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May 12, 2008
 

Asia Insider

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


NEWS  THIS WEEK'S TOP ASIA STORIES

In India, Death to Global Business

How a violent--and spreading--Maoist insurgency threatens the country's runaway growth

Inside: This Week In Asia
There seems to be no stopping the juggernaut that is India. But a group called the Naxalites is trying. New Delhi is waking up to the danger posed by the Maoist rebels, who are already targeting mining and steel companies in the country's hinterlands and are determined to move into the major cities next. Read this week's Asia Insider to learn why the insurgents represent a threat to business.

Also in this edition: Korea's LG is closing in on Motorola; Toyota hits a speed bump; and the toys of China's new elite. Enjoy!
--Cristina Lindblad, Asia Editor

E-MAIL A FRIEND  |  GET RSS  |  SIGN UP FOR OTHER BW NEWSLETTERS

  MORE ASIA NEWS
POLITICS
Myanmar's Junta Hangs Tough
The military regime appears intent on holding a referendum despite as many as 22,000 dead in the wake of a May 3 cyclone

POLITICS
China Tries Smile Diplomacy with Japan
With China replacing the U.S. as Japan's largest trading partner, Chinese President Hu's visit to Japan this week is aimed at easing strained ties

ECONOMICS • From FinanceAsia.com
Asia is Resilient amid Global Turbulence: S&P
But regional economies still face significant risks to sustained growth and macroeconomic stability in the months ahead

ECONOMICS • From FinanceAsia.com
Indonesia's Road to Growth
The nation's economy is strong, but the government must continue to watch for corruption, and infrastructure must improve in order to reach growth targets

INVESTING
The Dollar: A Bottom at Last?
After years of weakness, the U.S. currency may be at a turning point. Who would gain—and lose—from a greenback comeback?

CONSUMER ELECTRONICS
LG Closes in on Motorola
Sleek design is helping the Korean cell-phone maker rack up market share

TELECOM • From Economic Times of India
MTN Would be Prime Catch for India's Bharti
Bharti has denied making a formal bid for South African telco MTN, but the interest is evident, and Singtel could be a possible partner in the bid

TELECOM • From Telecom Asia
Telecom Giants Unveil India-Europe Plan
The Europe India Gateway high-bandwidth cable system will cost more than $700 million and will have at least 16 partners

TELECOM • From Telecom Asia
3G Delay Kills Nokia's Chinese Partner
The troubled Chinese chipmaker Commit has been unable to obtain new capital and has closed its doors

TELECOM • From FinanceAsia.com
Cellular Competition Heats Up in Indonesia
The competitive advantage of a large subscriber base is being fast eroded, says Macquarie Research, and a price war is likely.

TOP NEWS
Toyota's Downbeat Earnings Forecast
Latest records aside, the automaker projects a 29.5% profit drop for the current year, well below analyst expectations

AUTOS • From Economic Times of India
Ford May Drive Fiesta Compact into India
The U.S. auto major is gearing up for a bigger presence in India, including a flexible engine manufacturing facility by 2010

AUTOS
Nissan, Toyota Focus on Graying Drivers
Faced with slumping sales at home, Japan's carmakers are testing new technologies to help the elderly stay safely on the roads

MARKETING
Rolls-Royce Targets China's Really-Rich
BMW's super-luxury brand is expanding sales operations in China to meet demand from the ostentatiously wealthy, as rivals such as Daimler do the same

FINANCE • From China Economic Review
Private Equity Investors Still Keen on China
The number of deals is small because many entrepreneurs don't want to sell while state-owned enterprises don't want to give foreigners equity

INVESTING • From Economic Times of India
Valuations for Indian IT Companies Hit New Lows
Companies such as TCS and Infosys have seen big declines in their price-earnings and market cap-to-sales ratios

FINANCE • From Asian Investor
Higher Risk Tolerance for Korean Pension Fund
South Korea's social security fund says there are plenty of buying opportunities among all global asset classes except for commodities

ENERGY • From FinanceAsia.com
Old King Coal Finds New Markets
Indonesian coal miners are raising capital for expansion to meet demand from China, India, and other countries

STEEL • From FinanceAsia.com
Sinosteel's Hostile Aussie Bid Turns Friendly
A sweetened offer won the board's backing at Australian iron ore company Midwest, but what are the implications for Chinese M&A?

STEEL • From Economic Times of India
Essar Makes $1.1 Billion U.S. Deal
The Indian steelmaker finally has the winning bid for rival Esmark and its subsidiary Wheeling-Pittsburgh, beating out Russia's OAO Severstal

HOTEL DESIGN
Will China Welcome a Mid-Range Hotel?
Hotel Jen marries high design with smart business strategy as it targets an overlooked—and growing—sector of the hotel market

AUTOS
Favorites of China's Super-Rich
The mainland's wealthy make up 26% of the Asia-Pacific region's total, and Western makers of luxury goods are eager to sell them Rolls-Royces, yachts, and other extravagant wares

CEO GUIDE TO VIRTUAL WORLDS
Not Much Life in China's Virtual Worlds
Chinese entrepreneurs' answers to Second Life are early stage, but they see potential for brand-building, worker training, and e-commerce

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