CHINA

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Ministers at odds over Amex labour plan

Federal ministers Amanda Vanstone and Kevin Andrews are at odds over plans by American Express to have Japanese workers take jobs at a Sydney call centre.
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China quietly adjusts yuan policy, rise quickens

China is quietly adjusting its policy on the yuan, letting it appreciate a little faster and setting the stage for a possibly wider trading band, traders and analysts said after a recent surge in the currency's value.
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Central Huijin to open account in HK

China Central Huijin, owning more than HK$1,000 billion in three Chinese asset banks in Hong Kong, plan to open an account of company's investors in Hong Kong Stock Exchange & Clearing (HKex)'s subsidary - Central Clearing.
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Resource boom 'raising executive demand'

The resource boom is causing demand for executives to reach record levels, and could trigger an executive skills shortage and higher executive wages, new research shows.
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China Leads in Semiconductor-Spending Growth

While the Unites States still leads the world with nearly 40 percent of global semiconductor purchasing, China is expected to achieve the leading growth among the top 10 nations, according to research released on Thursday.
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AMD, Founder to Bring Processors to China

Semiconductor firm Advanced Micro Devices (AMD) announced on Thursday that they are teaming up with a China's second largest PC provider, providing processors to the company's whole line of offerings.
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Vodafone rolls out own, China-made 3G phones

Vodafone Group Plc launched its first own-branded 3G handsets on Thursday, as the mobile phone giant tries to expand in the market for higher-paying third-generation services by luring more pre-pay users.
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ICBC to buy small Indonesia bank

Industrial and Commercial Bank of China, the largest lender in China Mainland, started a preparation for acquiring a small Indonesia bank......
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Media Free to Roam in China During 2008 Games

Foreign media will be free to travel around China and enjoy uncensored access to the Internet during the 2008 Beijing Olympics, organizers said on Wednesday. Non-Chinese journalists currently need permission to move around the country, while websites containing material considered sensitive by the Chinese government are frequently blocked.
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Honda rolls out luxury brand in China

Honda Motor Co. launched its top-line sedan Acura in China on Wednesday, joining BMW and other foreign luxury car brands to compete in the world's second-largest auto market.
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Hong Kong Stocks plunge 237 pct

Hang Seng Index closed at 17.308 pct yestoday, down 237 pcts or 1.3%,a HK$34.74 billion turnover achieved, dragged by the news of allotment of shares by China Life Insurance and China Mobile......
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LG, Samsung Dominate TV Shipments

A new report reveals that Korean television manufacturers have supplanted other manufacturers, taking the number one and two spots in unit-shipment rankings for the second quarter this year.
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Economists On Climate Change: Do We care?

Will the spending needed to prevent global warming cost the world more than just sitting back, or even enjoying the possible financial benefits of a hotter planet?
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U.S. group prods China to open life insurance sector

A U.S. industry group called on China on Tuesday to streamline licensing requirements for foreign-invested life insurers seeking to expand their operations and to do away with restrictions on foreign ownership.
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U.S. drops to 6th in world competitiveness ranking

The United States fell to sixth place in the World Economic Forum's 2006 global competitiveness rankings, ceding the top place to Switzerland, as macroeconomic concerns eroded prospects for the world's largest economy.
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China blogging leaps 30 fold in four years

The number of blog sites in China reached 34 million last month, a 30 fold increase from four years ago, state media said on Tuesday, despite a series of curbs on media and dissent.
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FUND FOCUS-Commodities undervalued by 30 percent

The oil price might have fallen almost 25 percent from its peak, but the commodities sector as a whole is undervalued by around 30 percent giving further opportunity for growth according to one fund manager.
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China blogging leaps 30-fold in four years

The number of blog sites in China reached 34 million last month, a 30-fold increase from four years ago, state media said on Tuesday, despite a series of curbs on media and dissent.

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