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China's Stocks Fall, Led by Oil Producers After Sichuan Quake
By Chua Kong Ho
May 13 (Bloomberg) — Chinese stocks fell after the nation's strongest earthquake in 58 years killed almost 10,000 people and disrupted energy and raw-materials output.
PetroChina Co., the nation's largest oil producer, declined after the government ordered wells to be shut in quake-hit areas. China Life Insurance Co. dropped on concern claims will multiply. Anhui Conch Cement Co. jumped the most in more than two weeks while Yunnan Baiyao Group Co. surged by the daily 10 percent limit on speculation demand for reconstruction materials and medical supplies will increase.
The CSI 300 Index, which tracks stocks traded in Shanghai and Shenzhen, lost 89.84, or 2.3 percent, to 3,815.08 as of 1:06 p.m. local time, the most since May 7. More than four stocks fell for each that advanced and nine of the 10 industry groups were lower.
“There'll be knock-on effects from the quake,'' said Ivan Leung, Hong Kong-based chief investment strategist at JPMorgan Private Bank, which oversees $400 billion in assets. “There'll be infrastructure constraints.''
The Shanghai Composite Index, which tracks stocks on the larger of the nation's two exchanges, fell 2.8 percent to 3,523.94. The Shenzhen Composite Index declined 1.8 percent to 1,092.37.
China Merchants Bank Co. declined 2.9 percent to 30.80 yuan and Shanghai Pudong Development Bank Co. slipped 3.7 percent to 28.20 yuan after the central bank ordered lenders to set aside a record 16.5 percent in deposits as reserves.
The Shanghai and Shenzhen stock exchanges suspended trading in 66 listed companies based in Sichuan province and Chongqing city pending updates from the companies.
PetroChina declined 3.8 percent to 17.19, the most since April 28. China Petroleum & Chemical Corp., which said there hasn't been a “huge impact'' on its operations from the earthquake, dropped 3.4 percent to 11.68 yuan. China Life fell 6 percent to 31.20 yuan, the most since May 7.

bloomberg.com

These are among the top sports events of the week. Coverage of most of these events will move on this circuit
thru 13, Augusta, Georgia _ golf, U.S. PGA, Masters.
thru 13, Morelia, Mexico _ golf, U.S. LPGA, Corona Championship.
thru 13, various sites _ tennis, Davis Cup World Group: Russia vs. Czech Republic, Argentina vs. Sweden, Germany
vs. Spain, United States vs. France. EUROPE/AFRICA: Croatia vs. Italy, Netherlands vs. Macedonia, Belarus vs. Switzerland, Slovakia vs. Georgia, Luxembourg vs. Denmark, Finland vs. South Africa, Algeria vs. Hungary, Monaco vs. Greece, Ukraine vs. Egypt, Ireland vs. Morocco, Cyprus vs. Slovenia, Portugal vs. Tunisia. AMERICAS: Chile vs. Canada, Brazil vs. Colombia, Ecuador vs. Dominican Republic, Bahamas vs. Paraguay, Netherlands Antilles vs. Bolivia; Venezuela vs. El Salvador. ASIA/OCEANIA: Australia vs. Thailand, India vs. Japan, Kazakhstan vs. Taiwan, Philippines vs. Uzbekistan, Indonesia vs. China, Kuwait vs. New Zealand, Hong Kong vs. Lebanon, Oman vs. Pacific Oceania.
thru 13, Amelia Island, Florida _ tennis, WTA, Bausch & Lomb Championships.
Beijing _ Olympics, IOC executive board.
thru 15, Kanpur, India _ cricket, India vs. South Africa, 3rd test.
Faisalabad, Pakistan _ cricket, Pakistan vs. Bangladesh, 2nd ODI.
thru 13, Manchester, England _ swimming, world short-course championships.
thru 12, various, Spain _ cycling, UCI ProTour, Tour of Basque Country.
thru 12, Harbin, China _ ice hockey, women’s world championship.
thru 13, Kakamigahara, Japan _ field hockey, men’s Olympic qualifier.
thru 13, Grand Forks, North Dakota _ curling, men’s world championship.
thru 20, Lignano Sabbiadoro, Italy _ weightlifting, European Championships.
thru 21, Beijing _ shooting, World Cup.
thru 13, Zheng Zhou, China _ taekwondo, Asian championships.
Port-of-Spain, Trinidad _ cricket, West Indies vs. Sri Lanka, 2nd ODI.

pr-inside.com

We hope you are busy preparing your 1 Full Minute entry, but if you haven’t heard about the contest, you’re in luck. Do you know a kid age 6 - 18 who can say in one full minute why they want to cheer on the Whitecaps at a new Whitecaps Waterfront Stadium? They could win a trip for four to Montreal to catch the Whitecaps vs. the Impact, in the opening game at the brand new Saputo Stadium.
The contest closes April 8, so get your entry in soon!
With training camp well under way for the men’s squad, defender Luca Bellisomo is keeping us onside with his ongoing ‘Bellisomo Blog’. Luca gives us a peak at a pro training camp, covering everything from how he kills time on the road in Seattle, to the breakfast plan that team nutritionist Jennifer Gibson created from a Denny’s menu, to Taka and Serge’s strange attempt at communication.
Check it out…
GOLTV to air live coverage of Canadian Women’s Olympic Qualifying Matches
GOLTV Canada, the 24-hour all soccer network, announced today that it has acquired live broadcasting rights to air the Canadian women’s national team’s first three matches at this month’s CONCACAF region Olympic qualifying tournament in Juarez, Mexico.
Beginning this evening at 5:00 p.m. PT, GOLTV will air live coverage of Canada’s opening round match against Trinidad & Tobago. On Sunday, April 6, they will broadcast live coverage of Canada’s second and final preliminary round contest against Costa Rica at 10:00 a.m. PT. The semi-finals for the CONCACAF region Olympic qualifying tournament are set for Wednesday, April 9 and GOLTV will have live coverage of both semi-final matches beginning at 4:00 p.m. PT and 6:30 p.m. PT respectively. The winners of each semi-final match will automatically qualify to compete at the 2008 Olympic Games in Beijing, China.

oursportscentral.com