Taiwan Sun
TaiwanSun.com Tuesday 7th September 2010 Volume 2919
bullet
Front Page Asia Business News
corner
Pilots needed in busy Asian marketPilots needed in busy Asian market
An increase in Asian travel has seen a greater need for...


Add to My Yahoo!
Prius becomes top-selling car in JapanPrius becomes top-selling car in Japan
Toyota Prius has become the top-selling car in Japan for...
Key Asian interest rates put on holdKey Asian interest rates put on hold
The Australian central bank has left interest rates on hold at...
Market reacts badly to China Strategic announcementMarket reacts badly to China Strategic announcement
The China Strategic company has sunk to an 11-month low in Hong...
Australian bank warns of profit dropAustralian bank warns of profit drop
The Macquarie bank in Australia has warned customers that shares will be down due to a company announcement cutting its profit...
RBI for bank pay parity
Mumbai, Sept. 7: Reserve Bank of India governor Duvvuri Subbarao today advised state-owned banks to increase the pay packets of its executives if they wanted to head off an inevitable exodus to...
Bid to end menace of crony directors
New Delhi, Sept. 7: Rogue industrialists such as B. Ramalinga Raju may no longer be able to pack their boards with hand-picked independent directors who merely rubber stamp board...
Move to sort out visa row
New Delhi, Sept. 7: India hopes to settle the disagreements with US over visa fees during commerce minister Anand Sharma’s visit to Washington later this...
Public role in plan strategy
New Delhi, Sept. 7: Planning the course of the economy is set to break free from the cloistered world of government officials and economists. In a first-of-its-kind exercise, just about anyone will...
Code tightens screws on tax havens
The 417-page new Direct Taxes Code Bill, 2010 was tabled in Parliament last week and already a host of issues have been placed before the select committee by industry experts. The much awaited draft...
Gillard’s ‘Ferrari’ Web Plan Returns Her to Power in Australia
Sept. 8 (Bloomberg) -- Prime Minister Julia Gillard’s proposal to bring high-speed Internet access to Australia’s remotest corners helped her win the support she needed to secure power as...
Londoners Took to Bikes, Boats, Taxis in Tube Strike
Sept. 7 (Bloomberg) -- Londoners took to boats, bikes, taxis, and their own two feet to get to work today, with as many as 10,000 Tube workers staging the first of a series of 24-hour strikes over...
Vodafone to Sell China Mobile Holding for About GBP4.3 Billion
Sept. 7 (Bloomberg) -- Vodafone Group Plc announced an agreement to sell its 3.2 percent stake in China Mobile Ltd. and said it expects the cash consideration to be about 4.3 billion pounds before...
Tube Mogul & TAN to bring in PlayTime
India . A video advertising platform that connects brandswith targeted audiences, PlayTime is the world's first 100% transparent ad platform for video advertisers. Under this partnership, the digital...
'Leaders can be created in classroom'
Bill George and Mahatma Gandhi as incredible leaders, is in India as part of the process that will churn out thought leadership across business, social and political classes. In an interview...
Etisalat eyes Idea, not RCOM
Etisalat, the UAE's biggest phone company, said it's considering investing in Idea Cellular to tap the world's second-largest wireless market. However, the company specified that it is not looking at...
US buy makes KEC top power tower maker
KEC International into the top slot of lattice (freestanding framework) tower manufacturing in the world, with a capacity of over 3 lakh tonne. These towers are used to transmit power from one region...
India voted 7th best holiday destination
tourist destination is scaling new heights. Globetrotters and tourists from around the world are warming up to the country's people and hospitality by voting India as the seventh-best destination in...
Tata Steel may sell South Africa plant
M Nerurkar . "As the cost of inputs like iron ore and coal will remain high, steel prices will also remain firm," he said. While availability of iron ore and coal would be a matter of concern to...
HDFC repackages teaser home loans
HDFC on Monday launched the product in a new avatar with higher rates. HDFC, the country's largest housing finance company, has hiked rates marginally under its dual...
Toyota offers free Hispanic pride stickers
TORRANCE, Calif. — Toyota Motor Corp., hoping to solidify its standing as the top brand for Hispanic buyers in the U.S., is offering drivers a series of stickers that celebrates their Hispanic...
Nomura Names Europe M&A Co-Heads as Mee Said to Leave
Sept. 7 (Bloomberg) -- Nomura Holdings Inc. named Adrian Fisk and Andrew McNaught to run its European mergers and acquisitions advisory business after M&A banker Adrian Mee left for Bank of...
Nomura Names Fisk, Mcnaught Co-Heads of European Mergers
Sept. 7 (Bloomberg) -- Nomura Holdings Inc. named Adrian Fisk and Andrew McNaught co-heads of European mergers and acquisitions to replace Adrian Mee. A Nomura spokesman in London confirmed the...
Japan Has More Than Just a Yen Crisis
It's the economy that cried wolf. With growth slowing, deflation deepening, and the yen inexplicably surging in late August, Japanese policymakers pledged bold action. Bank of Japan Governor...
Nomura Raises Yen Forecast
Nomura expects the yen to end 2010 at 82.50 against the dollar from an earlier target of 87.50, it said in a report dated yesterday. The yen may reach 80 per dollar by March 2011, the company said,...
Carmaker BYD vs. China's Farmland Laws
BYD, China's fastest-growing major automaker, will be a test case for whether the government values corn and wheat over industry. China's Land & Resources Ministry says that BYD, maker of China's...
Giant Chinese Traffic Jam Eases
Sept. 6 (Bloomberg) -- A traffic jam on the Beijing-Tibet Expressway eased after limits on the number of vehicles entering the Chinese capital were removed, the official Xinhua News Agency reported,...
Fixing China's Banks: The Next Round
pulling off the world’s largest IPO . AgBank was the weakest of the Big Four state-owned banks, and with its listing all of the large Chinese banks are now publicly traded. No small...
After Recalls, Kia Vice Chairman Quits
Sept. 7 (Bloomberg) -- Kia Motors Corp. said today that Jeong Sung Eun resigned as vice chairman of the South Korean carmaker to take responsibility for the recent recalls of four models. President...
Korean Won Slips from Four-Week High
Sept. 7 (Bloomberg) -- South Korea’s won fell for the first time in five days on speculation the central bank intervened to curb appreciation that may hurt...
Samsung May Use Android in TVs
Sept. 7 (Bloomberg) -- Samsung Electronics Co., the world’s largest television manufacturer, may make sets run by Google Inc.’s software to compete with Sony Corp. and Apple Inc. in the...
Vodafone Sells China Mobile Stake for $6.6 Billion
Sept. 7 (Bloomberg) -- Vodafone Group Plc, the biggest mobile-phone company by sales, is selling its entire 3.2 percent stake in China Mobile Ltd. for about $6.6 billion, according to terms of the...
Bank of America Said to Plan Hiring of Nomura’s Mee for M&A
Sept. 7 (Bloomberg) -- Bank of America Corp. plans to hire Adrian Mee from Nomura Holdings Inc. as head of international mergers and acquisitions, said a person with knowledge of the...
ICO’s Osorio, ‘Mr. Coffee,’ Is Leaving to Join UN
Sept. 7 (Bloomberg) -- International Coffee Organization Executive Director Nestor Osorio is leaving the industry he entered in 1978 for a role at the United...
First Naphtha Shipments in Three Months to Asia: Energy Markets
Sept. 7 (Bloomberg) -- Asian petrochemical companies will import naphtha from Europe for the first time in three months in September as demand rises in...
#Today's Diary* What to expect on Sept 8, 2010
] underwriting ceremony at Banquet Hall, Level 26, Bangunan AmBank, Jln Raja Chulan, KL at 10.15am.British American Tobacco (Malaysia) Bhd holds a corporate talk and face-to-face session with MD...
Bank of Japan open to further action
Japan's central bank yesterday kept its key interest rate unchanged at 0.1 percent to continue nurturing a moderate recovery, but signalled stronger concern about the impact of a surging yen.In a...
BHP Shareholders Favor Buybacks to Potash Bid, Survey Shows
Sept. 8 (Bloomberg) -- The biggest obstacle to BHP Billiton Ltd.’s $40 billion bid for Potash Corp. of Saskatchewan Inc. may be BHP’s own...
Gillard Keeps Power by Ceding Ground to Australia Independents
Sept. 8 (Bloomberg) -- Julia Gillard held on to power as Australia’s first female prime minister after two independent lawmakers agreed to prop up a minority Labor Party government to resolve...
British Airways still keen on Qantas merger
Submit your comment British Airways would be keen on reopening merger talks with Qantas Airways if Australia's top carrier was interested in reviving a deal that collapsed in 2008, according to BA's...
KL-Kuala Selangor Expressway To Be Opened To Public In April 2011
KL-Kuala Selangor Expressway To Be Opened To Public In April 2011 You are not an authorised user. Please contact us 03-20504478 immediately so we may assist...
Malaysian Investors Get Pakistan Invite
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 7 (Bernama) -- Pakistan hopes to attract Malaysian investors, particularly in the...
Nikkei Stock Average closed on Tuesday at 9,226 points, down 75.32 points
TOKYO - The Nikkei Stock Average of 225 issues closed at 9,226 on the Tokyo Stock Exchange Tuesday, down 75.32 points or 0.81 per...
Investors Vulnerable to Loss on Rising Duration: Credit Markets
Sept. 7 (Bloomberg) -- Corporate bond investors are facing the potential for record losses when policy makers start to raise interest rates as companies take advantage of falling borrowing costs to...
Quake-Hit Christchurch’s Reconstruction Seen Boosting Economy
The rebuilding effort after New Zealand’s worst quake in 80 years will help spur an economic rebound over the next 12 months, economists forecast, citing experiences from disasters in Japan and...
Bank of Japan Vows to Step Up, if Necessary
Bank of Japan stood pat on monetary policy on Tuesday but vowed timely action when needed, setting the stage for possible easing next month when it has clarity on political leadership and the strong...
Toyota keeps going right - to Antarctica
Toyota SA has partnered with Arctic Trucks, converters of Hilux and other Toyota vehicles, to convert six South African-built Hilux bakkies for use in Antarctica. Four of them (two four-wheeled...
General Corp Enters PN17 List
You are not an authorised user. Please contact us 03-20504478 immediately so we may assist you.-->KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia Securities Bhd on Tuesday announced that General...