Filipinos Bid Adieu to a President with Heart
[2009-08-20]
Inspiring but never pretentious Corazon Aquino has been loved ever since her 'people power' triumph. The love affair continues.
News AM August 20
[2009-08-20]
Shanghai Free Trade Zone Approved; BOCOM H1 Net Profit Up 0.3%; China's Petroleum Output Stagnates; Legislator Involved in Gang-Related Crimes
China to Investigate U.S. Electric Steel Imports
[2009-08-20]
The Ministry of Commerce decided to investigate the U.S. government's low-priced or subsidized electricity, coal and natural gas supply to the steel industry.
Andy Xie: New Bubble Threatens a V-Shaped Rebound
[2009-08-20]
A growing liquidity bubble that ignores structural facts is the basis for today's happy talk about a comeback for the global economy.
Macroreview: Crisis Tests Strength of China's Export Muscle
[2009-08-19]
China's exporters have suffered in the global downturn, but they've clung to import market share in major economies.
Essential Drug List Offers Investment Opportunity
[2009-08-19]
Several listed firms that make patented drugs included in the list saw their share prices surge following the announcement.
News PM August 19
[2009-08-19]
Anhui Jianghuai Auto H1 Net Down 31.8%; China Minsheng H1 Net Profit Up 22%; UNEP Unveils Environmental Assessment Report of World Expo
Everbright, Macquarie Plan China Infrastructure Funds
[2009-08-19]
The funds target infrastructure projects in China and aim to raise a combined $1.5 billion.
China Cuts U.S. Treasury Holdings by $25.1 Bln in June
[2009-08-19]
While China's total holdings fell, its long-term U.S. Treasury securities portfolio grew US$22.6 billion in June.
Big Four Banks' H1 Net Profit Likely to Fall
[2009-08-19]
China's four biggest commercial banks are likely to report a first-half net profit decline despite massive lending.
News AM August 19
[2009-08-19]
Three ETF Products Approved; China Minsheng H1 Net Profit Up 22%; Shenzhen Energy H1 Net Profit Up 110%; China Takes First Step toward a Basic Drug System
Building Blocks for Global Financial Centers
[2009-08-19]
Conditions must be met to qualify a currency for international reserves. The same holds true for an international financial center.
News PM August 18
[2009-08-18]
Sinopec Completes Takeover of Addax; CGES Predicts Decline in China Crude Imports; CLSA to Kicks off 10 Bln Yuan Fund in Shanghai; Shenzhen Gas IPO Plan Approved
Central Bank's 1-Yr Bill Yield Flat
[2009-08-18]
If the yield exceeds 2.25 percent, the PBOC will be forced to raise benchmark interest rates, which would go against its moderately loose monetary policy.
'Breakthrough' Iron Ore Deal May Fall Flat
[2009-08-18]
A new contract with ore supplier Fortescue could be more of a gesture than a genuine money saver for Chinese steelmakers.
CNPC, Abu Dhabi National Oil Sign MoU on Oil Trading
[2009-08-18]
CNPC is stepping up its presence overseas, both in terms of acquisitions and strategic partnerships, as it looks to take advantage of depressed asset prices and strengthen China's energy security.
Citic Pacific to Sell 14.5% Stake in Cathay Pacific
[2009-08-18]
The deal is seen as a major move for Citic Pacific to divest its non-core businesses after it was hit by nearly US$2 billion in foreign exchange-related losses last year
Careful Steps toward a Stimulus Exit Door
[2009-08-18]
China's fiscal stimulus has been a boost to market confidence, but maintaining strong confidence will require the right exit plan.
Shenzhen Exchange Records Largest Net Outflow in July
[2009-08-18]
Major institutional investors cut holdings of Shenzhen-listed shares in July, causing the biggest monthly net outflow of this year on the exchange.
News AM August 18
[2009-08-18]
GD Power H1 Net Profit Up 96.2%; BYD to Sell Lithium-ion Batteries to Domestic Automaker; Ponzi Conspirators Sentenced
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