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Posts Tagged ‘second’

VN-Index advances second day

In Uncategorized on January 8, 2011 at 4:28 am

Vietnam’s benchmark VN-Index rebounded on December 28 thanked to support from financial stocks.

The measure of 275 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange escalated 1.33 percent, or 6.28 points, to finish at 479.33 points.

Among the index members, 199 stocks advanced, 47 slid, while 34 stalled.

Trading volume strongly jumped over the previous trading session. Around 88.91 million shares changed hands at a value of VND2 trillion.

Saigon Securities Inc. (SSI), the country largest brokerage, won the position of most active share in volume with 4.2 million shares.

It was followed by Saigon Thuong Tin Commercial Bank or Sacombank (STB) with 3.36 million shares traded.

Vietnam Mechanization Electrification & Construction Joint Stock Company (MCG) came in third with 2.24 million shares.

Tan Tao Investment Industry Corporation (ITA) strengthened the daily maximum allowed limit of 5 percent to VND16,800.

Tan Binh Import – Export Joint Stock Company (TIX) increased the third day, gaining 4.96 percent to VND40,200.

Dong A Plastic Group Joint – Stock Company (DAG) emerged 4.94 percent to VND17,000.

Garment company Everpia VietNam Joint Stock Company (EVE) sank 4.98 percent to VND43,900.

South Logistics Joint Stock Company (STG) declined for two consecutive days, giving up 4.84 percent to VND23,600.

Ben Tre Forestry and Aquaproduct Import Export Joint Stock Company (FBT) shed 4.76 percent to VND10,000.

The smaller bourse in the north also performed well as the Hanoi’s HNX-Index rocketed 3.03 percent, or 3.38 points, to close at 114.81 points. Trading volume reached nearly 45 million shares worth VND903 billion.

Meanwhile, the UPCom-Index inched up 0.34 points to 41.79 points this morning. A total of 200,000 shares changed hands at a value of VND2.1 billion as of 11:15 am local time.

Source: SGGP

VN-Index mounts for second day

In Uncategorized on November 24, 2010 at 8:20 am

Movements of VN-Index on November 24. ( shares of 270 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange advanced the second day on November 24 with support from financial and banking stocks.

Vietnam’s benchmark VN-Index enhanced 0.85 percent, or 3.67 points, to finish at 434.48 points.

Trading volume slightly improved over the previous session. Around 30.9 million shares worth VND604.28 billion changed hands.

Among the index members, 110 increased, 86 retreated, while 79 were unchanged.

Vietnam Electricity Construction Joint Stock Corporation (VNE) was the most active share in volume with 1.72 million shares changing hands.

Saigon Thuong Tin Commercial Bank or Sacombank (STB) dropped to the second rank with 1.64 million shares.

Gemadept Corporation (GMD) followed with 984,160 shares traded.

Foreign Trade Development and Investment Corporation of Ho Chi Minh City (FDC) and Van Phat Hung Corporation (VPH) both jumped the daily maximum allowed limit of 5 percent to VND23,100 and VND21,000 respectively.

Investment Commerce Fisheries Corporation (ICF) and Seafood Joint Stock Company No4 (TS4) grew 4.94 percent to VND8,500 and VND17,000 respectively.

Thien Nam Trading Import Export Corporation (TNA) built up 4.92 percent to VND25,600.

Saigon Telecommunication & Technologies Corporation (SGT) eliminated 5 percent to trade at VND22,800.

Construction company Long Hau Corporation (LHG) subsided 4.94 percent to VND44,300.

Shipping company Gemadept Corporation (GMD) shrank 4.9 percent to VND27,200.

Meanwhile, the smaller bourse in the north made a contrast move. The Hanoi’s HNX-Index dipped 0.03 percent, or 0.03 points, to close at 99.02 points. Trading volume reached more than 30 million shares, an approximately VND513.59 billion.

The UPCoM-Index cut 0.3 points to 40.19 points. Around VND1.58 billion were spent on 146,375 shares on the trading floor of unlisted shares this morning.

Source: SGGP

29 miners believed dead after second NZealand blast

In Uncategorized on November 24, 2010 at 6:19 am

 All 29 men missing in a New Zealand mine were presumed dead Wednesday after a “horrific” second blast tore through the colliery, plunging the country into mourning.

Police said there was now no chance of finding anyone alive, confirming the country’s worst mining accident in nearly a century and prompting anguished scenes as distraught relatives wept, shouted and collapsed to the floor.

“There was another explosion at the mine. It was extremely severe,” superintendent Gary Knowles told reporters.

“Based on expert evidence I have been given… it is our belief that no one has survived and everyone has perished.”

The entrance to the Pike River Coal mine in New Zealand.

Knowles said the explosion, whose cause was unknown, ripped through the Pike River coal mine at 2:37 pm (0137 GMT) on Wednesday, five days after the initial blast trapped the 29 men including two Australians and two Britons.

The victims of the blasts ranged from a 17-year-old on his first shift to a 62-year-old veteran.

High levels of toxic and combustible gases had stopped rescuers entering the mine in a remote area of New Zealand’s South Island.

“I was at the mine myself when this actually occurred and the blast was horrific, just as severe as the first blast and we’re currently now moving into recovery phase,” Knowles said.

District mayor Tony Kokshoorn said the incident was the “darkest hour” of New Zealand’s rugged West Coast region, a centre of the country’s burgeoning mining industry based on exports to Asia.

“It’s unbelievable. This is the West Coast’s darkest hour. It doesn’t get worse than this,” Kokshoorn said.

He added that grief-stricken families, who have suffered an agonising five-day wait for a rescue that never came, were angry that the dangerous gases had been allowed to build up again.

“They don’t know what to do. They just sobbed openly, just fell to the floor. There were people just shouting out, anger,” Kokshoorn said.

“The cause was the build-up over the last five days of the gases again and they noticed this this morning. A lethal mixture ignited the entire mine,” he added.

Energy Minister Gerry Brownlee announced a series of inquiries aimed at finding out the cause of the mine disaster and preventing any repeat.

New Zealand lost 19 miners in 1967 but the last accident on this scale was in 1914, when 43 died in a gas explosion at a mine in Huntly on New Zealand’s North Island.

Stop-start rescue efforts had earlier inched forward when a bore hole into the mine finally broke through, revealing a toxic cocktail of dangerous gases with little oxygen.

A remote-controlled robot — the second such device after an earlier one broke down — also travelled about a kilometre (half-a-mile) into the mine and found the helmet of one of the only two survivors, with its headlight still lit.

Source: SGGP

Time to find a second Earth, WWF says

In Uncategorized on October 14, 2010 at 2:26 pm

PARIS (AFP) – Carbon pollution and over-use of Earth’s natural resources have become so critical that, on current trends, we will need a second planet to meet our needs by 2030, the WWF said Wednesday.

In 2007, Earth’s 6.8 billion humans were living 50 percent beyond the planet’s threshold of sustainability, according to its report, issued ahead of a UN biodiversity conference.

(AFP file) Beijing during a sandstorm in March 2010

“Even with modest UN projections for population growth, consumption and climate change, by 2030 humanity will need the capacity of two Earths to absorb CO2 waste and keep up with natural resource consumption,” it warned.

If everyone used resources at the same rate per capita as the United States or the United Arab Emirates, four and a half planets would be needed, it said, highlighting the gap in “ecological footprint” between rich and poor.

The “Living Planet” report, the eighth in the series, is based on figures for 2007, the latest year for which figures are available.

It pointed to 71 countries that were running down their sources of freshwater at a worrying, unsustainable rate.

Nearly two-thirds of these countries experience “moderate to severe” water stress.

“This has profound implications for ecosystem health, food production and human wellbeing, and is likely to be exacerbated by climate change,” WWF said.

Signatories to the UN’s Convention on Biological Diversity (CBD) are to meet in Nagoya, Japan, from October 18-29 to discuss ways of addressing Earth’s dramatic loss of species.

The UN named 2010 as the International Year of Biodiversity. Under Target 7b of the Millennium Development Goals, UN members pledged to achieve by 2010 “a significant reduction” in the rate of wildlife loss.

Biologists say many species, especially mammals, birds and amphibians, are in headlong decline, their numbers ravaged by habitat loss, hunting or the likely impact of climate change.

Source: SGGP

Institute of Mathematics receives second class Independence Order

In Uncategorized on October 13, 2010 at 3:50 am

Institute of Mathematics receives second class Independence Order

QĐND – Tuesday, October 12, 2010, 20:45 (GMT+7)

The Institute of Mathematics held a ceremony in Hanoi on October 12 to mark the 40th anniversary of its establishment and receive the second class Independence Order from the State President.

Addressing the ceremony, Minister of Education and Training Pham Vu Luan highlighted achievements made by the institute in recent times. He affirmed that mathematics has played an important role in the development of science and technology and has had a direct impact on socio-economic development, especially in this era of an intellectual economy.

Mr Luan also expressed hope that the Institute will hold many activities in the future to contribute to the establishment of a higher institute of mathematics. He emphasized that the Institute should train an excellent national team to prepare for the International Mathematics Olympics as well as create policies to attract talents young scientists to devote their brainpower to mathematics.

The institute of mathematics was one of the first agencies to train PHD holders beginning in 1980 and has been training masters since 1995. From 2000 until now, the Institute has trained more than 70 PHDs and 250 masters in mathematics.

Many scientists at the Institute have become leading national experts while others have been awarded international prizes including Professor Hoang Tuy, Ha Huy Khoai, Nguyen Khoa Son, and Ngo Viet Trung. Most notably, Professor Ngo Bao Chau has recently awarded the Fields Medal – the world’s most prestigious prize for mathematicians under the age of 40.

Source: VOV

Source: QDND

Japanese-born giant panda has second pair of twins

In Uncategorized on August 14, 2010 at 7:23 am

TOKYO, Aug 12, 2010 (AFP) – A giant panda born and raised in western Japan has given birth to two cubs, her second twin delivery, a zoo official said Thursday.

Nine-year-old Rauhin gave birth to a female and a male cub Wednesday morning at the zoo in western Wakayama prefecture — where she has spent her whole life — after mating naturally with a panda brought from China.

In a picture released by Japanese animal theme park Adventure World and received through Jiji Press on August 12, 2010 shows the twin babies of the giant panda. AFP

Rauhin was the first Japanese-born panda to breed when she gave birth to twin cubs in 2008.

Her caretakers at the zoo conducted artificial insemination to improve Rauhin’s chances of breeding two years ago, but the new babies were born as the result of natural mating with the Chinese male panda, the zoo said.

“The two pandas go together very well,” Tadashi Ishikawa, a spokesman for Adventure World, told AFP.

“Giant pandas usually have a mating season only about three days a year, which makes it very difficult for them to breed,” he said.

“But the environment here seems to be good for our pandas.”

Captive giant pandas are known for their low sex drive, which is exacerbating falling numbers as their natural habitat in southwestern China is encroached on by development.

There are currently 10 giant pandas in Japan, eight of which are at Adventure World, but they all belong to China including Japanese-born Rauhin.

China is to send another pair to Tokyo’s Ueno Zoo for a giant price tag of almost a million dollars a year, to be paid for the next decade.

The money will be spent on wild animal protection in China.

An extension of the lease can be negotiated, and the Tokyo zoo can keep babies born to the pair for the first two years, although China retains their ownership.

Ling Ling, the last panda owned by Japan, died of heart failure in 2008 at the age of 22 — the equivalent of 70 human years.

Source: SGGP

Germany posts record growth in second quarter

In Uncategorized on August 13, 2010 at 11:22 am

FRANKFURT (AFP) – Germany posted its best quarterly growth since reunification in 1990 on Friday, with one economist saying it was “in a league of its own” as other leading nations showed signs of slowing down.

The German economy, Europe’s biggest, thundered ahead at a rate of 2.2 percent in the second quarter from the previous three-month period, and 4.1 percent from the second quarter of 2009, the national statistics office said.

(AFP file) Construction cranes work in Berlin, 2007.

“The recovery of the German economy, which lost momentum at the turn of 2009/2010, is really back on track,” the Destatis office said. “Such quarter-on-quarter growth has never been recorded before in reunified Germany.”

Elsewhere, major economies in North America and Asia are showing signs of slowing down while the 16-nation eurozone might see better than expected figures in the third quarter too.

ING senior economist Carsten Brzeski said Germany was “playing in a league of its own.”

Destatis also revised the first quarter growth figure higher to 0.5 percent from an initial estimation of 0.2 percent, the rate seen at the end of 2009.

After suffering its worst post-war recession in 2009, “we are now experiencing XL growth,” Economy Minister Rainer Bruederle said.

Analysts polled by Dow Jones Newswires had forecast a second-quarter rise of 1.4 percent and an annualised gain of 2.6 percent.

The record figure is especially notable as fears grow that the United States and now China, the Asian powerhouse, are showing distinct signs of slowing, raising questions about the overall global recovery.

But while Germany normally relies on exports to underpin growth — it is the second biggest exporter worldwide after China — “household and government final consumption expenditure contributed to GDP growth, too,” Destatis said.

“Structurally in a much better shape than many other industrialized countries, it was just a matter of time before the German economy would pick up further speed,” Brzeski said.

UniCredit counterpart Alexander Koch said Germany had “put the pedal to the metal” in the second quarter, and added that “the massive rebound in the spring GDP figures impressively confirms the revival of the German business model.”

Barclays Capital senior economist Julian Callow said the latest figures put Germany “on track to grow around three percent or even slightly more for this calendar year, significantly stronger than our prior estimate.”

For the full eurozone, European Central Bank president Jean-Claude Trichet said last week: “We consider that both the second quarter and probably the third quarter are likely to be better than we had anticipated.”

Source: SGGP

Kagan confirmed as Obama’s second Supreme Court justice

In Uncategorized on August 6, 2010 at 11:20 am

WASHINGTON, Aug 6, 2010 (AFP) – Elena Kagan has become only the fourth woman to win confirmation as Supreme Court justice, giving Democrats a welcome election year boost. But the court’s conservative make-up is unlikely to change.

Senators voted 63-37 Thursday to confirm Kagan as one of the nine justices who act as final arbiters of the US Constitution, set precedent for lower courts, and decide the nation’s toughest moral and legal dilemmas.

Five Republicans broke ranks to back the 50-year-old former Harvard Law School dean, and just one Democrat, Senator Ben Nelson of Nebraska, voted against her.

She will be sworn in on Saturday by Chief Justice John Roberts, but will not be formally seated until October 1 for the court’s fall session.

Though never seriously in doubt, her confirmation to the lifetime post gave President Barack Obama and his Democratic allies a much-needed victory before November mid-term elections in which they are expected to suffer heavy losses.

Thanking the Senate, Obama said he was “confident that Elena Kagan will make an outstanding Supreme Court Justice.”

The confirmation brought to two the number of justices named by the president — after the court’s first Hispanic justice, Sonia Sotomayor — and the total number of women on the high bench to three for the first time ever.

Kagan’s “legal qualifications are unassailable. She earned her place at the top of the legal profession,” said Senator Patrick Leahy, chairman of the Senate Judiciary Committee.

“Her qualifications, intelligence, temperament and judgment will make her a worthy successor to Justice John Paul Stevens,” he said, referring to the retiring leader of the court’s liberal bloc.

But Kagan was not expected to tip the overall ideological balance of the court, which many observers have described as the most conservative in decades.

Nominating US Supreme Court justices ranks among the most consequential powers of the US presidency, as a judge’s lifetime tenure typically stretches well beyond the influence of the temporary occupant of the White House.

Some of their most controversial decisions have included the 1973 Roe v. Wade ruling that legalized abortion in the United States and the Bush v. Gore case that handed the disputed 2000 presidential election to George W. Bush.

And some of the toughest rulings have come in 5-4 decisions that can take a generation to reverse.

The 50-year-old Kagan, who as US solicitor general has argued the Obama administration’s case before the high court, will be the youngest justice.

Democrats pointed to her decades of legal work, including in her current position as US solicitor general and her time as the first woman dean of Harvard Law School.

Her critics said they feared she would be unable to keep her personal politics separate from her judging and painted her as a foe of gun ownership and of restrictions on abortion.

“I’m not quite sure how I would characterize my politics, but one thing I do know is that my politics would be, must be, have to be, completely separate from my judging,” Kagan told the Senate Judiciary Committee during her confirmation hearings.

She drew laughs from the packed committee room by saying some high court arguments “will put you to sleep,” that judges sometimes have to act because lawmakers “make a mistake, they’re careless, whatever,” and diplomatically declining invitations to criticize her potential future colleagues.

She also backed expansive “war on terrorism” government powers, saying she favored military tribunals for some suspected terrorists, in line with Obama’s policies.

Despite looming November elections to decide control of the US Congress, opposition to Kagan becoming the court’s 112th justice was relatively tepid.

Kagan drew the American Bar Association’s highest rating of “unanimously well qualified,” and her nomination had the support of past solicitors general, including many Republicans.

She carefully avoided criticizing current members of the court despite being invited to do so during her confirmation hearings.

“I would not want to characterize the current court in any way,” she said. “I hope one day to join it.”

Source: SGGP

S.Korea holds second day of major anti-submarine drill

In Uncategorized on August 6, 2010 at 7:20 am

SEOUL, Aug 6, 2010 (AFP) – A major South Korean naval exercise designed to strengthen defences went into a second day Friday.

The exercise is one of a series planned in coming months in response to what the South says was a North Korean torpedo attack on a warship.

This photo taken on August 5, 2010 shows South Korean Marines carrying inflatable boats during a military exercise in Baengnyeong Island near the disputed Yellow Sea border between the two Koreas. AFP

The South has mobilised 4,500 troops, backed by 29 ships and 50 aircraft, for its five-day drill in the Yellow Sea.

This week’s manoeuvres do not include US forces. Last week South Korea and the United States staged a massive joint naval and air drill in the Sea of Japan (East Sea) as a show of force.

Service personnel will practise attacks on intruding craft and defences against submarines on Friday, the Joint Chiefs of Staff (JCS) said, along with a drill to repel attacks on coastline batteries and commando raids.

Pyongyang has angrily denied responsibility for the March sinking of the corvette near the disputed inter-Korean border in the Yellow Sea. The incident killed 46 sailors and sharply raised tensions.

The North Thursday termed this week’s drill a deliberate provocation and threatened “the most powerful” retaliation if the South triggers a conflict during the exercise.

“Our people and military will mercilessly crush the provokers and their stronghold with the most powerful war tactics and strike means beyond imagination if they ever dare to set a fire,” said a statement from a state body called the Committee for Peaceful Reunification of the Fatherland.

But as of Friday morning no unusual movements by the North had been detected, a JCS spokesman told AFP.

A multinational investigation concluded in May that a North Korean submarine had torpedoed the warship.

Washington has announced new sanctions on the North to punish it for the alleged attack and to push it to scrap its nuclear weapons programme.

But the Obama administration on Thursday stopped short of putting Pyongyang back on a blacklist of countries supporting terrorism, despite pressure from lawmakers to do so.

Then-US president George W. Bush de-listed North Korea in 2008 after it vowed to end its nuclear programme, agreed to inspections by the International Atomic Energy Agency and pledged to disable its nuclear plants.

Source: SGGP

Quake strikes Iran for second day: reports

In Uncategorized on August 1, 2010 at 3:19 pm

TEHRAN, July 31, 2010 (AFP) – A 5.8 magnitude earthquake struck southern Iran on Saturday, reports said without providing details on any casualties, a day after a weaker quake injured over 270 people in the country’s northeast.

The latest temblor rattled the southern province of Kerman at 11:22 am (0652 GMT), the website of state television reported, citing the geophysics department of Tehran university.

It disrupted communications, but there were no immediate reports of casualties.

Fars news agency said the epicentre was in the town of Negar in southwest Kerman. It also said there were no immediate reports of casualties, and added the area where the quake struck was rural.

On Friday, a 5.7 magnitude quake rattled northeastern Khorasan Razavi province, leaving at least 274 people injured, ILNA news agency reported, adding only 12 victims were hospitalised.

Iran, including the capital Tehran, sits astride several major fault lines in the earth’s crust, and is prone to frequent earthquakes, many of which have been devastating.

The worst in recent times, of magnitude 6.3, hit the southern city of Bam in December 2003, killing 31,000 people — about a quarter of its population — and destroying the city’s ancient mud-built citadel.

Source: SGGP