National Australia Bank plans branches across Asia
Tweet National Australia Bank (NAB) is hiring across Asia. Speaking in Shanghai yesterday, the bank’s chief executive officer confirmed that bank was planning to hire people across Asia in a…
Baidu sued over allowing unauthorized game downloads
Tweet Baidu, China’s version of Google, is facing court action yet again. In the latest case, a group of game developers is suing the internet giant for more than 30…
COFCO opens four rapeseed crushing plants squeezing Canada’s Viterra market position
Tweet China’s largest state-owned grain trading giant, COFCO Co. Ltd, is set to become the largest rapeseed processor in the country after four rapeseed plants it has constructed become operational,…
Burma gets its first ATMs as military junta starts economic reform
Tweet At last, banks in Burma now have automated teller machines (ATMS). According to media reports released Sunday, banks in this former pariah state acquired ATMs for the first time…
Hong Kong air cargo falls 8.2% but passenger traffic rises 5.9%
Tweet Its been a year of ups and downs at Hong Kong airport, and we are not just talking about the planes. The airport’s latest traffic data reflects the two…
Solar wars: China to investigate US of dumping cheap solar panels
Tweet China’s Ministry of Commerce could soon be investigating sales of US solar cells in the country after domestic manufacturers complained that subsidy rules were being flouted. Speaking to China…
China’s lust for gold to hit 750m tonnes
Tweet The World Gold Council (WGC) speaking in Beijing on Thursday said that China’s total demand for gold will reach 750 tonnes this year, or 13% of global demand. Unlike…
PetroChina’s 3 million tonnes a day LNG terminal opens
Tweet The PetroChina-owned Dalian liquefied natural gas (LNG) import terminal is now operational. According to a statement released by the company Thursday, the terminal received its first shipment on Wednesday. The…
Dramatic falls seen in Macau real estate market
Tweet Figures released by Macau’s Statistics and Census Service (DSEC) on Thursday paint a grim picture of the country’s real estate market. According to the figures, the average price of transaction…
World Bank keen to see Chinese carbon trading market
Tweet The World Bank vice-president Rachel Kyte said on Wednesday that the carbon market in China had a significant potential and it could be used to decide the global carbon…
