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  • FLNGs: Warning signals coming out of Australia

    The operators (GDF Suez SA and Santos) of the Bonaparte (Australia) offshore gas development project have decided to scrap previous plans to use a floating production vessel. Amidst weak new order ...

    2014-06-26 17:10
  • Global nuclear industry continues to recover

    The French government recently held a press conference pertaining to the proposed French Energy Transition legislation, souring some observers towards the global nuclear power industry. But, citing...

    2014-06-26 17:05
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    Samsung Electronics Tops in Terms of Smartphone Patents

    Samsung Electronics turned out to have the largest number of patents in the smartphone area. The company also led the list in terms of the number of patent applications in the areas of semiconducto...

    2014-06-24 12:30
  • Steel-Baosteel freezes July product prices

    Despite the weakening of Chinese steel distribution prices, Baosteel froze its July ex-works prices on sound orders. Of note, steel distribution prices are to remain stagnant up until the third qua...

    2014-06-13 18:03
  • Solar Energy Industry-US-China trade conflict: war without a winner

    The US Department of Commerce released preliminary anti-subsidy tariff, higher than estimates. While China’s export to the US should fall over the near-term, China’s domestic demand is likely to ex...

    2014-06-13 17:58
  • Auto sales continue to expand in China

    In May, Chinese auto sales rose 18.1% y-y to 1.41mn units, defied consensus. HMC sales increased 12.3% y-y, KIA sales climbed 10.5% y-y Amid an overall drop in sales at local automakers, we believe...

    2014-06-13 17:55
  • [IMK] Right on track

    Right on track We believe that IMK is on a solid earnings growth track, noting that: 1) the benefits of its acquisition of Allen Care should be in full effect from 2Q14; and 2) the firm is enjoy...

    2014-06-11 17:04
  • DGBFG-2Q14 results to miss consensus only slightly

    Net profit (excl. minority interests) should grow 37% q-q to W73.8bn in 2Q14 and the growth should continue through 3Q14. Sound growth and margin continued in 2Q14 following 1Q14 x Positive gro...

    2014-06-11 16:50
  • Hyundai Steel– 2Q14 earnings to outperform the market consensus

    Both sales volume and sales are likely to record historical high in 2Q14. Operating profit is likely to increase by 30.6%(q-q), outperforming the market consensus by 8.7%. We stand by Hyundai Steel...

    2014-06-11 16:48
  • [HHIC]Amid delayed asset disposal, share issuance aimed at easing liquidity and debt issues

    Amid delayed asset disposal, share issuance aimed at easing liquidity and debt issues Due to delayed asset disposals, HHIC has decided to increase its capital by issuing new shares-a move directed...

    2014-06-09 08:43
  • [Telecom]Competition within industry has always existed

    Competition within industry has always existed Concerns over: 1) competition; and 2) ARPU growth momentum (weakening due to LTE migration coming to an end) continue to impact investment sentiment ...

    2014-06-09 08:41
  • Non-life Insurance April review: a chapter of accidents

    April. However, direct premium for auto insurance continued to display sustainable growth. We forecast that auto loss ratio will improve going forward as non-life insurers’ recent commericial auto ...

    2014-06-02 16:56
  • Yield downtrend to continue after a short breather taking

    Given the attractive supply-demand conditions and the tepid economic recovery (slower than expected), we believe thatafter taking a short breatherthe yield downtrend will continue. As such, we ad...

    2014-06-02 16:53
  • [Doosan Infracore]Asia-based investors interested in expected excavator market recovery in China

    Asia-based investors interested in expected excavator market recovery in China Doosan Infracore’s margins should improve in 2014 on: 1) continued solid earnings at Bobcat; 2) a likely gradual sal...

    2014-06-02 16:51