Business News from Channel News Asia part 1

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Oil shoots higher on Libya turmoil NEW YORK : Crude oil prices surged again Monday as traders fretted about escalating clashes in Libya between forces loyal to leader Muammar Gaddafi and rebels seeking to end his four-decade rule. New York's main contract, light sweet crude for delivery in April, settled at $105.44 a barrel, a gain of $1.02 since Friday. The benchmark WTI futures contract had already gained more than 20 percent in the past two weeks. Earlier Monday, it reached an intraday peak of $106.95, the highest mark since September 26, 2008. In London, Brent North Sea crude for April climbed as high as $118.50 before easing back to close at $115.04 a barrel. "As long as these battles between Gaddafi and the rebels continue, we are going to see crude bid up," said Matt Smith at Summit Energy. "Especially as during the weekend we saw further problems in other countries, such as Bahrain and Yemen." Gaddafi forces launched new air strikes on rebels near the key oil port of Ras Lanuf as the three-week-old conflict veered toward civil war. "With all the uncertainty about how much production is getting off line in Libya, we are still going to see the market nervous and with a bullish impetus," Smith said. Libya is the fourth-biggest oil exporter in Africa after Nigeria, Algeria and Angola, producing around 1.8 million barrels a day, with reserves of 42 billion barrels. Mike Fitzpatrick of Kilduff Report explained the port town has about 200,000 barrels of crude in its terminal and is home to the country's biggest refinery, with daily output capacity of 220,000 barrels. Last week, the International Energy Agency estimated that the turmoil has cost Libya between 850,000 and one million barrels of production a day, more than half of its output and about 1.0 percent of global consumption. - AFP /ls

Harga minyak naik selama kekacauan Libya NEW YORK : Harga minyak mentah kembali mengalami kenaikan pada hari Senin dan pengusaha mengeluhkan pertempuran Libya yang memanas antara pasukan Muammar Khadafi dengan kaum pemberontak yang hendak mengakhiri kepemimpinannya yang telah berjalan selama 40 tahun. Kontrak utama light sweet crude (minyak mentah) pasar New York untuk pengiriman April tercatat pada $105.44 per barel, naik $1.02 sejak Jumat. Kontrak future WTI yang merupakan benchmark telah mengalami kenaikan lebih dari 20 % sepanjang dua minggu terakhir. Sebelumnya di hari Senin, harga sempat mencapai puncak senilai $106.95, nilai terbesar sejak 26 September 2008.   Di London, kontrak Brent North Sea crude untuk pengiriman April meningkat menjadi $118.50 sebelum kembali ke nilai $115.04 per barel. "Selama terjadi pertempuran antara Khadafi dan pasukan pemberontak, kita akan menghadapi kenaikan harga minyak mentah," ujar Matt Smith dalam pertemuan Summit Energy. "Terutama selama akhir pekan terdapat pertikaian di negara lain, seperti Bahrain dan Yemen." Pasukan Khadafi kembali melakukan serangan udara terhadap pasukan pemberontak di dekat pelabuhan minyak utama Ras Lanuf seiring berkembangnya pertikaian selama 3 minggu menjadi perang saudara. "Dengan adanya ketidakpastian jumlah produksi yang terhenti di Libya, kita akan tetap menghadapi pasar yang tak menentu dan kenaikan harga yang lebih cepat," ujar Smith. Libya adalah eksportir minyak terbesar Afrika keempat setelah Nigeria, Algeria dan Angola, memproduksi sekitar 1.8 juta barel per hari, dengan persediaan 42 miliar barel. Mike Fitzpatrick dari Kilduff Report mengatakan bahwa kota pelabuhan menyimpan sekitar 200,000 barel minyak mentah di pangkalan dan merupakan kilang minyak terbesar Libya, dengan kapasitas produksi per hari mencapai 220,000 barel. Minggu lalu, International Energy Agency memperkirakan bahwa kekacauan tersebut telah mengurangi produksi sekitar 850,000 hingga satu juta barel setiap harinya, lebih dari separuh produksinya dan sekitar 1.0 % konsumsi global. - AFP /ls

Technology News from Channel News Asia part 1

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Samsung sees iPad 2 thinness, price as challenge SEOUL - South Korean giant Samsung Electronics on Friday admitted it faced a tough challenge to compete with Apple's new slimmer and cheaper iPad, saying "inadequate" parts had to be improved. The iPad 2 unveiled this week was described by Apple chief executive officer Steve Jobs as "dramatically thinner" than the previous model.   The tablet is one-third the thickness of its predecessor at 8.8 millimetres (about one-third of an inch) and also thinner than Samsung's latest 10.9-millimetre Galaxy gadget announced last month. "We will have to improve the parts that are inadequate," Lee Don-Joo, executive vice president of the Korean firm's mobile division, told Yonhap news agency. "Apple made it very thin." Apple is also winning on price so far. Samsung's original seven-inch screen Galaxy Tab was priced at nearly US$900 if bought without a two-year contract from mobile operators, while the cheapest iPad 2 costs US$499. Samsung has not announced pricing for its new 10.1-inch tablet. "The 10-inch (tablet) was to be priced higher than the seven-inch but we will have to think that over," Lee told Yonhap. Samsung has sold two million Galaxy Tabs since October 2010 while Apple sold 15 million iPads in April-December. Rival manufacturers have been scrambling to bring their own tablet computers to market since Apple introduced the iPad last year. Overall sales of tablets, which can be used to surf the Web, read electronic books, watch videos and more, are forecast to hit 55 million this year. - AFP/ir

Samsung menganggap ukuran dan harga iPad 2 sebagai tantangan SEOUL - Perusahaan besar asal Korea Selatan, Samsung Electronics hari jumat kemarin mengakui bahwa mereka menghadapi tantangan berat untuk bersaing dengan produk iPad terbaru Apple yang lebih tipis dan lebih murah, dengan mengatakan bahwa bagian yang "kurang" harus ditambahkan. Ketika menampilkan iPad 2 minggu ini, chief executive officer (CEO) Apple Steve Jobs mendeskripsikan perangkat tersebut sebagai "jauh lebih tipis" dibandingkan model sebelumnya. Perangkat tablet ini berukuran sepertiga dari pendahulunya dengan ketebalan 8.8 mm (sekitar sepertiga dari satu inci) dan juga lebih tipis daripada perangkat terbaru Samsung, Galaxy dengan ketebalan 10.9 mm yang diumumkan bulan lalu. "Kami harus melakukan penambahan bagian perangkat yang kurang," ujar Lee Don-Joo, executive vice president divisi seluler Samsung kepada kantor berita Yonhap. "Apple membuatnya berukuran sangat tipis." Apple sejauh ini juga memiliki keunggulan dari segi harga. Harga perangkat standar Samsung Galaxy Tab berukuran tujuh inci sekitar US$900 jika dibeli tanpa kontrak dua tahun dengan operator seluler, sedangkan perangkat iPad 2 termurah seharga US$499. Samsung belum mengumumkan harga perangkat tablet terbarunya yang berukuran 10.1 inci. "Perangkat (tablet) 10 inci direncanakan lebih mahal daripada perangkat 7 inci namun kami harus mempertimbangkannya kembali," ujar Lee kepada Yonhap. Samsung telah menjual sejumlah dua juta perangkat Galaxy Tab sejak Oktober 2010 sedangkan  Apple menjual 15 juta perangkat iPad selama bulan April-Desember. Para pesaing telah mempersiapkan perangkat komputer tablet untuk menghadapi Apple yang memperkenalkan perangkat iPad tahun lalu. Penjualan perangkat tablet, yang dapat dipergunakan untuk mengakses situs web, membaca electronic book (e-book), menonton video dan fungsi lainnya, secara keseluruhan diperkirakan akan mencapai 55 juta pada tahun ini. - AFP/ir

First post and greetings

Hello there, I'm studying to become a good translator and I think that one of the ways to achieve that is by do more jobs and keep records about what I have done. I'm a poor organizer so I decided to arrange my works inside this blog. This should serve as compilation of my portofolio and also my learning field. so whoever drop by here, please feel free to comment about my works or if you're learning about translation world I hope that my works here can serve as references for you. Thank you for your attention and I hope that you have a good time here.



Yanuarius Halim