Tokyo  Nikkei  9107.43  +0.23%
Seoul   KOSPI  1879.87  +4.83%
Shanghai SSEC  2608.17  -0.71%
Hong Kong HSI 20212.08  -0.24%
Singapore STI  2832.73  -1.45%
Mumbai    BSE 16730.94  -0.65%
Sydney   AORD  4317.30  -0.68% 
    
1. China FDI Jumps 20% on Year
The country attracted US$8.3 billion overseas investment last month. For the first 7 months of the year, China's foreign direct investmentrose 19%year-on-yearto US$69 billion.
 
2. Korea Electric Posts US$1B Net Loss
The quarterly loss widened from USR$780.2 million one year earlier. The S Korean power supplier suffered a loss for the 2nd straight quarter as it was only allowed to increase power prices lower than the cost increase.
 
3. JAL's Budget Carrier Aims for US$1.3B Sales
The newly formed Jetstar Japan will start operation by the end of 2012 and will aim to reach the sales target in a few years. Including Mitsubishi and Qantas, 3 parties will each own one-third of the venture. 
 
4. India Inflation Eases to 9.22%
The annual increase of July's wholesale-price index was down from 9.44% in June. The gain was still the highest among the BRICS nations. The jump was partly due to the impact of higher diesel and cooking gas cost.
 
5. China Stocks Drop for First Time in 5 Days
The Shanghai Composite index fell 18.60 to 2,608.17, halting a 4-day, 4% gain, as the market worried the country is failing to cool inflation. Hong Kong's Hang Seng Index lost 48.02 to close at 20,212.08.
 
6. Mitsubishi Starts Japan's First Datacenter Property Fund
Japan's largest trading company started the nation's first real estate fund that invests in datacenters, seeking to benefit from a US$17 billion market amid rising demand after the March earthquake.
 
7. Berjaya Land to Buy Penang Turf Club for US$154M
The Malaysian property developer agreed to purchase 57.3 acres of land. The company is planning a residential property project with an estimated gross development value of US$511 million.
 
8. Vietnam Sees 2011 Rice Output to Jump by 1.6M Tons
The government estimates the rice production to climb to 41.6 million tons this year. That figure leaves a surplus of 8 million tons of milled rice after domestic use.
 
9. S Korea Begins War Drills
The 11-day exercise came during a diplomatic push to restart the long-stalled North Korean nuclear disarmament talks. The drill identifies North Korea as a precursor to war. 
 
10. Indian Activist Detained ahead of Hunger Strike
A prominent anti-corruption activist was detained by police just hours before he was set to embark on a public hunger strike that may embarrass the Indian government.