Wednesday, 9 September 2009

Chinese firms post strong Q2 results

China’s mainland-listed companies look set to avoid an earnings decline this year after strong second-quarter results, spurring analysts to raise their forecasts to a flat performance from a 10 per cent drop.

Economic Recovery Adjustment

After experiencing such a rapid recovery, China’s economy has begun an adjustment.

How much more upside is possible?

Here’s an interesting question that punters must surely be asking: how much more upside can there be in stocks, either for the rest of the year or the next 12 months?

Letting staff go with graceful exit

Badly handled exits can make it harder for companies to later recruit and retain talent

Local IPO market stirring back to life

Seven new listings since end June, compared to three in first half of year

MediaRing returns to limelight

Plans to grow profits by new chairman BK Modi has been read positively by investors

New department to develop bigger role for the yuan

Agency a key part of strategy to internationalise the currency

Next generation builders shaping family legacies

Young players in property groups making their mark in family business

No. 2 police officer held in Chongqing crackdown

The No. 2 police officer in Chongqing has been detained and placed under investigation as part of a sweeping clampdown on triads that has brought down hundreds of officers in recent months, a Hong Kong newspaper reported.

Stress relief, China-style

Work-related woes prompt food orgies and mass pillow fights

Death, jail threats hang over Urumqi offenders

The troubled far-western city of Urumqi has spelt out potential punishments for spreading rumours after days of sometimes deadly unrest and panic about reported syringe attacks that have fanned ethnic tensions.

Greed Is Bad, Gekko. So Is a Meltdown.


Greed is good. Money never sleeps.

Beijing and foreign banks row over airlines’ fuel bets

The central government and foreign banks are threatening legal action against each other in an escalating row over ballooning losses racked up by state-owned airlines which ran into the red on derivatives contracts.

China Hongxing sticks to its guns

It insists it did not receive shareholding notifications from JF

Closely Watched Buffett Recalculating His Bets

Warren E. Buffett has two cardinal rules of investing. Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.

Government Involves Itself in SOE Fuel Derivative Defaults

Last year’s commodity price plunge caught a number of Chinese state-owned enterprises (SOEs) flat-footed and they suffered huge losses in fuel hedging derivative trading with international investment banks. Both the SOEs and regulators are straining to explain the debacle, and there are even indications they are inclined to blame fraud and/or conspiracy by foreign investment banks.

Riots on rise as cadres at fault, magazine says

Outspoken article gives Beijing checklist to ease sweeping unrest

Surge in IPOs as Asian market recovery picks up speed

China, Hong Kong issues lead rush, with real estate, consumer-driven plays

Asia’s initial public offering market is booming as economies inch out of recession and equity markets improve, setting the scene for the region to emerge as the world’s top spot for firms rushing to raise money.

Time to adapt to new accounting standards

Companies listed on Singapore Exchange are required to prepare their financial statements in accordance with the US Generally Accepted Accounting Principles (GAAP), the International Financial Reporting Standards (IFRS) or the local equivalent of IFRS, the Singapore Financial Reporting Standards (SFRS).

Trade war looms between Chinese, Western solar firms

Fair competition or save the planet? That could ultimately be at play as China and the West, long at odds over trade in steel, textiles and car parts, risk being sucked into a row over protectionism in renewable energy equipment such as solar panels.