Archive for May 26th, 2012
Asian marts mixed on continued euro woes
Asian markets were mixed yesterday as weak European data added to pessimism after this week’s disappointing summit on saving Greece from leaving the eurozone. Positive [...]
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Top Philippine judge ends emotional testimony
The Philippines’ top judge on Friday disclosed he had more than $4 million in his bank accounts as he wound up an emotional testimony to try and save his job at his [...]
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Indonesia says to release Australian Corby in 2017
Indonesia is due to release jailed Australian drug trafficker Schapelle Corby in September 2017, a prison chief said Friday, after she had five years slashed off her 20-year [...]
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Food agenda: Vinexpo
Billed as one of the largest wine trade events in Asia, Vinexpo Asia-Pacific is a biennial event that alternates between Hong Kong and France. In 2010, the fair attracted [...]
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Australian LNG project secures $8.5b project finance
Export credit agencies in the US and China have joined over a dozen banks to offer $8.5 billion to an Australian joint venture planning to liquefy unconventional gas for [...]
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Alibaba.com says 83.8pct of shareholders back privatisation
Alibaba.com Ltd (1688.HK), Hong Kong-listed unit of China’s Alibaba Group ALIAB.UL, said on Friday that 83.8 percent of its shareholders have approved a $2.5 billion [...]
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China sharpens LME’s focus on HK exchange
A fast track into China could be the deciding factor in the race to win backing from shareholders in the London Metal Exchange, making Hong Kong Exchanges and [...]
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HK tycoon to face bribery charges in Macau
A local court has decided to hear a bribery case against Joseph Lau Luen-hung, the chair of Chinese Estate Holdings. The firm, in a regulatory filing to the Hong Kong Stock [...]
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Graff requires some glitter to shine in Asia
It is somewhat surprising that Laurence Graff, the king of bling, has never been namechecked in a hip hop track. In the collected works of Jay-Z, Kanye West and 50 Cent, the [...]
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Taiwan’s UMC says to invest $8b in 12-inch wafer fab
Taiwan’s UMC, the world’s No.2 contract chip maker, said it will invest $8 billion in a 12-inch wafer plant in Taiwan, joining its peers in investing in high-end [...]
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Taiwan’s Tsai claims island’s richest spot: Forbes
Taiwanese tycoon Tsai Eng-meng topped the island’s richest list for the first time boosted by his booming China-based business, Forbes magazine said. Tsai, chair of [...]
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Japan bourse signs cooperation pact with Taiwan’s GreTai
Tokyo Stock Exchange Group Inc. on Thursday concluded a comprehensive cooperation pact with Taiwan’s GreTai Securities Market for startup companies. The two bourse [...]
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Ma pushes for trade liberalisation
President Ma Ying-jeou (???) yesterday called for public support for the nation’s participation in global trade liberalisation, and promised to prepare necessary [...]
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Taiwan’s Yuanta ends $1.25b bid for Carlyle-backed bank
Yuanta Financial (2885.TW) said on Friday it has pulled out of talks to buy Carlyle Group backed Taiwanese bank Ta Chong (2847.TW), dealing a blow to the private equity [...]
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Taiwan’s UMC says to invest $8b in 12-inch wafer fab
Taiwan’s UMC, the world’s No.2 contract chip maker, said it will invest $8 billion in a 12-inch wafer plant in Taiwan, joining its peers in investing in high-end [...]
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