Saturday, February 23, 2013

23-Feb-2013 18:54

United says removing Boeing 787 from flight plans :: (ChinaPost.com.tw) - United Continental Holdings said on Thursday it was taking Boeing Co's grounded 787 Dreamliner out of its flying plans through June 5, except for a Denver-to-Tokyo route scheduled for a tentative launch in May.

http://www.chinapost.com.tw/business/company-focus/2013/02/22/370994/United-says.htm

Industry leaders brief government over 4G LTE :: (ChinaPost.com.tw) - The 2013 Taipei Telecom Show (2013電信暨智慧生活展) began yesterday with industry leaders providing advice to the government on the movement toward the new fourth-generation (4G) or long-term evolution (LTE) mobile network.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/22/371007/Industry-leaders.htm

Gov't seen as a pushover in CHB-Taishin deal: expert :: (ChinaPost.com.tw) - The Ministry of Finance is opposing a merger between the quasi-state Chang Hwa Bank and Taishin Commercial Bank because of the perception that Taishin is calling all the shots, said an expert yesterday.

http://www.chinapost.com.tw/business/global-markets/2013/02/22/371008/Govt-seen.htm

Prices for old apartments in Taipei city fall 10.84%: firm :: (ChinaPost.com.tw) - Taipei City's old apartments saw prices fall by 10.84 percent over the four-month period after the implementation of the real-value home registration system, said the HandB Group yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/22/371009/Prices-for.htm

Mega Bank chairman satisfied with profits, sees fiscal rebound :: (ChinaPost.com.tw) - Mega Financial Holding Co. (兆豐金控) Chairman McKinney Tsai (蔡友才) said yesterday the profits accumulated by Mega Bank's overseas branches last year took a 53-percent share of the total profits of the Mega banking group.

http://www.chinapost.com.tw/business/global-markets/2013/02/22/371010/Mega-Bank.htm

Ledtech reports 9.21% increase in Jan. sales :: (ChinaPost.com.tw) - Ledtech, an light-emitting diode (LED) packaging firm, yesterday reported January consolidated sales of NT$148 million, a rise of 9.21 percent from December last year.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/22/371012/Ledtech-reports.htm

Global large flat panel shipments dip 10.4% in Jan. :: (ChinaPost.com.tw) - Global shipments of large flat screens for January fell more than 10 percent from the previous month, a reflection of the slow-season effect, according to a research report published yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/22/371013/Global-large.htm

Shares on local bourse fall on Wall Street's weakness :: (ChinaPost.com.tw) - Shares in Taiwan lost ground yesterday, ending below 8,000 points, as investors took cues from a weakening Wall Street overnight amid fears that the U.S. Federal Reserve will scale back its liquidity easing measures, dealers said.

http://www.chinapost.com.tw/business/asia-taiwan/2013/02/22/371014/Shares-on.htm

Foxconn slows hiring in China, denies iPhone link :: (ChinaPost.com.tw) - Taiwan technology giant Foxconn has slowed new hiring at its vast China factories, it said Thursday, but denied the move was linked to weak demand for Apple's iPhone 5, which it produces.

http://www.chinapost.com.tw/business/global-markets/2013/02/22/371016/Foxconn-slows.htm

New S. Korea leader vows 'pre-emptive' money move :: (ChinaPost.com.tw) - South Korea's incoming president Park Geun-hye has signalled her administration's willingness to step in to stabilise the won and protect exporters battling a stronger Korean currency and a weaker yen.

http://www.chinapost.com.tw/business/asia/korea/2013/02/22/371017/New-S.htm

US economy at risk in new Obama-Republican Party debt ceiling clash :: (ChinaPost.com.tw) - America's political leaders are once again playing Russian Roulette with the world's single largest economy.
Fresh from a debt ceiling showdown and year-end fiscal cliff brinkmanship, President Barack Obama and Republicans are now locked in a test of wills over huge budget cuts due to come into force on March 1.

http://www.chinapost.com.tw/business/americas/2013/02/22/371018/US-economy.htm

EU takes step toward China solar panel duties: sources :: (ChinaPost.com.tw) - EU member states have approved a European Commission plan to register solar panels from China, EU diplomats said, as the latest step toward duties on the 21-billion-euro (US$28.08 billion) import market.

http://www.chinapost.com.tw/business/europe/2013/02/22/371019/EU-takes.htm

US CEO ridicules 'so-called' French workers :: (ChinaPost.com.tw) - A straight-talking U.S. businessman and a European socialist government were never likely to become the firmest of friends, but a letter from Maurice Taylor, CEO of tire-maker Titan International, blasting the French work-ethic has ruffled France's feathers.

http://www.chinapost.com.tw/business/americas/2013/02/22/371020/US-CEO.htm

Fraudsters hit foreign firms in Switzerland :: (ChinaPost.com.tw) - Fraudsters have been telephoning employees at local branches of international companies in Switzerland pretending to be top executives and asking for urgent money transfers, Swiss police said on Monday.

http://www.chinapost.com.tw/business/europe/2013/02/22/371021/Fraudsters-hit.htm

Boeing to redesign batteries: report :: (ChinaPost.com.tw) - U.S. aerospace giant Boeing is set to propose Friday repairs to the battery problems in its grounded 787 Dreamliner jets that could have them fly again within two months, The New York Times said Thursday.

http://www.chinapost.com.tw/business/americas/2013/02/22/371022/Boeing-to.htm

Brazil, Russia move closer to arms, tech deals :: (ChinaPost.com.tw) - Brazil agreed on Wednesday to negotiate the purchase of Russian anti-aircraft missile batteries on the condition that Russia transfer the technology to Brazilian defense companies without restrictions.

http://www.chinapost.com.tw/business/europe/2013/02/22/371023/Brazil-Russia.htm

EU sugar quota plan may make consumers pay more for longer :: (ChinaPost.com.tw) - European consumers look set to pay a premium on sugar for longer, even while global prices bump along at 2 1/2-year lows, as the European Union debates extending the years of protection for sugar beet farmers and processors.

http://www.chinapost.com.tw/business/europe/2013/02/22/371025/EU-sugar.htm

Oil snaps 2 days of steep losses, gains modest :: (ChinaPost.com.tw) - The price of oil snapped two days of steep losses Friday. Ample supplies and worries about the global economic outlook kept gains in check.

http://www.chinapost.com.tw/business/global-markets/2013/02/23/371064/Oil-snaps.htm

A123: Another Test For China's U.S. Expansion Plans :: The pending auction of the battery business of A123 Systems, Inc. (OTC Markets: "AONEQ") will present yet another test for the U.S. expansion plans of Chinese companies interested in becoming global players. On October 16, A123, a Massachusetts-based company that designs, develops, manufactures, and sells rechargeable lithium-ion batteries and energy storage systems, filed for bankruptcy [...]
http://managingthedragon.com/?p 18

Managing The Dragon's 2013 China Predictions :: In December, I had an opportunity to speak about China to audiences in such diverse cities as New York, Philadelphia, Anchorage, Cincinnati, Pittsburgh and Reno. The audiences represented a wide range of occupations—from hedge fund and investment managers to ordinary investors, business men and women, students and government officials. As a result, I received a [...]
http://managingthedragon.com/?p 48

Canada Greenlights CNOOC's Purchase of Nexen :: Last Friday, the Canadian government approved China's biggest overseas energy acquisition, a $15.1 billion takeover of Nexen Inc. (NYSE: "NXY") by CNOOC Ltd. (NYSE: "CEO"). State-owned CNOOC is China's largest offshore driller, while Nexen is a Calgary based independent energy company that operates in Canada, the United Kingdom, and the United States, and offshore West [...]
http://managingthedragon.com/?p 31

Opportunities In China: The Next 10 Years :: In his keynote speech at the opening of the 18th National Congress of China's Communist Party, Hu Jintao, the outgoing President of China, set a new target for economic growth, saying that China should double its 2010 GDP and per capita income by 2020. “On the basis of making China’s development much more balanced, coordinated and [...]
http://managingthedragon.com/?p93

Air Quality In China :: The ink on the paper with my predictions for China was barely dry when what may become "the" story of 2013 came onto the scene—air quality. If I knew then what I know now, I would have had to have included a discussion about air quality. In the run-up to the Beijing Olympics in 2008, [...]
http://managingthedragon.com/?p 57

Wrapping Up The Year Of The Dragon :: Self-criticism is an essential element of critical thought that many regard as healthy and necessary for learning. From a purely medical point of view, engaging in self-criticism activates areas of the brain that are responsible for processing error detection and correction. In China, self-criticism is one of the oldest Confucian practices. Every year at this [...]
http://managingthedragon.com/?p 46

Winners And Losers In China's Passenger Car Industry :: For the first 10 months of 2012, a total of 10.8 million passenger cars were sold in China, up 7.6 percent from the comparable period last year. China is now, by far, the largest passenger car market in the world, and given its size and importance, investors want to know: "Who is winning and who [...]
http://managingthedragon.com/?p89

Happy Thanksgiving to MTD's Readers :: Having lived in China for the past 20 years, one question I'm frequently asked is: "What about the United States do you miss most?” For my wife and me, the answer to that question is easy—the holidays. On the Fourth of July, Memorial Day, or Labor Day, when everyone in the States is taking a [...]
http://managingthedragon.com/?p 09

Major Trends in China: The Next 10 Years :: As Xi Jinping and Li Keqiang take the reins of power from Hu Jintao and Wen Jiabao, they face many challenges, some so staggering that one wonders how they can ever be addressed. The major themes and trends that will influence the course of China's economic development over the next ten years will be defined [...]
http://managingthedragon.com/?p 16

China Passenger Car Sales Surge in January :: The timing of Spring Festival must always be taken into account when analyzing vehicle sales in the first two months of the year in China, but by any measure, passenger car sales were very strong in January. In the first month of the Year of the Snake, passenger car sales surged to 1.49 million units, [...]
http://managingthedragon.com/?p 65

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