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Sep 9, 2011

ASIA News, Sep 09, 2011


Scotiabank to buy 20 percent of Guangzhou Bank for $735 million
Reuters
TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for aboutC$719 million ($735 million) to expand its footprint in China, the latest in a string of foreign lenders to buy a stake in a Chinese bank. Scotiabank expects the deal ...
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Reuters
M&A News VRSN, C, Mining, Asia
Live Trading News
Stock options trade has been very active too, the P/C ratio is 0.34. Cross-border PE-backed M&A activity targeting Asia ex-Japan companies is up 8.4 percent over the same period last year, with deal values reaching $11.9 billion so far this year. ...
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Live Trading News
Is It Time for America to Harden Its Asian Alliances?
Council on Foreign Relations (blog)
by Elizabeth C. Economy Chinese fighter jets take part in an international fleet review to celebrate the 60th anniversary of the founding of the People's Liberation Army Navy in Qingdao, Shandong province on April 23, 2009. ...
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In Tyler Clementi's NJ dorm, tensions were high
The Associated Press
In his own musings in those first days of dorm life a year ago, Clementi wrote, "I got an azn," or Asian, for a roommate. His family is "soo Indian/first gen Americanish," he wrote. Those snippets of court documents released in recent weeks paint a ...
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The Associated Press
The South China Sea Conundrum – Analysis
Eurasia Review
In response to China's encroaching military maneuvers and the country's designation of the whole area as part of its indisputable sovereignty, several South East Asiancountries have found themselves dangerously vulnerable. A murky legal regime has led...
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Eurasia Review
Philippines - Market factors to watch - Sept 9
Reuters Africa
DIARIES & DATA: IPO diary & data Asia earnings diary US earnings diary European diary Wall Street Week Ahead Eurostocks Week Ahead World forecasts TOP NEWS: For top Asian company news, double click on: US company news European company news Forex news ...
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British Columbia's commodity boom
The Economist
In recent years the region has had a boost from Asia's appetite for natural resources. Construction projects in the province worth C$12 billion ($12 billion) have either begun or been announced. They include natural-gas and oil pipelines, ...
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Oil sands buffeted by economic headwinds
Petroleum Economist
Shaun Polczer, CALGARY: The recent drop in North American oil prices has pitched Canada's high-cost oil-sands sector into turmoil. Hundreds of billions of dollars of new capital expansions are under threat, industry analysts warned this week, ...
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Petroleum Economist
Asia Now Drills 26.7 Meters at 73.4 g/t Silver and 6.1% Lead, Expands the ...
MarketWatch (press release)
In order to capitalize on the recent better than expected drilling results and the progress made with surface geological mapping, the Company has decided to add another 14000 meters drilling in addition to the previous plan of 40000 meters drilling for ...
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Loan Week, September 2-8
FinanceAsia
Proceeds are to refinance two existing facilities signed in August and November 2009. C Sun MFG obtained a NT$1 billion dual-tranche fundraising on Monday (September 5) through sole bookrunner Industrial Bank of Taiwan. The five-year fundraising ...
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Perfect Storm, Jewish and Tiger Moms
AsianWeek
Meanwhile, they could end up supporting pension reform measures – Mayor Lee and Board President Chiu's compromise in Prop C and Public Defender Jeff Adachi's more comprehensive Prop D… ASIAN MOMMY BASHING: Terry Chua's book, Battle Hymn of the Tiger ...
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AsianWeek
Aquino's infrastructure spending problems
Asian Correspondent
By Asia Sentinel Sep 09, 2011 1:01PM UTC The resignation on Sept. 6 of Philamer C. Torio, executive director of the Philippine government's Public-Private Partnership Center is a disheartening indication that the Aquino administration's ambitious plan ...
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Citigroup (C) Analysts Initiate Coverage on Global Payments (GPN)
LocalizedUSA
On September 28, 2009, it acquired Auctionpay, Inc. On May 26, 2010, the Company disposed of its DolEx and Europhil-branded money transfer businesses. Global Payments last announced its quarterly results on Thursday, July 21st. ...
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Faith under fire
Abilene Reporter-News
Those findings were not surprising to Larry Henderson, missions coordinator at Abilene Christian University, because 60 percent of the world's population lives in Asia. "China is the biggest player inAsia," he noted, "and they are very restrictive ...
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Aquino's Infrastructure Spending Problems
Asia Sentinel
The Philippines is tied with eight other nations ranked 134th in the world by Transparency International's corruption perceptions index, among the worst in Asia. Indonesia, by comparison, ranks 110th. President Aquino, at the outset of his ...
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Aviation ministry under fire for financial distress of Air India
mydigitalfc.com
The CAG report on Air India, tabled in Parliament on Thursday, said, “Massive expansion of bilateral entitlements in respect of several countries (notably in the Gulf, Southeast Asia and Europe) has facilitated several foreign airlines (predominantly ...
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"Al Qaedaism continue to exist in PHL despite leader's death"
Philippine Star
It still has the great illusion of creating a Pan-Islamic caliphate throughout the Islamic world that includes Southeast Asia. In Southeast Asia, the Al Qaeda-linked Jemaah Islamiyah (JI) has also weakened a decade after 9/11. ...
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Asian nations begin long road to Brazil
stv.tv (blog)
Group C, considered by most as the group of death, has already proven to be a stern test for a Japanese side that were looking to make short work of these World Cup qualifiers. Accompanied by this year's Asian Cup Semi Finalists and 2010 World Cup...
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stv.tv (blog)
Prayag United SC: Team Analysis and Season Preview 2011-12
The Hard Tackle
He was sidelined from the national team after the Asia Cup in January and is now aiming for a good season at the club level in order to get back into the national team. He can play as a center back or as a fullback which will provide a lot of options ...
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Researchers Predict Extreme Summertime Temperatures to Become a Regular ...
Newswise (press release)
“In these regions, if the 2°C threshold is passed, it is more likely than not that every summer will be an extreme summer compared with today,” said Anderson. Further, the region is expected to follow soon after Africa, Asia, and the Amazon as one in ...
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Gilas likely to advance – Toroman
Manila Bulletin
By WAYLON GALVEZ MANILA, Philippines — Smart-Gilas Pilipinas Serbian mentor Rajko Toroman believes the team can chalk up at least two victories in the first round of the FIBA-Asia Championship in Wuhan, China which begins next week. ...
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'Presumptive Illness Period' at Risk for Gulf War Vets
City Watch
“Became manifest either during active military, naval, or air service in the Southwest Asia Theater of operations during the Persian Gulf War, or to a degree of 10 percent or more not later than December 31, 2011.” It was just March 18, 2010 that ...
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The Clinton Bush Haiti Fund Continues to Help Connect Haitians with Resources ...
MarketWatch (press release)
The HAND/EYE Fund is a 501(c)(3) created in 2010 to connect artisan groups to US markets. It supports skilled artisans through grants to artisan cooperatives around the world. Its leaders are respected for their commitment to artisans and strong, ...
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ACI Worldwide: A Potentially Great Buy Given Current Market Movements
Seeking Alpha
C. Regulation: In 2010, Congress passed the Durbin amendment that prohibits financial institutions from increasing interchange fees to cover fraud charges. Furthermore, on Dec. 16, 2010, the Federal Reserve issued a Proposed Rule to Limit Debit Card ...
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Deutsche Bank's Anshu Jain Shifts from Bonds to Stocks
BusinessWeek
Jain replaced the management of the business and since 2009 has hired 150 people in equity research, sales, and trading, with a focus on North America and Asia. A revamp of the bank's electronic trading platform to improve order management systems is ...
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BusinessWeek
CORRECT: Smithfield Foods 1Q Profit Up 7.6% On Strong Prices, Exports
Wall Street Journal
Smithfield's April 2010 closure of an Iowa processing plant tightened industry supplies. Strong exports, particularly to Asia, also have boosted demand. President and Chief Executive C. Larry Pope said the company is aiming for 3% sales volume growth ...
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