Toyota Motor Corporation
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Asian Activities Report for November 28, 2011 includes: Toyota Motor Corporation (TYO:7203) has unveiled its newest model of sports car "86"; United Company Rusal Plc ("UC RUSAL") (HKG:0486), the world's largest aluminium producer, has signed an agreement to purchase a 33% stake in Shenzhen North Investments Corporation Limited; Bathurst Resources Limited (ASX:BTU) announces its first export shipment of coal from the Buller Project; Australian resources company GBM Resources Limited (ASX:GBZ) has discovered broad zone of Rare Earth Element and Yttrium mineralisation at the Milo Project.
2nd Annual Green Fuels & Vehicles China 2011 will be convened on April 7-8 in Beijing, China. This year the event will focus on exploring the technical and commercial roadmaps for alternative fuels and new energy vehicles, discuss the policy incentives, market outlook, technical innovations and charging infrastructure development of the industry. It is China's leading international networking and information exchange platform for new energy vehicle industry.
Australia's biggest construction equipment expo - The 7th Australian Construction Equipment Expo - ACE 2011 will be held from Thursday 24 to Saturday 26 February 2011 at Sandown Racecourse, Melbourne.
Asian markets mostly gained on Friday. Japan's Nikkei was 0.2 per cent higher on upbeat industrial output data. Hong Kong's Hang Seng Index rose 1.0 per cent, while South Korea's Kospi added 0.5 per cent. China's Shanghai Composite Friday fell 0.3 per cent. Today metal and resource shares in the regional markets may face pressure after the massive earthquake that hit Chile.
Asian equity markets Friday experienced heavy losses after Wall Street's tumble and concerns over European sovereign debt. Japan's Nikkei index fell 2.9%. Hong Kong's Hang Seng Index lost 3.3%, its first finish below 20000 since September. South Korea's Kospi lost 3% to 1567.12, Taiwan's Taiex sank 4.3% and China's Shanghai Composite gave up 1.9%.
Last week Asian markets mostly experienced a significantly losing week and will continue to be weighed by the negative lead from US and European markets on Monday. Asian stocks Friday stumbled on disappointing company forecasts and Toyota's recall of millions of cars. For the month, China's Shanghai Composite lost 8.8%, Hong Kong's Hang Seng Index fell 8%, Australia's S&P/ASX 200 was down 6.2% and South Korea's Kospi slid 4.8% to 1602.43.
US stocks ended higher overnight on a bigger-than-expected rise in existing home sales for November. The used-home sales jumped 7.4 per cent, having increased more than double the economists' expectations.
US stocks soared on Friday after the Labor Department data showed that job cuts fell sharply in November. The news fuelled the expectations that the US Federal Reserve might consider increasing interest rates.
Asian stocks markets broadly dropped on Thursday despite Wall Street posted a solid gain overnight. Tokyo shares opened lower as the stronger yen continued to dampen investors' sentiment. In Hong Kong market, China Minsheng Banking Corp failed to lift the Hang Seng Index in its debut. Shanghai and Seoul shares also declined as their Asian peers.
Asian shares broadly fell Tuesday following the declines on Wall Street. But Investors' hopes over the stimulus measures from China and Japan have offset some bleak sentiment led by the US market. Japan's Nikkei 225 Average ended with a modest fall of 0.7% while South Korea's Kospi Composite gained 0.7% and Taiwan's Taiex added 0.2%. Shanghai Composite fell 1.1% and Hong Kong's Hang Seng Index ended 2.3% lower.
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