Category: FinanceAsia
Fast Retailing finds Uniqlo fits all
Fast Retailing forecast record net profits of Y87bn in the year to August, up from its previous forecast of Y84.5bn, as sales of its Uniqlo brand of casual clothes continue [...]
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Career-focused LinkedIn tops 200m members
LinkedIn on Wednesday announced that more than 200 million people have joined the career-focused online social network since its launch nearly a decade ago. “This [...]
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Panasonic considers closing units
Panasonic, Japan’s largest consumer electronics maker, is assessing the possible closure of some of its businesses as the company approaches its second $10bn loss in [...]
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Financing web threatens HSBC China deal
Even by the Bysantine standards of business deals in China, the twists and turns in the potential collapse of HSBC’s $9.4bn exit from its stake in Ping An Insurance are [...]
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Zoomlion weathering storm over allegations
Shares in Zoomlion dropped 6.4 per cent on Wednesday when the Chinese construction machinery maker resumed trading after denying allegations that it falsely inflated sales [...]
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HSBC’s Ping An deal ‘in danger of collapse’
A multi billion dollar deal in which banking giant HSBC was set to sell its stake in China’s second largest life insurer Ping An to a Thai firm is in danger of [...]
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Mini-SUVs blaze a trail for car industry
The roots of the next big trend to shake the global car industry can partly be traced to a car plant in northeast England. It is in Sunderland that Japanese carmaker Nissan [...]
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Thailand ranks high in survey of Asean expats
Thailand is a suitable country for foreign investment on several levels but cannot beat Singapore for quality of life, expatriates in Southeast Asia told Abac Poll. The [...]
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Asian hedge funds lag in insurance protection, Citigroup says
Asian hedge fund managers’ insurance protection against legal claims for professional wrongdoings lags peers in the US and Europe, according to Citigroup Inc. (C) [...]
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China-Japan dispute takes rising toll of Asia’s top economies
The last time a dispute between Japan and China blew up in 2010 over eight uninhabited islands, the economic fallout lasted less than a month. This time, the spat is [...]
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Fosun sets sights on reinsurance peak
Fosun International, the Chinese investment group and industrial conglomerate, has launched a pan-Asian operation that aims to become the leading reinsurer in the region. [...]
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Ever-expanding Forbes Asia rich lists
Rich lists are not the only thing we do at Forbes Asia, by a long stretch, but they are the biggest thing. Year in and out nothing involves more of our editorial team for [...]
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Apple tailoring cheaper iPhone model: reports
Reports echoing online Tuesday fueled speculation that Apple is tailoring a low-price version of the iPhone for China and other emerging markets. DigiTimes.com, which [...]
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Top performing cities in 2013 for Asian property
Residential property prices in Asia look set for another solid year of growth with Jakarta and Bangkok tipped to be the star performers. International property expert Knight [...]
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Tide of change could engulf Asia’s banks
Lenders can no longer rely on growing out of their problems In its most recent regulatory filing late last year, Focus Media, a Chinese advertising company listed in New [...]
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