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Kevin Snowball, CEO of PXP Vietnam Asset Management thinks the Vietnam market is cheap. He says the bad loans issue in Vietnam is manageable and concentrated in certain areas.
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LONDON, May 1- A new strain of bird flu that is causing a deadly outbreak among people in China is a threat to world health and should be taken seriously, scientists said on Wednesday. "The WHO considers this a serious threat," said John McCauley, director of the WHO Collaborating Centre for Influenza at Britain's National Institute for Medical Research.
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JAKARTA, May 1- Southeast Asian stock markets were closed on Wednesday due to the May Day holiday, except the Indonesian market, which closed 0.53 percent higher after real estate companies reported higher-than-expected first-quarter results. Lippo Cikarang and Agung Podomoro Land rose more than 5 percent to 7,350 rupiah and 500 rupiah, respectively.
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*1st- qtr adj profit 26 cents/ share vs estimates 14 cents. April 30- Avon Products Inc on Tuesday reported a better-than-expected first-quarter profit in the latest sign the beauty products company's business continues to improve, helped by higher sales in key markets Brazil and Russia and cost cuts.
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April 30- All Southeast Asian stocks gained on Tuesday with Indonesia and Malaysia hitting record highs, on strong quarterly earnings and expectations that the U.S. The rally in the share was linked to the news that Unilever Plc.
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WASHINGTON, April 29- The U.S. Army will hold a flight demonstration on Tuesday of a newly upgraded version of the Vietnam- era OH-58 Kiowa Warrior helicopter, an Army- led initiative that officials say will save $600 million in coming years.
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CHICAGO, April 29- Whether you need to invest a tax refund or simply want to see if you're on track with your investments, spring is a great time to get out the broom.
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Turkey, likely to overtake Britain as Europe's third-biggest electricity consumer within ten years, plans to build several nuclear plants over the next decade to reduce its dependence on imported oil and gas.
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BANGKOK, April 29- Most Southeast Asian stocks inched up in light volume trade on Monday as strong earnings lifted shares in blue chips such as CapitaLand Ltd. The risk of further disappointing global economic data dented sentiment in Asia while Southeast Asia saw trading volume falling across the board.
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SINGAPORE, April 29- Asia needs to guard against asset bubbles and its emerging economies must improve government institutions and liberalise rigid labour and product markets if they wish to reach the level of developed countries, the International Monetary Fund said on Monday.
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--Clyde Russell is a Reuters market analyst. The views expressed are his own.--. LAUNCESTON, Australia, April 29- Thailand's rice intervention scheme is almost two years old and the chances of it surviving a third year in its current form appear to be rapidly diminishing.
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*Sterlite's Vietnam customers buy spot shipments from Japan* Smelters' processing fees could rise further By Melanie Burton and Anupama Chandrasekaran.
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About 18 months before the previous big tragedy in Bangladesh- a fire in November in a textile factory that killed 112 people- shareholders at Wal-Mart Stores Inc had the opportunity to weigh in on the safety question.
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*Sterlite's Vietnam customers buy spot shipments from Japan* Smelters' processing fees could rise further By Melanie Burton and Anupama Chandrasekaran.
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Yakult and Danone, the Japanese company's biggest shareholder, said they were replacing their strategic alliance with a looser cooperation framework. Scrapping the alliance removes any bar on Danone, the world's largest yoghurt maker by sales, from launching a hostile bid for Yakult, which makes fermented-milk drinks. Danone owns 20 percent of Yakult.
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Yakult and Danone, the Japanese company's biggest shareholder, said they were replacing their strategic alliance with a looser cooperation framework. Scrapping the alliance removes any bar on Danone, the world's largest yoghurt maker by sales, from launching a hostile bid for Yakult, which makes fermented-milk drinks. Danone owns 20 percent of Yakult.
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SINGAPORE, April 26- Asia's gasoil margin improved on Friday as more spot demand emerged from Vietnam, helping to absorb excess barrels in the region.
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BANGKOK, April 26- Most Southeast Asian stocks gained on Friday amid steady gains by blue chips in a reporting season, while Thailand outperformed the region on the week as index heavyweight energy shares tracked a rebound in global oil prices. Large caps such as Singapore's property developer CapitaLand Ltd.
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BEIJING, April 26- China accused the Philippines on Friday of trying to legalise its occupation of islands in the disputed South China Sea, repeating that Beijing would never agree to international arbitration.
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--Dai A Bank may be merged with HD Bank, HD Bank Chairwoman Le Thi Bang Tam told shareholders on Thursday. --Vietnam and Laos have opened the new Tay Giang-Ka Lum border gate, which connects Vietnam's central province of Quang Nam and Laos' Sekong province, Quang Nam province authorities said.
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April 26- Following is a table of customs-cleared total coal imports for March released by Japan's Ministry of Finance on Friday. China 163,371 -60.8 $187.36 432,573 -66.5. Vietnam 81,823 -22.9 $147.28 225,177 5.3.