Charles Li, CEO of Hong Kong Exchanges and Clearing, and Magnus Bocker, CEO of the Singapore Exchange, discuss their collaboration to promote the internationalization of the renminbi.» Read More
A strong rebound from the global recession and the elimination of wine-import taxes is driving the boom. “It’s unstoppable," says one local wine consultant.
When it comes to visibility and influence, Goldman Sachs is as noticeable on Pennsylvania Avenue as it is on Wall Street. But that may be changing, as a result of the firm's recent legal and public relations problems.
A report by the Environmental Protection Agency describes the contents of all the garbage produced in a single year. According to the 2008 report, approximately 250 million tons of municipal solid waste is created, which excludes hazardous waste, industrial waste, and construction waste.
The latest garbage gauge is pointing to a slow but steady recovery that should see trash volumes turn positive this quarter or next for the first time since 2008. That should propel profits of trash haulers who’ve been able to maintain pricing power through the recession thanks to long-term, customer-specific contracts.
The private equity group made its first significant investment in the booming Chinese housing market after agreeing to a deal with one of Hong Kong’s largest property. The FT reports.
The notion that it is a victimless crime is patently false. Counterfeit products victimize almost everyone they encounter, from the assembly line to the cash register.
Asian stock markets were mostly lower on Tuesday, as the Shanghai Composite Index's sharp slide weighed on sentiment but the declines were capped by Alcoa's stronger-than-expected quarterly profit reported after the close of U.S. trade.
Most Asian markets chalked up modest gains Monday, after Wall Street closed out its best week in a year on Friday.
Counterfeiting is a multi-billion dollar business infiltrating the United States borders at an alarming rate. Watches, handbags, footwear and even medicines are among the top products making up more than $261 million worth of counterfeit products seized at US ports in 2009. And it's a growing problem.
Asian stocks trekked higher on Friday after a fall in U.S. jobless claims and solid sales reports by large retailers lifted Wall Street for a third straight day.
Asian stocks were up sharply on Thursday, after optimism over the upcoming earnings season sparked a rally on Wall Street, driving the Dow up 2.8 percent.
Asian stocks ended mostly lower Wednesday, failing to capitalize on a stronger finish on Wall Street, as doubts about global economic growth persisted.
Asian markets reversed course on Tuesday, turning positive as a strong rebound in Chinese stocks lifted sentiment.
North Asian markets edged higher on Monday as investors picked up beaten-down stocks, shrugging off the weaker-than-expected U.S. jobs report which rattled Wall Street on Friday. But shares in China led the decliners, hurt by fears of a slowdown in the Chinese economy.
Major Asian indexes traded mix on Friday, with some markets turning around after several consecutive sessions of downward trading. But the mood was cautious after weak U.S. economic data and signs of a slowdown in China fanned fears about the global recovery.
While the labor market continues to look fragile in the United States, employment growth in Asian countries appears to be robust, a recent survey showed.
Asian markets opened lower Thursday, following yet another daily decline on Wall Street, with Japan's Nikkei hitting a seven-month low.
Asian stocks tumbled after renewed jitters about the global economic outlook sparked a selloff on Wall Street, sending U.S. stocks to their lowest levels for the year.
Asian markets reversed early gains to trade lower Tuesday in lackluster trading, on course for their worst quarterly performance since the end of 2008. This mirrored a weak performance in the U.S. where Wall Street ended the session lower as investors digested mixed consumer data.
Asian stock markets ended mixed in cautious trade Monday, as investors awaited June jobs data due out Friday for clues on how the U.S. economy is faring following recent setbacks including a sharp decline in new home sales last week.