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It's The World’s Hottest Market – And it Isn’t China

Fri, 23 Oct 2009 14:10:00 GMT

Which global economy grew at an annual rate of 11% in the second quarter, and will report a second-consecutive double-digit advance when it reports on Monday?[More...]

Stem Cell Index Soars on Lift of Funding Ban

Tue, 10 Mar 2009 01:50:00 GMT

The accompanying table includes statistics for the 40 companies in the ETF Innovators Global Stem Cell and Regenerative Medicine Index, which is down 14.2% at a value of 3,387[More...]

Six Ways to Capitalize on Korea’s Growing Global Muscle

Wed, 11 Jun 2008 16:03:32 GMT

By Martin Hutchinson Contributing Editor With key countries in the world economy spiraling toward recession, and even India and China panicking about domestic inflation levels, there’s one...[More...]

Analyst Comments: iPass, Cytori Therapeutics, KT Corp., RH Donnelly, Osiris Therapeutics

Mon, 12 May 2008 15:20:05 GMT

iPass Inc. (IPAS) has been gaining traction on subscription-based initiatives and broadband has grown to comprise the bulk of access revenue. Although we believe iPass will be able to generate strong broadband revenue growth, until the company is able to[More...]

With New Leadership And a Tougher Stance, it’s Time For Investors to Take a Look at Korea

Thu, 17 Apr 2008 15:30:54 GMT

By Martin Hutchinson Contributing Editor Amid all the gloom investors are feeling right now, South Korea has produced some sunny rays. On April 9, the Asian Tiger suggested that its economy...Money Morning is here to help investors profit handsomely on this seismic shift in the global economy. Money moves markets. But Money Morning lets you move first. [More...]

Analyst Comments: Myriad Genetics, KT Corporation, Magellan Midstream, Hershey, Equifax

Thu, 07 Feb 2008 14:19:36 GMT

Myriad Genetics, Inc. (MYGN), is a biopharmaceutical company that focuses on the development of diagnostic and therapeutic products. The company employs a variety of proprietary proteomic technologies to identify genes, their relative proteins, and their[More...]

KTC Sees Personal Loan Approvals Rising

Fri, 16 Oct 2009 21:49:00 GMT

Oct. 16--Krungthai Card Plc (KTC), the country's largest card issuer, expects its approval rate of personal loans might return to its normal 35 percent of applications in the fourth quarter with an improving economy and its tighter lending criteria.
Sudaporn Janwatanagool, executive vice-president for the personal loan business, said approvals had dropped to 15 percent-20 percent in the second quarter this year from 30-35 percent in normal economic times.
The rate improved in the third quarter to 25 percent on signs of economic recovery.

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Upturn Spurs Growth in Personal Loans: KTC, KBank Shift Back into Market

Tue, 06 Oct 2009 20:50:00 GMT

Oct. 6--Financial institutions are once again promoting unsecured loans on the back of the improving economy and higher consumer spending.
Krung Thai Card Plc has resumed activities in the personal loan market after reducing its business in the sector for a year mainly due to higher risks posed by the recession, said senior executive vice-president Thawatchai Thitisakdiskul.
Bank of Thailand regulations cap the maximum charge at 28 percent per year.

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Shareholders Block KTC Rights Issue

Fri, 01 May 2009 21:51:00 GMT

May 1--Shareholders of the consumer finance firm Krungthai Card rejected a proposal to raise 7.73 billion baht in new capital.
KTC president Niwatt Chittalarn said 31 percent of shareholders attending yesterday's shareholders' meeting rejected the rights issue, which was over the 25 percent threshhold set under the law.
The subscription price was set at 10 baht per share.

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KTC to Raise B7.7bn to Reduce Debt Ratio, Improve Creditors' Confidence

Fri, 20 Mar 2009 04:49:00 GMT

Mar. 20--Krungthai Card Plc (KTC) plans to raise 7.74 billion baht in new funds to pay debts in order to reduce its debt to equity ratio and establish confidence among creditors, says the company's president and CEO, Niwatt Chittalarn.
The KTC board of directors approved a management plan to reducing registered capital from 2.58 billion baht to 2.57 billion baht yesterday by cancelling its existing registered unsold shares.
Mr Niwatt said that if shareholders subscribed to all the new shares, the company's debt-to-equity ratio would decline to 2.5 times from 7.4 times currently.

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Viva Offers 'Vanity Numbers' for Free

Tue, 04 Nov 2008 18:50:00 GMT

Nov. 4--KUWAIT -- Do you want a personalized number, or in Viva terms; a vanity number?
You can actually get it by visiting Viva's website on www.viva.com.kw or by simply reserving it at Viva's hotline; 55-102102.
Yesterday, Viva-Kuwait Telecom Company (KTC), the third mobile company to enter the telecommunications market in Kuwait officially launched a 'booking campaign' to kick-start their commercial operations in Kuwait.

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Credit Card Issuers Hope for Fourth-Quarter Upturn

Thu, 30 Oct 2008 19:49:00 GMT

Oct. 30--Credit card issuers are hopeful of a pickup in activity in the fourth quarter, despite signs of spending cutbacks due to the global economic crisis.
Political uncertainties and the poor economic outlook have already hurt the market in the first half of the year.
According to the Bank of Thailand, 12.5 million credit cards with outstanding loans of 179.7 billion baht were recorded as of August.

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VIVA, Third Telecom Company Begins Commercial Operations

Thu, 18 Sep 2008 18:49:00 GMT

Sep. 18--KUWAIT -- Representing transparency and commitment to customers, Kuwait Telecom Company (KTC), the third company to enter Kuwait's telecommunications market on Tuesday unveiled its newest commercial brand, VIVA, which it said is set to conquer the Kuwaiti market.
Viva, a word used to express acclamation, salute, or applause, (which, in Italian and Spanish, means 'Long live'), but for KTC, Viva stands for great life, innovation, dynamism, flexibility, comprehensibility and an easier life.
VIVA is now operational and subscription can be acquired anywhere in Kuwait.

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Kuwait Telecom Reveals Its New Brand VIVA

Wed, 17 Sep 2008 19:46:00 GMT

Sep. 17--Kuwait Telecom Company (KTC) has inaugurated its commercial brand, Viva, which represents transparency and commitment towards clients.
This was announced at a press conference held recently by Saudi Telecom Company (STC) CEO Saud Bin Majed Al-Duwaish and VIVA CEO Najeeb Al-Awadi .
He said we are ready today to launch VIVA, which we trust will add a new meaningful value to the telecom market in Kuwait through diversified outstanding services.

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The Emerging Markets Telecommunications Fund, Inc. Announces Performance Data and Portfolio Composition

Wed, 02 Sep 2009 19:47:00 GMT

PHILADELPHIA, Sept. 2 /PRNewswire-FirstCall/ -- The Emerging Markets Telecommunications Fund, Inc. (the "Fund") (NYSE AMEX: ETF), a closed-end equity fund, announced today its performance data and portfolio composition as of July 31, 2009.
(All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable.

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GSMA, KT and SK Telecom Put Spotlight on Korean Mobile Industry

Mon, 15 Jun 2009 23:54:00 GMT

LONDON, and SEOUL, South Korea, June 15 /PRNewswire/ -- The GSMA, which represents the interests of the worldwide mobile communications industry, yesterday held its most recent Board meeting in Seoul, South Korea.
The meeting was jointly hosted by Korean mobile operators KT and SK Telecom and attended by executives of the 25 of world's leading mobile operators.
SK Telecom and KT are extremely active and visible in the GSMA, having served on the Board since 2008 and 2003, respectively.

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SK Broadband's Broad&Fone Service Powered By TranSwitch's Atlanta Communications Processor

Fri, 27 Mar 2009 20:57:00 GMT

Corporation (NASDAQ: TXCC), a leading provider of semiconductor solutions for the converging voice, data and video network, today announced the deployment of its Atlanta communications processor in SK Broadband's roll-out of its Broad&Fone Voice over IP (VoIP) service throughout South Korea.
SK Broadband (Formerly Hanaro Telecom) is the fastest growing Broadband service provider in South Korea, serving approximately four million broadband subscribers.
The IF-100 VoIP-DECT phone is manufactured for SK-Telesys by INBRICS (formerly Navons).

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