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Aug 23, 2011

ASIA News, Aug 23, 2011


FTSE live: latest market report
Telegraph.co.uk
“Increased global risk, US dollar weakness, growing inflationary fears, the USA debt downgrade and continuing sovereign debt risks in Europe have increased investor appetite for gold, triggering recentprice strength,” said analysts at Citi. ...
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Gary C. Robb Joins Corcept as Chief Financial Officer
MarketWatch (press release)
Before joining Corcept, Mr. Robb served as Senior Vice President of Operations, Administration and Finance at Fitness Anywhere, Inc. (FAI), a private fitness equipment and training company with operations in the United States, Europe and Asia. ...
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UBS-INSEAD study reveals changing face of Asian philanthropy
The Asset
INSEAD is delighted to collaborate with UBS on this landmark study which will deepen the knowledge about this growing sector and provide a panorama of the rapidly evolving landscape of family philanthropy in Asia,” adds Dipak C. Jain, dean of INSEAD. ...
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Should SodaStream Look To The East?
Seeking Alpha
In a recent Wall Street Journal article the paper quoted Coke (KO) CEO Muhtar Kent's plans to spend $4Bn over the next three years to expand bottling plants and marketing in China. For now, SodaStream (SODA) is concentrating in the United States (ie, ...
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A fool's paradise
Asia Times Online
Professor David Steinberg applies this maneuver in his recent piece on Myanmar A foolish consistency (Asia Times Online, August 13, 2011). Steinberg borrows a famous quote from Ralph Waldo Emerson, who wrote in Self Reliance that "a foolish consistency ...
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10-Q: ASIARIM CORP
Middle East North Africa Financial Network
As announced in our Current Report on Form 8-K filed on July 8, 2010, on July 1, 2010, the Company entered into a conditional agreement with Ascenda to set up a joint venture company, which was Commodore Asia JV, to be engaged in the business of design ...
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Big River Fish ready to hook second Pike County site in early September
Quincy Herald Whig
"We have A, B and C options. If A doesn't come through, we have B and C," Middendorf said. Big River in July 2010 announced an agreement with the state of Illinois and Chinese meat processing company Beijing Zhuochen Animal Husbandry Co. to harvest 30 ...
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Melbourne home to more than a dozen race-based street gangs
Herald Sun
Asian, Arabic, Islander, African and southern European gangs are all active in the city and often target each other in turf wars. One of the most sophisticated and feared is the highly organised Southern Cross Soldiers, a white Australia gang with four ...
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Strong peso is overvalued – economist
Manila Bulletin
University of Asia and the Pacific's Dr. Victor Abola said the peso at current level is overvalued because of the inflows which as of end-June had reached gross total of $10.5 billion from the highly speculative 'hot money' flows, double that of what ...
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Acting Philly schools chief Nunery facing tough path forward | Philadelphia ...
Philadelphia Inquirer
In 2010, she appointed Nunery second-in-command, saying his role would enable her to spend more time in schools and communities. "He was part and parcel of the decision-making of the last year," said Helen Gym, an advocate for Asian and education ...
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Carlson announces the Radisson Blu Hotel Dehradun in India
eTurboNews
“The signing of this hotel brings our India portfolio, both open and under development to 89 hotels with more than 10000 rooms,” said Simon C. Barlow, president, Carlson Hotels, Asia Pacific. “We are delighted to continue to be the number one ...
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GMA holds another documentary festival
Manila Bulletin
Two of its awards are Gold World Medal at the 2008 New York Festivals and Best Current Affairs Program at the 2007 Asian Television Awards. Shown during the docu-fest was “Backdoor,” which won the Silver Screen Award at the 2005 US International Film ...
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Catalent Pharma Solutions to Acquire Aptuit's Clinical Trial Supplies Business ...
Citybizlist (press release)
Aptuit's remaining business maintains state-of-the-art discovery, development and manufacturing facilities in the United States, Europe and Asia. Aptuit offers the most complete set of integrated early development capabilities in the industry including ...
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The future of Securities Finance (judged by the last 3 weeks)
Data Explorers
In normal times ETFs are 30% of daily US equity turnover but this rose to 40% in recent weeks with SPY (SSGA's S&P 500 ETF) and IWM (iShares' Russell 2000 ETF) together forming over 10% of all equity volume. ETFs have been the chosen instruments to ...
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Economic boost
Manila Bulletin
(Ali Macabalang) SURIGAO CITY – Mindanao, particularly the Caraga Region, is a bowl of mineral deposits as it holds Asia's biggest volume of gold, nickel, and copper. It was learned at the recently concluded Mining Summit and Safety Competition here ...
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Paisley Financial Macroeconomic Outlook - The Winds of Change - August 2011
Gold Seek
In fact, the latest June reading of 58.2 matches the recent recession low from December 2009 (see exhibit 32). With QE unable to significantly increase the money supply, bank lending, or jobs, we argue monetary policy contributed very little to the ...
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Auckland Airport posts strong result
National Business Review
Mr Moutter said that passenger numbers continue to reflect dramatic shifts in the global architecture of trade and economic relationships. “Asia and in particular China is now driving much of the growth in global travel demand. ...
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52-Week High Companies: MCD, ED, AUY, HK, GOLD
GuruFocus.com
Global comparable sales increased 5.6%, with the US up 4.5%, Europe up 5.9% and Asia/Pacific, Middle East and Africa up 5.2%. Consolidated operating income increased 19%. Diluted earnings per share was up $1.35, up 19%. Consolidated Edison Inc. (ED) ...
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HSBC India's Davis Says Wages Climbing as Rivals Poach Bankers
Bloomberg
India is HSBC's third-largest contributor to profit in Asia Pacific, after Hong Kong and China, statements show. HSBC CEO Stuart Gulliver is focusing on emerging markets, where he plans to expand hiring even as he cuts 30000 jobs worldwide by the end ...
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Validus Commences Mailing of Proxy Statement to Transatlantic Stockholders in ...
MarketWatch (press release)
Strategic Fit -- The combination of Validus' strong positions in Bermuda and London and Transatlantic's operations in the United States, continental Europe and Asia would produce a complementary business fit and a well-diversified company that will be ...
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Weekly Forecast August 22-August 29, 2011
DailyForex
After the string of dismal data seen in recent days, an upbeat print could see market jitters ease as concerns over a possible double dip scenario abate. However the 2Q Prelim GDP data on Friday may weigh heavily on markets with consensus estimates ...
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Her Vang Named Assistant Director of Multicultural Programs
Gustavus Adolphus College News (blog)
During 2009-10, Vang was a visiting instructor in Asian American Studies at the University of Wisconsin-Madison where he taught classes such as “Hmong Experiences in the US,” “Hmong American Studies,” and “Hmong American Politics in Global Context. ...
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Gustavus Adolphus College News (blog)
Is there a rift at the high-end for server requirements?
ComputerworldUK (blog)
This suspicion has been triggered by the combination of a recent day in NY visiting I&O groups in a handful of very large companies and a number of unrelated client interactions. The pattern that I see developing is one of “haves” versus “have nots” in ...
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Shippers struggle despite record cargo volume
JoongAng Daily
Some of these problems were offset by cargo fees in Asia, to countries such as China, Japan and Singapore, but shippers have not been able to raise prices for key trade routes to the economically struggling US and EU. In fact, shipping charges to these ...
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JoongAng Daily
The Most Actively Traded Stocks on this Wall Street August 22nd Afternoon
Wall St. Cheat Sheet
Automotive segment includes the operations of Ford North America, Ford South America, Ford Europe and Ford Asia Pacific Africa. ProShares UltraShort S&P500 (NYSE:SDS): 12.08 million shares have traded hands and its market capitalization is $2.70 ...
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Splendid Growth Patterns in Asian Convenience Store Sector
Your-Story.org (press release)
The report, “Asian Convenience Store Market Forecast to 2012”, measures the structure of c-store sector in different Asian countries and the competitive landscape prevailing along with recent market developments. It also investigates the current market ...
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