Friday, March 22, 2013

22-Mar-2013 12:25

Will The Chinese Buy A Tesla? :: Will the Chinese buy A Tesla? The management of Tesla Motors, Inc. (NasdaqGS:TSLA) certainly hopes so. At the Detroit Auto Show, Tesla announced its plans to open a dealership in Beijing — its first store in China — this spring. George Blankenship, the company’s vice president of worldwide sales, said the store will house an [...]
http://managingthedragon.com/?p 83

Transaction tax for warrant trading to be decreased: FSC :: (ChinaPost.com.tw) - In hopes of giving the local securities market a much needed stimulus, the Securities Transaction Tax (STT) on warrant trading of securities firms for hedging purposes is expected to be lowered to 0.1 percent from its current 0.3 percent, according to the Financial Supervisory Commission (FSC) yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/22/373858/Transaction-tax.htm

Bourse stages technical rebound; turnover thin :: (ChinaPost.com.tw) - Shares in Taiwan staged a technical rebound from the losses in the previous session, ending above the 7,800-point mark Thursday, but thin turnover prevented the index from gaining significantly by the end of trade, dealers said.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/22/373859/Bourse-stages.htm

Be open to trade pacts: AmCham :: (ChinaPost.com.tw) - Taiwan should join bilateral and regional trade agreements to ensure its global competitiveness, a U.S. Chamber of Commerce official said recently.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/22/373860/Be-open.htm

TIFA making progress: US official :: (ChinaPost.com.tw) - Trade and Investment Framework Agreement (TIFA) talks between the United States and Taiwan are showing good progress, but there is still a lot of work ahead, a visiting U.S. trade official said yesterday in Taipei.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/22/373861/TIFA-making.htm

Miramar Hotel Hsinchu celebrates grand opening :: (ChinaPost.com.tw) - Tze Hsin Group (志信國際股份有限公司) yesterday held the grand opening of the Miramar Hotel Hsinchu, the second location for the hotel group.

http://www.chinapost.com.tw/business/global-markets/2013/03/22/373862/Miramar-Hotel.htm

US Fed says it will stick with aggressive stimulus :: (ChinaPost.com.tw) - The Federal Reserve on Wednesday stood by its efforts to keep borrowing costs at record lows, saying it isn't yet convinced that the U.S. economy's growth can accelerate without significant help from the central bank.

http://www.chinapost.com.tw/business/americas/2013/03/22/373863/US-Fed.htm

Obama tells Congress of intent to form world's largest free trade area with EU :: (ChinaPost.com.tw) - U.S. President Barack Obama notified Congress Wednesday that it would launch trade talks with the European Union aimed at forging the world's largest free trade area.

http://www.chinapost.com.tw/business/global-markets/2013/03/22/373864/Obama-tells.htm

Chinese manufacturing increases but first-quarter momentum seen muted :: (ChinaPost.com.tw) - Growth in China's vast manufacturing sector picked up in March after a holiday dip, a preliminary survey of factory managers showed on Thursday, pointing towards solid but not spectacular first-quarter growth in the world's second-largest economy.

http://www.chinapost.com.tw/business/asia-china/2013/03/22/373865/Chinese-manufacturing.htm

Japan logs US$8.1 billion trade deficit in February :: (ChinaPost.com.tw) - Japan logged another trade deficit in February, this time of US$8.1 billion according to figures released Thursday, reversing a year-earlier surplus and underscoring the uncertain state of the world's third-largest economy.

http://www.chinapost.com.tw/business/asia/japan/2013/03/22/373866/Japan-logs.htm

Britain fails to stop EU push on banker bonus limits :: (ChinaPost.com.tw) - Britain failed Wednesday to convince other European Union members to alter a proposal that strictly caps bonuses bankers can receive starting next year.

http://www.chinapost.com.tw/business/europe/2013/03/22/373867/Britain-fails.htm

NZ growth hits pre-recession levels, reaching 4-year high of 2.5 percent :: (ChinaPost.com.tw) - New Zealand's economic growth reached a four-year high in 2012, the best since the country went through a recession that it has long struggled to shake off, official data showed Thursday.

http://www.chinapost.com.tw/business/asia/new-zealand/2013/03/22/373869/NZ-growth.htm

Brazil e-commerce grosses more than US$11 billion in 2012; 20% rise y-o-y :: (ChinaPost.com.tw) - Online commerce in Brazil last year grossed 22.5 billion reais (around US$11.5 billion), up 20 percent over the previous year, the market research firm e-bit said Wednesday.

http://www.chinapost.com.tw/business/americas/2013/03/22/373870/Brazil-e-commerce.htm

Oracle shares fall on weak Q3 results; faces software and hardware sales woes :: (ChinaPost.com.tw) - Oracle Corp. on Wednesday reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems and a surprise decline in sales of new software — which the company attributed to a lackluster performance by its expanding sales force rather than lack of demand.

http://www.chinapost.com.tw/business/global-markets/2013/03/22/373871/Oracle-shares.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

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

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

Hope Springs Eternal: Electric Vehicles in China :: Hope springs eternal — and nowhere is it gushing more strongly than with electric vehicle enthusiasts all over the world. In the United States, investors in Tesla Motors, Inc. (NasdaqGS:TSLA), the U.S. maker of electric sports cars, seem to be shrugging off the fact that the company is losing a $100 million a quarter, the [...]
http://managingthedragon.com/?p 74

Shares of TSMC drop below NT$100 mark as investors pocket gains :: (ChinaPost.com.tw) - Shares of Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip-maker, fell below the NT$100.00 (US$3.36) mark Wednesday as foreign investors locked in recent gains, dealers said.

http://www.chinapost.com.tw/business/global-markets/2013/03/21/373768/Shares-of.htm

US dollar rises NT$0.044 vs. TWD :: (ChinaPost.com.tw) - The U.S. dollar rose against the Taiwan dollar Wednesday, gaining NT$0.044 to close at the day's high of NT$29.845 after heavy foreign institutional selling prompted traders to lower their local currency positions, dealers said.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/21/373769/US-dollar.htm

Bike show expected to generate US$300 mil. in business :: (ChinaPost.com.tw) - Asia's largest bike show opened yesterday in Taipei, attracting over 1,000 exhibitors who are expected to generate over US$300 million in business, organizers said.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/21/373770/Bike-show.htm

Local bourse declines on futures-led selling :: (ChinaPost.com.tw) - Shares in Taiwan ended lower Wednesday, below the 7,800 point mark, as investors cut their holdings in the spot market in a bid to profit in the futures market, where they had raised short-position contracts, dealers said.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/21/373771/Local-bourse.htm

FSC mulls rules concerning multitasking financial chiefs :: (ChinaPost.com.tw) - The Financial Supervisory Commission (FSC) may impose a ban to prevent chairmen of domestic trust and investment businesses from assuming other duties, said Huang Tien-mu, head of the commission's Securities and Futures Bureau, yesterday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/21/373772/FSC-mulls.htm

Qisda responds to charges of holdings report irregularities :: (ChinaPost.com.tw) - Qisda yesterday responded on behalf of Chairman Lee Kun-yao (李焜耀) and two other people regarding charges leveled by the Taoyuan Prosecutors Office.

http://www.chinapost.com.tw/business/global-markets/2013/03/21/373773/Qisda-responds.htm

HP introduces Guinness record-breaking printers in Taiwan :: (ChinaPost.com.tw) - HP formally introduced the fastest printers in the world — HP Office Pro -- inject printers — as the IT giant celebrated its 25th anniversary yesterday.

http://www.chinapost.com.tw/business/global-markets/2013/03/21/373774/HP-introduces.htm

Nescafe to mark its 75th anniversary with mugs, gift boxes, Europe tickets :: (ChinaPost.com.tw) - Nestle is celebrating the 75th anniversary of its Nescafe instant coffee line by handing out limited edition coffee mugs, return tickets to Europe for two, and opportunities to win a coffee gift box through a Facebook promotion.

http://www.chinapost.com.tw/business/global-markets/2013/03/21/373775/Nescafe-to.htm

Smartphone sales show 6-percent growth for 2012 on rising demand :: (ChinaPost.com.tw) - Sales of smartphones in Taiwan grew by an annual 6 percent in 2012, driven by rising demand, market research firm GfK said Wednesday.

http://www.chinapost.com.tw/business/asia-taiwan/2013/03/21/373776/Smartphone-sales.htm

Recent North Korea nuclear test stokes fears of international proliferation :: (ChinaPost.com.tw) - North Korea's nuclear test last month wasn't just a show of defiance and national pride; it also is advertising. The target audience, analysts say, is anyone in the world looking to buy nuclear material.

http://www.chinapost.com.tw/business/asia/korea/2013/03/21/373777/Recent-North.htm

Cypriot banks on the brink in flashback of Iceland woes :: (ChinaPost.com.tw) - A small island on the edge of Europe teetering under the weight of its bust banks. Sound familiar?
Like Iceland and Ireland before it, Cyprus is battling to prevent an outsized and overextended banking sector from dragging the country into the ground.

http://www.chinapost.com.tw/business/europe/2013/03/21/373778/Cypriot-banks.htm

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