmental policies,as well as Australian intelligence's alleged phone tapping of Indonesian leaders.*
In motor sport,Germany's Sebastian Vettel won the Brazilian Grand Prix at Sao Paolo Sunday,with his Red Bull Racing teammate Australian Mark Webber finishing his career with a second place showing,and Spaniard Fernando Alonso taking third for Ferrari.Webber,37,has retired from Formula One after compiling a record of 9 wins out of 215 races.Vettel,26,won his fourth straight World Driving Championship,while Alonso was second,and Webber third in the overall standings.
It was a very good finish,Webber said,a good fight with those I've fought with the last few years.It's been a great journey,one that I'm proud of.On to Porsche-I'm looking forward to it.*
Webber will race Le Mans sports cars for Porsche next season.He has already been fitted for his new seat and been released from his contract with Red Bull Racing.
If they can follow this up with three successful highway auctions,it could be really helpful in turning the boat of sentiment away from negative to more positive,said analyst Jefferson Finch of the Eurasia Group.
The Brazilian state management company Infraero will retain a 49% satke in the airport.The Latin American aviation market presents many growth opportunities,said the Singaporean acquirer Changi.We must focus immediatley on the expansion of the Galeao Airport.*
Australian Prime Minister Tony Abbott's Liberal/National Party coalition has fallen out of favour already,a new poll suggests.Only 11 weeks old,the coalition trails the Labour opposition 48%-52%.People are critical of the government's immigration and environmental policies,as well as Australian intelligence's alleged phone tapping of Indonesian leaders.*
In motor sport,Germany's Sebastian Vettel won the Brazilian Grand Prix at Sao Paolo Sunday,with his Red Bull Racing teammate Australian Mark Webber finishing his career with a second place showing,and Spaniard Fernando Alonso taking third for Ferrari.Webber,37,has retired from Formula One after compiling a record of 9 wins out of 215 races.Vettel,26,won his fourth straight World Driving Championship,while Alonso was second,and Webber third in the overall standings.
It was a very good finish,Webber said,a good fight with those I've fought with the last few years.It's been a great journey,one that I'm proud of.On to Porsche-I'm looking forward to it.*
Webber will race Le Mans sports cars for Porsche next season.He has already been fitted for his new seat and been released from his contract with Red Bull Racing.
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