Archive for May 26th, 2012

Asian marts mixed on continued euro woes

26-May-2012 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 8:29 AM

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

Top Philippine judge ends emotional testimony

26-May-2012 Intellasia | AFP | 8:05 AM

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 says to release Australian Corby in 2017

26-May-2012 Intellasia | AFP | 7:56 AM

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

Food agenda: Vinexpo

26-May-2012 Intellasia | AFP | 7:54 AM

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

26-May-2012 Intellasia | WSJ | 7:01 AM

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

26-May-2012 Intellasia | Reuters | 7:01 AM

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

26-May-2012 Intellasia | Reuters | 7:01 AM

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

26-May-2012 Intellasia | Macaubusiness | 7:01 AM

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

26-May-2012 Intellasia | FT.com | 7:01 AM

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

26-May-2012 Intellasia | Reuters | 7:01 AM

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

Taiwan’s Tsai claims island’s richest spot: Forbes

26-May-2012 Intellasia | AFP | 7:01 AM

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

26-May-2012 Intellasia | Japan Times | 7:01 AM

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

26-May-2012 Intellasia | Taipeit Tmes | 7:01 AM

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

26-May-2012 Intellasia | Reuters | 7:01 AM

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 says to invest $8b in 12-inch wafer fab

26-May-2012 Intellasia | Reuters | 7:01 AM

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 [...]
» More