MITSUI TO SELL STAKE IN BRAZIL-BASED BIOETHANOL JV TO DOW..

SHELL has cancelled its Carmon Creek oil sands project in western Canada due in part to a shortage in pipeline capacity.

The oil giant says the decision to halt construction of the 80,000 bbl/d project will cost US$2bn in writedown charges and will remove 418m bbl of bitumen from its reserves list. 

http://www.tcetoday.com/latest%20news/2015/october/shell-cancels-canadian-oil-sands-project

1. Samsung Electronics Shakes TSMC’s Dominance in Foundry Business

Competition between Korea’s Samsung Electronics and TSMC of Taiwan is flaring up in getting the upper hand in the foundry market.

http://english.hankyung.com/news/apps/news.view?popup=0&nid=&c1=03&nkey=201510010825251

2. National Pension Service Relies Way Too Much on Domestic Stock Market

The excessive investment share in the domestic stock market by the National Pension Service is more pronounced when compared with what pension funds in other countries are doing

http://english.hankyung.com/news/apps/news.view?popup=0&nid=&c1=02&nkey=201510010815151

3. Hyundai Motor Breaks 3 Mil. Mark in Cumulative Shipments in the Middle East

Hyundai Motor announced on September 29 that its cumulative shipments to the Middle East passed the 3-million mark.

http://english.hankyung.com/news/apps/news.view?popup=0&nid=0&c1=04&newscate=1&nkey=201509300830351

The S&P index for chemical companies fell by 6.5% in August, while the broader S&P 500 index also fell 6.3%,

http://www.chemengonline.com/chemical-equity-performance-fell-august-acc-report-says/