CHINA

ICBC to buy small Indonesia bank

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Industrial and Commercial Bank of China, the largest lender in China Mainland, started a preparation for acquiring a small Indonesia bank......
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Media Free to Roam in China During 2008 Games

Foreign media will be free to travel around China and enjoy uncensored access to the Internet during the 2008 Beijing Olympics, organizers said on Wednesday. Non-Chinese journalists currently need permission to move around the country, while websites containing material considered sensitive by the Chinese government are frequently blocked.
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LG, Samsung Dominate TV Shipments

A new report reveals that Korean television manufacturers have supplanted other manufacturers, taking the number one and two spots in unit-shipment rankings for the second quarter this year.
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Economists On Climate Change: Do We care?

Will the spending needed to prevent global warming cost the world more than just sitting back, or even enjoying the possible financial benefits of a hotter planet?
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U.S. group prods China to open life insurance sector

A U.S. industry group called on China on Tuesday to streamline licensing requirements for foreign-invested life insurers seeking to expand their operations and to do away with restrictions on foreign ownership.
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U.S. drops to 6th in world competitiveness ranking

The United States fell to sixth place in the World Economic Forum's 2006 global competitiveness rankings, ceding the top place to Switzerland, as macroeconomic concerns eroded prospects for the world's largest economy.
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China blogging leaps 30 fold in four years

The number of blog sites in China reached 34 million last month, a 30 fold increase from four years ago, state media said on Tuesday, despite a series of curbs on media and dissent.
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FUND FOCUS-Commodities undervalued by 30 percent

The oil price might have fallen almost 25 percent from its peak, but the commodities sector as a whole is undervalued by around 30 percent giving further opportunity for growth according to one fund manager.
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China blogging leaps 30-fold in four years

The number of blog sites in China reached 34 million last month, a 30-fold increase from four years ago, state media said on Tuesday, despite a series of curbs on media and dissent.
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eCommerce, gateway between Middle East and China

Online markets can build more profitable business relations between China and Middle the East, told the CEO of a leading online exchange from the Middle East to an audience in Beijing at the China Internet Conference 2006.
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Venture capital looks to find its global footing

Faced with mounting pressures of doing business in Silicon Valley, the venture capital industry is going global, albeit in stops and starts that reflect the risks of doing business in foreign lands.
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China consumers turn cautious on P&G skin-care row

Public anger in China over a popular skin-care line has become a public relations headache for Procter & Gamble , underlining the challenges foreign firms face as they contend with increasingly discriminating consumers.
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ICBC lauches its IPO

Industrial & Commercial Bank of China, the largest lender of mainland, will launch its initial public offer and become the first one offering the listing.......
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FTSE 100 falls on U.S. growth worries

The FTSE 100 fell on Friday, with Wall Street seen extending losses after a Philadelphia Federal Reserve survey sparked concerns over U.S. growth and corporate profitability
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U.S., China Differ on Timing, Not Goals: Paulson

The United States and China differ on how quickly they can resolve their economic disagreements, but not on the general goals, U.S. Treasury Secretary Henry Paulson said on Friday after meeting China's top two leaders.
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China Merchants Bank lists today

China Merchants Bank shares began to trade in HKex today after yestoday's hot off-board transactions which dark-price once jumped 11 yuan yestoday and closed at 10.6 yuan - far higher than its offering price of 8.55 yuan, and the Price-Book value ratio soared 3.19 time.
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FTSE 100 Climbs On Strong Results, Oil Caps Gains

Britain's FTSE 100 pushed ahead on Thursday, buoyed by strong results and bullish earnings forecasts, but gains were capped by continued weakness in crude prices, hitting oil heavyweights and utilities.

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