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February 12, 2008
 

Asia Insider

Keep up-to-date with the latest news from Asia


NEWS  THIS WEEK'S TOP ASIA STORIES

What's Roiling India's Stock Market? Bonds

Mumbai needs a more robust debt market to prevent violent swings in equities trading

Inside: This Week In Asia
In this Week's Asia Insider we zero in on some of the shortcomings of India's capital markets. True, the country's bourses may be better run and more transparent that those of that other Asian powerhouse: China. But when it comes to bonds, India is a financial laggard. And the IPO process could also use improvement.

Also in this edition: Tainted dumplings are the death of a Japanese merger; Recession worries weight on Toyota, and Are HB-1 workers in the U.S. getting bilked? Enjoy!
--Cristina Lindblad, Asia Editor

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  MORE ASIA NEWS
FINANCE
Vietnam's Spotty IPO Record
Government overpricing of offerings by Vietcombank and other companies has hampered fundraising and the performance of Vietnam's stock market

THE MARKETS • From Asian Investor
Asia Stocks Still Threatened by Earnings Downgrades
Share prices will remain volatile until after corporate earnings forecasts are inevitably downgraded, says a Schroders fund manager

FINANCE • From Asian Investor
Hedge Funds Build Up Manpower in Asia
Global headhunting firm Whitney Group says the demand for new hires is increasing exponentially, especially for funds setting up offices in Hong Kong

ASIA INSIGHT
Health-Check Time for China Funds
The mainland's asset management sector has grown explosively. One analyst says now's the time to step back and reassess for long-term growth

TELECOM
Asian Companies Wary Of Motorola
Why handset makers Samsung, Sony Ericcson, and LG aren't lining up to buy the struggling U.S. company's mobile-phone division

OUTSOURCING
Are H-1B Workers Getting Bilked?
Overseas companies are accused of underpaying foreigners on work visas—and hurting U.S. wages

TELECOM • From Telecom Asia
India Works to Resume Internet Services
After two undersea cables were inadvertently cut last week, most traffic has been shifted to alternate networks. Repairs will take longer

THE INTERNET
Australia Net Censorship Plan Under Fire
The new government backs a plan allowing service providers to filter out a list of child porn sites. Skeptics fear it will become a political tool

NEWS ANALYSIS
Cisco's Down, and So Is Tech
Investors fear that the gearmaker's bearish forecast in the current quarter is a harbinger of slower tech growth overall

TECHNOLOGY • From ZDNet Asia
India to Train Thousands More Cyber Cops
The president of IT trade group Nasscom outlined plans to keep the crooks away from the computers in the subcontinent

AUTOS
Recession Worries Weigh on Toyota
Increasing sales in emerging markets helped the Japanese auto giant earn a record $4.3 billion last quarter, but profit growth is slowing

CORPORATION
Poison Dumplings Kill Japanese Merger
A scandal over pesticide-tainted gyoza imported from China sparks a row and stops a deal between Japan Tobacco and Nissin Food Products

MINING AND MINERALS
BHP's Higher Bid Doesn't Sway Rio Tinto
Chinalco's purchase of a piece of the mining giant has only upped the ante on bidding from BHP, whose offers continue to be spurned by Rio Tinto

MINING
Why Chinalco's Buying Into Rio Tinto
The Chinese giant's new stake in the mining outfit is seen as Beijing's attempt to head off a BHP Billiton takeover, to protect the mainland's supply of ores

MINING • From FinanceAsia.com
New UAE Minerals Company Targets China & India
To capitalize on growing demand in emerging markets, one UAE government forms Ras Al Khaimah Minerals & Metals Investments

ENERGY
Fueling the Solar Energy Boom
Applied Materials, a leader in chipmaking equipment, is ramping up on solar-panel machines and counting on European regulations for business

EUROPE
Luxury Makers Look East
With U.S. sales weakening, top luxury brands are counting as never before on growth from emerging markets such as China and India

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BLOGEye on Asia >>

openquote

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. closequote


-- Bruce Einhorn
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