SINGAPORE STOCK MARKET | 2012-02-19

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   Headlines for ChannelNewsAsia, dated: 2012-02-22

China's Geely to assemble cars in Egypt
BEIJING: Chinese automaker Geely said Wednesday it will begin assembling cars in Egypt this year with a local partner, marking its latest push overseas as domestic demand hits the brakes.


   India rules out bailout for ailing Kingfisher
NEW DELHI: India's civil aviation minister on Wednesday ruled out a government bailout of Kingfisher Airlines as the cash-strapped carrier submitted a new flight schedule after days of cancellations.

China computer maker seeks iPad sale ban in Shanghai
SHANGHAI: A Chinese computer maker on Wednesday asked a Shanghai court to bar the sale of Apple's iconic iPad in the commercial metropolis in a long-running trademark dispute.

S.Korea says US FTA to draw China, Japan investment
SEOUL: South Korean President Lee Myung-Bak said that a sweeping free trade pact with the United States would help draw Chinese and Japanese investment to his country and create more jobs.

Rules patchwork 'threatens cloud computing growth'
SINGAPORE: A global patchwork of conflicting laws and regulations could hobble the growth of the cloud computing market, according to a new study.

55 Boeing Dreamliners "have potential" problem
SINGAPORE: Boeing said around 55 of its flagship 787 Dreamliners "have the potential" to develop a fuselage shimming problem, but reiterated that the fault was being fixed.

China manufacturing activity weakens in Feb: HSBC
BEIJING: China's manufacturing activity continued to contract in February as export orders weakened, HSBC said, in a further sign that the eurozone crisis and US weakness are hurting demand.

Alibaba.com shares soar on privatisation plans
HONG KONG: The share price of Chinese online shopping portal Alibaba.com soared in Hong Kong on Wednesday after its parent company said it plans to take the company private for $2.3 billion.

Trademark row over Apple's iPad moves to Shanghai
SHANGHAI: A trademark dispute between Apple and a Chinese computer maker moved to Shanghai on Wednesday, where the debt-laden plaintiff is seeking to stop the sale of the US giant's iconic iPad.

Vietnam Airlines takes majority stake in Jetstar Pacific
SYDNEY: Australian carrier Qantas said that Vietnam Airlines will take a majority share in its Jetstar Pacific offshoot from the Vietnamese State Capital Investment Corporation.

Asian shares mixed after Greek bailout deal
HONG KONG: Asian shares were mixed Wednesday after US and European markets gave Greece's crucial bailout only a lukewarm reaction.