Asia Economy

May 15, 2008

Tesco Buys a Bigger Presence in Korea

The British retailer makes its biggest acquisition ever, paying $1.86 billion for Korean discount chain, Homever.

May 14, 2008

Investors Unimpressed by New Nissan Plan

The carmaker's stock price is unchanged in Tokyo trading after CEO Ghosn unveils a business plan far less ambitious than in the past.

May 13, 2008

Sorry, Vietnam Is Not the Next China

Royal Bank of Scotland has issued a research report predicting that Vietnam's impact on global trade and inflation will be "marginal".

May 13, 2008

China Quake Won't Shake Economy

The May 12 earthquake in Sichuan has claimed 12,000 lives, but many economists expect the impact on overall growth to be limited.

May 12, 2008

China is India's 'Only Possible Threat'

The new chairman of Nasscom talks about his priorities, the U.S. slowdown, and the search for talent.

May 09, 2008

China Investors Hoping for Legal Relief

New legislation could improve the climate for foreign private equity funds and venture capitalists doing deals in the mainland.

May 09, 2008

Indonesia Tops for Merrill Lynch in Asia

The No. 1 investment ranking takes into account such variables as currency, economic growth, and earnings forecasts.

May 09, 2008

Microsoft's Southeast Asia Boost

Who needs Yahoo? While hobnobbing with officials in Indonesia, outgoing Executive Chairman Bill Gates announces several e-government deals.

May 08, 2008

Foreign Private Equity's China Challenges

Lack of confidence in the management of a target company can be a deal-breaker for private equity investors.

May 06, 2008

Valuations for Indian IT Companies Hit New Lows

Companies such as TCS and Infosys have seen big declines in their price-earnings and market cap-to-sales ratios.

May 05, 2008

China Tries Smile Diplomacy with Japan

With China replacing the U.S. as Japan's largest trading partner, Chinese President Hu's visit to Japan this week is aimed at easing strained ties.

May 02, 2008

Indonesia's Road to Growth

The nation's economy is strong, but the government must continue to watch for corruption, and infrastructure must improve in order to reach growth targets.

May 02, 2008

Asia is Resilient amid Global Turbulence: S&P

But regional economies still face significant risks to sustained growth and macroeconomic stability in the months ahead.

May 01, 2008

IDC Says Indian IT Revenues to Double by 2012

Including revenues from export markets, the industry will reach $132 billion in 2012, according to market research firm IDC India.

April 30, 2008

Japanese Carmakers Set to Rebound

Stocks such as Honda's and Mazda's have been rising, probably because global demand remains solid and woes are exchange-rate linked.

April 28, 2008

Understanding the Global Rice Crisis

What's behind the current food shortages: Is the increase in ethanol production to blame or is hoarding the problem?.

April 28, 2008

Tense Times in Seoul Amid CEO Reshuffles

The return of the Grand National Party is ushering in sweeping changes among bureaucrats and managers at state-owned pension funds.

April 25, 2008

San Miguel Moves Ahead with IPO

The Philippine brewery has received enough international interest to continue with plans to go public. Beer sales in the country grew 5% last year.

April 25, 2008

Nintendo Down, But Not Out

In spite of record earnings and the continued popularity of the Wii, the console maker's shares were down 2%. Most think the dip is temporary.

April 23, 2008

India Imposes New Rules for Telecom M&A

The maximum market share of any joint venture has been limited to 40% of the country's subscriber base.

April 22, 2008

Why China Needs India's Transparency

The Indian media engage in no-holds-barred competition, protests are accepted, and even the stock market benefits from multiple points of view.

April 21, 2008

Ritz-Carlton's China Challenges

The luxury hotel chain is well established in China and is expanding fast to new cities. It looks forward to a big boost from the Olympics.

April 17, 2008

Macquarie, State Bank of India Plan $2 Billion Fund

One of the cornerstone investors, the International Finance Corp. (IFC), will also take a stake in the proposed company.

April 16, 2008

San Miguel Kicks off IPO Roadshow

San Miguel Brewery could raise as much as $150 million, but most of it will go to its parent, which is spinning off the Philippine brewer.

April 16, 2008

Middle East Money Starts Flowing to Asia

Arab investors have typically looked West, rather than to China and India. But with oil at over $100 a barrel, that's changing in a big way.