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March 17, 2008
 

Asia Insider

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


NEWS  THIS WEEK'S TOP ASIA STORIES

My Way or the Highway at Hyundai

The Korean carmaker and its Kia subsidiary are trying to move upscale in the U.S.--but culture clashes, mgmt turmoil, and strategic discord are making for a bumpy ride

Inside: This Week In Asia
Is Hyundai's top-down management style holding it back in America? That's the question posed by the lead story in this week's Asia Insider. Hyundai Motors America and its affiliate Kia Motors America have cycled through a series of top executives in recent years. The lack of consistent leadership may be one reason their U.S. sales appears to have crested.

Also in this edition: Japan's haircut indicator; A pricey new airport for Beijing; and Sir Richard Branson books himself a passage to India. Enjoy!


--Cristina Lindblad, Asia Editor

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  MORE ASIA NEWS
POLICY AND ECONOMICS • From Asian Investor
Why Investors are Wary of Korea's New President
Though incoming President Lee Myung-Bak is considered pro-business, the COO of Samsung Investments warns that not all sectors are expected to flourish

ECONOMICS
Japan's Haircut Indicator
Can the length of women's hair signal where the economy is going? The Nikkei, Japan's leading business daily, thinks so

INFLATION
Beijing to Keep Focus on Inflation
China's premier confirms that controlling prices tops the government's plan to keep the economy growing and avoid unrest. But the task won't be easy

TRAVEL
Beijing Airport: $3.75 Billion for Smoother Skies
Even before the Olympics came to Beijing, mainland airports were congested and inefficient. A new terminal and regulation may help

CORPORATION • From FinanceAsia.com
Goldman's New Man in China
Cai Jin-Yong has been named CEO of Goldman Sachs Gao Hua Securities, Goldman's joint venture in China, replacing Zha Xiangyang, who is retiring

CORPORATION • From FinanceAsia.com
Chinese Snack Maker Plans HK IPO
Want Want which was delisted from the Singapore exchange last year, plans to raise $1.4 billion with the help of eight key investors

CORPORATION • From FinanceAsia.com
China Pacific Aims High for IPO
The Chinese insurer hopes to raise $3.2 billion from a Hong Kong listing by the end of March, but has no firm timetable for the launch of the offering

FINANCE • From China Economic Review
Chinese Companies Boosting African Investments
The record-setting deal has since been eclipsed, but Industrial & Commercial Bank of China's purchase of a 20% stake in South Africa's Standard Bank for $5.5 billion is still cause for celebration

OIL
The Challenges Facing China's Oil Behemoth Abroad
"PetroDragon" expert Xu Xiaojie talks about the overseas opportunities and hurdles—including those in Sudan—facing China National Petroleum

OUTSOURCING • From ZDNet Asia
India Losing Status as Offshore King?
India is losing its stranglehold as the outsourcing destination of choice as China, Morocco, and Hungary gain ground

OUTSOURCING • From silicon.com
Rivals Gain on India in Offshoring
China, Eastern Europe, and Morocco are grabbing outsourcing share from the subcontinent as an overheated labor market means fewer centers are opening there

DISTANCE LEARNING
Online Education Takes Off in India
The business of distance learning on the subcontinent is becoming so big that foreign universities and venture capitalists are taking note

CORPORATION
Virgin's Big Cellular Shout-out in India
After scaling the Mumbai Hilton, Sir Richard Branson announces Virgin Mobile's hookup with Tata Teleservices to target the youth market

TECHNOLOGY • From Telecom Asia
Tata Plans World's Largest Wimax Network
The Indian telco plans a system of 3,000 base stations to deliver limited or full broadband service to 110 cities

TECHNOLOGY • From Telecom Asia
Wimax Brings Voice to Vietnam Villages
Residents of the country's many remote outposts rely on tourist dollars. Wireless service will connect them to travellers and the rest of the world

TECHNOLOGY • From ZDNet Asia
Malaysian Ruling Party Lost in Cyberspace
As the nation votes on Mar. 8, analysts say the Barisan Nasional coalition is losing the political debate to scores of anti-government Web sites and blogs

CORPORATION • From FinanceAsia.com
Morgan Stanley Buys Into ABC Learning
The private equity company comes to the rescue of Australia's childcare centers, acquiring 60% of its U.S. business for a firm value of $775 million

DEALMAKERS
Why India Talked Up a U.S. Carrier Deal
The idea of taking over the U.S.S. Kitty Hawk may have been a bluff to get a better deal on Russia's Admiral Gorshkov. If so, it didn't fly

INTELLECTUAL PROPERTY • From ZDNet Asia
Piracy Stifles Innovation in Asia
The CEO of anti-piracy group Business Software Alliance says the region lags because software developers dont have confidence that their intellectual property will be protected

TECHNOLOGY
Mini-Laptops: The Next Big Thing?
Computer makers are now taking tiny laptops seriously, due to the success of Taiwan's Asustek and India's HCL. Acer will soon join the fray

NEWS & FEATURES • From Creative Review
The State of Indian Design
India's advertising industry is soaring, and a graphic design community is emerging. The country's most exciting creative talents talk about what the future might hold

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BLOGEye on Asia >>

openquote

Talk about putting a new twist on ping-pong diplomacy. Chinese sports apparel and shoemaker Li-Ning has agreed to sponsor the US National Table Tennis Team for the next five years. closequote


--Frederik Balfour
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