Saturday, June 2, 2007

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Japan Feb auto production up 1.9 pct year-on-year

TOKYO (XFN-ASIA) - The automobile industry's output was 1.9 pct higher last month than a year earlier at 1.007 mln vehicles, rising for the 16th straight month, the Japan Automobile Manufacturers Association said.

Car output rose 2.7 pct to 868,993 vehicles, rising for the 16th straight month.

Truck output fell 4.1 pct to 129,931 vehicles, the first fall in two months.

Bus production was up 20.6 pct at 8,455 vehicles, rising for the 25th straight month.

Vehicle exports rose 11.7 pct to 519,695, rising for the 19th straight month.

Domestic shipments of vehicles were down 5.4 pct at 505,116.

Separately, the association said motorcycle output had risen by 1.9 pct last month to 157,873 bikes, rising for the first time in four months.

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Virtual racing games linked to risk taking

WASHINGTON: Psychologists have taken the "media priming" effects of popular video console and PC-based games on the road, finding that virtual racing seems to lead to aggressive driving and a propensity for risk taking. Extending prior findings on how aggressive virtual-shooter games increase aggression-related thoughts, feelings and behaviors, researchers at Munich's Ludwig-Maximilians University and the Allianz Center for Technology found that of 198 men and women, those who play more virtual car-racing games were more likely to report that they drive aggressively and get in accidents. Less frequent virtual racing was associated with more cautious driving. According to this press release issued by EurekAlert, the findings appear in the March issue of the Journal of Experimental Psychology: Applied, which is published by the American Psychological Association.

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Group 1 Automotive to Present at Morgan Stanley Global Automotive ...

HOUSTON--(BUSINESS WIRE)--Group 1 Automotive, Inc. (NYSE:GPI), a Fortune 500 automotive retailer, today announced that executive management will present at the Morgan Stanley Global Automotive Conference. The presentation will cover Group 1's 2006 financial results and an overview of the company's strategy.

Group 1 is scheduled to present at the Crowne Plaza Times Square Manhattan hotel in New York City on April 4, at 10:30 a.m. EDT. A slide presentation and live audio webcast, with a replay available for 30 days, will be accessible through the Investor Relations section of Group 1's website at www.group1auto.com.

About Group 1 Automotive, Inc.

Group 1 owns and operates 104 automotive dealerships, 143 franchises, and 28 collision service centers in the United States and three dealerships, six franchises and two collision centers in the United Kingdom that offer 33 brands of automobiles.

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UA content saunters onto Live

Fans of Marvel, Activision and Raven's Ultimate Alliance are in from something of a treat come next month, word reaching us today that April will see the launch of fresh downloadable content for the title over Xbox Live.

The new content will apparently introduce 8 new characters to the super-heroes game, The Incredible Hulk, Magneto, Hawkeye, Sabretooth, Doctor Doom, Cyclops, Nightcrawler and Venom can all be yours, should you be willing to part with a few Microsoft Points for the pleasure.

500 Microsoft Points will give you either the 'Hero Pack' or the 'Villain Pack', or you can go for the double-header 'Hero and Villain Pack', yours for 800 Microsoft Points (about 9.30 Euro). It may seem a tad pricey for a few new friends to play with, but we are promised new powers, dialogue, skins and achievement points - possibly as many as 250.

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`We understand the investors' perspective better'

For one, as long standing investors in the Indian market, we think that we understand the investors' perspective better. This is why, as a confidence inspiring measure, AIG is investing its own funds into this offering. We also believe that process-driven investment research is a unique offering that we bring to the Indian market. Equity Platform for Investment Communication — what we call EPIC — is a tool that allows our entire global team of analysts and fund managers to maintain communication on an ongoing basis.

If any of our analysts anywhere in the globe has made a company visit or has prepared earnings forecasts for a company, this is captured in EPIC and automatically relayed to the entire investment team around the world. EPIC also aids the fund manager by automatically generating earnings forecasts based on assumptions, and capturing the consensus market view on a particular stock or company, so that he can evaluate what is factored into the current market price of the company.

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I handled 9/11 from A to Z: Qaida No. 3

WASHINGTON: They called him the "Forrest Gump of terrorism" for his involvement in many terrorist acts and plans across the world going back to the mid-1990s. At a hearing in Guantanamo Bay last week, Khalid Sheikh Mohammed showed the moniker was well deserved, owning up his role in 31 terrorist plots, including 9/11, the first World Trade Center bombing in 1993, and a host of plots and plans in between.

In a rambling, disjointed statement at a military hearing, the most coherent sentence the man initialed as KSM said was "I was responsible for the 9/11 operation, from A to Z." He expressed some regret over the incident ("I'm not happy that 3,000 been killed in America. I feel sorry even. I don't like to kill children and the kids") but rationalized it later saying, "The language of war is victims."

Among his involvement in many plots was one in which he said there was "surveying and financing for the destruction of the Israeli Embassy in India, Azerbaijan, the Philippines and Australia." There were also assassination plots against Presidents Clinton and Carter, and the attempt on the life of Pakistani's military ruler Pervez Musharraf.