[external] KKR starts infrastructure group - Reuters - Sat 12:44 pm
(Adds background about other infrastructure funds in paragraphs 2-4, fund size from source in paragraph 3, bylines)
By Jessica Hall and Megan Davies
PHILADELPHIA/NEW YORK, May 16 (Reuters) - Kohlberg Kravis Roberts & Co [KKR.UL] said on Friday it would begin investing in global infrastructure assets with a team led ...

[external] Michelin shares rise, sticks to '08 profit guidance - Reuters - Sat 7:49 am
CLERMONT-FERRAND, France, May 16 (Reuters) - Michelin reiterated on Friday its guidance that 2008 profits would be flat due to a weak dollar and high commodity prices, boosting the French tyremaker's shares.

[external] Michelin repeats flat profit forecast, shares rise - Reuters - Sat 3:56 am
CLERMONT-FERRAND, France - May 16 (Reuters) - Michelin repeated recent signals that its operating profit would be flat this year due to a weak dollar and high commodity prices, but its shares rose on relief the French tyre maker did not offer up fresh bad news.

[external] Bridgestone, Toyo Tire form alliance in tougher times - Reuters - Sat 2:01 am
TOKYO, May 16 (Reuters) - Japan's Bridgestone Corp said on Friday it was forming a strategic alliance with rival Toyo Tire & Rubber Co , including capital ties, aimed at coping with high materials prices and intensifying competition.

[external] LG Display shares slide on Lehman downgrade - Reuters - Fri 11:48 pm
SEOUL, May 16 (Reuters) - Shares in South Korea's LG Display fell more than 8 percent after Lehman Brothers downgraded its rating on the liquid crystal display maker and several rivals, heightening worries about oversupply and slowing profits.

[external] Bridgestone, Toyo Tire in capital tie-up - Reuters - Fri 10:57 pm
TOKYO, May 16 (Reuters) - Top Japanese tyre maker Bridgestone Corp said on Friday it had formed a capital and business alliance with Toyo Tire & Rubber Co .

[external] Bridgestone says to brief on tie-up with Toyo Tire - Reuters - Fri 10:16 pm
TOKYO, May 16 (Reuters) - Top Japanese tyre maker Bridgestone Corp said on Friday it would brief on a tie-up with Toyo Tire & Rubber Co at 5 p.m. (0800 GMT). (Reporting by Sachi Izumi)

[external] SWCC Showa Holdings-2007/08 group - Reuters - Fri 10:09 pm

Limketkai Sons Fasttracks 4-Star Hotel Complex in Philippines - AsiaPulse - Fri 9:36 pm
MANILA, May 16 Asia Pulse - Limketkai Sons, Inc. fast tracked the construction of the 250-room hotel complex in the company's 30-hectares commercial complex in Cagayan de Oro City.

Earlier Headlines

All times are Singapore Time (GMT+8)

· Philippines Bpo Firms Eye $13 BLN Revenue by 2010 - AsiaPulse - Fri 9:10 pm
· Subic's Container Port Is Philippines New Global Gateway - AsiaPulse - Fri 9:03 pm
· Lafarge Malayan Cement Reports 13.2% Lift in Q1 Pre-Tax Profit - AsiaPulse - Fri 8:26 pm
· [external] KKR starts infrastructure group headed by Bilicic - Reuters - Fri 8:01 pm
· Vietnam Faces Paper Shortage Despite Production Rise: Insiders - AsiaPulse - Fri 6:58 pm
· [external] LG Display sinks after Lehman downgrade - Reuters - Fri 6:15 pm
· [external] Rane, Japan's NSK build steering plant to serve Maruti - Reuters - Fri 5:46 am
· [external] LG Display plans new $950 mln line for '09-analyst - Reuters - Fri 4:38 am
· [external] Rane Holdings JV to invest in steering system plant - Reuters - Fri 12:59 am
· South Korea's Kumho Tyre Reports Derivatives Loss of US$25.7 MLN - AsiaPulse - Fri 12:03 am

· [external] Nippon Piston Ring-2007/08 parent results - Reuters - Thu 9:32 pm
· [external] Nippon Piston Ring-2007/08 group results - Reuters - Thu 9:31 pm
· [external] Topy Industries-2007/08 parent results - Reuters - Thu 8:32 pm
· [external] Topy Industries-2007/08 group results - Reuters - Thu 8:32 pm
· PT Indocement to Invest $US420MLN - AsiaPulse - Thu 8:22 pm
· [external] Korea Hot Stocks- Steel makers, KPS surges on M&A speculation - Reuters - Thu 7:17 pm
· Hanoi-Vinh Express Railway Needs US$12 BLN: Korean Study - AsiaPulse - Thu 6:57 pm
· [external] Singapore Hot Stocks-NOL rises to 3-mth high after strong Q1 - Reuters - Thu 6:40 pm
· [external] Prysmian sees higher results for 2008 - Reuters - Thu 10:44 am
· [external] GM will need over $9 bln in new financing-Lehman - Reuters - Thu 8:56 am

· [external] Abu Dhabi plans to ramp up power output capacity - Reuters - Thu 6:12 am
· [external] GM needs to raise $9 bln over next 2 years - Lehman - Reuters - Thu 4:46 am
· [external] Bicycle-makers ride high on surging oil prices - Reuters - Thu 4:03 am
· [external] Continental to invest 100 mln euros in first Thai plant - Reuters - Thu 1:52 am
· [external] Singapore Hot Stocks-NOL rises ahead of Q1 results - Reuters - Wed 11:50 pm
· [external] Shanthi Gears Jan-March net rises marginally - Reuters - Wed 10:17 pm
· [external] Tokyo Rope Mfg-2007/08 parent results - Reuters - Wed 8:10 pm
· [external] Tokyo Rope Mfg-2007/08 group results - Reuters - Wed 8:10 pm
· [external] Singapore Hot Stocks-ComfortDelGro falls on poor Q1, outlook - Reuters - Wed 7:57 pm
· Ho Chi Minh City Looks to Expedite Seaport Relocation Plan - AsiaPulse - Wed 7:03 pm