Wednesday, August 28, 2013

28-Aug-2013 18:16

Smithfield and Shuanghui: Two Pigs in a Blanket? :: It may not be the oldest profession in the world, but pig production has to be up there in terms of history. China has been producing pigs for more than 2,000 years, well before the United States was even a gleam in the eyes of the Founding Fathers. So, how can the largest pork producer [...]
http://managingthedragon.com/?p!15

Chinese Carmakers Go Global :: You may not see Chinese cars in showrooms in the United States, Germany or Italy anytime soon, but you're liable to see them everywhere else you travel. While emissions, safety and quality requirements in the most developed countries of the world may be too difficult for China's local car makers to overcome in the near [...]
http://managingthedragon.com/?p!43

The Reality Of Electric Cars In China :: Everyone is excited about the potential for electric cars in China — except the companies actually making cars in China! At the Detroit Auto Show in January of this year, Tesla announced its plans to open a dealership in Beijing — its first store in China. George Blankenship, the company's vice president of worldwide sales, [...]
http://managingthedragon.com/?p!27

China: Getting Serious About Air Pollution? :: Sunday looked like a pretty clear day when I woke up yesterday  in Beijing, one of the best we've had in a few weeks. However, when I checked my Air Quality Index ("AQI") application, one that nearly all Beijingers have now installed on their cell phones, it stood at a decidedly "unhealthy" 145. So much [...]
http://managingthedragon.com/?p!45

Managing an Empowered Work Force in China ::   By now, many people have heard of Chip Starnes, the 42-year-old CEO of Florida-based Specialty Medical Supplies, who was held for six days against his will in the company's suburban Beijing factory. Starnes has appeared on CNBC Squawk Box, Bloomberg and countless other news shows, and the story of his "detainment" has been covered [...]
http://managingthedragon.com/?p!29

Apple: Another Lesson on What Not to Do in China :: Sometimes, too much success in China can create its own set of challenges. Ironically, the very success that Apple Inc. (NasdaqGS: AAPL) has had selling its products to Chinese consumers may be at least part of the reason why the Cupertino, California company found itself at odds with the powers that be in China in [...]
http://managingthedragon.com/?p 89

Shale Gas: China's Untapped Resource :: When I met recently with a senior investment officer from China Investment Corporation ("CIC"), the country's sovereign wealth fund, I was told that CIC is very bullish on the United States. Why? In CIC's opinion, the existence of large shale gas reserves in the U.S. will provide a massive shot in the arm for the [...]
http://managingthedragon.com/?p!21

Feeding China's Population :: Food — providing enough of it at acceptable levels of quality and at an affordable cost is shaping up to be one of China's most challenging problems. Lax quality control, production shortcuts, urbanization and rising consumer spending are all combining to turn the spotlight on China's food supply chain, creating problems, but also opportunities, for [...]
http://managingthedragon.com/?p!03

China's Car Sales Surge — Again! :: After respectable — but low for China — growth of 7.7 percent in 2012, car sales surged by 21.6 percent during the first quarter of 2013. Even more surprising was the fact that sales of Chinese brands increased even faster than the overall market. Sales by the local car companies increased by 33.6 percent during [...]
http://managingthedragon.com/?p 94

Amgen buying cancer drug maker Onyx for US$10.4 bil. :: (ChinaPost.com.tw) - Biotech drugmaker Amgen will buy cancer drug maker Onyx Pharmaceuticals for about US$10.4 billion in cash in a deal that will add several cancer drugs to Amgen's stable and add to its pipeline of new drugs.

http://www.chinapost.com.tw/business/americas/2013/08/27/387447/Amgen-buying.htm

ECB not to keep rates low for years: Weidmann :: (ChinaPost.com.tw) - The European Central Bank is unlikely to keep its interest rates low for years, the head of the German Bundesbank said on Monday, but warned that the eurozone crisis is far from over.

http://www.chinapost.com.tw/business/global-markets/2013/08/27/387448/ECB-not.htm

ING to sell S. Korea insurance arm :: (ChinaPost.com.tw) - Dutch banker ING is selling its South Korean life insurance arm ING Life Korea to private equity firm MBK Partners in a deal worth 1.24 billion euros (US$1.6 billion), it said on Monday.

http://www.chinapost.com.tw/business/global-markets/2013/08/27/387449/ING-to.htm

Argentina to pay debt as before US court ruling: minister :: (ChinaPost.com.tw) - Argentina will continue repaying its debt on the same terms, the country's economy minister said Sunday after Buenos Aires lost an appeal in a U.S. court in its case against unhappy creditors.

http://www.chinapost.com.tw/business/middle-east/2013/08/27/387451/Argentina-to.htm

British firms halt Super Puma flights after North Sea crash :: (ChinaPost.com.tw) - British aviation firms have suspended all flights of Super Puma helicopters after four people were killed in the latest in a series of accidents in the North Sea oilfields, officials said Sunday.

http://www.chinapost.com.tw/business/europe/2013/08/27/387452/British-firms.htm

ANA Dreamliner suffers from weather radar malfunction during Japan flight :: (ChinaPost.com.tw) - A Dreamliner flight from Tokyo made a U-turn after its weather radar malfunctioned on Monday, its Japanese operator said.
While the error is not uncommon among other plane models it is the latest glitch for the once-grounded high-tech plane after a run of more serious setbacks.

http://www.chinapost.com.tw/business/global-markets/2013/08/27/387453/ANA-Dreamliner.htm

Instagram and other sites go down as Amazon Web unit suffers difficulties :: (ChinaPost.com.tw) - Amazon's unit that runs Web servers for other companies had problems Sunday that coincided with outages or slowdowns on several popular websites.

http://www.chinapost.com.tw/business/global-markets/2013/08/27/387455/Instagram-and.htm

AstraZeneca to purchase US cancer company for up to US$500 million :: (ChinaPost.com.tw) - AstraZeneca PLC took a further step to bolster its pipeline of new cancer drugs on Monday by agreeing to acquire privately held U.S. biotech company Amplimmune for up to US$500 million.

http://www.chinapost.com.tw/business/global-markets/2013/08/27/387456/AstraZeneca-to.htm

Sinopec first-half profit up 24 percent following reforms to price controls :: (ChinaPost.com.tw) - Chinese state-owned oil company Sinopec's first-half profit rose by about a quarter as reforms to fuel price controls ended losses at its refining business.

http://www.chinapost.com.tw/business/global-markets/2013/08/27/387457/Sinopec-first-half.htm

Oil rises above US$106 a barrel as conflict in Syria continues to rage :: (ChinaPost.com.tw) - The price of oil rose above US$106 a barrel Tuesday after a U.S. official said there was strong evidence that Syria used chemical weapons against civilians, a sign that Washington might be considering a military strike against President Bashar Assad's regime.

http://www.chinapost.com.tw/business/global-markets/2013/08/28/387484/Oil-rises.htm

Local shares end down as market in consolidation :: (ChinaPost.com.tw) - Shares in Taiwan closed at the day's low Tuesday as turnover remained weak, and dealers expected the local market to remain in a consolidation mode in the near future.

http://www.chinapost.com.tw/business/asia-taiwan/2013/08/28/387527/Local-shares.htm

China Autos Speeding Ahead :: China's overall economy may be growing slower than expected, but don't tell that to China's auto makers. Unit sales for the first six months of 2013 grew by an amazing 17 percent to 7.8 million. That's more than twice the rate of overall economic growth projected for China in 2013. The World Bank's latest forecast [...]
http://managingthedragon.com/?p!37

Indian rupee hits record low over political morale :: (ChinaPost.com.tw) - The Indian rupee hit a record low and shares slumped on Tuesday after parliament's approval of a US$20 billion plan to provide cheap grain to the poor renewed doubts about the government's resolve to control spending ahead of elections due next year.

http://www.chinapost.com.tw/business/asia/india/2013/08/28/387540/Indian-rupee.htm

German business sentiment soars to high :: (ChinaPost.com.tw) - A pick-up in manufacturing drove German business sentiment to its highest level in 16 months in August, adding to evidence that Europe's largest economy is bouncing back from a brief slowdown.

http://www.chinapost.com.tw/business/europe/2013/08/28/387541/German-business.htm

BATS, Direct Edge merging to form 2nd US stock exchange :: (ChinaPost.com.tw) - Electronic exchange operators BATS Global Markets and Direct Edge Holdings announced Monday they would merge to create the second-largest stock exchange in the United States.

http://www.chinapost.com.tw/business/global-markets/2013/08/28/387542/BATS-Direct.htm

Vienna goes brand crazy in luxury facelift :: (ChinaPost.com.tw) - Half a dozen new five-star hotels, flagship stores for Louis Vuitton, Prada and Emporio Armani: Vienna is undergoing a luxury facelift that is delighting Arab, Asian and Russian tourists, as well as locals.

http://www.chinapost.com.tw/business/global-markets/2013/08/28/387543/Vienna-goes.htm

Starbucks to open first ever branch in Colombian capital :: (ChinaPost.com.tw) - Starbucks announced plans Monday to open its first cafe in Colombia, where the popular Juan Valdez chain has a very firm foothold.

http://www.chinapost.com.tw/business/global-markets/2013/08/28/387544/Starbucks-to.htm

Philip Morris gets small win in Thailand in battle against health warnings :: (ChinaPost.com.tw) - Tobacco giant Philip Morris has won a temporary victory in its fight to keep larger health warnings off cigarettes for sale in Thailand.

http://www.chinapost.com.tw/business/global-markets/2013/08/28/387545/Philip-Morris.htm

Italy borrowing costs mixed in huge bond deal amid tensions :: (ChinaPost.com.tw) - Italy raised nearly 4.0 billion euros (US$5.3 billion) in a bond auction on Tuesday, with borrowing costs rising for short-term bills as fresh political uncertainty grips the eurozone's third-biggest economy.

http://www.chinapost.com.tw/business/europe/2013/08/28/387546/Italy-borrowing.htm

South African growth quickens to three percent in 2nd quarter :: (ChinaPost.com.tw) - Growth of the South African economy, the biggest in Africa, accelerated sharply to 3 percent in the second quarter, official data showed on Tuesday, despite labor turmoil and a weak rand.

http://www.chinapost.com.tw/business/africa/2013/08/28/387547/South-African.htm

Billabong brand value collapses, three-quarter billion dollar loss :: (ChinaPost.com.tw) - Billabong reported a US$769 million annual loss Tuesday that reflects a collapse in the value of its once hot surf and street fashion brands.

http://www.chinapost.com.tw/business/asia/australia/2013/08/28/387548/Billabong-brand.htm

JPMorgan must pay millions to to billionaire over investment :: (ChinaPost.com.tw) - JPMorgan has been ordered to pay billionaire Leonard Blavatknik US$42.5 million damages in relation to a soured investment in mortgage-backed securities.

http://www.chinapost.com.tw/business/global-markets/2013/08/28/387549/JPMorgan-must.htm

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