11 Japanese Stocks Have Been Chosen For Long Term Investment By Mitsubishi UFJ Morgan Stanley Analysts

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Mitsubishi UFJ Morgan Stanley Securities Co., chose Japanese stocks that it predicts will profit in the medium term to long term.
This list includes:

The camera manufacturer Canon Inc., which jumped 26 % in the last six months of 2010; Fanuc Ltd., Japan’s biggest industrial robot manufacturer that advanced 45 % 2010; Dentsu Inc., Japan’s largest advertising company that declared its non-consolidated net sales for December grew by 6.3 % from 2009 to today; Mitsubishi Chemical Holdings Corp., a chemical products manufacturer grew by 40 % last year.

Also on the list are: Denso Corp., an automobile parts manufacturer; Daiwa House Industry Co., a home-building company; FamilyMart Co., which operates a convenience-store chain; Rinnai Corp., which manufactures gas appliances; Asics Corp., which manufactures sporting goods; Nichicon Corp. which manufactures capacitors ; and Nippon Shinyaku Co., a health food and pharmaceuticals maker.

The chief equity strategist for brokerage, Chisato Haganuma, wrote “To invest selectively by looking at medium- and long-term profit for companies is key to increase return on investment in the next few years.”

Korean Shares Fall During Euro Fears

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KOSPISeoul Stocks declined yesterday after Wall Street fell based on fears about European Government debts. Samsung and Hana Financial Group dropped and the Korea Composite Stock Price Index .KS11 (Kospi) fell 0.87 % to 2,062.73 points. Also, on Thursday, the Bank of Korea will review the interest rates. Meanwhile, the chemical industries are still doing well.

A market analyst at Woori Investment & Securities, Lawrence Kim, explained that “Investors have grown a bit cautious now amid growing fears about Portugal. The interest rate decision by Bank of Korea scheduled later this week is also awaited.” Portugal received a temporary breather when the European Central Bank bought up Portugal’s bonds. Meanwhile, market pressure mounted for Lisbon to find an international bailout quickly.

CG Foods Is Looking For Acquisitions In India And Also Plans To Invest Rs.100 Crore In Building Factories.

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Wai-Wai-Noodles1CG Foods, a division of the Cinnovation Group from Singapore, said it will invest Rs.100 crore over the next three years to enlarge its manufacturing capacity in India.

Nirvana Chaudhary, The managing director of CG Foods, said that ‘We plan to set up two new manufacturing plants in India this year and also expand the existing plants. By 2014, we will be investing Rs.100 core in India,’ CG Foods manufactures Wai Wai noodles which is a very popular brand. They plan to build a factory at Rudrapur in Uttarakhand, investing Rs.20 crore next month. At the end of 2011, they plan to build a second plant in Gujarat.

‘We are also looking for acquisition opportunities, especially to expand our business in southern and western parts of India,’ Chaudhary said. In addition, CG Foods is prepared to spend up to RS.1,000 Crore to strengthen its position in India, primarily through acquisitions.

Taiwan Senao To Open A Chain Of 3C Stores in Mainland China with China Unicom

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Taiwan Senaco and China Unicorn (Hong Kong) will construct and operate 22 Senao stores to sell communications equipment and devices in Mainland China. These stores will be constructed in the first three months of 2011 and will be located in three provinces according the president of Senao International.

In the future Senao plans to invite strategic and foreign investors to buy shares in the company. Presently, Senao’s main shareholder is Chunghwa Telecom co.

Pakistan shocked By Salman Taseers Assassination

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Salman Taseer was shot to Death yesterday, apparently by one of his own bodyguards. The suspected Killer explained that his employer was against the Muslim anti-blasphemy law. The law has become controversial since a non-muslim woman, who criticized Mohamed the Muslim prophet, was given the death penalty. Salman Taseer had appealed for her release, causing Muslim religious authorities to label him an apostate, whose punishment is death. A Muslim Holy man has promised a $6,000 bounty reward for whoever murders the women who spoke badly about Mohamed, thereby avenging the name of the prophet and Allah.

Salman Taseer was famous as a person who defended women’s rights and minorities thereby raising the ire of the clerics. The assassination underscores the tensions between the secular and the minorities on one side and the Muslim extremists on the other. This secular religious tension is constantly under the surface and is a destabilizing factor in Pakistan.

New Railway Development Plan Costing $106 Billion Spurs China CSR and CNR in Shanghai

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Chinese-trainDue to the government’s announcement that China will invest 700 Yuan ($106 Billion) in the railroads in 2011, the stocks of China’s two biggest train manufacturers, CSR Corp. and China CNR Corp., shot up in trading on the Shanghai market.

In China there is a trading limit that stocks can only go up by ten percent per day. China CNR reached its ten percent limit and CSR rose 9.8 percent after the Govenment announcement. According to Railway Minister Liu Zhijun, this investment decision is part of China’s plan to expand it railways from 91,000 Kilometers to 120,000 in 5 years. 1.68 billion passengers traveled on the railways in 2011 and freight transports rose to 3.63 billion tons which is 9.3 percent increase. Improving railways will also reduce air pollution and traffic.

In addition, a Shanghai-Beijing high-speed train line will be starting up in June of 2011 at a cost of 220.9 Billion Yuan.

Qualcomm to Invest $1 Billion in Taiwan Display Plant

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MirasolTaiwan’s Ministry of Economic affairs announced that Qualcomm, Inc. has decided to invest $1Billion in 2011 to build a plant in Taiwan. The factory will manufacture computer screens using the Mirasol technology. There were very few details given and by Qualcomm’s representative, Mr. Adrian Fu was unavailable for questions.

These displays are excellent for electronic book readers, due to their low power usage. The total market for Marisol type displays is approximately annual sales of $11 Billion, according to Qualcomm Chairman and CEO, Paul Jacobs.

Royal Bank of Scotland Merges with Faysal Bank Limited

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Faysal Bank Limited has merged with the Pakistani division of the Royal Bank of Scotland limited.

Faysal Bank issued a press release stating that “This merger has been completed in record time, within three months of acquiring controlling interest.” In addition, all RBS branches in Pakistan are now being marketed under the Faysal Bank label.

Faysal Bank now has a network of more than 200 branches throughout the country. Its new asset base is more than Rs250 billion. Naved A Khan, the president of Faysal Bank noted that “This merger results in greater career and development opportunities for employees.”

Ithmaar Bank BSC, a retail-oriented Islamic bank, headquartered in Bahrain is the majority shareholder of Faysal Bank.

Domestic Vietnamese Companies Invested $900 Million Overseas This Year

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VietnamOf pledged investments of approximately $2.93 billion by Vietnamese companies, approximately $900 million have been invested in projects overseas. In 2010, private and state owned companies have invested in 25 countries in 107 projects according to the Ministry of Planning and Investment.

The Ministry of Planning and Investment reported that Vietnamese companies’ investments of $900 million was invested as follows: $700 million was invested in oil exploration and extraction projects, $53 million was invested in the retail trade, $70 million went into agriculture projects, $25 million was invested in energy, and $33 million was invested into telecommunications. Most of these investments have not brought any income into Vietnam because they are still in the beginning stages.

South Korea Interested In Producing Stealth Jets

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South Korea is investigating the possibility of adding stealth jet fighters into its arsenal. They will develop and manufacture as much of their own technology as they are able. The planes should roll off the production lines by 2015.

North Korea’s murderous artillery barrage of Yeonpyeong Island in November has encouraged officials in Seoul to approve developing technology for stealth aircraft.

The possession of stealth aircraft would enable South Korea to develop the military aviation technology of the western nations. The South will also be able to exert psychological pressure on North Korea because stealth technology with enable the South to launch surprise air attacks which North Korea cannot detect via radar.