CHINA

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Chinese airlines not cancelled Boeing orders: exec

Boeing Co has received no cancellations of aircraft orders from Chinese airlines , a senior executive said on Thursday, although deliveries have been adjusted as carriers trim costs to cope with weak demand.
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Daily Commentary - 15/10/2009

Intraday support at 0.9030 held firm in local exchange yesterday with strong Chinese Trade data giving the Aussie another boost towards 91 cents. Offshore investors took the AUD/USD to a high around 0.9150 with optimism on the global recovery, following higher than forecast U.S Retail Sales data, continuing to drive sentiment on commodities and commodity based currencies like the AUD. Underlying support for the currency is expected to continue whilst the Greenback remains weak with today's trade...
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ASML Q3 bookings bonanza fuels tech recovery hopes

ASML's results soared above expectations as its customers in the semiconductor sector ramped up investments, and the Dutch chip equipment maker forecast a further flood of orders in the fourth quarter.
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Fortune Oil says Liulin possible gas estimate trebles

China-focused Fortune Oil Plc said on Wednesday an independent resource evaluation raised its gas resource estimate at the company's Liulin block in Shanxi Province, tripling the possible reserves to 84.8 billion cubic feet (bcf).
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Security summit ends in China with little to show

A security summit between China, Russia and their Central Asian neighbors wrapped up in Beijing on Wednesday with vague promises to deepen economic cooperation but no public mention of regional flashpoints like Afghanistan.
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UK union OK brings Opel deal closer

Agreement between Magna and a UK labour union on Tuesday brought closer a final deal for General Motors [GM.UL] to sell a majority stake in its European carmaking arm Opel to a Canadian-Russian consortium.
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Clinton to woo Russian people on reset trip

U.S. Secretary of State Hillary Clinton ends her visit to Russia on Wednesday with a charm offensive to win public support for Washington's efforts to reset relations but no clear breakthroughs from formal talks.
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Ford posts record China vehicle sales

Ford Motor Co said its China vehicle sales in the third quarter jumped 79 percent from a year earlier as Beijing's stimulus policies bolstered auto demand.
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GM aims to grow faster than China market in 2010

General Motors Co GM.UL aims to grow faster than China's auto market in 2010, its China chief said on Wednesday, after outperforming the country's overall market in the first three quarters.
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Stock futures signal gains; Intel Q3 boost

U.S. stock index futures pointed to a strong open on Wall Street on Wednesday following forecast-beating results from Intel Corp and ahead of earnings from JPMorgan Chase & Co.
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Strong China trade figures point to recovery

China reported surprisingly strong trade figures on Wednesday, providing fresh evidence that the world's third-largest economy is firmly on a recovery track and that global demand is improving too.
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Oil sets new 2009 high on dollar, economy hopes

Oil surged for a fifth day on Wednesday to a 2009 high of $75.12 a barrel, boosted by a weak dollar and surprisingly strong China trade data that underscored a recovery in the world's second-largest oil user.

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