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  1. Bank of East Asia shares surge 15.2pc as investors bet on potential takeover war

    Posted Nov 12th 2009, 12:00am by Nick Westra

    ... Nick Westra and Maria Chan Bank of East Asia shares surged the most in a decade yesterday as investors bet on a potential bidding war between its long-time owners and a Malaysian conglomerate that upped its stake in the bank last week. BEA zoomed up 15.2 per cent to HK$33.35 as HK$1.3 billion worth of its shares changed hands. It was the lender's largest one-day gain in 11 ...

  2. Bank of East Asia shares fluctuate as analysts lower profit forecasts

    Posted Oct 29th 2008, 12:00am by Staff Reporter

    ... Maria Chan Shares of Bank of East Asia fluctuated yesterday as analysts revised down their earnings forecast for the bank, which issued its first profit warning on Monday. DBS Group Research cut BEA's target price to HK$11 from HK$21 after slashing its forecast of the bank's earnings by 79 per cent for this year. It expects BEA's profit to fall by 93 per cent ...

  3. China Development Bank planning sale of 3b yuan bonds

    Posted Jul 16th 2009, 12:00am by Staff Reporter

    ... cent of this month's Bank of East Asia (China) issue, they said. BEA's 3 billion yuan bond sale, which also has a two-year maturity, will close tomorrow. CDB had appointed HSBC ...

  4. Grand Alliance expands Asia-US cargo

    Posted Jul 08th 2003, 12:00am by Staff Reporter

    ... injection being thrust on to the trade lanes between Asia and the American east coast, known as the 'all-water' route for its rejection of land transport options across the US. When ... OOCL and partners are increasing box slots to the US east coast 25 per cent as peak season in a healthier market looms Orient Overseas Container Line (OOCL) and its partners in the Grand ...

  5. Asia Financial budgets HK$500m for hospitals

    Posted May 30th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu Asia Financial Holdings plans to spend HK$500 million investing in hospitals in the Middle East, Vietnam, India and Malaysia, according to company president Bernard Charnwut ... after the company's annual general meeting yesterday. He said the Middle East and several Asian markets had growing demand for hospitals and health care, which could bring good returns. ...

  6. Asia still key market for ICBC's overseas growth

    Posted Sep 16th 2009, 12:00am by Staff Reporter

    ... Maria Chan Industrial and Commercial Bank of China, the world's largest bank by market value, said it would continue its overseas expansion and Asia remained a key market for its 'going-out' policy. Senior executive vice-president Yi Huiman said the bank had advantages in terms of cultural links in Asia. 'Capital is not our main concern, but we have to consider if we can ...

  7. Son of former ATV head arrested

    Posted Sep 07th 2010, 12:00am by Staff Reporter

    ... Staff Reporter Businessman Duncan Chiu, managing director and chief executive officer of Far East Holdings International, has been arrested for allegedly breaching the Theft Ordinance ... three were released on police bail. In a statement to the Stock Exchange last night Far East did not specify the nature of the alleged crimes or the names of those charged. Section 157H (2)(a) ...

  8. Asia's most wanted

    Posted Sep 16th 2008, 12:00am by Andrea Li

    ... Andrea Li Top-quality homes with views are in big demand and there is no shortage of buyers, especially from China, the Middle East and Russia Beachfront villas, harbour view apartments and resort-inspired city condominiums are among Asia's most sought-after properties. In some markets, these scarce dwellings have proved, in recent months, to be recession resilient despite the falls ...

  9. Wan Hai eyes entry to Asia-Europe trade lanes

    Posted Jul 11th 2003, 12:00am by Staff Reporter

    ... The intra-Asia trades biggest player, Taiwan's Wan Hai Lines, is looking to enter the trades between the Far East and Europe before the peak season kicks off. In recent weeks senior management at Wan Hai scoured northern Europe, including Britain, for an agency representative to sell their transport product and to identify ports of call. Ships sailing from Asia to Europe ...

  10. Disorder in energy-rich region threatens mainland's economy

    Posted Jul 08th 2009, 12:00am by Martin Zhou

    ... pipeline has been constructed to take the fuel as far as Shanghai. Apart from Tarim, rich reserves have been found in the Turpan Basin in the east of the region and the Junggar Basin in the north. ...




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