S Korea to Push for Hyundai Merchant to Acquire Hanjin Shipping's Assets 

South Korea plans to have Hyundai Merchant Marine Co. acquire healthy assets of troubled Hanjin Shipping Co., which is teetering on the verge of collapse following a decision by its creditors to cut its financial line. (published 0221 GMT)

 
 
XSEDE Project Linking Researchers to Supercomputers Wins $110 Million Award 

A big-data project that connects researchers to close to a dozen supercomputers at universities and institutes across the U.S. scored a $110 million grant from the National Science Foundation, one of the largest awards so far this year. (published 0243 GMT)

 
 
China Shipping Container Swings to 1H Net Loss of CNY834.6 Million 

China Shipping Container Lines Co. swung to a net loss in the first half from a year earlier amid a prolonged shipping downturn. (published 0041 GMT)

 
 
Chongqing Western Modern Logistics Industry Zone Construction Raises US$500 Million via USD Bond Sale -- Term Sheet 

Chongqing Western Modern Logistics Industry Zone Development Construction Co., a state-owned enterprise established by the Chongqing municipal government, raised US$500 million via a U.S. dollar-denominated bond offering for working capital and general corporate purposes, according to a term sheet seen Wednesday by The Wall Street Journal. (published 0026 GMT)

 
 
Air China 1H Net Profit Down 17% at CNY3.47 Billion 

Air China Ltd. reported a 17% drop in its first-half net profit as foreign exchange losses offset the gains from lower fuel costs and growing air-travel demand. (published 0025 GMT)

 
 
China Eastern Air 1H Net Profit Down 9.3% to CNY3.23 Billion 

China Eastern Airlines Corp.'s first-half net profit fell 9.3% from a year earlier, weighed down by foreign-exchange losses. (published 0017 GMT)

(END) Dow Jones Newswires

August 30, 2016 23:00 ET (03:00 GMT)