'Apple concept stocks' down on cautious sales outlook :: (ChinaPost.com.tw) - Local high-tech firms in the Apple Inc. supply chain moved lower Thursday morning after the U.S. consumer electronics giant gave a cautious outlook for first-quarter sales amid fierce competition, dealers said.
http://www.chinapost.com.tw/business/global-markets/2013/01/25/368500/Apple-concept.htm
TAIEX ends below 7,700 as Apple suppliers fall :: (ChinaPost.com.tw) - Shares in Taiwan trended lower to close below the 7,700-point mark Thursday as many local suppliers to Apple Inc. came under pressure after the U.S. high-tech giant gave a cautious sales outlook for the current quarter, dealers said.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/25/368501/TAIEX-ends.htm
Hon Hai unit's profit warning hurts shares :: (ChinaPost.com.tw) - In addition to the impact of a disappointing sales outlook given by Apple Inc., shares of Hon Hai Precision Industry Co., which assembles iPads and iPhones, encountered more pressure Thursday following a profit warning from its Hong Kong-listed subsidiary, dealers said.
http://www.chinapost.com.tw/business/global-markets/2013/01/25/368502/Hon-Hai.htm
Insurers see extra NT$4.5 bil. annual gains from RMB trading :: (ChinaPost.com.tw) - Local life insurers are poised to increase their profits by NT$4.5 billion annually after they were given access to renminbi-denominated investments, according to a tally by the Life Insurance Association (LIA), R.O.C., released yesterday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/25/368503/Insurers-see.htm
Chen pledges to talks on tackling yen devaluation :: (ChinaPost.com.tw) - Premier Sean Chen yesterday pledged government action to hold talks with importers about reducing retail prices for Japanese goods, amid efforts by Tokyo to boost its competitiveness through devaluing the yen.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/25/368504/Chen-pledges.htm
Taiwan's FDI moves into positive territory: report :: (ChinaPost.com.tw) - Taiwan's flow of foreign direct investment (FDI) moved into positive territory in 2012, while global FDI declined by 18 percent, according to a report published Wednesday.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/25/368505/Taiwans-FDI.htm
Wi-Fi Alliance opens Taipei office for support services :: (ChinaPost.com.tw) - Wi-Fi Alliance, the global collaboration forum for Wi-Fi wireless technology, formally opened a branch office in Taiwan Thursday to provide certification and engineering support to its member companies throughout Asia.
http://www.chinapost.com.tw/business/asia-taiwan/2013/01/25/368506/Wi-Fi-Alliance.htm
US$21 tril. shale oil deposit found in Australia: company :: (ChinaPost.com.tw) - Australian resources firm Linc Energy said it had uncovered a huge oil deposit in the nation's vast outback in a discovery hailed Thursday by officials as worth some AU$20 trillion (US$21 trillion).
http://www.chinapost.com.tw/business/asia/australia/2013/01/25/368508/US$21-tril.htm
Commerzbank plans to cut 4,000-6,000 positions by 2016 :: (ChinaPost.com.tw) - Commerzbank, Germany's second-biggest bank, said on Thursday it is looking to ax 4,000-6,000 jobs — or about 10 percent of its workforce — by 2016.
http://www.chinapost.com.tw/business/global-markets/2013/01/25/368509/Commerzbank-plans.htm
IMF trims global growth forecast, cites eurozone :: (ChinaPost.com.tw) - The global economy will grow slightly less in 2013 than was expected, held back by a weak eurozone that will stay mired in recession a second straight year, the IMF predicted Wednesday.
http://www.chinapost.com.tw/business/europe/2013/01/25/368510/IMF-trims.htm
China manufacturing creeps up to two-year high: preliminary report :: (ChinaPost.com.tw) - China's manufacturing crept higher in January to the fastest pace in two years, a survey showed Thursday, in another sign the world's second-biggest economy is coming out of a downturn.
http://www.chinapost.com.tw/business/asia-china/2013/01/25/368511/China-manufacturing.htm
Banks try to put past sins behind them at Davos :: (ChinaPost.com.tw) - Leaders of the world's largest banks have gone some way to persuading investors that their industry's near-death experience is over, even though the public still don't trust them.
http://www.chinapost.com.tw/business/global-markets/2013/01/25/368512/Banks-try.htm
Japan records '12 trade deficit of US$78.3 billion :: (ChinaPost.com.tw) - Japan's trade deficit rose to a record 6.93 trillion yen (US$78.3 billion) in 2012 as fuel imports surged and a bitter territorial dispute with China hammered its exports.
http://www.chinapost.com.tw/business/asia/japan/2013/01/25/368513/Japan-records.htm
South Korea's economy grows at slowest pace in three years :: (ChinaPost.com.tw) - South Korea's economy grew 2 percent in 2012, its weakest performance in three years, and is not expected to rebound strongly this year, the central bank said Thursday.
http://www.chinapost.com.tw/business/asia/korea/2013/01/25/368514/South-Koreas.htm
FDI down 18% in '12, developing states take lead: UN :: (ChinaPost.com.tw) - Developing countries overtook their traditionally wealthier counterparts in attracting foreign direct investment (FDI) for the first time last year, as industrialized nations took the brunt of an 18-percent plunge in FDI flows, the U.N.'s trade and investment think tank UNCTAD said Wednesday.
http://www.chinapost.com.tw/business/americas/2013/01/25/368515/FDI-down.htm
Executive says HTC Corp. has got Samsung worried :: (ChinaPost.com.tw) - Taiwan's HTC Corp., the world's No. 5 smartphone maker based on market share, has its arch-rival Samsung Electronics Co. of South Korea worried, owing to the great success of its flagship product — the HTC J Butterfly — an HTC executive said yesterday.
http://www.chinapost.com.tw/business/company-focus/2013/01/26/368596/Executive-says.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
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 [...]
http://managingthedragon.com/?p 48
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
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, [...]
http://managingthedragon.com/?p 57
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
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
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
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