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Sunday, August 06, 2006

Asia markets see Friday gains


Asia markets see Friday gains
HONG KONG, China (Reuters) -- Asian stock markets were broadly firmer on Friday, in line with their U.S. peers, but caution ahead of influential U.S. non-farm payrolls data was expected to cap the upside.

Cookson Profit Jumps 50% as Shift to Mexico, China Lowers Costs
Aug. 2 (Bloomberg) -- Cookson Group Plc, the world's biggest maker of molds for the steel industry, said first-half net income soared 50 percent after shifting production to China and Mexico to lower costs. Two plants in the U.K. are earmarked for closure, the company said.

Fast boat from China
A new direct shipping link from China to Tampa will mean bay area companies wont have to wait as long for imported goods to reach them.

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