HSBC's Asia moves may force StanChart China Daily | LONDON: HSBC Holdings Plc's decision to move Chief Executive Officer Michael Geoghegan and three more top bankers to Hong Kong from London may force Standard Chartered Plc to follow its example, money managers and analysts said. | Geoghegan moved to Hong Kong this month, joining Sandy Flockhart, c...
Cruise trends: Ships shaping up Chicago Sun-Times | If you’re planning a cruise vacation this year, get ready for higher prices, better entertainment, water parks and one of the most innovative concepts to come along in a while: rooms designed for solo travelers on the Norwegian Epic, without the supplemental charge that single passengers on cruise...
AIG retreat opens Asia to its rivals China Daily | NEW YORK - American International Group Inc (AIG), whose history in insurance spans 90 years from a Shanghai start-up to the biggest US bailout, is swapping its roots in Asia for cash as rivals seek to expand beyond shrinking markets. | AIG's plann...
UK's Pru to buy AIG Asia unit for $35.5 bln The Guardian * Pru to raise $21 billion via rights issue * Rights discount of 40 pct "reasonable assumption" - CEO * AIG to pay down debt with proceeds * AIG shares up 4.1 pct, Prudential down 12 pct (Adds background, updates AIG shares) By Myles Neligan LONDON, ...
Ecotality gets $300 million credit line to help expansion The Business Review Send this story to a friend | Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: | Enter words from the security image above: | | | reCAPTCHA™ | has received a $300 million credit facility t...
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Philips sells shares in Hong Kong's TPV Inquirer | THE HAGUE—Dutch electronics giant Philips said Tuesday it had finalised the sale of 200 million shares in Hong Kong-based flat screen producer TPV Technology for a net $130 milli...
Report: NKorea Has Medium-Range Missile Division The New York Times | Filed at 12:14 a.m. ET | SEOUL, South Korea (AP) -- North Korea has recently created an army division in charge of newly developed intermediate-range missiles capable of striking...
Samsung, LG Display Push LCD Investment Korea Times | By Kim Yoo-chul | Samsung Electronics and LG Display, the world's two biggest producers of liquid crystal display (LCD) panels, are vowing to boost output, which has some industr...
Scientists relying on foreign technology China Daily | BEIJING: China spends billions of dollars importing high-end scientific instruments every year, and its global competitiveness in manufacturing this technology is dwindling, a survey has found. | Conducted by Peking University and the National Cent...
Poll: Job growth is in second-tier regions China Daily | Spring Festival is over and the year-end bonuses have been handed out. So for some, now is the time to change jobs. But where are the opportunities and in what sectors? | Forget bigger cities such as Beijing, Shanghai and Guangzhou. The best job pr...
COFCO Property net profit up 163% in 2009 China Daily | BEIJING - COFCO Property, a leading real estate developer in China, said Wednesday its net profit for 2009 jumped 163 percent year-on-year to 373.5 million yuan ($54.69 million) on sales boom. | Last year's sales revenue totaled 2.01 billion yuan, ...
US ponders China's Southeast Asian rise Asia Times | By Peter J Brown | The United States-China Economic and Security Review Commission (USCC) last month held a lengthy hearing on China's activities in Southeast Asia and the implications for US interests in the strategic region. The USCC was addressed by five members of the US Congress, a pair of senior US government officials and 10 experts and ca...
US ponders China's Southeast Asian rise Asia Times | By Peter J Brown | The United States-China Economic and Security Review Commission (USCC) last month held a lengthy hearing on China's activities in Southeast Asia and the implications for US interests in the strategic region. The USCC was addressed by five members of the US Congress, a pair of senior US government officials and 10 experts and ca...
