BROWSE COUNTRIES/ TERRITORIES
By Company or Business Venture in Asia
An old man in the ancient city of Nanjing has become a multi-millionaire by punting on just one stock — Guizhou Maotai.
They have been friends and business partners for almost three decades. But now Uni-President group of Taiwan and Japan’s Ito-Yokado are one step short of a feud.
Next year the Samsung group will celebrate its 70th anniversary. Barring snags, it will also celebrate the ascension of the third generation of the founding Lee family to its helm.
Heir to a railway and property fortune, Yoshiaki Tsutsumi's rollercoaster ride has sunk to new lows lately.
Genting International’s Lim Kok Thay trumps the competition by playing the Spielberg card.
The sale of PCCW brings out the bad blood between Richard Li and Li Ka-shing.
Wendi Deng and Masayoshi Son join forces to set up MySpace Japan KK.
Back to his roots
Ratan Tata has decided to make his Nano, the world's cheapest car, in Gujarat, the state where the Tata clan, of Parsi faith, made their first home in India after their ancestors fled Persia (now Iran). If all goes well Tata Motors will be given a 1,000 acre site near Sanand, 26 km from the western fringes of Ahmedabad, to build the first Nano plant. Completed cars, which seat four, would be sold around US$2,500. Tata Motors has pulled out of a planned plant in West Bengal due to protest by farmers and other residents.
Mittal buys Dubai firm
ArcelorMittal, the biggest steelmaker in the world, has acquired 60% of privately held Dubai Steel Trading Company for an undisclosed sum. Dubai Steel, formed in 1986, has 50 staff and sells mainly to the construction market.
Citigroup CEO Vikram S Pandi is severely embarrassed after the bank he took control of last December had to write down US$202 million on the value of Old Lane, a hedge fund of which Pandit was a co-founder. Citi bought Old Lane for US$800 million, a purchase that brought Pandit into the group. Citi will restructure Old Lane after “substantially all” its outside investors withdrew their money.
- Asian Dynasties and History
- Conservation of the Environment
- Definition: Culture
- Economy and Economics
- Food and Recipe
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- Of Government and Politics
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- Social Injustices and Poverty Report
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AT A GLANCE A quick insight to the top stories
A tale of two terminals
Instant noodles rule the world!
Nano car. Big questions. (Part 1 of 2)
"The West Wing": Season Eight, unscripted
The elixir of youth
Death by mining - A Third World affair
A tale of two bronzes
Chasing the sun
SPAM, I am
India's silent gender cleansing
Bhutan: Weaving a future
Fight of the moon goddesses
The wretched act of animal release
A flare-up over going solar
Villages jump on the Internet Bus
Bridging the digital divide
Does communication save lives?
Singaporeans rise to the occasion
Flight of the Kiwi
Crossing the Muslim-Buddhist divide for love
Fascinating Asia by Rail
10 Eco-Myths Busted