Starting November 1,domestic designated banking units(DBUs)will initiate renminbi-related businesses comprehensively,announced the Financial Supervisory Commission(FSC)yesterday(Sept.19). As a result,local people will be able to deposit ...
Tags: RMB business, DBUs, domestic banks, Taiwan, economic policy
According to Japan's Nikkei newspaper,the New York private equity company KKR will have a controlling stake in Renesas before the end of the year. KKR is reportedly offering$1.3bn for a controlling stake in the company whose market cap is ...
Tags: KKR, Renesas, mass sackings, investment
Home furnishings industry veteran Ron Downs announced the launch of The Downs Group, providing senior financial consulting services to the furniture and home furnishings industry working with manufacturers, distributors and its suppliers. ...
Tags: Industry, Company, Furnishing
The Bank of Israel is using Google search data to find clues to the state of the Israeli economy,analysing keyword counts reported by Google,before it releases its own official statistics. And the Bank of England,the Federal Reserve in ...
Tags: central bank, Google, economy
The Kedrion Group, a developer of plasma derived products, has purchased Ortho-Clinical Diagnostics' Rho(D) immune globulin (Human) RhoGAM and Rho(D) Immune Globulin (Human) MICRhoGAM ultra-filtered Plus products, used for the prevention of ...
Tags: plasma derived products, Immune Globulin, ultra-filtered Plus products
Aflac has promoted Eric Kirsch to executive vice president, global investments, while continuing to serve as global chief investment officer. Kirsch will continue to report to Aflac's executive vice president and deputy chief financial ...
Tags: Aflac, Eric Kirsch, vice president
While earnings from marquee-name tech companies such as Apple and Facebook disappointed this week, sales of mobile devices and enterprise software showed signs of growth. The deluge of earnings reports offered mixed news about sales but ...
Tags: ERP, Wall Street, US, software
The London 2012 Summer Olympic Games are just around the corner,so let's take a look at some hot lighting trends near London.England offers its visitors more than just afternoon tea,the Royal Family and a double decker bus,there is also the ...
Tags: lighting trends, England, Bowler Hat Pendant, lamp design
Renesas told a press conference in Tokyo yesterday that it will offer 5000 workers financial incentives to leave the company or take early retirement. The headcount reduction will save the company$539m a year. It is reported that the ...
Tags: Headcount Reduction, Hitachi, NEC, Mitsubishi
Usually the articles I write feature change of some sort. Most often it’s a statistical series that has moved up or down. Sideways is the exception. A series that is well-known for its volatility is construction costs. That’s ...
Tags: market view, construction
Plexus Cotton Limited reports that NY futures ended the week mixed, as December managed to close unchanged at 99.50 cents, while March dropped 240 points to close at 96.48 cents. For most of the week the market tried to work its way higher ...
Tags: industry trends, cotton