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Internationals lead Asia at Lexus Cup

Internationals lead Asia at Lexus Cup SINGAPORE (AP) - Sweden's Annika Sorenstam and American teenager Paula Creamer had a five-birdie round Friday, leading the Internationals to a 4-2 lead over Asia after the hosts crumbled down the back nine on the first day of the women's Lexus Cup team tournament. The top two players on the U.S. LPGA money list had been two-down for most of the front nine in the fourball alternate shot match against South Koreans Jeong Jang and Meena Lee, until International captain Sorenstam made a seven-foot downhill putt to save par and eat into the lead. ''That just totally

Pearce Survives Wobbles At Asia Open

Pearce Survives Wobbles At Asia Open New Zealands Mahal Pearce has won a share of fifth place on the European Golf Tour in the Asian Open in Shanghai, but it could have been so much better. Pearce fired a final round 71 ending up five-under for the tournament, and tied for fifth, two shots off winner, Spains Gonzalo Fernandez-Castano. However, the New Zealander had the lead midway through the back nine, before shooting bogeys on the 13th and 14th. Pearce ended up in some good company, and was competing for the lead with the likes of Colin Montgomerie and Henrik Stenson,

Asia-Pacific predators to lead the pack

Asia-Pacific predators to lead the pack ASIA-Pacific companies are well placed to make strategic deals over the next 12 months, according to a survey by financial services group KPMG. It said Asia-Pacific companies in healthcare, utilities, telecommunications and basic materials were likely to be aggressors in the global mergers and acquisitions market in next six months. But that same regions technology companies were likely to be targets for acquisition. KPMG partner Julian Vella said that although many firms were returning capital to shareholders, rather than paying high prices for assets, positive earnings forecasts and strong debt capacity still left them with attractive

LEAD: Japan eyes launching E. Asia-wide FTA talks in 2008+

LEAD: Japan eyes launching E. Asia-wide FTA talks in 2008+ Japan will propose to 15 Asian neighbors launching talks in 2008 aimed at a region-wide free trade agreement as a precursor to establishing an East Asian economic community, trade minister Toshihiro Nikai said Tuesday. Economy, Trade and Industry Minister Nikai told a press conference Japan will ask the 10-member Association of Southeast Asian Nations, and China, South Korea, India, Australia and New Zealand to consider the regional FTA talks. If realized, the economic zone would include half the world's population and a quarter of its gross domestic product, officials said. The idea will be

Japanese ADRs lead Asia’s advance

Japanese ADRs lead Asia's advance U.S.-listed shares of Asian companies jumped Thursday, supported by gains among Japanese shares and Chinese online providers that rose on earnings. The Bank of New York Asia American Depositary Receipt Index rose 1.47 points, or 1%, to 139.38, making it the bank's best-performing subregional index. The overall Composite Index added 0.33 points to 143.03. Japan's ADRs were on the forward march, supported by what many see as a full-scale Japanese economic recovery. Earlier, the Nikkei 225 Average, Tokyo's major benchmark, rose 2% to 16,096.10. See Asia Markets. Financial shares were higher after the nation's leading business