Posted by Reuters: Business News on January 17, 2012
HAMBURG, Germany (Reuters) – Aerospace group EADS batted away concerns over the financing needed to maintain a record wave of jet deliveries this year, as bumper orders from its Airbus unit and a major Japanese leasing deal provided fresh evidence of Asia’s rising economic power.
Posted by Reuters: Business News on
HONG KONG (Reuters) – AIA Group Ltd , Asia’s No.3 insurer and about one-third owned by American International Group Inc , may bid for the $6 billion Asian insurance operations of ING Groep , sources said, with the prospective sale expected to draw heavy interest from rivals.
Posted by Reuters: Business News on January 10, 2012
HONG KONG (Reuters) – Bank of America-Merrill Lynch , the second-largest U.S. bank by assets, is cutting around a fifth of its managing directors across its Asia investment banking division, sources said on Monday, in a bid to cut costs as the outlook sours in a once-booming region.
Posted by Reuters: Business News on January 2, 2012
SINGAPORE (Reuters) – The roller-coaster ride for Asian currencies, which saw only the yen and yuan post significant gains for the year against the U.S. dollar, is set to continue in 2012.
Posted by Reuters: Business News on December 25, 2011
BEIJING (Reuters) – Japan and China agreed to start formal talks early next year on a free trade pact that would also include South Korea, Japanese Prime Minister Yoshihiko Noda said on Sunday after talks that showed the deepening bonds between Asia’s two biggest economies.
Posted by Reuters: Business News on December 8, 2011
SINGAPORE (Reuters) – Asia’s economic growth looks set to stumble over the next few months, prompting a flurry of interest rate cuts and a spike in stimulus spending that may ultimately pave the way for a strong recovery in the second half of 2012.
Posted by Reuters: Business News on November 29, 2011
NEW YORK (Reuters) – Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant’s partners in Asia, sources familiar with the matter said.
Posted by Reuters: Business News on November 13, 2011
HONOLULU/WASHINGTON (Reuters) – The United States is ramping up attempts to safeguard its financial system from a worsening of Europe’s debt crisis, joining nations in Asia, Latin America and elsewhere in trying to build firewalls.
Posted by Reuters: Business News on November 12, 2011
ROME/ATHENS (Reuters) – Italy’s parliament was set to approve austerity measures on Saturday, triggering the formation of an emergency government to replace that of Prime Minister Silvio Berlusconi, and meeting European Union demands to avert a euro zone meltdown.
Posted by Reuters: Business News on November 11, 2011
SINGAPORE/SYDNEY (Reuters) – MF Global’s liquidators are struggling to sell the Asian business as one concern because of problems unwinding trading positions, so they may now sell the various country units separately.
