Hyundai, Kia stocks accelerate on fallout from Toyota debacle: Shares of Hyundai Motor and its affiliate Kia Motors continue to thrive despite the recent erosion of global stock markets, fueled by strong financial performance and turmoil at rival Toyota. (Via South Korea News.)
Expert: China’s space technology close to moon landing capability: After years of development, China’s space technology is close to moon landing capability, said Fu Yiqing, space expert and consultant to the Shanghai Institute of Space Propulsion (SISP). Fu, also a senior member of American Institute of Aeronautics and Astronautics (AIAA), said this during an interview with reporters from China News Service. New generations of Chinese taikonauts are studying moon landing technology. (Via China – People’s Daily Online.)
China seizes leading hacker training website: Police in central China’s Hubei Province have seized the country’s biggest hacker training website and arrested three suspects, the local public security department said. The three, who ran the Black Hawk Safety Net, were suspected of offering online hacker tools, a crime that was newly listed in China’s Criminal Law last year. Police have also frozen more than 1.7 million yuan (250,000 U.S. dollars) in assets and confiscated nine web servers, five computers and a Honda Accord. (Via China – People’s Daily Online.)
China Unicom Opens First 3G Mobile Phone Flagship Store In Beijing: Chinese telecom operator China Unicom has announced that its first flagship store under the company’s 3G brand ‘Wo’ has been opened in Beijing. Located in the southern hall of China Unicom’s headquarters building in Financial Street, the three-floor Wo flagship store covers a total area of about 800 square meters. (Via ChinaRetailNews.com.)
JAL to keep American Airlines link: Japanese media say Japan Airlines, which filed for bankruptcy last month, has decided to keep its current tie-up with American Airlines – the Oneworld Alliance. There had been widespread reports that it might defect to SkyTeam under Delta Air Lines. The carrier feared that the switch would confuse its passengers and that it could loose its antitrust immunity from US authorities because it would dominate the trans-Pacific market. (Via RTHK On Internet – Finance News.)
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