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Markets

“German gold reserves must remain untouchable,” Roesler says

Germany Economy Minister Philipp Roesler said on Monday the country’s gold reserves with the central bank cannot be touched, adding his voice to opposition to an idea reportedly…

Kazakhstan’s 3rd gold refinery will have capacity to produce 25/t of bullion per year

Kazakhstan plans to begin construction of a third gold refinery next year to process an expected increase in volumes of the precious metal, the country’s Industry Ministry said…

Archipelago Resources declares start of full gold production at Toka Tindung

Archipelago Resources (LON:AR.) today declared the start of full production at its 95 per cent owned Toka Tindung gold mine in Indonesia. The mine is now achieving the…

Industries

Structured Settlements in Asia

 Parties Who Purchase Structured Settlements There are a lot of companies and corporations that will…

Indian lobby warns against duty on China’s power equipment

India’s major industrial lobbying organization, Associated Chambers of Commerce and Industry of India (Assocham), Monday…

Burgeoning sales by ‘young’ Bentley brand

A full-scale replica of the Bentley State Limousine created for Queen Elizabeth II for her…

Sun goes down on solar panel makers due to oversupply

SunPower Corp and First Solar Inc, the two largest United States solar panel manufacturers, will…

New turn in Saab quest for survival

Domestic auto distributor Pang Da Automobile Trade Co Ltd and automaker China Youngman Automobile Group…

Banking-Finance

Structured Settlements in Asia

 Parties Who Purchase Structured Settlements There are a lot of companies and corporations that will purchase structured settlements not only in Canada and the United States wherein such…

HK’s forex reserves reach $281b in Oct

Hong Kong’s foreign currency reserve assets reached $281.7 billion by the end of October, 2011, up $4.1 billion compared to the end of September, the Hong Kong Monetary…

Reports of 800b yuan railways fund ‘untrue’

China’s Ministry of Railways said Monday that reports about it hoping to get 800 billion yuan ($126.56 billion) from the government to fund its railway projects were untrue.…

China’s lending to small, micro-sized enterprises 27.9 pct of total loans

China has implemented a slew of measures to guide banks to loan more to small and micro-sized enterprises, and 27.9 percent of all outstanding loans by September went…

Hong Kong’s forex reserves reach 281 bln USD in Oct.

Hong Kong’s foreign currency reserve assets reached 281.7 billion U.S. dollars by the end of October, 2011, up 4.1 billion U.S. dollars compared to the end of September,…

Chinese banks to get liquidity boost

China’s cash-strapped banks may soon get an injection of capital, thanks to fiscal funding, not a loosening of government policy. More than 1 trillion yuan (about $158.2 billion)…

BOC faces challenges, opportunities as SIFI

Bank of China(BOC) is facing both challenges and opportunities after being named one of the systemically important financial institutions (SIFIs) by the Financial Stability Board (FSB), said bank…

Real Estate

Poly home sales tumble 39.27% in Oct

The Poly Real Estate Group Co, China’s second-largest developer by market value, posted a steep housing sales drop of 39.27 percent…

Housing market close to turning point

The continued tightening measures of the government and the poor autumn sales volume have forced Chinese property developers to cut housing…

Real estate meltdown fears

A number of leading real estate brokerages have started shutting outlets, as the government’s ongoing property-tightening measures cause transactions to slump…

Housing market close to turning point

The continued tightening measures of the government and the poor autumn sales volume have forced Chinese property developers to cut housing…

Home price-cuts get steeper, more extensive in China

Just like what China’s millions of homebuyers have long expected, a nationwide price cut in new home sales has finally begun,…

Housing index posts decline

SHANGHAI’S existing housing index fell in October for the first time in 13 months, with the majority of home owners still…

Companies

Structured Settlements in Asia

 Parties Who Purchase Structured Settlements There are a lot of companies and corporations that will purchase structured settlements not only in Canada and the United States wherein…

Events

Canton Fair sees small export rise amid Europe and U.S. crises

The Canton Fair, China’s largest trade fair, reported a small increase in export deals, despite lingering debt and financial crises in Europe and the United States. Export…

Statistics

China’s October trade surplus to rebound to 24 bln USD: report

China’s trade surplus will rebound to 23.89 billion U.S. dollars in October after falling for two consecutive months, the First Financial Daily reported Monday. Most economists said…

Health & Drugs

Nursery business now online

Mothers with newborn babies or those who are just about to give birth can now go online to find a maternity matron or nursery maid. Lejiamama.com, a…

Food & Beverage

PepsiCo and TAB in asset swap

NEW York-based snack and beverage giant PepsiCo yesterday announced it will swap its beverage bottling business in China for a stake in the beverage unit of -Tingyi…

Investment

Structured Settlements in Asia

 Parties Who Purchase Structured Settlements There are a lot of companies and corporations that will purchase structured settlements not only in Canada and the United States wherein…

Automotive

Burgeoning sales by ‘young’ Bentley brand

A full-scale replica of the Bentley State Limousine created for Queen Elizabeth II for her Golden Jubilee in 2002 was on show at Shanghai’s landmark Si Nan…

Appliances & Electronics

TPV Tech aiming to take over Philips’ TV business

TPV Technology Ltd’s plan to take over the loss-making television business of Philips Electronics NV will help it gain market share, but analysts said it faces a…