Bankrupt G.M. Says It Owes $172 Billion The New York Times | This article was reported by David E. Sanger, Jeff Zeleny and Bill Vlasic, and written by Mr. Sanger. Skip to next paragraph Your Money Q. and A. | If you own a G.M. car, are considering buying one or are an investor in the company, please write to us with any questions you may have now that the c...
Asian and European Stocks Follow Wall Street Higher The New York Times | Filed at 4:38 a.m. ET | HONG KONG (AP) -- World stock markets shot higher Wednesday after a report showing Americans more optimistic about their economy strengthened hopes that the global recession would soon abate. | The swing higher lifted most industries and markets, with Hong Kong shares up 5 ...
Jail for banker in $98m theft Hong Kong Standard A former Hang Seng Bank manager has admitted she stole HK$98.67 million from the accounts of 13 clients. | //--> Diana Lee | Friday, July 03, 2009 | A former Hang Seng Bank manager has admitted she stole HK$98.67 million from the accounts of 13 clien...
Star pair named as bank-boss victims Hong Kong Standard Comic-book guru Ma Wing-shing and retired actress Chingmy Yau Suk-ching were among the alleged victims of a bank manager who pleaded guilty to stealing more than HK$100 million from the accounts of 13 clients. | //--> Patsy Moy | Thursday, June 25, 2...
Going Cuckoo over crime The Star | An artistic collaboration between Malaysia and Singapore delves into crime, violence ... and perhaps some deeper issues. | WHEN theatre people from Malaysia and Singapore got together recently to create their next play, what theme did they agree on...
Cash-strapped Gome looks for investors China Daily | | Gome Electrical Appliances Holdings Ltd, China's largest electronics retailer, has confirmed what was widely known to punters on the Hong Kong stock market - the company needs money and is looking for investors. | The Beijing-based company...
World markets rally as data suggest slump easing Philadelphia Daily News | JEREMIAH MARQUEZ | The Associated Press | HONG KONG - World stock markets rallied Thursday as U.S. and Japanese economic data signaled the global recession was letting up, with Taiwan shares surging after a historic agreement cleared the way for Ch...
Market Maker Surveillance Report. Top 6 Abnormal Price Friction Stocks For April 22, 2009 Insurance Newsnet BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for April 22, 2009. Since late October market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. Thi...
Citic Pacific Chairman Steps Down Amid Investigation The New York Times | HONG KONG - Citic Pacific, a Hong Kong conglomerate controlled by the biggest Chinese state- owned investment company, replaced its top management Wednesday amid an investigation by regulators into currency losses at the company last year, causing ...
China car boom could last a few years: analysts China Daily | HONG KONG: China is at the start of another boom in car sales that is being propelled by rising incomes in third-tier cities and could continue for a few years, JP Morgan said on Wednesday. | A 21% surge in car sales this year has caught Chinese car makers, which had curbed production on expectations the country's sharp economic slowdown late las...
Adelson says Sands considering Macau IPO Kansas City Star Wong Maye-E The Marina Bay Sands construction site, left, faces Singapore's financial skyline on Wednesday July 8, 2009, in Singapore. Las Vegas Sands Chairman Sheldon Adelson said Wednesday, the opening of the company's US$5.5 billion Singapore casino and resort will be delayed until early next year because of problems sourcing construction materi...
