Asia Japan stock Preview august 29 2011

Indonesia stock info - Asia Japan stock Preview august 29 2011 , Asian stock to watch 29-8-2011 ; The following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses and share prices are from the previous close, unless noted otherwise.

The following companies may have unusual price changes today in Asian trading, excluding Japan. Stock symbols are in parentheses and share prices are from the previous close, unless noted otherwise.

China Cosco Holdings Co. (1919 HK)
The nation’s largest operator of dry-bulk ships by market value has reached agreement with shipowners covering 18 vessels, General Manager Zhang Liang told reporters in Hong Kong. He didn’t elaborate. The Chinese shipping line has been in dispute with shipowners over unpaid charters. The shares dropped 1 percent to HK$4.14.

China Airlines Ltd. (2610) (2610 TT)
Taiwan’s biggest carrier reported first-half net loss of NT$661 million ($22.8 million), compared with a profit of NT$6.27 billion a year earlier, the company said in a statement to the Taiwan stock exchange. The shares added 0.3 percent to NT$15.80.

EVA Airways Corp. (2618) (2618 TT)
Taiwan’s second-biggest carrier reported first-half net income of NT$333 million compared with a profit of NT$5.22 billion a year earlier, the company said in a statement to the Taiwan stock exchange. Eva Airways declined 2.1 percent to NT$21.55.

Metcash Ltd. (MTS)
Australia’s largest grocery wholesaler hired Commonwealth Bank of Australia and Westpac Banking Corp. to help it arrange A$700 million ($734 million) of loans, said a person familiar with the matter. The banks have started marketing the debt to other lenders, the person said, asking not to be named as the details are private. Metcash dropped 1.7 percent to A$4.04.

Nan Ya Plastics Corp. (1303) (1303 TT)
Nan Ya reported first-half net income of NT$20 billion compared with NT$20.5 billion a year earlier, the company said in a statement to the Taiwan stock exchange. The shares rose 1.1 percent to NT$67.50.

Posco (005490) (005490 KS)
The world’s second-biggest maker of stainless steel will cut domestic prices by 100,000 won a metric ton in September to reflect lower prices of nickel, a key raw material, according to a statement. The stock fell 0.4 percent to 385,500 won.

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