Search Results for: Chinese
Is bigger better for ASEAN in a mega-regional world?
September 10th, 2014
Big-block trade agreements or ‘mega-regionals’, revolving around one or more major powers, are the latest trend in trade policy negotiations. ASEAN is involved in two: the American-led Trans-Pacific Partnership (TPP) and the Chinese-led Regional Comprehensive Economic Partnership (RCEP). But ...
Jack Ma, ‘capital-lite’ model impress at Alibaba’s Boston IPO event
September 10th, 2014
Alibaba Group Holding Ltd has two major things going for it as it prepares for an initial public offering that could raise more than $21 billion: founder Jack Ma and a “capital-lite” business model. While corporate governance remains a ...
GSK China consumer healthcare unit linked to DOJ probe in 2012
September 9th, 2014
A U.S. anti-bribery probe into GlaxoSmithKline Plc (GSK.L) touched on the firm’s Chinese consumer healthcare business in 2012, internal documents show, suggesting the drugmaker’s compliance problems in China could go wider than previously revealed. GSK confirmed it had conducted ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
Rosneft struggles to grow as sanctions hit Russia’s oil champion
September 9th, 2014
The Kremlin’s prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what was the world’s fastest growing oil firm in recent years. ...
China August exports beat forecasts, imports in surprise fall
September 8th, 2014
China’s import growth unexpectedly fell for the second consecutive month in August, posting its worst performance in over a year and stoking speculation about whether authorities should loosen policy further to revive domestic demand. Imports by the world’s second-biggest ...
Legal fees for Alibaba IPO top $15.8m, beating Facebook
September 8th, 2014
Law firms advising on the $21bn mega IPO of Chinese e-commerce giant Alibaba are to split $15.8m in legal fees, as the Hangzhou-based company prepares to list on the New York Stock Exchange later this month. Legal Week first ...
Gold Steady Below $1270 on Weak Jobs Data
September 8th, 2014
Gold extended gains to a second session on Monday, boosted by a disappointing U.S. non-farm payrolls report that eased concerns about an early interest rate increase, with investors also eyeing developments in the Ukraine crisis. Spot gold had ticked ...
Asian shares tentative, sterling plunges
September 8th, 2014
Sterling declined on Monday and British shares look set to underperform their peers in Europe after a poll found rising support for Scottish independence. European shares are expected to enjoy a firm tone on the whole, following gains on ...
China to Overtake USA by 2024
September 8th, 2014
China is set to overtake the U.S. as the world’s largest economy in U.S. dollar terms over the next decade, according to a new report by IHS Economics. IHS measured the size of China’s economy in U.S. dollar terms, ...
