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  • October 22, 2014
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  1. Property - International

    US apartment stocks on the rise after Sam Zell's deal for Archstone

    Posted Dec 05th 2012, 12:00am by Bloomberg in New York

    ... Bloomberg in New York Zell's US$16b buyout pushes up apartment stocks Sam Zell's Equity Residential and AvalonBay Communities are drawing investors back to apartment stocks four months after their best days looked to be behind them. Their surprise US$16 billion deal last week to acquire Archstone from Lehman Brothers Holdings ended a plan by the defunct investment bank ...

  2. Business - Economy

    Unexpected dip in US business activity

    Posted Sep 29th 2012, 12:00am by Bloomberg

    ... Bloomberg in Washington Measure falls below 50 for first time since 2009, as consumer spending barely rises Unexpected dip in US business activity Business activity in the United States ... business barometer fell 49.7 from 53 last month. A reading below 50 indicates contraction. The median estimate of 57 economists surveyed by Bloomberg forecast the gauge would fall to 52.8. ...

  3. Business - China Business

    Business Digest, November 13, 2012

    Posted Nov 13th 2012, 12:00am by STAFF, AGENCIES

    ... Zhang Zhirong, and the US Securities and Exchange Commission, over alleged insider dealing involving shares of Canadian energy company Nexen. Well Advantage, which will pay US$14.24 million, did not admit or deny the share trading allegations. Keith Wallis Leucadia to purchase Jefferies for US$2.76b Leucadia National agreed to buy the portion of Jefferies Group it doesn't already own ...

  4. Business - China Business

    Business Digest, October 20, 2012

    Posted Oct 20th 2012, 12:00am by STAFF, AGENCIES

    ... exports and typically lead actual exports by two to three months. Reuters   HK dollar trading at strong end of range The Hong Kong dollar touched HK$7.75 versus the US dollar yesterday, a move that could trigger intervention by the Hong Kong Monetary Authority, which would buy US dollars to prevent further appreciation. It was the first time the pegged currency tested the strong end of its ...

  5. Business - China Business

    Business Digest, November 30, 2012

    Posted Nov 30th 2012, 12:00am by STAFF, AGENCIES

    ... Bloomberg   HKMA steps in twice to weaken HK dollar The Hong Kong Monetary Authority sold a combined HK$5.81 billion for US dollars yesterday in two interventions in the currency markets to prevent the Hong Kong dollar from strengthening past its trading band with the US dollar. Since last month, the central bank has sold HK$41.14 billion. Enoch Yiu   US economy grew faster than forecast ...

  6. Business

    US jobless rate drops but crisis continues

    Posted Dec 08th 2012, 09:48am by AFP in Washington

    ... AFP in Washington The US unemployment rate slipped to a December 2008 low in November but the job market remains stuck in a grinding crisis, government data released Friday shows. The US unemployment rate slipped to a December 2008 low in November but the job market remains stuck in a grinding crisis, government data released onFriday shows. The Labor Department’s monthly jobs report ...

  7. Business - Companies - COMPUTERS

    Lenovo to start PC production in US next year

    Posted Oct 03rd 2012, 12:00am by BIEN PEREZ

    ... based in more than 60 countries. It does business in more than 160 markets worldwide. The US production initiative will mark the latest strategic expansion effort in the Americas for Lenovo, ... a production line for its Think brand notebooks, desktops and media tablet in the US next year. The Hong Kong-listed company's first United States manufacturing operation will be in Guilford ...

  8. Business - Companies

    Japan’s Suzuki shuts down US car business

    Posted Nov 06th 2012, 04:30pm

    ... Agence France-Presse in Tokyo Japan’s Suzuki said on Tuesday it would shut down its money-losing car business in the United States and file for bankruptcy, citing a strong yen and weak demand for its small cars in the US market. But American Suzuki Motor Corp (ASMC), which said it had debts of US$346 million, added that it would continue selling motorcycles, all-terrain ...

  9. News - World - UNITED STATES

    Northeast US gets back to business after Hurricane Sandy

    Posted Oct 31st 2012, 04:18pm by Reuters in New York

    ... Reuters in New York Millions across the US Northeast stricken by massive storm Sandy will attempt to resume their normal lives on Wednesday as companies, markets and airports reopen ... and businesses remained without electricity across several states as trees toppled by fierce winds tore down power lines. Subway tracks and commuter tunnels under New York City, which carry several ...

  10. Business - Money

    ING sells HK Macau,Thailand insurance businesses to Richard Li for US$2.14 billion

    Posted Oct 19th 2012, 02:00pm by Lulu Chen

    ... Lulu Chen ING Group said it has agreed to sell its Hong Kong, Macau and Thailand insurance businesses to Richard Li Tzar-kai’s Pacific Century Group for US$2.14 billion (HK$16.59 billion ...




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