Finance Archive

  • BigFourAccounting

    Global Big Four Among Top 4 Accounting Firms In Hong Kong

    Deloitte Touche Tohmatsu Limited, usually referred to as Deloitte, is the largest professional services firm in the world by revenue and by the number of professionals. Deloitte provides audit, tax, consulting, enterprise risk and financial advisory services with more than 200,000 professionals in over 150...

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  • Lenovo ThinkPad Edge

    Lenovo Close To Surpassing HP as World’s No.1 PC Maker

    Lenovo (SEHK: 0992) is close to surpassing Hewlett-Packard as the world’s leading manufacturer of personal computers following a strong quarterly rise in sales. The Chinese company, with headquarters in Beijing, Singapore, and Morrisville (U.S.), and more than 27,000 employees globally, now has a 14.9% share...

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  • SPAM

    Hormel’s Plan To Position SPAM as a Premium Brand In China

    Hormel (NYSE: HRL), the maker of SPAM, America’s favorite luncheon meat, has plans to position it as a premium product in China.  A blend of chopped pork shoulder, ham, salt, sugar, binders and preservatives like potassium chloride and sodium nitrite, SPAM made its market debut...

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  • Coca Cola Beijing 4

    Coca-Cola Share Price On The Rise; Considers Shanghai Listing

    Global soft drinks juggernaut The Coca-Cola Company (NYSE: KO) is considering a possible future listing on the Shanghai Stock Exchange to coincide with part of its plan to expand into China.  “We continue to have positive discussions with Chinese government officials as we look at...

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  • MACAU

    Macau: Gambling Capital Of The World

    With increasing foreign investments and liberalization of its gaming industry, Macau is currently experiencing unprecedented economic growth.  $7 billion revenue in Macau’s gaming industry surpassed Las Vegas’ $6.1 billion near the end of 2006 to make it the world’s biggest gambling hub.  Analysts estimate that...

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  • HMV music store within undercover shopping mall

    Lawson To Buy HMV Japan From Daiwa Group

    Japanese convenience store chain Lawson Inc. (TYO: 2651) announced on October 28, 2010 that it will acquire music retailer HMV Japan K.K. from Daiwa Securities SMBC Principal Investments Co. Ltd. for 1.8 billion Yen (US$21.9 million). The acquisition will allow Lawson to strengthen its stores’...

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  • SuzhouTechCentre2

    The 3 Best Emerging Cities For Starting A Business In China

    A recent survey conducted by Companies.Asia Group has identified the top 20 new cities in China with the most potential for starting a business. These 20 selected cities were ranked based on information gathered from interviews of business managers, entrepreneurs, both foreign and Chinese, working...

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  • ASXMerger3

    Singapore Stock Exchange’s $8.4 Billion Bid For Australia’s Bourse

    Australia’s Stock Exchange (ASX) has entered into an agreement to be acquired by and to merge with the Singapore Stock Exchange (SGX), creating the fifth largest exchange in the world with a bourse market capitalization of US$12.3 billion, and whose listed companies have a combined...

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  • Businessman at Shanghai Stock Exchange

    The China IPO Connection

    Hong Kong and China continue to dominate global IPO activities in 2010. In 2009, Hong Kong was the world’s largest IPO market, with companies raising a combined $32 billion in capital, according to Dealogic, a data tracking firm with offices in London, Tokyo and Hong...

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  • Shanghai5

    Insurance Industry In China

    China’s insurance industry is one of the fastest growing in the world with an expected compound annual growth rate of 28-30% for the 2009-2013 period. While many countries are still slowly recovering from the devastating effects of the global financial crisis, China’s insurance industry is...

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