Foreign investors lift '13 TAIEX forecasts to 8,000 :: (ChinaPost.com.tw) - Taiwan's major foreign institutional investors have expressed their optimism for local stocks next year, with six of them raising their forecasts for the TAIE-- to 8,000 or above in 2013.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/14/364111/Foreign-investors.htm
Prices for pre-construction homes in Taipei average NT$790,000 per ping :: (ChinaPost.com.tw) - Pre-construction homes in Taipei City have been sold for an average NT$790,000 a ping (3.3 square meters) in December, My Housing Magazine said yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/14/364113/Prices-for.htm
Far Eastern to issue 3-month bonuses: official :: (ChinaPost.com.tw) - Far Eastern Department Store will issue year-end bonuses of three months salary as a way to reward employees for helping the firm reach its revenue goal for the year, said a senior executive of the company yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/14/364114/Far-Eastern.htm
Mitsubishi Aircraft in 100-jet deal with SkyWest :: (ChinaPost.com.tw) - Mitsubishi Aircraft said Thursday it has signed a deal with U.S.-based carrier SkyWest for 100 jets worth US$4.2 billion, with an option to buy another 100 planes, in a "major order" for the Japanese firm.
http://www.chinapost.com.tw/business/global-markets/2012/12/14/364116/Mitsubishi-Aircraft.htm
Yahoo uses Flickr as it seeks piece of smartphone photo-sharing cake :: (ChinaPost.com.tw) - Yahoo joined the fray over smartphone photo-sharing Wednesday by making it more enticing for iPhone users to use its Flickr service amid a rift between Twitter and the popular photo app Instagram.
http://www.chinapost.com.tw/business/global-markets/2012/12/14/364117/Yahoo-uses.htm
LCD TV panel shipments push past 22 million in November: WitsView :: (ChinaPost.com.tw) - Shipments of LCD panels for TV applications surpassed 22 million in November, said market research firm WitsView yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/14/364119/LCD-TV.htm
US dollar falls NT$0.007 to finish day at NT$29.101 on Taipei forex :: (ChinaPost.com.tw) - The U.S. dollar fell against the Taiwan dollar yesterday, shedding NT$0.007 to close at NT$29.101.
Turnover totaled US$788 million during the trading session.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/14/364120/US-dollar.htm
BG names new CEO to run large growth projects and control costs :: (ChinaPost.com.tw) - BG has named Chris Finlayson as chief executive, ending a year-long search for someone to keep a grip on costs while delivering huge growth projects the British oil and gas group has signed up for.
http://www.chinapost.com.tw/business/global-markets/2012/12/14/364122/BG-names.htm
E-reader sales plunge with tablets taking control: IHS iSuppli report :: (ChinaPost.com.tw) - Sales of dedicated e-reading devices like the black-and-white Kindles are in an "alarmingly precipitous decline" this year after five years of rapid growth, research firm IHS iSuppli says.
http://www.chinapost.com.tw/business/americas/2012/12/14/364123/E-reader-sales.htm
IATA increases forecasts for global airline profit for this year and next :: (ChinaPost.com.tw) - Global airlines on Thursday revised upward widely watched industry profit forecasts for 2012 and 2013, but said that carriers remain vulnerable to risks including the eurozone crisis and the threat of a U.S. fiscal cliff.
http://www.chinapost.com.tw/business/europe/2012/12/14/364124/IATA-increases.htm
Fed sets inflation, jobless targets for hiking rates :: (ChinaPost.com.tw) - The U.S. Federal Reserve laid out target levels on unemployment and inflation for raising interest rates for the first time Wednesday, surprising analysts who expected such a move would wait until next year.
http://www.chinapost.com.tw/business/americas/2012/12/14/364125/Fed-sets.htm
'Critical' to resolve cliff challenge: Bernanke :: (ChinaPost.com.tw) - U.S. Federal Reserve chief Ben Bernanke called on politicians Wednesday to compromise on a deficit deal to avoid the looming fiscal cliff.
http://www.chinapost.com.tw/business/americas/2012/12/14/364127/Critical-to.htm
Canada ban on state energy firms helps Japan traders :: (ChinaPost.com.tw) - Acquisitive Japanese trading houses will find the course clear of some of their toughest competitors in the race for Canadian energy assets after Ottawa said it would bar state-owned companies from taking majority stakes in oil sands assets.
http://www.chinapost.com.tw/business/americas/2012/12/14/364128/Canada-ban.htm
Brazil declares building of 800 airports :: (ChinaPost.com.tw) - Brazilian President Dilma Rousseff announced in Paris Wednesday that her country would build at least 800 regional airports.
"Figures in Brazil are big. We plan to build 800 regional airports or more" for cities of more than 100,000 people, she told a gathering of French business leaders.
http://www.chinapost.com.tw/business/americas/2012/12/14/364129/Brazil-declares.htm
Fewer US CEOs expect hiring dip over next 6 months :: (ChinaPost.com.tw) - A survey of U.S. chief executives shows the number of large companies that plan to add jobs or hire more workers is essentially unchanged versus three months ago, although fewer expect hiring to decrease.
http://www.chinapost.com.tw/business/americas/2012/12/14/364130/Fewer-US.htm
Okada gets Philippines partner for casino :: (ChinaPost.com.tw) - Japanese gambling tycoon Kazuo Okada has teamed up with the family of Philippine billionaire John Gokongwei for a billion-dollar casino project in Manila, the local partner said Thursday.
http://www.chinapost.com.tw/business/asia/japan/2012/12/14/364131/Okada-gets.htm
France to shift subsidies from crops to livestock :: (ChinaPost.com.tw) - France plans to shift some agricultural subsidies from crop growers to livestock farmers to narrow a gap in revenue and productivity between the two sectors in the European Union's biggest farming economy.
http://www.chinapost.com.tw/business/europe/2012/12/14/364132/France-to.htm
World tourist figure to pass 1 billion despite economic troubles: UN body :: (ChinaPost.com.tw) - The number of tourists in the world this year will pass the 1-billion mark despite the economic crisis, the head of the World Tourism Organization said Wednesday.
http://www.chinapost.com.tw/business/europe/2012/12/14/364133/World-tourist.htm
South Korea keeps interest rate at 2.75 percent for 2nd straight month :: (ChinaPost.com.tw) - South Korea's central bank kept its key interest rate unchanged at 2.75 percent Thursday for a second straight month as the economy shows signs of recovering from a yearlong slump.
http://www.chinapost.com.tw/business/asia/korea/2012/12/14/364134/South-Korea.htm
Societe Generale sells Egypt unit to Qatar's QNB bank for US$1.97 billion :: (ChinaPost.com.tw) - French bank Societe Generale said Wednesday it had sold its 77-percent stake in Egyptian unit National Societe Generale Bank to Qatar's QNB bank for US$1.97 billion (1.5 billion euros).
http://www.chinapost.com.tw/business/europe/2012/12/14/364135/Societe-Generale.htm
Carney to return to Canada following term as governor of Bank of England :: (ChinaPost.com.tw) - The incoming governor of the Bank of England (BOE), Canadian Mark Carney, who has said he plans to seek British citizenship, insisted in an interview published Wednesday that he will return to Canada once his term of office ends.
http://www.chinapost.com.tw/business/americas/2012/12/14/364136/Carney-to.htm
Taiwanese institute forecasts 0.98% economic growth for country in '12 :: (ChinaPost.com.tw) - The Taiwan Research Institute (TRI) on Friday lowered its 2012 economic growth forecast for Taiwan to 0.98 percent, down significantly from its previous projection of 2.52 percent.
http://www.chinapost.com.tw/business/asia-taiwan/2012/12/15/364193/Taiwanese-institute.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
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
World shares higher as China factory output grows :: (ChinaPost.com.tw) - World stock markets swung higher Friday after a survey showed an improvement in China's manufacturing, offsetting gloom from a sharp drop in Japanese business confidence.
http://www.chinapost.com.tw/business/global-markets/2012/12/15/364184/World-shares.htm
Oil climbs above US$86 as China factory data shows strengthening recovery :: (ChinaPost.com.tw) - The price of oil rose above US$86 a barrel Friday, boosted by a survey that showed the recovery in China's manufacturing is gathering strength.
http://www.chinapost.com.tw/business/global-markets/2012/12/15/364188/Oil-climbs.htm
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
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