Sun05202012
Last update02:40:15 PM
RIC
China - SINA ADS
April 2, 2012 Early this morning in Beijing, news arrived that the shutdown of the Weibo microblogging site had been suspended. Feverish posting by thousands of users resumed. A shutdown of the Weibo social interaction site had caused the stock to drop to a 5 week low as Chinese authorities continue their tightening on "rumor mongering" at major internet delivery companies.
Fourth Quarter 2011 High...
Agricultural Bank of China
Apr 3, 2012 A recent ABC report on "Wealth Allocation of Private Banking for 2012" released on Mar 30th should prove interesting reading for those following the expansion of the private wealth management themes proposed by several Chinese banks. Indeed, a large and expanding Chinese Menu of wealth management products is now offered on the bank's public facing web site. A slight upward trend is not...
China Banking Reforms - Again ?
Can China's four largest banks - Industrial & Commercial Bank of China, China Construction Bank, Bank of China and Agricultural Bank of China - be earning too much of a 'profit' ? What exactly did Premier Wen Jiabao mean when he indicated they made profits 'too easily'. Is 'too much' the same as 'too easily' and when did profits in a burgeoning industrial economy become a problem ?
Some ma...
Infrastructure - Roads and Bridges
Apr 3, 2012 More issues abound as recent reports, surfacing in the Indian press, notably the Indian Express , indicate graft and widespread corruption on World Bank funded projects. The bank's Institutional Integrity Unity has examined projects involving the Lucknow-Muzaffarpur National Highway project, the Grand Trunk Road Improvement Project, and the Third National Highway Project.The Lucknow-Muza...
Apollo Hospitals
Apr 2, 2012 The steady upward trend continues to sustain expectations that the corporate Healthcare provider market should be exhibiting steady growth performance for a few more years to come. Despite the overall GDP pessimism in the markets, this sector's resilience is not surprising considering the middle class income category is viewing corporate health benefits and after care...
Jet Airways
Apr 2 2012
JP Morgan's recent downgrade of Jet Airways to 'underweight' added to industry wide pessimism as almost all operators in the Indian air space have come under pressure due to rising oil costs, a sharp drop in passenger utilization and weakened currency. In mid-March, Naresh Goyal, its chairman had declared that Jet was not in 'any financial distress'. While this can be compared to Kingfis...
- Lockerbie bomber Megrahi has died in Libya: brother
- Italy quake kills four, damages historic buildings
- Explosion near U.N. ceasefire monitor chief's convoy: Reuters witness
- NATO leaders seek common path out of Afghanistan
- Sudan releases four detained foreigners: officials
- Lebanese soldiers kill two anti-Assad group members
