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Chris Ludeman, Global President of Capital Markets at CBRE, discusses Taiwan's move to ease property investment rules for insurers and the markets that are likely to benefit.
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*China second to U.S. in 2012 luxury retail growth. *Top brands expanding across the United States. Ephraim is the kind of man who gives luxury goods makers high hopes that the U.S. market can fuel future growth, as China runs out of steam and demand in Europe sags.
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*Cuts 2013 GDP forecast from 3.59 pct. TAIPEI, May 24- Taiwan slashed its 2013 economic growth outlook on Friday, showing deepening concern that lacklustre global demand is crimping pivotal tech exports to China and the U.S. The situation in Europe will not improve in short term, and there is still concern over the growth momentum of China and the U.S. economies.
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*HSBC flash PMI dips to 7- month low on weak demand. BEIJING, May 23- China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be imminent.
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*HSBC flash PMI dips to 7- month low on weak demand. BEIJING, May 23- China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
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BEIJING, May 23- China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.
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Chris Ludeman, Global President of Capital Markets at CBRE, discusses Taiwan's move to ease property investment rules for insurers and the markets that are likely to benefit.
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HONG KONG-- Fans know her as the sweet schoolgirl in the 2011 blockbuster "You Are the Apple of My Eye." After she graduated from the University of Southern California and returned home to Taiwan, her initial attempts to break into the island's music scene hit a brick wall.
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SANTIAGO, May 20- Banco de Chile, the country's leading lender, is tempering its enthusiasm for the small, export-dependent economy as it sees signs of a slowdown in demand for corporate and consumer loans, its chief executive said.
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WASHINGTON, May 17- Cases of porcine epidemic diarrhea, a virus associated with diarrhea, vomiting and dehyrdation in hogs, has been found in Iowa and possibly beyond, U.S. government and private industry officials said on Friday.
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WASHINGTON, May 17- USDA's National Veterinary Services Laboratories has detected porcine epidemic diarrhea, a virus associated with outbreaks of diarrhea and vomiting, in the Iowa hog population, a USDA spokesman said on Friday. USDA so far has only confirmed detection of PEDV in Iowa.
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SEOUL, May 17- Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers.
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WASHINGTON-- The Consumer Product Safety Commission on Thursday issued a voluntary recall for about 55,000 microwave popcorn makers sold by Avon, because of the potential for fire and burns. The popcorn makers were made in Taiwan and have the item number 474-105. They consist of a clear tub and a yellow vented lid, the CPSC said.
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PHNOM PENH, May 16- Three people were killed when the ceiling of a warehouse fell in at a shoe factory in Cambodia, a government minister said on Thursday, adding to concerns about safety standards at Asian factories producing cheap clothing.
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They bought $5.3 billion in Treasuries in March and $2.6 billion the previous month, but that was a significant reduction from inflows of $32.3 billion in January and nearly $30 billion in December. Most Asian central banks were net sellers of Treasuries for the month, including China, Japan, Taiwan, Singapore and India.
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LONDON, May 14- Central bank intervention, the euro zone crisis and China's rise have expanded the list of data that moves markets, but surprises in measures such as PMIs and U.S. jobs numbers still pack the biggest punch.
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SINGAPORE, May 13- Following is a table of planned Asian naphtha crackers and European/U. Table 1: New naphtha/gas crackers in Asia. Table 2: Upcoming expansions in Asia.
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SEOUL/ SINGAPORE, May 13- Petrochemical firms risk creating a glut of high-end products in Asia as they invest billions of dollars to move up a value chain threatened at the bottom end by cheap U.S. ethylene.
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NEW YORK, May 9- AT&T Inc has cut the price of the HTC First phone, which is preloaded with Facebook Inc applications, to 99 cents from $99.99 less than a month after the phone's launch. AT&T, the No. 2 U.S. mobile service provider, said the price cut took effect on Wednesday.
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*Batam Island route follows use of Labuan, Malaysia. LONDON, May 9- Iran is using an Indonesian port in a strategy to keep up sales to buyers in Asia in the teeth of Western sanctions, according to shipping data and industry sources.
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*Nokia announces mid-range $99 phone aimed at emerging markets. NEW DELHI, May 9- Nokia is betting low-priced phones with Internet capability will help it regain lost ground in crucial emerging markets after falling behind in the global smartphone race.