Hyundai Heavy Industries Co., Ltd
Hyundai Heavy Industries Co., Ltd. ("HHIC") (SEO: 09540) The Group's principal activities are manufacturing and selling of industrial machinery, ships' parts and steel products; designing and installing of sewage disposal; involved in off-shore and engineering, engine and machinery, electro electric systems, and construction equipment; and information technology. The company owned 1 head office, 1 factory and 3 domestic branches.
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Asian markets closed mostly higher on Wednesday as materials shares were boosted by strong commodities prices. Japan's Nikkei average rose 0.3 percent as exporters gained on strong U.S. data and weakness in yen against greenback. But the rises were pulled back by a drop in shares of Toyota Motor Corp after its recall woes hit its sales. South Korea's Kospi added 1.2%, Hong Kong's Hang Seng Index rose 2.2% and China's Shanghai Composite gained 2.4%.
Asian stock markets were widely up Wednesday after Wall Street climbed to a new high of the year overnight. Gold prices hit a record high for a second day today.
Asian stock markets mostly jumped on Monday. Financial stocks were rebounding in Australia, Korea and Japan on hopes the extent of the impact of the Dubai crisis would be limited. The United Arab Emirates central bank said Sunday it "stands behind" local lenders.
STX Offshore & Shipbuilding (SEO:067250), the world's No.4 shipbuilder, is targeting a record US$2 billion in new orders for offshore vessels and plants this year.
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