Business
Taiwan to let chip, LCD makers invest in China
Taiwan will allow contract chipmakers and flat-panel firms to acquire rivals in China, a government official said on Tuesday, in a move that analysts said will help cement TSMC and UMC's lead in the semiconductor sector.
China steel group sees iron ore oversupply in 2010
The Chinese steel industry's top iron ore negotiator warned on Tuesday that iron ore markets would be oversupplied next year as global steel production recovers slowly, setting the scene for a new round of negotiations over annual prices....Malaysia's Maxis eyes listing by mid-Nov
Malaysia's top telecom firm Maxis Communications Bhd is expected to complete the IPO of its Malaysian operations by mid-November as competition heats up for Asian share listings, two sources with knowledge of the deal siad Tuesday....Xerox to buy ACS to expand back office services
Xerox Corp plans to buy Affiliated Computer Services Inc for $5.5 billion to move into the outsourcing business, but shares of the printing company plunged on concerns that it was gambling on a major shift in strategy....China to cut fuel prices Wed or Thurs
China will cut retail fuel prices on Wednesday or Thursday to track falling global crude prices, two sources close to the matter told Reuters on Tuesday, in its third price cut this year....Fly me to China, not India, Asia dealmakers say
Asia dealmakers and financial sponsor bankers have taken to the skies again after a travel clampdown late last year as corporate purses were tightened in the global financial crisis. ...China's Sinochem bids $2.5bln for Australia's Nufarm
Chinese state-owned Sinochem bid $2.5 billion on Monday for Australian farm chemicals group Nufarm Ltd, looking to gain a global footprint in a deal that could again test investment ties between China and Australia. ...Rise of Chinese consumers already making waves online
For all the talk about Chinese spending too little, business is booming for the country's online retailers, heralding the emergence of young, affluent consumers who will reshape the global economy over the next decade. ...Far Eastern Economic Review to shut after 63 years
The Far Eastern Economic Review, one of Asia's leading print publications, will be shut down by News Corp as it struggles with losses and a dwindling readership migrating to the Internet....ADB says Asia resilient to crisis; ups 2009, 2010 growth f'casts
Asia has proved to be more resilient than expected to the global financial crisis with economic growth rebounding after governments adopted supportive monetary and fiscal policies, the Asian Development Bank said on Tuesday....Log in
- Singapore parents upset over celebrity Jamie Yeo's disclosure of her virginity lost
- Another Tsunami strike on July 22nd 2009?
- Singapore celebrity Jack Neo cheating on wife exposed
- Singapore celebrity Jack Neo in hiding at hotel
- Jack Neo's mistress told her side of the story. Confrontation prepared?
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