Category: FinanceAsia
Asia has the world’s most billionaires: Survey
Asia has more billionaires than any other continent, followed by North America and Europe, according to a survey by a China-based wealth magazine released on Thursday. There [...]
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Asia Roundup: Marts rise on Wall Street rally
Asian markets rose yesterday Thursday February 28, 2013 after the Dow on Wall Street hit a more than five-year high, while the head of the European Central Bank soothed [...]
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Australian gaming tycoon Packer eyes Sri Lanka bet
Australian gambling tycoon James Packer may be lining up a bet on Sri Lanka, scouting the Indian Ocean island for potential investments as he seeks to build a global casino [...]
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Ikea pulls meatballs in Asia
Swedish furniture giant Ikea has expanded to 24 the number of territories where it has pulled its meatballs from sale over fears that the popular food could contain [...]
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Hot Samsung products slated for Asia
While the Consumer Electronics Show in Las Vegas offered a sneak preview of the latest Samsung products, it is the Samsung South East Asia, Oceania and Taiwan Forum which [...]
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Wotif profits down as travellers stay home
A deep drop in hotel bookings across Asia, Europe and the United States has dragged down earnings at online travel agency wotif.com. The group’s first half net profit [...]
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Asia Roundup: Mostly higher on Fed stand
Asian markets mostly rose yesterday Wednesday, February 27, 2013 after US Federal Reserve head Ben Bernanke reaffirmed the central bank’s huge monetary easing scheme, [...]
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Airbus says Asia Pacific to buy 10000 new aircraft worth $1.6tr
Airbus SAS expects airlines in Asia Pacific to buy 9,870 aircraft worth $1.6 trillion in the next two decades fueled by travel growth in the region. Wide-body aircraft, or [...]
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Asia Roundup: Markets slip after Italy vote
Asian markets mostly fell yesterday,Tuesday February 26, 2013 with dealers spooked by an election result in Italy that left no clear winner, leading to political uncertainty [...]
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In defence of the Wall Street bonus (video)
It’s one thing to oppose the high overall salaries of Wall Street employees — arguably many of them are overpaid. But reducing bonus checks won’t actually [...]
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US gives banking green light to Burma tycoons
Two banks owned by tycoons associated with Myanmar’s former military regime will start to do business with US companies and investors in the latest reward for the [...]
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Indonesia tells oil majors to follow bank rules or stop exports
Indonesia told oil and gas contractors they will have to stop shipments if they do not follow central bank rules to channel export revenues through local banks, despite [...]
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Europe horsemeat scandal spreads to Asia
Europe’s horsemeat scandal is spreading to Asia where an imported lasagne brand was pulled from the shelves in Hong Kong, as Czech authorities order similar action on [...]
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Qantas profit climbs on Dreamliner cashback
Australia’s Qantas banked compensation from Boeing for Dreamliner delays and slashed international losses on Thursday, reporting a surge in six-month net profit, but [...]
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What the end of the baijiu binge means in China
Dizzying sales of the popular Chinese hard liquor baijiu in recent years have given way to a hangover that has been painful to producers and a headache for dealers. Since the [...]
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