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Business News on January 14, 2011


Renminbi to Appreciate 5% in Both 2011 and 2012; AFF Speaker Jing Ulrich of JP Morgan also Sees Slowing of China's Growth Rate to 9% this Year
Chinese mainland authorities will allow the renminbi to appreciate at a faster pace of five per cent in both 2011 and 2012, predicts J P Morgan Managing Director and Chairman of China Equities and Commodities Jing Ulrich, who will speak at the AsianFinancial Forum in Hong Kong next week ACN Newswire

Traditional Markets Returning to Hong Kong for Toys & Games Fair
More than 34,000 buyers, a new fair record, took in the HKTDC Hong Kong Toys & Games Fair, which concluded yesterday. Asia's largest and the world's second-largest show of its kind, the fair welcomed buyers mainly from the Chinese mainland, the United States, Japan, Korea, Taiwan, Russia, Australia, the United Kingdom, Malaysia and Thailand ACN Newswire

Hong Kong Licensing Show Attendance Up 10 Per Cent; Ninth Edition of HKTDC Fair Draws More than 15,000 Visitors
The ninth edition of the HKTDC Hong Kong International Licensing Show, which closed 12 January, attracted more than 15,000 visitors, a 10 per cent increase over last year. Beyond Hong Kong, visitors came from the Chinese mainland, the United States,South Korea, the Philippines, Singapore, Japan, India, Taiwan, the United Kingdom and the United Arab Emirates ACN Newswire

Himfr.com: China's Foreign Exchange Reserves Reach 18.55 trillion RMB in 2010
The analyst from Hirfm.com reported that The People's Bank of China, China's central bank, reported on Tuesday that China held 18.88 trillion RMB worth of foreign exchange reserves in the end of year 2010, compared with last year, it has increased 18.7%.Hirfm.com (http://www.himfr.com/hot-products/) said that with 1318 ACN Newswire

MHI and Gujarat State of India Sign MOU Reaching Agreement in the Creation of Smart Community
Mitsubishi Heavy Industries, Ltd. (MHI) has agreed with the Gujarat State government of India and the Delhi-Mumbai Industrial Corridor Development Corporation Limited (DMICDC) to collaborate in the development of an environmentally friendly Smart Community and signed a memorandum of understanding (MOU) on January 12 in India ACN Newswire

'Auris Hybrid' Receives ADAC 2011 Yellow Angel Award
Toyota Motor Corporation (TMC) announces that its for-European-market "Auris Hybrid" has won the Yellow Angel award, conferred by the German automobile association Allgemeiner Deutscher Automobil-Club e.V (ADAC), in the newly established "Car of the Future" category ACN Newswire

New 'GRMN', 'G's' Concepts to Debut at Tokyo Auto Salon
Toyota Motor Corporation (TMC) plans to display a total of 17 vehicles, including three concept cars from "GAZOO Racing tuned by MN" (GRMN) and "G Sports"(1) (G's), plus production vehicles, at the Tokyo Auto Salon 2011 with NAPAC(2) ACN Newswire

The i-MiEV Goes On Sale in 15 European Countries
Mitsubishi Motors Corporation (MMC) announced today that sale of the European-spec i-MiEV new-generation electric vehicle is to commence in 15 European countries(1). As a reminder, MMC began production of the i-MiEVs for Europe from October of last year. Three months after starting shipment, about 2,500 units(2) were shipped ACN Newswire

13 Japanese Companies Eye Smooth Domestic Launch of FCVs
Toyota Motor Corporation (TMC), Nissan Motor Company, Ltd., Honda Motor Company, Ltd., JX Nippon Oil & Energy Corporation, Idemitsu Kosan Company, Ltd., Iwatani Corporation, Osaka Gas Company, Ltd., Cosmo Oil Company, Ltd., Saibu Gas Company, Ltd., Showa Shell Sekiyu K.K., Taiyo Nippon Sanso Corporation, Tokyo Gas Company, Ltd. and Toho Gas, Company, Ltd ACN Newswire

Tytan Holdings Inc. ("TYTAN") Today Announced That Tytan International Inc Has Prevailed in a Litigation Between Mark Leonard (Tytan International) and Bogden Inc. (Tractorco.com)
Tytan Holdings, Inc (PINKSHEETS: TYTN) MarketWire

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