[ID:nN08455623] (Reporting by Rika Otsuka; Editing by Joseph Radford) Bonds Global Markets Japan. SHANGHAI, May 11 (Reuters) - Australian iron ore minerFortescue Metals (FMG.AX) may list its shares in Shanghai, whichplans to allow foreign listings under an ambitious developmentscheme, the official China News Agency reported, quotingFortescue CEO Andrew Forrest. Forrest said Fortescue's equity tie-up with China's HunanValin Iron and Steel Group would help its localisation in Chinaand may facilitate a Shanghai listing, the news agency reportedon its website, , on Saturday. China has given no timeframe for allowing foreign companiesto float shares in Shanghai, proposed as part of a plan to makethe country's financial hub a global financial centre by 2020.[ID:nSHA205030] Forrest made the comments during a signing ceremony on Fridayfor a strategic partnership with Valin, China News said (Reporting by Alfred Cang and Edmund Klamann). May 11 (Reuters) -NETMARKS INCPARENT-ONLY FINANCIAL HIGHLIGHTS (in billions of yen unless specified) Year endedYear endedYear toSix months to Mar 31, 2009Mar 31, 2008Mar 31, 2010Sep 30, 2009 LATESTYEAR-AGOCOMPANY COMPANY RESULTS RESULTS FORECASTS H1 FORECASTS Sales30.44 34.27 33.70 13.10 (-11.2 pct)(+2.5 pct)(+10.7%) (-1.8%) Operating prft 392 mlnprft 518 mln prft 1.20loss 300 mln(-24.3 pct) (+206.0%) Recurring prft 246 mlnprft 223 mln prft 1.10loss 350 mln(+10.3 pct) (+345.7%) Net prft 279 mln loss 1.41 prft 1.10loss 350 mln(+293.9%) EPS prft Y1,060.14loss Y7,504.97prft Y4,176.03loss Y1,328.74 Annual divnil nil nil-Q2 divnil nil nil-Q4 divnil nil nil NOTE - Netmarks Inc designs and builds information networks and sells telecoms equipment. If there is no Q1 or Q3 dividend, Q2 will in most casescorrespond to the first-half dividend and Q4 to the second-halfdividend announced before a new corporate law in 2006 allowedcompanies to pay and report dividends on a quarterly basis. For latest earnings estimates made by Toyo Keizai, pleasedouble click on 3713.TK1..
May 11 (Reuters) -NETMARKS INCCONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) Year endedYear endedYear to Mar 31, 2009Mar 31, 2008Mar 31, 2010 LATESTYEAR-AGOCOMPANY RESULTS RESULTS FORECASTSSales30.45 43.30 (-29.7 pct) (-15.9 pct) Operating392 mln 550 mln (-28.6 pct) Recurring256 mln 145 mln (+76.0 pct) Net prft 318 mln loss 1.18EPS prft Y1,209.22loss Y6,288.36Annual divnil nil nil-Q2 divnil nil nil-Q4 divnil nil nil NOTE - Netmarks Inc designs and builds information networks and sells telecoms equipment. For latest earnings estimates made by Toyo Keizai, pleasedouble click on 3713.TK1.. BEIJING, May 11 (Reuters) - The reaction of financial marketsto last week's stress tests shows they regard the results as areliable indicator of the relative health of U.S banks, a seniorFederal Reserve official said on Monday. Bonds | Global Markets The stress tests had instilled confidence in the markets thatfinancial institutions would in short order escape the need forgovernment support, Jeffrey Lacker, president of the FederalReserve Bank of Richmond, told a banking forum in Beijing.
This would make the recapitalisation of banks through theprivate markets much easier to accomplish, he added. (Reporting by Simon Rabinovitch; Writing by Alan Wheatley,Editing by Jacqueline Wong) Bonds Global Markets. (Updates to midday) SEOUL, May 11 (Reuters) - The South Korean won touched itsstrongest in over six months on Monday as foreigners continued tobuy Seoul shares after better-than-expected U.S job data. The won KRW=, however, cut some of its earlier gains asinvestors remained cautious over possible dollar-buyingintervention by South Korea's foreign exchange authorities. The local currency was quoted at 1,236.9/7.6 per dollar as of0250 GMT, compared with Friday's domestic close KRW=KFTC of1,247.0.
It strengthened to as firm as 1,230.8, the strongestsince Oct 31, 2008. "Investors favoured the won once it broke through 1,250 levellast week, but it is difficult to chase the currency furthergiven wariness of (possible) intervention," said a local bankdealer. On Friday, the country's authorities were seen buying dollarsto curb further won gains, traders said. Seoul sharesrose 0.18 percent as foreign investorsbought a net 175.9 billion won worth of stocks on the mainexchange. Foreigners purchased a combined net 2.12 trillion won inshares during the previous six consecutive sessions.0250 GMT0040 GMTprev close Won KRW= 1,236.9/7.6 1,238.9/9.6 1,247.0 Yen/won JPYKRW=R12.5765/6212.5472/9712.5556/47 KOSPI1,414.651,409.331,412.13 (Reporting by Cheon Jong-woo and Lee Kyoung-ho; Editing by ChrisLewis). JUYUAN, China, May 11 (Reuters) - A year ago on Tuesday, an earthquake in China's Sichuan province brought down Juyuan Middle School, crushing to death hundreds of students.
[ID:nPEK7579] Reuters spoke to 30 parents of students killed in Class 5 of Junior Secondary 3rd Year. Here is what some of them said: ZHENG YUFANG, 37, MOTHER OF ZHU YONG "I used to do some business But now I just stay in my room passing the days .. It's been hard on my family. My son is dead, my husband was injured, and we have my husband's 90-year-old grandmother at home with us." "My boy's marks weren't great Boys at that age do like to play .. Last night I dreamt of him ... I dreamt he called on the phone and I asked, 'Who's that?' he said, 'Ma, it's me your son.' I asked him where he was and he said, 'I've gone away'." ZHOU HUIFANG, 40, MOTHER OF GAO LI "Nowadays I feel a bit better but it's hard ...