CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Crude continues to head south, even though geopolitical events keep a floor around the low $90s.» Read More
BEIJING, Aug 28- Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time.
At a coming-out party on Sept. 9, the tech world expects Apple to show off a device with a 4.7-inch screen, and possibly one with a 5.5-inch screen.
*China developers seeking new capital sources as liquidity tightens. HONG KONG, Aug 27- Global private equity firm Carlyle Group is in talks with China Vanke Co Ltd to acquire some of Vanke's commercial properties through assets or shares acquisition, the biggest Chinese property developer said on Thursday.
Walter Isaacson, "The Innovators" author, discusses some of the unconventional tactics used by the top tech leaders, including Steve Jobs.
Walter Isaacson, "The Innovators" author, shares his thoughts on the next generation of innovator, and discusses Amazon's growing impact on publishing.
*China developers seeking new capital sources as liquidity tightens. HONG KONG, Aug 27- Global private equity firm Carlyle Group is in advanced talks with China Vanke Co Ltd, the country's largest property developer, to buy stakes in nine of its shopping malls, two people with direct knowledge of the matter told Reuters.
Khazanah Nasional, the state investment company that owns 69 percent of Malaysia Airlines, said in early August it will announce details of the overhaul by the end of this month. A substantial revamp has long been on the cards for Malaysia Airlines, which was struggling with chronic financial problems even before it was hit by the double disasters this year.
BANGKOK— Century-old shop houses, twisting alleyways and temples scented with incense still pulsate with the pursuit of old trades and time-honored rituals of families who have lived in Bangkok's Chinatown for generations.
HONG KONG, Aug 27- China shares ended a tick firmer on Wednesday, as losses in a few major banks offset gains from the oil and aviation sectors. Among top index boosts, XiAn Aero-Engine PLC surged the maximum allowed daily limit of 10 percent and AVIC Aircraft climbed 4.4 percent.
HONG KONG, Aug 27- China shares eked out slim gains on Wednesday morning, thanks to stronger aviation and aerospace sectors that gained on strides made in manufacturing the country's first large aircraft.
KUALA LUMPUR, Aug 28- As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.
BEIJING— China Telecom Ltd., one of the country's three main state-owned carriers, said Wednesday its profit rose 11.8 percent in the first half of the year as its Internet and mobile data businesses grew. The Beijing- based company earned 11.4 billion yuan, or 0.14 yuan per share, in the six months ended June 30.
LAUNCESTON, Australia, Aug 27- China has in recent years been viewed as the main driver of the global copper market, and while its influence remains strong, it's possible that the rest of the world will take over in the short term.
Dickie Wong, Executive Director at Kingston Securities, likes Air China but warns of risks from its H-shares, which are trading at a premium over A-shares.
WELLINGTON, New Zealand— New Zealand dairy giant Fonterra said Wednesday it's forming a partnership with China's Beingmate to help meet growing demand for infant formula in the world's most populous nation. Fonterra said its total investment in the partnership would be up to 615 million New Zealand dollars.
Jonathan London, Assistant Professor at the City University of HK, says the visit of a Vietnamese high-ranking official might repair bilateral ties, but larger territorial issues will remain unresolved.
Despite growth in their underlying businesses, Chinese airlines suffered losses in the first quarter due to steep depreciation in the yuan, says Francis Lun, CEO of GEO Securities.
Burger King plans expansion of Tim Hortons. Burger King said Tuesday it will buy Tim Hortons in an $11 billion deal that would create the world's third largest fast-food chain.
KUALA LUMPUR, Aug 27- As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in grief.
SHANGHAI, Aug 27- China's foreign investment mix is changing, with portfolio investors buying more stocks but foreign direct investment falling to a two-year low on a slowing economy, rising business costs and anti-monopoly probes and crackdowns on foreign firms.