ASIANET: Daily Summary on Wednesday, May 16, 2001

Thursday 17 May 2001 06:46
May 16/PRNewswire-AsiaNet
U.S ECONOMIC OUTLOOK NEGATIVE...
HONG KONG: Dresdner RCM Global Investors Asia today speculated that an economic slump will consume most of 2001, with an upswing anticipated in 2002, delivering the news in its quarterly Hong Kong retirement fund briefing.
JAPAN TAKES WHALE CRITICS TO TASK...
TOKYO: Japan's IWC Commissioner, Mr Masayuki Komatsu, today rebutted international criticism of the country's whale research program, stating that "political interference" and "emotionally-based criticism" would only pander to the agendas of select extremist environmental groups, whereas scientific criteria should be valued.
HEIDELBERGER SALES HEALTHY...
HEIDELBERG: Print media manufacturers, Heidelberger Druckmaschinen AG, today reported a 15 per cent rise in sales and a corresponding 18 per cent blanket divisional growth in orders.
.BIZ GETS GREEN LIGHT...
STERLING: .biz, the first generic domain name tailored exclusively to the global business community, was has been accredited by the Internet Corporation for Assigned Names and Numbers (ICANN), NeuLevel Inc, the third-party global registry services provider said today.
GLOBAL EXECS TALK STRATEGY...
HONG KONG: e-Business Integrator, Ion Global, today inaugurated its Global Leadership Council - a network of seven leaders conscripted to direct company strategy and to "leverage its world-class depth of management across operations in ten countries."
DOMAIN NAME SEIZES HIGHEST PRICE EVER...
LOS ANGELES: Global provider of web identity services, the .tv corporation, today said that the highest price on record - $US 500, 000 - had been achieved for the two-year registration of online pharmacy, drugstore.tv.
TAIWAN PUBLISHERS SPEARHEAD CHINESE MEDIA PLATFORM...
HONG KONG: TOM.COM Ltd and PC Home Publication Group Ltd today said they would collaborate in a deal that sees TOM.COM taking equity in a new company, Newco, that will develop an extensive Chinese media platform from the PC Home's established book and magazine publishing distribution businesses.
EXIDE BATTERIES TO CHARGE ELECTRIC CARS...
BANGALORE: Exide Technologies, the electrical energy solutions provider, has scored a $US 10-million deal to exclusively supply sole lead-acid batteries to REVA, the electric car producers in Bangalore, India.
MOBILE CUSTOMERS GET NATURAL LANGUAGE ACCESS...
DALLAS: E-Plus, the German mobile operator, today said it would pioneer the deployment of the Omvia product line from iVB Network Solutions to offer its customers' "natural" language access to its information services.
HUMAN RESOURCES CONFERENCE...
NEW YORK: Global human resources experts will meet in Hong Kong next month to address how corporations can best engage their employees at the Conference Board's 2001 Asia-Pacific Human Resources Conference from June 14-15.
BOM SERVICE EXPANDS...
SINGAPORE: Bank of America today said the expanded reach of its global advice via its branded website would enhance the service it delivers to international clients.
NEW IIJ RECOVERY SERVICE...
TOKYO: Internet Initiative Japan today formally launched Back4U - an online backup and recovery service provided for its subscribers.
EXECUTIVE APPOINTMENTS:
BROOMFIELD: McData Corporation, the open storage network solutions provider, has appointed Linda Dill to the post of vice president, investor relations, the company said today.
CARLSBAD: Callaway Golf Company today announced the appointment of Ronald A Drapeau to the post of president and ceo, following a previous stint as senior executive vice president, manufacturing.
CHICAGO: Tenneco Automotive today jointly announced the retirement of its executive vp and managing director of European operations, Richard J Sloan, and the appointment of present senior vp and managing director, Hari N Nair, 41, to the post.
(AsiaNet is a consortium of leading news agencies distributing unedited, translated press releases for worldwide clients. Contact: www.asianet.com.au for full-text versions).