Monday, December 10, 2012

11-Dec-2012 08:37

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

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

OPEC meets to discuss oil output goals and new head :: (ChinaPost.com.tw) - OPEC gathers in Vienna this week for a ministerial meeting to decide on the cartel's oil production ceiling, as a predicted drop in demand risks weighing on high crude prices despite Middle East unrest.

http://www.chinapost.com.tw/business/middle-east/2012/12/10/363623/OPEC-meets.htm

Weighing up the China threat to US auto industry :: (ChinaPost.com.tw) - Auto jobs in the U.S. shipped off to China. That's the refrain we heard over and over in the U.S. presidential debates. Even though the election is over, the China bashing surely will not go away. Is there truth to these claims or was it political rhetoric that played well to an American public fighting high unemployment?

http://www.chinapost.com.tw/business/americas/2012/12/10/363624/Weighing-up.htm

Nintendo aims for top position with latest video gaming console Wii U :: (ChinaPost.com.tw) - Nintendo is hoping its new Wii U console will catapult it back to pole position in the video game sector, but analysts are divided on whether the Japanese gaming titan can reboot its fading glory.

http://www.chinapost.com.tw/business/global-markets/2012/12/10/363625/Nintendo-aims.htm

Japan tunnel disaster rings global infrastructure alarm :: (ChinaPost.com.tw) - A deadly tunnel collapse in Japan should serve as a wake-up call to developed nations with aging infrastructure in dire need of updating, experts say.

http://www.chinapost.com.tw/business/asia/japan/2012/12/10/363626/Japan-tunnel.htm

London fights for its financial crown :: (ChinaPost.com.tw) - The City of London, already campaigning hard against EU proposals for regulating banks, is now hitting back at a threat to its dominance of the vast market for trading in euros.

http://www.chinapost.com.tw/business/europe/2012/12/10/363627/London-fights.htm

Manila climbing to become one of Asia's top property markets :: (ChinaPost.com.tw) - Once a laggard in the region, Manila is rising to be one of Asia-Pacific's most appealing property markets amid escalating concerns over high property prices in China's core markets.

http://www.chinapost.com.tw/business/asia/indonesia/2012/12/10/363628/Manila-climbing.htm

News 'paywalls' grow, but analysts divided on benefits of the practice :: (ChinaPost.com.tw) - The free lunch for digital access to most U.S. newspapers is disappearing but paywalls seem at best a partial answer to the industry's woes and analysts are split on the decision to block out readers.

http://www.chinapost.com.tw/business/americas/2012/12/10/363629/News-paywalls.htm

Nexen staff will gain from takeover: CNOOC :: (ChinaPost.com.tw) - A Beijing-based energy giant which will take over a Canadian firm in what is reportedly China's biggest-ever foreign investment has said local employees will benefit from the deal.

http://www.chinapost.com.tw/business/asia-china/2012/12/10/363630/Nexen-staff.htm

US dollar stays steady in Asian forex trade :: (ChinaPost.com.tw) - The dollar held firm in Asian trade Monday on the back of better-than-expected U.S. jobs data, while the yen was mixed following poor Japanese data that fuelled speculation about new easing measures.

http://www.chinapost.com.tw/business/global-markets/2012/12/11/363673/US-dollar.htm

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

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

TSMC sales fall by 11.4% month-on-month in Nov. :: (ChinaPost.com.tw) - Taiwan Semiconductor Manufacturing Co. (TSMC) yesterday reported November sales of NT$44.253 billion, a decline of 11.4 percent from its October revenue.

http://www.chinapost.com.tw/business/global-markets/2012/12/11/363730/TSMC-sales.htm

Taiwan shares close 0.42% lower :: (ChinaPost.com.tw) - Taiwan share prices closed down 32.76 points, or 0.42 percent, at 7,609.5 yesterday.
Turnover totaled NT$72.24 billion during the trading session.

http://www.chinapost.com.tw/business/asia-taiwan/2012/12/11/363731/Taiwan-shares.htm

Banks to issue handsome year-end bonuses :: (ChinaPost.com.tw) - Banks are expected to give out handsome bonuses this year after making huge profits, media reported yesterday.
According to government data, banks made earnings of NT$200 billion over the first ten months, and the figure can easily reach NT$230 billion, a record high, by the end of the year.

http://www.chinapost.com.tw/business/asia-taiwan/2012/12/11/363732/Banks-to.htm

HTC on track to meet Q4 sales target: brokerage :: (ChinaPost.com.tw) - Taiwanese smartphone maker HTC Corp. is poised to meet its sales forecast for the current quarter in light of wider distribution of its new devices, U.S. brokerage Morgan Stanley said yesterday.

http://www.chinapost.com.tw/business/global-markets/2012/12/11/363733/HTC-on.htm

2012 ANZCham Business Excellence Awards handed out :: (ChinaPost.com.tw) - The seventh annual Australian and New Zealand Chamber of Commerce (ANZCham) Business Excellence Awards were presented at a gala dinner held at the Far Eastern Plaza Hotel in Taipei on Dec. 6.

http://www.chinapost.com.tw/business/asia-taiwan/2012/12/11/363734/2012-ANZCham.htm

Taiwan COMPANY REPORTS :: (ChinaPost.com.tw) - Hon Hai Precision Industry
Hon Hai Precision Industry yesterday reported nonconsolidated sales of NT$351.733 billion for November, a record high.
The figure was a rise of 27.57 percent from October and 14.5 percent from November 2011.

http://www.chinapost.com.tw/business/global-markets/2012/12/11/363735/Taiwan-COMPANY.htm

Italy's official industrial output drops 1.1 percent in October :: (ChinaPost.com.tw) - Industrial output fell by 1.1 percent in Italy in October on a monthly basis and by 6.2 percent on an annual comparison, the national statistics agency ISTAT said Monday.

http://www.chinapost.com.tw/business/europe/2012/12/11/363737/Italys-official.htm

US dollar increases NT$0.025 to end at NT$29.150 on forex :: (ChinaPost.com.tw) - The U.S. dollar rose against the New Taiwan dollar yesterday, gaining NT$0.025 to close at the day's high of NT$29.150.
Turnover totaled about US$769 million during the trading session.

http://www.chinapost.com.tw/business/asia-taiwan/2012/12/11/363738/US-dollar.htm

Mayor Bloomberg weighs up buying Financial Times: NYT :: (ChinaPost.com.tw) - New York City Mayor Michael Bloomberg is weighing up whether to make a bid for The Financial Times Group, which includes the namesake paper and a half interest in The Economist magazine, the New York Times reported, citing three people close to the mayor.

http://www.chinapost.com.tw/business/americas/2012/12/11/363740/Mayor-Bloomberg.htm

Virgin Atlantic and Delta eye possible trans-Atlantic tie-up :: (ChinaPost.com.tw) - Virgin Atlantic will form a joint venture on trans-Atlantic flights with Delta Air Lines if the U.S. carrier buys Singapore Airlines' 49-percent stake in the UK airline, a source close to Virgin said.

http://www.chinapost.com.tw/business/global-markets/2012/12/11/363743/Virgin-Atlantic.htm

Weak trade data adds to challenges for China :: (ChinaPost.com.tw) - China's trade weakened sharply in November, adding to challenges for the world's second-largest economy as a gradual recovery takes shape.

http://www.chinapost.com.tw/business/asia-china/2012/12/11/363745/Weak-trade.htm

Revised GDP signals recession for Japan :: (ChinaPost.com.tw) - Japan's economy contracted for a second straight quarter in July-September, revised government data showed on Monday, indicating that weak global demand nudged the export-reliant economy into a mild recession.

http://www.chinapost.com.tw/business/asia/japan/2012/12/11/363747/Revised-GDP.htm

India car sales slide more than 8% last month :: (ChinaPost.com.tw) - India's car sales slid more than 8 percent in November from a year earlier, industry data showed on Monday, underscoring the overall slowdown gripping this hugely important Asian economy.

http://www.chinapost.com.tw/business/asia/india/2012/12/11/363748/India-car.htm

Chip-maker Renesas set to raise up to US$2.43 bil. to fix balance sheet :: (ChinaPost.com.tw) - Struggling Japanese chip-maker Renesas Electronics said Monday it would raise up to US$2.43 billion from a share sale and a separate capital injection to rescue its troubled balance sheet.

http://www.chinapost.com.tw/business/asia/japan/2012/12/11/363749/Chip-maker-Renesas.htm

No comments:

Post a Comment