Merger delays send down stock of MediaTek, MStar :: (ChinaPost.com.tw) - Shares of MediaTek and MStar fell yesterday after MediaTek moved the merger date between the two companies from Jan. 1 to May 1.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/07/363353/Merger-delays.htm
HTC reports 23% sales increase in NovemberThe China Post news staff :: (ChinaPost.com.tw) - Leading Taiwan smartphone maker HTC yesterday reported November sales of NT$21.2 billion, a rise of 23 percent from the NT$17.2 billion for October.
http://www.chinapost.com.tw/business/global-markets/2012/12/07/363354/HTC-reports.htm
DBS Bank reaffirms commitment to SMEs with new banking centers :: (ChinaPost.com.tw) - DBS Bank (Taiwan) Wednesday held the inauguration ceremony for two new DBS small to medium enterprise (SME) banking centers. The Banxin and Jixian SME centers located in New Taipei demonstrate DBS Taiwan's commitment to supporting Taiwanese SMEs and fulfilling their needs.
http://www.chinapost.com.tw/business/global-markets/2012/12/07/363355/DBS-Bank.htm
IPhone 5S unlikely to change next-gen tech: analyst :: (ChinaPost.com.tw) - Apple Inc. is unlikely to change the touch panel technology that will be used in the next generation of iPhones due to the timetable of product design, Swiss bank Credit Suisse Group AG said Wednesday.
http://www.chinapost.com.tw/business/global-markets/2012/12/07/363356/IPhone-5S.htm
US dollar gains NT$0.034 to finish at NT$29.136 on forex :: (ChinaPost.com.tw) - The U.S. dollar rose against the New Taiwan dollar yesterday, gaining NT$0.034 to close at the day's high of NT$29.136.
Turnover totaled about US$702 million during the trading session.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/07/363358/US-dollar.htm
Hon Hai postpones opening Indonesia phone plant: report :: (ChinaPost.com.tw) - Taiwanese technology giant Hon Hai Precision has postponed construction of a mobile phone factory in Indonesia which was to have begun by the end of this year, a report said Thursday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/07/363360/Hon-Hai.htm
GM reports car sales in China are on track to set new record :: (ChinaPost.com.tw) - U.S. auto giant General Motors (GM) said Thursday that its full-year sales in China, the world's biggest car market, will surpass last year's 2.55 million and set a new record.
http://www.chinapost.com.tw/business/americas/2012/12/07/363362/GM-reports.htm
Obama, Boehner speak by phone on fiscal cliff :: (ChinaPost.com.tw) - U.S. President Barack Obama and House of Representatives Speaker John Boehner spoke for the first time in days Wednesday in a telephone discussion over the fiscal cliff, following several days of political sparring over steps to prevent a looming year-end series of automatic tax increases and spending cuts.
http://www.chinapost.com.tw/business/global-markets/2012/12/07/363363/Obama-Boehner.htm
Argentina files trade complaints against US, EU :: (ChinaPost.com.tw) - Argentina filed complaints Wednesday with the World Trade Organization charging the United States with erecting trade barriers against its beef and lemons, and the European Union with protectionist measures against its biodiesel.
http://www.chinapost.com.tw/business/americas/2012/12/07/363365/Argentina-files.htm
Britain faces more painful cuts as outlook darkens :: (ChinaPost.com.tw) - Finance Minister George Osborne on Wednesday warned Britons that they faced an extra year of austerity measures and insisted that reversing his belt-tightening measures now would be a "disaster."
http://www.chinapost.com.tw/business/europe/2012/12/07/363366/Britain-faces.htm
EU imposes huge fine on TV, monitor producers :: (ChinaPost.com.tw) - For years, some top managers at electronics multinationals would hold secretive meetings in Europe and Asia to fix the global market on the most expensive part of television and computer monitors.
http://www.chinapost.com.tw/business/global-markets/2012/12/07/363368/EU-imposes.htm
Australia jobless rate sees surprise fall to 5.2 percent in spite of weaker data :: (ChinaPost.com.tw) - Australia posted a surprise drop in unemployment to 5.2 percent Thursday, despite data showing the mining-powered economy is cooling due to China's slowdown.
http://www.chinapost.com.tw/business/asia/australia/2012/12/07/363369/Australia-jobless.htm
South Korean growth slows down to three-year low with Q3 rise of 0.1% :: (ChinaPost.com.tw) - South Korea's economy grew 0.1 percent in the third quarter from the previous three months — the slowest pace in more than three years, on shrinking investment and manufacturing, data showed Thursday.
http://www.chinapost.com.tw/business/asia/korea/2012/12/07/363371/South-Korean.htm
SandP downgrades world's oldest bank to speculative-grade rating of BB+ :: (ChinaPost.com.tw) - Standard and Poor's on Wednesday cut its credit rating for troubled Italian bank Monte dei Paschi di Siena — the world's oldest surviving lender — to the speculative-grade status of BB+ from BBB-.
http://www.chinapost.com.tw/business/europe/2012/12/07/363372/SandP-downgrades.htm
US dollar sheds NT$0.011 to finish day's trade at NT$29.125 in Taipei :: (ChinaPost.com.tw) - The U.S. dollar fell against the New Taiwan dollar yesterday, shedding NT$0.011 to close at NT$29.125.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/08/363411/US-dollar.htm
Oil regains ground after sharp sell-off :: (ChinaPost.com.tw) - Oil prices rose moderately Friday, clawing back some of the ground lost during a sharp sell-off the day before, as traders awaited a slew of economic data from China.
http://www.chinapost.com.tw/business/global-markets/2012/12/08/363471/Oil-regains.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
China Leads In Foreign Direct Investment :: For the first time since 2003, China has surpassed the United States as the world’s largest recipient of global foreign direct investment (FDI). During the first six months of the year, FDI flows to China totaled $59 billion, a slight decline from $61 billion in the first half of 2011. Meanwhile, FDI flowing to the [...]
http://managingthedragon.com/?p87
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
China's SMEs Access The Bond Market :: As financings go, the $7.8 million of three-year bonds that Tri-Tech Holding, Inc. (NASDAQ CM: TRIT) issued last month will not set any records for size. The significance of the financing, however, lies in the fact that it foreshadows a promising new source of capital for China's small and medium-sized private companies. According to research [...]
http://managingthedragon.com/?p84
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
Get Ready For More China Overseas Investment :: All signs point to the fact that Chinese companies are gearing up to make more overseas direct investments (ODI) in coming years. Moreover, there are indications that they are likely to find more welcoming arms than they have in the past — at least in some circles. First, there’s the anecdotal evidence. Just in the [...]
http://managingthedragon.com/?p56
Making Sense Of China's Numbers :: With most of the world's major economies still sputtering, there isn't a day that goes by that economic and business commentators don't bring up China, and the fact that the biggest, fastest-growing economy in the world is slowing, and dampening the growth prospects for the global economy in the process. If that's not bad enough, [...]
http://managingthedragon.com/?p66
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
International Retailers Struggle in China :: In recent weeks, many of the large international retailers have announced changes in their expansion plans for China. Home Depot (NYSE: HD), the large U.S. do it yourself chain, is closing stores, as is Tesco PLC (LSE: TSCO.L), the large U.K. retailer. Even the two earliest entrants into China's retailing industry, Wal-Mart Stores Inc. (NYSE:WMT) [...]
http://managingthedragon.com/?p79
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