Doosan Heavy Industry & Construction Co.

Asian Activities Report for July 26, 2011 includes: Metgasco Limited's (ASX:MEL) gas production from the Harrier P01 CSG pilot well has achieved a rate of 230,000 scfd; MRG Metals Limited (ASX:MRQ) has secured an option to acquire the highly prospective Collie South Coal project in Western Australia; Havilah Resources NL (ASX:HAV) has signed non-binding agreements with Chinese companies to advance Maldorky iron ore project; Tap Oil Limited (ASX:TAP) updated on Manora Oil Development in the Gulf of Thailand; Doosan Heavy Industries & Construction Co Ltd (SEO:034020) has signed a deal to provide a nuclear reactor to China; Thermax Limited (BOM:500411) and US based Amonix, Inc. announced an exclusive partnership to bring Concentrated Photo Voltaic technology for clean power generation to India.

US shares tumbled sharply for a third straight day on Friday as continued worries about the White House's plan to limit bank risk-taking. Google's disappointing earnings also hit the tech stocks. For the week, the Dow dropped 4.1 per cent, the S&P 500 lost 3.9 per cent and the Nasdaq tumbled 3.6 per cent.

Asian share markets broadly opened in positive territory. Japan's Nikkei was buoyed by the latest data showing that Japan's economy grew 1.2 per cent in July-September from the previous quarter, exceeding market expectations.

Most Asian markets ended lower Thursday, giving up gains from the previous session. Japan's Nikkei 225 finished down 2.4% as exporters were hit by the stronger yen. Other major indexes including China's Shanghai Composite, Hong Kong's Hang Seng Index and South Korea's Kospi ended with rather small changes as investors were not confident to the economic outlook and waiting for a clear picture.