Tablets force Lenovo to adopt a ‘PC plus’ strategy
Tweet Lenovo has announced a slight shift in its strategy of focusing on PCs, and will be investing in the production of mobile internet devices too. The new strategy, dubbed…
Hong Kong IPOs struggling to find cornerstone investors
Tweet Chinese companies trying to list on the Hong Kong stock market are finding the IPO pipeline is being held up by an increasing lack of willing cornerstone investors. The…
Banker caught fleeing as Korean regulator suspends four savings banks
Tweet Four of South Korea’s savings banks had their deposits suspended yesterday (Sunday 6 May) by the country’s financial regulator after they failed financial stress tests. The banks that have…
China’s convenience stores to sell insurance
Tweet China’s grocery sector is following the path set years earlier in Europe by selling financial services at the supermarket checkout. Shoppers in Shanghai branches of Alldays and Kedi convenience…
Indonesia’s growth slows, but more people are now in work
Tweet Indonesia’s economy received good and bad news today. While the economy isn’t growing as fast as was hoped, more people are now in work than a year ago. Data…
Hero looks to be saviour of Chinese infant formula market
Tweet Hero Group, a Swiss food company, has announced its entry into the Chinese infant formula market. Hero will introduce its Hero Nutradefense brand of dairy products into China in…
China Post to IPO its express logistics operation for USD 1.6 billion
Tweet China Post will sell shares in a new subsidiary China Postal Express & Logistics through an IPO that will see the company’s stock traded on the Shanghai Stock Exchange.…
Singapore and South Korea both feel an economic chill
Tweet Two of the region’s important economies, Singapore and South Korea, appear to have hit a slight economic headwind according to data published yesterday. The jobless rate in Singapore unexpected…
Unilever pushing for five-fold growth in China
Tweet Unilever has said its is confident of growing its China business by a factor of five between now and 2020. The global consumer goods producer believes it has the…
Tesco pumps capital into Thailand and opens online store
Tweet Tesco Lotus, the Thai operation of the global supermarket giant Tesco, will launch an online store and open 300 physical stores in 2012. John Christie, the new CEO of…
