2014.2
Emerging markets sell-off may delay $1 bln Lotte IPO
Lotte Shopping Co Ltd, South Korea’s biggest shopping mall owner, will decide this week whether to start marketing a $1 billion real estate investment trust or delay it due to the sell-off in emerging markets, people with knowledge of the matter said o…
Indonesian minister tried, couldn’t block own law
Indonesia’s mines minister, Jero Wacik, has been on an unusual mission in recent months: finding a way out of implementing his own government’s policy.
China’s loan sharks circle in murky shadow bank waters
China’s crackdown on risky lending has driven borrowers into an even darker place in their search for capital – underground banking.
U.S., China to strike deal to enable audit inspection
The top U.S. audit watchdog said on Wednesday he believes the United States and China are close to striking a deal that would allow Washington to inspect the audit work of accounting firms in China.
Chinese investor spends $1.9 bln in Dubai property market
Real estate developer Dubai Pearl said on Monday it had sold property assets worth $1.9 billion (1.1 billion pounds) to a Hong Kong-based investor, in a sign of increasing Chinese interest in Dubai’s booming property market.
Lenovo steps into ring against Samsung with Motorola deal
Lenovo Group, the Chinese technology company that earns about 80 percent of its revenue from personal computers, is betting it can also be a challenger to Samsung Electronics Co Ltd and Apple Inc in the smartphone market.
China warns officials not to cover up corruption
Authorities in China have warned they will go after officials who cover up corruption, state media reported on Tuesday, in the government’s latest effort to curb widespread graft.
China cancels deal to buy Thai rice
China has canceled a deal to buy 1.2 million tonnes of Thai rice after Thailand’s anti-corruption agency launched investigations into a state rice-buying scheme, the Thai commerce minister said on Tuesday.
No cover-ups using state secrecy as excuse: China
China has unveiled new rules telling officials not to cover up what should be publicly available information using the excuse it is a state secret, in what state media said was a move towards greater government transparency.
Top Japan banks to benefit from loan growth spurt
Japan’s biggest banks, flush with cash from a year-long stock market rally, are poised to benefit this year from a spurt in loan growth at home fuelled by the economic stimulus measures of Prime Minister Shinzo Abe.