SINGAPORE STOCK MARKET | 2012-08-28 

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   Headlines for ChannelNewsAsia, dated: 2012-08-31

US Fed chief unlikely to signal new stimulus: analysts
WASHINGTON: Markets awaiting more stimulus for the US economy will likely be disappointed Friday when Federal Reserve Chairman Ben Bernanke delivers a key annual speech, analysts said.


   Frankfurt airport hit by Lufthansa cabin staff walkouts
FRANKFURT: German airline Lufthansa has been forced to cancel "a large part" of its 360 scheduled flights in and out of Frankfurt on Friday morning owing to walkouts by cabin staff, the company said.

Japan court rejects Apple patent claims against Samsung
TOKYO: A Japanese court Friday rejected Apple's claim that Samsung stole its technology, dealing a blow to the iPhone maker after last week winning $1.05 billion in damages in the US from its bitter rival.

China Eastern Airlines H1 profit down 65%
HONG KONG: Shares of China Eastern Airlines tumbled in Hong Kong on Friday after it posted a 65-per cent plunge in first-half net profit due to high fuel costs and warned of tough times ahead.

S. Korea industrial output down for second straight month
SEOUL: South Korea's industrial output registered a second straight month of decline in July amid a deepening global slowdown, government statistics showed on Friday.

Japan posts unexpected drop in factory output
TOKYO: Japan's factory output unexpectedly fell in July, data showed on Friday, offering the latest evidence that turmoil overseas is damaging a recovery for the world's third-largest economy.