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July 24, 2008 |
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Asia InsiderKeep up-to-date with the latest news from Asia |
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Inside: This Week In Asia
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AUTOS
China's Geely Has Global Auto Ambitions With the automaker's winning affordable-car formula under pressure at home, Chairman Li is pushing hard for a breakthrough on the world stage
AUTOS
The Driving Force Behind China's Chery The chief of the No. 1 Chinese automaker has global aspirations. Exports to Italy, Egypt, and Russia are up, and there's talk of a Volvo bid
STRATEGIES
Hyundai Happily Downshifts Back to Small Cars But as it cashes in on demand for gas-sippers, the Korean giant is slowing its upmarket push
AUTOS
• From Economic Times of India
Next for Indian IT Companies: Auto Design They're hiring engineers and design professionals from carmakers, in a bid to expand their range of business
DEAL OF THE WEEK
What Bud's Takeover Means for China InBev's $52 billion acquisition of Anheuser-Busch makes it the largest brewer in the mainland, up from No. 5 before the deal
ECONOMICS & POLICY
How to Save the U.S.-Korea Free-Trade Deal It may take a special post-election session of Congress to address this sensitive trade pact without the heat of campaign politics
TELECOM
Why Korea's SK Telecom Wants Sprint With its home market nearly saturated, Korea's No. 1 mobile-phone operator seeks an acquisition to become a big player in the lucrative U.S.
EYE ON ASIA
GE to Raise Over $5.4 billion Through Japan Sale Critics think Shinsei Bank's bid to buy the electronics giant's Japanese consumer finance business is a risky move, but GE could use the cash
PRIVATE EQUITY
China's Private Equity Boom While U.S. private equity investment is expected to remain flat in 2008, China should register 30%-plus growth for the next three years
ASIAN INVESTOR
• From Asian Investor
Mark Mobius: Beware of Emerging Markets Templeton's investment guru warns that emerging-market risk and volatility require as strong a stomach as ever
AVIATION
• From FinanceAsia.com
Indian Airline SpiceJet Gets WL Ross Investment The U.S. investment firm invested just under $80 million to help the Indian budget carrier fund the expansion of its fleet
PHARMA
• From Economic Times of India
Ranbaxy: U.S. Charges Could Create India Woes The Indian government is concerned that shareholders weren't properly informed about the risks Ranbaxy faced in the U.S.
PHARMA
Cheap AIDS Drugs Bring Uganda Hope A new factory by Indian drugmaker Cipla is boosting the local supply of free anti-retroviral treatments for those suffering from HIV
ASIA
Indian Companies Expand into Africa Africa is home to 2 million Indians, 10% of India's global diaspora
INTERNET
A Crackdown on India's Cybercafés India's cybercafés could be headed for extinction as a nationwide clampdown in the name of anti-terrorism threatens their existence
EYE ON ASIA
Arrests Mar China's Ivory Victory A day after the UN gave China permission to legally export ivory, Kenyan police arrested two alleged ivory smugglers headed to China
TELECOM
• From ZDNet Asia
India's 3G Unlikely to Happen Soon Inordinate delays in rolling out the service have frustrated telecom operators and consumers in this tech-savvy nation
ONLINE BIZ
• From FinanceAsia.com
Chinese Online Education Provider Seeks U.S. IPO This Chinese online educator has filed to get its upcoming IPO on the New York Stock Exchange in late July
MEDIA
China Censorship 2.0 Extends to Twitters Bloggers say the Communist Party is monitoring Twitter postings, forcing them to limit access to their Tweets
STEEL
• From FinanceAsia.com
Sinosteel's $1.32 Billion Takeover of Midwest Succeeds The resource-hungry Chinese company pioneers the first hostile takeover of a foreign company
BW MALL
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BLOG Eye on Asia >>
In the wake of the decision by several U.S. airlines such as Northwest, American Airlines and United to start charging for checked luggage, I feel I can finally go public with an idea I've been thinking about for several years. Why not charge passengers for their combined weight, instead of penalizing them for traveling with luggage?
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Business and the Olympics |
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More Red Tape for Olympic AdvertisersA new policy set by the Beijing Olympic organizing committee means Games sponsors will now have to resubmit their bids to buy adsOlympic Sponsors Cheer the Home TeamWestern businesses are harnessing Olympic fervor in China and playing up national pride in their advertising campaignsVideo Piracy's Olympic ShowdownBeijing is finally tackling video piracy. China wants to prove it can protect the lucrative broadcasting rights for the Summer GamesOlympic Diplomacy: Don't Fear ChinaChina's Li Ning: Toe-to-Toe Against Nike and Adidas |