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| | Toyota, Mitsubishi lead Asia in Fortune Global top 500 (Site not responding. Last check: ) |
 | | The top two Chinese companies, ranked at 16 and 17 in the Asian survey and 70 and 77 on the Global list, were China National Petroleum Corp. and China Petrochemical Corp. (Sinopec), with China Mobile Communications at 50 and 230, while Malaysia had a single entrant, the national oil company Petronas at 42 and 204. |
 | | Fortune, which establishes the rankings according to revenues, said last year was a very difficult one with its parent company AOL Time Warner alone reporting a massive loss of some 98.7 billion dollars and accounting for half of the drop in profits for the year. |
 | | Asian companies ranked in the Global 500 list for the first time included China Life Insurance at number 290, Kookmin Bank of South Korea at 330, recently listed Seiko Epson of Japan at 463 and Kawasaki Heavy Industries at 500. |
| money.inq7.net /breakingnews/view_breakingnews.php?yyyy=2003&mon=07&dd=07&file=7 (376 words) |
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