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Mon, February 04, 2008 03:30:54 PMFrom:
BusinessWeek Asia Insider
Subject:
Catching the Eye of China's Elite
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February 04, 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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POLITICS & ECONOMICS
In China, a Winter of Discontent With millions stranded by snowstorms and infrastructure problems, antigovernment protests are likely. Will Beijing's apologies defuse the crisis?
COMPANIES IN THE NEWS
Chinese Pesticide Scare Hits Japan Tobacco A dumpling recall hurt Japan's largest frozen foods producer, which saw its stock price tumble to its lowest level since March 2007
TOP NEWS
Altria's Split: Where There's Smoke… A Switzerland-based Philip Morris International will make it easier to pursue the hordes of smokers in lightly regulated global markets
CHEMICALS
• From FinanceAsia.com
Tata's Latest Billion-Buck Buy The latest cross border M&A deal by the Indian conglomerate surprises observers by having Tata Chemicals, not Tata Motors, in the driver's seat
TELECOM
• From Telecom Asia
Cable Snafu Cuts Internet Access in India Cuts to two subsea cables in the Mediterranean disrupted internet and voice services in India and the Middle East. The two cables are the prime direct links between Europe, the Middle East, and south Asia
TECH KNOWLEDGE
• From S&P
Outsourcers: Coming Down to Earth The once high-flying shares of Indian IT consultants have retreated, giving investors an attractive entry point
COMPENSATION TRENDS
Indian Companies Struggle as Wages Rise Despite its massive population, India faces worker shortages in many sectors. Rapid growth means businesses must offer higher wages to keep employees
EYE ON ASIA
Japanese Court Slams McDonald's for Phony-Manager Scheme In the fast-food giant's second-biggest market, a judge rules it created phony management positions to avoid paying employees overtime
INFO TECH
Lenovo Has Less to Lose in the U.S. Ironically, what may be shielding the computer maker from recession fallout is its continued inability to crack the U.S. market
TECH & YOU
MacBook Air: A Little Too Pretty? The new laptop from Apple could make it into any nightclub, but its practicality is limited
CORPORATE STRATEGY
How Sony Can Keep the Momentum After the consumer-electronics giant reported record earnings, BW asked analysts what Howard Stringer and Co. should focus on next
TELECOM
• From Telecom Asia
Korean Telco's Earnings Plunge A 34% jump in marketing costs hurt SK Telecom, South Korea's top mobile carrier, which controls half of the country's mobile market
TELECOM
• From Telecom Asia
NTT DoCoMo Profit Jumps 38% Japan's No. 1 wireless carrier says October-December results were helped by cost-cutting and new handsets and subscription services
INFO TECH
• From Telecom Asia
3Com Schedules Vote on Huawei Deal The U.S. network equipment maker's shareholders will vote Feb. 29 on a proposed buyout by Bain and China's Huawei Technologies
AUTOS
Hyundai Bets Big On India and China The Korean automaker plans to boost production in both fast-growing markets with new plants, and fresh models for local and export consumption Suzuki Kizashi Concepts Go to Geneva Suzuki's concepts feature a 2.0L 4-valve turbo diesel engine coupled with an intelligent all-wheel drive system targeting low CO2 emissions
MINING & METALS
Chinese Stake in Rio Rattles BHP Bid Aluminum maker Chinalco, along with Alcoa, announce their purchase of a 12% stake in Rio Tinto, BHP's rival and takeover target
MINING & METALS
• From The Independent
Clock Ticking on BHP Bid for Rio Tinto BHP Billiton has until Feb. 6 to formalize its takeover bid, but the drop in its share price complicates a potential higher offer
FINANCE
• From Asian Investor
Deal Gives Chinese Banks Asian Access An agreement with Singapore will give Chinese banks access to investments in new Asian markets, as well as new debt instruments and Islamic finance
FINANCE
• From Asian Investor
Japanese Regulators Seek Subprime Answers The securities oversight agency in Japan wants financial institutions to properly disclose losses related to U.S. subprime exposure
PRIVATE EQUITY
• From FinanceAsia.com
Carlyle Buys Tokyo Nursing Homes The private equity firm's Asia real estate arm pays investment holding company the Goodwill Group $137 million for four homes
PRIVATE EQUITY
• From Asian Investor
BlackRock Buys Merrill's India Stake For an undisclosed amount, the asset management firm acquires Merrill's 40% stake in Indian company DSP Merrill Lynch Fund Managers
TOPICS IN TRADE
• From The Independent
Can the Doha Trade Round Be Saved? At Davos, the EU Trade Commissioner urged action on the world trade talks before a new U.S. administration inevitably delays action
BW MALL SPONSORED LINKS
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MANAGING
 Now, the Managing ChannelYour career. Your team. Your company. Your board of directors. Depending on where you are in your professional life, you have to manage one or more of these. That's why BusinessWeek.com has launched The Managing Channel. Here's what you'll find there:
Over the coming weeks we'll be adding to these features to make businessweek.com/managing your competitive edge in the game of business. BLOGEye on Asia >> 
Even the official China Daily can't manage an upbeat headline. If the government's mouthpiece is saying there's a crisis, then the situation in China must be very, very bad.
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India and China Autos | |
Tata Unveils the World's Cheapest CarThe $2,500 Nano, met with extreme enthusiasm, will have lighter steel and innovative distribution. It also could further snarl India's roadsChina's Plucky Plug-in HybridMy Other Car is a TataFord Revs Up in IndiaNew Rivals for India's Top Auto SpotChina Autos: Chery Keeps Accelerating |
