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Archive for the ‘Asia’ Category

(STRANGE) China Scientists Report UFO…

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(Newser Summary) – Chinese scientists have reported filming a UFO for 40 minutes during the solar eclipse in July, reports the Telegraph. Researchers from the Purple Mountain Observatory in Nanjing said they will study the footage for a full year before they issue any conclusions. Scientists “discovered near the sun an unidentified object,” said the director of the observatory. “Its physical nature remains to be further studied.”

Researchers will “deal with this data, complete the data analysis, and reveal the scientific findings,” said the director. The report follows a series of UFO sightings in China, including one filmed the day of the solar eclipse by students in Deqing in Guandong Province, which shows a glowing object that changes shape.

Mary Papenfuss

Source: Daily Telegraph (UK)

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Written by dnnnewshound

September 7, 2009 at 9:01 am

Posted in Asia, Strange

Tagged with , ,

(SHOCKING) List of American Corporations With Jobs Overseas (outsourcing)…

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i.telegraph.co.uk__beijing-smog-404_778961c

 

 

 

 

 

 

 

 

Source: CNN

Aetna
Affiliated Computer Services
AFS Technologies
A.G. Edwards
Agere Systems
Agilent Technologies
AIG
Alamo Rent A Car
Albany International Corp.
Albertson’s
Alcoa
Alcoa Fujikura
Allen Systems Group
Alliance Semiconductor
Allstate
Alpha Thought Global
Altria Group
Amazon.com
AMD
Americ Disc
American Dawn
American Express
American Greetings
American Household
American Management Systems
American Standard
American Uniform Company
AMETEK
AMI DODUCO
Amloid Corporation
Amphenol Corporation
Analog Devices
Anchor Glass Container
ANDA Networks
Anderson Electrical Products
Andrew Corporation
Anheuser-Busch
Angelica Corporation
Ansell Health Care
Ansell Protective Products
Anvil Knitwear
AOL
A.O. Smith
Apple

READ MORE

Written by dnnnewshound

September 1, 2009 at 2:37 pm

(SHOCKING) READ: Will Boeing move to Beijing?…

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www.dailyfinance.com__rsz_boeing_787

 

 

 

 

Source: DailyFinance

Boeing (BA) CEO Jim McNerney is eager to move the company to China. Whether moving Boeing to China means shifting its headquarters from Chicago to Beijing is up in the air. But Boeing already has $600 million in supplier partnerships with China — such as a deal with Shenyang Aircraft Corporation to build an assembly for the 787’s vertical fin. And Stan Sorscher, who spent 20 years at Boeing before taking a post at the Society of Professional Engineers in Aerospace (SPEEA) in 2000, told me that McNerney is hooked on the idea of shifting Boeing to China.

Sorscher told me that McNerney recently hosted a meeting with a group of engineers to discuss how Boeing should build its next aircraft. The conclusion of the meeting was that McNerney is comfortable with the way the 787 was developed but thinks it could use a bit of tweaking — and he’d like to shift more of the design and manufacturing of future Boeing aircraft to China.

 

This would leave Boeing as a systems integrator which outsources product development to China and other countries. According to Sorscher, the engineers were very nervous in their presentation — perhaps fearing that they would be punished for bringing McNerney the bad news that they believed Boeing should never repeat what it has done in the design and manufacturing of the 787. The engineers reportedly believe that in the future Boeing should take far greater authority and responsibility for aircraft design. Read More

Written by dnnnewshound

September 1, 2009 at 2:17 pm

(WORLD) READ: Travel Back to Normal in Koreas…

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PD*26952233(Newser Summary) – Travel between North and South Korea returned to normal today, eight months after Pyongyang clamped down on imports from the South. It’s the latest sign of warming ties between the two Koreas, following a recent deal on reuniting separating families and the fight high-level diplomatic talks in two years. Negotiations last month between North Korea and South Korean automaker Hyundai led to the changes, reports CNN.

 

Jason Farago

Source: CNN

 

 

Written by dnnnewshound

September 1, 2009 at 1:29 pm

Posted in Asia, WAR

(POLITICAL) READ: Japanese election ends half a century of rule by conservative party…

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Source: Newsrunner

Japan Politics ElectionsTOKYO — Japan’s opposition swept to a historic victory in elections Sunday, crushing the ruling conservative party that has run the country for most of the postwar era and assuming the daunting task of pulling the economy out of its worst slump since World War II.

A grim-looking Prime Minister Taro Aso conceded defeat just a couple hours after polls had closed, suggesting he would quit as president of the Liberal Democratic Party, which has ruled Japan for all but 11 months since 1955.

 

“The results are very severe,” Aso said. “There has been a deep dissatisfaction with our party.”

Unemployment and deflation — and an aging, shrinking population — have left families fearful of what the future holds.

Fed up with the LDP, voters turned overwhelmingly to the opposition Democratic Party of Japan, which ran a populist-leaning platform with plans for cash handouts to families with children and expanding the social safety net. Read More

Written by dnnnewshound

August 30, 2009 at 2:05 pm

Posted in Asia, Liberal, Politics

Tagged with , , ,

(READ): South Korea’s £245m Satellite ‘Burns Up’…

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Source: Sky News

The nation had invested more than 500 billion won (£245.3m) into the failed project.

But Seoul has vowed to press on with its drive to become a space technology leader, despite the setback caused by defective fairing covering the satellite.

South Korea’s technology ministry said one of the two aerodynamic fairings covering the rocket’s tip failed to fall away, after opening in preparation for the satellite’s release.

 

It fell to Earth and was probably destroyed as it re-entered the atmosphere.

Deputy science minister Kim Jung-Hyun 

 

The extra weight prevented the rocket from achieving enough thrust to place the satellite in orbit.

Written by dnnnewshound

August 26, 2009 at 8:05 pm

Posted in Asia, Countries, Space

Tagged with , ,

(READ): Coming Home: Appliance Maker Drops China to Produce in Texas…

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Source: The Wall Street Journal.
ASIA NEWS AUGUST 24, 2009
By TIMOTHY AEPPEL
HOUSTON — Farouk Shami, a Palestinian-born hairdresser who built a $1 billion manufacturing company around a popular line of hair irons, is moving all of his production of hand-held appliances from China to a sprawling new factory here.
"We’ll make more money this way — because we’ll have better quality and a better image," says the 66-year-old, who says his company, Farouk Systems Inc., spends about $500,000 a month fighting counterfeits, most of which he says originate in China. The company collects the fake products and tracks the source, and then brings action in China to shut down illegal producers.
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"I think you’re starting to see more manufacturers rethinking outsourcing," says Daniel Meckstroth, an economist at the Manufacturers Alliance/MAPI, a public policy and research group based in Arlington, Va., calling a June speech by General Electric Co. CEO Jeffrey Immelt, where he said that overseas outsourcing had gone too far and that U.S. companies needed to expand domestic production, a "bellwether of what’s happening in manufacturing."
….
The move is creating jobs in Houston at a time when factory jobs are evaporating in most places. On a recent afternoon, job applicants sat in the lobby of a cavernous new factory, hoping to be one of 30 people hired daily. The company expects to have 1,200 workers when the factory is at full speed in December.
Read more: http://online.wsj.com/article/SB125107636394652753.html

Written by dnnnewshound

August 24, 2009 at 10:24 pm

Posted in Asia, Economy

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