China
Beijing Auto, Merbanco, Renco Said to Make Approaches About GM's Saab Unit Beijing Automotive Industry Holding
Co., Merbanco Inc. and Renco Group Inc. have made approaches
about General Motors Co.’s Saab unit after a sale to Koenigsegg
Group collapsed, two people familiar with the situation said.
China Stocks Fall; Index Heads for Biggest Weekly Decline in Three Months China’s stocks fell, sending the
benchmark index to its biggest weekly loss in three months, as a
slump in commodity prices and share-sale concerns dragged raw-
materials producers and financial companies lower.
HSBC, Standard Chartered Lead Declines in Asian Financials on Dubai World HSBC Holdings Plc, Europe’s biggest
bank, and Standard Chartered Plc led declines in Asian financial
stocks on concern lenders may be hurt by Dubai World’s plan to
delay payments to creditors.
Palmer Said to Delay $3 Billion Hong Kong IPO of Resourcehouse Until 2010 Resourcehouse Ltd., controlled by
Australia’s fifth-richest man Clive Palmer, will delay a Hong
Kong initial share sale that’s seeking as much as $3 billion
until early next year, said two people familiar with the plan.
Asian Citrus Tumbles 60% in Hong Kong After Exchange Halts Stock on Debut Asian Citrus Holdings Ltd. fell as
much as 62 percent in Hong Kong trading after the exchange said
“disorderly” transactions prompted it to suspend China’s
biggest orange plantation owner on debut yesterday.
Taiwan's Economy Contracts 1.29% in Third Quarter, Slowest Pace in a Year Taiwan’s economy shrank at the
slowest pace in a year in the third quarter as rising Chinese
demand for the island’s electronics signaled it may soon emerge
from a yearlong recession.
China Sells 50-Year Bonds at Lower-Than-Expected Yield on Insurer Demand China’s finance ministry completed
its first sale of 50-year debt at a lower-than-expected yield as
brokerages said life insurers purchased the securities.
Politburo Pledges to Maintain Monetary, Fiscal Stimulus Policies in 2010 China’s Politburo, the Communist
Party’s top decision-making body, said the nation will maintain
stimulus policies next year as the world’s third-biggest economy
recovers from the global slump.
Hong Kong's Stock Index Slides as Dubai World Debt Delay Drags HSBC, Banks Hong Kong’s Hang Seng Index dropped
5 percent, the most in almost a year, as bank shares tumbled
after Dubai attempted to reschedule debt repayments.
Geely Says Volvo Will Retain Title to Technology After Purchase From Ford Geely Holding Group Co., the Chinese
carmaker in talks to buy Volvo Car Corp., said the Swedish
company would retain ownership of technology following a sale by
Ford Motor Co.
Greenhouse-Gas Pledges by China, U.S. May Drive Climate Deal in December Pledges by China and the U.S. to set
numerical targets for their greenhouse-gas emissions through
2020 may reignite stalled progress for a global climate
agreement at negotiations next month in Copenhagen.
Nine Dead of Suffocation After Coal Mine Gas Blast in Guizhou, Xinhua Says Nine workers died of asphyxiation
after a coal mine gas blast in the southwest province of Guizhou
in China yesterday, the official Xinhua News Agency said, citing
the local authorities.
China Finds 88 Cases of Wrongdoing Involving Stimulus Plan, Xinhua Reports China has found 88 case of
wrongdoing involving the nation’s stimulus plan introduced in
November of last year, the official Xinhua News Agency
reported, citing He Guoqiang, secretary of the Central
Commission for Discipline Inspection. Those cases involve 198
government officials, the Beijing-based news service reported.
The central government investigated 2,472 stimulus projects and
found 2,151 irregularities, Xinhua reported yesterday, without
giving more details of the alleged wron
SYMBOL LOOKUP
HOME
