Saturday, March 30, 2013

30-Mar-2013 19:41

Will The Chinese Buy A Tesla? :: Will the Chinese buy A Tesla? The management of Tesla Motors, Inc. (NasdaqGS:TSLA) certainly hopes so. At the Detroit Auto Show, Tesla announced its plans to open a dealership in Beijing — its first store in China — this spring. George Blankenship, the company’s vice president of worldwide sales, said the store will house an [...]
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Hon Hai boss says Sharp deal is 'definitely not off' :: (ChinaPost.com.tw) - The head of Taiwan's Hon Hai group insisted Thursday that a planned investment with Sharp "is definitely not off" after the Japanese firm said the deadline for a deal had lapsed without any pact.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374545/Hon-Hai.htm

Hon Hai mum on Google eyewear reports :: (ChinaPost.com.tw) - Hon Hai Precision Industry Co., the world's largest contract electronics manufacturer, declined Thursday to comment on a report that it has been tapped to assemble Google Inc.'s futuristic digital eyewear at a facility in the United States.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374546/Hon-Hai.htm

Sourcing Taiwan may bring in US$5 bil. :: (ChinaPost.com.tw) - Sourcing Taiwan 2013, a government-sponsored trade show designed to attract international buyers, may bring in US$5 billion orders for domestic companies, the Taiwan External Trade Development Council (TAITRA) said yesterday.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374548/Sourcing-Taiwan.htm

Research group offers petrochemical sector guidance :: (ChinaPost.com.tw) - The Industrial Economics and Knowledge Research Center (IEK, 工研院) offered guidance for Taiwan's petrochemical industry in 2013 at an industry forum yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/29/374549/Research-group.htm

Taiwan, NZ making great trade pact progress: envoy :: (ChinaPost.com.tw) - Taiwan and New Zealand are making great progress in their negotiations over a bilateral economic cooperation agreement, according to New Zealand's envoy to Taiwan.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/29/374550/Taiwan-NZ.htm

Central Bank of ROC leaves key interest rates unchanged :: (ChinaPost.com.tw) - Taiwan's central bank has decided to leave key interest rates unchanged throughout 2013, after a policymaking meeting Thursday.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374551/Central-Bank.htm

Worldwide LCD panel market expected to stabilize in 2013 :: (ChinaPost.com.tw) - The worldwide liquid crystal display (LCD) panel market will become more balanced this year after seeing a shortage last year, market research and consulting firm NPD DisplaySearch said Thursday.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374552/Worldwide-LCD.htm

NAND Flash prices to peak in mid-April: PHISON chair :: (ChinaPost.com.tw) - PHISON Electronics (群聯電子) Chairman Pan Jian-cheng (潘建成) yesterday predicted prices of NAND Flash memory will reach a peak in mid-April, with the price stabilizing toward the end of the month.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374554/NAND-Flash.htm

BRICS plan development bank to fund infrastructure :: (ChinaPost.com.tw) - Leaders of five of the world's emerging economic powers agreed Wednesday to create a development bank to help fund their US$4.5 trillion infrastructure plans — a direct challenge to the World Bank, which they accuse of Western bias.

http://www.chinapost.com.tw/business/asia/asian-market/2013/03/29/374555/BRICS-plan.htm

Cyprus bailout not expected to be last for the ailing eurozone: survey :: (ChinaPost.com.tw) - Cyprus probably won't be the last eurozone country to ask for an international bailout, according to a Reuters poll of economists, who cited Spain and Slovenia as the likeliest candidates.

http://www.chinapost.com.tw/business/europe/2013/03/29/374556/Cyprus-bailout.htm

Judge OKs American-US Airways merger, stops short on severance :: (ChinaPost.com.tw) - American Airlines won bankruptcy court approval Wednesday to combine with U.S. Airways and form the world's biggest airline.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374557/Judge-OKs.htm

BOJ chief says Japan economy on the mend :: (ChinaPost.com.tw) - Japan's economy has stopped weakening and should show signs of recovery by midyear, the newly appointed central bank governor said Thursday, as weaker-than-expected retail sales for February underscored the challenge he faces in restoring consumer confidence.

http://www.chinapost.com.tw/business/asia/japan/2013/03/29/374558/BOJ-chief.htm

Swiss Re to take US$610 mil. and end dispute with Warren Buffett :: (ChinaPost.com.tw) - Swiss Re, one of the world's biggest reinsurance groups, on Thursday said it had settled a dispute with billionaire Warren Buffett's Berkshire Hathaway over a 2010 insurance policies deal, and would accept a settlement of US$610 million from the U.S. company.

http://www.chinapost.com.tw/business/europe/2013/03/29/374559/Swiss-Re.htm

Publisher speeds up e-book access for libraries in sudden policy flip :: (ChinaPost.com.tw) - The publisher of Khaled Hosseini, Harlan Coben and other popular authors has decided that it's comfortable with letting libraries offer e-book editions of brand new releases.

http://www.chinapost.com.tw/business/americas/2013/03/29/374560/Publisher-speeds.htm

SandP raises Turkey's debt rating by one notch, not yet investment grade :: (ChinaPost.com.tw) - Standard and Poor's raised its sovereign debt rating for Turkey by one step to "BB+" on Wednesday, citing the boost given to the government's finances from improved exports.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374561/SandP-raises.htm

Fiat 500 sales likely to hit 100,000 in North America: division chief :: (ChinaPost.com.tw) - Fiat is on track to reach 100,000 sales of the Fiat 500 in North America within months, two years after the small car's launch, the company's North America division head said Wednesday.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374562/Fiat-500.htm

Wal-Mart could get customers to deliver packages to online buyers :: (ChinaPost.com.tw) - Wal-Mart Stores Inc. is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc.

http://www.chinapost.com.tw/business/global-markets/2013/03/29/374564/Wal-Mart-could.htm

Corn plunges on higher-than-forecast stocks :: (ChinaPost.com.tw) - Corn plunged Thursday after the government reported that inventories were higher than expected and that farmers intend to plant the most corn in almost 80 years.

http://www.chinapost.com.tw/business/global-markets/2013/03/30/374571/Corn-plunges.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 [...]
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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 [...]
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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 [...]
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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, [...]
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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

Hope Springs Eternal: Electric Vehicles in China :: Hope springs eternal — and nowhere is it gushing more strongly than with electric vehicle enthusiasts all over the world. In the United States, investors in Tesla Motors, Inc. (NasdaqGS:TSLA), the U.S. maker of electric sports cars, seem to be shrugging off the fact that the company is losing a $100 million a quarter, the [...]
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China's Film Industry :: Anticipation grew in advance of Monday's 85th Academy Awards, "Oscar Fever" spread throughout the world, including China. Even though the country had no films in the competition, the buzz could be heard before, during and after the annual Hollywood event. Just 30 minutes into the ceremonies, "Oscars" was the top trending topic on Sina Weibo, [...]
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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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