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  1. Euro gains on dollar doldrums

    Posted Nov 27th 2007, 12:00am by Louis Beckerling

    ... raising exposure to the euro zone from 15.6 per cent to 17.1 per cent and to Asia ex-Japan from 7.7 per cent to 9.5 per cent. In Britain, where a spending binge on property has driven yields ... by the United States for almost a decade are beginning to flow out of US dollar investments and into the euro. Depending on how far and how fast that flow goes, the tide could have far-reaching ...

  2. Mainland hot zone for M&A deals

    Posted Jun 15th 2007, 12:00am by Staff Reporter

    ... firms have made it one of the most exciting arenas for investment banking in Asia. The mainland is also a hot zone for share sales, coming second only to the United States in global equity ... Asian debt issuance in US dollars, euros and yen hit US$30.2 billion, up 53 per cent from last year. Domestic currency issuance rose a lesser 38.7 per cent to US$53.7 billion, with deal size ...

  3. Calle Sierpes, Seville

    Posted Jul 15th 2007, 12:00am by Michael Mackey

    ... Michael Mackey Seville's main shopping zone comprises plazas Nueva, Magdalena, Encarnacion and San Francisco, with Calle Sierpes at its heart. The narrow, pedest-rianised street ... Bizet's classic opera of the same name was based in the city- flock to Molina at No 11 Calle Sierpes, where prices for frilly flamenco dresses start at Euro99 (HK$1,000) and exceed Euro200. Like ...

  4. Turning up the heat on diesel trucks

    Posted Mar 25th 2007, 12:00am by Chloe Lai

    ... Chloe Lai Pollution would be slashed by converting engines to Euro IV standard, environmental official says Hong Kong's air pollution index would be below 100 on most days if all owners of heavy diesel trucks switched to cleaner Euro IV engines, according to environmental officials. Speaking at the launching ceremony of a Euro IV tour bus yesterday, principle environment ...

  5. Euro settlements on the rise in HK

    Posted Apr 22nd 2007, 12:00am by Louis Beckerling

    ... Louis Beckerling The rise of the euro and the steady decline of the US dollar is changing the global landscape for settling foreign exchange transactions, and Hong Kong is no exception. Data from the Hong Kong Monetary Authority shows that at the end of last year there were 25 direct and 22 indirect participants in the real-time settlement system for transactions in euro ...

  6. Wahaha ups ante with plans for Euro5b lawsuit

    Posted Jun 26th 2007, 12:00am by Nevin Nie

    ... a battle with joint venture partner Groupe Danone, saying it plans to sue the French food giant for up to Euro5 billion (HK$52.56 billion) for 'illegal activities'. The companies ... Danone in reverse, asking for compensation of Euro2 billion, Euro3 billion or Euro5 billion,' Wahaha said. 'We already have authentic evidence of Danone's illegal activities ...

  7. Asia banks eye euros to survive the dollar slide

    Posted Apr 22nd 2007, 12:00am by Louis Beckerling

    ... Against the background of a declining dollar, there is a trend to begin switching into euro assets, writes Louis Beckerling Asian central banks are increasingly looking to diversify out of United States dollar assets into the euro, and this is a trend that may gather momentum and make euro-currency assets an attractive component of investment portfolios, some analysts say. Others, ...

  8. Euro gains strength in international markets

    Posted May 15th 2007, 12:00am by John Cremer

    ... and equities. They were also questioning the wisdom of committing too much to US dollars, and recognised the growing role of the euro in international markets. 'Since active portfolios are dynamic, ... the diversification of central bank reserves and the structural weakness of the US dollar. Since China, Russia and other countries have invested more of their reserves in euros in the first quarter, this has ...

  9. Fraport to pay Euro50m for Xian airport stake

    Posted Apr 07th 2007, 12:00am by Charlotte So

    ... Charlotte So Fraport, one of Europe's leading airport operators, is to buy a 24.5 per cent stake in Xian International Airport for Euro50 million (HK$524.48 million) to become the first foreign airport operator to invest in a non-listed mainland airport. The Frankfurt-based company signed an agreement with Xian International Airport in the capital city of Shaanxi province ...

  10. Slovenia becomes 13th EU nation to adopt euro

    Posted Jan 02nd 2007, 12:00am by Staff Reporter

    ... Associated Press in Ljubljana Slovenia adopted the euro yesterday, becoming the 13th European Union nation to use the single currency. Minister of Finance Andrej Bajuk was the first to use a cash machine to withdraw euros. 'We are extremely happy and proud. We took this as a national project and we have indeed achieved and fulfilled all the criteria to make this a reality. ...




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