by rushabh
E-Trade: ‘Fatherhood’ Ad
February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
A new father contemplates his future in E-Trade's Super Bowl XLVI ad.
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A new father contemplates his future in E-Trade's Super Bowl XLVI ad.
by rushabh
Coca-Cola: ‘Superstition’ Ad
February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Coca Cola's new ad for Super Bowl XLVI features a superstitious polar bear watching the ballgame.
by rushabh
Coca Cola: ‘Slippery Catch’ Ad
February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Watch Coca Cola's Super Bowl ad featuring a polar bear who almost loses a slippery bottle of cola.
by rushabh
Century 21: ‘Smarter, Bolder, Faster’ Ad
February 4, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Watch Century 21's ad for Super Bowl XLVI featuring Donald Trump, Deion Sanders and Apolo Ohno.
by rushabh
Kia: ‘Drive the Dream’ Ad
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Watch Super Bowl XLVI Kia ad "Drive the Dream".
by rushabh
Nasdaq core profit tops expectations (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
, Feb. 3, 2012 (Reuters) -- Nasdaq OMX Group Inc's <NDAQ.O> core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment. ... > read full story
by rushabh
U.S. Jobs Report Gives Stocks a Lift
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The Dow industrials closed at the highest point since 2008, and the Nasdaq composite regained a level last seen in 2000.
by rushabh
Gadgetwise Blog: App Smart Extra: Super Bowl Apps
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Most football fans will be forced to spend at least part of the weekend away from televised Super Bowl coverage. For those not willing to endure that sort of pain, the N.F.L. this week released three apps to help.
by rushabh
Wall Street analysts struggle to predict Apple (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
SAN FRANCISCO, Feb. 3, 2012 (Reuters) -- By day, Robert Leitao manages a Catholic church in Southern California. By night, he indulges his other passion: predicting Apple Inc's <AAPL.O> results. ... > read full story
by rushabh
F.B.I. Admits Hacker Group’s Eavesdropping
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The group known as Anonymous listened in on a call between the bureau, Scotland Yard and other foreign police agencies about their joint investigation of the group and its allies.
by rushabh
Hungary’s Malev Airline Halts Flights
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The money-losing airline was placed under control of a bankruptcy trustee, prompting creditors to begin seizing its planes outside the country.
by rushabh
Economix Blog: Uwe E. Reinhardt: Health-Care Payers Push Back Against Costs
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The opacity surrounding prices and the practice of charging different buyers different prices for identical goods or services contribute mightily to the cost of health care, but at the least the former may be on the way out, an economist writes.
by rushabh
Will Obama Get a Big Lift as Job Picture Improves?
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The good jobs report is good news for Obama, but how good, really? Jon Hilsenrath on The News Hub looks at how this stage of the recovery compares to the one Reagan had going in 1984 and how far there is to go. Photo: AFP/Getty Images
by rushabh
Factory Orders Rise, and Jobs Increase in Service Industries
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Factory orders rose 1.1 percent in December, and the Institute for Supply Management said employment in the service sector rose.
by rushabh
US stocks cheer strong jobs data
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
NEW YORK: A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job growth that pointed to new vitality in the fragile recovery.
by rushabh
Stanford had secret fund for bribes, yacht: witness (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
HOUSTON, Feb. 3, 2012 (Reuters) -- Texas financier Allen Stanford drew on a secret Swiss bank account for personal expenses like yacht maintenance and to pay bribes, the government's top witness said at Stanford's fraud trial on Friday. ... > read full story
by rushabh
Super Bowl: Touchdowns and Privare Jets
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Sunday is the Super Bowl of professional football, and as WSJ Wealth Report editor Robert Frank reports on Mean Street, it's the Super Bowl of private jet rentals as well. Photo: AP.
by rushabh
Super Bowl: Touchdowns and Private Jets
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Sunday is the Super Bowl of professional football, and as WSJ Wealth Report editor Robert Frank reports on Mean Street, it's the Super Bowl of private jet rentals as well. Photo: AP.
by rushabh
Will Facebook’s IPO Billions Ruin its Future?
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
How will billions in IPO cash affect Facebook's future? SmartMoney reporter Quentin Fottrell visits Mean Street to discuss how the company's future could significantly change. Photo: AP.
by rushabh
BUSINESS: Business Day Live | February 3, 2012
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Glenn Hutchins of Silverlake discusses January’s positive employment data and the prospects for long-term job growth. ‘Common Sense’ columnist James B. Stuart on a man with higher taxes than income.
by rushabh
Global Economy: Should We Be Worried?
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
WSJ's Thorold Barker makes a stop on Mean Street to look at the world economy and the idea of whether the U.S. can be optimistic about 2012. Photo: Reuters.
by rushabh
January Jobs Data: Put Away the Champagne
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
WSJ's Rolfe Winkler looks beyond the unemployment headlines and tells Mean Street host Evan Newmark things aren't as rosy as they seem. In fact, they're not rosy at all. Photo: Reuters.
by rushabh
DealBook: Carlyle Drops Arbitration Clause From I.P.O. Plans
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The clause would have prohibited the company's shareholders from filing class-action lawsuits, forcing them into a confidential arbitration process instead.
by rushabh
E.U. Presses Google to Delay Privacy Policy Changes
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The European Union justice commissioner supported a request by E.U. governments that Google delay changes in its privacy policy while consumer implications are investigated.
by rushabh
Analysis: Stock-picking makes a comeback as macro tides fade (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
NEW YORK, Feb. 3, 2012 (Reuters) -- Stock-picking once again matters on Wall Street. ... > read full story
by rushabh
New York sues major banks
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
WASHINGTON: The state of New York sued major US banks on Friday for fraudulently foreclosing on thousands of homeowners in the state, in the wake of the nationwide housing crash.
by rushabh
French aviation unions urge strike
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
PARIS: Unions representing French aviation workers, including pilots, flight attendants and baggage handlers, voted Friday for strike action on February 6-9 that is expected to disrupt air travel.
by rushabh
Micron CEO Appleton dies in plane crash (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
, Feb. 3, 2012 (Reuters) -- Chipmaker Micron Technology said chief executive Steve Appleton died in a plane crash in Boise, Idaho. ... > read full story
by rushabh
Huffington Post to Debut Video Network Next Year
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The Huffington Post unveiled plans to stream 16 hours of live video on its site daily, Lauren Goode reports on digits. Photo: Getty Images.
by rushabh
H-P CEO Whitman Earned $1 + $16 Milllion in 2011
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
H-P CEO Meg Whitman may have taken only a $1 salary upon taking the job, but her stock-based compensation totaled more than $16 million last year, Arik Hesseldahl reports on digits. Photo: AP.
by rushabh
Mark Zuckerberg Remains the Undisputed Boss at Facebook
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Mark Zuckerberg’s success is a lesson in what works in Silicon Valley: Stay in charge, stave off potential predators and expand the company so quickly that no one can challenge the boss.
by rushabh
Citi Hit in Latest Wave of Hack Attacks
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
A computer hacker group continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup and other prominent institutions, Colin Barr reports on digits. Photo: AP.
by rushabh
Facebook and Zynga: Sharing Ain’t Easy
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The symbiotic relationship between Facebook and Zynga is creating riches for both companies, but their co-dependency also raises questions for both businesses, Shayndi Raice reports on digits.
by rushabh
The Man Behind Facebook’s Marketing
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The task of proving that marketing on Facebook is different from everywhere else on the Internet falls David Fischer, Shayndi Raice reports on digits. Photo: AP.
by rushabh
Rivals swoop in as Hungary’s Malev stops flying (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
BUDAPEST, Feb. 3, 2012 (Reuters) -- Hungarian flag-carrier Malev <MALV.UL> ceased operating early on Friday after its planes were held overseas for unpaid debts, leaving a gap in the market that low-cost competitors were quick to exploit. ... > read full story
by rushabh
Warren Buffett Shows His Funnier Side in Photos
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
When it comes to investing, Warren Buffett is a serious man. But put Mr. Buffett in front of a camera with a future generation of business leaders and the Oracle of Omaha turns into quite a funny guy. Robin Sidel explains on Lunch Break.
by rushabh
Sallie Mae to Change Forbearance Fee Policy
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
A petition on Change.org helped bring about the lender’s new rule on forbearance fees.
by rushabh
DealBook: Private Exchanges Losing Goose That Laid Golden Egg
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Private exchanges, which oversee trading in private shares of Internet start-ups, will lose a lucrative client when Facebook holds its public offering.
by rushabh
Komen Reverses Planned Parenthood Funding Cut
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Breast-cancer charity Susan G. Komen for the Cure on Friday reversed its decision to stop funding grants to Planned Parenthood, following four days of controversy. Louise Radnofsky has details on Lunch Break.
by rushabh
Jobs Data Show Sustained Growth
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year. Phil Izzo has details on Lunch Break.
by rushabh
Toyota: ‘Camry Reinvented’ Ad
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Watch Toyota's 'Camry Reinvented' ad for Super Bowl XLVI.
by rushabh
Go Daddy’s: ‘Cloud’ Ad
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Dreams come true for two young techies when Go Daddy Girl Danica Patrick & The Pussycat Dolls entertain in Go Daddy's Internet Cloud.
by rushabh
What Happens on Wall Street if the Giants Win
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Reggie Browne, an ETFs trader with Knight Capital, previews how traders are likely to react to a Giants win (or loss). He discusses with Paul Vigna on MarketsHub. Photo: Getty.
by rushabh
Dealogic league table roundup, Feb 3
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Asia's equity capital markets are having the weakest start to a year since 2003, with the region's debt markets picking up the slack.
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by rushabh
Stocks Jump on Upbeat Jobs Report
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Stocks moved higher after a closely watched government payrolls report showed the economy added more jobs than expected and the unemployment rate edged lower in January. Steven Russolillo reports on Markets Hub. Photo: AP.
by rushabh
New Treasury Rules Ease Purchase of Annuity With 401(k)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
New regulations are intended to make it easier for retirees to transfer money from their 401(k)s into an annuity that would guarantee payments until they die.
by rushabh
The Powerful Resist Change to Greek Tax System
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The Greek government is proving powerless to transform an inefficient public administration that has served as a power base for the same political leaders now being asked to dismantle it.
by rushabh
Detroit automakers say ‘no’ to Japan joining trade talks (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
WASHINGTON, Feb. 3, 2012 (Reuters) -- Detroit automakers are urging President Barack Obama to reject Japan's bid to join talks on a regional free trade agreement, the head of an automotive group representing GM, Ford and Chrysler said on Thursday. ... > read full story
by rushabh
U.S. Companies Posting High Profits, Paying Little
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
U.S. companies are booking higher profits than ever. Yet corporate tax receipts as a share of profits are at their lowest level in at least 40 years. Damien Paletta reports on Markets Hub. Photo: AFP.
by rushabh
Wegelin, a Swiss Bank, Is Indicted Over Tax Evasion
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The indictment follows charges against three Wegelin bankers accused of conspiring to help American clients hide more than $1.2 billion in assets.
by rushabh
Jobs Data Shows Sustained Growth
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The labor market grew in January at its most robust pace since last spring, adding 243,000 jobs, in a sign that the economy's momentum carried into the new year. Kathleen Madigan reports on Markets Hub. Photo: REUTERS.
by rushabh
S.E.C. Is Avoiding Tough Sanctions for Large Banks
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Even as the Securities and Exchange Commission has stepped up its investigations of Wall Street, the agency has repeatedly allowed the biggest firms to avoid punishments.
by rushabh
Advertising: Some Super Bowl Ads Being Seen Long Before the Game – Advertising
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Advertisers placed many Super Bowl spots on YouTube or social media well ahead of the game, hoping to start a conversation and generate follow-up interest.
by rushabh
Greece’s Hazardous Road to Restructuring
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Weeks before deadline, the shape of Greece's coming debt restructuring is still unknown, Stephen Fidler reports on Markets Hub. Photo: REUTERS
by rushabh
New York sues banks over electronic mortgage system (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
NEW YORK, Feb. 3, 2012 (Reuters) -- New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices, including false documents in foreclosure proceedings. ... > read full story
by rushabh
Central bank liquidity tap to stay open (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
LONDON, Feb. 3, 2012 (Reuters) -- After a blockbuster January for both equities and bonds - rallies that caught many in the market by surprise - investors will be paying keen attention to the world's central banks in the coming week for signs of continued easy money. ... > read full story
by rushabh
Army Studies Workout Supplements After 2 Deaths
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The military has removed dietary supplements containing the ingredient dimethylamylamine from stores on its bases, though the products are widely available elsewhere in the country.
by rushabh
Goldman to face mortgage debt class-action lawsuit (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
, Feb. 3, 2012 (Reuters) -- Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of misleading investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. ... > read full story
by rushabh
High and Low Finance: In Rise of Gold Bugs, History Repeats Itself
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Newt Gingrich’s call for a commission to examine a return to the gold standard has a familiar ring. Ronald Reagan did the same more than 30 years ago.
by rushabh
Bits Blog: Amazon Has Tried Everything to Make Shopping Easier. Except This.
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Amazon wants to eliminate the distance between its customers and its products. One way to do this would be to open up its own stores.
by rushabh
Caterpillar to close London, Ont. locomotive plant (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
, Feb. 3, 2012 (Reuters) -- Caterpillar Inc has decided to close its Electro-Motive locomotive plant in London, Ontario, and lay off at least 450 workers following several months of unsuccessful contract negotiations with the Canadian Auto Workers union. ... > read full story
by rushabh
Ex-Partner Says Stanford Was ‘Dictatorial’ in Fraud Case
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
James Davis, former chief financial officer of the Stanford Financial Group, testified against R. Allen Stanford, the Texas financier accused of defrauding investors in a $7 billion Ponzi scheme.
by rushabh
Economix Blog: Wow. But Is the Number Real?
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
This is a recovery led by the private sector. And while seasonal adjustments may have made January look better than it really was, job growth appears strong.
by rushabh
January service sector growth highest in nearly a year: ISM (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
NEW YORK, Feb. 3, 2012 (Reuters) -- The pace of growth in the U.S. services sector accelerated in January to its highest level in nearly a year as new orders and employment jumped, an industry report showed on Friday. ... > read full story
by rushabh
Factory orders up, business spending rises (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
WASHINGTON, Feb. 3, 2012 (Reuters) -- New orders for U.S. factory-made products posted a second straight monthly rise in December and business capital spending also picked up, a government report on Friday showed. ... > read full story
by rushabh
Labor Market Seeing Sustained Growth
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The News Hub panel provides comprehensive coverage of the improving U.S. employment picture. The Labor Department reported 243,000 non-farm payroll jobs were added in January. AP Photo/The Roanoke Times, Stephanie Klein-Davis
by rushabh
Eurozone private sector rebounds: PMI survey
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
BRUSSELS: Eurozone private sector activity bounced back in January after four months of contraction, a key survey showed on Friday, with notable increases in the two biggest economies, Germany and France.
by rushabh
Walgreen sales hit by exit from Express Scripts (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
, Feb. 3, 2012 (Reuters) -- Walgreen Co <WAG.N> is being hit by its withdrawal from the Express Scripts Inc <ESRX.O> pharmacy network and by a much weaker-than-expected flu season, leading it to temper its expectations for the number of prescriptions it will fill this year. ... > read full story
by rushabh
US jobless rate falls to 8.3% as jobs surge
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
WASHINGTON: The US unemployment rate fell to 8.3 percent in January, its lowest level in more than two years, thanks to an unexpected surge in hiring, government data showed on Friday.
by rushabh
Investors worry where to put cash as banks wobble (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
LONDON, Feb. 3, 2012 (Reuters) -- Investors are holding more cash than at any time since the Lehman Brothers collapse to protect themselves against volatile financial markets, presenting them with a dilemma - where to hold that money when banks are looking shaky. ... > read full story
by rushabh
Aon posts higher Q4 profit (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
, Feb. 3, 2012 (Reuters) -- Aon Corp <AON.N>, the world's largest insurance broker, posted a higher quarterly profit that narrowly beat market estimates on higher revenues from its human resources segment. ... > read full story
by rushabh
A tale of two technocrats: paths diverge for Greece and Italy (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
ROME/ATHENS, Feb. 3, 2012 (Reuters) -- Greek Prime Minister Lucas Papademos and Italy's Mario Monti were appointed within days of each other last November to replace politicians who took their countries to the brink of financial collapse. ... > read full story
by rushabh
Crisis-hit Greeks moved 16b euros abroad: minister
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
ATHENS : Greeks have moved at least 16 billion euros (US$21 billion) in funds to foreign banks in the last two years, about a third of which went to Britain, the finance minister said on Friday.
by rushabh
Regulators step up probe into UBS’s rogue trading losses (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
LONDON, Feb. 3, 2012 (Reuters) -- British and Swiss regulators Have stepped up their investigation into a $2.3 billion trading loss at UBS's London arm last September with the launch of a formal probe. ... > read full story
by rushabh
Analysis: No check-in queue as global airlines wary of India (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
NEW DELHI, Feb. 3, 2012 (Reuters) -- Just because foreign airlines may soon be allowed to invest in India's battered carriers doesn't mean they will. ... > read full story
by rushabh
Euro zone sales tumble at Christmas as households suffer (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
BRUSSELS, Feb. 3, 2012 (Reuters) -- Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, as rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's sick economy. ... > read full story
by rushabh
Merged Glencore, Xstrata would take aim at iron ore (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
SYDNEY, Feb. 3, 2012 (Reuters) -- An $80 billion marriage of commodities trader Glencore and miner Xstrata could lead to a new round of takeovers in iron ore, creating a goliath eager to muscle its way onto one of mining's richest and most closely guarded industries. ... > read full story
by rushabh
Goldman Sachs appoints new co-heads of investment banking
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Matthew Westerman and Dan Dees are to become co-heads of the investment banking division in Asia-Pacific ex-Japan.
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by rushabh
M&A: Keep your eye on China and Japan
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
We ask Samuel S Kim, Morgan Stanley’s head of Asia-Pacific M&A, for his outlook for the year. China will play a key role in fuelling the sector's strength, as will Japan's need to diversify beyond its borders.
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by rushabh
Loan Week, January 27-February 2
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
A roundup of the latest syndicated loan market news.
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by rushabh
Roundtable: Unlocking Bangladesh’s potential
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Bangladesh has been growing consistently during the past decade, but the country has plenty of room for growth. A panel led by the central bank governor discuss the opportunities.
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by rushabh
China cabinet economist warns of "deflation" in 2012 (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
BEIJING, Feb. 3, 2012 (Reuters) -- China's headline consumer price index (CPI) is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday. ... > read full story
by rushabh
Small business hiring flat in January: poll (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
, Feb. 3, 2012 (Reuters) -- U.S. small business hiring was flat in January, a poll released on Friday showed, slightly better than the previous month's reading but still far from levels consistent with strong employment growth. ... > read full story
by rushabh
Swiss probe 12 banks over interbank lending rates (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
ZURICH, Feb. 3, 2012 (Reuters) -- Switzerland said on Friday it was investigating a dozen U.S., European and Japanese banks suspected of conspiring to manipulate interbank lending rates used to set interest rates on hundreds of trillions of dollars of securities. ... > read full story
by rushabh
Incoming Chief Takes On a Sony That Is a Shadow of Its Former Self
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
The company warned it expected to post a fourth consecutive annual loss, of $2.9 billion, as sluggish sales and natural disasters weighed on its bottom line.
by rushabh
Megaupload founder refused bail in New Zealand (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
, Feb. 3, 2012 (Reuters) -- A New Zealand court refused an appeal by the founder of online file-sharing site Megaupload.com to be freed on bail on Friday, agreeing with prosecutors there was a risk he would attempt to flee before an extradition hearing. ... > read full story
by rushabh
White House Offers Plan to Lure Jobs to America
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Rising wages in developing countries and other factors have made keeping manufacturing work in the United States a much more viable option, the Obama administration argues.
by rushabh
Bernanke Hears Criticism From Republicans on Fed Strategy
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
In testimony before a Congressional committee, Ben S. Bernanke defended the Federal Reserve against Republican accusations that its policies could allow higher inflation.
by rushabh
It’s the Economy: It Is Safe to Resume Ignoring the Prophets of Doom … Right?
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Why lots of the smartest economists believe the worst is yet to come.
by rushabh
Local firms vie for Yum’s slice of the China market (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
BEIJING, Feb. 3, 2012 (Reuters) -- Four floors up overlooking the bustle of the cavernous Joy City Mall in Beijing, diners take a break from shopping to slurp noodles and nibble on dumplings at an Ajisen restaurant. ... > read full story
by rushabh
Panasonic to warn of record $9.2 billion annual loss: report (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
TOKYO, Feb. 3, 2012 (Reuters) -- Panasonic Corp is likely to forecast a record net annual loss of more than $9.2 billion, local media reported on Friday, as it tallies the cost of trying to fix its broken TV unit and writes down its Sanyo Electric acquisition, forming a trinity of beleaguered Japanese consumer electronic giants. ... > read full story
by rushabh
PetroChina buys stake in Canada shale gas project
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
SHANGHAI: State-owned PetroChina said it has agreed to take a 20 percent stake in a Canadian shale gas project owned by Royal Dutch Shell, China's latest acquisition of North American natural resources.
by rushabh
Analysis: A sobering look at Facebook (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
SAN FRANCISCO, Feb. 3, 2012 (Reuters) -- It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients. ... > read full story
by rushabh
China’s push for rail reform could be dead in its tracks (Reuters)
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
BEIJING, Feb. 2, 2012 (Reuters) -- When Zhang Dong sat down recently to book train tickets for his trip home for the Chinese new year, he got a taste of the frustration that has helped make China's railway ministry a focus of anger against the country's many bureaucrats. ... > read full story
by rushabh
Oil up in Asia as traders await US jobs report
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
SINGAPORE: Crude prices rose in Asia on Friday on nervous trade ahead of a closely-watched US jobs report to be released later in the day, analysts said.
by rushabh
Qantas plane in ‘priority landing’
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
SYDNEY: A Qantas plane carrying 74 passengers was forced to make a "priority landing" on Friday in Canberra after experiencing engine problems shortly after take-off.
by rushabh
Asian shares down ahead of US jobs results
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
HONG KONG: Asian markets fell on Friday in edgy trade ahead of the release of US jobs data while Federal Reserve chief Ben Bernanke warned the labour market still had a long road to recovery.
by rushabh
Asian shares mixed ahead of US jobs figures
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
HONG KONG: Asian markets were mixed on Friday in edgy trade ahead of the release of US jobs data while Federal Reserve chief Ben Bernanke warned the labour market still had a long road to recovery.
by rushabh
Retailers’ January Sales Show Shoppers Stayed Cautious
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Sales results for big retail chains in January were mixed, according to a tally, ending with an average increase of 4.2 percent from a year ago.
by rushabh
China Weighs Helping a European Debt Rescue
February 3, 2012 in Asia Pacific Business News, Syndicated Posts by rushabh
Prime Minister Wen Jiabao said China might be willing to help finance Europe’s stabilization by working with the International Monetary Fund.
