General Electric Company

CIO Summit Russia & CIS 2011 is an exclusive C-level event reserved for 100 participants that includes expert workshops, facilitated roundtables, peer-to-peer networks and co-ordinated meetings.

2nd Annual Smart Grid China Summit 2011 will be held on June 9-10 in Beijing, China. It will leverage on advanced technologies and equipments in tapping the burgeoning smart grid market. The 1st annual event in 2010 was a great success and attracted more than 150 delegates from the smart grid industry, 10% of which are from grid operators and power distributors, 27% from primary and secondary equipment suppliers, 24% from IT technology & service providers, 18% from R&D institutes and 14% from consultants and investors.

Most Asian markets ended lower yesterday on fears of a possible downgrade of Greek debt. Japan's Nikkei lost 1.0 per cent while a rising yen weighed on exporters. Taiwan market fell 1.4 per cent and South Korean's Kospi declined 1.6 per cent. But China's Shanghai Composite rose 1.3 per cent, as investors were expecting an annual parliament session in March may reaffirm China's relatively loose monetary policy.

All the key markets in Asia were hurt by the debt problem of Dubai today. Japan's key Nikkei stock index opened nearly 2 percent lower Friday while Hong Kong's Hang Seng Index declined about 3 per cent at opening with banks which are exposed to overseas assets tumbled massively.