Architects worldwide facing downturn
Outlook for the profession worsens as cash-strapped developers struggle in a slowing economy, but the impact may be emerging first in Hong Kong, where practices are cutting jobs following an aggressive recruitment drive
(11/22/2008)
Itochu buys stake in Chinese foodmaker
Itochu, the Japanese trading company, is to expand its presence in China's food market by buying a 20 per cent stake in Ting Hsin, a major Chinese food processing group, for $710m
(11/20/2008)
Duke rides into tricky political situation
When the Sichuan earthquake hit China in May, Mike Duke, head of Wal-Mart's international division, moved into action at the company's headquarters in north-west Arkansas. Within hours, he approved an initial cash donation from the company that rose within two weeks to $3m
(11/21/2008)
Asian airlines could face cargo revenue fall
A leading aviation executive says regional carriers, already facing a downturn in passenger travel, should brace for a drop of as much as 20% in revenues by the middle of next year
(11/21/2008)
Asian wireless groups seek deals
Two of the world's largest mobile operators, China Mobile and India's Bharti Airtel, are eyeing global acquisitions, underlining a shift in momentum in the sector from developed operators to cash-rich companies from emerging markets
(11/19/2008)
Baidu's search model under fire
Baidu, China's largest internet search engine, admitted that some companies had used its website to market fraudulent information, as it faced mounting criticism for auctioning top search result rankings to the highest bidders
(11/18/2008)
Beijing looks at 3G licences to spur economy
The early deployment of third-generation mobile services could kickstart changes in China's telecom market, which have yet to materialise following a sector-wide restructuring
(11/20/2008)
China attracts fund managers
Survey shows that a record 67 per cent of investors are overweight in Chinese equities relative to the total assets they have under management
(11/19/2008)
BofA likely to sell part of CCB stake
Analysts expect Bank of America, which is set to raise its share in the Chinese lender, to generate a substantial profit by offloading earlier holdings purchased at a lower price
(11/19/2008)
